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tv   Varney Company  FOX Business  December 16, 2024 11:00am-12:00pm EST

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♪ ♪ >> this is sia. stuart: candy cane lane by sia. definitely new song and singer to maine are you youngsters familiar with sia? >> we're definitely familiar with sia, yes. stuart: steve forbes is with me. have you heard of sia? >> sounds like c-i-a. stuart: waiting for donald trump's comments on the $100 billion investment from soft bank and he's expected to begin speaking very soon. you'll hear what he's got to say when he says it. on the markets, i see green for that nasdaq. look at it go. reached all time high just a few minutes ago. well above 20,000 now. dow's up 40, s&p up 25. big tech, a mixed picture mostly higher. we've got one loser and that's nvidia, but alphabet, amazon, meta all up.
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elevated levels and back at 440 -- actually 439 as of right now. now this, the president elect is on a roll. this weekend he went into high gear and this man is enjoying himself. getting things started friday, he met with apple ceo tim cook. the two have long had a friendly relationship. cook wants help with ai regulation, china policy, and pesky europeans that keep fining american big tech billions. cook doesn't mind bending the knee and trump loves it. cook stayed for dinner. saturday, high point of the weekend and president elect attended army navy game and took political elite with him. jd vance, ron desantis, pete hegseth, elon musk popped up. he practically lives with trump. and daniel penny appeared, the subway hero. the crowd aaron rodgers and roberted and chants of usa everywhere. the president elect beamed. what a contrast with joe biden
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sulking and fading fast. the weekend was not over though. trump comes out in favor of privatizing the postal service. that's dramatic. musk and ramaswamy put out a list of thins they want the department of government efficient to tackle. that's very dramatic. this list, going for a transformation of government already progressing and daylight saving time. get rid of it. drones? shoot them down. there seems to be a sense of can do america. we're so used to being told what we cannot do or not allowed to do that when someone turns up with a plan and starts doing it, the mood of the country shifts. it turns. the media did its best to ignore the army navy game and trump's obvious appeal and now obstructing cerumen the sidelines re--- on the sidelines reduced to whining and sniping. trump's on a roll and no sign of slowing down. third hour of varney just getting started. ♪
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stuart: steve forbes with me now. big tech going to mar-a-lago -- sorry. what's his name? >> elon musk. stuart: no, the apple guy. tim cook was there. are these guys just buying influence? >> well, they're not doing it just because they suddenly like donald trump. they know they're in the cross hairs not only in the u.s. and also in europe and perhaps soon asia and problems in china. of course they need the help of the u.s. government. the amazing thing is most of these companies sort of stunned their nose at much of the population unlike the old bell phone telephone monopoly and went out of their way to make everyone happy. if you had a problem, they'd try to deal with it. these people have an arrogance that's now biting them and they need all the help they can get. of course they'll go bend the knee to donald trump. stuart: trump is considering privatizing the u.s. postal service. what do you say to that?
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>> nice idea, but there's going to really challenge our doge twins. first of all, $80 billion of unfunded liabilities on the pension side, perhaps another 20+ billion on healthcare and 630,000 unionized workers that will raise a ruckus and they'll have to settle for making huge changes in the way the post office is operated. it's still in the 1890s. unlike ups or fedex today. stuart: you support privatization? i think i would in theory, by i think the way to get it started and getting it done to get something done is change the work rules and remember, the usps, the postal service is now in a central part of the operations of fedex, amazon and others. so -- and post office also has debt, you know, 13, 15 billion depending on whose numbers you look at. privatizing will be a huge cost so maybe change the work rules in the meantime and love the
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way, stuart, by the way they do their numbers. they had a 1.95 billion gap loss, but in their eyes it's only $1.8 billion on things they say they can control. they can't control healthcare, they can't control pensions so they ignore that. so in their minds, their debt -- their operating deficit went down $400 million last year instead of the gap up 3 billion. stuart: i've made a big point saying the mood of the country has changed. very positive. do you agree with that? >> absolutely. getting to them visiting this country over 200 years ago, it's a can do spirit he didn't see in europe or anywhere else in the world and saw it here, and now that's coming back again. stuart: it's a wonderful thing. it really is. steve. >> nice christmas present. stuart: really is. steve, thank you very much. we've got to get to the markets and i see some green on the screen and dow up 12 points and nasdaq up well over 100. jason katz on a monday morning
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with me to take a look at 2025, your official outlook is out. what do you see? >> i'm seeing a trump bump, not a slump. so there are three scenarios that could unfold here. you could have the bad, you could have the great, and you could have the likely. and just bear with me for moment here. with respect to the bad, you have indiscriminate tariffs, blanketed deportations, it results in inflation and fed has to reverse course. see the s&p trade down to 5100. i'm going with maybe a 5% probability to that. now, let's look at great case scenario, which we assign a 25% possibility roughly and that's a trade settlement. everyone is kumbaya and get the tax cuts, deregulation, growth spurred by ai, and then you see all engines are firing at the same time and s&p trades up 15% from here. let's go with the most likely scenario. stuart: okay.
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>> you have a pragmatic, a tactical approach with respect to the tariffs. inflation is a little bit higher than historically we're accustomed to but very contained. under that scenario, the fed -- the direction of travel is still lower albeit slower. and under that last scenario, we're looking at s&p of around 6600 or 8% from here. stuart: okay. that's the most likely scenario for you? >> 8%. stuart: and s&p 500 for next year. the next years and 8% up pretty good i'd say. >> we'll sign up for that. stuart: i will. why do you say this is a good time to buy real estate? >> so last year or this year shall i say, was the worst year in real estate since the great financial recession. and, look, not all real estate is created equal. and you had a awful, a dreadful office market and prohibitively high rates preventing
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transactions and direction of travel is lower for the fed so now you have more accommodative lending and then you have aspects of real estate and we've talked about this logistics for ecommerce. love it. data centers for ai. even better. what about the housing shortage? we have rising demand and limited supply. if you specify those particular areas of real estate in the form of real estate investment trusts, i think you'll do very well next year. stuart: i'm concentrating on 8% likely return for s&p next year and that'd be good to sign up on that one. >> indeed. stuart: jason katz, thank you very much. trump's team wants to double the state and local tax deduction from 10,000 to $20,000. good morning, madison. >> good morning. stuart: this is getting support and criticism from either side of the aisle. take us through it. >> absolutely is. party lines are not going to determine this issue because there are multiple republicans that don't support increasing
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salt deductions. and considering we have a really thin majority with republicans in the house, this is set to be a battle. so setting the stage. the state and local tax deduction or salt basically let's them deduct a percentage off taxes and capped at $10,000 and set to expire at end of 2025. now we're learning that not only is trump saying he'll keep them, but he wants to potentially double the cap to $20,000. salt is very popular and high tax states like here in new york and california, and that's where the majority of saltd's bipartisan reside and not republican because one republican said doubling the cap is not enough. take a look at nick laloda saying "i didn't say i'd vote for a tax increase in the salt
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deduction and 20,000 is no reasonable". he wants more. that salt cap was one of the mayor revenue offsets in the trump tax cuts passed back in 2017. so we're going to see issues there. republicans should be able to pass a tax bill without democrat input, but there's going to be a lot of major negotiation when it comes to this. stuart: i supported the trump tax cuts. then i found out that the salt was going to be gotten rid of and i got killed. that's the way it is i guess. see if they bring any of it back. thanks, madison. coming up, last time may musk was here, she told us elon was excited to get started trimming down the government. watch this. >> >> i sit behind and like to sit in on meeting ands vivek and others were talking and said first of all, come to work. isn't that crazy. that's an easy way. the buildings are empty and you're paying for them, and i don't think that's fair. stuart: may musk will be back
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here onset to go over her son's ambitious plans. that'll be today. and we're awaiting donald trump's remarks on soft bank's $100 billion investment in the united states. these comments brought to you when he makes them. we'll be back. after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" i'm thinking company wide power nap. [ employees snoring ] anything can change the world of work. from hr to payroll, adp designs for the next anything.
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let's go boys. the way that i approach work, post fatherhood, has really been trying to understand the generation
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that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families, like my own. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. ♪ ♪ >> one of the most successful investors in the worship god, and we just concluded a very productive meeting, and today i'm thrilled to announce that softbank will be investing $100 billion in america creating 100,000 american jobs at a minimum. and he's doing this because he feels very optimistic about our country since the election. and many other people coming in with tremendous appointments of money.
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you probably notice that had the poll was just take and it's businesses, literally in 39 years, nothing like it and small business owners gave it a 41% jump, biggest jump we had in 39 years and nobody has ever seen anything like it and it's just -- they're very optimistic and this historic investment is a monumental demonstration confidence in america's future and it will help ensure that artificial intelligence, emerging technologies and other industries of tomorrow are built, created and grown here in the usa and one of the beautiful things about musk is he's very much involved we americaning tech nothing and -- emerging technology and probably knows it better than anybody. after the 2016 election, softbank committed to invest $50 billion in our country, and
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they did. very pleased to say they kept that props in every way shape and form and now they're looking to do 100 -- and i've looked at their books and they do have the possibility of doing were. i'm going to ask them to do a little bit more. first i'm going to ask him to speak and just to say a few words. please. >> thank you, appreciate it. >> thank you so much. i'm very, very excited. i would really like to celebrate the great victory of president trump. and my confidence level to the economy of the united states has tremendously increased with his victory. so because of that, i'm now excited to commit this $100 billion and 100,000 jobs into the united states.
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this is double of last time as president trump said. i say oh, president trump is a double down president, then i'm going to have to double down. $100 billion and 100,000 jobs. this is, you know, my confidence level because that has doubled down. so i am truly excited to make this happen and of course business is important and technology is important. one more thing i'm really hoping is that president trump would make the world, bring the world into peace again. that's my additional hope. i think he will actually make it happen.
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so anyway, i'm excited to go -- discuss and president trump said double down is not enough. maybe go for more; right. >> that's right. i'm going to ask him right now, would you make it -- 200 billion? believe it or not, he can actually afford to do that. [ laughter ] >> well, my promise is 100 but he's now asking to do more. i think, you know, with your leadership, my partnership with you, with your support, i will try to make it happen. >> thank you very much. 200. he'll make it happen. [ laughter ] >> 200 billion investment. >> he's a great negotiator. >> he's a brilliant guy and unbelievable job and the people of japan and all over the world
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have grateful and have a tremendous respect for him. what he does and just did and i would be surprised if it didn't go through. when you say you'll try, i know you'll do it. >> i will really try. and i need your support. >> you have my support. >> oh, fantastic. >> thank you very much. appreciate it. >> thank you. thank you. >> the people of japan are proud to make the partnership of u.s. and japan be stronger and trying to make this happen. thank you very much. >> thank you. [ applause ] >> it's amazing. great gentleman and a great leleader and in investor and thl
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be announcing and small business optimism, took a 41 point jump. 41 points, went up 41 points. that's unheard of and that's the biggest -- they think in recorded history but they know at least a minimum of 39 years so that's great. on behalf of the american people, i want to thank him for his faith and what's happening with the country and the world. there's a whole light over the world and reporters speaks saying it is true. a couple are not necessarily friends of mine but it is true there's a light shining over the world we're working very much trying to get the hostages back in the middle east and get that war stopped, that horrible, horrible war going on in ukraine with russia.
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we're going to -- we've got little progress. it's a tough one. it's a nasty one. it's nasty. people are being killed at levels that nobody has ever seen. it's very level fields and the only thing that stops a bullet is a body, a human body, and the number of soldiers that are being killed on both sides is astronomical. i've never seen anything like it and rapidly, i get respects every week, and it's not even, you know, it's like going down and nobody seen anything like it and flat surface and flat land and it's great farming land. it's the bread basket for the world and it's very flat and nothing to stop a bullet but a body. there's no protection or nothing and it's what's happening there is far worse than people are reporting, for both sides. we're doing our best and since
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the election, i've been working every day to put the world at ease and we had no wars when i left office, and now it's the whole world is blowing up, but there's great optimism, and you saw that by softbank starting on day one we'll implement a rapid series of bold reforms to restore our nation to full prosperity. we're going to go full prosperity and to build the greatest economy the world has ever seen just as we had just a short time ago. we had it in my term. we had the greatest economy that the world had seen. we were blowing away everybody. our country was doubling up on china and everybody and everybody knows it. and then we had to slow it down with covid unfortunately at the end. even then i gave it back with a substantial increase of the stock market, bigger than it was pre-covid and it was pretty amazing. already preparations are underway this massive number of job killing regulations and
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eliminating, eliminating ten old regulations for every new one. you put a new regulation on, have to get rid of ten and we'll be able to do it. that was about the percentage we had. we cut more regulations than any president has ever cut by far, actually by approximately five times. some of those regulations unfortunately were put back on, but we'll catch up very quickly and we'll catch up with it. one of the things i'd like to ask the biden administration, as you probably heard, there's two events that took place. we're talking about a friendly takeover or friendly transition, and it is, but two events that took place and i think are very terrible. one is that if people don't come back to work, come back into the office, they'll be dismissed and somebody in the biden administration gave a five year waiver of that so that for five years people don't have to come back into the office. it involved 49,000 people for
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five years they don't have to gs thing. it's ridiculous. it was like a gift to a union and we're going to obviously be in court to stop it. the other thing is really terrible. we spent a tremendous amount of money in building the wall. the wall was designed specifically by the border patrol because it's very hard to climb. they need to have see through, they need it to be steel because you can't cut -- it's very powerful steel and hard steel. it's a special type of steel, but very, very hard to cut. inside the steel as you know we pour concrete and that's a great 10 concrete, which is a very strong concrete. as though you're building about a 60 story building and very power 68 concrete and made tremendous technology advances in the word concrete, who would think that. but i know that from the construction industry. today what you can do with concrete is incredible.
