Latest / Real Donald Trump Wisdom / DJT Audio Archive: Trump Tower Escalator Speech - Presidential Campaign Announcement (June 16, 2015)

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DJT Audio Archive: Trump Tower Escalator Speech - Presidential Campaign Announcement (June 16, 2015) · Real Donald Trump Wisdom

1:34
So nice. Thank you very much. That's really nice.
1:37
Thank you. It's great to be at Trump Tower. It's
1:40
great to be in a wonderful city, New York. And
1:44
it's an honor to have everybody here. This is
1:46
beyond anybody's expectations. There's been no
1:49
crowd like this. And I can tell you, some of
1:53
the candidates they went in, they didn't know
1:55
the air conditioner didn't work. They sweated
1:58
like dogs. They didn't know the room was too
2:02
big because they didn't have anybody there. How
2:06
are they going to beat ISIS? I don't think it's
2:09
going to happen. Our country is in serious trouble.
2:15
We don't have victories anymore. We used to have
2:20
victories, but we don't have them. When was the
2:22
last time anybody saw us beating, let's say,
2:27
China? in a trade deal, they kill us. I beat
2:33
China all the time. All the time. When did we
2:39
beat Japan at anything? They send their cars
2:45
over by the millions. And what do we do? When
2:50
was the last time you saw a Chevrolet in Tokyo?
2:55
It doesn't exist, folks. They beat us all the
2:59
time. When do we beat Mexico at the border? They're
3:04
laughing at us, at our stupidity. And now they're
3:08
beating us economically. They are not our friend,
3:10
believe me. But they're killing us economically.
3:14
The U .S. has become a dumping ground for everybody
3:21
else's problems. Thank you. It's true. And these
3:31
are the best and the finest. When Mexico sends
3:35
its people, they're not sending their best. They're
3:38
not sending you. They're not sending you. They're
3:42
sending people that have lots of problems, and
3:46
they're bringing those problems with us. They're
3:49
bringing drugs. They're bringing crime. They're
3:52
rapists. And some... I assume are good people.
3:56
But I speak to border guards, and they tell us
3:59
what we're getting. And it only makes common
4:01
sense. It only makes common sense. They're sending
4:05
us not the right people. It's coming from more
4:08
than Mexico. It's coming from all over South
4:11
and Latin America, and it's coming probably,
4:14
probably from the Middle East. But we don't know,
4:19
because we have no protection, and we have no
4:21
competence. We don't know what's happening. And
4:24
it's got to stop. And it's got to stop fast.
4:31
Islamic terrorism is eating up large portions
4:36
of the Middle East. They've become rich. I'm
4:43
in competition with them. They just built a hotel
4:46
in Syria. Can you believe this? They built a
4:49
hotel. When I have to build a hotel, I pay interest.
4:53
They don't have to pay interest because they
4:55
took the oil that when we left Iraq, I said we
4:59
should have taken. So now ISIS has the oil. And
5:06
what they don't have, Iran has. And in 19, and
5:11
I will tell you this, and I said it very strongly,
5:14
years ago, I said... And I love the military
5:18
and I want to have the strongest military that
5:21
we've ever had. And we need it more now than
5:23
ever. But I said, don't hit Iraq because you're
5:27
going to totally destabilize the Middle East.
5:30
Iran is going to take over the Middle East. Iran
5:33
and somebody else will get the oil. And it turned
5:37
out that Iran is now taking over Iraq. Think
5:40
of it. Iran is taking over Iraq. And they're
5:45
taking it over big league. We spent two trillion
5:49
dollars in Iraq. Two trillion. We lost thousands
5:55
of lives. Thousands in Iraq. We have wounded
5:59
soldiers who I love. I love. They're great. All
6:04
over the place. Thousands and thousands of wounded
6:08
soldiers. And we have nothing. We can't even
6:13
go there. We have nothing. And every time we
6:17
give Iraq equipment, the first time a bullet
6:20
goes off in the air, they leave it. Last week
6:24
I read 2 ,300 Humvees. These are big vehicles
6:31
were left behind for the enemy. 2 ,000, you would
6:35
say maybe two, maybe four. 2 ,300 sophisticated
6:42
vehicles they ran. And the enemy took them. You're
6:49
right. Last quarter, it was just announced, our
6:58
gross domestic product, a sign of strength, right?
