Latest / Earn Your Leisure / The New Teflon Don: 34 Felonies but No Jail Time?

Transcript

The New Teflon Don: 34 Felonies but No Jail Time? · Earn Your Leisure

• 0:01
  Speaker 1: This episode is brought to you by P and C Bank.
• 0:04
  Speaker 1: A lot of people think podcasts about work are boring,
• 0:07
  Speaker 1: and sure they definitely can be, but understanding a professionals
• 0:10
  Speaker 1: routine shows us how they achieve their success little by little,
• 0:14
  Speaker 1: day after day. It's like banking with P and C Bank.
• 0:18
  Speaker 1: It might seem boring to safe plan and make calculated
• 0:21
  Speaker 1: decisions with your bank, but keeping your money boring is
• 0:24
  Speaker 1: what helps you live or more happily fulfilled life. P
• 0:28
  Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
• 0:32
  Speaker 1: Boring since eighteen sixty five is a service mark of
• 0:35
  Speaker 1: the PNC Financial Service Group, Inc. P and C Bank
• 0:39
  Speaker 1: National Association Member FDIC.
• 0:44
  Speaker 2: Erness What's Up?
• 0:45
  Speaker 1: You ever walk into a small business and everything just
• 0:47
  Speaker 1: works like the checkout is fast, the receipts are digital,
• 0:51
  Speaker 1: tipping is a breeze, and you're out the door before
• 0:54
  Speaker 1: the line even builds. Odds are they're using Square? We
• 0:58
  Speaker 1: love supporting business that run on Square because it just
• 1:01
  Speaker 1: feels seamless. Whether it's a local coffee shop, a vendor
• 1:04
  Speaker 1: at a pop up market, or even one of our
• 1:07
  Speaker 1: merch partners. Square makes it easy for them to take payments,
• 1:11
  Speaker 1: manage inventory, and run their business with confidence, all from
• 1:14
  Speaker 1: one simple system. If you're a business owner or even
• 1:18
  Speaker 1: just thinking about launching something soon, Square is hands down
• 1:21
  Speaker 1: one of the best tools out there to help you start,
• 1:24
  Speaker 1: run and grow. It's not just about payments, it's about
• 1:28
  Speaker 1: giving you time back so you can focus on what
• 1:30
  Speaker 1: matters most ready. To see how Square can transform your business,
• 1:34
  Speaker 1: visit Square dot com backslash go backslash eyl to learn more.
• 1:39
  Speaker 1: That's Square dot com backslash, go backslash eyl. Don't wait,
• 1:44
  Speaker 1: don't hesitate. Let's Square handle the back end so you
• 1:47
  Speaker 1: can keep pushing your vision forward.
• 1:51
  Speaker 3: All right, so let's start with them the biggest topic
• 1:55
  Speaker 3: of last week. We're gonna get to the game stop situation. Gods,
• 1:58
  Speaker 3: just hold tight. But first, okay, Donald Trump was convicted
• 2:05
  Speaker 3: of thirty four counts of felony thirty four felony accounts
• 2:10
  Speaker 3: for falsifying business documents in regards to the payoff of
• 2:14
  Speaker 3: Stormy Daniels. So thirty four. He got hit with thirty
• 2:19
  Speaker 3: four felonies. And you know, as soon as he got
• 2:22
  Speaker 3: hit with the felonies, I started calling some of my
• 2:25
  Speaker 3: political friends and some of my legal friends, and I asked,
• 2:28
  Speaker 3: I'm like, yo, is he going to jail? And the
• 2:30
  Speaker 3: general consensus was like, no, he's not going to jail.
• 2:33
  Speaker 3: So we'll talk about this. But you know, I said
• 2:36
  Speaker 3: last week that I don't think anything can derail Donald Trump.
• 2:40
  Speaker 3: His supporters are going to support him no matter what.
• 2:43
  Speaker 3: And this just confirmed my suspicion because he got convicted
• 2:46
  Speaker 3: of thirty four felonies and within forty eight hours raised
• 2:49
  Speaker 3: ninety million dollars off of it.
• 2:50
  Speaker 4: I think got up to two hundred.
