Tags: Trump | Sunni | Iraq | oil

Trump to Newsmax TV: US Should Seize Iraq Oil

By    |   Wednesday, 18 June 2014 11:55 AM

As Sunni militants reportedly took control of Iraq's largest oil refinery Wednesday, business titan Donald Trump, founder and CEO of Trump Corp., urged the U.S. government to take control of Iraq's oil Wednesday on "America's Forum" on Newsmax TV.

"I've been predicting for a long time that somebody, most likely the bad guys, are going to get the oil," he told J.D. Hayworth and John Bachman in an exclusive interview.

Vote Now: Should the U.S. Strike Iraq Insurgents? Vote Now

"And if you look at this morning, they [the Sunni militia] veered off course, and instead of going into Baghdad initially — they'll get that later, don't worry about it — they decided to do the smart thing."

Watch our exclusive video. Story continues below.



Note: Watch Newsmax TV now on DIRECTV Ch. 349 and DISH Ch. 223
Get Newsmax TV on your cable system – Click Here Now

That was to go after Iraq's oil. "So now they have the oil, and they have lots of land, and they have lots of support, and they have lots of money, and they have our equipment, and we're a very stupidly run country."

Iraq now exports approximately 2.5 million barrels a day of crude, and approximately 300,000 barrels of that go to the United States, according to the Energy Information Agency. Those 300,000 barrels represent approximately 4 percent of U.S. imports.

Trump says the United States never should have intervened in Iraq in the first place. "But if we were going to be there, take the oil before Iran gets it or before the other militants get it," he said.

"What happened now is the worst nightmare."

Meanwhile, Trump is not surprised with Tuesday's news that consumer prices rose 0.4 percent last month, the most since February 2013.

"I'm not surprised because our country is a mess," he argues. "Our leader is incompetent, our country is an absolute mess and we're laughed at all over the world."

Trump is spending a lot of time overseas as he works on real estate projects in the Middle East and Europe. Foreigners "have no respect for Obama, no respect for our country," he notes. "They don’t even view us as a factor anymore."

Editor’s Note: Get These 4 Stocks Before 399% Stock Market Rally!

© 2019 Newsmax Finance. All rights reserved.

   
1Like our page
2Share
StreetTalk
As Sunni militants reportedly took control of Iraq's largest oil refinery Wednesday, business titan Donald Trump, founder and CEO of Trump Corp., urged the U.S. government to take control of Iraq's oil.
Trump, Sunni, Iraq, oil
413
2014-55-18
Wednesday, 18 June 2014 11:55 AM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved