We're $34 trillion in debt. We've printed money we don't
have.
That's led to massive inflation.
How do you change that and turn that around to
average Americans out there who are struggling every single day,
worse and worse under Joe Biden's economy?
So we were doing great.
We were energy independent. We were soon going to be
energy dominant.
I didn't want the Russian pipeline to be built because
of the fact,
very simple. I wanted to supply them with the energy.
The whole thing was all up.
We're going to make a fortune.
We have more liquid gold than any country in the
world,
including Saudi Arabia and including.
And then I do ANWR in Alaska,
which is the biggest find.
It's as big as Saudi Arabia.
Some people say it's bigger.
And Biden closes it up in his first week.
The first Department of Interior,
the woman who the person in charge closed it
in her first day in office.
Ronald Reagan tried to get it.
He couldn't get it. Everybody tried to get it.
Bush, I got it and they close it up,
but I'm going to reinstitute it very quickly.
It'll happen very fast. But but think of it.
So we were rocking and rolling.
We were energy independent. We were soon going to be
double the size.
We were third place and even beyond that when I
took over,
we were leading. You have to see a graph.
Russia, Saudi Arabia above them,
Russia second with third. And then we go like this.
I mean, we were we were going to be energy
dominant.
We were doing things the way you have to solve
it is through growth.
In a Fox and Friends Weekend TV exclusive,
Donald Trump slams President Biden's economic and energy agenda while
sharing what his own will look like if he wins
the White House
here with what that agenda would mean for you and
your wallet,
Shark Tank investor and O'Leary Ventures chair
Kevin O'Leary. Kevin, thanks for being here on the set.
Appreciate you being. What do you mean?
He went straight to energy,
talking about the economy. How central is energy to an
economic rebound?
Well, first of all, you can't have a robust economy
without energy.
It's the core. And so energy security and independence is
a very good mandate.
There's no question about it.
The debate we have raging in the country is what
energy?
So if you go back just a few months to
the climate meeting that happened in Dubai,
I attended that meeting, it's the first time the world
finally said,
OK, there's no such thing as transition out of oil.
There's only diversification to other energy sources.
So probably for the next 200 years we're going to
need oil maybe longer.
And we have it in the United States.
We we could be 18 to
21 million barrels a day if we wanted to.
You heard Trump mention Anwar and let me tell you
why that's very interesting.
Anwar is a remarkable asset.
It's it's in Alaska. Not only would it provide a
tremendous amount of oil,
but think about this, back in
1978, what Norway did is they said we've discovered a
ton of oil offshore.
We're going to charge a small royalty off every barrel
in perpetuity and put it against national debt.
We have a big debt in this country.
Anwar could solve a portion of that problem in a
big way
because if you open it up and you say,
look, we're going to charge a six or 7%
royalty on every barrel, but it has to be by
law.
This is the key because you know how politicians like
to take cash,
just take more spend it it has to be put
against the national debt.
I love it. And I I think that mandate would
get a lot of people saying why don't we do
that to solve this debt problem at the same time
making ourselves energy independent. And that is how you sell
it.
Because I understand the whole raging debate about green and
climate and everything,
but this is America we're talking about.
We need energy. We have to have.
I think it's a super clever planet.
It's it's the kind of plan I could see Donald
Trump saying we're going to do this.
I read your article in the Daily Mail.
It was fantastic because I think you nailed the problem
economically for America because of the verdict.
You said banana republics are bad for business.
And you talked about the American brand being dragged through
the mud and the kind of reputation we're getting internationally.
Explain to our viewers how that affects business.
So I was over in London fundraising.
As you know, I'm trying to buy TikTok.
And so just trying to get my ducks in order
for this deal.
It'll probably happen in January,
February. And it was at the same time that
the testimony, the porn star stuff was coming and,
you know, talking about salacious sex and condoms and all
this stuff.
No one understood what they had to do with campaign
financing.
But but why was it happening?
And it really dominated the conversation,
institutional meetings asking me what is this?
Is that really America? Because we don't
G20 countries, G7 countries,
you usually do not do this to former leadership because
you're protecting the sovereign brand,
the mother egg of the United States of America,
the White House, regardless who's in it,
doesn't matter. Any president, you really have to raise the
bar.
Maybe if they murdered somebody or accused of that,
maybe you'd bring a trial.
But if you look at any G7 country,
they protect the sovereign brand.
We have somehow stopped doing that.
And I'm look, I'm not saying,
you know, I don't want to get partisan about it.
I'm just saying we should protect the brand of America.
And think about this, whether you're a Democrat,
whether you're Republican, what are we doing to ourselves is
a question.
And then the remarkable unintended consequence that I want you
to think about here.
You know, just 24 months ago,
Trump had about a third of his party
starting to think about swapping him out because he was
controversial.
And they thought maybe we need new leadership in the
Republican Party.
Then Bragg brings these charges and immediately the entire party
coalesces behind him.
The country by Africats all of a sudden.
And I, I know this sounds crazy,
but I believe it to be true.
History will look at this
510 years from now and say,
how did Trump become president again?
Alvin Bragg was the kingmaker.
He did it for him.
I know it's I know it sounds perverse,
but that's what he did.
And so that's called an unintended consequence.
I don't know if he's happy about that,
but that's how he'll be marked in his Kevin,
you bring up the other people that were in the
Republican field looking to replace him.
He talked about that with us yesterday.
He talked about he's really the only one that could
be in this environment and come out preserving that brand
of America.
These are bad people. These people are sick
and they do things that are so destructive.
I mean, look what they did from the from the
day I got there.
And I, I don't know,
you know, a lot of people said we have no
choice but to elect Trump Republicans because he's the only
one that can withstand this.
Don't forget, if it weren't me,
they'd be going after somebody else.
And I know a lot of the competition,
they wouldn't, they wouldn't do so well.
They wouldn't be doing so well right now.
They'd be saying, Mommy, Take Me Home.
I want to go home.
This is brutal. But these are sick people.
And for instance, the 51 intelligence agents who thinks of
these and they think about it just like they say
I'm guilty of. And, you know,
all this information was from so many years before the
election.
You know, it's before the election
that that clip, what he talked about there in addition
to what you were,
what we were talking about with what Alvin Bragg did.
All of this is hurting the brand of America,
correct? So I just am curious,
why do you think, who are these people?
Why are they willing to wreck America for him?
What is it about Donald Trump?
What is it about his policies that
this is unique? We've never seen anything like this.
I would ask everybody, regardless of your of your politics
to think about the big picture and what America means
to the rest of the world.
It's the largest economy on earth.
It has the best legal system,
including the appellate system, which now Trump will go through,
and if there's something wrong with his trial,
it wasn't done properly, the appellate system will catch it.
That's what people believe about the American legal system.
It also attracts more foreign capital than any economy on
earth because of the transparency.
And so you want to think beyond Trump,
You want to think beyond brag,
You want to think about after Biden,
what did we do to ourselves here?
That should be the question.
And when the sentencings occur,
when it happens on July 11th,
everybody should ask themselves, do we want to belittle someone
that was in the White House,
make him pick up garbage on the street or or
jail him?
I mean, this is the American brand we're talking about.
It's not about Donald Trump only.
It's the White House.
Man, I hope you're right.
There's a lot of people that aren't,
aren't big fans of the American brand inside our own
country.
That's a great point for you.
Kevin O'Leary, thanks for being here.
Thank you. I appreciate it.
Yeah. Very insightful. Thank you.