Donald Trump Red Line Failing Despite Urgency To Keep Finances Opaque | Rachel Maddow | MSNBC
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- Опубликовано: 6 май 2019
- Rachel Maddow shares details from a new blockbuster report from the New York Times about what Donald Trump's taxes show about the bleak state of his business affairs from the mid-1980s to the mid-1990s, and notes that Trump's best efforts to keep his finances secret are not likely to block every possible avenue of their release.
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Donald Trump Red Line Failing Despite Urgency To Keep Finances Opaque | Rachel Maddow | MSNBC
So he runs the IRS the AG and the majority of judges in the Supreme Court. The question should be how to fix your government from letting any president have so much power.
Absolutely! As a democrat, I don't want the next democratic potus to have this much power! Everyone has to be answerable to the law!!!
The more shocking point is that there is no way to initiate a proceeding against Congressional misconduct. Republican congressman and women passed a vote to allow the placement of a man who was the former Trump tax lawyer to be in charge of IRS tax counsel. That is blatantly acting in the interest of Trump and not the interest of the United States. That is definitely misconduct.
@@semi6544 wish I could like this a million times. It's the GOP led Congress here who is at fault for allowing this foul corruption to continue... and then it's OUR fault (as voting citizens) for not pressuring them more (sigh).
@Steve Withers I agree. And Congress should have term limits.
Agreed. We cannot allow this to happen again.
Impeach this fool asap!
While I know Trump needs to be ousted from office, there's no way the Leader in the Senate is going to let Trump be convicted if Trump is impeached in the House. The only sure way to eliminate the treat Trump represents as POTUS is to let him feel the sting of utter defeat at the polls in 2020.
@@johnswof Unless we have a breach in voting booths that boost his votes and promised millions to the electoral college for his win. To make sure this stops, really stops, he needs to be impeached. All rights for him to run for a second term needs to be removed.
Jsmith155 I wish we would see that, but I don’t think it is going to happen with the Senate the way it is today.
PLEASE!!!!
John Swofford : Disagree. Impeachment proceedings, “should,” put everything into the public domain. Everything that matters, that is. The Tax Returns, the full Mueller Report, and testimonies from the the whole family and all the other players; good bad and ugly. For a senator to find Trump, “innocent,” of, “high crimes AND misdemeanours,” in the face of compelling, irrefutable PROOF of Trump’s greed, idiocy, criminality and utter treachery and stupidity, would be to put their own neck into the noose; if not with their voters, there’s still Obstruction of Justice? There HAS TO BE a tipping point? Or, America is a dictatorship. He’s not kidding about suspending the 2020 elections, you know . . .
🤣🤣🤣🤣🤣THE FRAUUUUUUUUUUUUUD of it all ...WE KNEW IT ... GREETINGS FROM EUROPE ...
lilli lilli News flash, you are not the first to know and frankly its not that tough to understand. Its apparently tougher for a lot of people to recognize, not everyone. Your perspective is appreciated.
@@stevesanzari7294 Don't kid yourself
He is not a successful businessman. He is a successful crook!!
Trump could fu*kup a soup sandwich.
@@urbannpa .
the successful crooks are never known. Trump was not smart enough to quit while ahead so now everyone knows how corrupt he has always been
@@randallanderson3559 : That is the problem. He was never ahead. He lives beyond his means and makes business deals that keep him either leveled or under water but he is never ahead.
He is not even a successful crook he has been caught at it ...look at the facts=TREASON!!!!!!
His entire life is built on lies. Time for the tide to come in.
Good metaphore for the country he's the president of, don't you think?
Time to flush the toilet is more like it
successful by loosing $250 million per year?! wow. I need to go back to business school because I missed something about how to be successful.
You can go to Trump University! lol.
@Frank Winkhorst or read the lates edition of "Grifting for Dummies"
Trump could be one of the worst businessman in the world....not a big surprise..
Could be is being kind to him
A con man fraud....Lord let this house of cards come tumbling down !! asap
Sorry o disappoint ! Poco !
Looks like a Rico. Smells like a Rico. My bet is, it is a Rico.
gb nq Smells like a Rico
SDNY can smell it.
