General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhen will the media let the public know that the Trump
fortune was made off the backs of the Federal Gov't
"Trump was born in New York City in 1946, the son of real estate tycoon Fred Trump. Fred Trumps business success not only provided Donald Trump with a posh youth of private schools and economic security but eventually blessed him with an inheritance worth an estimated $40 million to $200 million. It is critical to note, however, that his fathers 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. Furthermore, throughout World War II, Fred Trump constructed FHA-backed housing for US naval personnel near major shipyards along the East Coast."
http://www.alternet.org/story/156234/exposing_how_donald_trump_really_made_his_fortune%3A_inheritance_from_dad_and_the_government's_protection_mostly_did_the_trick
So basically the government issued loans so people could buy Fred Trumps houses, the media and the public's love with celebrity knows no bounds
Hydra
(14,459 posts)Just like the rest of the 1%. They couldn't do it without all the things that Gov't provides, yet they try to contribute as little as possible it, and stick the rest of us with the bill.
Xipe Totec
(43,890 posts)gabeana
(3,166 posts)Some people are born on third base and go through life thinking they hit a triple.
In case of trump hitting a grand slam with out even having to play the game
alittlelark
(18,890 posts)valerief
(53,235 posts)dgauss
(882 posts)And the media is cashing in, it's good business.
aint_no_life_nowhere
(21,925 posts)Three years ago in an interview with Greta van Sustern on Fox he was very opposed to wind power and solar power, saying they were not viable technologies. I'd like to know if his position has changed. Whoever is the next President has got to look at emerging alternative technologies.
murielm99
(30,741 posts)His supporters are responding to his anger, which mirrors their own anger. Many of them think there is a possibility, however slight, that they might join him as a member of the 1%.
gabeana
(3,166 posts)Republicans still don't know trump is a government funded baby