Is This The End of the Trump Presidency?
Last night we were at a function and the topic with the DC types was whether or not this past week signaled the coming end of the Trump presidency. I mentioned sarcastically that it looked like he was about "done". A bystander laughed and asked me if I had read this article.
It very well could be. We'll see.
https://www.newyorker.com/news/news-...ump-presidency
This is the week we know, with increasing certainty, that we are entering the last phase of the Trump Presidency. This doesn’t feel like a prophecy; it feels like a simple statement of the apparent truth. I know dozens of reporters and other investigators who have studied Donald Trump and his business and political ties. Some have been skeptical of the idea that President Trump himself knowingly colluded with Russian officials. It seems not at all Trumpian to participate in a complex plan with a long-term, uncertain payoff. Collusion is an imprecise word, but it does seem close to certain that his son Donald, Jr., and several people who worked for him colluded with people close to the Kremlin; it is up to prosecutors and then the courts to figure out if this was illegal or merely deceitful. We may have a hard time finding out what President Trump himself knew and approved.
The narrative that will become widely understood is that Donald Trump did not sit atop a global empire. He was not an intuitive genius and tough guy who created billions of dollars of wealth through fearlessness. He had a small, sad operation, mostly run by his two oldest children and Michael Cohen, a lousy lawyer who barely keeps up the pretenses of lawyering and who now faces an avalanche of charges, from taxicab-backed bank fraud to money laundering and campaign-finance violations.
Cohen, Donald, Jr., and Ivanka monetized their willingness to sign contracts with people rejected by all sensible partners. Even in this, the Trump Organization left money on the table, taking a million dollars here, five million there, even though the service they provided—giving branding legitimacy to blatantly sketchy projects—was worth far more. It was not a company that built value over decades, accumulating assets and leveraging wealth. It burned through whatever good will and brand value it established as quickly as possible, then moved on to the next scheme.
There are important legal questions that remain. How much did Donald Trump and his children know about the criminality of their partners? How explicit were they in agreeing to put a shiny gold brand on top of corrupt deals? The answers to these questions will play a role in determining whether they go to jail and, if so, for how long.
There is no longer one major investigation into Donald Trump, focussed solely on collusion with Russia. There are now at least two, including a thorough review of Cohen’s correspondence. The information in his office and hotel room will likely make clear precisely how much the Trump family knew. What we already know is disturbing, and it is hard to imagine that the information prosecutors will soon learn will do anything but worsen the picture.
Of course Trump is raging and furious and terrified. Prosecutors are now looking at his core. Cohen was the key intermediary between the Trump family and its partners around the world; he was chief consigliere and dealmaker throughout its period of expansion into global partnerships with sketchy oligarchs. He wasn’t a slick politico who showed up for a few months. He knows everything, he recorded much of it, and now prosecutors will know it, too. It seems inevitable that much will be made public. We don’t know when. We don’t know the precise path the next few months will take. There will be resistance and denial and counterattacks. But it seems likely that, when we look back on this week, we will see it as a turning point. We are now in the end stages of the Trump Presidency.
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Originally Posted by DGUtley
