President Trump
Appearances
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Hello, everybody. Hello, Mr. President. I love that house he has. I love David's house. That made the biggest impression, huh? Thank you, sir.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
But we have, I would say, most of our states will do a much better job. I think all of them will do better than, you can't do worse than what we're doing right now. But all of them will do better. But some will be absolutely education, a factory in a positive sense, factories. We are going to close up education. We'll have a
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
tiny little group to make sure everyone's teaching at least English and perhaps proper math, et cetera, et cetera, but very little. Department of Education goes and education goes back to the states and where it belongs. I mean, where it absolutely belongs. And you're gonna save a lot of money. You can look at interior with that.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
You can look at environmental with a lot of that, where the environment can be controlled by the states instead of this big bureaucracy in Washington, DC. I mean, what do you do when China's burning all the coal and they're sending the ashes over the United States? Because that's what happens. Takes three and a half days and it blows over the United States.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
In the meantime, we're keeping things good. We produce clean coal, we're gonna produce clean energy, but we have to get back to energy. We're spending, trillions of dollars on artificial weak energy that's not gonna fire up our plants. Our plants have to be fired up.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
We have a phenomena coming up right now, and I was talking about it the other day to David, and that's AI, a little thing, simple tool, little simple letters, but it's big. And I realized the other day, more than any time when we were at David's house and talking to a lot of geniuses from Silicon Valley and other places,
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
They need electricity at levels that nobody's ever experienced before to be successful, to be a leader in AI. The amount of electricity that is like double what we have right now and even triple what we have right now, it's incredible how much they need to be the leader. We're going to have to be able to do that.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
A windmill turning with its blade knocking out the birds and everything else is not going to be able to make us competitive. You'll have China.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
We do, and nuclear is okay with me. And what we're doing is, you know, if you look at Alabama, you look at a couple of states where they built these plants and they had cost overruns that are, nobody's ever seen anything like it, where they're costing $25 billion to build a plant. There were a couple of them built in the South. I won't mention the places, but you know the places.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And they came out at numbers at, I think, the most expensive things ever built in our country. And the inspectors would go in. They say, those walls aren't thick enough. Knock them down and build another wall. And the environmental people were brutal. In France and in other places where they do have a lot of nuclear, they build small plants all the same.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And if they need double the amount, they'll build two of them. as opposed to the nonsense that we've done where we build these massive plants and they never get built and they have cost overruns of three, four, 500%. Nobody's ever seen anything like it. No, I'm okay with nuclear, but you have to do it in a way that makes sense.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And they have nuclear applications today that can be built and can be built reasonably inexpensively. But nuclear certainly is very strong power.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I would guarantee it. I wouldn't. No. It's different for France. They're neighbors, more or less. We have an ocean in between. It's different for Germany, although Germany is much less involved than they should be, and other countries, but we have a big ocean in between.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
One of the things I think is so unfair, David, I think it's terrible, is that we're giving, probably we're at least $100 billion more than Europe, meaning Europe as a whole, put together And the economies are similar size, believe it or not. That put together and us is about a very similar economy size. But it's much more important for them. It's important for everyone.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
You have to have, look, this would have never happened if I were president. It would have never, Putin would have never done it. And it happened for two reasons. It also happened because oil went through the roof and he had all this money to prosecute the war. But the oil was at a much lower level, the price of oil. He wouldn't have been able to afford the war.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
All of a sudden, when it hit almost $100 a barrel, he said, you know, I mean, he's one of the few to make money during a war because the oil has gone. And it stayed very high. It's extremely high right now. And it's going up. Oil prices all over the country are going up, as you probably have noticed. I will tell you, that would have never happened. Ukraine would have never happened.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
The Israeli attack would have never happened. And inflation would have never happened. Those are three big things. Inflation would have never happened. But with Ukraine, and now it's very much, look, Ukraine is now
