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I love when the newspapers who are sued by Donald Trump fight back the way they know how on the front pages of their own paper. Like when the Wall Street Journal got sued for billions of dollars in defamation by Donald Trump in Miami. What did they do the next day? They published more articles about the Epstein birthday book and then brought the proof to the American people. And now that the New York Times has been sued, you may have heard late last night, 78 page a court case filed in Tampa, Florida. Now that that's been sued where they're being sued for $50 billion more than their actual net worth. They fired back already with an elaborate detailed forensic analysis of an unethical relationship between the Trump administration and its advisers and the uae, the United Arab Emirates, Donald Trump's cryptocurrency company, and high tech AI computer chips that will one day end up on no doubt going from the UAE to China. Courtesy of Donald Trump. I'm going to break down how newspapers and journalists fight back. Never pick a fight with somebody who buys ink by the barrel and who doesn't care about a meritless bad faith filing in in federal court. I bring it all together right here on the Midas Touch Network. So the New York Times has been a critic of Donald Trump forever. For years, certainly since he started his political life running article after article with good journalistic integrity about Donald Trump's Frauds about his relationships, about his lawsuits against him covering the $500 million civil fraud judgment, against his company's finding to this day that his company's committed persistent fraud in the operation of their business. His companies in New York are still under a federal, a former federal judge's monitorship. Okay? The fact that he was convicted of 34 felony counts in New York, the fact that his companies were convicted of 19 felony counts of business record fraud, I mean, it's not hard to, Brent, to make a case against Donald Trump's, against his qualifications to be president at any given time. Donald Trump doesn't like that. He has a mythology about himself. All represented. All either written by Donald Trump or summoned in the White House and signed by Alejandro Brito, a lawyer in Coral Gables who's getting very full of himself because he's filed other lawsuits against CBS and got a check and against ABC and got a check. So now he thinks he's gonna do it against the Wall Street Journal and against the New York Times and no way. Let me talk about how the New York Times, I mean, within moments of this lawsuit being filed in Tampa, Florida, I'll talk about why that happened. Fired back with yet another expose of a new conflict worth millions of dollars and undermining our national security. Courtesy of Donald Trump and Steve Witkoff, who's in his administration. We did the reporting a couple of months ago. About $2 billion coming from the Europe, the Arab and Emirates, the United Arab Emirates, sorry, the Emirati, into a company called World Liberty Financial, owned and controlled by Donald Trump, his adult sons, all of his sons, and Steve Witkoff, who's his envoy, special envoy, effectively his Secretary of state for diplomacy, former golf buddy and real estate developer in New York and in Florida. Hold on to that name, Steve Witkoff. The 2 billion gets negotiated to come in. It's going to be used to buy $2 billion worth of stablecoin, a type of cryptocurrency tied to US dollar that's then going to be invested into SoftBank and some other investments at the same time as that investment is going on. Steve Witkoff is also involved with the negotiations about the United Arab Emirates getting access to high end top secret artificial intelligence computer chips. You know, the ones that go into military grade weapons. And they want it because they want it for their economy, they want it for their military. And of course, the UAE is very close to China and I'm sure there's going to be a conduit for those chips to go to China. So Trump and his People broker primarily through Steve Witkoff, but both the $2 billion investment from the United Arab Emirates benefiting Donald Trump's company at the same time, making sure that the United Arab Emirates get the chips. Is the 2 billion for the chips? Looks like it is. It looks like it's a quid pro quo, right? You make the investment into my company, making Steve Witkoff and me and my sons a whole lot of money, and suddenly we're gonna broker you getting AI chips, even if it means our national security is being undermined. Now, there's a lot of different overlaps here, right? We've got Witkoff on both sides, both in the negotiations over the $2 billion investment into his own company, benefiting him while he's a government employee. As special envoy, that breaches a lot of ethical, ethical walls, a lot of ethical requirements. He's also pushing for the AI chips to go. That's the quid pro quo. And you've got people on both sides, like you've got a company called mgx, this is all New York Times reporting. A company called mgx, which is involved in the Emirati investment and the chip investment. You've got a Sheikh Sheikh Al Nahyan, who's involved with the AI chips and the crypto investment. You see how this is getting tighter and tighter. The quid pro quo is getting more apparent between the two. And who's benefiting Trump, Trump family and Witkoff. So he's using Trump, is using our foreign policy, his powers as the president, to benefit himself financially. I mean, it's not a shock. But there's one other layer, and this is draw from the New York Times reporting. As soon as the lawsuit was filed with nothing, nothing says here's the middle finger. Back to you, Trump smashing the serve overhead. Back at Trump. Like this article.
