This transcript is automatically generated
All right what we talked about China candidate we have talked about Europe.
Is -- it do you could are you concerned that that we taxpayers may actually end up bailing out some of these European countries.
I can't conceive about it I don't imagine that'll happen I mean other than not politicians make some.
Bad decisions I cannot even conceive of that happening we have enough problems and if you remember that the Euro would set up to be the United States you know these European countries as much as we love them they got together.
And they were set up to beat the United States -- created the Euro and this was really done to increased competition against the United States -- you know the very simple and it was not it is certainly hasn't worked out very well that's -- desperate -- frankly.
And Germany's gonna be I don't know if they're gonna be happy -- upset but I think the German people are gonna get very very tired bailing out other countries.
-- -- -- -- has worked out very well -- Jon Corzine's debt on Europe that went south in every and brought the whole company down with it.
What do you make of all.
Well -- doing very well what it was the governor and it's shocking to see what happened in.
21 of those things look.
New Jersey certainly didn't run very well and he was the governor of New Jersey so you know it's one of those things it's very sad to see what happened with metals situation is it.
Is it surprising to you because he is another -- -- it embodies both power and money.
But he's but a lot of bad bets he he was sort of forced out of Goldman Sachs is as a result of some bad -- Hank Paulson pushed out there.
How is that the people that make these bad bets and up with -- hundreds of millions abolish.
Well it is surprising that this that was so -- -- does -- really sort of just put all this money down on one thing and that thing didn't work out too well and now I guess on top of everything else is a lot of money -- so what is surprising that it would such a bad debt actually.
That it is the question about whether he uses any of his political -- is not only governor is also senator.
Whether or not he uses some of that political influence to try to get away with so they've actually we had.
Eliot Spitzer on a guy who knows both the -- being.
Agonies of defeat as well as victories in politics we had -- -- last night here's what he said about whether Spitzer who are whether Corzine would try to get a break from his political connections.
Cause he is perceived as having all that influence.
Because he is a Democrat -- that Democrat as president he is target number one.
And it say that full disclosure I -- that we -- to the same time I would like him as a person.
Right now every prosecutor saying we can prove that we are tough by getting Jon Corzine.
So Donald do you believe that in fact he may get less of a break because it was political connections.
I think he's right I think Eliot Spitzer is right about that he's really a target and lot of bad things happened to that's terrible lot of -- missing and it's a very sad situation but -- he's absolutely target there's no question about.
What we've we've got to let you go but I have to ask about tomorrow tomorrow in New York is the Christmas tree lighting it is always a crazy time.
Tomorrow at 5 PM arriving in New York is not other than President Obama.
It is gonna be the worst Chris -- day probably in New York history gonna be around a month.
I think it's very inconsiderate of state president to come into new York and -- -- fundraisers during the Christmas tree lighting people comes thousands and thousands of people come to see the lighting.
They're not going to be able to move it is going to be total -- -- to going to be closed because the president's intent I think it is a very very nasty move by the president and very and -- What while -- under pres I just get asked about Occupy Wall Street because that did take a lot of attention the president did come out.
Speaking partially in favor of what they were doing do you think that was a political miscalculation.
Well he wasn't and a lot of people did originally I don't blame him necessarily mean they did originally and how they see where that's going and it's really thirty disjointed group of people but he did but a lot of other people but also I wouldn't blame him totally -- that.
I think to a certain extent he started to -- with the old class warfare so we'll see word all goes but.
I you know he can't be totally blame for occupy wall.
And and do you think that the class warfare has has fallen flat that it does it has Nomura political traction.
No I don't like it falls flat I mean I think it's always a good way of getting elected if you happen to be in his position because -- got very little else speak about the economy is going to add a lot of things that are happening that are very very bad so I think he's probably using -- as a way of getting elected whether or not a successful I don't know but it certainly is dividing -- the country.
All right you do have to go and your your book is coming I know you can't talk about what cynical what's the name of that again.
It's called time to get top just make -- American number one again.
We look forward of that by the way my best -- Donald any -- your children to without.
The most unspoiled rich kids I've ever met in my life there agree I don't stated thank you very much you -- -- a great yeah thank you Donald.