• 2:53
  Speaker 3: Yeah, two hundred million dollars off of it, right, and
• 2:56
  Speaker 3: Republicans have just confirmed their support. They said that this
• 2:59
  Speaker 3: is a whitch and it's only rallied his base. Even
• 3:03
  Speaker 3: more so, this is this has actually helped him. This
• 3:05
  Speaker 3: hasn't hurt him. In my opinion, this has not hurt him.
• 3:07
  Speaker 3: Anytime you raise two hundred million dollars, that's that's beneficial. So, okay,
• 3:13
  Speaker 3: that's one thing, the political side of it. But are
• 3:17
  Speaker 3: there any market im implement implications in regards to Trump
• 3:22
  Speaker 3: being convicted of thirty four felonies.
• 3:26
  Speaker 2: Nope.
• 3:27
  Speaker 5: I think that if they don't care about the thirty
• 3:29
  Speaker 5: four felonies, Vegas and the stock market is pricing a
• 3:34
  Speaker 5: winner already, and it's probably him, which like, imagine being
• 3:37
  Speaker 5: the sitting president and the person running against you gets
• 3:40
  Speaker 5: thirty four felonies more than vic me Chaz and he
• 3:43
  Speaker 5: still has a chance to win. If that won't knock
• 3:46
  Speaker 5: him out. I don't know what will. Kudos to all
• 3:50
  Speaker 5: of our political friends, but I hope no Vember goes
• 3:52
  Speaker 5: well for you. It does not look well. I think
• 3:55
  Speaker 5: the market is already pricing in that he will be
• 3:58
  Speaker 5: a victor. And honestly, a lot of people felt like
• 4:00
  Speaker 5: the economy did better, and that's because of all the
• 4:02
  Speaker 5: stimulation of the dollars of a printed But if people
• 4:08
  Speaker 5: feel like the market is going to do a lot better,
• 4:10
  Speaker 5: and there is a hard conservative base that our investors
• 4:13
  Speaker 5: that wont him in because they feel like they can
• 4:14
  Speaker 5: control him a lot more and get a lot of
• 4:16
  Speaker 5: their initiatives passed through, I think the market will be fine.
• 4:19
  Speaker 5: But this is why I keep saying it doesn't matter
• 4:21
  Speaker 5: regardless of what happens world War one two or three,
• 4:25
  Speaker 5: conflict with China, conflict with North Korea president, quantitative ease,
• 4:29
  Speaker 5: and the market is gonna be rid to stay up
• 4:31
  Speaker 5: if a company is under performer. They're going to replace
• 4:33
  Speaker 5: it with a better one. In video, Troy, we were
• 4:35
  Speaker 5: talking about this before we started airing. I've never seen
• 4:38
  Speaker 5: a c We're gonna get there, We're gonna get Okay,
• 4:42
  Speaker 5: we're seeing things that have never happen as life.
• 4:45
  Speaker 2: Yeah, this the.
• 4:46
  Speaker 5: Ryin Kiddy Trump with thirty four, Like thirty what they
• 4:49
  Speaker 5: wanted to kill Nixon over Watergate.
• 4:52
  Speaker 1: This is unprecedented times. I told you, I said it
• 4:55
  Speaker 1: last week. I mean, it's interesting. The only thing that
• 4:58
  Speaker 1: has effect on the market is uncertainty. And so I mean,
• 5:02
  Speaker 1: we'll see what happens in the presidential election. I don't
• 5:06
  Speaker 1: like I said the thirty four counts didn't change anything.
• 5:09
  Speaker 1: In my standpoint. It was like his support is going
• 5:12
  Speaker 1: to be his support. The polls that came out that said, oh,
• 5:15
  Speaker 1: six percent of people are going to change your mind.
• 5:17
  Speaker 2: It doesn't matter. November fifth won't matter, but it'll.
