Trump Claims He Has '$500 Million' Cash For His Bond #TYT

TYT Clip of the Day - Hour 1
22 Mar 202420:46

Summary

TLDR前总统唐纳德·特朗普声称自己拥有近5亿美元现金,这与他的律师关于他无法支付464亿美元民事欺诈案判决的说法相矛盾。特朗普在纽约检察长莱蒂西亚·詹姆斯提起的案件中有直到周一前提供保证金的期限,否则詹姆斯可以开始扣押他的资产。特朗普在社交媒体上表示,他通过工作、才能和运气积累了大量现金,打算用于2024年的总统竞选。他还批评了法官和检察长的行为,称这是共产主义在美国的体现。此外,特朗普的公司特朗普媒体将与一家空白支票公司合并,尽管面临法律和监管障碍,特朗普将拥有价值超过30亿美元的上市公司主要股份。

Takeaways

  • 💰 前总统唐纳德·特朗普声称自己几乎拥有5亿美元现金,这与他的律师关于他无法支付4.64亿美元民事欺诈案件判决的说法相矛盾。
  • 📅 特朗普有直到周一的时间来支付保证金,否则纽约总检察长莱蒂西亚·詹姆斯将开始扣押他的资产。
  • 💬 特朗普在Truth Social上表示,他通过工作、才能和运气积累了大量现金,原本打算用于2024年的总统竞选。
  • 🚨 特朗普指责纽约的法官和总检察长在案件中对他进行政治打击,声称自己没有做错任何事。
  • 🤝 特朗普的律师在法庭文件中表示,他无法获得保证金,尽管特朗普在去年的一次证词中声称自己拥有超过4亿美元的现金。
  • 📈 特朗普媒体公司将与一家特殊目的收购公司合并,特朗普将拥有价值超过30亿美元的控股权。
  • 🔒 特朗普的股份将受到所谓的锁定协议的限制,这意味着他今年大部分时间内无法立即变现。
  • 🤔 评论员质疑特朗普关于拥有大量现金的说法,并指出他在不同场合对此的陈述不一致。
  • 🏛️ 有观点认为,如果特朗普被迫出售他的财产,可能会过于严厉,但对他实施财产留置权可能是一个合理的解决方案。
  • 🎥 一些评论家担心,如果纽约总检察长开始扣押特朗普的房产,可能会在2024年的选举中为他创造受害者形象。
  • 💭 特朗普媒体公司的估值被认为过高,其背后的商业逻辑和潜在的财务风险引起了讨论。

Q & A

  • 唐纳德·特朗普前总统在民事欺诈案中面临的判决金额是多少?

    -唐纳德·特朗普前总统在民事欺诈案中面临的判决金额是4.64亿美元。

  • 特朗普声称自己目前拥有多少现金?

    -特朗普声称自己目前拥有近5亿美元的现金。

  • 特朗普计划如何使用他声称拥有的现金?

    -特朗普计划将他声称拥有的现金用于他的总统竞选活动。

  • 特朗普媒体公司与哪家空白支票公司合并?

    -特朗普媒体公司与一家名为Susana International Group LLP的空白支票公司合并。

  • 特朗普媒体公司合并后的估值是多少?

    -特朗普媒体公司合并后的估值超过300亿美元。

  • 特朗普在合并后拥有特朗普媒体公司多少股份?

    -特朗普在合并后拥有特朗普媒体公司58%的股份。

  • 特朗普的律师在法庭文件中声称他无法获得多少金额的保证金?

    -特朗普的律师在法庭文件中声称他无法获得4.64亿美元的保证金。

  • 特朗普在2016年声称自己拥有多少资产?

    -特朗普在2016年声称自己拥有100亿美元的资产。

  • 特朗普在2021年声称自己拥有多少资产?

    -特朗普在2021年声称自己拥有45亿美元的资产。

  • 特朗普媒体公司的True Social在第三季度的收入是多少?

