All the President’s Debt

“Don’t Gain The World & Lose Your Soul.
Wisdom Is Better Than Silver Or Gold.”
Bob Marley

If getting impeached twice isn’t enough for Trump, now he’s really getting a major shot to his ego. It looks as though Trump’s actions from January 6th are coming back to bite him in his backside which will do more damage than he ever imagined possible. The only thing that Trump the narcissist, ever prized are money and power which are quickly fading.

News broke last week that Deutsche bank delivered a major blow to Trump and his conglomerates. The German bank, one of Trumps major financial supporters, announced it will cut ties with Trump.

Deutsche has been Trump’s primary business lender since the 1990s and according to inside sources, is owed about $340 Million encompassing three loans.

Back in the 1990s, after half a dozen Trump bankruptcies, Deutsche was the only bank loaning Trump money when others including JPMorgan, Chase, and Citigroup cut ties with him and listed him as too risky for business dealings. Deutsche has lent Trump and his organizations upward to $2.5 Billion over the last 30 years.

One other financial institution also stepped away from Trump after the Capitol siege: Signature Bank, a New York-area institution, has called for Trump to resign and said it was closing two personal accounts where Trump kept about $5.3 Million. A spokeswoman from Signature Bank said the bank also won’t do business “with any members of Congress who voted to disregard the Electoral College.”

Banks aren’t the only funding source that dealt a brutal blow to his pocketbook this past week. Trumps corporate supporters are shutting off the money faucet too. Companies such as, The PGA, Bank of America, Facebook, Microsoft, Airbnb, Coca-Cola, Amazon, Verizon, AT&T, CNN just to mention a few announced they have suspended political donations and also vowed not to give money to the 147 Republicans who tried, unsuccessfully, to overturn President-elect Joe Biden’s victory.

The attack on the Capital changed everything, said Greg Valliere, chief US policy strategist at AGF Investments. Corporate executives are genuinely appalled. “Many business leaders felt a need to shame the Republicans who refused to accept the election results.” Republican Senators Ted Cruz and Josh Hawley, who led the Senate effort to overturn the election, also might be exiled for the rest of their careers.

The decision to dump Trump is politically convenient now and only comes after years of enabling him. Corporate America didn’t back Trump when he ran for office in 2016. But business groups enthusiastically embraced the Trump agenda after he won the White House. Big business got their deregulations, tax cuts and pro-business judges it wanted.

The corporate relationship first began to breakdown because of Trump’s stances on climate, immigration and race. CEOs scrambled to quit Trump’s advisory councils in August 2017 after Trump initially failed to condemn white supremacists at a rally in Charlottesville, Virginia.

Eleanor Bloxham, CEO of the Value Alliance, a firm that advises boards on corporate governance practices, said it’s critical that companies institute policies and practices to make sure they don’t “fall into the same trap again.”

That means companies and business groups must ensure that their political spending matches up with their publicly stated values and that those values are reflective of the ones held by their employees and customers. Bloxham said it remains an open question whether the insurrection at the Capitol delivered a lasting lesson to corporate America, or merely a fleeting one. However, she also said, “We’re a nation that forgets too easily sometimes.”

Trump has always found the means to pull himself out of bad situations. There was always some where he could tap for funds. It appears that all these businesses have finally come to the realization that Trump is toxic to their brands and are abandoning him. It’s just not good for business, when our Democracy is literally under attack by its own President.

Trumps net worth has been estimated at $2.5 Billion by Forbes. Virtually all of Trump’s $1.1 Billion of debt is backed by real estate, mostly linked to a small number of buildings and golf courses that form the core of the Trump business empire.

If Trump defaults on his loans, Deutsche can seize the golf courses and hotels secured by the mortgages, and if their value isn’t sufficient to repay the debt, the bank can go after Trump personally, who guaranteed the loans.

The situation is made more pressing for him because his primary source of income in past years was his work on television which is dried up. So, while the president is asset-rich, it is unclear how much liquidity he has access to.

Now that he’s lost the presidency, the federal government will continue his tax audits. The Manhattan DA is expanding its criminal investigations into Trump organization’s finances. We will learn the real truth behind why he didn’t want his taxes released and his real business high finances.

A great many of us already knew what Trump represented for this country. We always knew that Trump’s best seller book the “Art of the Deal” about the “mind of a brilliant entrepreneur” was and is nothing more than just a book of lies from a con artist. We presume Trump will do what he’s done his entire career, strategic bankruptcy which will once again erase all the president’s debt.

