Trump delivers remarks at the National Association of Realtors

Channel: Fox Business
Published: 05/17/2019

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President Trump delivers remarks at the National Association of Realtors Legislative Meetings and Trade Expo. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — t...



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[ applause, ] [ music, ], [ applause, ], [ music, ], [ applause, ], [ music, ], [ applause, ], [ laughter, ], no they're. Just how much on this record that people here that people and all the ballrooms over this beautiful hotel is the famous live. The american dream i [ music ] want to thank my friend, my friend, my competitor, for a while to do so, my friend secretary in person, [ applause ]. Wha ...
do you know about it? And you know what we're gon na shoot didn't take you long go to bed and he bet some of this larceny for the business association, john [ applause, ], [ music, ], [ applause, ]. Thank you mitch and your entire team for everything that you do eight years. You know: [ applause, ], [ music, ], [ music, ], [ music, ], [ music, ], [ applause, ], [ music, ], [ applause, ], [ music, ], [ music, ], [ applause, ], [ music, ], tremendous lng. We find $ 10 one of the world [ music, ], 10 million out, send out some japs louisiana, not able to do more of them. If you look over the last 40 years, these people, they were in the process of getting permits for many years so that 20 years, [ applause, ], [ applause, ], [ applause, ] so was the barrier to our armor to our farmers being a product in there. So the great farmers, the manufactures we could have the greatest economy this year. We could have the unemployment numbers degree, but the employment numbers were even better. Have the most people working today: [ applause, ], [ music, ], [ applause, ], hey [ music ]. I am [ applause, ], [ music, ], [ music, ], [ applause, ], [ applause, ], [ applause, ], [ music, ], [ music, ], [ applause, ], [ music, ], [ applause, ], the american economy, this large business in this country.

But i wanted to allow homes, thousands and thousands to be given a home and it's the biggest cost. It'S written oil gas. Isn'T our young family nice room to grow when a new job sparks a new adventure and a brand new beautiful city, [ applause, ], [ music, ], [ music, ], [ applause, ], [ laughter, ], [ applause, ], [ music, ], [ laughter, ], oh [ music, ] [ music, ], [ applause, ], [ music, ], [ music, ], [ applause, ], [ music, ], [ applause, ], [ music, ], [ applause, ], [ applause, ], [ applause, ], [ music, ], [ applause, ] and after the years of stagnation. Wages are rising fast, [ applause ]. We are taking out [ music, ], [ applause, ], [ music, ], [ applause, ] money. They could put many small business owners to here today and you can have up to 20 [ applause, ], [ music, ], [ applause, ] farmers, [ music, ], [ applause, ], [ laughter, ], [ applause, ], [ laughter, ], [ applause, ], [ music, ], [ Laughter ], [ applause, ], [ music, ], we're honored to be joined today by one of the pages leading the charge for opportunities under development, a fantastic man, a fantastic football player by the way for those of you that remember some young, a longtime member of the Association, bob [ applause, ], [ music, ], [ applause, ], [ music, ], [ music, ], [ applause, ], [ music, ], [ applause, ], [ music, ], [ music, ], [ music, ], [ applause, ], this [ music, ], [ applause, ], [ applause, ], [ Music ] [ music ]. We won't know you've divided into the meters without - and you are do that here after the years regulations, [ applause, ], [ music, ], [ applause, ], [ music, ], [ music, ], [ applause, ] to los angeles. Now the price had to be very, very high, much more expensive than southwest airlines, which goes in 1/3. The timesays hey wait a minute. What are they doing? You got an air line that goes from san francisco to los angeles, much faster and it's at less money. So how does this work and again it's not that really fast rate, it's just a fast rate, meaning it's slow, meaning, meaning it's obsolete right. You know it's obsolete before.

If you get to do it, you do the bullet, train you'd. Do the really fast feel? So it's obsolete before their self, but they had a way of doing it. They were gon na show me the governor, nice guy, nice young guy. Talking about forests clean up before us. You won't have forest fires clean up. He blames otherin global warming. I said: try cleaning the floor of the forest a little bit, so you don't have four feet of leaves and broken trees that have sit there for twenty-five years. You won't have forest fire and i got killed for that. It'S called forest management. I got killed for that and then about three weeks later they announced. I was right because i was out there last year, when i saw it was so horrific with some of the fires, so many people killed the fire. Was you talk about bullets? The fire was like a bullet so on the train.

