With All Due Respect Bloomberg November 2, 2015 8:19pm-8:49pm EST
mark: this morning we spent some time with the real donald trump here in central park, right here in gotham city. we will have more on that later, but first, we asked trump about politics and a tax issue in which we knew he would have a lot to say, corporate inversions. john: corporate inversions, you say that this is a serious problem. donald trump: i have. john: how are corporate versions different? donald trump: these are legal and it is much different in this way, but you could have $2.5 trillion or more and the corporations want to bring it out and they can't bring it back because it is so prohibitive, so bad, and so complicated. so what is happening is that
companies are leaving our country and they are leaving our country and thinking about massive numbers are thinking about leaving to go out and get that money. also to get a better tax deal. john: so when you are saying it is a problem, you are saying is that the laws are the problems, not the companies' behaviors? donald trump: it is so prohibitive, but under my plan, and a couple of others, but nobody knew about corporate inversion until i talked about it. nobody knew about what corporate inversion is. i do know about it. those hundreds of thousands of jobs went to other countries and you are going to lower taxes and bring that money in and you are going to use that money to build and to do things in the united states. john: so you are not talking
about pfizer at all? donald trump: no, in the old days, you could go down to florida or new jersey or go to texas to save taxes. now because of the way the world is so different, you leave the united states and you go to ireland and you go to asia and europe. i mean, it is a different world and we have to compete better. mark: this is a great institution, so is "saturday night live," you are doing it next week. are you nervous? how are you feeling about it? donald trump: i am just excited about it. i met with lorne michaels today to come up with some skits and i am just going to be very excited. john: i have a skit idea, so think about it. donald trump: i will think about it. john: this is once one of the largest ice rings in the world, the wollman rink. it used to have hundreds of thousands of visitors. obviously, that was back in the 50's. donald trump: we have more people. we have more people than any other ice rink by far in the world.
john: do you skate yourself? donald trump: i don't. john: do you ever exercise on the ice? donald trump: no, i run for office. i play golf, i play tennis, i love sports. i don't have much time for exercising, but i do love sports. mark: here is a question that we almost never get to ask you and i have wanted to ask you for a while. what do you like to eat? donald trump: i love steak and hamburger and pasta and french fries, all of the things that we shouldn't be eating. john: you need to do more exercises, though. mark: do you have three meals a day? donald trump: pretty much, i try. a lot of times i can't. mark: there are a lot of things that you liked either you just can't resist? donald trump: yeah, bacon, eggs, steak. you hear a report that comes out, and it says you can't eat it and then you can, so i eat what i like. it has been working. john: how many pieces of bacon would you eat in one sitting? donald trump: don't ask. john: don't ask? donald trump: don't ask. john: more than two?
donald trump: more than two. john: what do you think about kansas city and the mets in the world series? donald trump: kansas city is great and the mets have come so far, and they should be proud of themselves. kansas city has a great winning team. during the whole season, they would come back, and i love these comeback people, and they would come back and they would set a record for comebacks. there is something special about that. they would come back on a number of occasions with the mets. mark: what do you do to make your grandkids laugh? donald trump: i spent as much time with them, and the time is tough, but more and more, i am giving management over to my children and to my executives into my company. but i do nothing to make them laugh, i just love them. mark: no funny faces? donald trump: a little bit. mark: bernie sanders hangs out with his, he is a monster.
donald trump: he blew it, bernie sanders blew it. you know what? he blew it with the e-mails. when he gave that up, i thought, great soundbite, but that is the end of him. when he gave up the e-mails, which he shouldn't have given up, i said great soundbite, i said, he is dead. john: in this rink, you were talking about extraordinary details as to how the ice was made. have you ever driven a zamboni? donald trump: i have one time. john: what is it like? donald trump: it is great. john: tell us about your dad. donald trump: he was a spectacular guy, he was a wonderful builder, he was a spectacular person, he was a great negotiator, and i learned a lot. he gave me a loan and i said, "i want to go out to manhattan, " and he said, "no, no, no, stay in brooklyn. " he is somebody that was very special. mark: what do you think he would
save about you running right now? donald trump: i think he would say, amazing, go do it. he was a very tough cookie. when i worked for him, i did great stuff and i did great success, even when working for him. i brought it to a very high level and he said that everything i touch turns to gold, and i said, this is not a father who would normally say that, this was normally a very tough cookie. he was not easy. but terrific, a terrific guy. he said that statement to me and i was thinking that was probably the greatest compliment i have ever had. he said that everything i touch turns to gold. but there are different kinds of gold. a political gold to get a building permit or to get a house built in brooklyn or in queens. mark: that was the person, donald trump.