Shine On

Sowing Seeds

 “Keep on sowing your seed.
For you never know
which will grow. 
Perhaps it all will.”
Albert Einstein

Most of my fellow Blogaholics are too young to remember one of this countries scariest early domestic terrorist and dangerous white supremacist, Charles Manson.

Manson was an American criminal and cult leader. Early in 1967, he formed what became known as the “Manson Family”, a quasi-commune based in California. His followers, not him personally, committed a series of nine murders in 1969. The motive for the murders was intended to start a race war.

Another well-known supremacist was leader, David Eden Lane. In March 1985 Lane was arrested in Winston-Salem, N.C., and charged with conspiracy and racketeering, along with 22 other members of The Order, a white supremacist terrorist organization also known as The Silent Brotherhood, or Bruders Schweigen. The charges were for The Order’s 1984 machine-gun assassination of a Jewish talk radio host in Denver, Alan Berg, and its robbery of $3.6 million from an armored car in Ukiah, Calif.

Lane was caught only after the FBI arrested Order member Tom Martinez, who became an informant as part of his plea bargain. This was the first step in the FBI takedown, known as “Operation Clean Sweep,” that landed most members of The Order in prison and effectively ended the organization’s criminal activities.

Lane was additionally accused in 1987, of violating Berg’s civil rights by helping to assassinate him, a federal charge. Lane was also charged with sedition, conspiracy and civil rights violations in what was widely known as the “Fort Smith  sedition trial.” Thirteen other prominent white supremacists were also charged in a conspiracy to overthrow the government that allegedly ran between July 1983 and March 1985.

While both Manson and Lane did not pull the trigger, prosecutors said they played a large role in the planning of the murders they had committed by their followers.

White supremacy is not new to our nation. It has dominated in this country both before and after the American Civil War and continues today. Since the first white supremacist group, the Ku Klux Klan (KKK) in 1865, the United States has an expansive list of the different types of racial elitist groups operating in the U.S.

Some academics argue that outcomes from the 2016 United States Presidential Election reflect ongoing challenges with white supremacy. As of 2018, there are over 600 white supremacy organizations recorded in this country.

Christopher A. Wray, the head of the FBI said on July 23, 2019 at a Senate Judiciary Committee hearing that the agency had made around 100 domestic terrorism arrests since October 1, 2018, and that the majority of them were connected in some way with white supremacy. 

In an October 2020 assessment by the U.S. Department of Homeland Security, Acting Homeland Security Secretary Chad Wolf declared that white supremacist violent extremists “have been exceptionally lethal in their abhorrent, targeted attacks in recent years.”


What we witnessed on January 6th is laden with white supremacists. Rioters wearing shirts with, “Camp Auschwitz and 6MWNE” which is a cry from racists, 6 MILLION DEAD JEWS WAS NOT ENOUGH. Hats and banners with these slogans are proof of white supremacists.

Not all Republicans and Trump supporters are white supremacist. In my point of view, all of the violent MAGA people at the capital attack are full blown white supremacists. These MAGA people stated clearly by carrying their confederate flags and confirming their white supremacy wearing proudly their merchandise with racists slogans.

Now, Republicans such as Matt Gaetz (R-Fla.) and Mo Brooks (R-Ala.) were among the politicians to spread the baseless conspiracy theory as well as their leader President Trump are attempting to pin the blame on Antifa and other radical organizations. The FBI has stated emphatically that there is NO EVIDENCE Antifa was involved in the Capital Attacks.

For centuries, leaders around the world have affirmed, the swiftest way to bring down a country is to divide the country. The act of dividing potential allies and communities who could come together to rise up is one of the oldest and most effective tricks in the book. A key tool for countering such tactics is learning from the stories of how previous organizations and coalitions have avoided the pitfalls of divide and conquer.

Divide and conquer is a strategy used by the oppressors to break down the relationships and unity between subjugated (often racial) groups struggling for justice, freedom, and liberation, in order to maintain the status quo.

Often tactics used to divide and conquer is creating a narrative that blames each group for the other group’s problems. This works to foster mistrust amongst groups and to cloud the systematic inequalities of white supremacy, capitalism, and patriarchy.

Bribery is another tactic. This works to align some groups with the elite over other subjugated groups. The resources offered are never close to the original goals of the movement.

While all this violence and chaos ensues in the country, Trump continues to do what he has done since elected, which is to try to divide and conquer Americans for cynical gain. It’s all about winning, and everything else be damned.  Over the past five years, he has sown the seeds of racism, xenophobia, and religious bigotry. Everybody knows it, even his most staunch supporters who showed up at his January 6th political event to provoke violence. As long as he is standing in front of his adoring followers, where he can spew his special kind of wink and nod, dog whistle, cultural political rhetoric, he is fine.