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so we have a very strong concrete and then we have a rebar. we put rebar inside the concrete, and the rebar like wise is very hard to cut. it's a very expensive process, very expensive wall, and then we put a anti-climb plait on the top. plate on the top, you saw that. i didn't like the look of it but then watched and had people testing -- mountain climbers testing and not able to get over the anti-climb plate. i said all right, i guess we're going to put it on. that plate on top, which i never loved the look of it, but it works so unbelievably well. you have to do it. so we spent a lot of money in building it and we have hundreds of miles that we put up, a lot of people don't realize, but we did 571 miles of wall. that's why we had such good records, in addition to the fact that mexico helped us with their military. they kept people out and they were actually very good under their past leader. but now we odored additional 200
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miles of -- ordered additional 200 miles of wall, very expensive and now it's double the price it would have been six years ago, and the administration is trying to sell it for five-cents on the dollar knowing we're getting dread i did to put it up. it's almost an act -- almost a criminal act. they know we're going to use it, and if we don't have it we'll have to rebuild it. it'll cost double what it cost years ago and that's hundreds of millions of dollars because you're talking about a lotted of wall. i built much more than i said i was going to build, but then after it was built, i said, you know, we can do more because it's like water people flow through and that'll take care of it. what happened is as you see, they're trying to sell for five-cents on the dollar. that's really has nothing to do with a smooth transition and has
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to do with people trying to stop our nation. all it means really is that we're going to spend moneys of millions of dollars more, not even talking about the time. time would be pretty long, but we'll spend hundreds of millions of dollars more on building the same wall we already have. and people have already come back to us that have deals at five-cents and four-cents and one guy at three-cents on the dollar. and they offered to sell it back to us at more money than it costs us to build substantially. can you believe it? so they make it deal with the united states to buy it for pennys, and then they call us and they say do you want to buy it back? e we'll sell it back to you for hundreds of dollars a foot. hundreds of dollars, from pennys to hundreds of dollars a foot. we can't let this take place. we're going to go, i spoke with the attorney general of texas. i spoke to the senators of
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texas, i spoke to a lot of people, and hopefully they'll be able to stop. we'll be having a restraining order and think about how ridiculous it is. this is just people that don't want this country to succeed. this has nothing to do with democrat or republican. this has to do with common sense. we con on common sense and this is -- we won on common sense and this is one of the most egregious examples and people buying it are trying to make a deal with us to sell it back at hundreds of times more. hundreds of times more than we paid and this is all because of the debt. i'm asking today, joe biden, to please stop selling the wall. we're going to use that to create a strong barrier, and it worked. that's why our numbers were so good. it really worked and it worked well. it's very expin sieve to do, and i'm ask -- expensive to do and asking joe biden to stop his
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people from giving it away. it's something that people can't even believe it happening. so hopefully joe will be able to stop it. we'll unleash person energy and done at levels not seen before and issuing quick approvals for pipelines and drilling and infrastructure and clean energy and it'll bring in the price of electricity, and we'll bring it down fast and create clean call. clean call is something that's taken over. we have coal that will last for over 1,000 years and so much coal and with a process it's clean coal and powerful and unlike wind, it's wind and west virginia and others and wyoming and so many states and great states and he'll be happy here and we're going to be using
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clean coal. never using the word coal but clean coal and keep my promise to pass historic tax cuts for american families, workers and we're giving tax cuts and if we do it here and brought it down from 44%, 42% in some cases it was 39. we brought it all the way down to 21%. and now we're bringing it down to 15 and can't make their product or car or whatever they're doing in the united states and the u.s.. people are thrilled. i've had the smartest people on wall street call me saying where do you get that idea? doesn't seem that complicated but nobody -- it's like the paper clip. nobody ever thought of it. one guy thought of it, everybody looked at it and said, wow, thatches a good idea. why didn't i think of it? we're bringing it down six more points and that'll put us really at the best level we've had for bringing in business. we've never been down to that
