Transcript - Interview: Donald Trump Interview by Sean Hannity on Fox - December 5, 2011 | Factba.se

Sean Hannity

00:00:00 - 00:00:01 (1 sec)

Mr. Trump, good to see you.

Donald Trump

00:00:01 - 00:00:01 (0 sec)

Sean Hannity

00:00:01 - 00:00:02 (2 sec)

Congratulations on the book.

Donald Trump

00:00:02 - 00:00:03 (1 sec)

Thank you very much.

Sean Hannity

00:00:03 - 00:00:04 (1 sec)

It's already doing well.

Donald Trump

00:00:04 - 00:00:05 (1 sec)

It's doing very well.

Sean Hannity

00:00:05 - 00:00:08 (3 sec)

People downstairs are lining up getting ready for your Friday.

Donald Trump

00:00:08 - 00:00:13 (5 sec)

That's right. I'm signing at 2:00 at Trump Tower, we are signing books, so that will be great.

Sean Hannity

00:00:13 - 00:00:23 (10 sec)

Everybody is seeking Donald Trump's endorsement. Today is Newt Gingrich's day. He's --you will going to spend time with Newt. What are your thoughts on him prior to him coming in here today?

Donald Trump

00:00:23 - 00:00:41 (18 sec)

Well, I spent time with most of them. And we've gone through, I mean, Herman Cain was up, the wonderful guy had a couple of really tough weeks. Bad, bad weeks. Mitt Romney, all of them. Michele Bachmann spoke with Santorum, it's you know, a lot of good people. And they are in there trying and they are in there pitching, they want to do something.

Donald Trump

00:00:41 - 00:01:04 (23 sec)

And Newt has coming up today. I've known Newt through the years and I've always liked Newt. But it's amazing what's happening. I mean, he really shown he's a rocket chip. I've never seen anything like this where he started so negatively. I thought the press was very unfair, what he said where he was doing the show, and all of a sudden they took some words and they made it like a big deal. And nobody would have said he could have recovered. Not so much from that, just generally.

Sean Hannity

00:01:04 - 00:01:05 (1 sec)

They had written him off.

Donald Trump

00:01:05 - 00:01:10 (5 sec)

They had totally written him off and he's a rocket, I mean, what he's done is amazing and I take my hat off to him.

Sean Hannity

00:01:10 - 00:01:14 (4 sec)

All right. You are going to work with Newsmax and you're going to host a debate.

Donald Trump

00:01:14 - 00:01:15 (1 sec)

Sean Hannity

00:01:15 - 00:01:20 (5 sec)

And it's created some controversy here. The media doesn't seem to like it. They are attacking you for this.

Donald Trump

00:01:20 - 00:01:21 (1 sec)

I can understand that.

Sean Hannity

00:01:21 - 00:01:22 (1 sec)

Now, I understand that, too.

Donald Trump

00:01:22 - 00:01:23 (1 sec)

They're not doing it.

Sean Hannity

00:01:23 - 00:01:25 (2 sec)

Exactly. That's probably why.

Donald Trump

00:01:25 - 00:01:30 (5 sec)

You know my ratings [Inaudible] for everybody. I mean, I get great ratings, that's where the Apprentice folks.

Sean Hannity

00:01:30 - 00:01:32 (2 sec)

Listen, we will put her on FOX.

Donald Trump

00:01:32 - 00:01:33 (1 sec)

You have to be there.

Sean Hannity

00:01:33 - 00:01:33 (1 sec)

I'll be there for that.

Donald Trump

00:01:33 - 00:01:34 (1 sec)

Sean Hannity

00:01:34 - 00:01:44 (10 sec)

And you are doing it with Newsmax. Ron Paul said it's beneath the office of the presidency. He doesn't understand your success. You don't like to be challenged on issues. That was his reaction.

