CBS News Logo Transcript: Donald Trump announces his presidential candidacy

Jun 16, 2015 DONALD TRUMP, CEO, TRUMP ORGANIZATION, DELIVERS A PRESIDENTIAL CAMPAIGN ANNOUNCEMENT, NEW YORK CITY JUNE 16, 2015 SPEAKER: DONALD TRUMP, CEO, TRUMP ORGANIZATION TRUMP: Wow. Whoa. That is some group of people. Thousands. So nice, thank you very much. That's really nice. Thank you. It's great to be at Trump Tower. It's great to be in a wonderful city, New York. And it's an honor to have everybody here. This is beyond anybody's expectations. There's been no crowd like this. And, I can tell, some of the candidates, they went in. They didn't know the air-conditioner didn't work. They sweated like dogs. (LAUGHTER) They didn't know the room was too big, because they didn't have anybody there. How are they going to beat ISIS? I don't think it's gonna happen. (APPLAUSE) Our country is in serious trouble. We don't have victories anymore. We used to have victories, but we don't have them. When was the last time anybody saw us beating, let's say, China in a trade deal? They kill us. I beat China all the time. All the time. (APPLAUSE) AUDIENCE MEMBER: We want Trump. We want Trump. TRUMP: When did we beat Japan at anything? They send their cars over by the millions, and what do we do? When was the last time you saw a Chevrolet in Tokyo? It doesn't exist, folks. They beat us all the time. When do we beat Mexico at the border? They're laughing at us, at our stupidity. And now they are beating us economically. They are not our friend, believe me. But they're killing us economically. The U.S. has become a dumping ground for everybody else's problems. (APPLAUSE) Thank you. It's true, and these are the best and the finest. When Mexico sends its people, they're not sending their best. They're not sending you. They're not sending you. They're sending people that have lots of problems, and they're bringing those problems with us. They're bringing drugs. They're bringing crime. They're rapists. And some, I assume, are good people. But I speak to border guards and they tell us Continue Reading

CBS News Logo How a Donald Trump campaign event comes together

WATERLOO, Iowa -- The disco ball in the Electric Ballroom at the National Cattle Congress never comes down. Except today. The giant 3-ft wide ball covered in mini mirrors, it seems, will obstruct the TV cameras' view of Donald Trump's campaign rally. So workers drag two ladders onto the dance floor and lower the mirror-laden disco ball to the floor, then carry it into a dishware closet. Sitting in at the dimly lit bar on Tuesday afternoon with a bag of pretzels and a Diet Pepsi, concessions manager Karen Coffin stares at the ceiling above the dance floor with narrowed eyes. She really didn't want to see the ball come down because it has presided over every event she has been a part of in that ballroom. Coffin says in August, she pitched the idea of hosting Trump at the Black Hawk County Republican fundraiser to his state director, Chuck Laudner, who is fond of the venue. Laudner and Coffin traded business cards over the sizzling roast beef meal that Coffin was serving. Two weeks ago, the campaign set the date. The Trump advance team, led by George Gigicos, arrives at the ballroom Tuesday morning from New York. They put up four flags - two American and two Iowa - on the stage where Trump will speak. The Electric Park Ballroom sign will need to come down, too. The production company brings in another two flags. Coffin said setting up a political event differs from a wedding - the kind of affair she usually sets up in the venue - in that "there are a lot more bosses." "She likes to be in control," a Trump team member says quietly while looking at Coffin from across the room. Coffin is standing behind the bar, delegating. Meanwhile, about 40 metal 10-foot bike racks are hauled into the ballroom to create a barrier around the stage and around the area for the press riser. Outside, the racks create the border for an overflow area that can hold 2,500 people. Then the media and check-in tables go into place. At 3pm the Sound Concepts team backs up its truck to the front Continue Reading

Is Donald Trump making money off his presidential bid?

