Political Beatdown with Michael Cohen and Ben Meiselas
Trump FREAKS as Campaign CRASHES HARD
Sep 20, 2024
Michael Cohen, a former attorney for Donald Trump turned critic, and attorney Ben Meiselas delve into the chaos surrounding Trump’s campaign. They discuss the pressure on North Carolina's GOP nominee, Mark Robinson, amid damaging media reports and explore Trump's media and financial troubles. The duo tackles the misinformation landscape, particularly concerning Trump's endorsements and false claims. Personal updates add a light touch, but the gravity of political hypocrisy and community engagement remains at the forefront of their conversation.
01:03:24
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Quick takeaways
- Trump Media's substantial stock decline highlights serious management and financial transparency issues, contrasting sharply with successful companies.
- The podcast underscores the ethical implications of Trump's controversial endorsements, reflecting a troubling hypocrisy within his political strategy.
Deep dives
Trump's Media Stock Performance
Trump Media's stock performance has dramatically declined, with losses exceeding 300% since its peak, highlighting the poor financial health of the company. Despite the overall market hitting record highs and a bull market emerging, Trump Media stands out as one of the few stocks in a bear market, signaling significant investor concerns. Discussion suggests that the company has not delivered on its promised financial trajectory, as it has not achieved adequate revenue to offset expenses, resulting in substantial yearly losses. The analysis also references the SEC's fines against Trump Media, indicating potential regulatory violations and further diminishing trust in the company's operations.
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