7:04
But not for us. It was below zero. Who ever heard
7:10
of this? It's never below zero. Our labor participation
7:15
rate was the worst since 1978. But think of it,
7:22
GDP below zero. Horrible labor participation
7:25
rate. And our real unemployment is anywhere from
7:29
18 to 20%. Don't believe the 5 .6. Don't believe
7:34
it. That's right, a lot of people up there can't
7:36
get jobs. They can't get jobs because there are
7:40
no jobs because China has our jobs and Mexico
7:43
has our jobs. They all have a jobs But the real
7:47
number the real number Is anywhere from 18 to
7:52
19 and maybe even 21 % and nobody talks about
7:56
it because it's a statistic That's full of nonsense
8:07
our enemies are getting stronger and stronger
8:11
by the day and we as a country are getting weaker
8:16
even our nuclear arsenal doesn't work it came
8:22
out recently they have equipment that's 30 years
8:26
old they don't even know if it worked and i thought
8:28
it was horrible when it was broadcast on television
8:31
because boy does that send signals to putin and
8:36
all of the other people that look at us and they
8:39
say that is a group of people and that is a nation
8:44
calling from arlington virginia democrats line
8:46
hi rick hello speaking hi all right i got you
8:52
thanks we have a disaster called the big lie
8:59
obama care obama care Yesterday it came out that
9:07
costs are going for people up 29, 39, 49, and
9:14
even 55%. And deductibles are through the roof.
9:20
You have to get hit by a tractor, literally a
9:23
tractor, to use it. Because the deductibles are
9:28
so high, it's virtually useless. It is a disaster.
9:32
And remember the $5 billion website. $5 billion
9:39
we spent on a website. And to this day, it doesn't
9:42
work. A $5 billion website. I have so many websites.
9:47
I have them all over the place. I hire people.
9:50
They do a website. It cost me $3. $5 billion
9:55
website. Well, you need somebody, because politicians
10:11
are all talk, no action. Nothing's going to get
10:16
done. They will not bring us, believe me, to
10:19
the promised land. They will not. As an example,
10:24
I've been on the circuit making speeches, and
10:26
I hear my fellow Republicans, and they're wonderful
10:30
people. I like them. They all want me to support
10:33
them. They don't know how to bring it about.
10:35
They come up to my office. I'm meeting with three
10:38
of them in the next week. And they don't know.
10:41
Are you running? Are you not running? Could we
10:45
have your support? What do we do? How do we do
10:49
it? I like them. And I hear their speeches. And
10:52
they don't talk jobs and they don't talk China.
10:54
When was the last time you heard, China's killing
10:56
us? They're devaluing their currency to a level
11:00
that you wouldn't believe it makes it impossible
11:02
for our companies to compete. Impossible. They're
11:08
killing us. But you don't hear that from anybody
11:10
else. You don't hear it from anybody else. And
11:14
I watched the speeches. Thank you. I watched
11:20
the speeches of these people, and they say, the
11:24
sun will rise, the moon will set, all sorts of
11:29
wonderful things will happen. And people are
11:32
saying, what's going on? I just want a job. Just
11:37
get me a job. I don't need the rhetoric. I want
11:40
a job. And that's what's happening. And it's
11:43
going to get worse, because remember, Obamacare
11:47
really kicks in in 16, 2016. Obama is going to
11:52
be out playing golf. He might even be on one
11:54
of my courses. I would invite him. I actually
11:56
would say. I have the best courses in the world,
11:59
so I'd say, you know what, if you want to see,
12:00
I have one right next to the White House. Right
12:03
on the Potomac. If he'd like to play, that's
12:05
fine. In fact, I'd love him to leave early and
12:08
play. That would be a very good thing. But Obamacare
12:13
kicks in in 2016. Really big league. It is going
12:20
to be amazingly destructive. Doctors are quitting.
12:24
I have a friend who's a doctor, and he said to
12:27
me the other day, Donald, I never saw anything
12:30
like it. I have more accountants than I have
12:33
nurses. It's a disaster. My patients are beside
12:37
themselves. They had a plan that was good. They
12:40
have no plan now. We have to repeal Obamacare,
12:44
and it can be replaced with something much better
12:49
for everybody. Let it be for everybody, but much
12:53
better and much less expensive for people and
12:56
for the government. And we can do it. So, I've
13:08
watched the politicians. I've dealt with them
13:11
all my life. If you can't make a good deal with
13:15
a politician, then there's something wrong with
13:18
you. You're certainly not very good. And that's
13:21
what we have representing us. They will never
13:25
make America great again. They don't even have
13:29
a chance. They're controlled fully. They're controlled
13:35
fully by the lobbyists, by the donors, and by
13:41
the special interests. Fully. They control them.