    -特朗普媒体公司的True Social在第三季度的收入为110万美元。

  • 特朗普媒体公司的True Social在第三季度的利润情况如何?

    -特朗普媒体公司的True Social在第三季度亏损了2600万美元。

Outlines

00:00

💰 特朗普声称拥有5亿美元现金

前总统唐纳德·特朗普表示,他几乎拥有足够的资金来支付纽约总检察长莱蒂西亚·詹姆斯在民事欺诈案中对他提出的4.64亿美元判决。尽管他的律师声称他无法支付保证金,特朗普在社交媒体上声称自己拥有近5亿美元现金,并打算用其中的一部分来资助他的总统竞选活动。他还指责詹姆斯和法官试图通过巨额判决和利息要求来剥夺他的财产,并将其政治化。

05:03

🏛️ 特朗普面临的法律挑战和财务困境

特朗普面临的法律挑战包括纽约总检察长对他提起的民事欺诈案,以及他声称拥有的财产可能被查封的威胁。他的律师在法庭文件中表示,特朗普无法获得保证金,尽管特朗普在去年的一次证词中声称拥有超过4亿美元现金。此外,特朗普的公司特朗普媒体计划上市,尽管这可能不会立即帮助他解决财务问题,因为他的股份在一段时间内将受到锁定协议的限制。

10:05

📉 特朗普媒体公司估值和特朗普的财务状况

特朗普媒体公司与一家特殊目的收购公司合并后,特朗普拥有该公司58%的股份,估值超过300亿美元。然而,这家公司的估值被认为过高,因为它目前只有一个资产——真实社交(Truth Social)平台,而该平台的收入和利润表现并不理想。专家们认为,特朗普媒体公司的股票可能会在短期内被高估,然后迅速崩溃,导致投资者损失。

15:05

🤝 特朗普与杰弗里·耶的合作及其政治影响

特朗普媒体公司与杰弗里·耶的苏萨纳国际集团合并,而耶是共和党的大型捐赠者,同时也在政治上支持温和民主党人。这种合作揭示了金钱在政治中的影响力,以及如何通过合作伙伴关系影响选举结果。此外,耶通过这次合并可能会获得对TikTok的控制权,这表明特朗普的财务和政治活动可能受到特殊利益集团的影响。

20:05

📺 《年轻土耳其人》节目结束语

节目最后,主持人感谢观众的观看,并提醒观众通过YouTube会员支持节目。会员可以享受更多互动功能,如实时聊天、表情符号和徽章,以及观看会员专属节目和特别节目。

Mindmap

Keywords

💡唐纳德·特朗普

唐纳德·特朗普(Donald Trump)是美国的商人和前政治家,曾担任第45任美国总统。在视频中,他提到自己拥有近5亿美元现金,这与他律师的说法相矛盾,后者声称他无法支付464亿美元的民事欺诈案判决。

💡民事欺诈案

民事欺诈案是指在民事诉讼中,一方因另一方的欺诈行为而遭受损失,从而提起的法律诉讼。在视频中,特朗普被纽约总检察长莱蒂西亚·詹姆斯提起民事欺诈诉讼,涉及金额高达464亿美元。

💡莱蒂西亚·詹姆斯

莱蒂西亚·詹姆斯(Leticia James)是美国纽约州的总检察长,她在视频中对特朗普提起了民事欺诈诉讼,并准备在特朗普未能按时支付判决金的情况下开始扣押他的资产。

💡Truth Social

Truth Social是特朗普媒体集团(Trump Media & Technology Group)旗下的社交媒体平台,特朗普通过该平台发表言论,声称自己拥有大量现金,并批评了针对他的法律诉讼。

💡资产扣押

资产扣押是指法院为了确保判决能够得到执行,允许债权人暂时取得债务人的部分或全部资产的法律行为。在视频中,如果特朗普未能按时支付判决金,纽约总检察长莱蒂西亚·詹姆斯将开始扣押他的资产。