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don't be left in the dark. get proactive alerts 24/7. comcast business. built for business. ♪ mark: back in the old days, and by that, i mean last week, this is the time that we would be saying "sayonara." but no longer. now we are 60 minutes long. from now on. it is just like the venerable cbs news show "60 minutes" but without that annoying ticking. we spoke with donald trump earlier this week in central park at the wollman ice rink. here in gotham city. it is a place very close to heart, because he took it from the dumps and gave it that very special trumpian magic touch. john: central park's iconic wollman ice rink is just as
iconic as the rockefeller christmas tree, barney's and , english reruns of "elf" on cable. when the rink opened in 1950, it was a marvel, boasting 300,000 skaters in the first year alone. but like much of gotham city, in the decades that followed, the rink descended into disrepair. in 1980, it was shut down and a for a nearly $5 million overall, but then, it stalled. the rink had yet to be open and millions over budget. enter donald j. trump. then just 40 years old trump set , his sights on wollman. literally. looking down from his office, he swankyking down on his view from trump tower, he was disgusted with the view. in he took the project over from june 1986, the city, bring it in
under budget, and have the rink opened by christmas. the city capitulated and trump delivered, and then it was up and running at nearly $1 million under budget. donald trump: i give ed koch and commissioner henry stern tremendous credit for saying, "donald, go and do it." i would be a lot better than them if i didn't do it. ed koch: there is the modest donald trump. [laughter] ed koch: but donald trump deserves an enormous amount of credit. the: trump sometimes sites success of the wollman rink renovations as one of his biggest projects. going down memory lane. so 1986, your office not far
from here. you looked down and and why did you decide to get involved in the project? donald trump: for years, i saw a mess. i saw a place that was under construction, the wollman rink, and for years it was under construction. eight, to be exact, and i said, what is going on? we are talking about a slab of concrete. it was much more complicated than that, to tell you, but it was essentially a slab of concrete, and after a number of years, i called the mayor and said, what is going on? and no one was ever working. they were on a lunch break all day long. hundreds of people, and it has been a great experiment, i said, continue, but it certainly was a great experiment. mark: what was in it for you? donald trump: i just wanted to get it done. i had a young daughter at the time, still young ivanka, and i hear her say, "dad, i want to go skating," and i would
look down and see this rink from trump tower and then i would pass it and i would look at it and i would see a lot of the men and know them and i would see a lot of the workers, and they would waive to me and say "hello, mr. trump." , that would tell me that nobody wanted them to work. i saw ed koch, who was the mayor at the time, and i said "listen, i will do this job and i will get it done last." it was a huge embarrassment for the city, because you know what was happening. it was a front-page story. eight years to open and ice-skating rink, and i went to ed koch and said, "let me do it and if i do not do it for under $2 million, i will pay for it, and he was embarrassed by the whole situation, but i took it over and got it done in four months, and people use this as an example of what can be done through private enterprise. mark: is this a story of the ineffectiveness of the public sector or the effectiveness of
the private sector, or does this say something special about your capacity to get things done? donald trump: i do have a great capacity to get things done but it also has to do with the private sector. i mean, i don't know if anybody could have beaten my record. for example, the old post office under construction right now on pennsylvania avenue right between congress and the white house, boom! it is the most beautiful building. it is incredible. i am under budget and ahead of schedule. which is what it should be. we are going to open in 2017, probably in september, or actually, 2016, which is very good timing, right on pennsylvania avenue, so i get things done, but another one i am proud of there was a big , development in the bronx and that was a disaster, under construction for probably 30 years. nobody really knows when it started. it was so long ago, and i got it done in a year, and it is open now and very successful. mark: so people who say that trump has no government experience and you cannot possibly be president, this was a government problem.
