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Jared -- Here are my thoughts. First we must recognize that Trump is a "malignant narcissist" . One of the traits is "paranoid thinking" -- a sense of persecution, difficulty trusting others, preoccupation with others' loyalty, tendency to bear grudges, and tendency to view benign actions of others as attempts at deception or exploitation.
Everything that Trump does is for himself. He has zero empathy and is ruthless in that regard. He will not accept the pardon as a conciliatory gesture by Biden, but rather twist the messaging to depict Biden as weak. He will say Biden and his prosecutors didn't have a case against him so they took the easy route out and pardoned him. He will cast it as a "win" for him.
Furthermore, it will not deter him from his planned campaign to be a "shadow government" against Biden for the next four years. Trump will register as a candidate for 2024 to hold rallies and raise money, but those rallies also serve his narcissistic need for adulation from his most avid supporters. All his loyalists will take up the messaging -- Tucker Carlson, Laura Ingraham, etc. plus many of his loyal staff and aides. It is the Trump Cult, and he will do whatever he can to keep serving them the Kool Aide. They believe everything he says. It's scary.
Okay having said that Barack Obama did not want to waste time and energy in investigating the Cheney/Bush presidency for their actions in concocting evidence to go to war in Iraq. He was right to do that. But Bush is not in the same league as Trump. Bush went quietly to his home and became a painter. Trump cannot do that. He has to prove himself right...he plays the victim and lies better than any con artist on this planet.
I would like to see what is behind his many actions favorable to Russia. There could be some treasonous activities there, and the only way they might be revealed is through investigations. "Trumpism" will be hard to die, but if Trump has been collaborating with Russia, it is one way to kill "Trumpism" once and for all.
In any case, we'll get a flavor for what will happen when Biden names his Attorney General. If he wants to put out an olive branch to the Trump supporters, the course his Attorney General sets would go a long way in doing that. The only problem is that Republicans are ruthless, and will use it to their advantage the same as they did to Obama.