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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:01,239 --> 00:00:02,239 Welcome, everybody. 2 00:00:02,300 --> 00:00:07,440 And, Mr. President, thank you again for joining us this week. I know your 3 00:00:07,440 --> 00:00:13,420 schedule is crazy, and it was very meaningful for the World Economic Forum 4 00:00:13,420 --> 00:00:16,980 everyone else that you took the time to be here and your busy schedule. 5 00:00:18,180 --> 00:00:22,860 I want to just talk about these gatherings. They're sometimes known for 6 00:00:22,860 --> 00:00:28,300 over differences with a lot of air kisses, platitudes, jargon. 7 00:00:29,520 --> 00:00:32,360 But I don't think anyone could say about that this year. 8 00:00:34,420 --> 00:00:39,060 More than at any other World Economic Forum annual meeting I've attended, 9 00:00:39,280 --> 00:00:41,200 there's been less effort to pretend. 10 00:00:42,740 --> 00:00:46,920 And I think we can all agree there's more of a willingness for people to 11 00:00:48,900 --> 00:00:55,200 Even when your values and your views clash, or having conversations, 12 00:00:55,500 --> 00:00:58,480 even when conversations are uncomfortable, 13 00:00:59,820 --> 00:01:04,040 And hopefully through those conversations, we have better, deeper, 14 00:01:04,040 --> 00:01:05,120 understandings. 15 00:01:06,820 --> 00:01:12,580 So it's about a dialogue, and dialogue doesn't necessarily lead to agreement. 16 00:01:13,660 --> 00:01:18,880 But it's the first step towards understanding and sometimes, 17 00:01:19,220 --> 00:01:20,960 towards movement and resolution. 18 00:01:21,640 --> 00:01:26,820 It may be unfashionable to be an optimist about disagreements discussed. 19 00:01:27,530 --> 00:01:33,590 But the most enduring disagreements appear unresolvable right up until the 20 00:01:33,590 --> 00:01:35,010 moment, and they're resolved. 21 00:01:35,870 --> 00:01:41,470 Mr. President, thank you for recognizing that the World Economic Forum is a 22 00:01:41,470 --> 00:01:46,830 place where we can have hard questions that can be debated and where difficult 23 00:01:46,830 --> 00:01:50,150 problems can at least be confronted together. 24 00:01:50,630 --> 00:01:56,210 And we're grateful that you added your voice and a needed voice. 25 00:01:56,940 --> 00:01:59,680 to the conversation today and again this evening. 26 00:01:59,920 --> 00:02:03,320 Mr. President, thank you again for being here. 27 00:02:04,180 --> 00:02:10,419 I think you can see by the audience, they're thrilled, and we look forward to 28 00:02:10,419 --> 00:02:11,420 hearing from you. 29 00:02:21,020 --> 00:02:25,360 Well, thank you very much, and he's a hell of a guy, but we have... 30 00:02:25,600 --> 00:02:28,700 An audience. I recognize so many. I know so many. 31 00:02:29,300 --> 00:02:32,380 We have the king of soccer, the king of sports over here, Johnny. 32 00:02:33,000 --> 00:02:36,660 When you have Johnny and I heard you, I just got a report on the sales of 33 00:02:36,660 --> 00:02:40,880 tickets. It's there's never been anything like it. So that's good. Going 34 00:02:40,880 --> 00:02:41,880 break every record. 35 00:02:42,240 --> 00:02:44,140 So thank you for choosing us. 36 00:02:44,400 --> 00:02:45,500 We appreciate that. 37 00:02:46,080 --> 00:02:47,880 He's another spectacular person. 38 00:02:48,460 --> 00:02:52,100 And so many people in the audience. And, you know, I have this beautiful speech. 39 00:02:53,380 --> 00:02:54,520 Page after page. 40 00:02:54,740 --> 00:02:57,800 And I just said, I just made a speech. And they were all here. They heard it 41 00:02:57,800 --> 00:02:58,800 way or the other. 42 00:02:58,940 --> 00:03:02,240 And I said, the last thing we want to do is waste our time and hear it again. 