Yikes! Trump’s Twisted Past Resurfaces After Bill Passes

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2:00Evening.

2:01Ben Meiselas:Buyer's remorse. Buy a new car? I'll be moving in. Let's get started. Uh, sorry, I think there's been a mistake. I bought it from Carvana. You what? Yeah, great price. I even have seven days to love it or return it. So there's no... No, no buyer's remorse. More like buyer's rejoice? I guess I'll let myself out. Congratulations. I mean it. Buyer's rejoice. Buy your car today on Carvana. Limitations and exclusions may apply. See our seven-day return policy at Carvana.com. Donald Trump's dark past as a complete and total fraud, as a felon and a sexual abuser, is once again resurfacing in light of this disastrous budget bill.

2:41Ben Meiselas:Donald Trump is someone who has always bankrupted things in the past. And so when you hear MAGA Republicans say, oh, Donald Trump's the greatest business person. He has all of the solutions. He promised us this. He's a fraud. He's a felon. He's a liar. He's a bankruptor. And let me just give you very specific examples because I think it's important when you look at the disastrous budget bill, it has direct parallels to how he's always bankrupted businesses in the past. And now the United States of America is his next mark. So I want to talk about how Donald Trump bankrupted Atlantic City, how he bankrupted his casinos in Atlantic City, the exact same tactics and strategy he defrauded people then.

3:29Ben Meiselas:He's doing again right now. Let me read for you this list first, though. Trump Magazine, Trump Vodka, Trump Airlines, Trump Steaks, Trump Water, Trump Mortgage, Trump Travel, Trump The Game, Trump Casinos, multiple, Trump University, Trump Foundation, and now the United States economy. Those were all entities that went out of business or that Donald Trump had to declare bankruptcy for because he is a failed business person. And if you want to just look at Donald Trump's financial filings before the SEC regarding Trump media, you have to disclose your bankruptcies and business failures by law. So they list it right there.

4:11Ben Meiselas:I mean, to their credit, Trump's bankruptcies are listed in his financial filings for this one. Go back to February 14th, 2025, and it talks about a number of companies that were associated with Donald Trump have filed for bankruptcy. And then this disclosure says, even though these are in different areas, Trump media may go bankrupt the way his other entities did because there can be no assurances that they won't also be bankrupt. So you look right over here, Trump Taj Mahal, built and owned by Trump, Chapter 11 bankruptcy, 1991. Trump Plaza, Trump Castle and Plaza Hotel, Chapter 11 bankruptcy, 1992.

4:49Ben Meiselas:THCR, founded by Trump in 1995, bankruptcy in 2004. The new name given to Trump Hotel and Casino Resorts after a 2004 bankruptcy, declared bankruptcy in 2009. Then the disclosure goes on to list all of those companies like the Trump vodka and the meats and the mortgages and the airlines that all went bankrupt as well. Read it for yourself. Screenshot it. You take it. This is Trump's own disclosures right there. So when we look at this disastrous budget bill and you hear MAGA Republicans like Ralph Norman, who said, we can never support this bill. It's going to bankrupt the United States. Then they're asked, well, why did you change your vote?

5:32Ben Meiselas:You took a trip to the White House. What changed when you said this is going to bankrupt America because the language didn't change? The same language that you said will bankrupt America that the Senate gave back to the House. It was there. There was no changes. And watch what Ralph Norman says. Play this clip. So what I don't understand is you had a view that was negative about this bill yesterday. Is there something different about the bill today? Yeah, it is. We met with President Trump and, you know, he did a masterful job of laying out how we could improve it, how he could use his chief executive office, use things to make the bill better.

6:18Ben Meiselas:You heard that. He goes, we met with Donald Trump and he promised us all of these things. How ridiculous can you be? You must be in a cult. And what we saw yet, what we saw this past week on the House floor was cult behavior by these MAGA Republicans. It's odd for me to watch. I'm like, what the hell am I even seeing here? So one by one, these MAGA Republican stooges, They would get up there with these photos of Donald Trump, these like weird AI and Photoshopped images of him. And they would say stuff like, look how handsome he is. Look how strong he is. Look how powerful he is. You must follow this man.

7:05Ben Meiselas:That's what they would say. I'm like, what the hell am I watching? If you watch this clip, cult much as Democratic Congress member McGovern says, play this clip. Choose to side with the American people and deliver on the mandate that they gave us back in November. I urge my colleagues to put America first, support the rule and pass the one big, beautiful bill. And I yield back. Tell me he yields back. Gentleman from Massachusetts. Mr. Speaker, cult much? You know, I mean, that gentleman's poster says it all. It's not about American families. It's about one big party for Trump. It's about swelling up his ego.

