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VAN SUSTEREN: Well, here's what he said in Dover, New Hampshire. He said, "I pledge that under my plan, no one making less than $250,000 a year will see any type of tax increase, not income tax, not capital gains tax, not any kind of tax."
TRUMP: Well, I think that's wonderful and I hope that can happen, but I guess he's got trillion-dollar deficits that nobody ever heard -- you know, we never heard the word "trillion" before, now we're hearing the word "trillion." So it's going to be a tough situation. Again, a vast majority of the money needed has to come from a vast majority of people. And it's very interesting because they say tax the wealthy, and as you know, the tax -- the wealthy are being very heavily taxed, but the wealthy make up a very, very small portion of the ultimate taxes needed, Greta.
VAN SUSTEREN: What is your thought about the health care reform that is being at least proposed, at this point?
TRUMP: Well, I think it's noble, except I just don't know how a country that's in such debt -- we are really a debtor nation right now, and I just don't know how a country in this kind of trouble can afford it. It's very -- I love the idea, but can this country afford it? Will it destroy the country? Will it destroy other people that have been paying into health care for years? I mean, will that destroy other people? It's a very, very tough situation. I love it from many standpoints, but can this country afford it? And maybe this isn't the right time.
VAN SUSTEREN: The president and the Congress passed a $787 billion stimulus package in February. Are you seeing positive effects, negative effects, or is it still just sort of neutral?
TRUMP: Well, I don't see any effect at all. I can tell you that from a standpoint of business, the business is just very average and less than average, and I have not seen the effect. I think that perhaps it'll have an effect, but it'll also have an effect on the country because it's -- you know, it's borrowing so much money to create stimulus. And whether or not it's the right stimulus, you have to find out. We'll know about that in two years. But I have not seen much of an effect.
I can tell you this. OPEC is raising oil prices and absolutely draining and sucking the blood out of the country. There's no reason for $70 oil. That's very expensive. And OPEC is doing its thing. And as usual, nobody does anything about OPEC. You know, they like to blame it on speculators. Speculators are peanuts by compared to the power that OPEC has. So OPEC is draining the life blood out of this country, number one.
And number two, we're going to see what happens, and you know, over a period of time, but if oil prices continue at this level -- I've always been told by the smartest people if oil is over $20 to $30 a barrel, you've got yourself a big problem. And again, nobody brings it up. Interest rates, hopefully, will stay low. But the biggest problem is banks are not loaning money. So between OPEC and the banks, we've got ourselves problem. The banks are not loaning money. No matter who you are, no matter how rich you are, if you want to go and borrow money to create a big job or do some great, noble thing where lots of people go to work, you cannot go to a bank to borrow money.
VAN SUSTEREN: So what -- if you were president, what would you do about the fact that OPEC -- the price of oil is shooting up, and the second thing is that the banks aren't losing (SIC) money? If it were President Trump today, what would you do?
TRUMP: Well, the first thing I'd do is get my biggest, smartest person, my toughest, smartest person, and have them negotiating, and I would try and divide OPEC because what they do -- any time anybody strikes oil, they invite them into OPEC. If you have a store and I have a store and we set prices, we go to jail. OPEC is totally setting the price of oil and destroying many countries because of it! I mean, destroying -- this country, the biggest problem we have is OPEC. And it ultimately got us into a problem. We had $150-a-barrel oil and it got us into a very big problem. Now oil that should be $20 a barrel is at $70 a barrel, and this country can't afford it. The other thing is, they gave billions and billions of dollars to the banks, and the banks aren't loaning the money!
VAN SUSTEREN: So what do you do? How do you put your foot on the throat of these banks to loan the money that has now been given to them (INAUDIBLE)
TRUMP: You have to force the banks to loan money that you gave and the taxpayers gave. They are just sitting there, not loaning the money. They're building up their balance sheets, and it's disgraceful. That's number one.
