Hi, everybody. I'm Geraldo Rivera and this, of course, is not our usual studio. This is the elegant, the extraordinary penthouse apartment on Fifth Avenue of Donald Trump. Mr. Trump is our only guest for the hour. How you doing? Hi, Geraldo. Hi. Got that out of the way right away. We did indeed. Good job. But isn't that something -- something crazy like that would so haunt you, shaking hands. Well, I don't want -- I don't mind shaking your hand, but the concept of shaking hands is not something I love, as you know. Do you mind? I -- I don't really. You know, when you march in the Puerto Rican Day parade you swap bodily fluids with 300,000 of your closest friends, you can't mind too much. But, I understand, theoretically, you know, how germs can be transmitted. But you get stuck in something like that, and people think about that rather than your huge success in business or your political ideas. It's an amazing thing. The other night I was having dinner at a beautiful restaurant, and I see a guy coming out of a men's room. He just walks out. And he said, 'Mr. Trump, I'm a huge fan of yours.' And he puts out his hand. And, literally, I'm eating a roll, and the good news, I shook his hand and I didn't eat the roll. So I was very happy about that. Maybe we should do that more often. I have heard stories though. Clinton was shaking hands with 500 or 600 people, he then got into the back of the presidential limo, grabs a sandwich and he eat its, and no problem. I wish I could be like that. I just can't. But you don't eat at McDonald's though, I mean, do you? I love McDonald's. Yeah. You do? I mean, yeah, I can imagine what goes on there, but, I love McDonald's. Nice digs. Thank you. Now you're going to give all this up for the White House. It's a step down. You're the only person I can think of where it would be a -- you know, a step down. Well, it's something that we're looking at very seriously, as you know. And, you know, the polls have been amazing. I mean, it's just been amazing. Jesse came out and Jesse sort of started it. He's known me and he said, 'You know, you should do this.' And other people have said, 'Do it.' And then they do polls and then they do television ratings, and I guess I'm here for a certain reason, but they do television ratings, and they do all this, and somehow the numbers are amazing and let's see what happens. We're looking at it very seriously. Donald Trump, of course, needs no introduction to the vast majority of Americans. We'll do it anyway. He is a billionaire real estate tycoon, a high roller, who controls a vast empire of skyscrapers, hotels and casinos. After plunging maybe $ 9 billion into debt at the beginning of the decade, he pulled himself out of a hole. He did it so spectacularly, that he turned that experience into one of his best-selling books, The Art of the Comeback. Now we watched as The Donald No, it's a book that's much different from my other three. My other three were all best sellers and did great and I was very happy with it. But this is one -- a little bit of my views on the country and where we're going, and I think pretty detailed and we'll see how it does. It's very much different. It's not how to get rich, but it's how to keep the country rich and how to keep the country good. And I think it's something that's going to sell well without this. But this is, you admit, a great way to publicize, in a way that is priceless, not just the book, but the Trump brand. And that's one of the -- one of the suspicions, I guess, that the skeptics have, Donald, about your running. It has actually been good for business, believe it or not. And the book will do well, and I think the book will do well with that. But the book doesn't mean -- from an economic standpoint, it means very little of anything to me. If it does great, it doesn't mean a lot of money. But this is just something I've really been thinking about. I've been looking at it. I've been looking at the realism of it from the standpoint that I do so well in the polls, and I'm going to give it a serious, really, consideration. I want to get to the news. We'll do the hour, I guess, in kind of segments. I want to talk about politics. I want to talk about your own, you know, ambition in life. What ambition does a billionaire have left. And talk a little bit about your -- your private, or social life. Let's start with the politics and then let's get the news out of the way. When will you formally announce a candidacy? Well, we'll be thinking about it very, very strongly come January, February and March, the beginning of the year. We'll be announcing probably tomorrow that in California we're looking into the reform -- we're going to be filing for the Reform Party candidacy, and probably also in Ohio. There are certain specific dates. So we'll be doing that filing perhaps tomorrow. And I guess that's your little news break today if you call it a news break. But we are -- we're seriously going forward and seeing where it all stands. We don't know who else is running. I guess Pat Buchanan's running because they threw him out of the Republican Party. So he has really no choice. I mean, he either does this or perhaps goes back to Crossfire. So you're saying November 1st, the California filing, which is the real first formal Reform Party requirement, you'll be doing that? That's correct. So in California to file you just need a certain number of petitions? That is correct -- signatures. And also, Ohio, and they need a specific date. So in order to stay in, we're doing that, and I think that's showing people also that I'm serious and I am very serious. Ohio in November 7th. That is correct. So you're in both? Correct. So are you in for the long haul? Well, we're going to have to see. I'm going to have to look at a lot of things. At this moment, it certainly looks like it's promising. As you saw in the polls, I beat Pat Buchanan against Bush and Gore substantially, and I guess CNN did a poll, and Gallup did a poll