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I read the other day where they don't have the soldiers, they don't have the manpower, they want to use children, they want to use old people, very old people, people that are not really perhaps equipped to fight. They're not doing well.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
So for 20 years, I heard that NATO, if Ukraine goes into NATO, it's a real problem for Russia. I've heard that for a long time. And I think that's really why this war started. I'm not sure that this war would have started. Biden was saying all of the wrong things. And one of the wrong things, he was saying, no, Ukraine will go into NATO. That's one of the many things he said.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
When I listened to him speak, I said, this guy is going to start a war. Because as you know, for four years, there was never even talk of Russia going into Ukraine. That would have never happened. Russia was not going to attack Ukraine. As soon as I got out, they started to form along the lines. And I thought that Putin, maybe, well, he's a good negotiator.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Yeah, we're in a nice house.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I thought he was going to be doing that for negotiation purposes. Then all of a sudden they attacked and I said, what's going on here? But if you look at the rhetoric from Biden, he was saying the opposite of what, in my opinion, you had to say. The things he was saying, and he's still saying it. He's saying things that are so crazy. Inflammatory.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
So I'd say regulation, regulation and taxes. Okay. You know, I gave the biggest tax cut in the history of our country and a lot to business. It took them down from, look, as you know, they were paying people, companies were paying 40%, 45%, including state and city taxes in many cases. And we got it down to 21%. We'd like to get it down lower, actually, but we got it down.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
But let's say you were running Russia, you wouldn't be too happy. And that's always been off the table. You know, it's a border. And it's always been, you know, I don't think that they would have, if they thought that that was going to remain sort of a territory where you don't have NATO, but they don't wanna have soldiers right on their border. They don't wanna have it.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
It's always been understood. And that's even before Putin. It's always been understood that that was a no-no. And now you can go against their wishes, and it doesn't mean they're right when they say that. But that was very provocative. And now it's even more provocative. And they're talking about, I hear routinely, they're now talking about Ukraine entering NATO.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And now I hear France wants to go in and fight. Well, I wish them a lot of luck. I think good luck.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Again, it's so sad to me because it would have never happened Iran was broke. They had no money. I sanctioned countries that wanted to buy oil from Iran, and I would have made a fair deal with Iran. I was gonna get along with Iran. I was gonna get along with everybody. We did the Abraham Accords. I think eventually Iran would have been in the Abraham Accords.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
We had four strong countries go in, and nobody went in since I got out. That whole thing should have been loaded up right now. It should have been full. They did nothing with the Abraham Accords that everybody said were great. They said, we're gonna get the ultimate prize because of that. It was amazing. If anybody else did it, if a Democrat did it, they would have gotten every prize in the book.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
every prize in the book, but I did it. And it was a great thing that we did. It was a phenomenal thing. But when you look at what happened now and you see what's going on, it's very, very, very, very sad. That attack would have never happened in a million years. Iran didn't have the money for Hamas. They didn't have the money for Hezbollah.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
They didn't have the money for any of the 28 other cells of terror or whatever you want to call them. Iran was broke. I say respectfully, they had no money and they weren't given money. And actually it was a big story when I was toward the end of my term, there was a lot of big stories that there was no terror going on because Iran didn't have the money, they had to survive.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
We would have made a deal good for everybody. Everybody would have been happy. The main thing is Iran can't have a nuclear weapon. That was my main thing. The deal was a simple deal. Iran can't have a nuclear, you know, it can't have a missile, can't have a nuclear missile. It cannot have that nuclear capability. Other than that, we talk about everything. They would have been very happy.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
It would have been fine. And you would have had peace in the Middle East. The problem is I had them at a point where you could have negotiated. A child could have made a deal with them. And Biden did nothing. He did nothing.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