13:45
Hey, I have lobbyists, I have to tell you. I
13:47
have lobbyists that can produce anything for
13:49
me. They're great. But you know what? It won't
13:53
happen. It won't happen. Because we have to stop
13:58
doing things for some people. But for this country,
14:02
it's destroying our country. We have to stop,
14:05
and it has to stop now. Now, our country needs...
14:10
Our country needs a truly great leader. And we
14:17
need a truly great leader now. We need a leader
14:26
that wrote the art of the deal. We need a leader
14:31
that can bring back our jobs, can bring back
14:34
our manufacturing, can bring back our military,
14:37
can take care of our vets. Our vets have been
14:41
abandoned. And we also need a cheerleader. You
14:50
know, when President Obama was elected, I said,
14:56
well, the one thing I think he'll do well, I
14:59
think he'll be a great cheerleader for the country.
15:02
I think he'd be a great spirit. He was vibrant.
15:06
He was young. I really thought that he would
15:08
be a great cheerleader. He's not a leader. That's
15:12
true. You're right about that. But he wasn't
15:15
a cheerleader. He's actually a negative force.
15:18
He's been a negative force. He wasn't a cheerleader.
15:21
He was the opposite. We need somebody. that can
15:24
take the brand of the United States and make
15:29
it great again. It's not great again. We need...
15:37
We need somebody... We need somebody that literally
15:46
will take this country and make it great again.
15:52
We can do that. And I will tell you, I love my
15:58
life. I have a wonderful family. They're saying,
16:03
Dad, you're going to do something that's going
16:05
to be so tough. You know, all of my life I've
16:08
heard that a truly successful person, a really,
16:12
really successful person, and even modestly successful,
16:16
cannot run for public office. Just can't happen.
16:20
And yet that's the kind of mindset that you need
16:24
to make this country great again. So, ladies
16:28
and gentlemen, I am officially running for president
16:37
of the United States. And we are going to make
16:42
our country great again. It can happen. Our country
17:04
has tremendous potential. We have tremendous
17:07
people. We have people that aren't working. We
17:12
have people that have no incentive to work. But
17:15
they're going to have incentive to work. Because
17:17
the greatest social program is a job. And they'll
17:22
be proud. And they'll love it. And they'll make
17:24
much more money than they would have ever made.
17:27
And they'll be... they'll be doing so well and
17:30
we're going to be thriving as a country thriving
17:32
it can happen i will be the greatest jobs president
17:41
that god ever created i tell you that i'll bring
17:50
back our jobs from china from mexico from japan
17:53
from so many places I'll bring back our jobs
17:57
and I'll bring back our money. Right now, think
18:00
of this. We owe China $1 .3 trillion. We owe
18:07
Japan more than that. So they come in, they take
18:11
our jobs, they take our money, and then they
18:13
loan us back the money and we pay them in interest.
18:16
And then the dollar goes up, so their deal's
18:19
even better. How stupid. are our leaders. How
18:24
stupid are these politicians to allow this to
18:28
happen? How stupid are they? We want Trump! We
18:34
want Trump! We want Trump! We want Trump! I'm
18:40
going to tell you, thank you, I'm going to tell
18:42
you a couple of stories about trade, because
18:46
I'm totally against the trade bill for a number
18:48
of reasons. Number one, the people negotiating
18:50
don't have a clue. Our president doesn't have
18:53
a clue. He's a bad negotiator. He's the one that
18:56
did Bergdahl. We get Bergdahl. They get five
18:59
killer terrorists that everybody wanted over
19:02
there. We get Bergdahl. We get a traitor. We
19:05
get a no -good traitor. And they get the five
19:08
people that they wanted for years. And those
19:11
people are now back on the battlefield trying
19:13
to kill us. That's the negotiator we have. Take
19:18
a look at the deal he's making with Iran. He
19:21
makes that deal Israel maybe won't exist very
19:24
long It's a disaster and we have to protect Israel
19:28
but So we need people I'm a free trader But the
19:41
problem with free trade is you need really talented
19:45
people to negotiate for you If you don't have
19:49
talented people, if you don't have great leadership,
19:52
if you don't have people that know business,
19:54
not just a political hack that got the job because
19:57
he made a contribution to a campaign, which is
20:00
the way all jobs just about are gotten, free
20:04
trade is terrible. Free trade can be wonderful
20:08
if you have smart people. But we have people
20:11
that are stupid. We have people that aren't smart.
