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>> yeah. fred trump was a self-made man. when donald did his first big deal converting the decrepit commodore hotel into the grand hyatt. fred trump's very good buddy, mayor a. beam arranged to funnel $400 million to donald. pretty easy to make a big fortune if on top of inheriting money because you were born with a platinum spoon in your mouth, the taxpayers forked over $400 million to you when you're in your 30s. >> america at its best. a tax code that lets you take depreciation allowances against actual real earned income and all of the various ways that municipalities can back door subsidize real estate development. you put all that together. it turns out you can make a lot of money. thank you. still ahead, the harshest response yet from that texas governor rick perry.

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