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00:00Es too expensive.
00:01La bottom line es esto, que americans deserve to become first-time homebuyers.
00:05President Trump has created the best economy in the world.
00:08The one thing that would make it better is lower interest rates.
00:11Full employment is even more possible.
00:13Wages rise faster as interest rates come down
00:16when your employment is at 4.1% because of your leadership.
00:20We have revenues coming in at record-breaking.
00:22Maybe last month even more revenue coming in than bills going out,
00:26which is remarkable.
00:26They found $25, $26 billion.
00:29They said, where did that come from?
00:31I think that's been many, many decades since that happened.
00:34I can't remember that.
00:35They found $26 billion last month.
00:37And they said, where did that come from?
00:39I said, why don't you try the tariffs?
00:40I said, it was true.
00:42We're taking in hundreds of billions of dollars.
00:45And our country is doing great.
00:47And we have no inflation.
00:48And the numbers, the jobs, everything is good.
00:51The one thing we have to do is get housing prices down
00:54and the interest rates down so people can buy the house.
00:56Because they're all making money, but they can't get the interest rate down.
01:00We have to.
01:01Amen.
01:02Right?
01:02And he's been my friend for a long time.
01:04Did you see a number of construction sites?
01:05Did you see mismanagement going on or funds that aren't?
01:09Well, I see a very luxurious situation taking place.
01:13Let's put it that way.
01:15And I was given a very nice tour by the head of construction.
01:18And, you know, look, if you look over here, they're trying to open up the basement.
01:23When you open up a basement, first of all, it's the worst space.
01:26Always a basement is the worst space in a building.
01:28And it's also the most expensive space to build.
01:31And especially here, because you have a water line.
01:33You know, they're going down into the water.
01:35So they have to build a reverse, what's called a reverse bathtub.
01:38The water has to be kept out.
01:40It's very expensive construction.
01:41So it would have been good if they didn't build it.
01:44It would have been good if they didn't do certain other things.
01:46If you look at the kind of protection in the hall, have you been able to get in the hall?
01:52You saw the protection of plywood.
01:54I mean, that was a lot of money just to protect it for a period of time.
01:58And I would have done it very gingerly and easily and not have to spend, you know, millions of dollars on protection.
02:06And there are things that could have been different.
02:07Look, look, there's always Monday morning quarterbacks.
02:09I don't want to be that.
02:11I want to help them get it finished.
02:12It's been going on for years.
02:14And I want to help them get it finished.
02:16And what we really want to do, and I think I can speak for Tim, and I think I can speak for the entire Senate.
02:23We can speak for everybody, frankly, is we want to see interest rates come down.
02:27Our country is booming, and the interest rates is a final little notch.
02:32And if you look at Europe, they've lowered 11 times, 11 times in a short period of time.
02:38We've lowered zero.
02:40And, you know, they are competition, although we're in the process of probably making a very good deal with them, too.
02:47They want to make a deal very badly, very badly.
02:50So we're making a deal.
02:51We just completed our deal with Indonesia.
02:54We just completed our deal with the Philippines.
02:55We're making unbelievable deals, and the money is pouring in.
03:00We want to get interest rates.
03:02But on interest rates, at some point, does the level of interest rates now...
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