20:15
And we have people that are controlled by special
20:18
interests. And it's just not going to work. So
20:20
here's a couple of stories. Happened recently.
20:23
A friend of mine is a great manufacturer. And
20:27
you know China comes over and they dump all their
20:29
stuff. And I buy it. I buy it. Because frankly
20:33
I have an obligation to buy it. Because they
20:36
devalue their currency so brilliantly. They just
20:38
did it recently. And nobody thought they could
20:40
do it again. But with all our problems with Russia,
20:43
with all our problems with everything, everything,
20:48
they got away with it again. And it's impossible
20:51
for our people here to compete. So I want to
20:55
tell you this story. A friend of mine is a great
20:57
manufacturer. Calls me up a few weeks ago. He's
21:01
very upset. I said, what's your problem? He said,
21:05
you know, I make great product. And I said, I
21:06
know, I know that because I buy the product.
21:09
He said, I can't get it into China. they won't
21:11
accept it i sent a boat over and they actually
21:14
sent it back they talked about environmental
21:16
they talked about all sorts of crap that had
21:18
nothing to do with it i said oh wait a minute
21:20
that's terrible does anyone know this he said
21:23
yeah they do it all the time with other people
21:24
i said they send it back yeah so i finally got
21:27
it over there and they charged me a big tariff
21:30
they're not supposed to be doing that I told
21:33
them. Now, they do charge a tariff on trucks.
21:36
When we send trucks and other things over there,
21:38
ask Boeing. They wanted Boeing secrets. They
21:41
wanted their patents and all their secrets before
21:43
they agreed to buy planes from Boeing. Hey, I'm
21:47
not saying they're stupid. I like China. I sell
21:50
apartment for 10... I just sold an apartment
21:52
for $15 million to somebody from China. Am I
21:57
supposed to dislike them? I own a big chunk of
22:01
the Bank of America building in 1290 Avenue of
22:04
the Americas that I got from China in a war.
22:09
Very valuable. I love China. The biggest bank
22:13
in the world is from China. You know where their
22:18
United States headquarters is located? In this
22:22
building, in Trump Tower. I love China. People
22:26
say, oh, you don't like China. No, I love them.
22:29
but their leaders are much smarter than our leaders
22:31
and we can't sustain ourselves with that there's
22:35
too much it's like it's like take the new england
22:39
patriots and tom brady and have them play your
22:42
high school football team that's the difference
22:44
between china's leaders and our leaders They
22:49
are ripping us. We are rebuilding China. We're
22:52
rebuilding many countries. China, you go there
22:55
now, roads, bridges, schools, you never saw anything
22:58
like it. They have bridges that make the George
23:01
Washington Bridge look like small potatoes. And
23:05
they're all over the place. We have all the cards,
23:09
but we don't know how to use them. We don't even
23:12
know that we have the cards because our leaders
23:14
don't understand the game. We could turn off
23:18
that spigot by charging them tax until they behave
23:21
properly now. They're going militarily They're
23:25
building a military island in the middle of the
23:29
South China Sea a military island Now our country
23:33
could never do that because we'd have to get
23:35
environmental clearance and The environmentalists
23:39
wouldn't let our country we would never build
23:40
in an ocean. They built it in about one year
23:43
this massive military port They're building up
23:47
their military to a point that is very scary.
23:50
You have a problem with ISIS, you have a bigger
23:53
problem with China. And in my opinion, the new
23:56
China, believe it or not, in terms of trade,
23:58
is Mexico. So this man tells me about the manufacturing.
24:04
I say, that's a terrible story. I hate to hear
24:06
it. But I have another one. Ford. So Mexico...
24:13
takes a company, car company, that was going
24:15
to build in Tennessee, rips it out. Everybody
24:18
thought the deal was dead. Reported in the Wall
24:21
Street Journal recently. Everybody thought it
24:24
was a done deal. It's going in, and that's going
24:28
to be it, going into Tennessee. Great state,
24:30
great people. All of a sudden, at the last moment,
24:34
this big car manufacturer, foreign, announces
24:37
they're not going to Tennessee. They're going
24:39
to spend their billion dollars in Mexico instead.
24:42
Not good. Now Ford announces a few weeks ago
24:46
that Ford is going to build a $2 .5 billion car
24:54
and truck and parts manufacturing plant in Mexico.
25:02
$2 .5 billion is going to be one of the largest
25:05
in the world. Ford, good company. So I announced...