Donald Trump

00:01:44 - 00:02:10 (26 sec)

Well, I don't know what he means by that. I am challenged all the time and I respond. I mean, unlike a lot of other people. But look, Ron Paul has zero chance, zero, of getting elected or getting the nomination. He will do OK in Iowa and after Iowa he will fade into oblivion. So, Ron Paul, you know, frankly that some of these people aren't there, Huntsman is another one. He called my office, I don't know if you know this, wanted a meeting. I didn't give it to him. Maybe I should have. I didn't give it to him.

Donald Trump

00:02:10 - 00:02:36 (26 sec)

But he wanted to come up and see me. And then I see him in a debate saying, unlike you people, I didn't go and see Donald Trump. So, he's a Mormon, so I'm sure he wouldn't lie about it. But the fact is that, all these people, I mean, the two people that we are talking about, I'm glad they aren't going to be there because then I can sort of focus on people that really have a chance of winning. And you have some very good people and people are going to be at that debate. I'll tell you, it will get great ratings.

Sean Hannity

00:02:36 - 00:02:38 (2 sec)

You are missing one person in your invite list.

Donald Trump

00:02:38 - 00:02:39 (1 sec)

Sean Hannity

00:02:39 - 00:02:39 (1 sec)

Donald Trump

00:02:39 - 00:03:06 (26 sec)

Well, look, I wish he were a great president. I'm a republican but I would love to see a great president, democrat, republican, independent, anything. I wish we had a great president. And you know, as I've said to you before, I really thought -- when he got elected, he got elected. So, now you say, OK, we have a man. I thought he was going to be a positive person. I really thought he was going to be a cheerleader, a great cheerleader for the country. That was the one thing I saw.

Donald Trump

00:03:06 - 00:03:20 (14 sec)

I thought he would be a cheerleader for the country and he's really turned out to be a negative force, a very, very negative force with class warfare and everything else that's going on. And I'm really surprised and disappointed at that.

Sean Hannity

00:03:20 - 00:03:28 (8 sec)

What do you make of the evolution of the polls? We talked about Newt skyrocketing. Why do you think he's skyrocketing? Why do you think Romney has been fairly steady?

Donald Trump

00:03:28 - 00:04:04 (36 sec)

Well, he's been steady, and it's surprising to me that Mitt doesn't pick up something. Because like Herman gets out. And there's a lot of votes out there. They seem to be going to Newt, and Mitt isn't getting the kind of traction. It amazes me -- a couple of things. It amazes me that Newt has done so well so quickly and I have great respect for them. And I have great respect for him. But what he's done is sort of unprecedented. And it amazes me that, frankly, Mitt Romney hasn't sort of gotten that momentum. I mean, he's been steady in a sense, but you have to be more than steady.

Sean Hannity

00:04:04 - 00:04:10 (6 sec)

What do you think it is? Look, I think both of them have performed well in the debates.

Donald Trump

00:04:10 - 00:04:11 (1 sec)

Both are really good at the debates.

Sean Hannity

00:04:11 - 00:04:13 (2 sec)

But Newt probably did a little better.

Donald Trump

00:04:13 - 00:04:31 (18 sec)

Well, I think they were both really good at the debates. I think Romney was great, I think Newt was great. I mean, the two stars, in a sense. Although, you know, Michele Bachmann did very well and so did Santorum. You know, and you had some -- look, and then you had a couple that didn't do so well. Do we agree? We like them a lot but they didn't just do so well.

Donald Trump

00:04:31 - 00:04:42 (11 sec)

And actually, Rick Perry told me it's just not his thing. You know, when you're with Rick Perry, here's another one, good guy, solid guy, wonderful. I said to him once, he was with me and he was giving me something and I said, why can't you act that way during the debates?

Donald Trump

00:04:42 - 00:04:57 (15 sec)

And he said the debates, he said, it's not just my thing. But the debates turned out to be very important. But I would agree Newt and Mitt did very well in the debates. What did you think of Christie's comments that Obama is a bystander, what the hell are we paying you for? I thought they were true. I thought they were hundred percent.

