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Riches-to-Riches Trump Spins Fake Horatio Alger Tale

As he loves to do whenever he talks about himself, Donald Trump on Monday told a Colorado audience that all his business success stemmed from “a small loan” from his father ? a virtual Horatio Alger story. Which would be true ? if, instead of rags-to-riches tales, Alger had written about people who start with massive fortunes and then whittle them away. Because as rich as the Republican presidential nominee is, his stewardship of the $200 million real estate empire he took control of four decades ago has failed to keep pace with either the general real estate market or the economy as a whole.
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