25:11
That I'm running for president I would One of
25:16
the early things I would do Probably before I
25:20
even got in and I wouldn't even use you know,
25:23
I have I know the smartest negotiators in the
25:25
world I know the good ones. I know the bad ones.
25:28
I know the overrated ones. You got a lot of that
25:30
are overrated They're not good. They think they
25:32
are they get good stories because the newspapers
25:34
get buffaloed But they're not good, but I know
25:37
the best negotiators in the world And I'd put
25:40
them one for each country. Believe me, folks,
25:42
we will do very, very well. Very, very well.
25:46
But I wouldn't even waste my time with this one.
25:49
I would call up the head of Ford, who I know,
25:51
if I was president. I'd say, congratulations.
25:57
I understand that you're building a nice $2 .5
26:02
billion car factory in Mexico. and that you're
26:07
going to take your cars and sell them to the
26:08
United States, zero tax, just flow them across
26:11
the border. And you say to yourself, how does
26:14
that help us, right? How does that help us? Where
26:15
is that good? It's not. So I'd say, congratulations,
26:20
that's the good news. Let me give you the bad
26:22
news. Every car and every truck and every part
26:27
manufactured in this plant that comes across
26:31
the border... We're going to charge you a 35
26:34
% tax. Okay? And that tax is going to be paid
26:40
simultaneously with the transaction. And that's
26:44
it. Now, here's what's going to happen. If it's
26:48
not me in the position, it's one of these politicians
26:50
that we're running against. You know, the 400
26:52
people that we're already... And here's what's
26:56
going to happen. They're not so stupid. They
26:58
know it's not a good thing. And they may even
27:01
be upset by it. But then they're going to get
27:03
a call from their donors or probably from the
27:06
lobbyists for Ford and say, you can't do that
27:09
to Ford because Ford takes care of me and I take
27:14
care of you and you can't do that to Ford. And
27:18
guess what? No problem. They're going to build
27:21
in Mexico. They're going to take away thousands
27:23
of jobs. It's very bad for us. So under President
27:28
Trump, here's what would happen. The head of
27:34
Ford will call me back, I would say, within an
27:38
hour after I told him the bad news. But it could
27:42
be he'd want to be cool, and he'll wait till
27:45
the next day. You know, they want to be a little
27:46
cool. And he'll say, please, please, please.
27:49
He'll beg for a little while, and I'll say, no
27:52
interest. Then he'll call all sorts of political
27:55
people, and I'll say, sorry, fellas, no interest,
27:57
because I don't need anybody's money. It's nice.
27:59
I don't need anybody's money. I'm using my own
28:02
money. I'm not using the lobbyists. I'm not using
28:05
donors. I don't care. I'm really rich. I'll show
28:09
you that in a second. And by the way, I'm not
28:13
even saying that in a brag. That's the kind of
28:15
mindset, that's the kind of thinking you need
28:18
for this country. So, because we've got to make
28:20
the country rich, it sounds crass. Somebody said,
28:23
oh, that's crass. It's not crass. We got $18
28:27
trillion in debt. We got nothing but problems.
28:30
We got a military that needs equipment all over
28:32
the place. We got nuclear weapons that are obsolete.
28:37
We've got nothing. We got Social Security that's
28:40
going to be destroyed if somebody like me doesn't
28:42
bring money into the country. All these other
28:44
people want to cut the hell out of it. I'm not
28:46
going to cut it at all. I'm going to bring money
28:48
in, and we're going to save it. But here's what's
28:52
going to happen. 30 friends of mine who contributed
28:57
to different campaigns after i'm called by all
29:01
of the special interests and by the the donors
29:04
and by the lobbyists and they have zero chance
29:08
at convincing me zero i'll get a call the next
29:11
day from the head of ford he'll say please reconsider
29:14
i'll say no he'll say mr president we've decided
29:18
to move the plant back to the united states we're
29:21
not going to build it in mexico that's it they
29:23
have no choice They have no choice. There are
29:29
hundreds of things like that. I'll give you another
29:31
example. Saudi Arabia. They make a billion dollars
29:37
a day. A billion dollars a day. I love the Saudis.
29:42
Many are in this building. They make a billion
29:46
dollars a day. Whenever they have problems, we
29:50
send over the ships. We say, we're going to protect.
29:52
What are we doing? They got nothing but money.
29:56
If the right person asked them, they'd pay a
29:59
fortune. They wouldn't be there except for us.
30:03
And believe me, you look at the border with Yemen,
30:08
you remember Obama a year ago, Yemen was a great
30:11
victory. Two weeks later, the place was blown
30:14
up. Everybody got, and they kept our equipment.
