who s the number one bad guy right now you would fire in america? well, can i be honest? i don t want to say there s so many of them. there really are. there are so many of them. you look at the department of education. it goes for blocks and blocks and blocks. education should really be we have to like a little bit of supervision. you wouldn t argue it should be a local thing. i was going to mention education to you because the last word with the chinese, isn t it that they are educating their people better now than america is doing and that s why they re also jumping ahead? isn t that true? you know where they re educating a lot of their people? at our schools. it s the most amazing thing. they come over, they learn, they go to harvard, they go to wharton, they go to yale, they go to the best schools, then we force them to leave. okay. no, no, we force them to leave. when we come back, i ll ask you as a man who wins and knows how to pick a winner, which is w
there s something inherently wong with the system in this country which led to the financial crisis, isn t there? 10% of americans are unemployed, probably more, as you say. what s the answer here? you re a great employer. tell me how to solve it. well, for one thing we re protecting the world. why are we protecting south korea without being paid, okay. they re a competitor. they make a tremendous amount of money off of us. they sell their televisions and everything else. why are we protecting south korea? we signed a horrible trade agreement with south korea. they weren t going to sign it then north korea lobbed a couple of bombs over there, and they said you re a great partner, and we send the ss george washington, the most incredible aircraft carrier i ve ever seen and 17 destroyers right into north korea. why aren t they paying us? why are we protecting them? they make hundreds of billions of dollars of profits against the united states. you know, one of the great ones, 52 mill
qaeda or something. well when i hear you say it s very bad. when i hear you say enemy, i think it s too strong a word. they are a business competitor who at the moment is outcompeting america. they are not really outcompeting. they re cheating. when you cheat, and we have people that don t know what to do because we have the wrong people in office, that s not outcompeting. do you think we have smart enough people to deal with the chinese and the indians and these new competitors out there in business? i think they re smart, but i don t think they have any savvy. they don t have the savvy. they don t have what it takes. we should put our best you know who we have negotiating with the chinese? diplomats. you know what a diplomat is? a person that from a young age is trained how to be nice. in other words, you could never be a diplomat. but a person everybody said he should be fired. every week they wanted me to fire this guy. i couldn t fire him because he was so sm
respect us anymore. they didn t used to stand up. they re standing up now because they didn t respect. they re standing up now because they can do anything they want. you have to go over there and see some of the airports they re building. they make kennedy airport look like it s a third world country. laguardia and i go into abu dhabi and qatar, and it s like the most incredible things you ve ever seen. we re like a third world country, and they wouldn t be there. look at kuwait. saddam hussein attacks kuwait. we then go in, get them out, we lose lives, spend hundreds of billions of dollars, we put out red adair. we put out all the oil well fires. we handed back the country. now they don t invest in the united states because you know why, they say the return on investment is not good enough. we re not going to invest. maybe they have a point, and here s the other point. some companies like general motors and coca-cola are investing heavily in places like china and doing well. isn t
i buy so many products, glass as an example, a curtain wall for a building, and they all come in, and 90% of the companies with the glass are coming in from china. i don t want to buy glass from china, but our companies can t compete, not because they re not good, not because they re not even better but because of the fact that the chinese are manipulating their currency and make it very, very tough for us to compete. now, what i would say, how do you solve that problem? they re never going to solve it or treat us well unless this is american glass, by the way. you don t know that. it s actually plastic. it s actually plexiglas. almost. you re almost nearly american glass. i feel better with plexiglas, but the fact is that the chinese are looking to do damage to us economically. they re also building up a military and now starting their own aircraft manufacturing, which is going to be very bad for boeing because they come in with this phony deal, about $40 billion worth of