A young man that knew nothing or a young woman that knew nothing in kindergarten could have made a deal with Iran at that time because they wanted to make a deal. And Biden never took advantage of it. Now, They put back no sanctions, all of the different things that they gave them. China buys billions and billions of dollars of oil every month, many billions of dollars a month.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Other people are buying. So Iran now has $250 billion cash. They made it all in three and a half years. And now they're much tougher to deal with. And I will tell you, I got along great with Kim Jong-un. We solved that problem. Nobody was in danger. But this is a big problem. This is a real problem. And within 90 days or so, they're going to have and could have very well a nuclear weapon.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And Israel is a big difference in Israel between Iran with a nuclear weapon and Iran without a nuclear weapon. And lots of luck in that negotiation. That's going to be a much more difficult negotiation.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And the revenues were better than ever, even with the lower rate. We had record revenues, which tells you a little bit about that, but also the regulations. And when I asked a lot of people, a lot of big people, a lot of corporate types, big corporate types, I said, have you had your choice between just the taxes or just the regulations? Where did I do better, he said, the regulations.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
So I don't need a national ban because it's up to the states. Right now, what I did is something that people have wanted to do for from day one, 51 years it's been going on. And if you remember, over the years, you're too young, but over the years, all they wanted to do is they wanted to take it out of the federal government and move it into the states.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And I got that done with the selection of three great justices. I got it done. And it was a big thing. But I will say over the last 10 years or maybe a little bit more than that, they started talking about the number of weeks and this and that, a lot of different subjects came in. It was no longer just simply bringing it back.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Every legal scholar from Democrat to Republican, liberal, conservative, they all wanted it given to the states because from a legal standpoint, from a lot of other standpoints, including even a moral standpoint, they wanted it brought back to the states and what I did is I got it back to the states and now the states are in charge and the people are voting.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And some votes are coming out the way certain people wanted and some votes aren't coming out the way certain people wanted. I mean, if you look at Ohio, I would say it was a more liberal vote than people would have thought. And you could say that for Kansas, and then you look at Texas, it was a different story. But the people of the states have got that issue now, and they're voting.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And the one thing that we have to remember that there's been a lot of radicalism talked about, and the radicalism is really on the left because they're willing to do abortions in the eighth and ninth months.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And even beyond that, I mean, we have some people, the governor, take a look at the governor of Virginia, the former governor of Virginia, where he talked about, we will kill the baby after the baby is born. That's a very radical stance, and hopefully that's all gonna be taken off the table now. But just to put it simply, it's now up to the states.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And like Ronald Reagan, I'm a believer in the exceptions, the three exceptions, as you know, and rape, incest, life of the mother. the danger for the life of the mother. And we have a situation now where it's in the state's hands and the states are going to be voting.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
The last thing people want, the people are gonna be voting, the last thing people want is for that to go back into the federal government. It was always fought, and very importantly, and people wanted it, they wanted it back in the States where it belongs legally and for a lot of other reasons. So you wouldn't support a national ban? No, I wouldn't support a national ban. No, I would not.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I think it's not inevitable. I think it's unlikely. I know President Xi very well. We got along great until COVID. Then I wasn't so happy with him because they gave it to us. I said it came from the Wuhan lab. I was right about that. They said then it started in Italy and then it started in France and started everywhere but there, but it started in China.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I know. The judge said $18 million. People said Palm Beach has gone down a long way. Hello, everybody.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And it was a many, many millions of people died all over the world and cost the world probably $60 trillion, which is more money than China has and more money than anybody has. The death and destruction has been unbelievable.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I was the biggest cutter of, in four years, I cut more regulations than anybody by four, by far, not even close. And when I spoke to different people about the regulation versus the taxes, I don't think I've ever had anybody say, and the taxes were a massive cut, from 37, 38%, if you look at it just there,
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
But I think it's high, if you have the right president, we can live at peace with China, we can do very well with China, compete with China, but we don't have the right president right now. He's not respected by China, he's being laughed at by China, and he's a Manchurian candidate. I mean, he's received money from China, his family,
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And that makes him, to me, somebody that shouldn't be negotiating. He's got a conflict of interest. But no, I don't see war with China as being inevitable at all.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
