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Neil Cavuto Gushes Over Trump’s Business Record – And Ignores The Four Bankruptcies

Posted by Brian and Ellen -19pc on February 05, 2012 · Flag

Neil Cavuto devoted his “Common Sense” editorial segment Friday (2/3/12) to Donald Trump. As if there weren’t enough Trump trumpeting on Fox already. But in this case, Cavuto – Fox’s senior vice president of Business News – called Trump “a hell of a businessman” yet avoided mentioning the four bankruptcies he or his businesses have filed. 

”I admit I am biased here,” Cavuto said about his affection for Trump – as if we would never have noticed! “I like Donald Trump,” Cavuto continued, “…. I like his guts, I like how he’s come back from the brink, I like how he keeps score, and does things big, and never forgets a slight.”

Coming “back from the brink” is a nice way to put Trump’s business record. As ABC News reported last year,

“Here’s a guy who’s failed so miserably so many times and it’s not as though he had to claw his way back after seven years in credit hell. He just said. (sic) ‘OK, this isn’t my problem anymore.’ For him, it’s just been a platform to the next money-making scheme,” said Dough Heller, the executive director of Consumer Watchdog.

…(Lynn LoPucki, a bankruptcy expert and professor at UCLA Law School) said it was very unusual for anyone to have that many large businesses go through bankruptcy. Most of the debt Trump incurred was through bonds that were sold to the public.

“People knew who Donald Trump was and for that reason were willing to trust the bonds, and they got burned,” LoPucki said. “The people who invested with him or based on his name lost money, but he himself came out pretty well.”

But Cavuto overlooked those little details the same way he overlooked Trump’s completely discredited birtherism. Or that big investigation in Hawaii Trump was supposedly conducting into the circumstances of President Obama’s birth.

Instead, Cavuto said, "I like his remarkable penchant for buying real estate at just the right time, and becoming a one man brand that has stood the test of time. I like his zigging when others are zagging, I like when he was buying up buildings in downtown Manhattan through and after 9-11… I like how one of those buildings has soared a half a billion bucks in value in a little more than a few years because he did. And how his Florida real estate holdings never got caught up in the meltdown there, because where he bought, did not.

"I like how, years back, when New York City politicians couldn’t get a simple ice-skating rink built, he took things into his own hands, and built it himself. I like how he came up with a show about business novices plucked from obscurity, and made them household names in a matter of episodes… I cover Trump, not because he’s a showman, but because he’s a hell of a businessman… That big, that loud, that good.

So who cares that Trump makes a habit of launching racially-tinged attacks on our president? Not Cavuto! He called Trump “unabashedly, red, white, and blue.”

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truman commented 2012-02-05 10:38:18 -0500 · Flag
Kneel’s unseeemly mancrush on the Combover leaves no time or room for pesky facts.
Antoinette commented 2012-02-05 02:50:25 -0500 · Flag
The Newtbots are livid at The Donald’s endorsement of The Mitt. The D is already receiving backlash from them, via, not staying at his hotels or patronizing anything with his name on it. The boycott against The D by The Newtbots will cost him.

The Newtbots are boycotting Fox “News” and conservative talk radio. According to the bots, they accuse these Fox “News” frauds and talk radio of pumping up The Mitt instead of The Newt.

The GOP Civil War 2012 will have many casualties.
mj - the same one commented 2012-02-05 02:11:22 -0500 · Flag
This is no surprise: when wingnut repubs can endorse Newt Gingrich for president — and ignore the fact he got voted out as House Speaker by his own party — ignoring The Combover’s multiple bankruptcies is easy by comparison . . .

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NewsHounds posted about Neil Cavuto Gushes Over Trump’s Business Record – And Ignores The Four Bankruptcies on NewsHounds' Facebook page 2012-02-05 01:38:35 -0500
Cavuto overlooked those little details just as he overlooked Trump’s discredited birtherism.








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