43 00:03:02,960 --> 00:03:06,000 But I do want to say the people in this room are amazing. 44 00:03:06,900 --> 00:03:09,120 Most of you were in the other room also. 45 00:03:09,860 --> 00:03:16,040 And the United States is doing really well, doing like nobody thought was 46 00:03:16,040 --> 00:03:18,660 actually possible. Certainly not this soon. It's one year. 47 00:03:19,520 --> 00:03:22,320 It's exactly a year, if you think about it. Time flies. 48 00:03:22,560 --> 00:03:25,000 It's 25%. That's a long time. 49 00:03:25,460 --> 00:03:29,980 But it went very, very fast. We've had tremendous luck. I think it's been 50 00:03:29,980 --> 00:03:35,160 reported by even people that aren't lovers of Donald Trump that it's been 51 00:03:35,160 --> 00:03:36,980 the best first year for any president. 52 00:03:37,460 --> 00:03:40,540 I think in terms of what we've accomplished, it might very well be. 53 00:03:41,060 --> 00:03:44,640 But we've accomplished a lot, including ending eight wars. 54 00:03:45,040 --> 00:03:46,080 I have one to go. 55 00:03:46,300 --> 00:03:48,540 I thought that was going to be one of the easiest ones. 56 00:03:49,269 --> 00:03:53,470 It's turning out to be one of the tougher ones. But you heard me say 57 00:03:53,470 --> 00:03:56,090 ,000, 30 ,000 people are dying a month. It's ridiculous. 58 00:03:56,930 --> 00:03:58,350 And I think we're getting close. 59 00:03:58,870 --> 00:04:00,790 Jared's here, and Steve Witkoff is here. 60 00:04:01,410 --> 00:04:04,610 A lot of people that are working on that are here, and they've done a good job. 61 00:04:04,750 --> 00:04:08,030 I think it could have gone into a world where if we weren't here, it was out of 62 00:04:08,030 --> 00:04:09,030 control. 63 00:04:09,150 --> 00:04:11,210 But I think we're going to get it resolved. 64 00:04:12,190 --> 00:04:17,089 And I'm doing it to save 30 ,000 people a month, if you can imagine. You kid, I 65 00:04:17,089 --> 00:04:18,089 mean, take your... 66 00:04:18,089 --> 00:04:22,070 Your son leaves home, waves you, you're proud of him, you're so beautiful. And 67 00:04:22,070 --> 00:04:27,830 then two weeks later, you had his head blown off, fighting Ukraine or fighting 68 00:04:27,830 --> 00:04:33,430 Russia. It's both of them. The total are averaging 30 ,000, actually 30 ,000 69 00:04:33,430 --> 00:04:37,890 young people, generally soldiers, a little bit in towns, but for the most 70 00:04:37,890 --> 00:04:38,890 it's soldiers. 71 00:04:39,170 --> 00:04:40,650 Every single month they're dying. 72 00:04:40,910 --> 00:04:42,510 So I think we're going to do well there. 73 00:04:43,160 --> 00:04:46,660 But we have Scott Besson, too, everyone knows, and Howard Luttnick, and these 74 00:04:46,660 --> 00:04:49,540 guys are doing a fantastic job with what we'll do. 75 00:04:54,440 --> 00:04:59,220 They were both recommended by many of the people in this room. I said, what do 76 00:04:59,220 --> 00:05:00,640 you think of Scott? Oh, he's fantastic. 77 00:05:01,000 --> 00:05:03,900 What do you think of Howard? Very different types. I would say these are 78 00:05:03,900 --> 00:05:05,120 exact opposites. 79 00:05:06,200 --> 00:05:07,200 And I like that. 80 00:05:07,920 --> 00:05:10,240 I like that. They are the exact opposite. 81 00:05:10,500 --> 00:05:13,500 You know, I never thought of it that way. I'm just saying that I'm looking at 82 00:05:13,500 --> 00:05:15,120 you two. You are in every way. 83 00:05:15,360 --> 00:05:20,020 But they're tremendously talented people and very successful people. 84 00:05:20,240 --> 00:05:23,820 And I like bringing successful people in because there's a reason for success. 