7:44I now yield one minute to the gentleman from California, Speaker Emeritus, Ms.

7:50Ben Meiselas:Pelosi. So when I see Trump and the MAGA Republicans saying things like this, no tax on Social Security, right? They post those memes. No tax on Social Security. That's not in the bill. We're going to protect you seniors. There's no tax on Social Security. It's not mentioned anywhere or once in this thing. It would cost$100 billion at least a year to do that. It's just made up the same way Donald Trump would lie about his businesses. He would just make up things. He's a fraud. He comes up with fake numbers. Like that's his thing. He was found liable for doing fraudulent valuations. So let's take a look.

8:32Ben Meiselas:Let's look at Trump's past. I want to show you concrete and specific examples. The first example I want to show you is Trump Shuttle and what went down there. As our editor-in-chief Ron Filipkowski explains, don't worry, the debt won't be that bad from this bill because the growth of the economy as a result of this in tariffs is going to be just like Trump Shuttle. Here, play this clip. Look, this is not financially sustainable. It became clear that the Trump Shuttle would not grow as an airline. Trump fired 100 employees. Just 18 months after the Trump shuttle launched, the airline had already lost$128 million.

9:14Ben Meiselas:In 1992, Donald Trump decided it was time to bail. Okay, now let's talk about the Trump Taj Mahal Casino. The Trump Taj Mahal Casino, eerily similar to the disastrous budget bill. Donald Trump wanted three beautiful casinos right next to each other in Atlantic City. And people were like, three? They're going to cannibalize each other. They're going to compete. Why do you want three? What are you going to do there? And based on your debt structure, you're not going to be able to finance it. It's going to go bankrupt. But Trump said, trust me, I know how to do it. We're going to have a big, splashy opening.

9:56Ben Meiselas:the same way this budget bill is promoted. Big, beautiful budget. Everyone's going to get rich. Everyone's going to. And we're like, that's not what the data says. Shut up. Shut up. Don't tell me. Listen to dear leader Donald Trump. Watch this. This right here talks about the Trump Taj Mahal, how it was promoted as this big thing, but then went bankrupt. Play this clip. Hotel was advertised as the eighth wonder of the world when it opened in 1990. One step beyond your wildest imagination. A symbol of Donald Trump's meteoric rise as a real estate tycoon, filled with Trump's signature glitz and gold.

10:33It cost nearly$1 billion to build.

10:36Ben Meiselas:Is it necessary to build on such a scale? The scale, Charlie, is what brings the people, the opulence, the size, the everything, is what really is going to make the Taj Mahal, I think, the most successful hotel anywhere in the world. But Monday at 5.59 a.m., the doors were locked at the Taj after 26 years, leaving thousands of middle-class workers without jobs. So how did Trump's crown jewel go from this... I'm really happy with what I'm seeing. ...to this? I've got to show you a picture of what the casino looked like. It was pretty remarkable. Take a look at this.

11:15It's eerie. What do you think is the significance of the fact that the Taj Mahal ended in bankruptcy and was just deserted? It was a signature development for him, a signature moment for

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12:39Ben Meiselas:Feel your passion, feel your purpose, and take on every day at your best. Now, great segment right here as well, right? From ABC. And they're talking about over here how there were three casinos right next to each other and how many people feared if you do three casinos and the debt is so vast, you're not gonna be able to pay back your loans. But play this clip. He set his sights on Atlantic City, gobbling up three casinos and stamping his name on every one. The Trump Plaza, Trump Castle, and the grandest of them all, the Trump Taj Mahal. Which he got for a song after the original owner couldn't complete construction.

13:18He threw a grand opening as lavish as the hotel itself. The whole spectacle captured for Robin Leach, journalist to the stars. The guest of honor, Michael Jackson.

13:28Ben Meiselas:75 ,000 fans nearly swept away supermodel Elmer Pearson. But they didn't stop the casino tape topping$2 million for the day. Now, there was one individual who called Donald Trump out. His name was Marvin Rothman. Rothman calls Trump out and then Trump calls Rothman's boss, gets Rothman fired for saying exactly what was going to happen. Rothman then sues his own company and then sues Trump. And then Trump settles with Rothman. Listen up. I said, well, why would you want to have three casinos? One is going to cannibalize the other. Just weeks before the casino opened, he told The Wall Street Journal.