They have a solution. The solution was we'll make it shorter. So instead of goingfrom san francisco to los angeles, beautiful right in the middle, they cut all of that out. They cut on, and now you go from this tiny little town to another tiny little town for billions of dollars and they think they can do it for just billions of dollars more than the original projection. These people are crazy, so i told the great elaine chao secretary of transportation, doing a fantastic job. I said elaine it's over for them, there's been going on for many years long before i got there, i would have told them. I would have said: listen if of airplanes much faster. What are we doing? No, what are we doing, and i also wouldhave done the super modern thing and we would have had it built on time and we would have had it built on budget and it just didn't work out that way and some mess and we're not paying any more Money into that one, that's a disaster if you've ever seen make it short. How do you like that john? Is that a good idea cut the big cities out a little too much too expensive? Let'S make it like real short. If you have three people on it a day, so we're reversing years of calamitous trade policies that gutted the american middle class. Nearly two decades ago, politicians in washington place china into the wto, the worldtrade organization, one of the great catastrophes of the issue of our country. As far as trade is concerned, between van and nafta get two real beauties, allowing it to largely do whatever they want to do to the american marketplace.

During that time we lost nearly one-in-four manufacturing jobs and racked up trillions and trillions of dollars in trade deficits, but those days are now over folks and we're taking action and you see what's happening. I don't have to talk about it, but it's expensive for them and it's gon na have to be it's gon na have to be. We actually had a deal and they broke it. Okay, i mean i'm used to that. I'Ve done it manytimes myself, but we had a deal and they broke it, but i tried to do it a little bit nicer. Then i try and take the lumps out. You know trying nice and easy. Just let's have dinner. Let'S talk about. I want to retrace you, let's talk about it, but they took out a lot of the things that we negotiated, that we're done, and i said can't do that. Sorry can't do that. You'Ve been doing that too long to our poor presidents that had no clue what was happening, and you can't do that so we're putting tariffs.

We have 25 % tariffs on two hundred and fifty billion dollars and they're, paying it and believe meyou know so many people say our people pay pay a little bit, but it's worth it. It'S really worth it. But you know china subsidizes these big plans. So it's not really coming and they keep the price the same and they subsidize it, and also you take a look at what's happening. If we build here, there are no tariffs, you know, people don't realize it. If we build here, you know right now, we're you become dependent on buying things from outside. If we put a little factory or whatever, to make whatever product they're buying. A lot of people are now looking at it and the other alternative, if you buy from another country where they'renot tariffs to where they're treating us more fairly and we don't tariff them. So it's hundreds of billions of dollars and out of that, we're going to give a portion of it to our farmers, because these are great patriots. These are people that don't want anything. They just want a fair playing surface and our farmers are doing gon na. Do really well i mean between that of the u.

s. mca. Our farmers are going to be very happy very shortly, but you're talking about maybe 15 billion dollars to our farmers, out of one hundred and twenty five billion dollars and they're. Really, you have to understand they've taken the brunt because china to negotiate with us saidwell we're not going to buy any of your farm products. So i called sonny perdue our great secretary of agriculture and i said sonny i said sonny. What what's the biggest amount they've ever spent in this country said about 15 billion people could say: 18 19, but basically 15 billion. I said so. Let'S take 15 billion set. It aside out of the hundred or one hundred and twenty five billion, whatever it may be, and what we'll do is the farmers will sell at a lower price because of competition and what we do is we make up the difference. We have a little bit of a difference. We make up the difference, so they do greatwe do incredibly great, but you have to understand they use the farmer, because the farmers were all for trump and the farms. What people don't realize you go back 18 years.

The farms have been going like this been going steady, not just you know, i'm here two and a half years, but you can go back 18 years and you see what's happened. Has it worked out? Nafta has been bad for the farmers. A lot of people don't realize it, they get stuck on it that have happened, but we're taking care of our farmers and everybody's happy about i've never heard a complaint literally, but these are patriots. I watched some people on television today. Becausesome of them don't even know what i just told you. They said you know we're hurting, but i know that china is doing terrible things to us for many many years and we want our president to fix it, and this is the only president. That'S had the courage of the guts to fix it and we're behind. That'S the farmer said the farmers, that's the farmers. Farmers are incredible. I don't know they may even be better than the realtors as far as i'm they get better than the room. I'Ll tell you a quick story about farmers, so i had recently i had about 22 of them in my office in the white house, in the ovaloffice, the room right next to a beautiful conference room and we're sitting there and they're explaining how you know they're not Doing the business with china, then, frankly not doing the business with canada mexicans immediately. You know in order to negotiate this step buying from the farm right, because that puts political pressure.