85 00:05:24,940 --> 00:05:28,580 It's one of the reasons that we've had such success. You know, we took over a 86 00:05:28,580 --> 00:05:31,940 country with a border that was a disaster where millions of people were 87 00:05:31,940 --> 00:05:34,480 in. Millions of people were coming in every single week. 88 00:05:35,150 --> 00:05:38,490 I mean, literally a week we have millions of people and a lot of and they 89 00:05:38,490 --> 00:05:39,490 weren't vetted. 90 00:05:39,550 --> 00:05:42,950 Totally open border. You have people come in. You could look at them. I don't 91 00:05:42,950 --> 00:05:47,530 want to say what, how, how do I define that? Because they always discriminate. 92 00:05:47,770 --> 00:05:48,770 So I don't discriminate. 93 00:05:49,190 --> 00:05:51,990 But you can look at some people and say they're criminals. 94 00:05:52,530 --> 00:05:57,890 And we took in tremendous numbers of murderers, drug dealers, mental 95 00:05:57,890 --> 00:06:02,290 institution, insane asylum people, people that were in insane asylum. 96 00:06:04,180 --> 00:06:09,220 institutions for the mentally ill and dangerous, very dangerous. They dumped 97 00:06:09,220 --> 00:06:11,940 them into our country like we were dirt. 98 00:06:13,220 --> 00:06:18,560 And we're doing a great job of getting them out. But it takes a lot of time, a 99 00:06:18,560 --> 00:06:19,560 lot of effort. 100 00:06:19,680 --> 00:06:21,880 And it's a nasty business, too. 101 00:06:22,460 --> 00:06:25,680 But if they were bad someplace else, they're going to be bad here. They 102 00:06:25,680 --> 00:06:26,680 people. 103 00:06:26,990 --> 00:06:31,770 their country, whether it was Venezuela or the Congo or any of the countries 104 00:06:31,770 --> 00:06:34,990 where they came. In the Congo, they emptied out their jails into our 105 00:06:35,870 --> 00:06:39,690 In Venezuela, they did the same thing. And in many other countries, they did 106 00:06:39,690 --> 00:06:42,570 same thing. So when you read all these stories about ICE, you'll understand 107 00:06:42,570 --> 00:06:47,330 they're doing a hell of a job because we can't have those people in our country. 108 00:06:47,950 --> 00:06:49,190 And we're getting them out. 109 00:06:49,490 --> 00:06:50,590 But we're doing... 110 00:06:51,400 --> 00:06:55,740 numbers in terms of people investing in the United States like we've never had 111 00:06:55,740 --> 00:06:59,000 before. I guess it's because of November 5th, the election. 112 00:06:59,220 --> 00:07:05,100 But the election gave us a view, and it's a view on tariffs to protect our 113 00:07:05,100 --> 00:07:09,720 country because our country is being plucked like you pluck a chicken. 114 00:07:10,140 --> 00:07:16,040 Our country was being plucked, and it wasn't good. And, you know, you can only 115 00:07:16,040 --> 00:07:17,080 take so much of it. 116 00:07:17,630 --> 00:07:21,650 And we've changed it around very quickly. And we've had, we'll have, 117 00:07:21,650 --> 00:07:26,970 say $600 billion worth of tariff money coming in. And I think we're going to 118 00:07:26,970 --> 00:07:28,730 have maybe more than that. 119 00:07:29,090 --> 00:07:32,430 Yeah, by next year, it'll be much more than that. That's not including the 120 00:07:32,430 --> 00:07:36,590 countries that, the countries and companies. We have countries coming over 121 00:07:36,590 --> 00:07:40,130 building, but we have companies, great companies coming in. 122 00:07:40,370 --> 00:07:42,730 Apple is spending $650 billion. 123 00:07:43,010 --> 00:07:44,010 I mean, it's so many. 124 00:07:44,490 --> 00:07:46,150 One just announced $10 billion. 125 00:07:46,799 --> 00:07:49,400 Toyota. I met Mr. Toyota in Japan. 126 00:07:50,080 --> 00:07:51,520 He said, what's your name? Toyota. 127 00:07:52,340 --> 00:07:58,360 I said, oh, do you own the car company? Yes, 92%. I said, you didn't have to be 128 00:07:58,360 --> 00:07:59,360 that specific. 129 00:08:00,520 --> 00:08:03,420 But I said, you're rich. Yes, yes, I'm rich. 130 00:08:03,780 --> 00:08:08,580 But he just announced he's going to do $10 billion worth of plants. I mean, 131 00:08:08,580 --> 00:08:10,880 amazing what's going on. Look, it's amazing. 