Donald Trump

00:04:57 - 00:05:10 (13 sec)

This committee is a disgrace. That it was formed as the most disgraceful thing. Because you are supposed to be a leader, you're supposed to get those people in a room and get a deal, not just form a committee that can't make a deal. And I thought that Chris Christie's statements were great.

Sean Hannity

00:05:10 - 00:05:12 (3 sec)

Yes. But interesting, the President says, hey, my kids are going to be fine, whether America succeeds or not.

Donald Trump

00:05:12 - 00:05:13 (0 sec)

Yes, that's a beautiful.

Sean Hannity

00:05:13 - 00:05:14 (1 sec)

That's a pretty shocking statement.

Donald Trump

00:05:14 - 00:05:15 (1 sec)

That's a beautiful statement.

Sean Hannity

00:05:15 - 00:05:18 (4 sec)

It would be like you're saying, well, I hope, my kids succeed. I'm not worried about the rest of the world.

Donald Trump

00:05:18 - 00:05:30 (11 sec)

The country is in such trouble. And if we have another four years like we've gone through, with the kind of thinking that we are going through, it's going to be very, very hard for this country to come back, Sean.

Sean Hannity

00:05:30 - 00:05:37 (8 sec)

All right. You said in your book that we have four to eight years or else America can't recover, you say.

Donald Trump

00:05:37 - 00:05:55 (17 sec)

Well, the word "can't" is too tough, but it will take a very, very long time for us. If we continue to go, Obama-care is a disaster. I have friends that are closing up businesses because they aren't going to be able to afford Obama-care. These are people that have been in business for 40 years. Have nice, middle size and even small businesses.

Donald Trump

00:05:55 - 00:06:16 (21 sec)

They are closing up their business. I can tell you there are big companies where these aren't going to close, but they cannot believe the kind of cost that is being, you know, handled by. Their accounting people are coming and say, we had no idea this was going to be happening and they are going to be changing their numbers for next year and the year after. They can't believe what's going on with Obama-care.

Sean Hannity

00:06:16 - 00:06:21 (6 sec)

Do you think Herman Cain was treated unfair? There's been no proof of the allegations.

Donald Trump

00:06:21 - 00:06:22 (0 sec)

Sean Hannity

00:06:22 - 00:06:34 (12 sec)

I would think especially this most recent allegation is easily proven false. Either, there are hotel receipts, plane ticket receipts, videos of them somewhere or they're not. Do you think he was treated unfairly?

Donald Trump

00:06:34 - 00:06:43 (9 sec)

Well, it was a tough thing for him. I mean, they were coming out of the woodwork. And frankly, you know, I guess based on that John Kennedy should not have been president, right?

Sean Hannity

00:06:43 - 00:06:49 (6 sec)

So, even when you get in the race, though, Donald Trump is racist, they immediately went right for the juggler.

Donald Trump

00:06:49 - 00:07:06 (17 sec)

Yes. They always do. If you ask about somebody's records in school, how did he get into Harvard? How did he get into Columbia? I thought he was a bad student here, so how did he get into here or there? You are a racist. I said, what is this that -- I didn't even know what they were talking about because I'm probably the least racist person there is.

Donald Trump

00:07:06 - 00:07:39 (33 sec)

And actually some of my friends said very strongly, the least. So you ask a question like that or you ask about a birth certificate, how come there are no records that his mother was ever in the hospital? He's a racist. Excuse me? Could you please explain that to me? So, you know, they play the race card better than anybody I have known since Don King, who I happen to love, but he plays the race card. You know, I mean, Don King played it brilliantly for many years, and he will admit it. But they played the race card like nobody ever has played it. [Commercial Break]

Sean Hannity

00:07:39 - 00:07:44 (5 sec)

All right. So, the name of your book is "Time to Get Tough: Making America Number One Again."

Donald Trump

00:07:44 - 00:07:44 (0 sec)

Sean Hannity

00:07:44 - 00:08:02 (18 sec)

You say in there, right now the country is in a total economic disaster. Fifteen trillion dollars in debt. You used a couple of analogies. You said, it would take a billion dollars if we saved it every single day, it would take 38 years to pay back the $15 trillion. It's not going to happen.

