is a retainer fee or a retain-her fee? this legal stuff is so confusing. david, it s the only time i tweeted this earlier in the week. i said it s the only case i ve ever heard of where a billionaire has to use a retainer in $35,000 monthly installments to pay a $130,000 debt. it strains creditity. go to smerconish.com, answer the latest poll question of the day. do the latest developments awrying out of the stormy daniels case now imperil the presidency. by dragging it out this long is he risking giving the democrats more power, those who want to impeach? and during the campaign, the president famously said, what have you got to lose to unemployed african-american voters. well, the unemployment number has dipped below 4% for the first time since the year 2000. and black unemployment is also at historic lows.
prosecutions you have to have a guilty conscience. if you knew about the payment when it was made, that goes to the campaign finance law violations, what giuliani was doing was trying to ex-cull pate michael cohen by saying he was repaid for this loan. but also at the same time, exculpate trump by staying he knew about the loan, but he didn t really know about it, there was a $35,000 a month retainer fee, to use to pay off the you know, he s the fixer. he knew it was reimbursed in one sense, he didn t know the specifics of it. did giuliani clean it up a little bit? no, he muddied 9 waters further and further. it s never a good look when a client and an attorney aren t on the same page. let s play that walk back for us, we have rudy giuliani
are the rest of us missing something that we haven t picked up in a grand scheme. thank you for being here. i always appreciate your analysis. thank you. what are your thoughts? tweet me @smerconish. if a point of that statement is that he doesn t know all the facts and is not speaking on behalf of the president, why should we listen to or believe anything rudy says? that s the question people are asking about the white house now. that it s death by a thousand cuts. like the doctor, the whole doctor ronny issue and the doctor from new york and the president having dictated that. in the scheme of things, is it a big deal? no. but when you add them all up, it s problematic. one more, if we have time for it. is a retainer fee or retain her fee? this legal stuff is so confusing. david, it s the only time i said it s the only case where a
rudy s great. but rudy has just started and he wasn t totally familiar with every you know, with everything. mr. president [inaudible] we re not changing any stories. here s what he said on air force one in april. do you know about the $130,000 payment to stormy daniels? [inaudible]. president trump said that he paid cohen a retainer fee, and the reimbursement was made through that. blake? so what did the president have to say in ohio today? did he make any news? he made a little bit of news. he hinted at potentially some future actions in regards to immigration and also healthcare. we re going to get the wall. even if we have to think about closing up the country for a while, over the next few weeks, we re going to have a very very big announcement on healthcare. for the most part, the president used that roundtable today which was on tax cuts to focus on tax cuts, jobs, and the economy, all things that he sees
[inaudible question] the president says he paid michael cohen a retainer fee and the reimbursement came that care about the president and his legal team have denied the affair ever took fifth place. when the president left to go to cleveland and when he came back reporters tried to ask him about this. the payment as well as stormy daniels. no response. we try all the time i ve been there often. thank you. we are now learning investigators on the robert mueller team have interviewed this man. a california real estate investor and one of the presidents closest friends and confidence. garrett tenney is live in washington with details on this one. what do we know about his time with donald trump? the two men have no agenda for at least 30 years. over time they have become close friends and confidence. he also played a crucial role