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Thu May 17, 2018, 10:17 AM

Relevant lies: Cohen didn't need to mortgage his home, nor did he need Trump to reimburse him

If all had gone according to plan, there would have been no direct financial ties to Trump or his campaign from paying off Stormy with hush money. Trump was never expected to "reimburse" Cohen for the $130,000 "he" paid Stormy. If Trump never "reimbursed" Cohen, he never would have had to include that payment in his financial disclosures, avoiding the hot water that disclosure plunged him into. So clearly that was never a part of the plan. Just as clearly Cohen was never going to use a second mortgage on his home to pay off a porn star so a billionaire didn't have to. IF Cohen took out that loan at all, it was part of the grand cover up. The timing in telling.

Cohen set up a shell corporation and the first thing it did was pay out money for a non disclosure agreement with a woman Trump "cheated with". And so for all practical appearances to the world, should it ever come to light, that seemed to be the purpose of that shell corporation, small potatoes involving personal digressions. Maybe Cohen did take out a second mortgage and used that money to pay off Stormy - for a week or so before the real money started flowing in. If the hush money payment ever came to light Cohen would have a paper trail to back up the cover up, a loan agreement from some bank.

If a concerned "law-enforcement official" with personal integrity had not leaked the SAR that highlighted all the suspicious "influence peddling" (it could be much worse than that) that Cohen engaged in through that very same shell corporation after using it to pay off Stormy, the story might have stayed frozen with a lame, bogus but difficult to disprove falsehood. Namely, A) the shell corporation was only intended for funneling NDA payoffs, B) Cohen fronted the money for Stormy's payoff through refinancing his home expecting to be reimbursed from Trump and C) that Michael Cohen so loves Donald Trump that all he did was let leak his "disappointment" that Trump never paid him back for mortgaging his home.

This is all classic Trump. It has always been his priority to profit off of everything he touches, and never spend a personal dime if he can somehow avoid it. He pays for his own privileges with other people's money. When Trump ran his own "charity" he took all the credit for anything it donated to while getting other people, firms etc. to donate all the money that it gave away, often at events held at his own properties which he collected rent from. When Trump ran for President, after boasting about his ability to "self fund", his major contribution to his campaign was the use of his own properties for office space and events - which got billed to the RNC and to the donors to his campaign. Do you think Donald Trump would spend his own money to silence women he fucked (both literally and figuratively) when he could tap other peoples money instead?

I have no doubt that Michael Cohen's personal "loan" was repaid many times over from money received through the same corporate shell that was used to pay off Stormy Daniels. I also have no doubt that Donald Trump personally profited from the millions that subsequently poured into it. Trump knows some of the best money launderers in the business. Money laundering can almost always be uncovered IF someone with the right tools goes digging for it. You know, tools like subpoenas. Until then though it usually remains safely hidden below the surface, buried along with his tax returns. And that is exactly where Trump (and Cohen) expected all of this to stay; before he encountered the full powers of a vastly competent Office of Special Prosecutor.

Maybe if Trump wasn't so cheap as to give Stormy only a paltry $130,000 (along with personal intimidation) to stay quiet, he could have side stepped much more serious matters from ever coming to light. Or maybe were Trump a little less vain and narcissistic, he could have quietly released Stormy from her NDA, suffered a few far less embarrassing hits than his pussy grabbing tape already brought him, and thus skated past the fast brewing storm that increasingly now engulfs him. But that would be behavior out of character for a man who boasts he could get away with shooting someone on Fifth Avenue.

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Reply Relevant lies: Cohen didn't need to mortgage his home, nor did he need Trump to reimburse him (Original post)
Tom Rinaldo May 2018 OP
PJMcK May 2018 #1
Tom Rinaldo May 2018 #3
Bernardo de La Paz May 2018 #5
malaise May 2018 #2
GusBob May 2018 #4
Bernardo de La Paz May 2018 #6
N_E_1 for Tennis May 2018 #7
grantcart May 2018 #8
Tom Rinaldo May 2018 #9

Response to Tom Rinaldo (Original post)

Thu May 17, 2018, 10:26 AM

1. K and R for a good post

That's a thoughtful analysis, Tom. It's well-written and informed. I agree that Trump and Cohen were so stupid to think that they were smart and that they could use the LLC as their ATM. Trump can't help but step on his own dick time and again.

I have a minor quibble because I made them same mistake and a DUer called me on it. Trump said Fifth Avenue (where Trump Tower is located) not Times Square. Here's the quote:

"You know what else they say about my people? The polls, they say I have the most loyal people. Did you ever see that? Where I could stand in the middle of Fifth Avenue and shoot somebody and I wouldnít lose any voters, okay? Itís like incredible," Trump said.

Thanks for an excellent post.