Donald Trump

00:08:02 - 00:08:36 (34 sec)

Here's the thing. If we had people that were intelligent or people that knew what they were doing, let's take Libya. Just as an example. The rebels six months ago were being routed. And you saw that Gadhafi, I mean, he was tough. I mean, even at the end his people stuck with him, you know, the few people that were left. But they all died. OK. So, they had certain loyalty to this guy. They were routing the rebels, routing. So the rebels come to us because we are essentially NATO, and they say, we are being routed, we can't go on any longer, it's over. Would you help us?

Donald Trump

00:08:36 - 00:09:14 (38 sec)

If Obama said we will help you, we want 50 percent of your oil, and we will help you, I don't mean for one year, I mean we want 50 percent of you, they would have said you have a deal, absolutely you have a deal, done, over. Sign right here. Boom, boom, boom, and if we help, 50 percent. OK. Now, we then send the most sophisticated missiles ever made, and wherever you have Gadhafi's people, boom, boom, boom, just beat the hell out of them and then the rebels brilliantly walk in and take over the town, take over the city, they kept doing it. OK. So, after doing that to about 30 cities, the rebels won the war. OK, they won. The rebels. Whoever the rebels are. I think, I hear a lot of them come from Iran, by the way.

Sean Hannity

00:09:14 - 00:09:15 (1 sec)

They want Sharia now.

Donald Trump

00:09:15 - 00:09:30 (16 sec)

So, we cut off head, that's right. You watch what the rebels are. Because I hear bad things about the rebels, by the way. You know, the rebels sounds like gang with the wind, OK? The rebels are not good people, but let's see what happens. So, we could have had 50 percent of the oil of Libya, which by the way, we don't get oil from Libya, China does.

Donald Trump

00:09:30 - 00:09:47 (17 sec)

So why isn't China involved, why they're doing it? So, we spend billions of dollars, we get nothing, nothing. Now, if six months ago we said we want 50 percent of your oil, they would have said absolutely. Now, if we walk in now and said we want 50 percent, because they've already got their little local dictator is the head guy. He's going to make plenty of money.

Donald Trump

00:09:47 - 00:10:09 (21 sec)

He will have his palaces all over the place, you know, et cetera, et cetera. So, all we need is the thinking. We have a country with such potential. But if somebody would have said, we're going to help you but we want 50 percent of your oil, they would have said instantaneously, absolutely you have a deal. They have no choice. Now, they wouldn't say it.

Sean Hannity

00:10:09 - 00:10:27 (18 sec)

You have a whole chapter, take the oil. And I always thought this was a good idea. If we are going to liberate Kuwait, if we are going to liberate Iraq, we are going to lose American servicemen and women, at least compensate their families, but then they ought to pay the price for their freedom and liberation. To me that's a no-brainer. We should have done that.

Donald Trump

00:10:27 - 00:10:30 (4 sec)

It's the most incredible thing and I talk about it in my book. I mean, big legal.

Sean Hannity

00:10:30 - 00:10:32 (2 sec)

It's a good concept.

Donald Trump

00:10:32 - 00:11:04 (32 sec)

Iraq. They have the second largest oil fields in the world. We liberate Iraq. Now, we got thrown out of Iraq by the way, just in case, you know, you have any doubt. We went to them, wanted to stay longer, they said, we don't want you, we can't get approval, you are out. Get out. So, you know, now they are talking about leaving. The fact is Iran, as soon, as sure as you are sitting there. Iran soon, when we are out, will take over Iraq. And they are going to take them over because of the oil fields. And I said, if that's going to happen, we should take over the oil fields. Very easy to do.

Sean Hannity

00:11:04 - 00:11:05 (0 sec)

We could have done.

Donald Trump

00:11:05 - 00:11:15 (10 sec)

You know, the old days when you win a war, you know, to the victory belong this oil. We are so stupid that when we won a war, if you call it a win, when we win a war, we get nothing.