So if you remember, I'm the one that stopped it. And I stopped it maybe for a lucky reason or an unusual reason. I said, why are we paying money to China? It wasn't about gain of function or anything else. It was, why are we paying money to China? China's got a lot of money. and they're doing fine.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
They want us to consider them a growing nation, a nation in distress, all sorts of things, because they always take advantage of every treaty by saying that they need their an improving nation. I heard the other day they have all different terms for changing, but they're a growing nation. Well, we're a growing nation too.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
We're a nation that's becoming a third world nation based on what we're seeing. But I was the one that stopped that when I saw that. I was the one that stopped that. The Fauci thing is an interesting phenomena. I was not a big fan of his. As you know, he said, no, let everybody come in from China. I overrode him on that. I overrode him on a lot, but he wanted the people from China.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
When I heard about this, I stopped it. We had a room loaded up with people and nobody could even believe it, but I stopped it. We would have lost hundreds of thousands of people more, maybe more, much more, maybe over the millions, but hundreds of thousands of people more had I not stopped people coming in from China.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Well, I've always said the origin was, you know, where it came from, where it originally came from was the Wuhan lab. I happen to think it escaped from the Wuhan lab. I mean, I don't believe it came from the bats in 2,000 miles away caves. I don't believe it came from other countries as China tried to convince people it did.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I thought it should have been called the China virus because it was a very much more accurate term than COVID. Nobody knows what COVID even means. Why is it COVID? But no, I was always.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I don't think I dealt. You have to understand, Fauci was a much bigger factor in the Biden administration than he was in the Trump administration. I didn't rely on him that much because I didn't trust him. I would say, got along with him, fine, not really, but I didn't trust him. And again, I was the one that stopped the money going to China. I didn't like it. I didn't stop it because of COVID.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I didn't stop it because of anything other than why are we paying money to China? It was strange. They should pay us money. We shouldn't pay them money. One of the things I can tell you, the World Health Organization, so we pay them almost $500 million. And China pays them $39 million. And so I got out of the World Health Organization. They did absolutely nothing. They called it totally wrong.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
to 21%, I don't think I ever had anybody say that the taxes were more important than the regulation cuts. I made it possible to build. I made it possible to do things, to invest. I was able to get companies with a lot of money outside of the USA to bring that money back in. You know, we cut the rate. And it was crazy. The rate was like 55%.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I got out. They called me and they said, we'll do anything to keep you in, anything, anything. I said, well, why are they paying 39 million? We're paying almost 500 million. And they said, well, we'll work out a deal where you can pay much less. I said, well, now you're starting to talk. But even that, it was very popular when I got out.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
It was a very politically, it would have been very hard to go back in. People were thrilled that I got out. I could have made a deal to go in for 39 million. They offered me a deal to go in for 39 million, and I actually turned it down. I said, you know, it should be, if you look at, we're at 350 million, and they're at 1.4 billion people, right? So it should have been 25% or less than that.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
But I didn't want to quibble. But I could have gone back in immediately for $39 million as opposed to 500. Then a horrible, horrible election which helped destroy our country took place in 2020. And they went back in and they're paying more than $500 million. And they knew I could have made a deal. Now, it's a lot of money, not when you talk about the world, but it's still a lot of money.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
But it shows you the stupidity of the whole thing. They could have made a deal for 39 million. Instead, they're paying much more than they paid even before. And that's the way the mindset of our country is. And here's the big part. China totally controls the WHO. China totally controls them. We have very little control over them. And now they want to give control over our whole country to them.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
which would be a terrible mistake.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Well, I have a lot of things. I mean, I did a lot of things in the FBI. I fired a lot of their top people, including Comey, who was terrible at what he did, a terrible person and terrible at what he did. I fired McCabe. And, you know, I don't have to go through Lisa and Strzok and all of the lovers. And I fired a whole group of people. I got rid of them.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And, you know, so many of the agents are so incredible in the FBI down below. But we got rid of a lot. You take a look at the World Health again. We got out of the World Health. We got out of the... This is a similar thing that, you know, this is really similar to your answer, but we got out of the World Health Organization, which was a tremendous thing. We got rid of the Paris...