30:16
They always keep our equipment. We just didn't
30:19
use the equipment, right? They always keep our
30:21
equipment. we ought to send some real junk because
30:24
frankly it would be we ought to send our surplus
30:26
we're always losing this gorgeous brand new stuff
30:29
but look at that border with saudi arabia do
30:32
you really think that these people are interested
30:36
in yemen saudi arabia without us is gone they're
30:43
gone and i'm the one that made all of the right
30:46
predictions about iraq You know, all of these
30:49
politicians that I'm running against now, it's
30:51
so nice to say I'm running as opposed to if I
30:54
run, if I run, I'm running. But all of these
30:58
politicians that I'm running against now, they're
31:01
trying to disassociate. I mean, you looked at
31:03
Bush, it took him five days to answer the question
31:07
on Iraq. He couldn't answer the question. He
31:08
didn't know. I said, is he intelligent? Then
31:11
I looked at Rubio. He was unable to answer the
31:14
question. Is Iraq a good thing or a bad thing?
31:16
He didn't know. He couldn't answer the question.
31:19
How are these people going to lead us? How are
31:21
we going to go back and make it great again?
31:25
We can't. They don't have a clue. They can't
31:28
lead us. They can't. They can't even answer simple
31:31
questions. It was terrible. But Saudi Arabia
31:34
is in big, big trouble. Now, thanks to fracking
31:39
and other things, the oil is all over the place.
31:43
And I used to say it. there were ships at sea
31:45
and this was during the worst crisis that were
31:47
loaded up with oil and the cartel kept the price
31:52
up because again they were smarter than our leaders
31:55
they were smarter than our leaders there is so
31:59
much wealth out there that can make our country
32:02
so rich again and therefore make it great again
32:05
because we need money we're dying we're dying
32:10
we need money We have to do it. And we need the
32:14
right people. So, Ford will come back. They'll
32:20
all come back. And I will say this. This is going
32:24
to be an election, in my opinion, that's based
32:28
on competence. Somebody said, thank you, darling.
32:34
Somebody said to me the other day, a reporter,
32:37
very nice reporter, but Mr. Trump, you're not
32:40
a nice person. That's true. But actually, I am.
32:45
I think I am a nice person. People that know
32:47
me like me. Does my family like me? I think so,
32:50
right? Look at my family. I'm proud of my family.
32:52
By the way, speaking of my family, Melania, Barron,
32:57
Kai, Donnie, Don, Vanessa, Tiffany, Ivanka did
33:04
a great job. Did she do a great job? Great. Jared,
33:09
Laura. And Eric. I'm very proud of my family.
33:13
They're a great family. So the reporter said
33:18
to me the other day, but Mr. Trump, you're not
33:23
a nice person. How can you get people to vote
33:27
for you? I said, I don't know. I said, I think
33:31
that, number one, I am a nice person. I give
33:34
a lot of money away to charities and other things.
33:37
I think I'm actually a very nice person. But
33:40
I said, this is going to be an election that's
33:44
based on competence. Because people are tired
33:47
of these nice people. And they're tired of being
33:50
ripped off by everybody in the world. And they're
33:53
tired of spending more money on education than
33:57
any nation in the world, per capita, than any
34:02
nation in the world. And we're 26th in the world.
34:05
25 countries are better than us at education.
34:09
and some of them are like third world countries
34:11
but we're becoming a third world country because
34:14
of our infrastructure our airports our roads
34:17
everything so one of the things i did and i said
34:21
you know what i'll do i'll do it because a lot
34:22
of people said he'll never run number one he
34:25
won't want to give up his lifestyle they're right
34:28
about that but i'm doing it number two i'm a
34:32
private company so nobody knows what i'm worth
34:34
and the one thing is that when you run you have
34:38
to announce and certify to all sorts of governmental
34:42
authorities your net worth. So I said, that's
34:47
okay. I'm proud of my net worth. I've done an
34:49
amazing job. I started off, thank you. I started
34:53
off in a small office with my father in Brooklyn
34:56
and Queens. And my father said, and I love my
35:00
father. I learned so much. He was a great negotiator.
35:03
I learned so much just sitting at his feet, playing
35:05
with blocks, listening to him negotiate with.