No Doubt it will be RICO! There will be a family that will mess there pants!
@@lburton1892 THIS IS EXACTLY WHAT THE FEDS MUST GET AFTER!!!
Oh absolutely
Could that high level of interest income be the first result of money laundering?
Brighton Babe
That seems likely, doesn’t it?
Maybe he was parking cartel/mafia/oligarch money in his accounts for a cut or favour?
@GamingTV Casino and real estate, perfect entities for money laundering.
Cocaine
Yes, possibly. It might even be a voluntary submission to pay tax on a "substantial interest amount" to give the impression that there is a large sum which may or may not exist. Would confirmation of the payment of tax on interest of say 20% on a fictitious $50M - an outlay of $10M to the IRS, be enough to convince the banks that he had upwards of $500M stashed away, let's say in an overseas account when there might have been nothing. It's not the type of story that the banks willingly publicise - perhaps resulting in him moving to the next un-witting lender until he'd taken them all for large amounts. Yes, of course you'd think there'd be some co-operation between them - but it was mainly in the eighties. When that particular well runs dry where do you go after that ? - seriously, where do you go after that ?
Unfortunately, a lot of people are working hard to help the president achieve his 7th and final bankrupcies, which will be USA.
HE'A LOW-LIFE THIEF AND. SCOUNDREL!HE NEEDS A SOURCE TO PAY HIS BILLIONS HE OWES BACK!AND THE 391,000,000!UKRAIN'S. (HELP)CASH THEY NEVER RECIEVED!!AND THE(WALL MONEY)HE NEVER SPENT!AND THE MONEY HE GOT FROM THE TRIPS. TO HIS HOTELS
&PROPERTIES WITH MILITARY AND PARTY BUDDIES!
Good ole Donald J. "Smoke and Mirrors" Trump. Classic.
Yeah he learned it from the DemoRats !
I love Rachel. Thank you.
Yes! Your reports are just the absolutely the very best!!!
No way we get to 2020 without seeing those taxes
Hoping you are right.
Yu Toob exactly
No way this guy gets elected President in 2016! He'll never be President! Now, Rachel is working overtime on getting him REELECTED!!!
slamador This world is upside down. Thanks to the clown
No way he becomes President either right?!
Thing is he could have continued his charade if he hadn't become president. Now his "brand" is forever damaged.
That is exactly correct. I've been thinking the same thought. Also, one of the things he made clear on the campaign trail was that he wouldn't accept a payroll as president. Maybe, he thought if he was not accepting the presidential payroll that his business deals would escape any inquiry into his businesses and earnings......hmmmm verrrry interestink!
@Paper St Cassowary The story that his friend and attorney, Cohen, tells is that he(Cohen) suggested, over drinks, that he should run for president. DJT took the dare as a lark. He never believed it would actually happen.
He's got a taste for Perrier Jouet champagne with a Night Train budget.
All his gold is fake.
I don’t wan to know about Your Lifestyle !
EXCESSIVE GOLD....
SHANTY taste of gold... shows NO CLASS!!!
I have champagne tastes with a lemonade income.
Rachel ♥♥♥♥♥♥♥♥♥ You and your colleagues do such a great job plus you ROCK ...
Steve "Minutia" should be in prison along with Michael Cohen.
David J along with Trump
Give it time .
Do you mean Steve "Lord Lockjaw" Munchkin?
would pay to punch him in the face!
David J yea munchcan is a crook too!
The man fiercely blocked his grades from becoming public knowledge he doesn't need the USA knowing he sucks at math😂😂😂
Spelling and reading proficiency included!
CORRECT YOU ARE!!
@@Cyberlog1
A big DUH for Donnie
@Wheatie Sweetie
He never legally graduated ANYWHERE!!!
He probably graduated from "Trump" university. He "awards" himself with awards, He pays $50 per person to show up at his rallys, He hides his tax returns because he doesn't want the truth to be known. His Dad wasn't born in Germany, he was born in the U.S., Trump "claims" he had "bone spurs" in order to dodge the military, shall I continue?