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
The Paris Accord was a disaster for us. We were gonna pay a trillion dollars and other countries were paying nothing. Russia was paying nothing. China was paying nothing. It didn't even kick in for China until 2030, whereas with us, it kicked in immediately. So I got rid of the Paris Accord.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I did a lot of things having to do with not only people, but tremendous amounts of money because the Paris Accord was so unfair. And I said, you know, when I do this, people are not gonna like it, but I have to do it because it's right. People loved it. The public understood it. They loved it.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
So that means if they bring the money back, they lose half their money before they even start. But it was also impossible from a standpoint, a structural standpoint, a legal standpoint. It was very hard. And they were able to bring back, I mean, Apple's an example. They brought hundreds of billions of dollars back from other countries into the United States and invested it here.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And now they've gone back into the Paris Accord at the same terms and even worse than the terms I got out. It's really a shame. It's so many things. It's so sad to see so many things. I mean, the WHO, the Paris Accord, you take a look at these things, they could have gone back. If they wanted to go back, if they had it, they could have gone back for a fraction of what they were doing.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And they're very unfair to the United States. We're like a lapdog for every other country.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Yes. So we built hundreds of miles of wall, David, as you know, and we're very proud of it. We did it as per specification by the Border Patrol. They wanted exactly the wall that we did with the climb paddle on top with steel, concrete and then rebar and all of the things that they wanted. They wanted to have vision through it, clearly through it.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And because I thought about concrete plank, frankly, going up 40 or 50 feet and they They didn't like that. They wanted to have vision through, and I understood that too. I sort of disagreed with it, but that's okay. We actually brought climbers in, Mount Everest climbers to climb, and we built a very hard wall to climb. It's a very effective wall.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And we built hundreds of miles, and then we're going to add quite a bit. at the very end. And we bought about 200 additional miles and it was ready to be put up, could have been put up in three weeks, maybe four weeks. And areas that were rough areas that were people coming in, because as you build the wall, they go in different areas, right? They go further out.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
It was so effective, it was so effective. Mexico gave us a lot of troops for free because of a certain negotiation that I had with them, you heard that. But it was so effective, the wall. But Biden, they didn't wanna, put up those slats that were going up routinely by us. That means you had gaps.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
As an example, you had gates in certain area that we put up, we were going to put up, big powerful gates that we could open and you could let equipment through, et cetera, et cetera, if you needed it. And they got rid of everything. They sold it for five cents on the dollar, much of it, five cents on the dollar. I said, I can't believe it. And that's the first time that I said, they're serious.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
They actually want open borders. They want an open border. Nobody could believe it. I couldn't believe it because I never believed they wanted an open border because who would be stupid enough to want an open border? Look what's happened with an open border. I was very proud of that.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
We had the safest border in the history of our country, and now we have the worst border in the history of the world. We had a safe border. I had a remain in Mexico policy, catch and release in Mexico, not in the United States. Everything was so good, but the remain in Mexico was a big deal. Not easy to get, but it was a big deal. They were in Tijuana, hundreds of thousands of people.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
So but it's very interesting because I asked the question all the time, which was more important? And almost everybody said I did an even better job. And I got the biggest tax cuts, the biggest tax cuts, bigger than the Reagan tax cuts. But they found regulations and the regulation cuts were even more effective. And that's where we had the great economy.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
They had to be approved to come into our country. And now you look at what's happened. We've been overrun. It's an invasion of our country by people. Many people come out of jails and prisons. They come out of mental institutions, insane asylums, and we have terrorists coming into our country at a level that we've never seen before. It's very sad.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