I challenge our Republican representatives to name one thing Trump has done to unite the country. 

There is no denying, Trump has laid bare to all of us, who and what he embodies. Trump has yet to denounce what his MAGA people did January 6th. Trump may not have pulled the trigger that killed people during the raid on the Capital, he may not have used exact words to attack the Capital, but his support to MAGA people was loud and clear. To ensue violence and stop the confirmation of our election of our new president because in his words, it was stolen from him.

Trump has been placing a wedge between this country for over five years. A wedge that divides republicans from democrats. That divides race and religion and most importantly a wedge that attempted to divide our beliefs in our democratic society.

Ironically, Tuesday Trump held a political rally in Alamo, Texas to celebrate the “Trump Wall” he created. He bragged how successful his presidency was in building this wall.

I find it extremely telling that Trump chose his wall as his legacy. A wall to divide people. How ironic it is that days before he leaves office we have a new wall. A wall around all of our Capital buildings to protect our democracy not from foreign extremists but from homeland radicals.

Trump must be held accountable for what he has done to this country. Just like Manson and Lane, he has done damage without physically causing violence, deaths, division and threatening our democracy, but by sowing seeds.

 Shine On

Heal and Recover

“Once you choose hope, anything’s possible.” 
Christopher Reeve

On Monday morning I watched the ESPN news from our Capital. Washington DC Mayor, Muriel Elizabeth Bowser answered questions regarding the attempted take-over of the capital. She sadly reported how many of the capital police officers that had served our nation in the war in Iraq had stated they were more fearful of their lives on January 6th then when serving in Iraq. These veterans also told of their experiences of protests in other countries and never believed they would see similar violence in our country by its own people.

Men carrying weapons and zip ties into our Capital are not there to take friendly selfies of the Capital with our representatives.

Our previous Republican and Democratic President’s condone Trump and his incitement to cause violence. I can’t comprehend how anyone believes what these people did when storming, killing and violently attempting to take-over our capital was okay.

Later this morning, to add more salt to the wound, I read that some House Republicans sent essentially an extortion letter to Joe Biden asking him to get Nancy Pelosi to back off. “A presidential impeachment should not occur in the heat of the moment, but rather after great deliberation,” they said. Adding that “impeachment would undermine Biden’s priority of unifying Americans, and would be a further distraction to our nation at a time when millions of our fellow citizens are hurting because of the pandemic and the economic fallout.”

Vice President Pence late Tuesday evening, stated in a letter to Pelosi that he would not invoke the 25th Amendment. He does not believe that such a course of action is in the best interest of our Nation or consistent with our Constitution.

Pence continued to say he “did not yield to pressure to exert power beyond my constitutional authority to determine the outcome of the election” last week, referring to when he oversaw the congressional tally of Electoral College ballots. Mr. Trump had falsely claimed that Pence had the power to reject Electoral College results from certain states.

“I will not now yield to efforts in the House of Representatives to play political games at a time so serious in the life of our Nation,” Pence said.

He also wrote, “the country needed to focus on the orderly transition of power and healing as a nation in the wake of last week’s attacks. I urge you and every member of Congress to avoid actions that would further divide and inflame the passions of the moment.”

My point of view is, Vice President Pence’s decision is no surprise. House Representatives and especially Trump, don’t give a rat’s ass about the people. All they care about is legal consequences from their actions and possible jail time.

As more and more large business pull their PAC money from Republicans and Trump affiliates, this will highly influence the Republicans decision to vote to remove the President from office. These two issues of jail time and money tells a great deal about our Representatives.

Our government leaders should be less concerned about the timing and more about their commitment to convicting a president who has lied about voter fraud, attempted to intimate and coerce government officials to flip the vote and incited violence which caused deaths. I want to believe that these Republicans have more to offer the republic than disloyalty, sabotage and treason.

My hope is that we can have open discussions without violence and hate. This country has a great deal of healing to take place. However, I believe without accountability for the actions from the perpetrators and our leaders who fed the fire of January 6th, there will be no healing. Healing not only from the Coronavirus but from the inflammation caused by lies, mistrusts and conspiracy theories.

We have been a dysfunctional family of people for a very long time. But, just like any dysfunctional person, we must be honest and we must admit we are dysfunctional before we can heal and recover.

Shine On