saying that I would come out far ahead of Pat Buchanan and -- and everybody else within the Reform Party, so I was happy with that, and we'll just have to see what happens, Geraldo. The same polls you cite which did indeed show you slightly stronger than Pat Buchanan running against Al Gore and George W. Bush also show that 58 percent of the American people disapprove of you personally. Opinion of Donald Trump Favorable: 33% Unfavorable: 58% Source: CNN/USA Today/Gallup Well, that's possible. I mean, in -- you never really know. But if you look at some very popular politicians, they have -- I haven't run yet. I haven't done anything. I haven't spent 10 cents essentially on this campaign. I've done a couple of interviews. I'm done -- I'm now doing your show. I've done a few interviews; and I think we'll see what happens when I decide to run, if I decide to run. It's going to be very interesting. What do you think of Pat Buchanan, your likely opponent? Well, I -- I think that -- first of all, I always sort of liked him. I've done his show. His show was always interesting to me. He's been an interesting guy. I've always thought he was a nice guy. I think his book is amazing that he could write this book, and I watched him on the various shows and 90 percent of the shows he's defending the book. I don't get why he did it. But he's obviously got a love affair going with Adolf Hitler, and I just can't imagine that being very popular at this time and date and place. Well, let me read the quote actually from Buchanan's book. He says, Had Britain and France not given war guarantees to Poland That's on the assumption that you think that Hitler would have really stopped, and Hitler was a mad man. Hitler wouldn't have stopped. Hitler would have gone through Europe, he would have gone through Russia. He would have come and gotten us just like he would have done one at a time. And, frankly, his biggest problem was he wanted the whole world at one time. And I watched his rationale, and he said, 'Hitler wouldn't have come after us' and 'He wouldn't have come after this and that.' And he was assuming that Hitler's like a sane man. Hitler was a mad man. I -- I just couldn't believe it. And I couldn't believe he'd write the book at that time. Do you think he's an anti-Semite? I think so based on what I've heard, and based on the fact that a lot of Jewish friends of mine -- and, in fact, certain columnists came up to me and said he's written things over the years that are unbelievable. So I think so, probably, but you'd have to ask him that question. That's Pat Buchanan. Let's go through the other Reform Party personalities. Ross Perot, do you think he's a nut job? Well, look, he's done a great job in that he did create a party and I think that's going to be the legacy, not his wealth or anything else. I mean, he created a party. It'll be very interesting to see whether or not he runs. I don't think he's going to run, but it will be certainly interesting. But his legacy is he's done a great job in creating a third party, an alternative. Unlike Buchanan who is going to have a very tough time in the first stage of an independent candidacy just because it's going to take millions of dollars, Ross Perot could almost match you dollar for dollar, could he not? He could. He could spend a lot of money and he would spend a lot of money. The problem is that his -- his numbers have gone down so drastically from election to election. And it'll be just -- to me, I'm really waiting to see what he's going to do. I mean, I watched Governor Lamm, who I don't know at all, and he was really -- I mean, I felt sorry for the lamb, because the lamb was led to slaughter. What happened there was that he thought he was going to have the support of Ross Perot, and he went in and he was all psyched and then all of a sudden Ross Perot decided to run. It could be that Ross Perot decides again to run, and certainly it'll be interesting. But, you know, if -- if you're going to win the election -- I would only do this if you could win. If I thought I couldn't win -- if I was going to get 21 percent or 24 percent or 25 percent of the vote in the three-way race and not win, I wouldn't do it, Geraldo. It wouldn't be worth it. I'll be back -- I'll take one day, I'll say what a great job I did, and then I'll be back at my office at Trump Tower. I'm not into that. If I could win -- and that's what really more than anything else I'm studying -- if I could win, I'd do it. Not just to get the Reform Party. Is Jesse Ventura's success in Minnesota a role model for you? I think it is. I had dinner with him the other night. He's a great guy. You know, he's a very commonsense, basic, very smart guy. And we had a lot of fun the other night. And I think it is. He is very popular out there. He took a little hit because of a Playboy interview that maybe wasn't very accurate. We all take hits with those Playboy interviews. I don't know what happens. No, no. I think we loosen up or something, but I'm not so sure that Jesse really said, if you read it carefully, really said what they say he said. But he's a spectacular guy, and, you know, he's just somebody that likes what I'm doing. Would there be a place for Jesse Ventura in the Trump government? Well, there certainly would be, but I'm sure he wouldn't want that perhaps. I mean, he's got his hands full. I hear he's doing a great job. He's very popular out in Minnesota, and he'll continue to do a great job. I think he's going to be a force for a long time. You don't see it as bizarre that a man you met in WrestleMania and a billionaire might be conceivably running the country? Well, I think he's a terrific guy. I think he's very smart. He speaks plainly and the truth and boom. And I -- I just think that Jesse has made an impact on the country. And, you know, you love to cover him, and other people love to cover him, and he also gets big ratings, and, therefore, you guys like us. I mean, until -- as I told you before, if