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level. we'll be among the lowest taxed states and a lot of businesses will come in between that and our taxing and tariffs and we're having a 41-year record in optimism from small businesses and big businesses and i'll keep my promise to pass tax cuts and workers and businesses in america and any business investing $1 billion or more in the united states will be eligible for fully ex-peak spl dittermaned permits -- expedited approvals from the federal government and when companies come in and they're going to invest a billion or more, there'll be many of them, and they'll go into detroit and they'll go into a lot of place where is we want them. you saw how well i did with the auto workers. we did unbelievably and saw how well with the teamsters and also the nonunion 78%, 79% and nobody
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has ever gotten numbers like that because we're bringing business back. they're all coming back. we lost them over years of yew stupidity and decades of stupidity through the department of government efficiency, elon musk working very hard with various people including vivek. we'll eliminate hundreds of billions of fraud and going to have things and things and looking to save maybe 2 trillion and it'll have no impact and it'll impact people and we're never going to cut waste, fraud and abuse and the sovereign unit and costing us trillions of dollars a year. it's a cost that nobody has seening in like it.
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how can you be satisfied releasing prisoners no jails all over the world and the congo talking all over the time and suspect of the jails are empty and they'll be temporal integrationty soon and spoke to justin trudeau of canada, and we told him it's not fair, it's not right. can't let the people come in and they'll have to stop this from happening and we lose a lot of money to mexico, we lose a lot of money to canada and subsidizing canada and subsidizing mexico and can't go on. i get along with the people of mexico and canada very well, but we can't let that happen. why are we, why are we
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supporting and giving other countries hundreds of billions of dollars? it's not fair, it's not right and people of mexico and canada fully understand that. we've talked about it before, but now we're doing something about it. we started, and then we had to fix the covid situation and that's what we did. now we're doing it and we're doing it from the beginning. howard will be largely in charge and working on it together. howard's terrific. he's done a fantastic job and he's really helped us a lot with transition and we have fantastic people coming in. so all these policies will help us rapidly defeat inflation and create millions of new jobs and put money in the markets of hard working families of the country and pay off debt. we'll be paying off a tremendous amount of debt. we're $36 trillion, you don't want to be there. and we're going to be using a lot of money we make. we're going to be opening up a lot of businesses and pouring in
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because of our tax policy. we're going to use the money that we made to pay off debt and to reduce taxes. we're going to further reduce taxes. if you remember, when we reduced them last time, that brought a tremendous amount. we brought it down to 21%, and that was the biggest tax cut in the history of our country. nobody ever thought this would happen but this is what's supposed to happen. we actually ended uptaking in more revenue at 21 than we did at 40%, which was pretty amazing. but this will be the most exciting and successful period of reform and renewal in all of american history, maybe of global history. the golden age of america i call it. it's begun. so it's the golden age of america, and that's what it's going to be. we hope we don't have any intervening problems because things happen like out of nowhere came the china virus. out of nowhere came other things.
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i left and we had no wars, no problems,s middle east was good and did the abraham accord and things that nobody thought was possible. think of it, four years ago we had no wars. you didn't have russia going into ukraine. they wouldn't have done it. they weren't even thinking about it. when they saw what happened in afghanistan, i think that gave them an idea. would have never done it. president butler joined tin never would have gone in. now look at all the people and all those cities are destroyed and it's nice to say they want their land back but the cities are largely destroyed. they've left kyiv because probably they want to use it or occupy it and haven't done it and doing a lot of damage and relatively compared to the other cities very little. but many of those cities and those beautiful buildings they had are now laying on the sides and destroyed.