14:09When this property opens, he will have had so much free publicity, he will break every record in the books in April, June, and July. But once the cold winds blow from October to February, it won't make it. The market just isn't there. These are the quotes that made Donald Trump angry. Live it. What came next made headlines. Nightline covered Roffman's story. You apparently saw things with some clarity, at least as far as the Taj Mahal was concerned. And yet when you spoke out on that, you got canned. Donald Trump was so upset with Roffman's grim prediction for the Taj Mahal that he is said to have called up his boss and said either make Roffman apologize publicly or fire him.

14:51He fired me on the spot. Roffman says what really worried him about the Taj Mahal was how he says Donald Trump had financed it with an extremely high interest loan. The Taj would have to make close to a million three a day to break even. No casino in the world ever had that kind of number. But Roffman turned out to be exactly right about the Taj. It could not bring in enough money. And a little over a year after it opened, the Taj Mahal filed for bankruptcy and Trump's other two Atlantic City casinos followed suit the next year. Was he a good businessman when it came to casinos and gaming? Absolutely not.

15:31Roffman went on to sue his employer for wrongful termination and a judge found in Roffman's favor, awarding him$750 ,000. He also sued Donald Trump for defamation of character. Trump settled that suit out of court with no admission of wrongdoing.

15:46Ben Meiselas:And then, Donald, doesn't this sound so eerily similar to the disastrous budget bill? And here is Martin Rosenberg, a contractor from Atlantic Plate and Window Glass, who got screwed. Let's play it. It was the toughest construction job I've ever had. Toughest construction job most people have ever seen. One of those involved in the Taj's construction was Martin Rosenberg. Had I known that Trump was going to take over the job, I would have never done the job. He says the Taj job nearly cost him his company, which was contracted to provide glass, mirrors and doors. He promised if we did a good job, we would get paid.

16:24He says Trump owed him over$1 million and he wasn't alone. Rosenberg says Trump didn't honor the contracts of over 100 contractors who helped complete the Taj Mahal. The man didn't pay us because he didn't have money, bottom line. It's Marjorie McAfee with ABC News. I wondered if you might consider doing an interview with me. Getting other people like Rosenberg to talk to my producer for this story was extraordinarily difficult. I sent him an email to confirm, you know, date and time for this past weekend. And he just, he literally vanished. But Rosenberg would speak because he's already gone head to head with Donald Trump.

17:01You took on Donald Trump. Somebody had to do it. Rosenberg and six other of the contractors banded together on behalf of the entire group and forced a meeting with Trump. I had a telephone call from Mr. Trump's personal attorney. I said, we want to get paid. He says, well, how can I stop this meeting? I said, it's relatively simple. Give me a check. After several rounds of negotiations, Rosenberg says he and the other contractors settled with Trump for less than what they were owed with devastating results. Some went bankrupt. Some lost their businesses. We survived because we were very busy in Atlantic City.

17:41Ben Meiselas:Now, here is a video clip from two months ago with Donald Trump saying that he would have vetoed the Republican bill if it included Medicaid cuts. As Fact Post says, bookmark this, bookmark this, because we know when we read the bill, there's like a trillion dollars in cuts to Medicaid. It says it in the bill. Now they want to say, oh, we're only going after those able-bodied 29 to 35-year-old men who are playing video games. What are you talking about? Medicaid doesn't make them rich. Like, what world are you living in? Medicaid pays to reimburse for medical stuff and for medication. what 28 to 35 year old is like you know i'm playing my video i'm playing my grand theft auto video game right now and you know what i really need right now i need a micro dissection and my l5 s1 on oh yeah i'm gonna make medicaid pay for it what i'm gonna be so rich with my micro dissection and my medicaid what do we that's not the way it works all they are doing with this work requirement is they're going to make the paperwork so difficult that most Americans are on Medicaid aren't going to be able to fill out the paperwork.

19:01Ben Meiselas:So then they get kicked off their Medicaid. That's the plan. But watch Donald Trump say it. Here play this clip. What happens if it comes to your desk has the tax cuts, but also cuts to Medicaid? Would you veto that? We're not doing that. I would if they were cutting it, but they're not cutting it. They're looking at fraud, waste and abuse. And nobody minds that if illegal immigrants are in the mix, if the people that aren't supposed to be there, people that are non-citizens are in the mix. Nobody minds that waste, fraud and abuse. But we're not cutting Medicaid. We're not cutting Medicare and we're not cutting Social Security.

19:40Ben Meiselas:Okay. So I think we put together this presentation. He's not a good business person. He's the worst. You see the same tactics, fraud, to pitch the disastrous budget bill as he did in the past. He's been found liable for fraud. He's been criminally convicted in a business records case. You have the evidence right there. It's lined up, lined up. Hit subscribe. Let's get to 6 million subscribers.

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