💡政治竞选

政治竞选是指个人或团体为了获得政府公职而进行的活动,通常包括宣传、筹款和竞选演讲等。特朗普在视频中提到,他打算使用部分现金进行总统竞选。

💡特朗普媒体集团

特朗普媒体集团(Trump Media & Technology Group)是特朗普创立的公司,旨在建立一个名为Truth Social的社交媒体平台。该公司计划上市,特朗普拥有超过58%的股份,估值超过300亿美元。

💡特殊目的收购公司

特殊目的收购公司(Special Purpose Acquisition Company,SPAC)是一种为了通过首次公开募股(IPO)筹集资金,然后收购一家私有公司而创建的空壳公司。在视频中,特朗普媒体集团就是通过与一家SPAC合并来实现上市。

💡股票市场

股票市场是买卖股票的场所,公司通过发行股票来筹集资金,投资者购买股票以期获得公司未来增长的利润。视频中提到特朗普媒体集团的股票被高估,暗示投资者可能会在股票价格下跌时遭受损失。

💡政治影响

政治影响是指个人或团体通过各种手段对政治过程或政策决策产生作用的能力。视频中提到特朗普媒体集团的合作伙伴,即特殊目的收购公司的联合创始人,同时在政治上支持一位温和民主党人,显示了金钱在政治中的影响力。