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totally destroyed and all the magnificent year old, 2,000-year-old structures very strong are blown bl tocometer rs and look at cities and not one not one building standing and say take over the country, take over what? take over wh? that's 100 year rebuild. take 100 years to rebuild it and can never have it the way it was. what a shame. should have never happened and would have never happened. if i were president, that war would have never happened nor israel with the attack on israel. we're inheriting big challenges at home and all over the world. again, we had no wars, we had no problems. we had no inflation, no inflation. had it at less than 1%. perfect number and then we had inflation the likes of which i say, i don't believe the country has ever seen inflation like that. 38 years but i think it's probably ever but we're going to
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take care of all of it and get the prices down by energy and the energy will come in. more energy than anybody and why buy energy from venezuela when we have 50 times more than they do. it's insane what we're doing. we will not rest till america is richer, safer, and stronger than it's ever been before, and we have a big head start. last time we didn't and last time we didn't know the people or a lot of things. by the time it was up and going, it was incredible. we built the greatest economy in history for that period of time and we'll do it again. i believe substantially more so. we understand the people of washington. i know them and i didn't know any of them and i relied people for good recommendations and some were great. bob lightheiser was great and we had a lot of great people and
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some people i wouldn't have used in retrospect and i know them better than anybody and better than they know themselves. once again, i'd like to thank masa for what he did with that investment and will end up being $200 billion, i believe. i just want to thank him. just an outstanding man. when you have that kind of brain power wanting to invest in this country, and that's money that he can't invest elsewhere and that's a big investment. makes me feel very good and feel that we're absolutely on the right track so thank you to masa, and we'll take a couple of questions. >> you mentioned the wars, can you tell us what you said to prime minister netanyahu on saturday and have you spoke ton putin? >> i'm not commenting on the putin question, but i will comment on bb. we had a very good talk. we discussed what is going to happen. i'll be very available on january 20th, and we'll see.
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as you know, i gave warning that if the hostages aren't back home by that date, all hell will break out and very strong. but we generally just discussed -- i asked him, where are things? mike waltz, they're doing a great job and everybody is doing a fantastic job and he was very much involved in the call but it was a recap call more than anything else. >> stopping the ban on tiktok next month? >> who? >> how do you plan to stop the ban on tiktok next month? >> we'll take a look at tiktok. i have a warm spot in my heart for tiktok because i won youth by 34 points and there are those that say tiktok had something to do with that. now, joe rogan did and some of the other people that were recommended by my son barron, he knew names and i said who is that? tell me who's that? dad, you've got to be kidding. i can't believe you don't know.
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and i did those interviews, and it was actually sort of cute if you want to know the truth. we did them and had an impact. but tiktok had an impact so we're take ago look at it. we won youth. republicans are always 30 points down in youth. i don't know why, but we ended up finishing. there was one poll showing us down about 30, 35 or 36 points up with young people so i have a bit of warm spot in my heart. i'll be honest. >> the idea of preemptive strikes against iran's nuclear facilities? >> i can't tell you that. i mean, it's a wonderful question, bow how can i -- am i going to do preemptive strikes? why would i say that? can you imagine if i said yes or no? say that was strange that hensed that. am i going to do preemptive strikes on iran? is that a serious question? how could i answer a question
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like that? >> would you be in support of israeli strikes on iran? >> how could i tell you a thing like that now? you don't talk about that before something may or may not happen. i just think it's just not something i would ever answer having to do with them or anything other place. do you believe there's a connection between vaccines and autism? do you believe there's a link? >> right now, you have some very brilliant people looking at it. i had dinner the other night with head officesser and head of eli -- of pfizer and eli lilly and rfk and oz and we had other people within the administration that are involved in medical. if you look at this, 30 years ago we had -- i heard numbers of
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one in 200,000, one in 100,000. and now i'm hearing numbers of one in 100. so something's wrong. something wrong. and we're going to find out about it. >> can i follow up on robert kennedy. he's on the hill today and meeting with senators. what do you say to people that are worried that his views on vaccines will translate into policies that will make their kids less safe? >> he'll be much less radical than you think. he's got a very open mind or i wouldn't have put him there. he'll be very much less radical and there are problems. we don't do as well as other nations and those nations use nothing, and we're going to find out what the problems are, and another thing that came up, the dinner was fascinating because they had bobby and i had again, the head of pfizer. you know who that is. he's a highly receiver malik taylored man. has run an incredible company
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and like wise with lily, top two people. we had the head of the industry also. all companies were represented and i said let's have it out now, a little bit. know what came out of the meet asking that we're paying far too much and paying more than other countries. woe have laws that make it impossible to reduce and we have a thing called the middleman. you know the middleman; right? the horrible middleman that makes more than the drug companies and we're going to knock out the middleman. i'll be very unpopular after that statement. >> i don't know who these middlemen are but they're rich as hell. we're going to knock out the middlemen and get drug costs down, at levels that nobody has ever seen before and really, i tell you, we spend more time talking about that with bobby and with the executives and as, all of them. we spent more time talking about that than anything else.
