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CNN’s Toobin asks the single most important question about Trump tax bombshell

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CNN's Jeffrey Toobin (Screen cap).

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.

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“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.


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2020 Election

A Biden win will likely strip Mitch McConnell of all his power: CNN

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According to CNN polling analyst Harry Enten, should Joe Biden win the election on Nov. 3rd it will likely be part of a Democratic tidal wave that will also flip to the Senate to Democratic control -- and strip current Senate Majority Leader Mitch McConnell (R-KY) of his power.

Citing polls in which GOP incumbents are tied or trailing their Democratic opponents, Enten noted that Biden holds leads in those states and his popularity could sweep the down-ticket Democrats into the office too, handing Democrats control of the Senate to go along with the House where they are expected to remain in control.

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CNN

Trump defender buried on CNN for defending GOP push to seize Supreme Court seat

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On CNN Saturday, Democratic strategist Robert Zimmerman tore into GOP counterpart Alice Stewart for defending the GOP's Supreme Court power grab.

"I think it's important that [Republicans] proceed without delay on this," said Stewart. "They have the constitutional obligation to do so. And the Senate and in this administration. They also have historical precedent, given the timeline, this can be done. Many have been done in a much shorter time frame, as well as voters voted Republicans to control the Senate."

"I have to ask Alice, where was that constitutional obligation when President Obama nominated Merrick Garland?" said Zimmerman. "Of course the Republicans said it would be inappropriate, it was too close to a presidential election. Let's understand ... she is being chosen by Donald Trump and Mike Pence because they want to fill that Supreme Court, because they're going to be election challenges coming up and they want to make sure they have a vote that's going to rig the court in their favor."

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CNN

Trump’s threats to reject peaceful transition have made America look ‘ridiculous the world over’: historian

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On CNN Saturday, historian Douglas Brinkley warned that President Donald Trump's repeated threats to reject a peaceful transition of power are a national humiliation for America on the world stage.

"I want to point out something that you told The New York Times on the president's election doubts," said anchor Christi Paul. "Your quote is, 'This may be the most damaging thing he's ever done to American democracy.' How so?"

"Because our great export in the United States is our free and fair elections," said Brinkley. "So we tell the rest of the world how to hold them and now here we are in 2020, mayhem about to happen, president of the United States talking about fraudulent ballots, rigged election, I may not leave even if I lose. It makes us look ridiculous the world over. We've lost our franchise on free and fair elections. You almost feel like we need a group of nations to monitor our own election, instead of the other way around."

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