Peter Schiff Destroys DA Bragg’s Case for Indicting Trump: Even If He Were Guilty, It’s Just a Fine

EXCERPT:

SCHIFF: “You know, a lot of people enter into these confidentiality agreements where you pay somebody money to keep their mouths shut and they don’t talk about something. I mean, this happens. I mean I’ve never been involved in something like this, but I know that it happened. Certainly with people that are celebrity or people know who they are, it’s very easy for somebody to come out and make an accusation, maybe it’s true, maybe it’s false. But sometimes the easiest thing you can do is pay the person to be quiet because, you know, maybe that’s the best way to deal with it, especially if you’re a wealthy. I mean, people talk about, ‘Oh, this is $120,000, it’s a lot of money.’ Not Donald Trump, you know, that’s not a lot of money, so it’s probably worth what he paid. Now what they’re trying to claim, though, is because he was a candidate for president at the time, that this payment constitutes a campaign donation and he should have reported it, which to me seems ridiculous because how do you report it, number one? Because if the purpose of the $120,000 is so Stormy Daniels doesn’t make these allegations, but you have to report it on something that’s disclosed to the public, if you report that you paid Stormy Daniels $120,000 to not say anything, you just destroy the entire value of what you buy for the $120,000, so it would actually make it impossible, if you had to report it as a campaign contribution, because then why even do it? Because the fact that you made the payment would be news in and of itself, and you basically would look guilty because you paid. So I don’t even see how he could have reported it, even if he thought it was a campaign donation — which he clearly did not, because he has a right to do that as a private citizen. Just because he’s running for president doesn’t mean you can’t enter into a confidentiality agreement with somebody. I mean, you could do that for personal reasons. The guy’s a married man, the guy’s got kids, he doesn’t want this person talking about something that may or may not have happened. He may have made that payment even if he wasn’t running for president, but there certainly were valid reasons for Donald Trump to believe that that didn’t constitute a campaign contribution that should have been disclosed. And, in fact, the federal campaign finance people, they knew about it for years. They never filed any charges. Now you got this ridiculous D.A. in in in Manhattan coming out and saying, ‘Oh, he violated campaign finance law.’ Well, why didn’t the federal government say something about it? Because it’s a federal law, it’s not a state law. If he violated these federal actually laws, why didn’t the federal government do anything about it? I mean, I know first-hand about this, because I was fined and I paid a $10,000 fine. I think it was $10,000, may have been 20, I don’t know for sure, but I think it was 10, but I got fined for violating campaign finance laws. Nobody indicted me. I didn’t face criminal charges. I paid a fine. It’s civil.”