I come up with a cure to cancer, if I don't get ratings, I'm not going to be on your show. We know that. All right? And the same goes for Jesse. It's one of those things. I think he's going to be around for a long time, and I think he's going to be very successful. So you're really doing this? Well, I'm really looking at it, and I'm looking at it very seriously. My guest for the hour, Donald Trump. This is Donald's spread on Fifth Avenue, on top of a building that, of course, is named after Donald. Stay tuned. Unedited Donald Trump. [Announcements] [Clip]If I didn't think they were completely nuts, it'd make no difference to me whether that person had become well-known as a basketball player or a businessman or an actor or a wrestler or a grocery store clerk or a drum majorette. I'd say to that person, I'd say, 'Look,' drum majorette, 'there's no harm in thinking about this, however unlikely it may be, but whatever you do, go ahead and speak up. Speak up for the people nobody speaks for.' What's your take on Warren Beatty? Well, I only met him once. I met him at a place around 2:30 in the morning, Mumba, which is a hot spot that I'm sure you know of, unfortunately for you perhaps. Oh, thank you again. But it's a hot spot in New York, and it's great, and I thought he was terrific. I mean, we both should not have been there, and we were, and that wasn't so long ago. But my take on him is he's -- he's a wonderful guy and a won... But what I'm saying, did -- did you talk politics to him when -- you didn't? We really didn't. No, we really didn't. You know, I think he's wonderful one on one, but he's very uncomfortable in front of a camera. And I've watched him being interviewed a couple of times on your friend David Letterman's show and others and he was just very, very uncomfortable. He was very uncomfortable making the speech. So I was more watching how uncomfortable he was perhaps than what he was saying, which is unfortunate. It shouldn't be that way. A pal of mine, Professor Alan Dershowitz, says that all third party candidates are inherently dangerous. That he wants politicians to be professional politicians, not amateurs. What's your response? Well, I know Alan quite well and I respect Alan's opinion, and there's a little truth to that, I suspect. I think that the Reform Party or a third party has a big disadvantage for one thing because you've had years and -- you know, hundreds of years of ceding to the other two parties. I think that if the right man gets in, or person gets in, or woman gets in, it could be spectacular for the country. I also think it could be negative. But you can truly say that about anybody. I mean, if you get the wrong person, it could be negative depending. I guess what he's really saying is that the politicians have been out there for a long time, they've been tested for a long time, and you may not like them, and they may not be very good and they may not be very bright, but at least you know what you're getting. But that's not really the way to get the finest. Do you think people are disenchanted, really, truly, with the political process? I think they're disenchanted with not the process, but the people in the process. You look at some of the people today. I mean, Bill Bradley is an example. Bill Bradley goes as this great moralist. He was going to get defeated in New Jersey. He was going to lose badly in New Jersey, so he dropped out on the basis that, 'the Senate is a terrible place and the world is a terrible place and I'm too good for everybody,' and the fact is he quit. He quit the race. And I don't know how he does. I -- I think that, you know, I used to say Gore is underrated. I think I'm still saying that. But I watched him jumping around the other night on the stage trying to be dynamic, and you can't do it. You have to be you. And if you're not going to be you, that's a little bit scary. So we'll see what happens there. But, yeah, people -- people are disenchanted with the people that are running, in my opinion. Grade them from A to F, if you want to? George W. Bush as a candidate? Well, I like him. I didn't love his answer on drugs. It wasn't very reassuring. But I like him, I think he's going to be a good candidate. I think McCain is coming up fairly strongly. We'll have to see. It looked like it was a one man -- man race. Maybe it won't be. But, certainly, so far he's made a very good showing. He's raised more money than anybody else, and -- other than me I guess, he's raised more money. Is that an indication of his ability to serve as a good president? It's an indication of -- of management. I think management is important, and he's managed thus far a good campaign. I mean, Al Gore spent a lot of money and given it to a lot of political consultants from all over the place, and I can understand. He's vice president and everybody that has an idea they comes in, and you just hire 'em, hire 'em, hire 'em because you're the Democrat, you're the vice president, you're going to have plenty of money and all of a sudden you have this big bureaucracy and you can't move. And he has to really just loosen up and just become Al Gore. I mean, he got to be vice president by being Al Gore, not by being this false guy that he's pretending to be. So what's he get? A, B, C, D, E, F? Well, I think he's a very good guy. I really think he is. I think he's done a terrible job in the campaign, and I really believe that if he's on his game he's gonna get one of his senator friends to run also so they'll have a three way race and he wins easily. I mean, Bradley is not luring anybody. What Bradley's doing is he just happens to be an alternative. So if I were Gore I'd say, 'Gee, do me a favor, Senator So and So. Run against me and take some of that vote away.' You were quoted in The New York Times of saying that, you know, you build -- you're the biggest developer by far in New York. You've managed to -- to understand and manage bureaucracies. You've got thousands, if not tens