Speaker 1: The money troubles for the failed former president Donald Trump are getting worse
and worse and worse, the Daily Beast reports. Donald Trump's cash crunch just got much,
much worse. This is a real issue and it's not a theoretical issue. This is a practical issue. As
Donald Trump's, the article reads, as Donald Trump's legal troubles consume more and more
of his time, they're also consuming more of his donors money. And there is a hole in the bucket.
On Tuesday, Trump's Save America Leadership PAC reported raising only $8,500 from donors in all
of January. That's not a typo. While spending 3.9 million. You know, Republicans love to
talk about you've got to balance your household budget. You got to do it. When I look at 8500
in 3 .3. 9 million out, it sounds like a problem. Now, this is the critical line of the 3.9 million.
Almost 3 million was for paying lawyers because of Trump's legal troubles. At the same time,
the article continues, the Trump campaign itself reported a net loss of more than 2.6 million for
January. Trump's campaign raised 8.8 million and spent 11.5 million, filings reveal. Trump
is burning through donor funds as he struggles to feed two cash drains, astronomical legal bills and
the cost of a national presidential campaign. Nikki Haley actually outraised Trump for this
period. Now, I know that there is a general principle in American politics. If you raise more
money, you usually win. I don't think it's going to apply in this particular. Case to Nikki Haley.
But Trump's legal troubles are a real issue, and the I still believe this will not interfere with
him being the nominee. But the question is, how is this going to interfere with him defeating Joe
Biden? Now, I know everybody has their area of focus. There are those who say presidents
get reelected. So Joe Biden's fine. There are those who say Biden's approval is too low to get
reelected. Well, but Trump's approval is also a disaster. And tons of people hate Trump. There are
those who focus on fundraising. There's a there's all these different perspectives you can take. If
we want to take a sort of systemic view of this, we have a I've said a lot of this before. We have
a pretty good economy, and that's good for the incumbent. We have a bunch of accomplishments by
Joe Biden, and that's pretty good. A lot of people do think Joe Biden is too old to be president,
so that goes against him. But okay, we've got all that on the Trump side. We have he already lost in
2020. He now has 91 criminal charges against him. In practical terms, not only is he going to be
really busy with these criminal trials, the first of which is starting in just weeks, weeks, he is
also going to be spending a lot of money in that way, and he's going to continue diverting money
that comes in from donors to legal bills, rather than to television ads or to whatever else might
be more useful. So I think, you know, looking obviously I'm voting for Biden over Trump if they
are the nominees. So in that sense, I am biased. I have a horse in the race. I think Biden's been
a pretty good president, certainly better than Trump. And I'd rather him have four more years
than giving Trump four more years. But if I look at this in as an objective way as possible,
you can find arguments in favor of and against Biden's reelection. But the problems for Trump are
building very, very quickly. And I know that there are those who are saying the solution here is for
Nikki to get out. Nikki raised 11 million bucks in January. If she got out, even if only half
of that went to Trump or a third of that went to Trump, it fixes a bunch of that deficit that Trump
is facing. The problem is there are major donors donating to Nikki Haley who have no interest in
Trump whatsoever. And if she leaves, they're not donating to Trump. So Trump is going to
have to find new donors or to squeeze the existing donors for more money, maybe becoming the official
nominee. Or maybe Nikki Haley being mathematically eliminated is going to help him do that. But he's
got a real problem. And by the way, honestly, that we talk about empathy and and all this stuff,
who the hell is donating money to Donald Trump at this point? Seriously, who is donate? I saw
that there were $10,000 anonymous donations made to the, GoFundMe to pay for Trump's, civil fraud.
Fine. I would love to meet the people. Donating to money. Donating money to Trump at this point. Hey,
we're taking calls later. We'll take calls next week. If you are a Trump donor,
please get on my discord and call me because I want to talk to you. We have a tremendous
program coming up for you today. Make sure you're subscribed to the YouTube channel now pushing
towards 2.5 million subscribers. Can you believe these numbers? It's crazy. YouTube.com slash the
David Pakman Show. We'll take a very quick break and the Friday show will continue.