Highlights

前总统唐纳德·特朗普表示,他几乎有足够的钱来支付保证金,这与他的律师声称他无法支付4.64亿美元的民事欺诈案判决相矛盾。

Transcripts

00:00

former president Donald Trump said this

00:02

morning that he has almost enough money

00:03

to post bond undercutting his lawyers

00:06

claims that he would not be able to

00:08

comply with the

00:10

$464 million judgment against him in the

00:14

Civil fraud case brought by New York

00:16

attorney general Leticia James he has

00:18

until Monday to post the bond before

00:21

James can start seizing his assets and

00:23

apparently she's already on the move but

00:26

he wrote on Truth social early this

00:28

morning through Work Talent and luck I

00:32

currently have almost $500 million in

00:35

cash a substantial amount of which I

00:37

intended to use in my campaign for

00:39

president the often overturned political

00:42

hack judge on the rigged and corrupt AG

00:44

case where I have done nothing wrong

00:46

knew this wanted to take it from me and

00:49

that's where and why he came up with the

00:52

shocking number which coupled with his

00:53

crazy interest demand is approximately

00:56

$454 million that's all one sentence I

00:59

did not nothing wrong except win an

01:02

election in 2016 that I wasn't expected

01:04

to win did even better in 2020 and now

01:07

lead by a lot in 2024 this is communism

01:11

in America in another post he described

01:15

the Judgment as so unconstitutional and

01:18

said judge Arthur angeron came up with a

01:20

crazy out of thin air award in order to

01:23

damage me politically and not allow me

01:25

to use any of the large amount of cash I

01:27

have built up over the years through

01:30

hard work Insight Instinct and diligence

01:33

on my political campaign for president

01:36

his lawyers have previously said in

01:38

court in a court filing on Monday that

01:40

he was unable to secure a bond despite

01:42

the fact that at a deposition last year

01:45

Trump said he had substantially in

01:47

excess of 400 million in cash and he's

01:50

likely about to become much much richer

01:53

after it was announced today that his

01:55

company Trump media would be taken

01:57

public shareholders voted to approve

01:59

Trump media's merger with a blank check

02:02

company following years of legal and

02:04

Regulatory obstacles Trump will own a

02:07

dominant stake in a public company with

02:09

shares worth more than three billion at

02:12

current market prices but that doesn't

02:15

mean much with regard to the bond

02:17

because he won't be able to monetize his

02:19

stake right away Trump's stake will be

02:21

tied up for much of the Year under a

02:23

so-called lockup agreement a normal

02:26

arrangement for such deals to ensure

02:28

that insiders don't bail as soon as they

02:29

come goes public and push down the stock

02:33

price there's more to this story but I

02:35

want to bring you both in Jen what do

02:37

you make of this do you believe him when

02:39

you when he says he has the money for it

02:41

well I I hope it's true then this whole

02:44

thing solved as usual Donald Trump

02:47

punches himself in the face so I'm G

02:49

come back to that in a second I'm going

02:51

to come back to I have the answer for

02:52

how to solve all this so rest assured

02:55

everybody take a deep breath uh and then

02:57

my favorite part is the Trump media uh

03:00

asset that he's now theoretically has

03:02

over $3 billion I love that s okay so

03:05

one thing at a time a lot of mainstream

03:06

media don't give you honest news we do

03:08

you know why because of you paid

03:10

membership on YouTube makes all the

03:12

difference hit the join button below and

03:14

you become the hero that sustains Us

03:16

number one um you remember back in 2016

03:20

Donald Trump claimed that he had $10

03:22

billion then in

03:24

2021 uh he legally said that he has $4.5

03:29

billion

03:30

and so if he really has $4.5 billion you

03:33

might still have some difficulty getting

03:35

500 million in cash because a lot of

03:38

people have it locked up in stocks or or

03:41

uh real estate Etc that's harder to to

03:43

get out but if you have four and a half

03:45

billion you probably have a half a

03:46

million dollars in cash As Trump is

03:47

saying now but I'd like to make a couple

03:49

of notes about that number one if you

03:52

have it then why are we having this

03:54

conversation the law is you're supposed

03:56

to give it over and you just said you

03:58

have it he so dumb he just can't help

04:01

himself why would you say as you're

04:03

begging everyone and your lawyer said on

04:05

TV you might even be asking foreign

04:08

governments for the money you're at to

04:10

you have right-wing media begging

04:12

right-wing billionaires for the why

04:13

would you say you have it then you're in

04:15

court saying you don't have it and then

04:18

you publicly say that you do have it