• 5:21
  Speaker 1: It's interesting like when we talk about economy, right and
• 5:24
  Speaker 1: we say, like what is best for the economy and
• 5:25
  Speaker 1: what has been great and this is part of the
• 5:28
  Speaker 1: message when we've said this to a lot of pundits
• 5:30
  Speaker 1: in the Democratic Party. If you're gonna hang your hat
• 5:33
  Speaker 1: on the economy being better, then you've got to really
• 5:36
  Speaker 1: use that as a selling point. Right, Like we're talking
• 5:38
  Speaker 1: about is the doubt the highest has ever been. Is
• 5:41
  Speaker 1: the nastacize everything. It's the SMP at the size of
• 5:43
  Speaker 1: now you don't really have much saying that, but it
• 5:46
  Speaker 1: could be a selling point for you. It's crypto at
• 5:48
  Speaker 1: the highest levels it's ever been. All these things should
• 5:52
  Speaker 1: be selling points, it's not. I don't think it has
• 5:54
  Speaker 1: any His conviction or his community service or whatever his
• 5:58
  Speaker 1: sentence or whatever the judge decides will have on the market.
• 6:04
  Speaker 1: In the short term. I think the uncertainty of what
• 6:06
  Speaker 1: happens around November fifth, whether he wins or out of
• 6:08
  Speaker 1: Biden stays in the office or not, then we might
• 6:11
  Speaker 1: see a little bit of shake up. But long term
• 6:14
  Speaker 1: I can't see it really affecting Democrats.
• 6:17
  Speaker 5: If you don't put that boy in jail by October,
• 6:19
  Speaker 5: it's over with you. Bet call Olivia, Pope and everybody.
• 6:23
  Speaker 5: You can't be six thirteen and listen, because if not,
• 6:26
  Speaker 5: it's going to be ugly.
• 6:27
  Speaker 2: But the market is going to do well either way.
• 6:30
  Speaker 5: I think on the Democratic side, people don't feel richer
• 6:32
  Speaker 5: as a result.
• 6:34
  Speaker 2: In a suitent loan forgiveness. That's not enough.
• 6:36
  Speaker 5: It's not enough if inflation is going up. You have
• 6:39
  Speaker 5: to at least outpace inflation for things to sway in
• 6:43
  Speaker 5: your favor.
• 6:44
  Speaker 1: And the sentencing is July eleventh, which is I think
• 6:48
  Speaker 1: four days before the Republican Natural Convention when he will
• 6:51
  Speaker 1: officially accept the denomination.
• 6:54
  Speaker 2: So that should be interesting. We'll see July.
• 6:56
  Speaker 5: I think my question, serious question, what do you think
• 7:00
  Speaker 5: his first day out vers is gonna sound.
• 7:02
  Speaker 1: Like saintsoven I mean, he didn't have a day Pauls.
• 7:09
  Speaker 1: He didn't have a day in right, So like if
• 7:11
  Speaker 1: he goes in in Gelato, I can't see it. What's
• 7:15
  Speaker 1: what's the odds on him going to jail?
• 7:17
  Speaker 4: All right?
• 7:17
  Speaker 3: So even if he gets convicted, even all right, So
• 7:20
  Speaker 3: from a legal standpoint, the judge the maximum he can get,
• 7:23
  Speaker 3: his four years in jail, all the way down to
• 7:25
  Speaker 3: as little as pay a fine or probation, probation, something
• 7:31
  Speaker 3: like that. So they said it's relatively no chance that
• 7:34
  Speaker 3: he's going to go to jail, right, And I think
• 7:36
  Speaker 3: that that's true for a few different reasons, especially the judge.
• 7:39
  Speaker 3: The judge is already getting political pressure on him. They
• 7:41
  Speaker 3: pulling up his record he donated fifteen dollars about Joe Biden.
• 7:44
  Speaker 3: So no, he's not going to be the He's not
• 7:47
  Speaker 3: gonna be want to be known as the person that
• 7:49
  Speaker 3: sent or sentenced Donald Trump to jail, right all that
• 7:53
  Speaker 3: he would get death threats. It would be terrible for him,
• 7:55
  Speaker 3: His life would be terrible. So I don't think he's
• 7:57
  Speaker 3: gonna send itcen them to jail. But they say even
• 7:59
  Speaker 3: if he did sendence entim to jail with bail and
• 8:02
  Speaker 3: a pill, it'll probably be two years before that would
• 8:05
  Speaker 3: actually be realized anyway, So it wouldn't be like he
• 8:07
  Speaker 3: actually gets sent it to jail on Tuesday and then
• 8:10
  Speaker 3: he's he's going to be serving John Frankas on Wednesday.