You know they think it's very unique. It'S not unique at all, but i said to them so how we doing they said well we're not doing well. I said well we're gon na help you and we're gon na give you subsidy, i'm gon na try and get you subsidy and one of them looks at mr. So we don't want subsidy, we don't want a handoutwe. Don'T want that. I said you got to be kidding you're, the only group. That'S ever said that to me country's come in, they want help, everybody wants help, they want free. What do you mean by that? We don't want that. We want to produce i've been on this land. With my family for 150 years, he said my family's been here for 152 years or something he said. We just want a fair playing field.

It'S not fair! What they've done to us with canada charging us two hundred and eighty five percent tariffs. We took care of that with all of the things that happens and then china every time they want to negotiate with theunited states, they stopped buying farm product and china's massive you know they can buy a lot or stop buying a lot and they use the farmers To negotiate, and especially with me because they know i love the farmers and they know the farmers. You look in the middle of this country. That whole thing is beautiful. Republican, read that whole thing, so they use them. But i thought it was incredible. They said we don't want subsidy, we don't want a handout. Sir. We don't want this. We want just a level entry. Let us do what we do better than anybody in the world. I said man is that nice and every single person in that roomagreed with him.

It was great, so i had to tell you: that's not a real-estate story, but it's i found it to be pretty amazing, because i'm on the other side, all the time every day people come in and they all want something. Countries want military protection. Really you want it wealthy countries, you can't pay for it. No, no, we would think you'd fare. Those days are over folks. Those days are over. That'S almost as bad as trade. You want to know the truth, but we're getting it all fixed up after years of building up other countries we're finally building our country and i've directed federal agencies. Thank you, yeah. You, just you, knowsome are people, you know. Are we a seriously? Are we tired of being ripped off? You know, i tell people about nato, nato's fine, but i got them to spend a hundred billion dollars where we were paying essentially for most of nato. I got him to pay a hundred billion down and believe it or not.

That'S not nearly enough, you know it's big stuff, but the european union treats us, i would say worse than china, they're just smaller. Can you believe it? They have trade barriers, they don't want to farm products, they don't want a car, so they send mercedes benzes in here like their cookies. They send bmws. Here we hardly text them atall john. We hardly text them at all. Yet you want to send our cars over there forget it. You want to send our agricultural products over there. Oh i'm sorry, we don't want them. We have our own farmers, it's a very unfair situation, medical equipments, a big business. Believe it or not. You know all the big equipment, medical stuff: they we make the best in the world. Well, they change the standard so that we, our equipment, doesn't qualify.

They made it not a higher standard, just a different standard, so that our equipment now doesn't qualify without these companies. Going and spending a fortune to make equipment - that's not as good, so it's a very unfairthing, so we protect them. We spend hundreds of billions of dollars protecting them and then they take advantage of us on trade. It'S not it's not fair. We lost one hundred and eighty billion dollars with the european union and we all love europe. We love europe. I think they got to be careful with europe and frankly, but we all love europe, but it's not fair the way they treat us. I just tell you that i've directed federal agencies to drastically accelerate the approval process for new roads and bridges, so that our please can get where they want to go safely and our economy can keep running full speed ahead. I mean highways that were taking21 years to get an approval. There'S a highway in the state, not so far away took 20 years to get it approved and they had an opening fairly recently, not a big road, just sort of not even a highway. It'S less than a highway, but by the time it ended up. It was 20 years late.

They spent tens of million dollars on environmental impact statement. The road was a dead straight road, the first road dead straight, so that if you had a rough night, you can go straight now. It'S a road that goes this way because of nesting different things: nesting whatta hell knows what's nesting, but whatever it is. So the road ends upbeing twice as long and curving like hell and unless you 100 % sharp you're in deep trouble. They got these barriers right. You know the barriers is walk, so my father and i would have built that thing for nothing for nothing and it cost. I mean hundreds of millions of dollars and just years and you look at the environmental impact statements. I actually brought one to one speech at brooklyn and it was literally it was this high and there were like three other sections. It was just not it's just nonsense. Okay, just total nonsense, so we're stopping that we're trying to get it down. It takes 1718 years to get a highway approved, we're trying toget it down to one. We have it down to two.