Sean Hannity

00:11:15 - 00:11:15 (0 sec)

Donald Trump

00:11:15 - 00:11:26 (11 sec)

So, we've spent 1.5 trillion in Iraq. 1.5 trillion. Now, at least we should say give us the 1.5 trillion back, OK? I say more but give us the 1.5 trillion.

Sean Hannity

00:11:26 - 00:11:29 (3 sec)

And maybe compensate families who lost loved ones.

Donald Trump

00:11:29 - 00:11:36 (6 sec)

Well, I say it in the book. Every family that lost somebody, $5 million. You know what this is? This is like peanuts compared to the value of.

Sean Hannity

00:11:36 - 00:11:37 (1 sec)

Donald Trump

00:11:37 - 00:11:48 (11 sec)

Every family that lost a son or a daughter, $5 million. Every person that was injured or wounded, and I see them all the time, I see them at events because I give a lot of money to charities.

Sean Hannity

00:11:48 - 00:11:50 (1 sec)

I did too this weekend.

Donald Trump

00:11:50 - 00:12:02 (12 sec)

Right. Some great stuff. But these people, no legs, no arms, their face. I mean, millions of dollars. Now sounds like a lot, right? Peanuts compared to the kind of value that you have.

Sean Hannity

00:12:02 - 00:12:10 (8 sec)

I met a guy this weekend, lost two legs and an arm. Another guy lost a leg. Another guy literally shrapnel here all over his face.

Donald Trump

00:12:10 - 00:12:30 (20 sec)

And you know what they get? They get nothing. They won't even be able to survive. So, I say with those soldiers, two, three, four million dollars. Now, people say, oh, that's a lot of money but it's peanuts. You are talking about the kind of money, the kind of wealth. You are talking about almost Saudi Arabia kind of wealth. Nobody knows that Iraq has the second largest oil fields in the world.

Sean Hannity

00:12:30 - 00:12:33 (3 sec)

We have the largest if we'd ever tap into it.

Donald Trump

00:12:33 - 00:12:54 (21 sec)

Well, we would have, I mean, the funny thing is, I talked about taking Libya. You would have absolutely gotten it from Libya. You would have absolutely gotten it from Iraq. You could absolutely 100 percent have, and yet, honestly you don't even need it. Because Sean, we have so much under the ground and it's now finally, people are realizing how much we have under our ground.

Sean Hannity

00:12:54 - 00:13:20 (26 sec)

You talk about China is not our friend. You say Pakistan is not our friend, Iran is obviously not our friend, Russia is not our friend. You have seven principles that you have on foreign policy. One is no apology. You know, maximum preparedness and firepower, you go to war, you go to war to win. You laid out these principles. We are not following, a lot of them and we are apologizing for American power right now

Donald Trump

00:13:20 - 00:13:21 (1 sec)

We do apologize.

Sean Hannity

00:13:21 - 00:13:22 (2 sec)

This president apologizes.

Donald Trump

00:13:22 - 00:13:52 (30 sec)

And if we win, and this is including Bush, but it was never taken -- you know, it is funny, when we went to Iraq originally, the smart people said we are going for the oil. You remember that. We are going for the oil. And I said, OK, that's smart. But we weren't going for the oil. I never understood. What are we doing there? Because that country is in turmoil. That country will be taken over. Definitely by Iran. And in the fairly near future. And I'm saying what have we done?

Donald Trump

00:13:52 - 00:14:13 (21 sec)

And you talk about the soldiers. Dead, wounded, unbelievable young people. What are they going to get? Except they are going to have a life of doctors and bills that they can't afford. Millions of dollars should be given to each soldier's family that died and millions of dollars for ever soldier that was badly wounded. Millions. [Commercial Break]

Sean Hannity

00:14:13 - 00:14:26 (12 sec)

You in your book talk about a lot of things financially. It's your money, you should keep more of it. You talk about a government you can afford. Here's the problem. We can't cut $1.2 trillion in a super committee.