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>> what about the p poll owe vaccine? >> i'm a big believer in polio vaccine. i'm a big believer in polio vaccine. >> do you think schools should mandate vaccines? should schools mandate vaccines? >> i don't like mandates. i'm not a big mandate person. i was against mandates, mostly democrat governors did the mandates and they did a very poor thing. retrospect spect they made a big mistake having to do with the children and lost two years of their lives. i was against the mandate. yes, please. >> ron desantis to sign over marco rubio's seat? >> i don't. i probably don't, but i dent know. ron's doing a good job. that's his choice. nothing to do with me. laura is unbelievable. i mean, she was incredible. the job she did at rnc as
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chairman along with michael wattly, the combination, but i can just speak for lara, she's so highly respected by women. even her workout re-teens are through the roof. she lifts 150 pounds. i don't know how the hell she did it. she's a bad example for men in women sports because i don't think i'd be able to beat her. i'd try like hell but no, she's an incredible woman. people oftentimes talk about nepotism. i never had -- when i put her there, people said how did you get her to do it? she could have run for the senate in north carolina. ted would have been the first toasty say he and nobody else would have run. she said no, i want to focus on my children. when the election and my team. she has a great family. 34 white chevrolet the election started getting closer, i asked
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her if she'd go to washington and work on chairman of the committee along with michael whatley, and they did such an unbelievable job, especially on cheating. they stopped it. or at least stymied it. too big to rig. we won in a landslide. she did an amazing job and ron will have to make, marco has been a star already and we haven't started. we see spines from some people very early, we see signs of stardom and marco has done incredible. he's born for it sort of. it was such an easy decision. he leaves a vacancy in florida, and ron's going to have to make that decision and he'll make the right decision. i also know that lara has so many other things. people want her on television and want to give her contracts.
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her predominant thought is our country and her family. those are her thoughts. but she's got so many other things she's talking about. he'll make the right decision. if they're reasonable, i'll give you a different answer. you'll be shocked. if they're unreasonable and opposing somebody for political reasons or stupid reasons, i would say hag nosoto do with me. they probably would be primary. but if they're reasonable and really disagree with something or somebody. i could see that happening. but i do believe that -- i think we have great people. we have a great group of people. pam has been unbelievably received and take a look, pam bondi. so many just unbelievably received.
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i think pete hegseth is making tremendous strides over the last week. he'll be great. look, he went to princeton and awe born and he was a great student. pete hegseth gave up a lot because he was going big places in fox. big, big places. lot of money. and he didn't even hesitate when i said do you want to do this? he said absolutely. i said you know, if it doesn't work out, you'll never have the opportunity that you have right now in terms of the world of entertainment or business, whatever you want to call it. you'll never have that opportunity again. in fact, it could be just the opposite because it's nasty out there. he said, i don't care. i have to do it for my country. he gave up a tremendous amount -- if this didn't work, it would be a tragedy because -- but that's what he loves. he loves the military, i never talked to him about anything else.
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he'd talk about the military and come to see me about a soldier that was unfairly treated, and could i help. that's the only thing i virtually ever talked to him about. and i always recked it. i've seen him many times, and i don't think i've ever had a subject on anything other than military with him. that's where his love is. and he didn't say well, i'd like to think about it and talk to my family and not even a contest. going with will and rachel. that was great chemistry and if it didn't work out for him, it would be sort of tragic. yeah, i would. i think he was treated pretty unfairly. i haven't seen the gravity of it at all but it seems like being upgraded in an airplane many years ago. i know probably everybody here
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has been ungraded and see you're all stars and say i want to upgrade that person from nbc and you happen grade him. upgrade him and you'll spend the rest of your life in prison. when he essentially went against what was happening r with the migrants coming in and made pretty strong statements like this is not sustainable. i suede you know what, he'll be indicted soon. i said not as a prediction but light heartedly and i said it. i said he'll be indicted and a few months later he got indicted. so i would certainly look at it. >> ask you a question about the drones. >> are you planning on pulling troops from syria when you get into office or -- >> we had 5,000 troops along the border and i asked a couple of
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generals ask army of 250,000 in syria and army of 400,000 and many more people. turkey is a major force by the way. and he's someone i got along with great. he has a major military force and this has not been worn out with war. it hasn't been worn out with all of them and he's build a very strong powerful army. 5 million person army and 250,000 person army and ask the the general. what did you think of that situation. they'll be just wiped out immediately. and i moved them out. i took a lot of heat and know what happened? nothing. nothing. i saved a lot of lives. now we have 900. they put some back. but 900 if you're talking about two. now, one of the sides has been essentially wiped out and nobody knows who the other side it, but i do. you know who it is? turkey.
