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Donald Trump: Iraq Oil Will Make Us a Fortune
The International Business Times ^ | April 12, 2011

Posted on 04/14/2011 1:03:32 AM PDT by 2ndDivisionVet

Donald Trump said Iraq oil can make the US "a fortune," in an interview with the Wall Street Journal.

Iraq, currently occupied by US forces, has $15 trillion in oil reserves, second behind only Saudi Arabia, said Trump.

If the US were to get its hands on some of that oil, it could make money and pay back its allies like the UK for their involvement in the Iraqi invasion and occupation, he said.

Trump mentioned that the US financial cost of invading and occupying Iraq totals $1.5 trillion.

To justify taking Iraqi oil, Trump said if the US were to simply leave Iraq, Iran will invade and take over the country. Letting the oil fall to Iran would be a bad idea, according to Trump.

If the US takes control of Iraqi oil, Trump said he would give some of the oil revenues to Iraq and some of it to the US and its allies.

On Libya, Trump said the US has already spent billions of dollars on the civil war there. However, the US isn’t likely to see a drop of oil from the efforts.

Below are other positions of Trump, stated in previous interviews:

Foreign Policy

- China: Threaten them with a 25 percent import tariff if they refuse to appreciate the yuan faster. The mere threat of a tariff would induce the China to revalue the yuan.

- OPEC: The US economy can’t handle oil prices at $100 per barrel. Make OPEC lower their prices. When pressed for specifics, he didn’t give any details except that if the message is delivered the right way (by him), OPEC would listen. He also said the US protects Saudi Arabia with their soldiers, but the latter doesn’t pay anything for that protection.

- Pakistan: They know where Osama Bin Laden is. Cut off all financial aid to Pakistan until they hand him over.

Wall Street

-No additional regulations. Otherwise, Wall Street wouldn’t be able to compete with London, Zurich, and Hong Kong.

Defense Spending

-Trump implied he’ll increase defense spending, build better weapons, and have better intelligence so that the US military can achieve its goals with fewer human casualties.

Immigration

- The US border with Mexico is a joke. It should be militarized so that no illegal immigrants can come in. Moreover, doing so would stop the burgeoning US-Mexico trade in illegal drugs.

- For illegal aliens already in the US, decide on a case-by-case basis who can stay and who should be deported or jailed. It’s a lengthy process, but Trumps believes this is the best option.

Social Issues

- Pro-life and anti-gay marriage. However, America has bigger problems than these two issues, which shouldn’t be the focus of presidential elections.

Taxes

-Simplify the tax code and make it fairer. When pressed for specifics, Trump didn’t give any details.


TOPICS: Business/Economy; Government; Military/Veterans; Politics
KEYWORDS: donaldtrump; iraq; oil; taxes; thedonald; trump; trump2012
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To: 2ndDivisionVet

BFLR ...


41 posted on 04/14/2011 3:42:21 AM PDT by Squantos (Be polite. Be professional. But have a plan to kill everyone you meet)
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To: 2ndDivisionVet

Trump is downright looney — and, with ideas like this, dangerous.


42 posted on 04/14/2011 3:48:12 AM PDT by BfloGuy
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To: tsowellfan
I see nothing wrong with the President of the United States telling Iraq... you pay us or we leave today.

And if Russia or China is willing to send their troops instead?

43 posted on 04/14/2011 4:16:06 AM PDT by montag813 (http://www.facebook.com/StandWithArizona)
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To: nickcarraway
Are you saying that Iraq should not have to share in the burden?

An American Expat in Southeast Asia

44 posted on 04/14/2011 4:20:52 AM PDT by expatguy (Support "An American Expat in Southeast Asia" - DONATE)
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To: 2ndDivisionVet
Make OPEC lower their prices. When pressed for specifics, he didn’t give any details except that if the message is delivered the right way (by him), OPEC would listen

Which of course is nonsense.

45 posted on 04/14/2011 4:32:07 AM PDT by Huck (This running things, kid. It ain't all gravy.)
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To: 2ndDivisionVet
However, America has bigger problems than these two issues, which shouldn’t be the focus of presidential elections.

