'Still has it': Internet hails Jon Stewart's takedown of Trump's two-word defense strategy in fraud case

Trump received a financial lifeline on March 25 when a New York court reduced his $464 million bond in his fraud case to $175 million
PUBLISHED MAR 26, 2024
Jon Stewart isn’t buying the claim by Donald Trump about his fraud case (@TheDailyShow/Youtube)
Jon Stewart isn’t buying the claim by Donald Trump about his fraud case (@TheDailyShow/Youtube)

NEW YORK CITY, NEW YORK: 'The Daily Show' host Jon Stewart has expressed skepticism regarding Donald Trump and his supporters' assertion that the financial fraud he engaged in for years in New York was a "victimless crime".

Stewart detailed on March 25 how Trump would exaggerate the worth of his assets, such as inflating the size of his apartment, in order to obtain loans, and subsequently undervalue these same assets to evade taxes.



 

Jon Stewart critiques Trump's 'sophisticated real estate practice'

According to Stewart, this practice was all part of what he described as a "very sophisticated real estate practice known as lying".

The consequences of such actions are far from "victimless," according to Stewart.

"First, the banks got paid back at lower interest rates ― although, to be honest, who gives a shit?" he remarked. "But second, money isn’t infinite. A loan that goes to the liar doesn’t go to someone giving a more honest evaluation".

In addition, Jon Stewart pointed out that Trump’s lies on his taxes cost New York City money. (@TheDailyShow/Youtube)
In addition, Jon Stewart pointed out that Trump’s lies on his taxes cost New York City money (@TheDailyShow/Youtube)

Stewart argued that this creates incentives for corruption. Furthermore, he highlighted that Trump's dishonesty on his taxes resulted in financial losses for New York City.

He said, "So the system becomes incentivized for corruption. And this is part of a different Trump fraud case. But avoiding taxes hurts all of us". 

On March 25, Trump received a financial reprieve when a New York court ruled that he was not required to pay the full $464 million bond in his fraud case while it undergoes appeal.

Instead, he was given a 10-day deadline to come up with $175 million.

Social media reacts to Jon Stewart's remarks

Social media erupted in a frenzy following Stewart's statements, with users expressing their views.

One person wrote, "Trump isn't arguing he's innocent, he's arguing he has the right to be a criminal".

(@TheDailyShow/Youtube)
One person wrote, "Trump isn't arguing he's innocent, he's arguing he has the right to be a criminal"
(@TheDailyShow/Youtube)

Another person said, "Our justice system is a joke. Laws dont matter as long as you have money. What a joke".

"The hypocrisy of these people is astounding. Thank you Jon for so poignantly ranting about this insane double standard by those in power. The justice system should evenly and fairly prosecute crimes, that’s literally its purpose!" one comment read. 

(@TheDailyShow/Youtube)
Another person said, "Our justice system is a joke. Laws dont matter as long as you have money. What a joke" (@TheDailyShow/Youtube)

"Jon Stewart still has it man - complete master of his work: passionate, insightful, and humorous," said one person. 

"Thank you Jon Stewart. Time after time I walk away from the news distraught. With you I walk away distraught, and with a grin from hope for humanity. Just maybe it will get better. Love ya man!" one person praised the host. 

(@TheDailyShow/Youtube)
"Thank you Jon Stewart.", praised one person (@TheDailyShow/Youtube)
(@TheDailyShow/Youtube)
"We need John Stewart now more than ever. Thank you sir", another chimed in. (@TheDailyShow/Youtube)

"We need John Stewart now more than ever. Thank you sir," another chimed in. 

This article contains remarks made on the internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.

MORE STORIES

Trump promised America’s men and women in uniform that their pay is safe despite the government shutdown
5 hours ago
The stipend is part of measures taken by the Trump administration to reduce illegal immigrants in US
2 days ago
The directive followed Donald Trump’s August 2025 executive order instructing law enforcement and military to immediately arrest flag burners
2 days ago
Sen Roger Marshall introduced the Passport Sanity Act to end gender-neutral passports citing security and Trump-era precedent
3 days ago
JB Pritzker went after Trump after he suggested alleged crime-ridden cities like Chicago could serve as a training ground for National Guard troops
5 days ago
With the US nearing a government shutdown, Donald Trump posted an AI-generated video mocking Chuck Schumer and Hakeem Jeffries as desperate
6 days ago
Trump revived his long-running clash with Jerome Powell by sharing a viral cartoon while demanding deeper rate cuts despite Fed independence
Sep 28, 2025
Supreme Court backs Trump’s move to freeze $4 billion in foreign aid, marking a major win for executive power
Sep 27, 2025
Pam Bondi also said the Justice Department was transferring inmates taken off death row under former President Joe Biden into maximum-security prisons
Sep 26, 2025
During a Wisconsin Senate immigration debate, the top Democrat lunged at chairman’s gavel, calling Republicans 'cowards' and questioning their faith
Sep 26, 2025