of thousands of employees. But is it really the same? Is being a real estate tycoon really the same skills you would need as president of the United States? I think I deal with much tougher people, being a real estate tycoon, as you call it, in New York, than you deal with in terms of politicians of other nations and heads of other nations, other than perhaps a couple of dictators who are pretty tough cookies. I mean, I deal with the toughest, smartest people in the world in New York. And I -- I -- excuse me, but I know everybod -- I mean, virtually every politician. Who don't I know? And I -- you know, I don't know if I should be saying it, but I'm certainly one of the largest contributors, so who really would know more about campaign finance reform than Donald Trump? I'm at the top of list. I'm maxed out every year. I know the politicians. I know some are very good and very talented, and some are really a bunch of stiffs and bad and not even honest, and, you know, I know a lot about politics and a lot about the politicians. How much are you worth anyway? I -- I get different -- I mean, Forbes says you're only worth $ 1,500,000,000. Fortune and some of the others say upwards of $ 4 billion. I have no idea what I'm worth. I mean, they say from $ 1,600,000,000 in Forbes to $ 6 billion. I have no idea. It doesn't matter. I mean, what's the General Motors building worth? What's Trump Tower worth? What's 40 Wall Street worth? I have no idea. In this market, they're worth a lot. In a year from now they might not be worth too much. Who knows? I mean, the -- the economy is changing, and it's perhaps changing rapidly, and I hope that's not a bad -- you know, I not gonna -- I don't want to speak against myself, but I hope the economy is going to stray -- stay long -- very, very strong for a very, very long period of time, but it may not. Donald Trump on the economy, and what we can expect. You know, the stock market has been very volatile lately. Stay tuned. Be right back. [Announcements] If they got another billionaire, and the guys that have fixed the Republican Party nomination are now going to work with Mr. Ventura to fix the Reform Party nomination with a billionaire, and I -- I can't beat a guy with a billion dollars. I -- I -- I won three out of four races in 1996 with all of -- these people had more money than I did. But when you're talking $ 100 million in a campaign, or $ 1 billion, I think it becomes a plutocracy and... OK. ...and outsiders don't have a chance. Is he right? He can't beat me for other reasons. He can't beat me because he just wrote a book espousing Adolph Hitler. I mean, Pat Buchanan was run out of the Republican Party. Now they did it very nicely, which I don't understand. I don't know why Bush didn't say get the hell out of here after what he read. But, you know, I don't know that I'm going to run, but if I run, I'm going to beat him. But it's not going to be because of the money. You know, if Buchanan runs, the -- you know, the folklore or the common wisdom is that he'll take votes away from the Republican Candidate, probably George W. Bush. If you run, where will your votes come from? I think I would help the Republicans, believe it or not. The people that like me most are the workers, the taxicab driver, the construction worker. The people that dislike me -- and you've heard me say this before. The rich people don't necessarily like me, other than the ones that know me. I know a lot of them, but the rich people hate Donald Trump for whatever reason. You -- you build big buildings in front of their view. That's why. Well, I don't know. Well, I block out their views and little things like that, but the rich people aren't big fans of Donald Trump. The working people love Donald Trump. I mean, I go down the street and it's like bedlam, and it's great. I love it. I think it's wonderful. But those are the people that would vote for me. So I think I would hurt the Democrats much more than I would hurt the Republicans. I think that George W. Bush loses the election if Pat Buchanan becomes the Reform Party candidate. So you think it's going to be that profound if... I think it's big... ...if Buchanan takes that many people? ...which doesn't help the the Republicans, doesn't help the Reform Party, because most of the Reform Party people would go for George W. Bush as their second choice, let's say. So what do they do? They end up getting their third choice, which is the Democratic candidate. We didn't talk about the economy. I don't want to give it short shrift, but you can give me one minute before the commercial break. Are we headed for a crash? Are we headed -- do you hear the bears galloping across Central Park? Well, I hope not, and I think not, but I will say this: The Reform Party nominee will have a lot better chance if there is a crash, and it could -- you know, something pretty catastrophic could happen. I don't think so. I hope it's going to go on. We've taken a pretty good blip over the last couple of weeks, but I'll tell you what. The third party candidate is really strong and becomes really strong if the economy changes. Because the one thing that Clinton has going is the good economy. Everything else is a disaster in his administration. But the one thing he has got going is a good economy. If that goes, it's going to be a very depressing place. So are you torn then? Are you rooting on the one hand for a great economy as a businessman and as a... I'm actually rooting for a great economy. I -- I have to tell you. I -- if I have my choice -- you mean, do I get more votes? I'd like to see the economy stay. Too many people get hurt the other way. Yes or no. Quick before the break. You keep Alan Greenspan as the chairman of the Fed? He's been terrif -- he's a friend of mine. He's been terrific. He's been great. OK. I'm going to ask Donald about some of these other issues that have come up, especially what the Oval Office or the Lincoln Bedroom will be like in a Trump