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At this point you have to assume he either has nothing and is grasping at straws to find something (think Ken Starr with Clinton where he started with Whitewater and ended up busting him for lying about a blowjob) or he has a lot and needs to organize it. I tend to believe the later.
When the report comes I don't know if it will implicate Trump himself in anything terrible but I have a feeling a few around him, including his son, may be in deep shit. That said, Trump, himself, sure acts like someone who is guilty.
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