They want to destroy our country. You know, the fact is, it's incredible. The big mistake I made, I should have said, I will not build a wall. We do not want a wall. And that wall would have gone up in 15 minutes.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I do promise, but I happen to agree. That's why I promise. Otherwise, I wouldn't promise. Let me just tell you that it's so sad when we lose people from Harvard, MIT, from the greatest schools and lesser schools that are phenomenal schools also.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
What I wanted to do, and I would have done this, but then we had to solve the COVID problem because that came in and dominated for a little while, as you perhaps know. But what I want to do and what I will do is you graduate from a college, I think you should get automatically as part of your diploma a green card to be able to stay in this country. And that includes junior colleges too.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Anybody graduates from a college, you go in there for two years or four years, If you graduate or you get a doctorate degree from a college, you should be able to stay in this country. And you know more stories than I do, but I know of stories where people graduated from a top college or from a college, and they desperately wanted to stay here. They had a plan for a company, a concept,
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
and they can't, they go back to India, they go back to China, they do the same basic company in those places and they become multi-billionaires employing thousands and thousands of people and it could have been done here. And a bigger example is you need a pool of people to work for your companies. You have great companies and they have to be smart people. Not everybody can be less than smart.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
You need brilliant people. And we forced the brilliant people, the people that graduate from college, the people that are number one in their class from the best colleges, you have to be able to recruit these people and keep the people. It was such a big deal.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And that's where we had the most jobs ever produced.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Somebody graduates at the top of the class, they can't even make a deal with the company because they don't think they're going to be able to stay in the country. That is going to end on day one.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
What happened? I actually did do it. I released a lot, as you know. But when it came to the whole thing, I was hit by some people that worked for me that are great people that you would respect. And they asked me not to do it. And I'm saying, why? Tell me why. And they said, sir, I think it needs a little more time. And I released a lot. But I said, if they feel so strongly, I respect the people.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
and would have done that again. But this time, I'm just going to do it.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Well, this wasn't CIA that asked me, but I think CIA was probably behind it. But they didn't. They would have preferred that I not release the rest of it. So we did give quite a bit. It's going to be done early on. A lot of people want to see that. And Whatever it may say, I won't say. I sort of have an idea. But whatever it is, it'll be very interesting for people to see.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And we're going to have to learn from it.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
You know, there are other things we're going to release, too. We're going to release. What else do you got? We'll talk to you about it off camera. Aliens? By the way, I generally speaking, and there are reasons not to release certain things, obviously, but I generally, you know, it's transparency. And I think it's important that we release that. And there are other things, too.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
There are other things that you know about. But people, more than anything else, they want the JFK files. We're going to release that immediately.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Well, all I can say is this. I watched him with Paul Ryan and he destroyed Paul Ryan. Paul Ryan with the water. He was chugging water at a left and right. I didn't think a human being would be able to drink so much water at one time. And he beat Paul Ryan. So I'm not underestimating him. I'm not underestimating him. It is what it is. We'll see what happens. But you take a look at the last one.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I happen to think he's incompetent for a lot of reasons. I think he's incompetent because he has gotten the worst policies, both foreign policy and internal policy. I mean, who would not want to have a wall? Who wants to have millions of people pouring in? Who wants to have high taxes? You know... Taxes are going to raise by four times if this guy has his plan.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Well, I shouldn't be the one to say that, but I don't think he's doing particularly well. But I didn't think he was well 25 years ago. I thought he was not a smart person. And that was told to me by a certain member of the Kennedy family who was actually very friendly with me through a Palm Beach relationship. And I was told that very strongly. So I was never a fan of his. But I will say he beat...