Donald Trump

00:14:26 - 00:14:27 (1 sec)

Sean Hannity

00:14:27 - 00:14:37 (10 sec)

1.2 trillion. That's only a reduction of the rate of increase. Every year, government is going to spend eight percent more. Do you spend eight percent more every year?

Donald Trump

00:14:37 - 00:14:39 (2 sec)

When times are bad, you just cut back.

Sean Hannity

00:14:39 - 00:14:40 (1 sec)

Donald Trump

00:14:40 - 00:14:40 (0 sec)

Sean Hannity

00:14:40 - 00:14:49 (8 sec)

OK. So we are going to increase government spending eight percent. They'll cut one percent of that and say, that's a cut. Not only is it a cut, we are going to throw grandma over the ledge.

Donald Trump

00:14:49 - 00:15:15 (26 sec)

So bad. And we should be cutting four or five trillion dollars. And not necessarily devastating Medicare or Social Security because I'm a little different than a lot of the Republicans and some of the Democrats. The good economy, the strength, you know, part of my book is tax China. Don't tax us. Tax China for the privilege of them selling their crap in this country, tax China. You are giving them the privilege.

Donald Trump

00:15:15 - 00:15:29 (15 sec)

You know, one of the things I did, because nobody really know, I'm a private person, I have a private company, I have a financial disclosure form and it was fully filled out. It was 78 or 90 pages or 80 pages, a very long form, and I took the summary sheets and actually put them in the book.

Sean Hannity

00:15:29 - 00:15:30 (1 sec)

Donald Trump

00:15:30 - 00:15:31 (1 sec)

Sean Hannity

00:15:31 - 00:15:32 (1 sec)

You are worth a lot of money.

Donald Trump

00:15:32 - 00:15:54 (22 sec)

I am, and I built a great company. So, it comes out, now we will say wow, wow, wow. It's over $7 billion to tremendous medication, very low debt. Like this country should have. I mean, in a many version but like this country should have. And I'm very proud of the job I have done, and so I actually put that in the book. A little different but I mean, I actually put my financial disclosure form in the book.

Sean Hannity

00:15:54 - 00:16:00 (6 sec)

It's in there. All right, but you are going to endorse very soon? Twenty eight days away from.

Donald Trump

00:16:00 - 00:16:07 (8 sec)

Well, sometime after the debate. The debate is on the 27th and after the debate I'm going to endorse somebody and I would like to see that somebody be great and win.

Sean Hannity

00:16:07 - 00:16:11 (4 sec)

OK. So, are you leaning towards one person?

Donald Trump

00:16:11 - 00:16:19 (7 sec)

You know, I don't want to even say that now. Probably and possibly the answer is yes, but I don't sort of want to say.

Sean Hannity

00:16:19 - 00:16:20 (1 sec)

You can change your mind.

Donald Trump

00:16:20 - 00:16:21 (1 sec)

I can change my mind.

Sean Hannity

00:16:21 - 00:16:22 (1 sec)

So, in the middle of the.

Donald Trump

00:16:22 - 00:16:29 (8 sec)

Even if I am, I can absolutely -- you know, by the way, one of the things I talked about, Romney changes his mind, or Newt changes, the fact is people change their mind.

Sean Hannity

00:16:29 - 00:16:29 (0 sec)

Donald Trump

00:16:29 - 00:16:36 (7 sec)

People that don't change their mind, they are relegated to the trash can because it just doesn't work. You have to go with the punches.

Sean Hannity

00:16:36 - 00:16:40 (4 sec)

Have you decided affirmatively that you are out, you are not going to get in?

Donald Trump

00:16:40 - 00:16:41 (1 sec)

Sean Hannity

00:16:41 - 00:16:44 (3 sec)

Do you think it's come town to Newt versus Romney? Do you agree with that?

Donald Trump

00:16:44 - 00:16:58 (14 sec)

It would certainly seem that way. And I like some of the other people running. But it would certainly seem that way, but we saw what happened with Newt, how fast it can change. I mean, three weeks ago, Newt was not doing that well.