And you have to do something about OPEC. OPEC has to be destroyed in the sense -- in an economic sense. You have to do something about OPEC. They can't -- it really is an illegal situation that they're doing from any standpoint in most countries. But they're doing it and they laugh. The truth is, I know people involved with OPEC. They laugh at the stupidity of our country. They laugh at us. They laugh at the stupidity of our politicians in this country. They do whatever they want to do.
There's oil all over the world in tankers. They can't even bring them in because there's so much oil. And OPEC has $70-a-barrel oil. They are laughing at the stupidity of our leaders!
Breaking News | Latest News | Current News - FOXNews.com
Donald Trump went "On The Record" yesterday with some stinging comments about the current situation....
An exerpt...
VAN SUSTEREN: The president and the Congress passed a $787 billion stimulus package in February. Are you seeing positive effects, negative effects, or is it still just sort of neutral?
TRUMP: Well, I don't see any effect at all. I can tell you that from a standpoint of business, the business is just very average and less than average, and I have not seen the effect. I think that perhaps it'll have an effect, but it'll also have an effect on the country because it's -- you know, it's borrowing so much money to create stimulus. And whether or not it's the right stimulus, you have to find out. We'll know about that in two years. But I have not seen much of an effect.
I can tell you this. OPEC is raising oil prices and absolutely draining and sucking the blood out of the country. There's no reason for $70 oil. That's very expensive. And OPEC is doing its thing. And as usual, nobody does anything about OPEC. You know, they like to blame it on speculators. Speculators are peanuts by compared to the power that OPEC has. So OPEC is draining the life blood out of this country, number one.
And number two, we're going to see what happens, and you know, over a period of time, but if oil prices continue at this level -- I've always been told by the smartest people if oil is over $20 to $30 a barrel, you've got yourself a big problem. And again, nobody brings it up. Interest rates, hopefully, will stay low. But the biggest problem is banks are not loaning money. So between OPEC and the banks, we've got ourselves problem. The banks are not loaning money. No matter who you are, no matter how rich you are, if you want to go and borrow money to create a big job or do some great, noble thing where lots of people go to work, you cannot go to a bank to borrow money.
VAN SUSTEREN: So what -- if you were president, what would you do about the fact that OPEC -- the price of oil is shooting up, and the second thing is that the banks aren't losing (SIC) money? If it were President Trump today, what would you do?
TRUMP: Well, the first thing I'd do is get my biggest, smartest person, my toughest, smartest person, and have them negotiating, and I would try and divide OPEC because what they do -- any time anybody strikes oil, they invite them into OPEC. If you have a store and I have a store and we set prices, we go to jail. OPEC is totally setting the price of oil and destroying many countries because of it! I mean, destroying -- this country, the biggest problem we have is OPEC. And it ultimately got us into a problem. We had $150-a-barrel oil and it got us into a very big problem. Now oil that should be $20 a barrel is at $70 a barrel, and this country can't afford it. The other thing is, they gave billions and billions of dollars to the banks, and the banks aren't loaning the money!
VAN SUSTEREN: So what do you do? How do you put your foot on the throat of these banks to loan the money that has now been given to them (INAUDIBLE)
TRUMP: You have to force the banks to loan money that you gave and the taxpayers gave. They are just sitting there, not loaning the money. They're building up their balance sheets, and it's disgraceful. That's number one.
And you have to do something about OPEC. OPEC has to be destroyed in the sense -- in an economic sense. You have to do something about OPEC. They can't -- it really is an illegal situation that they're doing from any standpoint in most countries. But they're doing it and they laugh. The truth is, I know people involved with OPEC. They laugh at the stupidity of our country. They laugh at us. They laugh at the stupidity of our politicians in this country. They do whatever they want to do.
There's oil all over the world in tankers. They can't even bring them in because there's so much oil. And OPEC has $70-a-barrel oil. They are laughing at the stupidity of our leaders!
Breaking News | Latest News | Current News - FOXNews.com
Donald Trump went "On The Record" yesterday with some stinging comments about the current situation....
An exerpt...
VAN SUSTEREN: The president and the Congress passed a $787 billion stimulus package in February. Are you seeing positive effects, negative effects, or is it still just sort of neutral?
