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Well may. a licensing agreement is simply a different thing under the law and under common sense from ownership. >> as you point out, you can make money on licensing and he has done very well. he has a lot of license agreement, not all, many of the agreements that you walk by in manhattan and around the world is a licensing agreement just like the one you describe. >> he licensed the name for all sort of thing, was there trump clothes and i think there was some sort of booze with trump's name. all of which is perfectly legal, it is profitable and you can't g say you own the thing. >> here on t...

Of it, cutting medicare, cutting medicaid, doing all of the things that everybody's talking about, frankly, on both sides of the aisle, there will be much less likely to happen. >> okay, but, donald -- >> caller: the only way we can solve this problem is to get the country moving again. i think you would agree with that. >> of course, we agree on that, i hate to diminish what you just said and you stated passionately, you stated the problem and didn't give us the answer. of course, we need more jobs. the question is how do you get those jobs in, whether it's designing the dry wall that you mak...

Is a licensing agreement just like the one you describe. >> he licensed the name for all sort of thing, was there trump clothes and i think there was some sort of booze with trump's name. all of which is perfectly legal, it is profitable and you can't g say you own the thing. >> here on the west side of manhattan, there is a big project that has been developed over the past ten or so years, many, many buildings, trump boulevard. >> riverside boulevard. >> the trump development along the hudson. include it in your balance sheet if it is, donald, and the buildings have his name on it, the questi...