the city could not get things built. so what is an example now that aren't getting done that you think that you could bring the same skills to if you were president? donald trump: i will give you one example. wars. wars are not getting done. it is the same thing. if you look at isis, and we send 50 people over there, our 50 best, why would anybody say what we are sending? why would the president say we are sending 50 people? those people are in great danger now because we are saying that. if he has got to send them -- first of all either you win or , you don't win, win or get out, but he sends 50 people over there and makes a public announcement to the world that 50 people -- well, those men and women right now, they are being hunted. they are looking for those men. why does he have to say that he is sending them out? do you know how dangerous that is? mark: your critics would say that you just compared building and i skating rink to stopping wars. explain this. donald trump: it has to do with building things, it has to do with common sense, it has to do with knowledge.
look. i wrote a book in the year and i 2000, wrote about osama bin laden. because i watched this guy talking. you know he was a terrorist, he , was well-known, and i wrote a book. and someone in congress said, when did you write this book? and i said, it was in 2000. it was before the world trade down, and i have a knack for things, and i know what i am doing. this country is so far behind in trade, in military. we are so far -- i watched the other day, general odierno. he is leaving. he said we are the least prepared that we have ever been, i think he said that we ever been. he might have been since the second world war, but i think he effectively said ever. we can't have that. john: is the argument that you
are making is that the skill set of the president of the united states is the same as the skill set required of a ceo, and if they are not the same, what is the difference? donald trump: no. they are not the same, but i am better than those people. i will do a better job. i will do a better job with the military. i will do a better job with jobs. i know my competition. john: but again, just what -- donald trump: see these buildings around us? i own numerous ones. john: but what are the differences? there are skills that are required to be a successful ceo and there are skills that are , required to be a successful president, and they are different. how are you going to change your game if you are president? donald trump: to be a ceo, you have to be, boom, and get it done. to be a president, i think you have to be boom and get it done, but i also think you have to have heart. we have a lot of people who need help. we have a lot of people in this country who are not making it, and they are in trouble. and i think you really -- i
always say i am a conservative at heart. people think conservatives don't have heart, you know, you hear about obamacare and people want to knock the hell out of obamacare, and they should be, because it is horrible. and, by the way, as i told you at our last meeting -- i actually said during a meeting, i said watch the premiums, the premiums are going through the roof. it is not working. it is not happening, and the premiums are going to collapse in 2017, and congress should have come up with a much better plan. but i like to say you need great abilities, but you also have to have a big, beautiful heart. mark: often time people are asked about, are you ready for president? admitted he will say, there is no way you can ever be ready, you are only ready when you step into the job -- often many people will say, there is no way you can ever be ready, you are ready when you walk in and do it. donald trump: this is simplicity. some people say you should use freon, they should use brine, and i told the story about an engineer making ice in miami and
immediately, i said why is an , engineer taking an ice rink in miami? edit wasn't working, and they had all of these copper pipes, and every night, they would lay them, and they would be stolen. they lost a fortune. what happened is i went to the canadiens, the ice hockey team, and i said, do me a favor. who can you get me to talk to about making ice? me the person that the montreal canadiens are using. mark: again, are you ready to be president from day one? no learning curve, just up in and do it? donald trump: look, obama had no experience. ok? i have always said talent is more important than experience. i just do not think obama -- our president is a talented person and he should have never been in this position and he had no experience and it is not his thing. i mean, you have democrats, you have congressmen who have hardly ever seen him and hardly ever met him. he doesn't work the system, that is why he signs executive orders all the time.
because he cannot get his own people to go along but when it , came to the war, an example. two examples, we should have never been in iraq. in 2003, 2004, i said we should never enter that, because it is going to break up the middle east, and boy, has that happened. and, you know, it gave us isis. we shouldhen we left, not have left when we did, but when he announced a date for leaving, and i immediately said, this is a disaster. he announced on a specific day that we will be out on such and a date, and the enemy says we are going to go back and take , it easy for a while, and that is what happened. but even yesterday when he announced 50 of our great people are going over to syria, 50, why does he have to announce it? everyone now is looking for those 50 people. i know it is politically -- i don't think it even came out politically good -- because what can 50 people do? so i do not even think it was
good for him politically, but you have to be quiet. you know general patton didn't , go and talk about, i am sending 50 men here and 200 men here. he did the job, he knocked them out. general douglas macarthur, you go back and look, these were not talkers. i really mean this strongly, i think it was a horrible thing that he announced that 50 people are going over to syria. mark: thank you, mr. trump. we are going to be back with more donald trump and news of the day right after this. , ♪
barack obama, you are not dignified or worthy of the office you are seeking, he said like the president now, you have -- with no class. what do you think of the comparison? on issues in leadership, what do you think of the comparison? donald trump: i think he is highly overrated. i think he is an overrated person, i don't think he is going to make it, in fact, i was watching this morning one of the morning shows and they were talking about marco rubio, and he is nowhere in the polls. i don't think personally he is going to make it. i called him a lightweight. at one point, i called him a don't mean tond i be insulting, but i do describe people somewhat well. mark: you have been critical on immigration -- either other issues? donald trump: it is very critical. there are other issues. he was a member of the gang of eight who wanted everyone to come in and take over our country. all of a sudden he went down in the polls and he has changed what he said. he is totally driven about what the public thinks.