administration. Obviously, he's a man seldom seen without a beautiful lady on his arm. Who's going to be with him in the White House? Stay tuned. Be right back. [Announcements] [Clip] I want to say one thing to the American people. I want you to listen to me. I'm going to say this again. I did not have sexual relations with that woman, Ms. Lewinsky. I never told anybody to lie, not a single time, never. These allegations are false, and I need to go back to work for the American people. Thank you. Here's a quote from The Daily News, David Saltonstall, on the 10th of October. Would anyone even be talking about Trump Well, I don't lie about it. I'm very open. I go -- as -- as I have said many times, I've never had a drug in my life. I don't take drugs. I don't take alcohol. I've never had a glass of alcohol in my life. I've never had a cup of coffee or a cigarette. But I do love women. But I don't lie about it. That was the disaster, that statement. It turned out to be a disaster for the president, like a total disaster. Probably ruinous to his administration, despite the good economy and everything else. I don't lie about it. What did Clinton do wrong? Was it being with Monica in the Oval Office, or was it attempting to wiggle out of it, lie? Well, obviously, it was wrong being with Monica for a lot of reasons. But it was wrong being with Monica. And, you know, there are those that say if he were with a supermodel -- of course, I would never say such a thing. But if he were with a supermodel instead of Monica, he would have been just fine. He would have been everybody's hero. Now I can't imagine why they'd say that, but there is a group that would say that and has said that. So the Monica thing was wrong. Monica was wrong. It's -- and it's not only Monica. You know, Monica looks perfectly nice in many other respects, but, you know, you go to -- to Paula Jones and Linda Tripp, who's, to me, the worst of all. I mean, I look at Linda Tripp, and she's revolting. if you look at her, you say, 'Oh.' And to me, it all starts with Linda Tripp. She's just -- there was just so many bad characters in this little event. But it was the lying that really was the problem. It was very, very terrible. And then on top of it -- and I've watched politicians in New York, in particular, have a great career by saying, 'I don't discuss my personal life.' And, I mean, they're in every bedroom in New York. And yet they just say, 'I don't discuss my personal life.' He could have gotten away with that. He could have said it. I mean, you know, these New York guys are pretty tough, and the New York press is as tough as it gets. These guys have made a career, a great career for many, many years. 'I don't discuss my personal life.' Why did he have to go and do this? But he was accused of adultery. We -- you and I certainly have -- have sinned ourselves in that area. Should the American people forgive all of us? You more so than me? Oh, we can't ever -- we can't ever tally that one now. Oh, yes, yes. But I -- I definitely accept responsibility for my sins. Right. But should the people forgive us? I think they forgive, but I don't think they forgive lying. The lying is just -- in this case, it was -- it was pretty bad. And, you know, when I -- and I like Clinton, I really do. I hope he's going to join my golf club. I'm building a beautiful golf club up in Westchester, and he's having a hard time because of what he did getting into the right club. And my club is going to be spectacular. And I -- I hope he's... I'm sure. And it will be the best, and I hope he's going to come in. And, you know, he's moving only three minutes away from where I'm building it in Westchester. So... So that's an open invitation to the president. That's an open invitation. I'd be honored to have him. And what's it called, Trump? But isn't it sad -- it's called Trump National Golf Course. Of course. I mean, why not? But isn't it sad that the president of the United States can't get into a golf club in Westchester? Now it's tough to get into a club. But you think the president -- without that scandal, he would have been in every club. What are you going to do about women in the Trump administration? Are you going to get married before you're, you know, administered the oath of office and ...[Inaudible]? Well, I guess I'll go and say what I just said. I'd, you know, rather not discuss my personal life, etc., etc., although it's a -- pretty much of an open book because every time I walk outside... Your's is. Why -- why not now? Every -- every time I walk outside, it's an open book. But, you know, there -- there are -- there are things that you just don't like to discuss. I'd love not to discuss it if possible, but I have a spectacular woman right now who I think people would really like and, you know, she's very upstanding. Are you saying that you will propose marriage? Well, let's put it this way. I could get married very quickly if that were an obstacle to somebody that's very good. But I don't think that's an obstacle nowadays. I will say this. I think... Being a bachelor? Being a bachelor. In fact, perhaps it would be refreshing. I think Clinton should be a bachelor, to be honest. And I think Hillary is a lovely lady, although I think Rudy is going to win the race and I think he should win the race because he's done a great job as mayor. But Clinton's got to be a bachelor. I mean, I imag -- I can't imagine what's going to happen after he's out of the office and he's -- you know, wants to go out and have some fun. What's he going to do? He's the ex-president of the United States. Is he going to go to Moomba with us? But you're a playboy, Donald. How can you be a settled man, even in a building as protected... Well, I'm a very solid person. But I'm a very solid person. Businesswise, you are. And, I mean, I'm single. I'm allowed to be a playboy. I'm a single -- I'm a single person. And, you know, I'm allowed to be a playboy. And somebody said the other day that the