35:09
subcontractors but i learned a lot but he used
35:12
to say donald don't go into manhattan that's
35:16
the big leagues we don't know anything about
35:18
that don't do it i said dad i got to go into
35:20
manhattan i got to build those big buildings
35:22
i got to do it dad i've got to do it and after
35:26
four or five years in brooklyn I ventured into
35:29
Manhattan and did a lot of great deals. The Grand
35:31
Hyatt Hotel. I was responsible for the convention
35:34
center on the west side. I did a lot of great
35:36
deals, and I did them early and young. And now
35:40
I'm building all over the world, and I love what
35:41
I'm doing. But they all said, a lot of the pundits
35:45
on television, well, Donald will never run. And
35:50
one of the main reasons is he's private, and
35:53
he's probably not as successful as everybody
35:55
thinks. So I said to myself, you know, nobody's
36:01
ever going to know unless I run. Because I'm
36:04
really proud of my success. I really am. I've
36:09
employed tens of thousands of people over my
36:16
lifetime. That means medical, that means education,
36:19
that means everything. So a large accounting
36:22
firm and my accountants have been working for
36:25
months. Because it's big and complex. And they've
36:29
put together a statement. A financial statement.
36:35
This is a summary. But everything will be filed
36:38
eventually with the government. And we don't
36:41
need extensions or anything. We'll be filing
36:43
it right on time. We don't need anything. And
36:47
it was even reported incorrectly yesterday. Because
36:51
they said he had assets of $9 billion. So I said,
36:56
no, that's the wrong number. That's the wrong
36:59
number. Not assets. So they put together this.
37:04
And before I say it, I have to say this. I made
37:07
it the old -fashioned way. It's real estate.
37:09
You know, it's real estate. It's labor, and it's
37:12
unions good and some bad, and lots of people
37:15
that aren't in unions, and it's all over the
37:17
place, and building all over the world. And I
37:21
have assets. Big accounting firm. one of the
37:26
most highly respected, $9 ,240 ,000 ,000. And
37:34
I have liabilities of about 500. That's long
37:42
-term debt, very low interest rates. In fact,
37:45
one of the big banks came to me and said, Donald,
37:47
you don't have enough borrowings. Could we loan
37:49
you $4 billion? I said, I don't need it. I don't
37:52
want it. And I've been there. I don't want it.
37:57
But in two seconds, they give me whatever I wanted.
38:00
So I have a total net worth. And now with the
38:03
increase, it'll be well over $10 billion. But
38:06
here, a total net worth of $8 billion. Net worth,
38:11
not assets, not liability. A net worth. After
38:14
all debt, after all expenses, the greatest assets,
38:19
Trump Tower, 1290 Avenue of the Americas. Bank
38:24
of America building in San Francisco. 40 Wall
38:28
Street, sometimes referred to as the Trump building,
38:33
right opposite the New York City. Many other
38:35
places all over the world. So the total is $8
38:40
,737 ,540 ,000. Now, I'm not doing that. I'm
38:48
not doing that to brag, because you know what?
38:51
I don't have to brag. I don't have to, believe
38:52
it or not. I'm doing that to say that that's
38:56
the kind of thinking our country needs. We need
39:02
that thinking. We have the opposite thinking.
39:06
We have losers. We have losers. We have people
39:10
that don't have it. We have people that are morally
39:12
corrupt. We have people that are selling this
39:15
country down the drain. So I put together the
39:20
statement. And the only reason I'm telling you
39:23
about it today is because we really do have to
39:28
get going. Because if we have another three or
39:32
four years, you know, we're at $18 trillion now.
39:34
We're soon going to be at $20 trillion. According
39:37
to the economists, who I'm not big believers
39:40
in, but nevertheless, this is what they're saying,
39:42
that $24 trillion, we're very close, that's the
39:47
point of no return. $24 trillion. We will be
39:51
there soon. That's when we become Greece. That's
39:56
when we become a country that's unsalvageable.
40:00
And we're going to be there very soon. We're
40:03
going to be there very soon. So, just to sum
40:10
up, I would do various things very quickly. I
40:16
would repeal and replace the big lie, Obamacare.
40:21
I would build a great wall, and nobody builds
40:24
walls better than me, believe me, and I'll build
40:26
them very inexpensively. I will build a great,
40:30
great wall on our southern border, and I will
40:34
have Mexico pay for that wall. Mark my words.
40:39
Nobody would be tougher on ISIS than Donald Trump.
40:44
Nobody. I will find within our military I will
40:50
find the General Patton or I will find General
40:55
MacArthur. I will find the right guy. I will
40:58
find the guy that's going to take that military
41:01
and make it really work. Nobody, nobody will
41:05
be pushing us around. I will stop Iran from getting
41:12
nuclear weapons and we won't be using a man.