132 00:08:11,120 --> 00:08:15,440 We've never had anything like it or close. Nobody else has either. So I 133 00:08:15,440 --> 00:08:16,440 terms of... 134 00:08:16,570 --> 00:08:19,710 Your investments, you're in great shape. I don't even ask anybody how you're 135 00:08:19,710 --> 00:08:24,230 doing now. It's like everybody is making so much money. Oh, look who I see, Tim. 136 00:08:24,310 --> 00:08:25,310 Hi, Tim Cook. 137 00:08:26,070 --> 00:08:27,450 He's been good for 650. 138 00:08:28,850 --> 00:08:31,670 Think of it, $650 billion. 139 00:08:33,090 --> 00:08:36,390 Okay, can you imagine? That's what he's going to be investing more than that. I 140 00:08:36,390 --> 00:08:37,530 think it's going to end up being more. 141 00:08:37,950 --> 00:08:38,950 He's great. 142 00:08:39,490 --> 00:08:42,230 He's done some job. You have done really some job. 143 00:08:42,669 --> 00:08:44,049 And we have so many people. 144 00:08:44,790 --> 00:08:49,690 in this room that have done a job. I don't know how many have done better 145 00:08:49,690 --> 00:08:53,730 Tim, but some are right up there with you. You better get your ass moving, 146 00:08:53,730 --> 00:08:54,730 tell you. 147 00:08:55,910 --> 00:08:58,950 But fantastic people. 148 00:08:59,510 --> 00:09:00,510 Fantastic people. 149 00:09:00,630 --> 00:09:05,790 But I go around and I say, meet the biggest people, biggest business people. 150 00:09:06,030 --> 00:09:10,050 I say, congratulations. They say, and what? I said, you've doubled your net 151 00:09:10,050 --> 00:09:14,460 worth since I've been president, right? He said, Yeah, even more than that. They 152 00:09:14,460 --> 00:09:16,680 would say even more. We're doing even better than that. 153 00:09:17,540 --> 00:09:21,540 And, you know, we've given you a platform where you can really put your 154 00:09:21,540 --> 00:09:25,800 to work. We have a lot of brilliant genius people in this room, and you can 155 00:09:25,800 --> 00:09:26,800 that genius to work. 156 00:09:27,320 --> 00:09:29,460 And it's an honor to do it. In a way, I'm jealous. 157 00:09:29,820 --> 00:09:33,200 In a way, I'm upset. There are a couple of people in the room I can't stand 158 00:09:33,200 --> 00:09:36,440 them, and they've become very rich. There's nothing I can do about it. 159 00:09:37,040 --> 00:09:41,180 I would screw them if I could, but I can't do it. Right, Dina? I can't do it. 160 00:09:42,040 --> 00:09:47,140 If I had a chance, I could just take them and say, you can't do what Apple's 161 00:09:47,140 --> 00:09:51,160 doing. But you're not allowed to do that, Newt Gingrich, right? You can't do 162 00:09:51,680 --> 00:09:53,220 But I would love to do it, really. 163 00:09:53,580 --> 00:09:58,800 It's one of those things. But everybody's making a lot of money, and 164 00:09:58,800 --> 00:10:03,940 investing money in the United States, and our jobs are through the roof. And I 165 00:10:03,940 --> 00:10:05,180 made a statement the other day. 166 00:10:05,800 --> 00:10:09,160 Thank goodness for robots, because we're never going to have enough people to 167 00:10:09,160 --> 00:10:10,780 run all these places that are being built. 168 00:10:11,480 --> 00:10:14,840 And I think robots are actually going to be a very big business. I think it's 169 00:10:14,840 --> 00:10:17,820 going to be surprisingly big. But I think we're going to need it. 170 00:10:18,240 --> 00:10:23,280 We're going to need it. So we have a country that's becoming very safe. We 171 00:10:23,280 --> 00:10:27,300 the best crime numbers that we've had ever in recorded history. 172 00:10:27,960 --> 00:10:33,420 Perhaps they were better 100 years ago. I'm not sure. But the recorded history 173 00:10:33,420 --> 00:10:37,560 is 67 years. And in 67 years, they're the best numbers. And that's despite... 