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On last nights Apprentice, Clay made casual anti-semitic remarks, but Trump wouldn't fire him because Trump felt he was gay and thereby subject to derogatory remarks himself.

What do you think of this?

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I think you got it wrong. Clay called a teammate a "tight-ass jew". He apologized. The teammate told Trump that he accepted the apology and did not believe that Clay was anti-semetic. That is why Trump didn't fire him (that, and the fact that the guy that *did* get fired deserved it).