Enough is enough, if the ANY American were to try and do 1/4 of what this POTUS has done, they would probably be looking at 60 years to LIFE. WOW !!!! Some democracy, eh?
Didn’t Al Capone go down for tax evasion?
One can only hope.
When you don't have work for what you have, you have no respect for the process or those who do. You most certainly don't cherish it when you get it. He's a fraud and a windbag.
If I were a president I would certainly install people whom I could trust. Way back in 1923 three armed friends tried , by a coup , to topple the Bavarian government but failed and one of them was badly wounded. Ten years later 1933 one of them , an eloquent yet not always trustworthy speaker , was democratically elected chancellor of entire Germany. He then installed his two friends respectively as minister of culture and propaganda , Joseph Goebbels and the wounded companion as minister of defense: Hermann Goering.
We saw what he was doing putting key players in position to protect him
Exactly! Remember how upset he was when Jeff sessions requised himself? Everyone he nominated was put in place to protect him. Good luck America. Trump will not leave office willing. He will make sure to cause destruction before he does. Russia wanted him in office the made sure he got in and the plan is to keep him there.
He doesn't do it alone. Keep your eyes on Mitch McConnell. He's walking in lock-step with every act of lawlessness that Trump engages in. They're going for broke.
@@carribgirl007 ,
RECUSE not requised
Oh no, Octavio. A typical crooked US politician doing what typical crooked US politicians have always done? What a shock!
Doesn’t seem to matter.
Don't worry about crossing Trump's red line. It's made of ketchup.
Obama's red line was drawn in the sand. Dieting a sand storm. Do you remeber that?
Can any.... ANY of you trump suckups write ONE pro-Trump sentence without errors? I'm really starting to believe they're intentionally planted to alert other Russian bots that you also, are a Russian bot🤦🏻♂️
He’s a fraud and a failure, he’s tried to hide it so desperately there had to be something bad in those returns 😂
TRUMP
is NOT very rich!
He is very poor financially....
That is the whole truth
and
nothing but the truth.
So help me God!
Thats why he hides his Tax returns.
The New York Times found all the truth of Donald being poorer than a Church Mouse. Read their findings!!
He chooses to be poor and rich when it suits him. This is all a scam too evade taxes
Yep, that is exactly what con men and frauds do. That there is now one in the WH is embarrassing, disgraceful, and shows just how gullible enough people are in this country to fall for such criminal. Of course, Putin gave him a huge boost through a scandalous propaganda campaign artfully aimed directly at those gullible idiots who still can't admit how duped and conned they have been.
@John Steffes what? The fact that he does it or the fact that M K articulated it? Cohen testified to it under oath to Congress and he produced receipts. Why do you think Trump won't let Congress have his tax returns? He doesn't want what they already know confirmed via federal records. As long as it's not confirmed he is going to continue to try to BS the American people.
@John Steffes honey, I saw Cohen's testimony to Congress! Rachel brings documents to verify what she says. Trump is a liar and very soon we are all going to see how big a liar he is - apart from the 10k+ lies since he took office that we already know about. Don't feel sorry for me. Feel sorry for yourself for still being willing to be suckered.
@John Steffes keep laughing. We'll see where we are just before the 2020 election. Democrats and former Republicans will come out en masse, unlike in 2016. Edit: not even the Electoral College will help Trump next time. Not now that we know they are bought and paid for. And certainly not now that we know how big a liar and criminal he is (because there is the whole stealing from his charity mess...).
But hey, do you.
M K ..... Thus Named ...... Don The Con
reps have gone so far in protecting individual 1 that they cannot admit that they are wrong.
@Mr Gribbs you seem not to grasp the situation: if individual 1 is innocent, the rep party and individual 1 would not stall and block. They would say:"Hey! There is nothing to see here. Here you go have a close look at everything."
Go NY Times! Keep digging! We need more of this.
Forget the money...he is morally bankrupt. No soul.
AMEN!!!!
The US system is not suitable when a president gets to hand pick key appointments. He should have nothing to do with such appointments. Other major democracies do not allow such self interest. Trump has shown how much we rely on people behaving properly rather than the system hold that person in check
Hey dad you think I can get another one of those $400 million loans again?