04:21

it's Donald Trump's lack of intelligence

04:24

is immeasurable he's like negative IQ

04:27

they and why cuz he can't help himself

04:29

self he wants to his whole thing is

04:32

self- puffery I'm so rich I have so much

04:36

money and that's a stupid game he's been

04:38

playing this whole time can I ask you

04:40

guys if you guys are Die Hard Maga and

04:42

you think oh Jen Buu Trump's right about

04:44

everything he's such a demig god of

04:46

Truth and honesty wait a minute and he's

04:49

such an awesome businessman let's this

04:51

think this through because if Trump is

04:53

right and you guys are right that he

04:55

always tells the truth he had 10 billion

04:57

in

04:58

2016 4 and a half billion in 2021 how

05:03

did this awesome businessman lose five

05:06

and a half billion dollars in five

05:10

years come on guys anybody who doesn't

05:13

think Donald Trump is a hilarious liar

05:16

is so detached from reality they're

05:18

hopeless we just have to talk to the

05:20

sane people in this world to to get to

05:23

objective reality here of course he

05:24

doesn't have that kind of money and of

05:26

course he doesn't have the cash I don't

05:27

know what he's going to do here but I do

05:29

have what should happen and right now

05:31

this is pretty much in the process of

05:33

happening I think that have forcing him

05:36

to sell all the properties now is is too

05:39

Draconian I don't think it's the right

05:40

thing to do on the other hand I think

05:43

putting leans on the properties meaning

05:45

hey if you lose the appeal and you go

05:47

all the way through and you've lost the

05:48

case then at least we can Seize Your

05:51

properties then we have a legal right to

05:53

seize your properties then that's fair

05:55

because he's got to put up the

05:57

collateral so that we know he can pay

06:00

this but without bankrupting him now by

06:02

making him sell his proper I'm curious

06:04

what you guys think about that actually

06:06

let's talk about that and I'll save what

06:08

I think of trump media in a second

06:09

because that is also hilarious okay uh

06:13

but Trey what do what do you think about

06:15

uh his claims and and and what should

06:17

happen to him in that

06:19

case uh well first of all I just think

06:21

it's fun I I think all the time about

06:22

what it must be like to be one of Donald

06:24

Trump's lawyers you know what I mean cuz

06:25

presumably these people like do their

06:27

level best and try to be all you know

06:30

stick to the law and present these like

06:32

seemingly legitimate and legal reasons

06:33

why we can't comply with that request

06:35

then later that night Trump while on the

06:36

toilet gets on Truth social and it's

06:38

like just so everybody knows I can

06:39

totally comply with this request I'm

06:40

just not going to because the Trump or

06:42

because the judge is a hack and an idiot

06:44

and I just want to put that out there

06:45

and you know the lawy you're is got to

06:46

be sitting there like Jesus Christ like

06:48

it's got to be so plus you don't get

06:49

paid and could end up in jail yourself

06:51

so not an enviable job I think and also

06:55

I do I like this story because it does

06:57

cut right to the heart of his whole like

06:58

Persona he is like you know Scrooge

07:00

McDuck type rich person or wants

07:02

everybody to think he is like he's a

07:04

cartoon version of a rich man and that's

07:06

how he identifies and it's very

07:08

important to him so like something that

07:10

hits him in his wallet and makes him

07:11

appear to not have as much money as you

07:13

know he says he does I do enjoy I get a

07:15

lot of shod in Freud from that and uh

07:18

you know anything that leads to like

07:19

headlines about Trump being broke I'm

07:21

all for it I do kind of bristle at that

07:23

cuz I come from a long line of broke

07:25

people like I'm I'm from old no money

07:27

right and it's like he ain't he's not

07:28

broke like like I don't know when's the

07:30

last time you had to choose between new

07:32

tires and a fan belt or like you know

07:34

live off of raymen noodles excuse me

07:37

ramen noodles and Beany wayy is like

07:38

he's not broke he's rich people broke

07:40

which is different rich people when

07:41

they're broke they can keep playing golf

07:43

somehow I don't get I don't get how all

07:44

that works but but yeah I know it's got

07:47

to be tough for his ego which is why he

07:48

can't help but say no I I totally

07:50

because you know when he says he's like

07:52

I've got I'm the billion billionaire

07:54

that ever billion you can't admit to not

07:56

having half of only one billion you know

08:00

you have to pretend you have it but like

08:01

you guys said like if he did then what

08:04

where is it what's going why isn't he

08:06

you know coming forth why is he actually