TRUMP: Well, I don't see any effect at all. I can tell you that from a standpoint of business, the business is just very average and less than average, and I have not seen the effect. I think that perhaps it'll have an effect, but it'll also have an effect on the country because it's -- you know, it's borrowing so much money to create stimulus. And whether or not it's the right stimulus, you have to find out. We'll know about that in two years. But I have not seen much of an effect.
I can tell you this. OPEC is raising oil prices and absolutely draining and sucking the blood out of the country. There's no reason for $70 oil. That's very expensive. And OPEC is doing its thing. And as usual, nobody does anything about OPEC. You know, they like to blame it on speculators. Speculators are peanuts by compared to the power that OPEC has. So OPEC is draining the life blood out of this country, number one.
And number two, we're going to see what happens, and you know, over a period of time, but if oil prices continue at this level -- I've always been told by the smartest people if oil is over $20 to $30 a barrel, you've got yourself a big problem. And again, nobody brings it up. Interest rates, hopefully, will stay low. But the biggest problem is banks are not loaning money. So between OPEC and the banks, we've got ourselves problem. The banks are not loaning money. No matter who you are, no matter how rich you are, if you want to go and borrow money to create a big job or do some great, noble thing where lots of people go to work, you cannot go to a bank to borrow money.
VAN SUSTEREN: So what -- if you were president, what would you do about the fact that OPEC -- the price of oil is shooting up, and the second thing is that the banks aren't losing (SIC) money? If it were President Trump today, what would you do?
TRUMP: Well, the first thing I'd do is get my biggest, smartest person, my toughest, smartest person, and have them negotiating, and I would try and divide OPEC because what they do -- any time anybody strikes oil, they invite them into OPEC. If you have a store and I have a store and we set prices, we go to jail. OPEC is totally setting the price of oil and destroying many countries because of it! I mean, destroying -- this country, the biggest problem we have is OPEC. And it ultimately got us into a problem. We had $150-a-barrel oil and it got us into a very big problem. Now oil that should be $20 a barrel is at $70 a barrel, and this country can't afford it. The other thing is, they gave billions and billions of dollars to the banks, and the banks aren't loaning the money!
VAN SUSTEREN: So what do you do? How do you put your foot on the throat of these banks to loan the money that has now been given to them (INAUDIBLE)
TRUMP: You have to force the banks to loan money that you gave and the taxpayers gave. They are just sitting there, not loaning the money. They're building up their balance sheets, and it's disgraceful. That's number one.
And you have to do something about OPEC. OPEC has to be destroyed in the sense -- in an economic sense. You have to do something about OPEC. They can't -- it really is an illegal situation that they're doing from any standpoint in most countries. But they're doing it and they laugh. The truth is, I know people involved with OPEC. They laugh at the stupidity of our country. They laugh at us. They laugh at the stupidity of our politicians in this country. They do whatever they want to do.
There's oil all over the world in tankers. They can't even bring them in because there's so much oil. And OPEC has $70-a-barrel oil. They are laughing at the stupidity of our leaders!
Breaking News | Latest News | Current News - FOXNews.com
Wait, you mean foreign countries don't follow US laws? Who woulda thought?
Break up OPEC? Yeah, good luck with that.
Donald Trump went "On The Record" yesterday with some stinging comments about the current situation....
An exerpt...
Wait, you mean foreign countries don't follow US laws? Who woulda thought?
Break up OPEC? Yeah, good luck with that.
I suppose you think more kowtowing is in order.....and windmills....good luck with that...
Wait, you mean foreign countries don't follow US laws? Who woulda thought?
Break up OPEC? Yeah, good luck with that.
I suppose you think more kowtowing is in order.....and windmills....good luck with that...
Yes, actually. Unless you think the US economy can run on magic fairy dust when the oil runs out?
I suppose you think more kowtowing is in order.....and windmills....good luck with that...
Yes, actually. Unless you think the US economy can run on magic fairy dust when the oil runs out?
....unlike you who thinks the US can run on magic fairy farts fanning windmills...