We think we can get it down and we're getting rid of the quadruples. You know you have many quadruples. You have some way. You need ten agencies to approve the exact same thing, so let's say you're doing really. Well, you get carson to approve it. You get all these different people to approve it, and then you have one agency. You can't get that's the end of that project, so we're simplifying it, and we've done, i think, been a great job on that and we have it down to a much lower number, probably two years we'd like to get it down to one and itmay get rejected. You know if it's not environmentally good, if it's not good, we're gon na get will reject it very quickly, but at least you know, so we have we've done a good job with that very good job, i think again, a lot of jobs are being created. A lot of people are doing things that they never thought they could do before. We freed local lenders from the heavy-handed regulations. Also, you know what was going on there that were crushing community banks and threatening the housing market. Pocahontas had an agency.

That was, i mean she was a disaster. She was she enjoyed, destroying these local lenders. I mean, i think she got pleasure out: ofdestroying beautiful local lenders who have been lending to your clients and probably yourselves for years, and they were going out of business and they were they were living in fear. Pocahontas. That'S another beauty, she's doing really. Well so far, isn't she heard her beer, commercial, [ applause, ]? How about the kid did you see the way she got the kid? Did anybody see that anybody, whether she wanted the child? What a kid move quickly? It'S got a lot of pent-up anger, she's, an angry person, but you know what making it very tough one people that you know. You know exactly what i'm talking about, and now we have that running, beautifully and they're learning and they're they'renice people. You know the nice people again by some estimates under the previous administration, cfpb regulations cost credit unions a stunning six billion dollars. Well, that's what we're talking about that was her baby and she had the man that was in charge of that running in the great state of ohio. But mike did a good job and i did a good job. We fought and your current governor came from behind and he was down by six or seven points. With a couple of days left.

We went out, we made a rally, like you, wouldn't believe in the great state of ohio and he ended up winning by six or seven points. That was a greatday for ohio. That was a great day. Last year we roll back the dodd-frank regulations that were crippling local banks, that millions of homebuyers and small rely on. I didn't know this was a banking convention. I thought this was. This is a real estate adventure, but you know you know what was happening to bankers right john. I mean you know what was happening to bankers, the bankers are being crushed and they're being threatened, and - and these are people that were phenomenal - they were being destroyed. Now small lenders are once again thriving they're free to invest in our communities and help more families, experience the joy and the pride of homeownership and i'll never get creditfor. This the press doesn't give me any credit for anything, no matter what i do. No doesn't matter. Look: okay, the people know the people, that's why i have to go through a different source.

It'S called do speeches and go with our social media staff, which is quite powerful. I myself they're very dishonest and you know we're right there dealing with iran and they put out so many false messages that iran is totally confused. I don't know that might be a good thing. Well, they put out the fakers. They put out messages these people right back here they put out there, i'm angry with my people and angry with them. I make my own decisionbut, i'm angry with my people. I'M not angry with my people, i'm worse than they are they're worse than we are they're. More militant mike pompeii is doing a great job, but was doing a great job, but they make it sound. Like it's a conflict and the good news i was thinking today, i said to you: what must a radford's various think and then i look, and i say you know it's probably a good thing, because this st. man, i don't know where these people are coming from Right but they put out false, you know they say confidential sources. Do you ever notice? They never write the names of people anymore. Everything is a sourcesays.

There is no source, the person doesn't exist. The person is not alive. It'S bullshit three people who were at that meeting. You know meeting like seven. Three people have confirmed that this happened and that happened. There were no three people they make it up. These are bad people. These are people. That'S why i came up with the term fake news: it's a good term fake things. It'S a hoax. My administration is also committed to reforming our housing finance system so important more than a decade after the financial place. Fannie mae and freddie mac are still in conservatorship.

Fannie and freddie still dominate the market with no real competition from the private sector and thetaxpayers are still in the hook. If another crisis should happen - and this is a pretty urgent problem - we're doing well with it now - it's well managed. Now we have great people, but it's a pretty big problem and it's really a problem that other than government should be doing so we're looking at different alternatives. We have many geniuses looking at it and we'll figure something out, but fannie and freddie can do a lot better than they're doing, although now they have some very good people running it and that's why i recently directed the department of treasury and hud then to develop A framework for a modern housing finance system and you working on that bed iknow. You have some incredible talent from wall street coming in. We actually call it very smart people. You know somebody said: why are you using wolves exist? Because i want to get very smart people, i want to get people to do this and one that welcomes the private-sector competition, protects taxpayers and preserves homeownership for future generations to come. So we will be working closely with congress to pass these critical reforms that we will consider taking other administrative actions to modernize our housing programs and to ensure more affordable housing to get rid of ridiculous regulations. So you can build and build quickly and build beautifully. Actually, you'll put more money into the house because instead ofspending on a ridiculous paper, work you'll be able to buy better lumber and better flooring and better windows. And just as we believe that every american should have the chance to own a home if they work hard and follow the rules, we'll also believe that every american should have the right to choose their own health care. We'Re going to become really the party of wealth that includes our newly created association, health plans and a lot of you again and just very quickly with us today is teresa beth, mckee, chief executive officer of nevada.

