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At this point Cohen needed to find a funding source. Cohen asserts he took out a home equity loan to come up with a mere $130,000 to pay off Stormy Daniels, so it seems clear he couldnt have fronted the $1.6 million for the Bechard deal himself. So Cohen reached out to Elliott Broidy, a very rich Republican fundraiser with several pending and highly lucrative business deals with foreign governments: deals that hinged on whether Broidy could convince the U.S. government to take various actions. By stepping up to take responsibility for the affair and to fund the seven-figure settlement, Broidy was ensuring that he could continue to peddle his influence with Trump to governments around the world.
Which is to say, it was a cover-up concealing a bribe. Indeed, it turns out that Broidy not only has a history of bribing public officials, but of bribing them in an uncannily similar fashion to the method which I hypothesize he employed in this case.
So, according to this hypothesis, when Cohens office was raided by federal prosecutors, they found documentation of what was actually a fabricated affair, concocted by Cohen and Davidson to create a justification for funneling Broidys money to Bechard, while creating a paper record designed to protect Trump from further exposure.
This account as bizarre as it may seem at first glance is actually more plausible than the story leaked to the Journal, the New York Times, and CNN.
What could the founding fathers have been thinking when they attached the first amendment to the constitution? No wonder Adams wanted the Alien and Sedition Acts!