women I go out with are much more beautiful than the women that Warren goes out with -- I guess, went out with or goes out with. I'm not sure how they put it. But I'm allowed to do that. As a single person, I can do what I want to do. But after Marla Maples and 'the best sex I ever had,' do you really want your private life scrutinized in that excruciating detail again? Well, that was a great compliment when she said that. Didn't she say that on your show? Oh, well, she said -- in the Post first, but later on my show. I mean, I was -- I was very complimented. It was -- it was -- I wasn't sure if it was a great compliment or it shouldn't be a compliment, to be honest. I never figured that one out. But, you know, it's just that the press covers... See, a Puerto Rican man wouldn't be conflicted about that. No, no. You'd just say you'll take it, right? But I think a lot of the press that I get is because I do great things -- I do great things, in terms of business. Trump Tower is a spectacular building. It's a great landmark building. Trump World Tower, right opposite the United Nations, is going to be a -- a truly -- it's the tallest residential tower in the world. It's going to be a truly spectacular building. I mean, if -- if I was doing a 22-story building like other people, you know, just not spectacular stuff, I don't think I'd be doing an interview. I -- I really think it's what I do in business that makes me more spectacular. You don't think -- you don't think people live vicariously through your exploits? Well, perhaps... Sexual as well as financial? Perhaps they do, but I -- again, I think a lot of that is really what I do in business. The General Motors Building, having a great partner, Conseco's Steve Hilbert. We bought the General Motors Building together, and it's been a tremendous success. The land under the Empire State Building; 40 Wall Street, turning it around from a nothing building -- a great building, but a -- a building in total disrepair with no tenants, into probably the most successful real estate deal made in New York in the last 10 years. But if... But -- but labeling... ...if I didn't do all of that, if I didn't have those big successes, I don't think I'd be sitting with you right now. But the labeling some people find offensive, putting your name in big gold or brass letters on everything. Well, that's only because you read The New York Times this morning. Oh, I doubt that. But -- but -- but I will say that it -- as you know, they come out with a report, the Cochran Report. I get the highest rents in New York, I get the highest sales prices in New York. If I didn't have the name Trump on the building, I wouldn't get it. It's purely business. You know, it started off as ego when I named Trump Tower. That was my first one on 57th and Fifth, Trump Tower, a big success. When you announced it. Now it's really -- it's really become business. It's -- if -- if I was building the building opposite the United Nations without my name on it, I would get hundreds of dollars a square foot less than I'm getting now. I'm selling at a record clip. People are buying apartments living in Germany and Europe and Asia, all over the world. They don't even know what the building looks like, and they're buying it because it's Trump. And, you know, it's a compliment, but it's not ego. It's dollars. So it's not ego. It would not affect the Trump presidency? I think... You wouldn't change the White House? Well, yeah. I guess, we all have ego, but I've never met a person who was a success that didn't have ego. I don't think I have excessive ego... I agree. ...but I've never met a person who was successful who didn't have ego. Do you think it translates into politics? I think it does. I think that you have to have a pretty tough skin. I have a friend who's a very rich man. He calls me up. He says, 'Donald, how do you take all that publicity, the good, the bad, the women, all that stuff? How do you take it? It hate it.' And this is a very rich man. And I said -- he said, 'I wouldn't have that for anything. I wouldn't want to be like that. I wouldn't have it.' And then he says, 'By the way, Donald, could you call up and get me a reservation at Le Cirque tonight? I can't get a reservation.' So that's the way it is. And then I say to myself, 'Well, you know.' But I really think it's the accomplishments and the things I do and the spectacular nature of those things that puts me before the camera more than anything else. We have -- we have to take a commercial break. But here's a question I pose now, and we'll -- we'll answer on -- on the other side. It's obvious that you are brilliant when it comes to business and would be a terrific Commerce secretary, let's say. You'd be terrific in, you know, bilateral, multilateral negotiations with the World Trade Organization or if you wanted to make another NAFTA accord. Whether you like it or not, I don't know. But what about critical situations like war? Here you have India and Pakistan, as an example, two nuclear powers, at odds, almost went to war a couple of months ago. Now one of them has just had a coup -- a -- a -- a military coup, overthrowing the democratically elected government. What would a Trump administration do about India, Pakistan, about North Korea, about Cuba? Let's review that with The Donald right after this. [Announcements] [Clip] I've never lived in f -- Arkansas. I've never worked in Arkansas. I've never been to Arkansas. But I love Arkansas. In fact, I love it so much, I'm going to be running for the Senate. [Clip] Now I suppose the questions on everyone's mind is: Why the Senate and why New York and why me? And all I can say is that I care deeply about the issues that are important in this state. You've said you prefer Rudy to Hillary. And yet there are a lot of people who think Rudy Giuliani has done a job that has alienated many minorities and that his -- his -- his lack of humor, his anger, his -- his vengeful side is a dark side that