Sean Hannity

00:16:58 - 00:17:03 (5 sec)

What would cause you to determine to get in as an independent? And then we are back to...

Donald Trump

00:17:03 - 00:17:04 (2 sec)

I know your stance on that very strongly.

Sean Hannity

00:17:04 - 00:17:06 (1 sec)

You will split the anti-Obama vote.

Donald Trump

00:17:06 - 00:17:25 (20 sec)

Yes. But I actually think we are at a time where the Republicans are hated, the Democrats are hated. There's a huge independent force out there which is actually bigger than both parties in my opinion. And I actually think were in a different time than a Ross Perot who run and absolutely caused Bush the election, no question about it. I mean, he took a lot of votes away from Bush.

Donald Trump

00:17:25 - 00:17:38 (13 sec)

I think that you have a great force of people out there that are tired of Republicans and Democrats, tired of committees, tired of incompetence, tired of stupidity, tired of a president that is not a very smart person, in my opinion.

Sean Hannity

00:17:38 - 00:17:41 (2 sec)

What would cause you to get in?

Donald Trump

00:17:41 - 00:17:54 (13 sec)

If the Republicans pick the wrong candidate, and I hope they don't. If the Republicans pick a candidate that can't win, and if the economy continues to be bad, which I think it will because we have incompetent leadership.

Sean Hannity

00:17:54 - 00:18:00 (6 sec)

All right. If it's Newt versus Romney, which you said it appears like it's going to be, could you find yourself supporting either one of those?

Donald Trump

00:18:00 - 00:18:03 (3 sec)

I don't want to say, but I will tell you, I do respect both of them.

Sean Hannity

00:18:03 - 00:18:06 (3 sec)

You do? So you would be less likely if one of them got it?

Donald Trump

00:18:06 - 00:18:08 (1 sec)

I respect both of them.

Sean Hannity

00:18:08 - 00:18:11 (3 sec)

That's a good answer. I mean, if you say that, that means you like both of them.

Donald Trump

00:18:11 - 00:18:12 (1 sec)

I respect both of them.

Sean Hannity

00:18:12 - 00:18:13 (1 sec)

Because you are pretty outspoken when you...

Donald Trump

00:18:13 - 00:18:17 (4 sec)

No, no, I do, I do. I don't want to play games with you. I do respect both.

Sean Hannity

00:18:17 - 00:18:19 (1 sec)

If Rosie was in, you wouldn't run, you'd run.

Donald Trump

00:18:19 - 00:18:22 (3 sec)

No, probably, then I would run, ooh, but I'd run. [Laughter]

Sean Hannity

00:18:22 - 00:18:39 (18 sec)

I would pay to see that one. I think that would be pretty good. The bottom line here is that you talk a lot, you want to remind Obama in this book, I find this fascinating, this is a capitalist country. What does it mean when you have to remind the president of the United States that this is a capitalist country?

Donald Trump

00:18:39 - 00:18:47 (8 sec)

It's the wrong message. And somebody said, is he doing it on purpose or it is just happening? And I think it's just happening. I don't think he's evil. I think it's just happening.

Sean Hannity

00:18:47 - 00:18:54 (7 sec)

He's a rigid ideologue. His background. ACORN. And Bill Ayers, black liberation theology. Jeremiah Wright. It's all rooted in socialism.

Donald Trump

00:18:54 - 00:18:56 (2 sec)

So, did Bill Ayers write his first book?

Sean Hannity

00:18:56 - 00:18:57 (1 sec)

Donald Trump

00:18:57 - 00:18:58 (1 sec)

Sean Hannity

00:18:58 - 00:19:10 (12 sec)

Well, interestingly, Bill Ayers was bragging last week that he had done a fundraiser for Obama. Interestingly, when you read black liberation theology, it's rooted in the concept, the idea of redistribution and social justice.

Donald Trump

00:19:10 - 00:19:10 (0 sec)

Sean Hannity

00:19:10 - 00:19:13 (2 sec)

So, when he fights for ACORN, it's not all social justice.