08:08

producing it so no I don't think he has

08:10

it as far as what should happen you're a

08:12

far smarter man than me Jank so I'm just

08:14

going to defer to your expert that what

08:16

you what you call it Lanes yeah lanes

08:18

that sounds good I think we should do

08:19

that I'm with

08:21

you I don't agree that I'm smarter than

08:24

you but I hear what you're saying about

08:25

the legal options Jordan

08:28

yeah well you know we we talked about

08:31

the assets earlier and the deadline to

08:33

post his bond is on Monday which point

08:36

Leticia James can start claiming assets

08:39

according to CNN she is already on the

08:41

move the New York attorney general's

08:42

office has filed judgments in

08:44

Westchester County the first indication

08:46

that the state is preparing to try to

08:48

seize Donald Trump's golf course in

08:49

private estate estate north of Manhattan

08:52

known as Seven Springs that doesn't

08:54

necessarily mean that seizures of the

08:56

Westchester properties are imminent but

08:58

judgments are the ini step James needs

09:00

to Tak take if she plans to seize them

09:02

in the future judgment has already

09:04

entered in New York City where Trump's

09:06

properties including Trump Tower his

09:08

Penthouse at Trump Tower 40 Wall Street

09:10

his hotel of budding Central Park and

09:12

numerous apartment buildings are located

09:15

judgments have not been entered yet in

09:17

Florida where Mar Lago is located but

09:19

some including Republican pollster and

09:21

Trump critic Frank lunz think Leticia

09:23

James seizing his properties is a

09:26

terrible idea take a look if the New

09:28

York attorney general starts to take his

09:30

homes away starts to seize his assets

09:34

it's all going to be on camera pundants

09:36

are going to sit there and scream about

09:37

this this man cannot be elected you're

09:40

going to create the greatest victimhood

09:42

of 2024 and you're going to elect Donald

09:45

Trump if they take his stuff he's going

09:49

to say that this is proof that the

09:51

federal government and the establishment

09:54

in the swamp in Washington and all the

09:56

politicians across the country and the

09:58

attorneys generals and all of this that

10:01

this is a conspiracy to deny him the

10:04

presidency he's gonna go up in the polls

10:06

just like he went up every single time

10:09

they indicted him I don't understand I'm

10:11

almost speechless in how pathetic the

10:15

opposition to Trump has been and how

10:17

completely misguided and this is a

10:19

perfect example of it so Jen is is Frank

10:23

luns right

10:28

here

10:30

Republican poster they're probably the

10:31

top poster on their side in my lifetime

10:34

uh but he does not like Donald Trump and

10:36

does not want him to win uh so with that

10:38

caveat uh but uh look his I've been

10:43

stunned by how pathetic uh Trump's

10:45

opposition is all of this time I mean

10:48

they're so so bad at running against him

10:50

so bad at holding him accountable and

10:53

part of the reason for that I could

10:55

explain which is that the Democratic

10:57

Leadership has such an establishment

10:59

mindset that they cannot relate to the

11:01

average guy so they can't see what the

11:04

average guy was going to get mad about

11:06

and number one thing is they don't get

11:07

that the average guy is mad about them

11:09

right and so they keep going in the

11:11

wrong direction so okay but how does

11:13

that play into this well uh if you uh

11:17

put Lans on his properties as I'm

11:19

suggesting you're not actually taking

11:21

them and selling them now which has much

11:24

worse Optics but you have the ability to

11:28

sell them if he loses the appeal that is

11:31

both more fair and will have better

11:34

Optics but knowing you know how Democrat

11:38

establishment group thing is and Leticia

11:40

James is roughly part of that group

11:41

think and and she's being encouraged by

11:43

other pundits on cable news and other uh

11:46

politicians in the Democratic party they

11:48

kind of want that shot and fr that Trey

11:51

was talking about so they want to see

11:53

his houses taken away but then he's

11:55

going to get to say look at the

11:56

Communist taking my property I the case

11:58

isn't even over yet yeah I lost the

12:00

first round but I have appeals coming up

12:02

and that's going to resonate with people

12:04

and if you sell his properties now

12:06

they're going to be sold in a fire sale

12:08

so something that could have gotten $150

12:10

million maybe gets you know 85 million

12:12

well that money's gone then the differ

12:14

let's say it was round numbers could

12:16

have gone for 150 went for 100 that $50

12:18

million you the state can't recover

12:20

Trump can't recover it's gone so I think

12:23

it's a really bad idea to sell the

12:25