wouldn't play well in the Senate. I don't think he has a lack of humor. I think he's a -- a -- a tremendous mayor. Crime is way down. The city is -- I can tell you, I've been here in good times and bad times. And I've suffered through bad times in New York, and the city has never been stronger. It's the hottest place in the world right now. I used to say the hottest in the United States, but with the downfall of Asia, which truly has happened, which is starting to come back -- New York City right now is the hottest city in the world. Crime is way down, the -- the life, the whole thing. It's just a -- a vibrant place. And people are moving back that left years ago. They're moving back. They moved out to California, they moved to other locations. They're moving back to New York. He's been a great mayor. But maybe he's much better as an executive than in the Legislature. Well, I think that, to be honest... Hillary's got some good experience. ...if I had my choice, I'd love to see Rudy be the mayor for a longer period of time, but you can't do that with term limits. I just think it's unfair. And I think she's a very nice lady. I wish she was running someplace else. I'd support her. But I think it's very unfair when you have somebody that's done as spectacular of a job as Rudy Giuliani to say, 'Well, that's great. Good job. Thanks a lot. You can't go on to the next position,' or whatever. I don't know if he's going to like the Senate. I think he'll probably be effective there, like he was in New York City as the mayor. But he has done such a great job as mayor that I think he's entitled to go to the next step. And Hillary -- you think she's a carpet bagger? I -- I don't view it as that. I actually think she's a very, very nice lady. I -- I -- I met her a number of times. I met her with my son. She couldn't have been nicer. I think she's a very, very good person. I think she's -- she's had a very tough life the last few years. I mean, what could be tougher than that? I mean, can you imagine those evenings when he's just being lambasted by this crazy Ken Starr, who is a total wacko? There's the guy. I mean, he is totally off his rocker. And can you imagine being lambasted like that all day and then saying, 'Darling, what are we having for dinner?' It's got to be pretty tough. All right. You're in the White House. The chairman of the Joint Chiefs of Staff comes to you and says, 'Pakistan is about to launch a missile with a nuclear tip at India.' What do you do? I surround myself with the best people. I know the best people. You mentioned Alan Greenspan before. And Rubin was such -- I mean, great. Some of these guys have been terrific. And it's interesting, the business guys have been terrific, and that's where we're strongest. I surround myself with the best people and I give people spirit. And I'll tell you what, very, very -- with very few exceptions, New York City is a much tougher environment than a world environment, and you know that better than anybody. And making money and becoming very, very rich in New York City, I'm dealing with a lot tougher characters than the people we see. But I surround myself with great people. I'm very much into the whole thing with the armed forces and with defense. I'm totally against the -- you know, what they almost signed and maybe they will at some point. You're against the nuclear non-test? I -- I'm against -- because nobody is going to follow it. We're going to follow it because we're nice people. We're going to follow it. Do you think China is going to follow it? Do you think North Korea is going to follow it? Do you think other countries are going to be following it? They're going to testing all over the place, and we're not going to know it or we're -- we're going to have ideas. But I believe that the people -- and the kind of people -- and my history has -- has proven this. I surround myself with the best people. And I would be better at negotiating out something like that peacefully than anybody else I can think of. North Korea, you've called for a Qaddafi-like strike. Well... Do you really mean that? ...North Korea is out of control. Everybody knows it, and nobody wants to say it. They're developing weapons of every kind, of every shape and form. You're going to have to go in there, at some point, and talk to them very reasonably. Say, 'Folks, we don't want to have you in five years on our plate. If we have you, we want to have you now. We don't want to have you in five years. Now let's negotiate something out, but really something, not as we have been in the past.' You know, we're all petrified of dealing with these people. What's it going to be like in five years from now when they really have what they're trying to develop? I think, to me, the biggest single problem in the world today is the proliferation of nuclear weapons. This treaty doesn't do a thing about that because the treaty says -- the words are wonderful, but the bad guys, as I say, having to do with gun control -- because it's almost just a bigger analogy. The bad guys are going to develop and they're going to do whatever they want to do. And we're just going to be in a stagnant, weak position. But if you're going to have a problem with them -- and you won't have the problem now. If you're going to have the problem, it will be totally negotiated out now. In five years, you'll be incapable of negotiating out the problem. So you want a pre-emptive strike against them? I don't want -- I don't want a pre-emptive strike. I don't want that. Certainly, last, last choice. But you have to talk to these people now. What they're doing is very, very scary. I mean, they're going to have a nuclear arsenal bigger than ours. We're going to be going in there on our -- on our knees saying, 'Please.' And right now we don't have to do that. And our weak politicians are too afraid to do anything. They come up with these phony treaties that don't mean a damn thing. And North Korea's going to town. I mean, you talk