he is about -- look -- bush got creamed in the debate, but he have.n't if i was the messenger, because the message is great. his delivery is poor. the message is great. marco doesn't show up to vote, he doesn't do things that he is supposed to do. he got elected senator and he had the same thing happened to him and the florida senate if you look, and i know a lot about florida. i am there. you saw the poll that came out today, where i am beating him and bush by a lot, and carson, by a lot. i know florida better than they know florida. mark: that when you talk of him as a state legislator, when he was the speaker. donald trump: he was in the senate, and he tried to get the top position, or whatever, but my friend was with me, and they fought to get the top position and two minutes after he got the top position, he was looking to run for senate. then he runs for senate, and he wants to be president. maybe i and the last person to
say this, but relax. take it easy. take it easy. i think he is a highly overrated person. i called him a lightweight. i think he is a lightweight. i hope i am wrong about that. but we can't have -- look, he only has a chance because guidelines you, and i am not specifically were -- referring to you but to be honest, you, a , little bit, but i want somebody on "morning joe" this morning who was talking about him, fawning over him, saying how handsome he is. i think i have better looking than him. that they keep talking about how he is so handsome and how he is so wonderful and joe goes, look where he is. he is way down here, so he is probably a nice person -- and another thing that i didn't like about him and i do not like about him, he should have been more loyal to bush. i was told -- i don't know him at all -- i was told he would never run because bush was his mentor, bush really helped them, bush did things, well, i said, all right, good, because i am a
very loyal person. i am an extremely loyal person to a fault. , i would rather have it this way than the other way. he was very, very disloyal to bush. i don't like that. john: let me ask you about the debates. what is it that you are looking for in a moderator or a set of moderators as we go forward? what are your criteria? donald trump: you know, john, i don't care that much, honestly. i did well in the debates, all three of them. this last one, even cnbc had me winning, did you see that? cnbc had me winning, and "gone with the wind" is three hours, ok? who is going to want to watch these guys, including me, for three hours? there are certain things that we should get. the room was probably 100 degrees, the one room was 100 degrees out, and all of these things are very important for a debate. it is unfair. speaking of rubio, he is the
youngest, but i have never seen any human being sweat like that. colleagues of your think these debates -- donald trump: look. i thought the questions were very unfair, but they were unfair, in my opinion, from fox, and they were a little unfair from cnn and most of the unfairness was directed at me, so i am the one who should be complaining. john: so senator ted cruz says that only moderators that voted in a republican primary should be able to be in the debate. do you think that is fair? go eithermp: you can way. i don't care that much. well, friendly, i am more of an economic person. the networks are making a fortune with the debates. the truth is we should say -- we should be like a basketball player. we should go on strike and say, we want money for wounded warriors, or we want money for a great charity, the veterans. i would love to give it, because cnn made a fortune, an absolute fortune.
a two-hour debate, and nobody told anybody. only for one reason, because they sold out all of their advertising. they were getting getting $4000 for a 30 second ad and then they got $250,000 and same thing for cnbc. and i called up cnbc, when they went from two hours to three hours. he lied when he said that was not true. he totally told a lie, a dirty lives. it was in all of the papers that it was going to be a three-hour debate. those sirens, that is new york. it is a beautiful and unattractive sound because it means trouble, but that is new york, so he lied when he talked about the delayed, and he lied bigley. it about three minutes, i got it down. it was one of the easiest negotiations of all time. moderatorsant than they are going to have big , audiences, so let that money go to charity. thank you very much.