properties uh both politically and in

12:27

terms of uh po as well so regrettably I

12:31

think Lun is right and the Democrats

12:33

just can't see straight anything that

12:35

attacks Trump they think is good but

12:37

that's not necessarily the case you have

12:38

to actually be smarter about how the

12:40

politics of this plays out so I do want

12:42

to go back to the thing that I promised

12:43

about Trump media guys they say the

12:46

company now that it's going to it looks

12:47

like it's going to go forward and is

12:49

perfect that he made a deal with a blank

12:51

check company that's exactly the kind of

12:53

deal that Trump would want to make that

12:55

the company itself was going to be worth

12:56

six billion uh and that Trump owns 58%

13:00

of it that's why he's going to have over

13:02

$3 billion that is very unlikely but

13:05

there there is a narrow window where it

13:06

is possible so the stock is hilariously

13:11

overvalued I mean it is I've never seen

13:14

a stock more overvalued in my life this

13:17

thing's worth $6 billion it has one

13:18

asset right now true social do you know

13:21

what true social did in the third

13:22

quarter of this year or of last

13:26

year so that's a quarter of the year

13:29

they made $1.1

13:31

million in

13:33

revenue and that company's worth 6

13:36

billion hilarious hold on it gets way

13:38

worse that's Revenue how about profits I

13:40

mean if you made 1.1 million you you

13:42

probably don't have that many that much

13:44

profits right no way worse they lost $26

13:48

million in one quarter so he's on Pace

13:51

to lose you know over 80 million for the

13:53

year and that company's worth $6

13:58

billion

14:00

no no I want to explain to you guys and

14:02

especially if you're Mega if you're ever

14:04

going to listen to me on anything this

14:05

should be it it's a suckers play so they

14:09

want to introduce it publicly have all

14:11

of you guys buy the stock have it be

14:13

super overinflated and within six months

14:15

management and perhaps including Donald

14:17

Trump and the shareholders can start

14:19

selling their stock so they'll sell

14:21

their stock like crazy and it'll crater

14:24

it's not worth anything it's run by

14:27

Donald Trump one of the dumb people in

14:29

America he's gone bankrupt six different

14:32

times he's almost never succeeded in any

14:36

business he's ever run and it's already

14:37

losing about 80 million a year with no

14:40

hope of ever turning it around so he's

14:43

not he the only way he gets any of that

14:46

money is if they could just hold on for

14:48

six months while magga suckers buy the

14:51

stock and no one else then the rest of

14:53

the market will short the crap out of it

14:55

it'll collapse so quick and so

15:00

overwhelmingly okay I will this is the

15:02

type of thing that I would bet any money

15:04

on okay that the chance of that

15:06

company's survival and turning a profit

15:09

is zero it's not near zero it's zero so

15:13

let's see if I'm right or wrong we'll

15:14

see that's the beauty of all this guys

15:16

so Trump says he's got the half a

15:18

billion dollars well he has to put up

15:20

the bond on Monday so we'll find out

15:22

won't we and you'll get to see with your

15:23

own eyes and if 10 years from now you

15:26

know Trump media is still running strong

15:28

and Trump got billions of dollars from

15:30

it and he didn't sell the stock he just

15:31

owns it and it's doing great then okay

15:34

then you come back and say haha J you

15:35

didn't know anything about business and

15:38

Trump

15:39

did but you'll

15:42

see all right any other thoughts guys

15:44

yeah the Trump media thing I had been

15:46

wondering what their next like grift was

15:48

going to be to like financially exploit

15:50

his you know his his base or whatever

15:52

and my money had been on commemorative

15:54

plates I thought that was a play they

15:55

were going to make at some point you

15:56

know what I mean put Trump's face on a

15:57

plate like d arnhart Style real big in

16:00

the trailer park I thought it could have

16:01

been on to something but it but you know

16:03

this stock it also you know that that

16:05

works too I guess but I mean obviously

16:06

you're right the idea that true social

16:09

is apparently worth $6 billion I mean

16:11

all this stuff Wall Street valuations

16:13

are always they seem like you know like

16:15

Hogwarts and to me anyway and rarely

16:18

ever make any sense but especially uh

16:21

this yeah I don't know I don't know

16:22

where they're getting that from but you

16:23

know people are going to line up to buy

16:24

it it's definitely going to happen you

16:25

know ain't no grift like a trump grift

16:27

baby but as far as the lunch thing I

16:29

don't know when I hear people say

16:31

like I to me that sounds like him saying

