Bretom wrote:
copy / paste from a smart friend:
"...letâs see what he didnât say that the press are glomming onto:
In talking about the FEC complaint that he facilitated a payment from the Trump campaign to Ms. Daniels, he very carefully does not deny the truth of that allegation but says âthe allegations in the complaint are factually unsupported and without legal meritâ. This only addresses the papers that were filed, not the actual complaint.
Later he says:
âIn a private transaction in 2016, I used my own personal funds to facilitate a payment of $130,000 to Ms. Stephanie Clifford. Neither the Trump Organization nor the Trump campaign was a party to the transaction with Ms. Clifford, and neither reimbursed me for the payment, either directly or indirectlyâ
âMy own personal funds to âfacilitateâ a payment of $130kâ
Now, that could mean he paid the $130 out of the goodness of his heart and Trump didnât have anything to do with it. It does not state that he paid the $130. He paid funds to facilitate. That could mean he paid the transaction fees to set up the LLC that paid the money, and it could have been Trumpâs money or his campaignâs money. Which makes more sense?
âNeither the Trump Organization nor the Trump campaign was a party to the transaction with Ms. Cliffordâ
From the reporting we already knew that was true. Cohen, as he admits in his statement, set up an LLC which was the counterparty (payer) to the transaction. People want to read his statement broadly to include the transaction of the money being paid to the LLC - he didnât say that, and he should be asked about that. This also is not a statement saying Trump or his campaign didnât pay the money.
â(Trump) neither reimbursed me for the payment, either directly or indirectlyâ
But, here he means the payment to facilitate, so should that not mean Cohen paid the $130k, but instead said âIâll pick up the transaction feesâ, and then Trump didnât reimburse him for that, this would still be a factually true statement.
These are smart people (the lawyers). Donât think itâs far fetched to parse a lawyerâs language, especially if it looks carefully crafted."
So an LLC was formed in 2016 and it made the payment. This leaves a trail and more questions.
Who are the members of the LLC? If it was Trump, then there is a problem. If it was the attorney, then the Q is where did the $130K come from and how did he treat it on the tax return filed (presumably) in 2017? Was it a capital contribution by the attorney? Was it a loan from someone else? Was the payment treated as a deductible expense, for uh, services rendered?