Trump: Stay in Iraq and Take Over the Oil

Trump on China, OPEC and Our Complicated Tax Code

Trump's bold idea to level the playing field in Iraq and Iran, and his thoughts on Libya and the Arab League

DONALD TRUMP: I've never said this before. This is the first on your show. Good luck with it. Run with it. In the old days when you had wars, you win, right? You win. To the victor belonged the spoils. So when we go to Iraq, we spend $1.4 trillion so far and thousands of lives are lost, right? And not to mention all the poor guys and gals with one arm and no arm and all the facts, right?

BILL O'REILLY: Absolutely. Right.

TRUMP: And we're going to leave and 15 minutes after we leave, Iran is going to go into Iraq.

O'REILLY: And what do you do to Iran if that happens if you are president?

TRUMP: Nobody is going to have enough heart to want to go back.

O'REILLY: No, no but you are going to be president.

TRUMP: You've got to stay and keep the oil.

O'REILLY: You're going to be -- you're going to be in office, Iran comes in, tries to take the oil. What do you do?

TRUMP: Bill, Bill, you stay and you keep the oil. If Iran is going to take over the oil, we stay and we keep the oil.

O'REILLY: All right. But if they're out of there, which they will be…

TRUMP: Excuse me.

O'REILLY: …in '12 they are going to be out of there. So say you win the presidency.

TRUMP: We shouldn't be out of there. What we should do is take over…

O'REILLY: Shouldn't, wouldn't, Obama is going to pull them.

TRUMP: Bill, Bill.

O'REILLY: There's going to be about 20,000 left.

TRUMP: As sure as you are sitting there, Iran, two minutes after we leave, Iran is going to come in…

O'REILLY: We know that.

TRUMP: …and take over the oil.

O'REILLY: Well, what do you do about it?

TRUMP: You stay and protect the oil and you take the oil and you take whatever is necessary for them and you take what's necessary for us and we pay our self back $1.5 trillion or more. We take care of Britain, we take care of other countries that helped us and we don't be so stupid.

You know, we're the only country and if you look at wars over the years and I study wars, OK? My whole life is a war. You look at wars over the years. A country goes in, they conquer and they stay. We go in, we conquer and then we leave. And we hand it to people that we don't even know. Now, who are the people that are going to be running Iraq? The person that hates the United States the most will be running Iraq. So, in a nutshell, we go in, we take over the second largest oil fields and we stay.