No. The Baby Jesus will save Amurka. One nation under God.....None of the others are. Ask Coulter, Hannutsy and Limbaloney.Yes, actually. Unless you think the US economy can run on magic fairy dust when the oil runs out?
Yes, actually. Unless you think the US economy can run on magic fairy dust when the oil runs out?
....unlike you who thinks the US can run on magic fairy farts fanning windmills...
Try lying a little bit less, eh?
I suppose you think more kowtowing is in order.....and windmills....good luck with that...
Yes, actually. Unless you think the US economy can run on magic fairy dust when the oil runs out?
....unlike you who thinks the US can run on magic fairy farts fanning windmills...
Yes, actually. Unless you think the US economy can run on magic fairy dust when the oil runs out?
....unlike you who thinks the US can run on magic fairy farts fanning windmills...
So apparently you think that major investment is NOT already in alternative energy? Think again. If you see investment in new oil refineries anywhere on this page, do let us know.
Renewable, Hydrogen, Fuel Cells, Nuclear, Solar, Wind Energy Business Market Research, Industry Trends, Technologies, Statistics, Research, Development
Donald Trump is going to "divide" OPEC? How funny. Will he use one of his apprentices to show 'em how the USA wants oil prices to look?
Poor "hair." Such sage advice on all points from a man who wouldn't be worth a dime if he didn't take advantage of a basic human weakness--the attraction to gambling. It's his casinos that prop up everything else he does.
Donald Trump is going to "divide" OPEC? How funny. Will he use one of his apprentices to show 'em how the USA wants oil prices to look?
Poor "hair." Such sage advice on all points from a man who wouldn't be worth a dime if he didn't take advantage of a basic human weakness--the attraction to gambling. It's his casinos that prop up everything else he does.
There you go again spouting your absolute ignorance about nearly everything you attempt to share in here.
Trump Entertainment Resorts has been a name-only operation for some time. He has since resigned from the board though is attempting to buy back the company during its most recent bankruptcy process. They have been far more a burden than a blessing regarding Trump's bottom line.
Trump's primary revenue stream is his brand name. Many of the buildings with the Trump name on them are actually owned and operated by other developers. They pay Trump a substantial licensing fee. It is this operation that makes up the most valuable portion of Trump Inc - over half a billion dollars.
The comments by Trump in this thread are indicative of the growing agitation and uncertainty by American business in response to the Obama administration.
Cap and Trade
Health Care
Proposed increases in corporate taxes
Eliminate of corporate tax credits
Out of control deficit spending
All of these things and more are making American business extremely nervous.
Trump simply voiced those collective concerns - concerns many of us share as well.
The comments by Trump in this thread are indicative of the growing agitation and uncertainty by American business in response to the Obama administration.
Cap and Trade
Health Care
Proposed increases in corporate taxes
Eliminate of corporate tax credits
Out of control deficit spending
All of these things and more are making American business extremely nervous.
Trump simply voiced those collective concerns - concerns many of us share as well.
It’s $61 per barrel now. So trumps not living up to trumps own expectations.Donald Trump went "On The Record" yesterday with some stinging comments about the current situation....
An exerpt...
VAN SUSTEREN: Well, here's what he said in Dover, New Hampshire. He said, "I pledge that under my plan, no one making less than $250,000 a year will see any type of tax increase, not income tax, not capital gains tax, not any kind of tax."
TRUMP: Well, I think that's wonderful and I hope that can happen, but I guess he's got trillion-dollar deficits that nobody ever heard -- you know, we never heard the word "trillion" before, now we're hearing the word "trillion." So it's going to be a tough situation. Again, a vast majority of the money needed has to come from a vast majority of people. And it's very interesting because they say tax the wealthy, and as you know, the tax -- the wealthy are being very heavily taxed, but the wealthy make up a very, very small portion of the ultimate taxes needed, Greta.
VAN SUSTEREN: What is your thought about the health care reform that is being at least proposed, at this point?
