CNN legal analyst Jeffrey Toobin on Wednesday said that new bombshell revelations about President Donald Trump’s massive business losses in the late 1980s and early 1990s open up new questions about his current sources of income.
During a panel discussion on the New York Times’ report about how Trump managed to lose $1 billion over the span of a decade, Toobin said that this information should only embolden Democrats to keep seeking the president’s past tax returns.
“It cries out for more information,” Toobin said. “It’s wonderful reporting from the New York Times. It’s great they got the documents. They answer a lot of questions. But especially about his presidency… but what’s important to the country is where he’s getting his money now? Because that suggests where his loyalties are.”
Toobin also found it amazing that Trump was able to lose all this money and still live like a wealthy tycoon, which he said suggests that it was other people who were feeling the pain of his own failures.
“He kept living like the billionaire he pretended to be,” Toobin said. “Why didn’t he feel any of the pain of losing this money? Why is it other people who had to sacrifice — the famous contractors and subcontractors he didn’t pay. But he never suffered at all!”
Watch the video below.
Trump Pentagon appointee busted for tweets arguing for martial law following election loss
According to a report from CNN's "KFiles," one of Donald Trump's appointees to the Pentagon has been approvingly retweeting Twitter posts that call the election of former Vice President Joe Biden a "coup," while also helping to promote a petition calling for the president to declare martial law following his election loss.
Scott O'Grady, who was shot down over Bosnia in 1995 which was later the basis for the movie "Behind Enemy Lines," in 2001, recently received a presidential appointment to the Pentagon as the next Assistant Secretary of Defense for International Security Affairs, pending Senate confirmation.
Woodward and Bernstein break down Trump’s ‘unimaginable’ failure to protect Americans: ‘We have bread lines’
On CNN Thursday, legendary Watergate reporters Bob Woodward and Carl Bernstein discussed the departure of the Trump administration — and the president's failure to protect America from crisis.
"When I did one of these interviews with Trump, I said, what's the job of the president? And Trump said to protect the people," said Woodward. "And he has failed in a way that truly is unimaginable to protect the people that he's supposed to lead."
"I see something far worse," said Bernstein. "Because what Donald Trump has done is — from the beginning of his presidency but in the final days, in the final months more than at any other time — he has undermined the interest of the United States, the health and welfare of its people. We have bread lines. We haven't seen bread lines in this country since the Depression. That's really what these food lines are about. We haven't heard a peep out of this president of the United States, nor about the coronavirus, which is killing our people by the hundreds of thousands."
Trump ‘can’t handle the humiliation of being labeled a loser’: CNN White House correspondent
CNN White House correspondent John Harwood on Thursday said that President Donald Trump is lashing out everywhere because he cannot psychologically cope with the fact that he lost the 2020 election to President-elect Joe Biden.
While talking with CNN host Kate Bolduan, Harwood explained how Trump's fragility over the results of the election has now led him to turn on longtime ally Attorney General Bill Barr.
"What he's concerned about is the fact that Bill Barr, who's been a very pliant attorney general, who's done the president's bidding on a number of fronts, ran into the reality that there is no evidence of widespread voter fraud tilting this election," Harwood explained. "Bill Barr decided to tell the truth about that and that made Donald Trump mad."