Donald Trump

00:19:13 - 00:19:28 (15 sec)

Well, I guess, I mean, you know, I'd like to give him the benefit of the doubt and I'd like to say, it's really not something that's covert. But let's see what happens. You know, the bottom-line, whether it is or it isn't, you need a change. You have to have a change or we are in big trouble.

Sean Hannity

00:19:28 - 00:19:43 (15 sec)

You talked about we must repeal Obama-care. You said something else that was interesting in the book. You said, you know, we've lost track with the self reliance that was preached by our founding fathers. And you said by global standards, poor people in America are rich.

Donald Trump

00:19:43 - 00:20:05 (22 sec)

True. Well, that is true. But you know the other thing I said, and I very strongly talked about it in the book. It is very rarely talked about during the debates, we are being destroyed from the outside in. We are making bad deals with the world. China is going to make $350 billion on us this year. Countries like Columbia, a small trader, going to make $4 billion. We don't make money with anybody.

Sean Hannity

00:20:05 - 00:20:09 (4 sec)

How do you implement what you are saying about China, for example?

Donald Trump

00:20:09 - 00:20:10 (1 sec)

Sean Hannity

00:20:10 - 00:20:11 (1 sec)

And not start a trade war?

Donald Trump

00:20:11 - 00:20:12 (1 sec)

A trade war is OK.

Sean Hannity

00:20:12 - 00:20:13 (1 sec)

Trade war is OK.

Donald Trump

00:20:13 - 00:20:38 (25 sec)

Trade war is wonderful. You know why? Stupid people say, oh, we can't, China taxes us when we sell our products. China doesn't want caterpillar to send our tractors that are made in wherever they make them in this country. They want plants build in China. China taxes Caterpillar to send them in. Look at the crazy deal we just made with South Korea where we open up, but they don't. I'm saying, who made these deals?

Donald Trump

00:20:38 - 00:20:57 (19 sec)

So, here's the thing, Sean. We are no longer a rich country. We can't afford to make deals like this. You know, in the past we didn't used to. We just to make all the good deals. We had every, they were coming begging, every country. Now they look at us as a bunch of dopes, a bunch of patsies and every country makes money with us.

Sean Hannity

00:20:57 - 00:21:11 (14 sec)

Now, moments after my sit down with Donald Trump, former Speaker of the House Newt Gingrich arrived at the headquarters of the Trump Organization for a private meeting, but the only cameras that were allowed inside the room prior to the face-to-face encounter were ours. Take a look at this Hannity exclusive. [Begin Video Clip]

Newt Gingrich

00:21:11 - 00:21:14 (3 sec)

You are such a big figure. [Inaudible]

Sean Hannity

00:21:14 - 00:21:16 (2 sec)

There's a good friendship there.

Donald Trump

00:21:16 - 00:21:23 (7 sec)

He's a great guy and I've known him a long time.

Sean Hannity

00:21:23 - 00:21:25 (2 sec)

I am going to let you two have your meeting.

Newt Gingrich

00:21:25 - 00:21:29 (4 sec)

I tried to convince him to do "The Apprentice" presidency.

Sean Hannity

00:21:29 - 00:21:39 (11 sec)

I'm looking forward to the Lincoln-Style debates. I said he missed one invitation though today. He should have invited Barack Obama to the debate he's going to be running.

Newt Gingrich

00:21:39 - 00:21:43 (4 sec)

Maybe we will use him as a moderator in the fall. [End Video Clip]

Sean Hannity

00:21:43 - 00:21:52 (9 sec)

I don't know. I think I'd like to see -- I may pay to see Donald Trump moderate a debate between Obama and Gingrich, who knows. We are just getting started.

Sean Hannity

00:21:52 - 00:22:00 (9 sec)

Tonight up next, former Clinton adviser, Dick Morris is here with reaction to Herman Cain's departure from the presidential race, that, and our Great, Great American panel coming up straight ahead.