TRUMP: Well, I think it's noble, except I just don't know how a country that's in such debt -- we are really a debtor nation right now, and I just don't know how a country in this kind of trouble can afford it. It's very -- I love the idea, but can this country afford it? Will it destroy the country? Will it destroy other people that have been paying into health care for years? I mean, will that destroy other people? It's a very, very tough situation. I love it from many standpoints, but can this country afford it? And maybe this isn't the right time.
VAN SUSTEREN: The president and the Congress passed a $787 billion stimulus package in February. Are you seeing positive effects, negative effects, or is it still just sort of neutral?
TRUMP: Well, I don't see any effect at all. I can tell you that from a standpoint of business, the business is just very average and less than average, and I have not seen the effect. I think that perhaps it'll have an effect, but it'll also have an effect on the country because it's -- you know, it's borrowing so much money to create stimulus. And whether or not it's the right stimulus, you have to find out. We'll know about that in two years. But I have not seen much of an effect.
I can tell you this. OPEC is raising oil prices and absolutely draining and sucking the blood out of the country. There's no reason for $70 oil. That's very expensive. And OPEC is doing its thing. And as usual, nobody does anything about OPEC. You know, they like to blame it on speculators. Speculators are peanuts by compared to the power that OPEC has. So OPEC is draining the life blood out of this country, number one.
And number two, we're going to see what happens, and you know, over a period of time, but if oil prices continue at this level -- I've always been told by the smartest people if oil is over $20 to $30 a barrel, you've got yourself a big problem. And again, nobody brings it up. Interest rates, hopefully, will stay low. But the biggest problem is banks are not loaning money. So between OPEC and the banks, we've got ourselves problem. The banks are not loaning money. No matter who you are, no matter how rich you are, if you want to go and borrow money to create a big job or do some great, noble thing where lots of people go to work, you cannot go to a bank to borrow money.
VAN SUSTEREN: So what -- if you were president, what would you do about the fact that OPEC -- the price of oil is shooting up, and the second thing is that the banks aren't losing (SIC) money? If it were President Trump today, what would you do?
TRUMP: Well, the first thing I'd do is get my biggest, smartest person, my toughest, smartest person, and have them negotiating, and I would try and divide OPEC because what they do -- any time anybody strikes oil, they invite them into OPEC. If you have a store and I have a store and we set prices, we go to jail. OPEC is totally setting the price of oil and destroying many countries because of it! I mean, destroying -- this country, the biggest problem we have is OPEC. And it ultimately got us into a problem. We had $150-a-barrel oil and it got us into a very big problem. Now oil that should be $20 a barrel is at $70 a barrel, and this country can't afford it. The other thing is, they gave billions and billions of dollars to the banks, and the banks aren't loaning the money!
VAN SUSTEREN: So what do you do? How do you put your foot on the throat of these banks to loan the money that has now been given to them (INAUDIBLE)
TRUMP: You have to force the banks to loan money that you gave and the taxpayers gave. They are just sitting there, not loaning the money. They're building up their balance sheets, and it's disgraceful. That's number one.
And you have to do something about OPEC. OPEC has to be destroyed in the sense -- in an economic sense. You have to do something about OPEC. They can't -- it really is an illegal situation that they're doing from any standpoint in most countries. But they're doing it and they laugh. The truth is, I know people involved with OPEC. They laugh at the stupidity of our country. They laugh at us. They laugh at the stupidity of our politicians in this country. They do whatever they want to do.
There's oil all over the world in tankers. They can't even bring them in because there's so much oil. And OPEC has $70-a-barrel oil. They are laughing at the stupidity of our leaders!
Breaking News | Latest News | Current News - FOXNews.com
What would he do? He hired Rex tillerson then fired himDonald Trump went "On The Record" yesterday with some stinging comments about the current situation....
An exerpt...
VAN SUSTEREN: Well, here's what he said in Dover, New Hampshire. He said, "I pledge that under my plan, no one making less than $250,000 a year will see any type of tax increase, not income tax, not capital gains tax, not any kind of tax."
