Down goes the Trump Org

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Donald Trump’s attorney Alina Habba is now arguing that the Trump Organization changed the New York skyline. This laughable exaggeration is apparently supposed to be some kind of defense strategy in Trump’s civil fraud trial. Even if it were true, it still wouldn’t help Trump one bit during this trial.

Trump’s attorneys’ inability to come up with any salient points during their closing argument, along with Donald Trump’s own incoherent failed attempt at participating in the closing, are the end of the road.

There was never going to be a moment during this trial where Judge Arthur Engoron said “Okay that’s it, you’ve convinced me, my summary judgment was wrong, Trump is innocent after all.” We knew that just because there was no such argument to be made. But now that we’ve seen what Trump’s closing arguments look like, it’s official. It’s happening. The Trump Organization is going down.

This judge is about to hand down penalties along the lines of $250 million or $370 million, and that’ll be more than enough to cause Trump’s financial house of cards to collapse. Trump can try to appeal the verdict. But at best that would just put his assets in limbo, where neither he nor the government could touch them until it’s resolved. And if Trump can’t access his assets in order to shuffle money around, how’s he supposed to keep the lights on at all?

Goodbye, Trump Organization. The New York skyline will indeed be changed for the better – by the removal of Donald Trump as an owner or namesake of any of the buildings in that skyline.

Note from Bill Palmer: I'll never stop fighting for you. If you appreciate my work, support me at this crucial time:
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