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
He beat Paul Ryan, it was still years ago, but he beat Paul Ryan pretty badly. I assume he's going to be somebody that will be a worthy debater. Yeah, I would say. I don't want to underestimate him.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Think Biden would do this interview? I don't think so.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Absolutely not. I don't think so. I don't think he's doing these interviews. So it's an honor to be with you all. Very good question.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
There you have it.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Well, they don't understand it. And it's such an interesting question because you look at some of these places like Chicago and New York and LA and so many more. I'd hate to even mention the three because there are worse examples than that. You look at what's happened in Oakland and you look at what's happened into some cities that are disappearing. I mean, they're literally just crime waves.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Nobody lives there except for criminals because you can't live there. You can't survive there. Physically, you can't survive there. And when you look at the kind of crime that we're talking about, and then they take the power away from the police, the police can't do anything. If they do anything to stop it, they end up losing their pension, their house, their family.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
They end up losing everything. They get put in jail. And we're not talking about the rogue cops who do something really bad and should be taken care of badly. You know, be nasty. You got to be nasty to them also. But mostly, I mean, these people, they want to really like 99%, they want to stop crime. They hate to see it. They're not allowed to even, they're told not to do anything.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
When you see a department store that was so proud, they opened up a new store in a certain city and all of a sudden this, over the last couple of years has happened, this phenomena where 500 usually young people walk into the store and take everything. They have masks on, they walk out with television sets, air conditioners, they walk out with everything.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
This is a new phenomenon that's taken place and it's incredible. Look at drug stores, look at what's going on. Like in New York, you walk into a chain. I've seen it twice. I don't walk into too many drug stores, but I used to love it. I used to love to walk around and just look at what it is, whether it's a drug store or department store.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
But they told me just a little while ago, I had a meeting with some people and they say, you walk into a drugstore in New York and everything's covered up with bars and glass. And if you want just a little thing of aspirin or if you want to buy a toothbrush, you have to wait a half an hour to get a clerk and they open up this vault. and they give you a toothbrush.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
How do you do business like that? This is a phenomenon. There's never been anything like this. They didn't used to have theft of even the most minor items. They had very little theft, relatively speaking. They didn't have theft, but the police would arrest them if they did something. Today, they don't. They have limits sometimes. If you steal less than $2,000, you don't get arrested.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
So nobody steals more than $2,000. It's incredible when you see what's happened to the quality of life in our country. And it's happened so quickly. It's taken place so rapidly. Nobody's ever seen anything. But you look at retail, and I know the big deal. It used to be a big deal when a department store moved into a city or a certain store opened up even in a town.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
But it's usually the Democrat-run companies. big cities where this problem is taking place. And I don't say that as a Republican. I just say, you look at the 25 cities, the top problems, they're just about all Democrat, the Democrat run. And they're also high tax, high regulation states. Yeah, no cash bail, all these different things that have taken place. They're phenomena. It's a phenomena.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
What's going on? Nobody's ever seen anything like it. And it has to be stopped. It's a horrible quality of life. And on top of that, you can't walk to a store. You end up getting shot or mugged or something. The level of crime in the cities, in these big cities, is out of control. Nobody has ever seen anything like it.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Well, let me say that I respect Larry Summers a lot. He's been right about a lot of things and Obama and Biden have been wrong. certain things that he said turned out to be true, certain things. And he really, I do have a good respect for him. He's a different kind of a guy and he speaks his mind. I happen to be a big believer in tariffs because I think tariffs give you two things.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Oh, that's okay. Keeps it interesting.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
They give you economic gain, but they also give you a political gain. If a country is out of control and something having nothing to do with economics or having nothing to do with money coming in or money going out, but other things that are very political, because there are a lot of other things involved in countries, you have tremendous power over a country.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Now, not everybody can say that, but we can because we're the big piggy bank. But our piggy bank is going to get smaller and smaller all the time because we're losing power. We're losing a lot of countries on the dollar. I mean, they're going like flies. If we ever lose that, that's the equivalent of losing a war. That would be unbelievable. That would really make us third world.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
We have lost so many countries. I looked the other day. So Russia's gone. Russia's gone. You take a look. Ukraine doesn't sort of exist in a sense. Nobody knows what's going on there. But when you look at China, it's essentially gone. They're trying to get out of it. They're a primary competitor. Iran is not there.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
The other day, I read where Saudi Arabia is willing to now go in various different currencies instead of the dollar. This is a tragedy. This is a big thing that's happening against our country. And we cannot let that happen. With tariffs, it gives you a tremendous power as an example not to let that happen. You say, you want to do that?