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okay. turkey is the behind it. he was a smart guy and wanted it for thousands of years and he got it. and those people that they were controlled by turkey and that's okay. it's another way to fight. but, no, i don't think that i want to have our soldiers killed, but i don't think that'll happen now anyway because the one side has been decimated. >> nobody knows who really is the final and i believe turkey and i think turkey is very smart. he's a very smart guy and very tough. but turkey did an unfriendly takeover without a lot of lives being lost. assad was a butcher and what he did to children. you remember i attacked him with the 58 missiles.
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unbelievable missiles coming from ships, 700 miles away. everyone of them hit their target. i did that. that was the red line in the sand. obama drew it and then he refused to honor what he did. if anybody goes across the red line and assad killed many more children after that and obama did nothing, but i did. i hit him with a lot of missiles. in fact, president xi was sitting here the night he was in that dining room having chocolate cake. remember? the famous chocolate cake. but that's when i explained what we were doing as the missiles were shot. it was amazing as to precision because every one of those missiles hit the target from a long distance away. had president obama drawn the line where it meant something, you wouldn't have even had russia there. in the end, i never understood why russia went there. they were not getting very much out of it.
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now their time is taken up with ukraine and we'd like to get them to stop on ukraine and ukraine stop also. as you know, when i went to the cathedral, which is fantastic. the job they've done in france and the job that macron doing a phenomenal job on rebuilding of that cathedral and mag nevins sent and did a great thing and great respect for the country and meaning i'm the country, i'm the representative of our country, and we were treated with great respect. one of the people that came to pay his reasons is as you know ukraine. zelensky. he wants peace. everyone is being killed. it's the worst carnage that this world has seen since world war ii. i have pictures and feels with bodies lying on top of bodies and looks like old pictures of
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the civil war were just bodies are all over and if you saw the pictures, you'd feel more strongly about it and it's got to stop. we're trying to do that. we're going to see. we'll be talking to president putin and talking to the representatives, zelensky and representatives from ukraine. we've got to stop it. it's carnage. thank you, good to see you. good to see you. >> can you comment on the drones flying around new jersey? seems like their people have a big -- >> the government knows what's happening. look, our military knows where they took off from. if it's a garage, they can go right into that garage. they know where it came from and where it went. for some reason, they don't want to comment and they'd be better off saying what it is and our
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military knows and our president knows. and for some reason, they want to keep people in suspense. i can't imagine it's the enemy because if it was the enemy, they'd blast it out. even if they were late, they'd blast it. something strange is going on and for some reason they don't want to tell the people and they should. the people are really -- they hop to be over bedminster. they're very close to bedminster. i think maybe i won't spend the weekend in bedminster. i decided to cancel my trip. >> have you received an intelligence briefing on the droneses? >> i don't want to comment on that. >> two quick questions. first, on vaccines, do you want rfk jr. to revoke any vaccines? >> no, i want him to come back with a report as to what he thinks. we'l out a lot. we're doing two things and have tremendous cost savings that will come out of this. that's a minimum and we'll have, i think, very serious discussions about certain things
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whether it's pesticides -- you know, europe doesn't use pesticides and yet they have a better mortality rate than we do. they don't use pesticides and use it as an excuse not to take our we spent billions and billions of dollars on pesticides and something bad is happening. if you take a look at autism today versus 25 years ago and is not even believable. we are going to have reports. nothing would happen quickly you will find bobby is very rational guy. i find him to be very rational you not to lose the polio vaccine that's not going to happen. i saw what happened with polio and i have friends that were very much affected by that. i have friends for many years ago and they've obviously are not in good shape because of it, many people died.

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