Nolte: Media Fail to Grasp that Trump’s 30-Year-Old Financial Problems are Part of His Appeal

Trump The Art of the Comeback

The far-left New York Times is hoping to gaslight the American people into believing it just published a “bombshell” about President Trump’s previous financial problems. The only problem is that this ‘bombshell” is not just old news, it is news that is nearly 30-years-old.

It is also no secret. In fact, Trump’s massive financial problems are a big part of his autobiography, even of his appeal. America loves a comeback, someone who won’t quit, and that is Trump.

We’ll start with this video from a decade or so ago where Trump “scoops” this New York Times bombshell about him once being “billions of dollars in debt.”

I should add that this is not some secret video taken during a business meeting or an obscure piece of video of an interview he once gave to CNBC. Nope, this is the opening of his hit network television show The Apprentice.

My name is Donald Trump and I’m the largest real estate developer in New York. I own buildings all over the place, modeling agencies, the Miss Universe Pageant,  jetliners, golf courses, casinos, and private resorts like Mar-a-Lago, one of the most spectacular estates anywhere in the world.

But it wasn’t always so easy. About 13 years ago, I was seriously in trouble; I was billions of dollars and debt and I fought back and I won, big league.

If anything, all the Times did Tuesday was verify that Trump told us the truth.

Oh, and Trump also informed the public of all of this — the heavy losses, the bankruptcies, the failures, and setbacks in The Art of the Comeback, his 1997 bestseller. Yep, 22-years ago, Trump wrote a whole book about what the Times is trying to sell today an important scoop and scandal.

This review from the Library Journal breaks down just how candid Trump’s book was:

Six years ago real estate developer Trump (Trump: The Art of the Deal, LJ 2/15/88) was several billion dollars in debt, owing in part, he says, to his complacency and the Tax Reform Act of 1986. Now, thanks to some skillful negotiating, hard work, and luck, he says he is back. Trump’s goal for this third book is to provide “inspiration” for almost anyone, and some of his top-ten comeback tips are to play golf, stay focused, be paranoid, get even, and always have a prenuptial agreement.

The book’s back cover is just as candid:

Trump’s story begins when many real estate moguls went belly-up in what he calls the Great Depression of 1990.  Trump reveals how he renegotiated millions of dollars in bank loans and survived the recession, paving the way for a resurgence[.]

What’s more, Trump’s financial troubles were Huge News during that time. I lived through that time and remember all of it, including the jokes about how all the chapters in his next book would be 13.

Nevertheless, the New York Times would have you believe this is a breaking story, that we were all hoodwinked by a guy who sold himself as someone who had never faced disaster, who had never filed bankruptcies or nearly went under. Except…

Here are some headlines from the New York Times itself during that time:

Some of those headlines are almost 30 — thirty! — years-old.

Again, the only news the Times broke on Tuesday is that we now have documents backing up Trump’s story — but this was a story everyone knew, a story Trump did not even try to hide during his successful 2016 presidential campaign.

Good grief, here is the New York Times “scooping itself” on this same exact story just two years ago:

And here is Trump admitting to his four bankruptcies at one of the 2016 Republican debates:

What you have to understand where the corrupt New York Times is coming from, which is off the massive humiliation of the Russia Collusion Hoax. Seriously, look at all the lies the Times told us.

In an effort to aid the presidential coup launched by Democrats and the Deep State, for two entire years, the Times deliberately misled its readers with one fake bombshell after another that “proved” Trump colluded with Russia. But now that the Mueller Report has exonerated the president,  the Times is hoping to help partisan Democrats launch an all-new witch hunt using … old news.

Serial liars like Don Lemon can try to mislead the handful of people who still watch his CNN show into believing Trump “pulled the wool” over everyone’s eyes in 2016, but Trump’s pretty amazing comeback is a vital part of his biography, his success story, his legend.

The setbacks Trump faced only make him more appealing because Americans love a comeback, they love a guy who’s been tested by adversity and failure.

In summation, what we have here is a media that 1) is lying about any of this being news , 2) trying to gaslight us into believing it’s a bombshell, and 3) doesn’t understand the appeal of a guy who worked his way back from the edge of the abyss.

Follow John Nolte on Twitter @NolteNC. Follow his Facebook Page here.


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