16:34

he shouldn't face the typical

16:35

consequences because it will be helpful

16:38

to him because he'll complain about it

16:41

and I'm listenting like soes that mean

16:42

he just supposed to get away with

16:44

everything because of you know who he is

16:47

and how dumb his fans are because it'll

16:50

be interpreted as like the government

16:51

coming after him and it might help him

16:54

out that means that what he should just

16:56

be allowed to keep things that anyone

16:59

else in his position wouldn't be able to

17:00

keep I don't know I'm too law Dum to

17:02

really speculate on it but yeah then and

17:04

the last thing on the stock I do think

17:06

it's kind of appropriate that

17:07

artificially inflating the value of

17:08

something is you know he's right back to

17:11

doing that again it's like that's how we

17:12

got here in the first place so time is a

17:14

flat circle what are you going to do you

17:16

know there's one thing I want to add

17:17

about the truth social merger citizens

17:21

for ethics and responsibility in

17:23

Washington otherwise known as crew they

17:25

pointed out earlier that the spack

17:28

that's mer ING with true social is

17:30

Susana International Group LLP which was

17:33

co-founded by GOP Mega donor Jeffrey yes

17:37

some people might know that name as

17:39

helping try to shape the outcome of

17:42

different elections in Pennsylvania and

17:44

right now he is supporting a super pack

17:47

that is trying to un to stop summer Lee

17:50

in her primary he is this is the same

17:53

guy who was spending big to try to stop

17:56

summer Lee in the Democratic primary so

17:58

we talk about money in politics we talk

18:00

about how these people have influence

18:02

this is somebody who's partnering with

18:03

Trump on Truth social and simultaneously

18:05

trying to support a moderate Democrat in

18:09

the primary so a perfect example and yet

18:12

another example of why we need to get

18:14

big money out of politics okay last

18:16

couple of things then uh first of all

18:17

the lean on the properties solves the

18:19

issue that that Trey has legitimately so

18:22

you don't want to have different rules

18:23

for Trump in either direction where he's

18:25

Above the Law or below the law so if you

18:27

put the leans on he can't get away with

18:29

it uh but it doesn't sell his properties

18:31

right away secondly on Jeff yes is a

18:33

great Point by uh Jordan uh and here

18:35

goes as Queen again uh because remember

18:38

he's the guy who owns 15% of Tik Tok and

18:40

that's why Donald Trump switched his

18:42

position on Tik Tok because it turns out

18:44

Yas was going to try to funnel him a

18:47

gigantic amount of money that not for

18:49

his campaign that he could put in his

18:50

pocket through the spack okay now the

18:53

last thing on the spack the company the

18:56

Trump media play yeah I was one and

19:00

Jordan you solved that for me because I

19:01

was like look there's only one problem

19:03

with this stock which is why would

19:07

anybody that's an investor put up money

19:10

up front no like they already have a a

19:14

category for this type of stock you know

19:17

what it's called it's the greater fool

19:19

Theory like that's why Banks you know to

19:22

answer tra's question and why would

19:23

Banks value at this money well they're

19:26

using the greater fool theory that it's

19:27

going to get really really overinflated

19:29

in the beginning because people are

19:31

going to buy thinking they are greater

19:33

fools than me and they'll buy it at an

19:35

even higher price and then I'll dump

19:38

right but the whole thing is predicated

19:40

on everyone dumping the stock and the

19:42

only person who loses in that scenario

19:45

is that shareholder but if that

19:47

shareholder that put the original

19:49

investment in is Jeff Yas and what he's

19:52

getting in return is not shutting down

19:55

Tik Tock and he has a ton more money and

19:59

Tik Tock now it all makes sense so Yas

20:02

will probably lose money on this Trump

20:04

will come out you know even he won't

20:06

probably won't make money uh and but he

20:09

didn't put any money in but everyone who

20:11

buys the stock my guess and it's an

20:13

educated guess is that almost everyone

20:16

who buys a stock will lose and that's

20:18

how this will play out thanks for

20:19

watching The Young Turks really

20:21

appreciate it another way to show

20:22

support is through YouTube memberships

20:24

you'll get to interact with us more

20:26

there's live chat emojis badges is you

20:29

got emojis of me Anna John Jr so those

20:33

are super fun but you also get playback

20:36

of our exclusive member only shows and

20:39

specials right after they air so all of

20:41

that all you got to do is click that

20:43

join button right underneath the video

20:45

thank you