welcome back longtime dealmaker former real estate Titan and now two-time commanderin-chief president Trump has been luring deep pocketed investors and companies to invest in America since returning to the White House locking up commitments of some $2 trillion do into the United States in his first month back in office the president told me about his next Conquest the Panama Canal after news this week that an American company Black Rock will acquire 2 ports operating around the Panama Canal from Hong Kong based CK Hutcherson for $23 billion China essentially had it it was a china-based company I'd
much rather deal with black rock than a chinab based company and black rock is fine I knew they were doing that I was I was totally okay with it and when you go through the pan Mak it easier give us a sense of China has dominated The Carter Administration gave the Panama Canal for $1 gave the Panama Canal to Panama for no reason they had a little demonstration of a few people and he did gave it it's the most expensive thing we've ever built in the history of our country relatively in other words if you
bring it up in today's Z we lost 38,000 people to the mosquito and the snakes snakes are vicious they had a very vicious snake if you got bit you were in big trouble wow but mostly to mosquitoes malaria and we built this this incredible thing the eighth wonder of the world right you know it connects two oceans and one ocean is substantially higher than the other nobody knows it that's why you have the lucks and the most incredible thing and it's it does great and we shouldn't have given it we should have never given it
but we didn't give it to China we gave it to Panama and now Panama has gone out and essentially given it seated it to China and until they ripped all the signs down about a week ago when they saw that I was serious about this you know most of the signs were written in Chinese they were all Chinese all over the place that wasn't the deal we're taking the Panama Canal back so you're coming up the the Congress is doing this reconciliation package when you look at where the spending is 76% of the spending going
to the mandatory programs don't you have to really cut into those mandatory programs in order to really make a dent you said you're going to balance the budget you can't balance the budget just by Doge Cuts right we're going to have growth like you've never seen before that's true yeah you said that we're going to have growth I'm not going to touch Social Security Medicare Medicaid now we're going to get fraud out of there you know you see where I talk about it all the time where you have people 250 years old and all you
know tremendous fraud but that has nothing to do with that we're going to get the fraud out and everybody wants us to get the fraud out and therefore you'll make it better but we're going to have tremendous growth when you look at all of the car companies that are now coming into the United States and they've been announcing like on a daily basis they're going to build their plants and they're going to create tremendous numbers of jobs and so many other things and I'm doing something else that I think is very exciting Maybe I'm Wrong
a gold card for $5 million you buy a path to citizenship in this country we'll see I believe that apple and all these companies that can't get people to come out of college and come because they get thrown at think of it you graduate number one at the Wharton School of Finance or Harvard or Stamford and you get thrown out of the country you can't stve more than one day and they want to hire these people but they can't they've complained to me about it now they can buy a a gold card and they can
take in that gold card and make it a part of their deal to get these top students no different than an athlete like a bonus it's a signing bonus and you're going to have a lot of people buy that you could have a lot of companies buying gold carts so for $5 million now it's a lot of money when you add it up if if we sell a lot of them yeah if we don't it's nothing ventured nothing lost but I think it's going to be very successful you can't get a green card a green
card this would be a green card on steroids this would be a much better than a green card how do you know the Chinese are not going to take advantage of it and exploit it didn't they they do that with student visas they may they may but they don't have to do that they can do it in other ways look the Democrats say that Elon mosque and Doge are overstepping their bounds you're right what Elon Musk and Doge has been able to uncover is unbelievable half of us did not even realize and stop there because
look stop there what he you just said what he's done is unbelievable now you could then add some well but what about the he's found hundreds of billions of dollars worth of fake contracts and I read them just a tiny portion of them the other night transgender surgery on mice 100 of I mean the money they're spending on all of this stuff the whole thing's a scam and you'll find ultimately that the money that they sent comes back to a lot of the people that made those deals okay you're going to find that what he's
also done is made people realize how many people should be cut because normally you go in and you say all right cut 4% of your Workforce he said cut 50% 60% 70% that's a big thing now he's done a great job paying a price for it you know I mean Heats he's paying a price for it I guess I don't know he he's he actually is a real Patriot he this is something that's really not good for him and yet he's doing it but he's opened a lot of eyes on the reconciliation package and the
tax extensions you've got your New York and California lawmakers they want the salt deduction lifted yeah it's at a limit of $10,000 are you going to double it I'd love to see uh something happen in salt you know I'm the one that made the deal Ronald Reagan tried like like you have no idea to get what I got I got anoir and I got salt he couldn't get anoir and he couldn't get salt I got salt but nobody knew how strong it would be I'd like to see them give back some of that now the
reason you know the two reasons but the reason that people don't like it is because they don't have it but everybody has it because it's a deduction but I'd like to see a good portion of salt be hit back I'd like to see that I also think it would have a big impact on the election because I think you'd have a lot of congressmen get elected that maybe wouldn't get elected without it so is it a double is is the right is that right to go to 20,000 or well they're at 10 or so and
maybe they're trying to get it to 20 but I think that would be very good yeah look I think the Federal Reserve is stonewalling your Doge efforts okay I heard the other day that J Powell is trying to Lobby the White House to not fill the position of Vice chairman and Bank supervisor he said look I'll just Mel that into my own uh you know role this is a presidential pick you know an appointment are you going to an appoint a vice chairman and Bank supervisor at the Federal Reserve well I haven't heard he's trying
to do that but the answer is yeah I'll be picking somebody fairly soon