174 00:10:38,120 --> 00:10:41,000 having a lot of people in the country that shouldn't be here, that we're 175 00:10:41,000 --> 00:10:45,040 out. But we're, you know, we've got tough law enforcement, smart law 176 00:10:45,040 --> 00:10:48,560 enforcement, and patriotic law enforcement. You know, they've been 177 00:10:48,560 --> 00:10:52,900 example is Washington, D .C. You couldn't walk down the street in 178 00:10:52,940 --> 00:10:54,340 You'd get mugged. You'd get killed. 179 00:10:55,020 --> 00:10:59,820 They were losing 100 people. Think of it, 100 people a year dead. 180 00:11:00,440 --> 00:11:04,220 You call up the parents. They come in from Iowa. They come in from Indiana to 181 00:11:04,220 --> 00:11:05,660 see the Washington Monument. 182 00:11:06,380 --> 00:11:08,820 And they end up being killed. It's not happening anymore. 183 00:11:09,600 --> 00:11:14,960 And I said in the other room, people are going to dinner. They're walking. 184 00:11:15,040 --> 00:11:18,420 They're meeting their wives in the middle of the street and they're walking 185 00:11:18,420 --> 00:11:23,220 across the street to have dinner. New restaurants are being built at records 186 00:11:23,220 --> 00:11:26,460 that nobody's ever seen. They were closing. We lost half of the restaurants 187 00:11:26,460 --> 00:11:30,000 the last four years during the Biden administration. Now they're they're all 188 00:11:30,000 --> 00:11:31,860 opening again. I even went to have. 189 00:11:32,670 --> 00:11:36,170 A dinner just to show, I guess, to make a point. I went to a restaurant in 190 00:11:36,170 --> 00:11:39,370 Washington. I walked right down the middle of the street. I wouldn't say 191 00:11:39,370 --> 00:11:44,190 Secret Service was thrilled, but if I did it a year before, believe me, it 192 00:11:44,190 --> 00:11:44,989 wouldn't work. 193 00:11:44,990 --> 00:11:46,530 Here's my other friend, Hussein. 194 00:11:47,170 --> 00:11:48,170 How are you? Okay? 195 00:11:48,330 --> 00:11:52,150 Are you good? Boy, you got a lot of good people here. This is a very good place. 196 00:11:52,670 --> 00:11:56,530 So it's amazing what's happened there. Memphis is amazing. 197 00:11:57,650 --> 00:11:58,790 When you go to Louisiana. 198 00:11:59,850 --> 00:12:01,510 What we've done there has been incredible. 199 00:12:01,990 --> 00:12:05,130 Always much more helpful if we could have a little participation. 200 00:12:05,430 --> 00:12:09,090 In the case of Louisiana, we have Jeff Landry, the governor, Republican 201 00:12:09,090 --> 00:12:13,430 governor. We have a couple of Democrat governors. We have a couple of, 202 00:12:13,550 --> 00:12:18,470 we have a couple of Democrat mayors who very quietly are begging us for help. 203 00:12:19,110 --> 00:12:23,030 And we're making them all look very good. But I would do it. If I were a 204 00:12:23,030 --> 00:12:26,090 Democrat, if I were a mayor or a governor, I'd be saying, Mr. 205 00:12:26,310 --> 00:12:28,070 Trump, could you quietly come over here? 206 00:12:28,920 --> 00:12:33,760 Would you do this, President, for me? Send about 1 ,000 troops in here. 207 00:12:34,240 --> 00:12:37,860 And we do it fast, and we get rid of the criminals. And it's amazing how 208 00:12:37,860 --> 00:12:40,720 effective. You know, I didn't campaign on this. I campaigned on law and order, 209 00:12:40,800 --> 00:12:45,680 but I didn't know it would be this type of law and order. But the cities, some 210 00:12:45,680 --> 00:12:47,400 of these cities, we've lost these cities. 211 00:12:47,840 --> 00:12:50,200 And we're bringing it back, and we're bringing it back quickly. 