Trump’s future looks like to be all downhill but not in a good way: trouble ahead and behind

Today is the best day of Donald Trump’s life.

From here on out things can only go downhill.

Because of his actions after the November election culminating with the vicious attack on the Capital building, Trump is now so toxic that corporate America is walking away from him.

The Trump brand has been permanently damaged and, according to Forbes magazine, he holds a billion dollars in debt.

Much of this is personally secured.

He cannot write it off through corporate bankruptcy as he has done so often in the past.

His main banking house, Deutsche Bank, wants nothing more to do with him.

His private banker at Deutsche Bank quit precipitously at the end of 2020.

Other banks have shown him the door as well.

Voters are leaving the Republican party in droves (Bloomberg) largely because they do not want to be associated with Trump. Trump is so toxic that he has effectively split the Republican party. His loyalists are numerous, but many traditional Republicans recognize the danger that he poses to the long-term health of the party. Truly, if the last impeachment vote in the Senate had been by secret ballot, many acknowledge that Trump would have been convicted.

Finally, he faces a tidal wave of civil and criminal litigation. The most dangerous of the actions against him is a criminal tax, banking and insurance fraud case being developed by the City of New York. He faces a civil action with similar content from the State of New York. In Georgia he is being investigated for election tampering. The chief prosecutor in Washington D.C. is preparing a case against Trump for using the office of the President as a profit center.

We do not know if he will face criminal action for his role in the attack on Congress, but a civil case is being built against him using a 19th century law designed to prevent the intimidation of legislators by armed and violent mobs. There are also a number of private civil cases moving forward against him. Some of these will almost certainly strike home.

One highly-experienced criminal defense attorney in New York City said simply “I would not want to be in his shoes.” If you listen carefully you can already hear the air going out of Trump’s balloon. As 2021 progresses the leak can only get worse.

James Winchester

La Conner