What about the collusion with indictments we were promised for 3 years.
Hey world, can the US get another trillion of loans, to add to the other 22 trillion of debt? Gotta keep appearances of being "the richest country", you know
Loan, that was a gift....
If he lost money every year how did he profit? Smells like money laundering and offshore bank.
foamfingermaker ....Russian Oligarchs and Deutsche bank....under investigation for money laundering and the only bank that loans him money now.
The bottom line is he is a “BIG JOKE”!
" doomed to fail".., the POTUS
The Emperor has no clothes.
But lots of debt.
@@mypillowguy445 Very funny....Ahhhh if debt was cloth.
Ok, now Congress NEEDS to see his FULL taxes. Anyone trying to prevent this should be held in contempt and acting AGAINST the interest of America
that little chuckle in the background was good to hear other people!
7:30
Rico the Cheeto. Orange Man going down hard.
DJT is the self proclaimed king of debt. I'm glad I'm not one of his creditors. OMG, I guess I am - I forgot about the nation debt & the recent budget deficits.
Rachel, you are the best
How does this not fall into the "conflict of interest" category ????!!!!
this is the guy making decisions on tariffs etc with other countries? You are taking a lot of risk having such a dunce in charge of americas finances.
Don't forget the total lack of any credible third party (nonfamilial) ever coming forward to publicly defend Trump's so-called 'business successes'.
So, he lost 46 million in the 1985, and his losses were due to the financial situation in the 90s. Dementia Don has the best logic.
You're right with one caveat - there's currently an imbecilic swath of the country that think he's a business genius...
@@civil_villain Good point. I should have preceded 'third party' with 'credible'. I'm gonna edit that now.
@@esmenouvelle9439 He sure does. No doubt he'll sprinkle some of that fairy dust onto the $3 billion unrecoverable loss for his, now forgotten by many, record breaking shutdown.
@@nemesis4785 Here's to hoping that the internet and the candidates keep reminding people of that shutdown.
Why are these candidates not reminding people of all of trump's promises not kept and screwing the working classes?
Skip impeachment go straight to jail mr. monopoly, & tear up his get-out-of-jail-free card.😃 1 can dream lol
This will happen to Uncle Joe Biden ! and Soon !
"The more I see of the moneyed class, the more I understand the guillotine." - Shaw
And his base still will not care!
I want Trump to succeed. He deserves to succeed at being the first President to serve prison time.
I probably won't get what I want, but I can't be the only one who wants that...
If I were a president I would certainly install people whom I could trust. Way back in 1923 three armed friends tried , by a coup , to topple the Bavarian government but failed and one of them was badly wounded. Ten years later 1933 one of them , an eloquent yet not always trustworthy speaker , was democratically elected chancellor of entire Germany. He then installed his two friends respectively as minister of culture and propaganda , Joseph Goebbels and the wounded companion as minister of defense: Hermann Goering.
@Steve WithersWithers one problem with that. If he is charged by NY State for crimes No president can pardon him.
Don The Con... Don The Dodger... Both, Draft & Taxes... Draft Join Taxes (DJT)
And still Fred had to bail him out after losing his casinos and other properties.
But he still is and will again be President !
We knew this in 2016 ..... people where not paying attention ........ nor focusing on what was important
They didn't care, it was all about winning and sticking it to the libs.
Hahahaha. LMAO. Maybe Russian oligarchs mob-money won' be enough, perhaps he should also try for a handout from the super-rich middle-east oil producing kingdoms, princedoms and sheikdoms and if that fails, he could become President of the USA and redirect the people's money into his own pocketbook.
He already did with the Saudis and refused to acknowledge their part in Kashoggi murder.
robert gilleland, right on! That has already happened probably.
Why are you hating on Russian oligarch's mob-money and Saudi blood-money? Do you have any better idea for paying back the 22 trillion of US debt? Asking for some global banking friends.
He already did. Who owns mar a lago? How many times has he gone. So he gets free trips andd gets paid for it too.
tRUMP and his son and son-in-law already got 1.5 billion bailout for his troubled condo in NYC that they were going to lose. Surely this should be investigated also!
