Trump Blames Leaders For High Oil Prices, Gives Tips For Surviving The Subprime Crisis
Donald Trump was on Live with Regis and Kelly today to talk about his MTV show "Pageant Place." But before talk went light, Regis asked The Donald some questions about the economy. Donald is enraged at the oil price, creeping towards $100/barrel, and blames it on a failure of leadership. "We don't have anybody calling these leaders and saying, 'You get that damn oil price down.' Because it's a joke....Between the oil companies and these oil-producing states, what's going on is a disgrace. And we don't have the people to talk it down." Donald then boldly declared, "I'd talk it down to 10!"
Trump also had tips for homeowners hoping to survive the subprime mortage crisis: stay put. "Don't move out of your house," he said. "Call your bank and negotiate. Because the last thing they need is another house." He advised people with raw subprime deals to "get yourself a good lawyer, call your bank, work out a deal. You'll end up with a very nice house and a very low mortgage."
One last nugget from Donald: "I just heard just a little while ago before the show, there's another bank going to announce tremendous numbers in terms of losses from subprime." Which could it be? JP Morgan CEO Jamie Dimon said his company was "fine." So which bank do you think it is?
Watch:
From ABC, 11/21



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Huffington Post | Danny Shea | November 21, 2007 11:25 AM