The Ledger, every show

“And then you have the tariffs are five hundred billion a year now, and they will grow over time to a trillion a year”

“They could be this quarter, as in the first quarter, so then I'd say, well, you have to come back and see me when it's through five, but then you'll come back in a couple of months, and then you'd say, Howard, I just spoke to you for an hour. I don't, you know…”

“And then if they cut rates, and that's the thing, I need a new Fed chair who cuts rates, and if they cut rates... You'll see sixes.”

“And at three o'clock, we're going to sign the document together in the Oval Office, where the United States of America will own 9.9% of the great American technology company Intel.”

“I go to the heads of Google and Microsoft and Amazon. They're all For America. Building for us. Right. For free. Right. To make America better.”

“You know what it is? You know what the answer is? Corruption. That someone in the government got paid to put that in the rules.”

“So what we came up with was Five hundred and fifty billion dollars. That this is not foreign direct investment. This is not Toyota building a factory in America. This is, they literally will finance Any project we want to build in America, as long as it's like…”

“Who paid for no tax on tips, no tax on overtime, no tax on social security. Right? Tariffs.”

“So, the result is Ozempic and Munjara are on Medicaid and Medicare. For a hundred and 49 dollars instead of not on it.”

“One of the drug companies, Merck, said they're gonna just give us their number one drug in the world. They're gonna give it to Medicaid and Medicare for zero.”

“Yeah, I mean, look, I think H-B is fantastic for someone who makes 500,000 dollars who's a cool engineer. But it's not ok if it's a 60,000 dollar college graduate.”

“So instead of building sixty billion, you build a hundred and sixty billion. And we agreed.”

“Imagine if you grow six percent. You're gonna fix the deficit. You're gonna fix taxes. You're gonna fix all.”

“So they've committed five hundred and fifty billion dollars to finance Projects in America that are important to the president and to American infrastructure.”

“I think we're gonna cut a trillion dollars a year in expense, and then I think we can, through tariffs and other means, we're gonna get revenues of a trillion dollars.”

“What's our balance sheet worth? I say 500 trillion dollars. The president says a quadrillion. But at 500 trillion or quadrillion, 36 trillion? We're rich.”

“And I'm going to break it out for the last 20 years. And what you're going to see is, Every time the quarter just before an election, all the government spending happens right then and there. It's all of a sudden you have this jump in GDP. Right. Total lie. To…”

“So it was proven that two hundred billion of the 1.2 trillion was going to Chinese Fraud gangs.”

“There is no country in this world that is free trade. Zero. And we are the lowest and the dumbest, because everybody else is higher and more protective.”

“Two trillion dollars of committed domestic production coming back because of his tariffs.”

“Labor costs come smashing down because it's tax-free. So if their earnings are tax-free, right, then they're happy to work because they get the money. So what happens is cost of labor comes down because we're run correctly as a government.”

“And by the way, ah, yesterday I sold a thousand.”

“And I don't think we should be having apps in America. And I don't think we should have their website in America because they all go back home. Ok, but it's open source and I want our American companies including college students to be able to download it and …”

“In the beginning, we cut, you know, 20%. Like, I walked in the door here with 52,000 people in this department, and now there's 40,000 people in this department.”

“Fast forward to 20 24, 20 six trillion the other way. They own 26 trillion of us. More, more than we own of them.”

“But we settled on A country specific model. Much more complex, much more difficult, but much more nuanced, much more clever and much tougher.”

“The richest country in the world should be able to give people retirement at 65. We shouldn't change a darn thing, and that is his thinking.”

“And President Trump does deals like a staircase. First stair gets the best deal. You can't get the best deal after the first guy went.”

“These drug companies make 75% of their revenues in America, and it's a hundred percent of their profits.”

“So the average green card, if you looked for the last five years, the average American makes in the sixties, a thousand dollars a year, and the average green card recipient made in the forties.”

“No, the president the first week put out that we had sold a billion dollars worth.”

“So our fourth quarter GDP will be a point and a half lower than it otherwise would be for this oddity.”

“Yeah, so it'll be like the common economists think the fourth quarter growth is going to be a point, ok? They're just like, wrong. I said they were wrong in the third quarter. I said they were wrong in the second quarter. We have a 3.8 and then 4.3. It'll prob…”

“So the way we're doing it is he has to send the chips to America. We test the chip to make sure that he hasn't enhanced it in any way.”

“We could do anything, and they will finance it, and we split the profits of the project, 90% for America, and 10% for Japan.”

“We do a sovereign wealth fund that invests when we've done paying off our deficit, right? First, we got to pay off our deficit before we're trying to make money.”

“Okay, so on August first, whatever hasn't been settled will be settled. You get the tariffs go into effect, right? So all this 10%, they'll all just pop up to some higher number.”

“Well, the president is reasonably positive about tick tock, provided it goes into American hands. And it's controlled by American technology, right? I think that's his view, is that they've got to be out of it. It's got to be on an American technology stack, a…”

“I think that deal will happen, and America will buy TikTok, because the alternative is It just shuts it off, and that just seems illogical.”

“We are comfortable with allies buying significant numbers of chips, right, and having a large cluster, provided that cluster is operated by an American, a trusted American operator, and the cloud is a trusted American operator, so that we know that giant clust…”

“The mouth that's east. Is a deep water port by the Chinese. The mouth that's West is a deep water port by the Chinese.”

“The way President Trump works, he makes decisions by orchestra. He likes lots of views and opinions. He likes them. And anybody who says, oh, the last person who sees him gets him, that's because they don't know him at all.”

“If it's not, we have Pam right here, right now.”

“And if all the guys who did PayPal, like Elon knows this by heart, right? Anybody who's been in the payment system and the process system knows the easiest way to find the fraudster is to stop payments and listen.”

“The number one country with the highest tariffs against the United States of America, Kuwait.”

“India has a 50% tariff on average. 50. We have on average four.”

“There are thirty-seven million people in the world who are capable of buying the card.”

“He's building it.”