The fallout from the Capitol riot is going to have considerable real-world ramifications for President Trump.
In addition to Democrats hoping to impeach him and possibly prosecute him, his business is likely to take a massive hit.
That reality has already started to hit Trump, with the PGA announcing late Sunday that it was stripping the planned 2022 championship from his venue.
For a golf venue and resort, there is nothing more valuable than a PGA championship event being played.
Long before Trump ran for president, the PGA had scheduled the 2022 Championship to be played at Trump National in Bedminster.
That is no longer going to happen.
PGA President Jim Richerson announced that the PGA of America was terminating its contract with the venue immediately.
Seith Waugh, the CEO of the PGA of America added, “We find ourselves in a political situation not of our making.
“We’re fiduciaries for our members, for the game, for our mission and for our brand.
“And how do we best protect that? Our feeling was given the tragic events of Wednesday that we could no longer hold it at Bedminster.
“The damage could have been irreparable.
“The only real course of action was to leave.
“We had to make a business decision.’’
Needless to say, the Trump Organization was deeply disappointed in the decision.
It responded, “We have had a beautiful partnership with the PGA of America and are incredibly disappointed with their decision.
“This is a breach of a binding contract and they have no right to terminate the agreement.’’
This is more than likely just the first of many relationships that will be terminated as this ugliness plays out.
Democrats may not only have Trump banned from the political world very soon, but they may also have his business interests in ruins due to their narrative that Trump purposely led an insurrection against the United States Capitol.
Source: New York Post