• 8:13
  Speaker 3: So this is important to understand from a you know,
• 8:14
  Speaker 3: political standpoint, just but from a and I'm interested when
• 8:18
  Speaker 3: we talked to William for his his his insight on
• 8:20
  Speaker 3: this because I never in life knew one person that
• 8:24
  Speaker 3: had a felony that didn't go to jail.
• 8:26
  Speaker 4: Maybe one. I actually know one, and I'm still trying
• 8:29
  Speaker 4: to figure out how he didn't go to jail.
• 8:31
  Speaker 1: But I know, I said, do I know him?
• 8:36
  Speaker 5: I do allegedly trying to let you out clear so.
• 8:43
  Speaker 3: So I don't you know, for the most part, ninety
• 8:46
  Speaker 3: nine percent of the people that I know that have
• 8:48
  Speaker 3: felonies of any of any sort, I just don't. I
• 8:51
  Speaker 3: just don't know felons that were convicted of felonies that
• 8:55
  Speaker 3: didn't go to jail. I've never in life met one
• 8:58
  Speaker 3: person that had thirty four felony. Now, granted, I think
• 9:01
  Speaker 3: this was some level of political witch hunt because it
• 9:04
  Speaker 3: wasn't really necessary to have thirty four felonies in a
• 9:08
  Speaker 3: case that you can only get a maximum four years.
• 9:10
  Speaker 3: They probably just added on a lot, but still let
• 9:13
  Speaker 3: get in. Still, it's a lot white collar crime, low
• 9:16
  Speaker 3: level felony.
• 9:17
  Speaker 4: I get it.
• 9:18
  Speaker 3: I get it, but I just don't know how. And
• 9:21
  Speaker 3: this speaks to the difference. And Dave Chappelle had a
• 9:23
  Speaker 3: skit about this years ago where he talked about like
• 9:26
  Speaker 3: the drug that I don't know if you remember, but
• 9:27
  Speaker 3: it was like the drug dealer. They ran up in
• 9:29
  Speaker 3: his house with the ak and you know, had the
• 9:31
  Speaker 3: baby crying and all that. And then the white collar
• 9:34
  Speaker 3: crime guy who stole like two billion. They called his
• 9:37
  Speaker 3: lawyer negotiated a time for his surrender. He came in,
• 9:40
  Speaker 3: they took some pictures, let him go on his yacht.
• 9:43
  Speaker 3: That's that's how it happens, right, And this is a
• 9:46
  Speaker 3: perfect example. Whether you like Trump or not, this highlights
• 9:50
  Speaker 3: the differences in the political justice system.
• 9:54
  Speaker 4: Right.
• 9:54
  Speaker 3: So I know people that have done nineteen years in
• 9:57
  Speaker 3: jail for marijuana.
• 9:58
  Speaker 4: That's a fact.
• 9:59
  Speaker 3: So it's like, you know, Okay, you do almost two
• 10:02
  Speaker 3: decades in jail for selling week and you get convicted
• 10:05
  Speaker 3: of thirty four felonies and you relatively have no chance
• 10:07
  Speaker 3: of ever going to jail.
• 10:08
  Speaker 4: Ever.
• 10:09
  Speaker 3: Is interesting, right, It's interesting. And like I said, I know,
• 10:12
  Speaker 3: he's seventy four and it's a low level felony. But
• 10:16
  Speaker 3: like I said, I know people that have misdemeanors that
• 10:20
  Speaker 3: went to jail. I know people that did six months
• 10:22
  Speaker 3: in jail for child support.
• 10:25
  Speaker 4: That's just what.
• 10:26
  Speaker 1: Appearing over parking tickets. Yeah, parking tickets or that. Yeah, yeah,
• 10:30
  Speaker 1: spend their license all and.
• 10:33
  Speaker 2: Going back to mores. Why were you trying to pay
• 10:35
  Speaker 2: her off? Anyway? You said way worse things did way worse?
• 10:37
  Speaker 2: Do you want to pay her off? No?
• 10:39
  Speaker 4: It's crazy.
• 10:39
  Speaker 1: Thirty four counts found guilty on them or did the
• 10:42
  Speaker 1: double fist pump an hour after in front of your
• 10:45
  Speaker 1: crib full back to marl Lago and all those people
• 10:48
  Speaker 1: like he can't vote, He can't vote, He can't vote.