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Response to PJMcK (Reply #1)

Thu May 17, 2018, 10:35 AM

3. Thanks for comment AND for the correction

No reason not to be accurate when possible. Probably about as many people think Trump said "Times Square" as those who remember it right. Funny how the mind works.

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Response to Tom Rinaldo (Reply #3)

Thu May 17, 2018, 12:23 PM

5. He didn't shoot, but tRump HAS killed a man on Fifth Ave, by fighting against sprinklers in Tower.nt

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Response to Tom Rinaldo (Original post)

Thu May 17, 2018, 10:29 AM

2. Get thee to the greatest page - MUST READ


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Response to Tom Rinaldo (Original post)

Thu May 17, 2018, 10:59 AM

4. Great post here, wise one. And may I add

With respects to being paid back: it has been shown that Cohen opened some Smith-Barney accounts with the slush money, paid some bills, and cut himself huge checks from the shell company.

It has also been shown that he lied to the bank about the purpose of the shell company.

Yeah, the second mortgage thing was such a flimsy dodge.

This guy is going to jail. He better start singing

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Response to Tom Rinaldo (Original post)

Thu May 17, 2018, 12:38 PM

6. Trump TOLD us to Follow The Money, in his NYTimes interview July 2017

Trump as good as directs everyone to look at his finances by saying it is a red line to cross and there is nothing to see there.

He lies when he says he doesn't get any income from Russia, thinking he can say that because nothing is directly from the Russian government. But he certainly has a lot of connections to Russians and he is accused of laundering their money and Russia funneled a lot of money into the Republican campaigns, including as much as $30 million laundered through the NRA.

And there is Rosneft.

If tRump had any wisdom we might think he was like Br'er Rabbit "don't throw me in the briar patch", but he doesn't and we don't believe he is that smart.

SCHMIDT: Last thing, if Mueller was looking at your finances and your family finances, unrelated to Russia ó is that a red line?

HABERMAN: Would that be a breach of what his actual charge is?

TRUMP: I would say yeah. I would say yes. By the way, I would say, I donít ó I donít ó I mean, itís possible thereís a condo or something, so, you know, I sell a lot of condo units, and somebody from Russia buys a condo, who knows? I donít make money from Russia. In fact, I put out a letter saying that I donít make ó from one of the most highly respected law firms, accounting firms. I donít have buildings in Russia. They said I own buildings in Russia. I donít. They said I made money from Russia. I donít. Itís not my thing. I donít, I donít do that. Over the years, Iíve looked at maybe doing a deal in Russia, but I never did one. Other than I held the Miss Universe pageant there eight, nine years [crosstalk].

SCHMIDT: But if he was outside that lane, would that mean heíd have to go?


HABERMAN: Would you consideróó

TRUMP: No, I think thatís a violation. Look, this is about Russia. So I think if he wants to go, my finances are extremely good, my company is an unbelievably successful company. And actually, when I do my filings, peoples say, ďMan.Ē People have no idea how successful this is. Itís a great company. But I donít even think about the company anymore. I think about this. íCause one thing, when you do this, companies seem very trivial. O.K.? I really mean that. They seem very trivial. But I have no income from Russia. I donít do business with Russia. The gentleman that you mentioned, with his son, two nice people. But basically, they brought the Miss Universe pageant to Russia to open up, you know, one of their jobs. Perhaps the convention center where it was held. It was a nice evening, and I left. I left, you know, I left Moscow. It wasnít Moscow, it was outside of Moscow.

Transcript: https://www.nytimes.com/2017/07/19/us/politics/trump-interview-transcript.html

Trump lies that he was in Russia briefly and didn't stay overnight. He may have left in the wee hours of the morning after the pageant but there was still time for the pee party in Obama's room and I think he was in Russia the night before as well.

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Response to Tom Rinaldo (Original post)

Thu May 17, 2018, 12:41 PM

7. K&R

Thank you for a very informative insight.

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Response to Tom Rinaldo (Original post)

Thu May 17, 2018, 01:23 PM

8. Exactly

Now the really funny part of all of this is that when they gamed this out they had Cohen saying I paid it out of my personal funds and thought that would be the end of it.

Instead it was so idiotic it out the fuse of scepticism.

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Response to grantcart (Reply #8)

Thu May 17, 2018, 02:59 PM

9. Yup. In the same time frame they were feeding Michael loves Donald puff pieces to the media

An explosion of stories featuring Cohen's undying love of Trump. How he feels almost a part of the Trump family. How he would take a bullet for the Donald. How his entire self identity revolves around serving Trump to the point where he would be lost without that. How he would do anything for Trump, to the point where folks were supposed to believe that Cohen would even mortgage his own home, unasked, to protect his beloved Donald.

Maybe they thought Trump's base would buy that, but not what's remaining of the free press and certainly not prosecutors. AS you say, instead it just functioned as a "Search Here" sign.

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