I have said on multiple occasions that I could live without seeing Traitor Tot in an orange jumpsuit. I mean really, no matter who nails him, what are they going to do? He’s a former President with a Secret Service security detail. More likely is home confinement at Mar-A-Lago, and an ankle bracelet to control his movements.

What I want to see is Trump spending his reclining years trudging up the stairs to a 3rd floor walkup in one of Jared Kushner’s shitty buildings. Maybe his Secret Service detail can carry all of those Dag Bags up the stairs for him. And here’s the kicker. If Alvin Bragg and Letitia James play their cards right, It. Could. Happen!

I wrote yesterday that the Manhattan DA had approached former disgraced CFO Allan Weisselberg with the sorry news that they may be ready to bring new fraud charges against him. I can feel for Allan Weisselberg, I’m 10 years younger than him, and I wouldn’t want to spend one day on Riker’s Island, even if it was research for a book. He’s on the downside of five months. The thought of multiple years at the Clinton Correctional Facility would not thrill me.

So Weisselberg, like so many other Trump acolytes in legal peril before him, Weisselberg finally took the leap of faith. Just like Cassidy Hutchinson before him, he fired his Trump paid lawyers, and got his own independent counsel instead. And that counsel is going to tell Allan Weisselberg what’s best for Weisselberg, and not for Trump. And what that attorney is going to Allan Weisselberg is that what’s best for him is to roll over Trump like an avalanche.

And that’s what’s deadly for Trump. Because when you enter into a plea deal with a prosecutor, you don’t just confess to the crime they’re investigating. No, you confess to every criminal act you’ve ever been involved in, including stealing that candy bar in 2nd grade. The prosecutor decides what’s relevant.

And that’s what’s Trump’s kryptonite. Because Bragg will walk Weisselberg through every dirty deal he has performed and he’s going to want to know any part Trump played in it. If that happens forget Stormy Daniels, the indictment count could be in the hundreds. And you know that part of Weisselberg’s plea agreement will be to testify for Letitia James civil suit.

All of this is devastating to Trump, but it’s not the worst. What’s worst for Trump is the fact that the minute he’s indicted, every bank that has ever dealt with Trump or his company, especially the ones with outstanding loans can now move to immediately call in those loans! And they may well be able to file their own civil fraud lawsuits seeking damages and punitive damages.

And Trump can’t afford that. Trump is the self proclaimed King of Debt for a reason. He owns billions of dollars worth of property, but he doesn’t really own it. Before the ink is even dry on the sale documents, Trump is turning around and taking out 2nd mortgages and equity loans on the property, often up to 80% of the value. Launder. Rinse. Repeat. The property may be worth billions on its face, but Trump personally isn’t worth the price of a train ticket.

Those banks are going to want their pound of flesh. And you can bet your ass that by agreement Allan Weisselberg will be a star witness at every one of those trials. That could take years, but for any lender who has outstanding debt from Trump, and claims fraud, they can start the process of calling in those loans immediately. And the Trump organization will come tumbling to the ground.

Nota Bene

We got home at 4:30 and our streaming service was down. This was already in my head, so I started writing it up. Teri just got MSNBC up about 10 minutes ago, and I learned that Traitor Tot has been indicted. I am going to get more information, and will be back shortly to vent my spleen. Don’t touch that dial.

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11 COMMENTS

  1. The beginning of the collapse of Trump, though he’ll, no doubt, be fundraising off this, as he will off everything until his funds are frozen.

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  2. My first thought after hearing about the indictment and knowing Weisselberg had dropped the Trump-O provided stooges and lawyered up with more reputable representation is that they immediately insisted he come clean with the Grand Jury and Mr. Bragg before proceeding.

    I would think his change of heart had volumes to do with this sudden indictment.

    “Ladies and gentlemen of the jury……my previous testimony was all lies and I am here now to set the record straight.”

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  3. There’s another thing to consider. I guess because NYC’s been the financial capitol of the world for so long NY State passed its own version of a RICO law. More importantly it’s got nearly the same sharp (and voracious) teeth as the federal version. Given the sprawling reach of the Trump Org’s misdeeds and Trump’s personal involvement in everything, involvement Weisselberg can be the key witness in proving that possibility has been percolating in the background for a while now. It gets mentioned and then forgotten. But maybe, just maybe with ole Al having gotten a good dose of life behind bars and facing the possibility of a lot more than his current five month’s sentence if real lawyers who have HIS interests at heart instead of Trump’s tell him “they’ve got the goods – cut a deal!” he’ll sell his soul to stay out of prison.

    His “Queen for a day” (that stuff you mentioned where he confesses all, because if he gets caught witholding a single crime he’s been party to it means the deal is off AND everything he’s told prosecutors can be used against him) will take several weeks! And all of it will be shared beyond the Manhattan DA’s office – state and federal prosecutors will get it all. Folks at SDNY are probably salivating over the prospect of giving Bilirubin Barr a double middle finger and then turning around and mooning him – after all it was Barr who ORDERED them to stop investigating Trump.

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      • I read that Trump dumped the last lawyer because he was too cooperative with the District Attorney. This from the Daily Beast:

        The Trump Organization has suddenly switched the attorney representing its jailed former chief financial officer, Allen Weisselberg, after some folks in Trumpworld expressed concerns he was too willing to play ball with the Manhattan District Attorney investigating former President Donald Trump, according to three sources familiar with the situation.

  4. I believe this is playing out as the scene in High Anxiety, where Mel Brooks is fleeing a scene where he was set up for murder, which was witnessed by scores of people in the lobby of a fancy hotel. As he’s running outside, he keeps getting hit with pigeon shit on his nice suit. The number of birds keep increasing, and apparently are chasing him. He runs into a small wooden building thinking he’s finally safe. He looks up in horror as it is an open square hole, and lined above him are a multitude of pigeons, all around with their asses hanging over him. You can guess what happens next. Kinda like now.

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