Episode 738: Trump's Billion Dollar Week; Giuliani's Podcast Studio in Jeopardy?

This week on Ring of Fire!


According to recent financial filings, Donald Trump's Truth
Social - which was just merged with Digital World Acquisition
when they acquired the Trump Media and Technology Group - lost
WAY more money last year than previously thought. Previous
estimates assumed the company lost about $30 million, but the
real amount was actually a loss of more than $50 million last
year. So how can a completely worthless company that is
hemorrhaging money be worth $8 billion in the stock market?


The group of creditors that are trying to get their money from
the now-bankrupt Rudy Giuliani have been asking a judge to look
into Giuliani's multi-million dollar condo in Florida and
possibly sell it to settle his debts. But Giuliani is now trying
to convince the judge overseeing the bankruptcy to leave the
condo alone because, as Giuliani told him, he needs it to
continue his podcasting. That's not a valid reason to avoid
paying your debts.


Eleven Republican-controlled states have filed a federal lawsuit
against the Biden administration over the latest attempts to
cancel student loan debt for certain borrowers. The states claim
that President Biden doesn't have the authority to do this, but
what they are really trying to prevent is a political win for the
Biden administration. Cancelling the debt hurts no one, so the
states have had to come up with an absurd legal argument to claim
that they have been damaged.


Donald Trump's first criminal trial is starting in just under two
weeks, and he is running out of options to delay it. But, there
could be a chance for him to buy some more time, but only if he
goes scorched earth on his own legal team. A former prosecutor
has pointed out that his only chance of getting a significant
delay would be to fire his entire team of lawyers, which would
give him the ability to argue that his new team needs time to
prepare and learn the case.


All that, and much more, on this week's Ring of Fire Podcast!