212 00:12:50,420 --> 00:12:55,020 Washington took us literally six weeks to make it safe and eight weeks to make 213 00:12:55,020 --> 00:12:57,180 it really safe. And now it's really safe. 214 00:12:58,010 --> 00:13:01,550 And I don't know, you know, some people disagree, but I like seeing those big, 215 00:13:01,590 --> 00:13:03,150 strong soldiers. You know, we won. 216 00:13:03,750 --> 00:13:06,510 We won in the Supreme Court, a very important case, merit. 217 00:13:07,490 --> 00:13:11,730 Our country was built on merit. And then all of a sudden we got away from that. 218 00:13:11,890 --> 00:13:17,050 And people with A averages and high college boards and everything were not 219 00:13:17,050 --> 00:13:23,170 to get into colleges. And people that had C averages and low college boards 220 00:13:23,170 --> 00:13:24,170 getting in. 221 00:13:24,410 --> 00:13:26,410 And, you know, it's not fair. 222 00:13:27,680 --> 00:13:31,840 Our country is based on merit. The whole concept and the whole system only works 223 00:13:31,840 --> 00:13:35,160 on merit. It doesn't work on anything else. 224 00:13:35,800 --> 00:13:42,540 And our military works now on merit. And when you see the soldiers in the street 225 00:13:42,540 --> 00:13:48,300 in Washington or in Memphis or in New Orleans or in some of these places, 226 00:13:48,380 --> 00:13:52,600 including Chicago, you know, we have crime down in Chicago, despite the fact 227 00:13:52,600 --> 00:13:56,060 that we have an idiot governor and a mayor that, I mean, very low IQ person. 228 00:13:56,960 --> 00:13:58,300 It's a low IQ person. 229 00:13:59,100 --> 00:14:03,780 And it's amazing. You have these wonderful, beautiful black women with 230 00:14:03,780 --> 00:14:06,040 America Great Again, MAGA caps on. 231 00:14:06,260 --> 00:14:09,380 They're all over Chicago. They want MAGA to come in. 232 00:14:09,840 --> 00:14:13,880 And we went in in a pretty quiet way as opposed to the way we did it in 233 00:14:13,880 --> 00:14:17,780 Minnesota. You know, in Minnesota, we took it. We took out over 10 ,000. 234 00:14:18,440 --> 00:14:22,160 hard -line criminals, people with big convictions that came in here that 235 00:14:22,160 --> 00:14:25,720 shouldn't be here, brought them back to countries. In some cases, we bring them 236 00:14:25,720 --> 00:14:28,680 to jails because if you bring them back to the country, they'll find a way, 237 00:14:28,720 --> 00:14:32,020 despite the strong borders, they'll find a way in because a lot of them are 238 00:14:32,020 --> 00:14:33,300 really evil, but they're not stupid. 239 00:14:34,180 --> 00:14:35,520 So we're doing a real job. 240 00:14:35,720 --> 00:14:40,000 The country's the hottest country anywhere in the world, the best place to 241 00:14:40,000 --> 00:14:41,000 invest. 242 00:14:41,180 --> 00:14:43,140 The great, big, beautiful bill is incredible. 243 00:14:43,400 --> 00:14:44,800 You get that one -year deduction. 244 00:14:45,000 --> 00:14:47,100 You build something, and you take the whole thing down. 245 00:14:47,340 --> 00:14:52,660 And I always said that's what made my first term so successful because, I 246 00:14:52,680 --> 00:14:55,400 people were buying things. I have a friend who bought an airplane. 247 00:14:55,620 --> 00:14:59,080 He never used it. He just bought it. He said, I deducted it. 248 00:14:59,620 --> 00:15:02,340 He's on the plane. I think he's got, Steve, you could buy it. He's got about 249 00:15:02,340 --> 00:15:03,520 four hours on the plane. 250 00:15:04,380 --> 00:15:07,760 It's been three years. I think he's got to be a great plane to buy, actually, 251 00:15:07,840 --> 00:15:08,920 because he'll never use it. 252 00:15:09,420 --> 00:15:14,320 But it really spurred people to do things and do projects that they really 253 00:15:14,320 --> 00:15:15,920 have delayed or held. 254 00:15:16,860 --> 00:15:20,280 And the beautiful thing about the great big beautiful bill, the one that we just 255 00:15:20,280 --> 00:15:24,920 did, is over there you had a two -year window to do it. Now we have a 10 -year 256 00:15:24,920 --> 00:15:27,500 window, which I hate to tell you because people will take their time. 257 00:15:27,800 --> 00:15:31,740 So in one way, I didn't want that. I call that not good, but it is good 258 00:15:31,740 --> 00:15:32,740 ultimately. 