about Pakistan and India. But North Korea, I think, is the bigger problem at this moment. I mean, one thing with Pakistan and India, the missiles are pointed in those two directions. North Korea is a big problem. And so is Pakistan and so is India and so is China, but it's going to be a much bigger problem in two or three or four years from now. And you better start talking fast. Two topics could not be more related -- or more unrelated, I should say. Fidel Castro, on the one hand, and then I want you to give me a quick walking tour of your apartment here for the fans of something less than catastrophic world policy. OK. Be right back. Donald Trump our guest. [Announcements] In December, you're releasing your book, The America We Deserve. I've read Well, he's been a disaster, and I don't think just because time goes by that we should reward him. How much longer is he going to be around anyway, in all fairness? You look at him now, he's an old man. He looks like an old man. He's been beaten up. He's been amazing in that he's been such a strong guy. I mean, you know, say what you want, in a volatile part of the world, he survived for many, many years. But I don't think you have to reward somebody just because it's the easy way. He's going to be gone. He's going to be gone fairly soon. Cuba is a total mess, and I think that it will get straightened out, but I don't think we should reward that system. But you're calling for his arrest a la Pinochet, the way Pinochet has been dealt with. Absolutely. Oh, absolutely. Look, he's killed so many people. You go down to Miami -- and I'm in Miami a lot -- and you see the Cubans -- and really you could say refugees because that's what they are. And it's very, very sad what's happened. And the spirit the Cuban people have is amazing. I've never seen anything like it -- quite like it. The spirit they have, and the hatred they have for Castro even tops that. So I just don't think we should reward him for having done what he's done over the years. You seem -- and -- and forgive me if I'm wrong about this -- almost schizophrenic, in a sense. On -- on the one hand, I believe you to be liberal in terms of social kinds of issues... True. True. You are -- you are pro-abortion or at least not pro-life or whatever. Well, as I said, I -- I hate it, but I am pro-choice. OK. And on other issues of that sort. And yet you are as staunchly conservative as Jesse Helms, in some ways, on these foreign policy issues. Well, I'm very liberal, quite liberal, when it comes to social and health issues. And I believe that I'm quite conservative -- I wouldn't say Jesse Helms conservative, but I'm quite conservative when it co -- when it comes to the military and our defense and our enemies. I mean, look at our trade deficits. You look at what Japan has done to us over the years and continues to do. It's just incredible. Now they're not the whipping boy they used to be because they're not doing so well now. Because even though they've been ripping us off left and right, something went wrong with their system. And we all know what it is. But the fact is that you look at what countries have done to us. Now I'm all in favor of free trade, and I believe -- but it has to be fair trade, and it hasn't been fair. Oprah, after saying that she was flattered, turned you down as a prospective vice presidential running mate. Any other ideas? Well, I mean, Oprah was thrown out, just as somebody great. She's a friend of mine. She's great. I -- I really like her a lot. Me, too. And, you know, truth, she'd be fantastic. I think it would be a great ticket. But I'm considering certain people, and if I decide to run, I'll let you know. And I'll give it to you very early. I can't say scoop, but I'll give it to you early. Give me the first letter of the first name. No. All right. How much is this place worth, this spread? Well, it's three floors on the top of Trump Tower, with a park on the roof. And I've never figured out what it's worth because I built it and I own it and I have it. So I've never really thought in terms of what's it worth, but guess it's worth the ultimate Manhattan apartment. And you live here all by yourself? I live here by myself sometimes in my lonelier periods and -- and sometimes, you know, with others. And the kids are here, and they spend a lot of time here. My -- I have four children, and they -- they spend a lot of time in the apartment. So it's actually a very warm place. It's very big, but it's very warm. What are the ages of the children? I have a -- a son 21, who just graduated. He's graduating from the Wharton School of Finance. And then I have a 17-year-old Ivanka and 15-year-old Eric and just five-year-old -- just turned five Tiffany. How do you get along with your exes? I get along very well. I get along very well. They, I believe, like me. They should. I mean, I was certainly, you know, a generous guy, and in many respects, a very good husband. And you're still a firm believer in prenuptual agreements? I would not get married without a prenuptual agreement. I mean, if you're a person of wealth, you have no choice. I mean, you just have no choice. I hate prenuptial agreements. I hate what they stand for. I hate what they represent. I mean, it's pretty tough to go -- you're in love with someone and you go up and you say, 'Darling, I'm in love with you and we're getting married. By the way, sign on the dotted line.' I mean, because really -- you're really saying you give up -- and, in fact, I read a statistic that people that sign them, while protected, they tend to get divorced more easily than people that don't have them, for obvious reasons. Our guest for the hour has been Donald Trump. So November 1st, you're going in California to do your filing under the Reform Party. You're taking it at least that far. California and Ohio? That's correct. OK. Well, good luck, Donald. Thank you. And thank you very much for being here. He did it again. See? Twice. See you tomorrow. Bye.