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.
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.