Putin to Trump: Do my bidding and I'll take care of your debt.
HEROIC WARREN - her energy, talent, brilliant articulation of all issues - Thank you, Warren!!!! rump kinda pales in comparison
$53 million in interest?!? Give me a break.
Russian or Mob "interest".
To put a billion dollars over ten years in perspective: it is a loss of more than three US households yearly mean incomes _a day_ for a decade.
Don't fret. It's just tax fraud, he didn't make a loss, just cooked the books to show loss to avoid paying taxes. Gates, Zuckerberg, Bezos do it too and I don't see you complaining.
@@adamrest7428
Taxfraud is as bad as robbery. The methods are less drastic, but the loss is far bigger.
Stealing from society is _never_ ok.
We are gearing up to fix it here in Europe.
You might be right that Trump "just" lied and robbed the Americans, but if not the money had to come from somewhere.
And that kind of money have strings attached.
Are you really fine with not knowing if your country is run by foreign oligarchs or governments?
In other words: is it enough to _hope_ your president just is a ordinary criminal when he act like a traitor?
@Darth Wheezius
We agree :-)
That's what I tried to imply, but maybe I should have been more clear.
This is a brilliant report eloquently conveyed in the manner of a raised-finger hand gesture! and I loved every minute of it. I've just watched it again!
He’s so desperate to save his own hide that we’ll be at war, as a distraction, in no time.
George Dunn looks like Iran. Wow, that was quick, huh?!
Waiting for a little boy at one of those staged Trump press events where he is surrounded by supporters to shout: "The president has no money!"
Nah, his supporters won't get the Emperor thing. They'll just pound the little boy senseless.
Keith Anthony : Made me lol. You’re probably right. The boy would be, “disappeared,” by ICE, after his beating, and end up Mitch McCONall’s house slave . . .
@@ashroskell Yeah, on less than minimum wage.
Keith Anthony : Or, minus figure wages, based on the Donald Trump model of accounting 😉
emperor and his clothes....lol that's a nice one
It is not a question that he shouldn't release his tax returns, DT feels that he can't. The question is, why not?
@Steve Withers Who is going to enforce it and how? So far the only thing we have seen is complete and total ineptness. Trump administration is laughing right into House Democrats faces. Another meaningless 100th deadline? You can't shame the shameless.
Frivolous Lawsuits. Yes, we're familiar with them.
We call Mitch McConnell “Moscow Mitch”
I'd be shocked, if it wasn't for my absolute lack of surprise at the revelation.
Well he obviously has had cash to play with, so where did his cash come from come from?
Big money donors with their own agenda. Follow the money. Cheers from Michael. Australia.
Dirty Russian laundry money,not paying taxes, stealing money from United States of America....and every thing illigal his dad was Mafia he came from Mafia organization, remember he said his dad was born in Germany,his dad born in New York Mafia organization crime etc... that's how he been getting money born dirty Mafia organization family....f... People over ,he's had others to do killings in threatening their families and etc he is a crime monster..and he became president,to betrayed us USA, working for our emnmmies , Traditor And he was always that ,thinks he can do what he wants to do,no laws apply to him, he has betrayed All Americans even his supporters /that believes his (lies ) Proganda,a lot of his supporters are crimmals...too !!!! More then half of Americans,are not for Trump ... We have to Protest Protest Protest Protest for Democracy, Against Trump Organization,and Republicans who have been in contempt of their oath, encourage his supporters to believe Trump ,they have committed treasion too... Mitch McConnell Lindsey Graham. Collins Barr and dirty Traditors lawers are in Comtemp, put them in Jail...we the people by the people Protest Protest Protest Protest Protest Protest Protest Protest Protest Protest Against Trump etc Let's take it to White House, we r stronger together,Let's Protest Protest Protest Protest Protest
THE trump appointed IRS have to be FIRED.
9:00 My question is... did he *really* lose $1 billion dollars over that period or did he *fraudulently claim* to lose that much money to avoid paying taxes.
