In their second week, without power. Amid extreme heat in louisiana and extremely challenging conditions. Conditions that get more and more challenging, with each day passing. With the power still not returned. Reviewing the damage today, president biden said quote, the evidence is clear. Climate change poses an existential threat to our lives to our economy. The threat is here. It s not going to get any better. The storms are going to get worse and worse and worse. He said quote we have got to listen to the scientists and economists in the national security experts. They all tell us this is code red. The nation in the world are in peril. That is not hyperbole, that is a fact. President biden speaking today, again on his trip to new york in new jersey, of course what is he proposing to do on climate, is what s in his build back better plan. The big infrastructure bill. That democrats are trying to pass. One thing to sort of have in mind over these next few days, is by the end of this w
welcome to prime time weekend, and i am alex wagner. let s get right to the week s top stories. the banks and financial institutions that lent donald trump hundreds of millions of dollars to help build and expand the trump brand? they cannot be happy right now. will any of them really want to loan donald trump any more money? could they start demanding he pay back the money he owes them presently? well, there is actually a historical precedent for all of this. back in the early 1990s, trump s business empire was on the brink of insolvency. he had stretched himself thin, with casinos in atlantic city and a fancy yacht, and for whatever reason, his own airline company. trump had borrowed a ton of money from the banks to pay for all of this. and these businesses were not doing well, so the banks got together and decided it was time to rein in donald trump s finances. trump had long cast himself as a winner. now he was looking like a loser. as quickly as the banks l
welcome to prime time week, and i am alex wagner. let s get right to the week s top stories. the banks and financial institutions that lent donald trump hundreds of millions of dollars to help build and expand the trump brand, they cannot be happy right now. will any of them really want to lone donald trump any more money? could they start demanding he pay back the money he owes them presently? well, there is actually a historical president for all of this. back in the early 1990s, trump s business empire was on the brink of insolvency. he had stretched himself thin, with casinos in atlantic city, and a fancy yacht, and for whatever reason, his own airline company or. trump had borrowed a ton of money from the banks to pay for all of this. and these businesses were not doing well, so the banks got together and decided it was time to rein in donald trump s finances. trump had long cashed himself as a winner. now, he was looking like a loser. as quickly as the banks loved h
Limited immunity for anything criminal that you cop to during the testimony. which means, again as a general matter, if you are being subpoenaed to testify to the grand jury, yes you have to testify. but you yourself are probably not getting indicted. they probably want your testimony to contribute to a potential indictment to someone else. now mr. kalahari junior, has provided that testimony, for the new york times reported that mr. kalahari, appeared in front of the grand jury. late last. week on thursday of last. week his lawyers say that he was immunized and testified truthfully. again it s probably not a bad sign, for mr. calamari junior. who gave the testimony. but it s potentially a bad sign for someone else who he was asked to testify about. in addition to that tele-marnie appetizer, cnn reports that the top financial officer of the trump organization, a man in jeffrey mcconney. also was called to testify again before the grand jury.
Related to something else. now we know. or at least we know that it s still going. the prosecutors who brought those charges against the trump organization and the cfo, they have been continuing to work that. case in apparently they have more to give. the wall street journal was first to report that the special grand jury, that s been hearing evidence in the trump case. the grand jury handed down the previous criminal indictments, last week they decided they needed to hear from yet more witnesses. even before the first indictments, wall street journal and also cnn reported that somebody else, from the trump organization a guy with a name you will not forget. had reported that he was under scrutiny by prosecutors, that he d been advised to get his own attorney, that prosecutors were potentially seeking his press cooperation. i said you will not forget his, name you will not forget his name. his name is, we matthew kalahari. which is actually a beautiful name. and you won t forget it. it