Stalin
Well-Known Member
- Joined
- Apr 4, 2008
- Messages
- 3,081
The 24 carat hypocrites trump and musk are experts at sucking as much dosh out of the federal accounts as they possible can
"..President Donald Trump is making good on his promised threat to “dismantle Government bureaucracy” and “cut wasteful expenditures,” issuing orders to choke off the funding pipeline for federal grants and assistance programs.
The hypocrisy is breathtaking because government spending, particularly the generous big-landlord benefits baked into U.S. law and tax policy, forms the very foundation of Trump’s own wealth.
The Trump real estate fortune was built by hundreds of millions of dollars in government subsidies and huge tax breaks, none of which are available to the working people Trump is hurting with his current attacks.
Trump became wealthy the traditional American way: he was born into it. As most thoroughly described in Samuel Stein’s excellent 2019 book, Capital City: Gentrification and the Real Estate State, Donald’s father Fred’s real estate empire began with Brooklyn and Queens housing developments financed by the Federal Housing Administration (FHA).
For some of those Trump developments, the path was literally cleared by government demolition of existing homes and buildings.
Fred Trump’s appetite for government funding was so voracious that he was investigated by the Senate Banking Committee for defrauding post-World War II government housing programs by lying about the costs of his projects.
That was not the only investigation targeting Fred Trump’s government-funded properties. His Maryland buildings were so decrepit and his ignoring of the residents’ pleas for help and city orders to repair so blatant that the elder Trump was actually arrested in 1976 for operating a “slum property.”
A U.S. Department of Justice discrimination lawsuit during the same era showed that the Trump properties systematically blocked Black prospective renters, using racist practices like attaching to their applications a paper bearing a big letter “C” — for Colored — so they could be rejected out of hand.
That federal housing discrimination lawsuit, filed in 1973, did not just name Fred Trump. It also included the company’s president, his 27-year-old son Donald.
more grift, graft and corruption at https://consortiumnews.com/2025/02/10/the-government-funded-landlord-trump/
comrade stalin
moscow
"..President Donald Trump is making good on his promised threat to “dismantle Government bureaucracy” and “cut wasteful expenditures,” issuing orders to choke off the funding pipeline for federal grants and assistance programs.
The hypocrisy is breathtaking because government spending, particularly the generous big-landlord benefits baked into U.S. law and tax policy, forms the very foundation of Trump’s own wealth.
The Trump real estate fortune was built by hundreds of millions of dollars in government subsidies and huge tax breaks, none of which are available to the working people Trump is hurting with his current attacks.
Trump became wealthy the traditional American way: he was born into it. As most thoroughly described in Samuel Stein’s excellent 2019 book, Capital City: Gentrification and the Real Estate State, Donald’s father Fred’s real estate empire began with Brooklyn and Queens housing developments financed by the Federal Housing Administration (FHA).
For some of those Trump developments, the path was literally cleared by government demolition of existing homes and buildings.
Fred Trump’s appetite for government funding was so voracious that he was investigated by the Senate Banking Committee for defrauding post-World War II government housing programs by lying about the costs of his projects.
That was not the only investigation targeting Fred Trump’s government-funded properties. His Maryland buildings were so decrepit and his ignoring of the residents’ pleas for help and city orders to repair so blatant that the elder Trump was actually arrested in 1976 for operating a “slum property.”
A U.S. Department of Justice discrimination lawsuit during the same era showed that the Trump properties systematically blocked Black prospective renters, using racist practices like attaching to their applications a paper bearing a big letter “C” — for Colored — so they could be rejected out of hand.
That federal housing discrimination lawsuit, filed in 1973, did not just name Fred Trump. It also included the company’s president, his 27-year-old son Donald.
more grift, graft and corruption at https://consortiumnews.com/2025/02/10/the-government-funded-landlord-trump/
comrade stalin
moscow
