February 27, 2016

Exposing How Donald Trump Really Made His Fortune: Inheritance from Dad and the Government's Protection Mostly Did the Trick @alternet

Exposing How Donald Trump Really Made His Fortune: Inheritance from Dad and the Government's Protection Mostly Did the Trick @alternet:

"It is critical to note, however, that his father’s success, which granted Donald Trump such a great advantage, was enabled and buffered by governmental financing programs. In 1934, while struggling during the Great Depression, financing from the Federal Housing Administration (FHA) allowed Fred Trump to revive his business and begin building a multitude of homes in Brooklyn, selling at $6,000 apiece."