President Donald Trump set the internet on fire on Thursday after descending into pandemonium with a series of bizarre tweets defending his banking history.
The New York Times reported in May that watchdogs at Deutsche Bank flagged several of Donald Trump’s financial transactions for money laundering in 2016 and 2017, and that certain higher-ups at the bank then moved to quash it instead of reporting it to regulators.
Some of these transactions were with Russia. This means there’s some kind of smoking gun, and considering that House Democrats have subpoenaed Deutsche Bank for financial records, it means it’s time for Trump to panic. So naturally, he’s panicking.
The president took to Twitter to declare that he did not need to borrow money to pursue real estate projects, and also claimed he could easily have obtained loans from any bank — rather than relying on foreign investors and the embattled Deutsche Bank.
“The Fake News Media loves the narrative that I didn’t use many banks because the banks didn’t like me,” Trump tweeted. “No, I didn’t use many banks because I didn’t (don’t) need their money (old fashioned, isn’t it?). If I did, it would have been very easy for me to get.”
“And remember, a bank that I did use years ago, the now badly written about and maligned Deutsche Bank, was then one of the largest and most prestigious banks in the world!” Trump added. “They wanted my business, and so did many others!”
The U.S. Department of Justice is investigating Deutsche Bank AG as part of its probe of alleged money laundering through Malaysia’s scandal-plagued 1MDB investment fund, and the bank has also made news this week after severing ties earlier this year with Jeffrey Epstein as federal authorities prepared sex trafficking charges against him.
Other Twitter users questioned the timing of Trump’s rant about Deutsche Bank, which Congress has subpoenaed to examine evidence of their dealings with the president.
….And remember, a bank that I did use years ago, the now badly written about and maligned Deutsche Bank, was then one of the largest and most prestigious banks in the world! They wanted my business, and so did many others!
— Donald J. Trump (@realDonaldTrump) July 11, 2019
Why are you talking about banks all of a sudden?
— Baltimore Revolution (@BaltRevolution) July 11, 2019
Sounds like you are worried Donnie. Cannot wait until your illegitimate presidency is over, you and your family are behind bars for high crimes and misdemeanors. #ImpeachTheRapist #ImpeachmentInquiryNow #RESIST @SpeakerPelosi @RepJerryNadler
— Todd Crawley (@tacrawley) July 11, 2019
So everything about banks not lending to you is true then. Thanks for confirming 👍
— Jack 🇺🇸 (@jackresists) July 11, 2019
Do you even have the ability to talk about anything else? Same shit, different day.
— k_thack66 (@KThack66) July 11, 2019
Thanks for the reminder of another connection between you & your buddy Epstein https://t.co/o8QweGZXwk
— Gypsee (@Oldgma3) July 11, 2019
It appears that someone high up in Deutsche was in league with Epstein, you, Acosta, and others in this child trafficking scandal. If you were, you all deserve to burn.
— phlish (@phlish1) July 11, 2019
“I’ve made a fortune by using debt, and if things don’t work out I renegotiate the debt,” Trump said.
“How do you renegotiate the debt?” O’Donnell asked.
“You go back and you say, hey guess what, the economy crashed. I’m going to give you back half.”
— Morten Øverbye (@morten) July 11, 2019
You’re scared, buster, and rightly so. When criminal organizations begin to unravel, it’s a scary time for those near the top. That’s you. Give it a little time, cases are being built, snitches are turning, and soon it’ll be your turn — and you’ll have nobody you can trust.
— Delany Dean (@DelanyDean) July 11, 2019