• 10:50
  Speaker 1: He was found a felon in the state of New York.
• 10:52
  Speaker 1: He resides in Florida, so he can't vote for himself
• 10:55
  Speaker 1: in the state of Florida.
• 10:56
  Speaker 5: If a felon becomes president, should fellas be able to
• 10:58
  Speaker 5: vote going forward?
• 11:00
  Speaker 2: Yeah, it's unprecedented.
• 11:01
  Speaker 3: I think fellows should be able to vote now anyway,
• 11:04
  Speaker 3: why are you if your whole point of prison is
• 11:07
  Speaker 3: to rehabilitate somebody, why would you strip them of their
• 11:11
  Speaker 3: rights to be That's one of your rights of being
• 11:12
  Speaker 3: an American citizen is to actually vote and take part
• 11:14
  Speaker 3: of the political process. So, Okay, you make one mistake
• 11:17
  Speaker 3: or you got found guilty of one thing, now you
• 11:20
  Speaker 3: can no longer take part in the political process, which
• 11:22
  Speaker 3: is one of the most important processes in American structure.
• 11:25
  Speaker 3: That doesn't make any sense to me.
• 11:27
  Speaker 2: All the people that usually go to jail vote for
• 11:30
  Speaker 2: what party?
• 11:32
  Speaker 4: Democrats?
• 11:33
  Speaker 3: For sure, No, I get it, I understand, I get it,
• 11:36
  Speaker 3: But I'm just saying that, you know, I think that
• 11:38
  Speaker 3: fellons should be able to vote.
• 11:39
  Speaker 4: Now, why not?
• 11:40
  Speaker 3: I agree because you're Democrats if you're able to work, right,
• 11:47
  Speaker 3: and even that has to be changed. Like as far
• 11:49
  Speaker 3: as if you're able to be a felon and be
• 11:51
  Speaker 3: the president of the United States, well you should be
• 11:55
  Speaker 3: able to have any job in America.
• 11:56
  Speaker 5: And take it off the House and applications and mortgages
• 12:00
  Speaker 5: quite discriminating across the board.
• 12:02
  Speaker 3: Rant yep, all that type stuff, right. I mean, if
• 12:05
  Speaker 3: we're gonna open up the playbook and open it up
• 12:07
  Speaker 3: for everybody, right, if a felon is capable of being
• 12:11
  Speaker 3: the most important person in America, the most powerful position
• 12:14
  Speaker 3: in the world, why.
• 12:16
  Speaker 4: Can't they be a clerk kid in a law office? Right?
• 12:21
  Speaker 3: I mean, you're trust in classified thousand with somebody that
• 12:24
  Speaker 3: got thirty four fellas?
• 12:25
  Speaker 4: What else? What more dangerous can can somebody else do?
• 12:29
  Speaker 6: An illegal alien from Guatemala charged with raping a child
• 12:33
  Speaker 6: in Massachusetts. An MS thirteen gang member from l Salvador
• 12:37
  Speaker 6: accused of murdering a Texas man of Venezuelan charged with
• 12:41
  Speaker 6: filming and selling child pornography in Michigan. These are just
• 12:45
  Speaker 6: some of the heinous migrant criminals caught because of President
• 12:49
  Speaker 6: Donald J. Trump's leadership. I'm Christine Noman, the United States
• 12:52
  Speaker 6: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 12:57
  Speaker 6: crossings are at the lowest levels ever courted, and over
• 13:01
  Speaker 6: one hundred thousand illegal aliens have been arrested. If you
• 13:04
  Speaker 6: are here illegally, your next you will be fine nearly
• 13:08
  Speaker 6: one thousand dollars a day, imprisoned and deported, you will
• 13:12
  Speaker 6: never return. But if you register using our CBP home
• 13:16
  Speaker 6: app and leave now, you could be allowed to return legally.
• 13:19
  Speaker 6: Do what's right. Leave now. Under President Trump, America's laws,
• 13:24
  Speaker 6: border and families will be protected.
• 13:27
  Speaker 2: Sponsored by the United States Department of Homeland Security,