In other words, he agrees with Gov. Daniels.

46 posted on 04/14/2011 4:33:12 AM PDT by Huck (This running things, kid. It ain't all gravy.)
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To: ari-freedom

We didn’t go to war in Iraq for Iraq’s sake. We went because supposedly it was in our national interest. Actually, we were supposedly in grave danger from Saddam and his WMD. Of course that was all BS, but we didn’t go for humanitarian reasons. The people of Iraq owe us nothing.


47 posted on 04/14/2011 4:37:36 AM PDT by Huck (This running things, kid. It ain't all gravy.)
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To: BigCinBigD

Then people should know what has to be done.


48 posted on 04/14/2011 5:04:08 AM PDT by stuartcr (The soul is the .cfg file for the body)
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To: nickcarraway

What parody? I think Trump makes liberals mess their pants. He is an Alpha male and he won’t back down nor will he put up with their whining.


49 posted on 04/14/2011 5:14:32 AM PDT by panthermom (Proud Mom of an Infantry Soldier)
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To: Dusty Road

Exactly!!!! We don’t need to steal but they could have partnered with us. However, they cut us out of the loop!


50 posted on 04/14/2011 5:20:05 AM PDT by panthermom (Proud Mom of an Infantry Soldier)
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To: Huck

Please explain how the President can magically solve social issues? THE place to take care of Social Issues is at the Legislative branch!


51 posted on 04/14/2011 5:23:41 AM PDT by panthermom (Proud Mom of an Infantry Soldier)
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To: panthermom

I agree. I think Gov. Daniels was absolutely correct. But try telling that to people around here, or to the paid talkers on the radio.


52 posted on 04/14/2011 5:25:31 AM PDT by Huck (This running things, kid. It ain't all gravy.)
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To: 2ndDivisionVet

“Americans can always be counted on to do the right thing...after they have exhausted all other possibilities.” -
— Winston Churchill

We are still “investigating alternatives.”

Let’s pray that we survive this time.


53 posted on 04/14/2011 6:35:53 AM PDT by Only1choice____Freedom (FDR had the New Deal. President 0bama has the Raw Deal.)
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To: radpolis

“What I find dishonorable is invading a country and getting nothing in return except a bill for a trillion and half and bunch of dead Americans.”

Who told you to invade them, did the Iraqi hold a poll on that? This is what it comes down to.


54 posted on 04/14/2011 7:19:21 AM PDT by mewykwistmas ("The last time the French asked for 'more proof,' it came marching into Paris under a German flag.")
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To: BigCinBigD
"“does the end justify the means?” Always."

Really? I DO hope you jest...

55 posted on 04/14/2011 8:31:54 AM PDT by EnigmaticAnomaly ("Mantra of the left: 'It's only okay when WE do it.'")
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To: nickcarraway

http://www.youtube.com/watch?v=-IFobhsXPd0

Trump hearts Hillary, HillaryCare, Obama. Flip-flops on Bush (Says he’s worst president in history of USA after previously saying he was the best).

- JP


56 posted on 04/14/2011 8:57:02 AM PDT by Josh Painter ("The only thing these 'investments' will get us is a bullet train to bankruptcy." - Palin)
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To: ari-freedom

Have you ever heard of World War II?


57 posted on 04/14/2011 1:27:16 PM PDT by nickcarraway
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To: EnigmaticAnomaly
Only if you want to get anything accomplished.
58 posted on 04/14/2011 8:57:53 PM PDT by BigCinBigD (Northern flags in South winds flutter...)
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To: tsowellfan

“I see nothing wrong with the President of the United States telling Iraq... you pay us or we leave today.”

You do realize that we’re going to be out of Iraq in less than nine months?


59 posted on 04/15/2011 10:59:09 PM PDT by KantianBurke (Hey Tea Party folks - what about Social Security reform?)
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To: KantianBurke
You do realize that we’re going to be out of Iraq in less than nine months?

We were supposed to be out of Iraq during first year of the Obama's administration.

How's that Hope and Change working out for you?

60 posted on 04/15/2011 11:34:57 PM PDT by tsowellfan (http://www.cafenetamerica.com)
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