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Richard nixon couldn't spin the tape that did him in, and there's no way that mr. giuliani, who knows from being u.s. attorney, the only people who use cash are drug dealers and mobsters. cash is not what you do, and it was michael cohen who said, no, no, no, no. and donald trump, despite what rudy giuliani said publicly, the tape contradicts mr. giuliani and the word "cash" is heard by everyone. >> now, the president's legal team disputes what is being said in this tape. they even provided us their own transcript, which we'll put up at some point. they say that the president said, do not pay ...

Everybody listen to the tape. what is this about? this is about honesty versus false disparagement of michael cohen. why is giuliani out falsely disparaging michael cohen? because they fear him. what do they fear, chris? why am i representing him? they fear that he has the truth about donald trump. he will someday speak the truth about donald trump. the truth is that when donald trump said "cash," which rudy giuliani knows that only drug dealers and mobsters talk about cash, it was -- you heard michael cohen. you heard michael cohen say what? no, no, no, no, no. >> and you're saying he wasn't ...

Rather than paying by cash. so why do you waive -- >> that's not even the case. >> why do you have it out there? >> that's not even the case, professor. there was no transaction. there is no proof that any money ever exchanged hands. there is proof that the corporation was set up for that purpose, but there is no transaction. >> but there's no crime. >> so ken cuccinelli, there's no crime to the professor's reckoning on this. is there exposure? is there concern? >> well, i mean, it's as the professor said, this is a -- it's public appearance concern for sure. it's truth or falsity concern once...

Who's karen mcdougacdougal? oh, my god, why are we talking about paying check or cash? no. he knew exactly. when he says he knew nothing about karen mcdougal before this meeting, ask yourself is that on the tape? and when he denied knowing anything about karen mcdougal before the campaign was done by his press spokesman, ask yourself was donald trump lying or not? and the big issue going forward is going to be about, we all know his lies, but you can't deny a tape. richard nixon said one year of watergate is enough. one year later, a tape caused him to resign from the presidency. >> the reason...

For the transfer of info regarding our friend david so that -- i'm going to do that right away. >> give it to me. >> iver spoken to alan weissenberg about how to set the whole thing up with funding -- yes. it's all the stuff. you never know where that company, you never know where he's going to be. >> you mean he could get hit by a truck. >> correct. i spoke to alan about it when it comes to the financing -- >> what financing? >> we'll have to pay something. >> cash? >> no, no, no. >> is what you heard proof that the president knew about the deal with karen mcdougal or does it sound like new i...