I love nevada realtors come on up, please. Thank you. Mr. president, trump i such an honor to be here and wethank you for the work with the department of labor to open up association health plans for our members in nevada. We have statewide association health plans offered with four members from nevada and las vegas. We cover currently over a thousand lives in just the last couple of months. We'Ve had this open 27 % of those people where currently were uninsured before our plan completely uninsured for those that were insured, they are saving an average of 150 to $ 300 a month. It'S saving an estimated two million dollars in nevada this year and that money goes right back into their businesses and right back into their communities, helping our economy. I have one member who could not affordto insure his family. He let his health lapse needing urgent, hip and back surgery when he was able to finally get this affordable. Full coverage care in nevada under the association health plan he was able to in his words, get back on track, beat the breadwinner for his family again and make himself great again. Another really critical part of association health plans is what it's done for our rural communities before association health plans.

Our rural communities have one choice: one product, one plan through hometown health: we have, they have offered multiple insurance products to the rural areas that gives our rural realtors a choice now of their health plans, a choice of the products thatthey use to insure themselves and their Families we recently went a couple of colleagues and i went and met at the white house with the department of labor, because association health plans are under attack and we're working with the department of labor to ensure that this critical need for our realtors is allowed to Continue, it's critically important to our realtors to have choices to fully affordable and full coverage health plans. Thank you again. Mr. president, thanks erisa, it's a great state to create and it is under attack. You know these health plans are because they want to keep the public deal going and it's a shame and they're fighting it so hard, but we're gonnawin and we are winning and saving a tremendous amount of money for firms. But it's also getting great health care. Like you haven't had before, and we also have to protect the 180 million people with private health care, they want to destroy that. I must tell you: we have an election coming up, that's going to be very important for your people because they want to take it away. They want to bring your taxes up to 80 or 90 percent. They started a couple of months ago at 70, but they really mean 80 or 90 or 95 and that won't pay for it by the way that won't. You need twice that so you have tobe very careful but we'll always be defending america's rights to have low cost high quality health care of your choice so important. And sadly, when you look at what's going on with washington, you see a lot of positives, but you also see people that are fighting very hard.

They have 25 people now running for the office of president and some of these people are stone cold crazy. I mean they're promoting the biggest socialist takeover in the history really of the world. Because of you think i mean this is the united states and they have a hundred trillion dollar green new deal. Nobody has any idea what the hell it is. They know that you can'ttake a plane anymore. You have to take a train to hawaii, train, a train to australia and a train hey if they can't build from san francisco to los angeles. What'S gon na happen when they say, let's build a train to europe. Let'S build one up to europe: we'll go a fast train 100 miles an hour, let's say: well, the plane goes six, so you got a long trip at a train. I'Ll tell you! This is crazy. Is this crazy, but i don't want to hit it too hard. I want to save it for the election cuz. I don't want him to change.

I don't want him to check, i don't want them to have timeto pivot. I want them to go with this stuff, but we still have to be careful and it'll never happen. As long as i'm president, so you can bet on that, so just to finish up your friends of mine, i know a lot of people in the room and homeownership and what you do as realtors and as real estate people. This is a part of americana. This is a great great thing. You do you work hard. You love people, you love this land, you love this country, you take care of employees. In some cases you are employees and you love the person that takes care of you, but you're very, very special people. I knowso much about what you do, because i did the same thing. Can you believe it now it's almost three years. Can you believe this who knew this was going to happen? It just shows how smart you are when you can go and do this and they say, but he doesn't have any experience. But you know intelligence is a very, very good substitute sometimes and i'm gaining a lot of experience very fast.

I have a lot of experience and i had a lot of experience because i was in your business and you do everything you build the lease you rent, you negotiate. You deal with foreign people, you deal with people that live right next, dooryou. Do everything you're very smart, and you love your business and i love to being here and john and everybody thank you and ben carson. Thank you, and this was great and go and enjoy your lives and keep building and we'll keep the economy strong so that you will go on and on and on have a great time. It'S been my great honor. Thank you very much. [ applause, ] [ music, ], [ applause, ], [ music, ], [ applause, ], [ music, ], [ applause, ], [ music, ], [ applause, ], [ music, ], [ applause, ], [ music, ],.


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