41:16
like Secretary Kerry that has absolutely no concept
41:19
of negotiation, who's making a horrible and laughable
41:23
deal, who's just being tapped along as they make
41:26
weapons right now, and then goes into a bicycle
41:29
race at 72 years old and falls and breaks his
41:33
leg. I won't be doing that. And I promise I will
41:35
never be in a bicycle race. That I can tell you.
41:40
I will immediately terminate... President Obama's
41:46
illegal executive order on immigration. Immediately.
41:54
Fully support and back up the Second Amendment.
42:00
Now, it's very interesting. Today I heard it.
42:05
Through stupidity, in a very, very hardcore prison,
42:10
interestingly named Clinton, Two vicious murders,
42:16
two vicious people escaped, and nobody knows
42:20
where they are. And a woman was on television
42:24
this morning, and she said, you know, Mr. Trump,
42:27
and she was telling other people, and I actually
42:29
called her, but she said, you know, Mr. Trump,
42:32
I always was against guns. I didn't want guns.
42:38
And now, since this happened, it's up in the
42:42
prison area. My husband and I are finally in
42:45
agreement because he wanted the guns. We now
42:47
have a gun on every table. We're ready to start
42:50
shooting. I said, very interesting. So protect
42:54
the Second Amendment. End Common Core. Common
43:02
Core, it is a disaster. Bush is totally in favor
43:07
of Common Core. I don't see how he can possibly
43:10
get the nomination. He's weak on immigration.
43:13
He's in favor of Common Core. How the hell can
43:16
you vote for this guy? You just can't do it.
43:20
We have to end. Education has to be local. Rebuild
43:25
the country's infrastructure. Nobody can do that
43:30
like me. Believe me. It will be done on time,
43:34
on budget, way below cost, way below what anyone
43:37
ever thought. I look at these roads being built
43:41
all over the country, and I say, I can build
43:43
those things for one -third. What they do is
43:45
unbelievable. How bad? You know, we're building
43:49
on Pennsylvania Avenue, the old post office.
43:52
We're converting it into one of the world's great
43:54
hotels. It's going to be the best hotel in Washington,
43:56
D .C. We got it. from the General Services Administration
44:01
in Washington. The Obama Administration. We got
44:06
it. It was the most highly sought after, or one
44:09
of them, but I think the most highly sought after
44:11
project in the history of General Services. We
44:17
got it. People were shocked. Trump got it. Well,
44:19
I got it for two reasons. Number one, we're really
44:21
good. Number two, we had a really good plan.
44:23
And I'll add in the third, we had a great financial
44:26
statement. because the general services, who
44:28
are terrific people, by the way, and talented
44:30
people, they wanted to do a great job, and they
44:34
wanted to make sure it got built. So we have
44:37
to rebuild our infrastructure, our bridges, our
44:39
roadways, our airports. You come into LaGuardia
44:42
Airport, it's like we're in a third -world country.
44:46
You look at the patches in the 40 -year -old
44:49
floor, they throw down asphalt, and they throw...
44:52
You look at these airports. We are like a third
44:56
world country. And I come in from China and I
44:59
come in from Qatar and I come in from different
45:01
places. And they have the most incredible airports
45:04
in the world. You come back to this country and
45:07
you have LAX disaster. You have all of these
45:11
disastrous airports. We have to rebuild our infrastructure.
45:17
Save Medicare. Medicaid, and Social Security
45:21
without cuts. Have to do it. Get rid of the fraud,
45:25
get rid of the waste and abuse, but save it.
45:28
People have been paying in for years, and now
45:31
many of these candidates want to cut it. You
45:33
save it by making the United States, by making
45:36
us rich again, by taking back all of the money
45:39
that's being lost. Renegotiate our foreign trade
45:45
deals. reduce our 18 trillion in debt, because
45:52
believe me, we're in a bubble. We have artificially
45:57
low interest rates. We have a stock market that,
46:00
frankly, has been good to me, but I still hate
46:02
to see what's happening. We have a stock market
46:05
that is so bloated. Be careful of a bubble, because
46:10
what you've seen in the past might be small potatoes
46:12
compared to what happens. So be very, very careful.
46:19
our military and take care of our vets so so
46:23
important sadly the american dream is dead but
46:40
if i get elected president i will bring it back
46:46
bigger and better and stronger than ever before,
46:53
and we will make America great again. Thank you.
46:58
Thank you very much.