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Also follow the Ball and the Money Related to David Sachs the New York Times article says David Sachs is a venture capitalist, meaning he works in the private sector, who is the lead negotiator for Donald Trump's White House between the United Arab Emirates on both the AI and the cryptocurrency deal. Again, could there be any tighter relationship? I mean, we're not even one degree separated between hey, bake the $2 billion investment in my company and and I will sell you chips. Hillary Clinton was pilloried because they accused her of selling influence in the in the Clinton Global Initiative while she was Secretary of State. That Clinton arranged meetings for Hillary Clinton after donations came in. That's kindergarten compared to what's happening here. Our US Dollars are AI chips are going to the United Arab Emirates because they made an investment into Donald Trump's companies, benefiting Wyckoff and his family. That's it. And it's brokered by David Sacks, a venture capitalist who's also making money as a side deal who had to get a waiver. Even the White House thought it was unethical. They had to get a waiver for the ethical conflicts. And then we have a Laura Loomer link, which the New York Times reports on today as well. And the Laura Loomer link is Laura Loomer, about six months ago, had a little shit list of people she wanted fired from the national security apparatus in the White House, a list of six. And Trump just, without any thought process, just fired them all. So that meant the only person left to negotiate the deal was David Sachs, the outside venture Capitalist. And there's also a real estate developer friend of Witkoff's and Trump's who serves on the board of mgx, which is controlled by the Sheikh who's negotiating both the AI and chip deal and the money into Trump's pocket deal. Cuz every time somebody makes an investment into World Liberty Financial, he gets a vig, he gets a commission. You know, the velocity and the trade volume all comes through Trump and is a cash register and cash cow for Donald Trump. What I love about this story is so many things besides the just outright corruption that and exploitation and abuse of power that the Times rights. And it would be an amazing expose regardless of the timing. But the fact that it came after this 50, this $55 billion screed. Here's what's going to happen with this lawsuit. I'm going to post this lawsuit on Legal A F substack for you to read so you can read later today. I'm going to do a video over on Legal AF YouTube channel breaking it down as well. From a Florida lawyer perspective, somebody who practices and is a member of the Middle District of Florida. I'll kind of give you my unique perspective about this particular case and going after the, the book publisher and the New York Times for everybody because, oh, they were mean to me. You know, they wrote books about how I'm a lucky loser and I squandered my father's fortune. You did. And how I was born with a silver spoon in my mouth and the Apprentice saved my career. I got news for the people like Alejandro Brito who filed this thing, okay. I grew up in and around Donald Trump. I grew up in New Jersey when he went to Atlantic City. I was a young lawyer in New York when he was whatever he was in New York. I know the stories, all right? I know them from people who were involved. And here's the story. Donald Trump was a middling real estate developer, period. Mainly slapping his name on buildings rather than building them from the ground up. It was all about name and celebrity, right? The, the, his brand, okay? He was a small family office. He was involved with a few trophy buildings that he eventually put his name on, some of which he lost in bankruptcy. Same thing in his business ventures down in Atlantic City. He's gone bankrupt several times as most real estate developers have. He's bounced back from that. He has bankrupted out numerous other businesses. And this is fair game for reporting. And Donald Trump is not the shining stars in the constellation or the firmament of New York big time developers. Never is, never was at any time. And by the time he got onto the Apprentice, he was on the balls of his ass financially coming out of multiple bankruptcies, including about casinos and all of his other companies. And I think the argument that was being made by the New York Times is that Trump needed Mark Burnett and the Apprentice to put him back in the game because he was sort of floundering. Sure, they were making money. He was a high hundred millionaire, maybe a low billionaire, but he had gone through so much financial corruption and crisis and bankruptcies that he needed to go on television. I'll ask it this way. What upstanding real life real estate developer who's not retired or hasn't kind of made all their fortune like Mark Cuban goes on television on any of these shows anyway? You know, you know, the Shark Tank may be one exception, but except for Mark Rubin and maybe Barbara Corcoran, I mean, the rest of them are, you know, middling. You know, they're wealthy, they've done well, but are they multi, Multi billionaire, super successful? No, they don't go on television. They don't go on Celebrity Apprentice and host it. Donald Trump needed it as a lifesaver, a life preserver. And that's the proper and fair game for reporting. But the takeaway from the New York Times is just as the Wall Street Journal said in response to their multibillion dollar lawsuit, let's talk more about the Epstein crisis, not less. We'll continue to talk more about it right here on the Midas Dutch network. Take a minute, slide over to Legal AF, the YouTube channel, and Legal AF the Substance. Oh, yes. Where this will be posted for your reading pleasure till my next report. I'm Michael Popak. Can't get your fill of Legal af. Me neither. That's why we formed the Legal AF sub stack. Every time we mention something in a hot take, whether it's a court filing or a oral argument, come over to the substack. You'll find the court filing and the oral argument there, including a daily roundup that I do called Wait for it Morning af. What else? All the other contributors from Legal AO are there as well. We got some new reporting, we got interviews, we got ad free versions, versions of the podcast and hot takes where Legal AF on substack. Come over now to free subscribe.
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