Timcast IRL · May 21, 2024 · 2h 0m
Timcast IRL #1029 Trump NY Case BLOWS UP After Cohen ADMITS He STOLE 60k From Trump w/Michael Rectenwald
Episode Recap
Timcast IRL Episode 1029 covered breaking developments in the Trump hush money trial, with the panel discussing Michael Cohen's admission that he stole $60,000 from the Trump Organization during the Stormy Daniels payment reimbursement process. Tim Pool opened the show explaining how Cohen testified he took $30,000 from a $50,000 IT company reimbursement, with additional tax liability money also pocketed by Cohen, raising serious questions about Trump's knowledge of the payments. The panel was joined by Dr. Michael Rectenwald, a former NYU professor and libertarian presidential candidate, Phil Labonte of All That Remains, and Hannah Clare Brimel of SCNR.com. They analyzed the implications for the prosecution's case, noting that even CNN legal analysts were questioning how Trump could have known about payments meant for Stormy Daniels when his own lawyer was stealing from the arrangement. The discussion also covered the president's of Iran and foreign minister dying in a helicopter crash, USA Today calling for Biden's resignation, and previewed the upcoming Libertarian Party National Convention where Trump and RFK Jr. are expected to appear. The episode included a Cast Brew Coffee ad read and emphasized the show's membership program at Timcast.com.
TL;DR
- →Michael Cohen admitted to stealing $60,000 from Trump Organization during Stormy Daniels hush money reimbursement, taking $30K from an IT company payment and additional tax liability funds
- →Prosecution's case weakened as Trump may not have known Cohen was stealing from the arrangement meant to pay Stormy Daniels
- →Libertarian Party National Convention previewed with expected appearances by Trump, RFK Jr., Vivek Ramaswamy, and Thomas Massey
- →Iranian President Ebrahim Raisi and Foreign Minister Amirabdollahian died in a helicopter crash, with speculation about possible assassination
- →USA Today editorial called for Joe Biden to resign to stop Trump, showing internal Democrat divisions
- →Timcast IRL introduced co-hosts including Phil Labonte and Hannah Clare Brimel, with Michael Rectenwald discussing his libertarian presidential campaign
Key Moments
- 0:00OpeningTim Pool introduces bombshell testimony from Michael Cohen admitting to stealing $60,000 from Trump Organization during hush money payments
- 30:00Cohen InvestigationDetailed breakdown of how Cohen pocketed money meant for IT company reimbursement and tax liability payments
- 60:00Convention PreviewMichael Rectenwald discusses upcoming Libertarian Party National Convention featuring Trump and RFK Jr.
- 90:00Iran NewsPanel discusses helicopter crash death of Iranian president and foreign minister amid Israel-Iran tensions
- 120:00Political LandscapeUSA Today Biden resignation coverage and broader election analysis
Notable Quotes
“I guess what you would call bombshell testimony, which to be honest, probably isn't surprising.”
— Tim Pool · opening the show with breaking news
“He takes that money, puts 20K in a brown paper bag, hands it to the IT company and is like, take it or leave it, puts 30K in his pocket.”
— Tim Pool · explaining Cohen's theft from Trump Organization
“I'm Michael Rectenwald and former NYU professor, author, and now libertarian candidate for president.”
— Michael Rectenwald · guest introduction
“How could Trump have known what was going on with this money that it was going to Stormy Daniels if Cohen was actually stealing large portions of it.”
— Tim Pool · questioning prosecution's case logic
“I'm Phil Labonte. I'm the lead singer of the heavy metal band All That Remains. I'm an anti-communist and a counter-revolutionary.”
— Phil Labonte · panel introduction