Donald Trump Says A Mideast Explosion Could Destroy OPEP While Lowering Oil Prices…And Tells Us How He Would Rebuild America

Posted By on January 31, 2011

Whether you like him or not, most would probably agree after reading this that Donald Trump would show us how an Eagle with clipped wings (the U.S.) can fly again.  This guy gets it.  You want to see growth again in the U.S., then here is the man for the job!

So Donald, tell us how you really feel about China.  But to tell the truth, he makes a number of extremely good point(s)….“If we ever taxed Chinese products coming into this country, we would pay off the debt so fast it would make your head spin. More importantly, we would start creating jobs in our country”.

Part 1 of a 2 part series:

Trump takes aim at America’s “horrible” trade agreements, declares that the Middle East is going to explode, warns about “catastrophic” oil prices, and charges that Obama’s Afghanistan policy is “dangerous and stupid.” He also complains that the United States is a “laughing stock” throughout the world — and confirms that he is seriously considering running for president in 2012.

Referring to President Obama’s State of the Union speech, Trump says: “He didn’t talk about the deficit, he didn’t talk about how to pay off all the debt that we have. Instead he’s telling everybody what a great country China is, that China has the fastest computer in the world. That should be for the president of China to talk about, not President Obama.

“I love the country and I hate what’s happening to the country. In 12 years China will take over as the world’s leading economic power, if not sooner, and the way we’re going this country will not be a great country as it was anymore. That’s so very very sad to me.”

Trump has a lot more to say about China.

“I’m a big buyer of products, and I’m also unfortunately a big buyer of Chinese products,” he says. “It’s very hard not to buy Chinese products, including sheetrock, which has destroyed many a development and many a life.

“I’ll say this: We make better products than China. The problem is they manipulate their currency so badly that it’s almost impossible for a person like me to buy outside China.

“I want to buy an American product. The Chinese products come in, they’re cheaper. They’re not as good but they’re cheaper. And it’s not because of their workers, it’s because of their manipulation of their currency.

“Another thing: If you try to do business in China, it’s almost impossible. They want all your technology. They want you to build your plants in China.

“We have a very weak policy. Whether it’s China, or the horrible agreement just signed with South Korea, or any of the other horrible deals that we make, we don’t have the ability to make good deals with other countries.

We’re like a whipping post for other countries. We are standing there and being beaten by South Korea, by Mexico, by China, by India. If you have a problem with a credit card and you call somebody up, that person is based in India.

“And then they wonder why we’re not going to have jobs for another five or six years.

Trump has a surprising response to speculation that the turmoil in Egypt and other countries in the Middle East could push oil prices to as high as $200 a barrel.

“It also could go the other way. Frankly, the Middle East is a tinderbox. It’s going to explode. OPEC will probably be destroyed if it explodes, and oil prices could go the other way.

“I understand economics. You break up what would normally be an illegal monopoly, OPEC, and break it up very strongly. The Middle East is exploding, and I’m saying that could have a positive impact on oil prices.

“If you look at oil right now, it’s soon going to be $100 a barrel. Far too high. It’s set by OPEC. I think OPEC would explode with the Middle East and that wouldn’t be the worst thing in the world.”

Trump has especially harsh words for OPEC and its grip on oil prices.

“Here you have 12 men, in this case all men, they sit around a table and they set the price of oil.

“We have so much oil. There’s so much oil out at sea. I see $3.50 for a gallon of gas. Cars are lined up trying to get it, and at $3.50. It’s a shame. It’s a ridiculous shame.

“Plus we don’t use our natural gas. We have more natural gas than anybody. Why we not using it is an amazing thing.

Asked where he thinks the price of oil is headed, Trump responds: “I think it could go, with proper leadership, down to $40 a barrel. I think if we continue the way it is, it’s going to go up to $150 a barrel.”

Turning to Afghanistan and the timeline President Obama has proposed for withdrawal of American troops, Trump tells Newsmax: “We should be out of there as soon as possible. At the same time, when Obama announced that he’s going to be out at a certain date, these militants are just sitting back saying, ‘He gave us a specific date. This is fantastic. We’ll just sit back and then we’ll take it over the minute they leave.’

Part 2 latter in the week!

More at: http://www.newsmax.com/Headline/trump-opec-oil-egypt/2011/01/30/id/384427

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