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
We're going to put tariffs on your product coming into the United States. But more importantly, and that's a big importance, but probably of more importance is they tax us We tax them, reciprocal trade. I think we should have a reciprocal trade act. If China's gonna charge us $100 tariff or 100% tariff on a car, then we should say, you gotta pay 100% to us.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
You know, I put on a large tariff on China cars coming in, and it had a huge impact, a huge positive impact. And Biden only is doing the electric cars. I don't know why that is, because the electric cars, they're gonna end up all being made in China, by the way. They're not gonna be made here. The United Auto Workers are gonna take a blow like no unions ever.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Between that and people coming in, pouring into our country, unions are getting absolutely decimated. Absolutely. President Trump. But the reciprocal act is, I think, a very important thing when these countries, and I don't mean just China. We have other countries. You could take the European Union. They don't want our farm product, and they don't want our cars, and they don't want anything.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
We have a massive deficit right there. But you could go with many countries, and they essentially do things to us, and we should do things to them. Basically, it should be reciprocal.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Well, the biggest thing I think is growth, because we can grow our way out. As an example, we have more liquid gold under our feet. I use the term. We have more oil. We have more wells. We have more everything than anybody else. When I started, we were number three. Now we're number one. We were number one. He's going to keep it that way until after the election.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
If they ever won the election, there's no more oil coming out. There's no more oil. They were going down. Oil is what caused the inflation. You'd have nothing coming out. It would be a disaster. They were intelligent enough to let the oil wells continue to go. They're not happy about it.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
But if this election were won by them, I can tell you right now, we would see oil go through the roof because they would really close it up. Already, they're taken out of the strategic reserves just for politics because they want to try and keep the prices down as low as possible. But the big thing, we have tremendous growth potential.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And we have tremendous numbers of dollars that can be saved through efficiency. the way we're spending money, hundreds of billions of dollars, what Biden did with the trillions of dollars that he borrowed for COVID. Now I had a different situation. We were getting ready to start paying off debt. We were getting ready to make a lot. We had the greatest economy in history.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Got to meet them for the first time at your house and terrific, terrific. They did well. They might have started the whole thing. I don't know. I don't know if that court case was proper, but they were very nice, both of them. Absolutely. Really nice guys.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I had to throw a lot of money at COVID in order that we didn't end up in a 1929 type depression, which we could still end up in now because of what they've done. but I threw a lot of money in and we ended up not in a depression.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
And then we ended up with a very strong, I ended up with a higher stock market than it was just previous to COVID coming in, which was pretty much of a miracle according to most, but we had to throw money out there in order to keep our country going. We would have ended up, if I didn't do that, we would have ended up in a depression.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
The problem is when Biden came in, he took trillions and trillions of dollars for COVID. He didn't use it for COVID, he used it for other things, but he took trillions of dollars out and that caused a lot of the inflation. His energy policies caused inflation and his spending, the unbelievable spending that they did
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
caused inflation, tremendous inflation, and it's going to have an impact for a long time to come.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
Right, we have a lot of money floating around that should be brought back into the government, should be given back to DC, to Washington. As you know, there was a lot of money given out over the last couple of years, especially over the last, my money was given out to help us with COVID. Then they took money and they have no idea what they're even doing with it.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
That money can be given back and it should be given back and things can be done with that money that are positive. But we have, there are many, many things. I'll give you an example, education. We spend more on education per pupil than any other country. We spend numbers that are, and yet we're terrible at it. We're down at the bottom of the list and yet we're at the top of the list.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
I would give, I am going to very early in the administration, we're gonna send education back to the states. we're gonna give them approximately half the number of dollars and they're gonna have so much money like they've never had before because they can spend a fraction of what we're spending right now and have much better school systems.
All-In with Chamath, Jason, Sacks & Friedberg
In conversation with President Trump
As an example, you go to, you could name many, you go to Nebraska, you go to Iowa, you go to many states, we'll do a far better job than we're doing right now And they'll do it for a fraction of the cost. We'll save a tremendous amount of money and have better. Some states, I don't believe, will do a very good job, but they're going to have to learn to.