259 00:15:33,600 --> 00:15:35,700 Think of it, it gives me a chance to use it. 260 00:15:36,630 --> 00:15:39,590 If and when I ever get out of this position, there's a big question. 261 00:15:40,010 --> 00:15:43,590 It gives me a chance to use it. Otherwise, I'd be precluded. That would 262 00:15:43,590 --> 00:15:44,590 terrible, right? 263 00:15:44,690 --> 00:15:49,470 But it's 10 years. But you're able to build something. You build a factory. 264 00:15:49,470 --> 00:15:53,010 write the whole thing off in one year. Nobody's ever thought that was possible. 265 00:15:53,030 --> 00:15:56,970 It was always 38, sometimes 40, sometimes 41 years. 266 00:15:57,230 --> 00:15:59,290 You get a little here, a little there, nothing. 267 00:15:59,610 --> 00:16:03,270 You write it all up. So it's been really amazing. 268 00:16:04,090 --> 00:16:08,030 And you are the people that made it happen, really, largely. 269 00:16:08,650 --> 00:16:11,350 It's you. It's you and a group of others. Not a lot more. 270 00:16:11,590 --> 00:16:17,030 I mean, the people here, I guess because of Larry, the people that came to this 271 00:16:17,030 --> 00:16:19,570 event, it's really incredible. 272 00:16:19,790 --> 00:16:23,250 I wasn't sure how it was going to turn out. We had somebody, as you know, that 273 00:16:23,250 --> 00:16:24,590 ran it for many, many years. 274 00:16:24,810 --> 00:16:28,170 And I'm not sure what happened there, but I figured, well, that's all right. 275 00:16:28,210 --> 00:16:29,730 They had a hell of a run in Davos. 276 00:16:30,310 --> 00:16:32,950 Then I heard Larry was taking it over, more or less. 277 00:16:34,080 --> 00:16:37,140 He called me. He said, would you do me a favor? Would you be there? 278 00:16:38,120 --> 00:16:40,720 And we've had some great business dealings together. 279 00:16:41,640 --> 00:16:42,640 He's great. 280 00:16:42,720 --> 00:16:47,840 He's one of you. He's one of the greats. And it was an honor. We had a good 281 00:16:47,840 --> 00:16:51,560 speech. We got great reviews. I can't believe it. We got good reviews in that 282 00:16:51,560 --> 00:16:55,680 speech. Usually they say he's a horrible dictator type person. I'm a dictator. 283 00:16:56,720 --> 00:16:58,280 But sometimes you need a dictator. 284 00:16:59,270 --> 00:17:03,450 But they didn't say that in this case. And no, it's common sense. It's all 285 00:17:03,450 --> 00:17:06,750 on common sense. You know, it's not conservative or liberal or anything 286 00:17:06,790 --> 00:17:10,770 It's mostly, let's say, 95 percent common sense. And that's what we have. 287 00:17:11,150 --> 00:17:14,050 So I just want to thank everybody for being here. It's such an honor. 288 00:17:14,670 --> 00:17:18,210 And if we can ever help, you're going to let me know. And I have a pretty direct 289 00:17:18,210 --> 00:17:21,810 line. Marco Rubio is here, too. He's done a fantastic job. 290 00:17:22,870 --> 00:17:26,250 Secretary of State. He'll go down as maybe the best Secretary of State if he 291 00:17:26,250 --> 00:17:28,250 keeps going like he's going. That's a big question. 292 00:17:28,510 --> 00:17:33,490 I don't know that he will, but for the first year, he's headed to the top. 293 00:17:34,190 --> 00:17:37,250 And I just want to thank everybody very much for being here. Thank you very 294 00:17:37,250 --> 00:17:38,250 much. Take care of yourself. 295 00:17:38,430 --> 00:17:39,430 Thank you. 27036

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