TRUMP: Well, I think that's wonderful and I hope that can happen, but I guess he's got trillion-dollar deficits that nobody ever heard -- you know, we never heard the word "trillion" before, now we're hearing the word "trillion." So it's going to be a tough situation. Again, a vast majority of the money needed has to come from a vast majority of people. And it's very interesting because they say tax the wealthy, and as you know, the tax -- the wealthy are being very heavily taxed, but the wealthy make up a very, very small portion of the ultimate taxes needed, Greta.
VAN SUSTEREN: What is your thought about the health care reform that is being at least proposed, at this point?
TRUMP: Well, I think it's noble, except I just don't know how a country that's in such debt -- we are really a debtor nation right now, and I just don't know how a country in this kind of trouble can afford it. It's very -- I love the idea, but can this country afford it? Will it destroy the country? Will it destroy other people that have been paying into health care for years? I mean, will that destroy other people? It's a very, very tough situation. I love it from many standpoints, but can this country afford it? And maybe this isn't the right time.
VAN SUSTEREN: The president and the Congress passed a $787 billion stimulus package in February. Are you seeing positive effects, negative effects, or is it still just sort of neutral?
TRUMP: Well, I don't see any effect at all. I can tell you that from a standpoint of business, the business is just very average and less than average, and I have not seen the effect. I think that perhaps it'll have an effect, but it'll also have an effect on the country because it's -- you know, it's borrowing so much money to create stimulus. And whether or not it's the right stimulus, you have to find out. We'll know about that in two years. But I have not seen much of an effect.
I can tell you this. OPEC is raising oil prices and absolutely draining and sucking the blood out of the country. There's no reason for $70 oil. That's very expensive. And OPEC is doing its thing. And as usual, nobody does anything about OPEC. You know, they like to blame it on speculators. Speculators are peanuts by compared to the power that OPEC has. So OPEC is draining the life blood out of this country, number one.
And number two, we're going to see what happens, and you know, over a period of time, but if oil prices continue at this level -- I've always been told by the smartest people if oil is over $20 to $30 a barrel, you've got yourself a big problem. And again, nobody brings it up. Interest rates, hopefully, will stay low. But the biggest problem is banks are not loaning money. So between OPEC and the banks, we've got ourselves problem. The banks are not loaning money. No matter who you are, no matter how rich you are, if you want to go and borrow money to create a big job or do some great, noble thing where lots of people go to work, you cannot go to a bank to borrow money.
VAN SUSTEREN: So what -- if you were president, what would you do about the fact that OPEC -- the price of oil is shooting up, and the second thing is that the banks aren't losing (SIC) money? If it were President Trump today, what would you do?
TRUMP: Well, the first thing I'd do is get my biggest, smartest person, my toughest, smartest person, and have them negotiating, and I would try and divide OPEC because what they do -- any time anybody strikes oil, they invite them into OPEC. If you have a store and I have a store and we set prices, we go to jail. OPEC is totally setting the price of oil and destroying many countries because of it! I mean, destroying -- this country, the biggest problem we have is OPEC. And it ultimately got us into a problem. We had $150-a-barrel oil and it got us into a very big problem. Now oil that should be $20 a barrel is at $70 a barrel, and this country can't afford it. The other thing is, they gave billions and billions of dollars to the banks, and the banks aren't loaning the money!
VAN SUSTEREN: So what do you do? How do you put your foot on the throat of these banks to loan the money that has now been given to them (INAUDIBLE)
TRUMP: You have to force the banks to loan money that you gave and the taxpayers gave. They are just sitting there, not loaning the money. They're building up their balance sheets, and it's disgraceful. That's number one.
And you have to do something about OPEC. OPEC has to be destroyed in the sense -- in an economic sense. You have to do something about OPEC. They can't -- it really is an illegal situation that they're doing from any standpoint in most countries. But they're doing it and they laugh. The truth is, I know people involved with OPEC. They laugh at the stupidity of our country. They laugh at us. They laugh at the stupidity of our politicians in this country. They do whatever they want to do.
There's oil all over the world in tankers. They can't even bring them in because there's so much oil. And OPEC has $70-a-barrel oil. They are laughing at the stupidity of our leaders!
Breaking News | Latest News | Current News - FOXNews.com
