Did Trump Inherit His Money Or Start With Nothing?

Russell Brand The Trews gives his reaction to the news that Donald Trump wants to run for President and build a giant fence between the United States and Mexico.

According to AlterNet:

“Trump was born in New York City in 1946, the son of real estate tycoon Fred Trump. Fred Trump’s 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 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.”

The Trews

(Updated to add link)

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

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One thought on “Did Trump Inherit His Money Or Start With Nothing?

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