At least this feel more like the "long duh" we should be at by now
Trump is not a billionaire.
Debt billionaire doesn't count? ;)
"1989...oooh bad year"
lolol
This is so sad, in my 66 years I have never seen so much corruption
Tax Fraud is why Al Capone went to prison.
We all know he INFLATED his losses to avoid paying taxes. Period. Which 8s why he was adamant in passing his own 5ax cuts.
It doesn't make this any better. It makes it worse.
nope he is still making losses his tremendous scottish golf course makes millions of pounds in loss and have since opening
I'm looking at this in late August 2020... It's blows me away that this level of corruption and self-dealing hasn't stopped! Just a little over 60 more days until November 3rd!!!!
This is so sickening.... I'm tired of it all.
Forgot to include Atlantic City casino loss
individual 1 is the posterboy example for how we react and act upon shallow informations. we urgently need to use our brains before we act, react or in this case: vote.
His House of Cards is collapsing even with all his antics!
That old quip “ Q; how do you make a small fortune? A: start with a large one, still holds true!
"Information is the lifeblood of a democracy. Without adequate access to key information about government policies and programs, citizens and parliamentarians cannot make informed decisions, and incompetent or corrupt governance can be hidden under a cloak of secrecy."
Stephen Harper Montreal Gazette 2005
Lol Stephen Harper. He spoke sense then, too bad his governance didn't reflect that.
You. Rock.
Thank you for your ability to bring us along on the journey into the deep dives necessary to understand where we are in our shared reality... The narrative you so skillfully provide helps us see the big picture-and my weary brain follows even the smallest of details , because I know those crumbs will fall into place eventually. I adore the historic context you bring to stories; it keeps me coming back for more.
So... thank you. You are my go-to source for facts and clear, full understanding.
I love Rachel's reporting style, very engaging and digestible for me.
Love the laughter in the background, like at 7:28 :-D
Anybody figure out how much of that lost money belonged to somebody else?
Let’s see how many of these fools are willing to join Michael Cohen to protect someone else’s self interest 🤷♂️
Al Capone will laughing in his grave.
Mnuchin et al getting charged w/contempt and arrested would be like Xmas...
You mean the Emperor, the conman Trump
has no clothes? Lol! He’s going to go down like Al Capone did for financial crimes, tax evasion.
They always do. They don't go down for the major crime but the one crime they can pin on them and nail them to the wall for that crime. Trump could spend the rest of his life in jail when he gets out of office. I think he will pin it all on his sons and daughter at that time. He looks like a man who would do that.
he will respond by starting a war
Iran
He doesn't have to. First, the repubs and his base don't care and that's all he cares about. Second, Bolton and Pompeo are going to do that no matter what else is going on.
That's just finagling the tax return to get a big refund
Lol it’s not about a refund...it’s about limiting your tax liability...rich people don’t get refunds lol
@ lol
Donald Trump is worse than Al Capone Al Capone with the prison for tax evasion
Moral of the story, if you are crook don't go for public office. You won't survive the scrutiny.
I said the same ✔ let's keep it real
looks like he has some serious cash stashed in some financial trust or other financial vehicle. Which allows him to avoid paying taxes. Which means he is most likely still using that vehicle to avoid taxes. That would explain his desperation to hide his tax returns.
Moscow Mitch is in there knee-deep Don't forget that ever
I've dubbed him SOS - "Snake Oil Salesman" in chief
SOB IS MORE LIKE IT!
How can his base STILL be in denial.😓🙁🙁😓😓🙁
Don’t be daft. Accounting 101: declare as many “losses” as possible so to avoid paying taxes.
We need to eat the rich?
AT least in prison he can get the help he needs. This guy is a super villain like the ones in marvel comics.
so when he said that his dad gave him "a small loan" of 1 mil ...... he was lying!! I wounder if he was ever truthful....
Everything is being fact-checked these days by the army of digital warriors. Be careful.
Can you lone me a coin for the money laundry. I got washing to do. Then Washington to do.
Nicely done!
Rachel Maddow is brilliant!
I love Rachel’s program and her opinions. She is awesome. So thought provoking! Thank you