Nov 26, 2017

Trump's long history of misleading the media

Trump in 1993. Photo: Newshub via AP

Trump has been playing the media like a fiddle for more than 30 years. I was reminded of that fact this week while reading Harry Hurt's 1993 book, "Lost Tycoon: The Many Lives of Donald J. Trump."

Hurt recounts how Trump used the New York tabloids to counter a string of high-profile reports that his real net worth was far below what he claimed and that — far from riding a wave of success — his financial empire was crumbling under mounting debts.

This passage is as revealing as it is amusing:

Donald responds with a desperate disinformation campaign... [He] orders his public relations network to plant rumors in the tabloid press that he is sitting on a multibillion-dollar treasure trove of cash. New York Post columnist Cindy Adams is the first — but by no means the last — to take the bait.

"Everyone's heard tales about how poor D.T. is leveraged out, how even his Taj is up for grabs because he needs money. Bullbleep," Adams writes in her column of May 22 [1990]. Alluding to [a] Forbes cover story without mentioning it by name, she declares that Donald is hardly down to his last half billion dollars. "How these august respectable financial journals overlooked certain hidden pockets in Donald's wallet, I haven't the foggiest... This guy is sitting on 4 billion. Cash. Billion with a 'b.'"

Postscript, per Hurt: "There is, of course, a good reason why rumors of Donald's $4 billion cash hoard have not made the front pages of the financial journals. The rumors are not true. There is also a good reason why Donald feels it is so important to spread such rumors. He needs people to believe that they are true in order to stave off a run on his empire."

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Coronavirus dashboard

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  1. Global: Total confirmed cases as of 7 p.m. ET: 1,094,068 — Total deaths: 58,773 — Total recoveries: 225,519Map.
  2. U.S.: Total confirmed cases as of 6 p.m. ET: 273,880 — Total deaths: 7,077 — Total recoveries: 9,521Map.
  3. Public health latest: The CDC is recommending Americans wear face coverings in public to help stop the spread of the coronavirus.
  4. 2020 latest: Wisconsin's governor called for a last-minute primary election delay. "I think a lot of people cheat with mail-in voting," President Trump said on the 2020 election, as more states hold primaries by mail.
  5. Business updates: America's small business bailout is off to a bad start. The DOT is urging airlines to refund passengers due to canceled or rescheduled flights, but won't take action against airlines that provide vouchers or credits.
  6. Oil latest: The amount of gas American drivers are consuming dropped to levels not seen in more than 25 years, government data shows. Trump is calling on the Energy Department to find more places to store oil.
  7. Tech updates: Twitter will allow ads containing references to the coronavirus under certain use cases.
  8. U.S.S. Theodore Roosevelt: Senators call for independent investigation into firing of Navy captain.
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Government will cover uninsured patients' coronavirus treatment

Azar at Friday's briefing. Photo: Win McNamee/Getty Images

The federal government will cover the costs of coronavirus treatment for the uninsured, Health and Human Services Secretary Alex Azar said at a White House briefing Friday.

How it works: The money will come from a $100 billion pot set aside for the health care industry in the most recent stimulus bill. Providers will be paid the same rates they get for treating Medicare patients, and as a condition of those payments, they won't be allowed to bill patients for care that isn't covered.

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Data: Axios reporting; Map: Danielle Alberti/Axios

Alabama Gov. Kay Ivey issued a stay-at-home order on Friday as the novel coronavirus pandemic persists. The order goes into effect Saturday at 5 p.m. and will remain in place through April 30. Missouri Gov. Mike Parson also issued a statewide social distancing order on Friday.

The big picture: In a matter of weeks, the number of states that issued orders nearly quadrupled, affecting almost 300 million Americans.

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