Last Updated Sep 8, 2016 10:59 AM EDT In 2000 Donald Trump told Fortune magazine, “It’s very possible that I could be the first presidential candidate to run and make money on it.” During this primary season, Donald Trump made a point of not taking outside donations, but now he is. Some of Trump’s campaign money is making its way back to the candidate himself, because unlike any other candidate in modern history, Trump is using his businesses for his campaign.Legally, Trump has to pay no more than fair market value, so we crunched the numbers to see how much he’s essentially paying himself, reports CBS News correspondent Julianna Goldman.  Donald Trump has contributed more than $52 million to his presidential campaign. “I didn’t need to do this folks. I’m spending a lot of money,” Trump said during a rally in Ohio.But the Republican nominee has offset some of that by pouring $7.2 million dollars -- just over eight percent of the money his campaign has spent through July --  into his own businesses. Since Trump moved into the general election phase, that spending has increased. During the first year of his campaign, he spent on average half a million dollars a month at his own companies. But as his campaign ramped up from the end of June through July, he spent $1.2 million at Trump businesses. What Donald Trump’s campaign did and didn’t spend on last quarterDonald Trump needs your money to make it to NovemberDonald Trump "fully extinguishes" $50 million campaign loan“There’s a good chance that Donald Trump’s the first candidate for president who makes money off the whole endeavor,” said Charlie Spies, a Republican election lawyer who was Mitt Romney’s CFO in 2008. “The difference with the Romney campaign -- he’s a numbers guy, that he’s very cheap, I think in terms of how money is spent, so we were looking to save as Continue Reading

Why Did Donald Trump Win? Just Visit Luzerne County, Pennsylvania

After finishing work, people watch football and the news at the 4th Street Pub in Luzerne County, Pennsylvania, on December 1. Bar owner Marty Beccone says he knew Donald Trump was going to win in the county despite poll numbers, because his bar patrons strongly supported the GOP nominee. Tanya Bindra for Newsweek U.S. Donald Trump Pennsylvania Updated | Eileen and Richard Sorokas loved Barack Obama. They made calls and even knocked on doors to get him elected president in 2008 and 2012 because they believed he would bring change to their stagnant corner of northeast Pennsylvania. (The couple even named two of their ducks after the president and his veep, though a coyote killed Biden.) But in early November, Eileen and Richard voted for Donald Trump for president, as they and the rest of Luzerne County, Pennsylvania, flipped from supporting Obama by 5 points in 2012 to a 20-point victory for the billionaire. Reversals like that throughout Pennsylvania gave the state to the Republicans for the first time in a national election since 1988. “I have all the confidence in the world he’s going to do a good job because you could tell just [from] how he campaigned,” Eileen says, detailing her deep faith in Trump, even as a scrapbook of souvenirs from when she worked for Obama lies on the table in front of her. “He’s a businessman, and he knows what he’s going to do with the economy. He’s sincere with getting America back to work.”Blue-collar and working-class voters got credit for Trump’s surprise victory this November, but he flipped a lot of very white-collar voters as well. Eileen’s and Richard’s fathers both worked the local coal mines, but their children have done very well for themselves—they own three homes in Luzerne County and almost 200 acres of land. Richard has an MBA, worked his way up to research and development at Procter & Gamble over 31 years—“I put the roses on Continue Reading

Donald Trump Showed His Hand In 1999, But No One Was Looking

Here is a partial list of the things that happened to Donald Trump in 1999: 1) He finalized his divorce from second wife Marla Maples, managing to give her just $2 million; 2) he became embroiled in battle with a coalition of Upper West Side residents — including Walter Cronkite, Paul Newman, and Kofi Annan — protesting the construction of a massive tower near the United Nations building; 3) he announced plans for at least a half dozen new real estate developments, including a NASCAR track on Long Island; 4) he starred in a sensational gossip saga in which two former girlfriends vied for his attention in the Hamptons, both ending the night in tears; 5) he reveled in the rejuvenation of the Miss USA Pageant, and the news that he would start a modeling agency; 6) he began dating Slovenian model Melania Knauss; 7) he spent months flirting with a run for president.That flirtation started with an “independent” midsummer poll of Reform Party members indicating that Trump would tie for third among the party’s potential candidates. “If the Reform Party nominated me, I would probably run and probably win,” Trump said. And if they did, he joked, “I would ask for an immediate recount.”But the poll was enough to spark Trump’s interest — and get Jesse Ventura, professional wrestler turned Reform Party governor of Minnesota, to encourage Trump to contest Ross Perot and Pat Buchanan for the Reform Party nomination.Two weeks later, the National Enquirer published a similar “poll shocker”: “The 2000 presidential election is neck and neck,” the piece, placed prominently on the front page of the magazine, announced. “But sorry, Al Gore, the real battle is between George W. Bush and Donald Trump!” Thirty-nine percent of those polled said they’d vote for Bush — but 37% percent said they’d vote for Trump, “who hasn’t bothered to campaign at all.” Continue Reading

Did Donald Trump model his fiery Thursday speech after Bill Pullman’s famous rallying cry in ‘Independence Day’?

The reality TV show candidate has turned to a familiar source for speech material — Hollywood. Donald Trump’s fiery and hostile speech Thursday in West Palm Beach appeared to be modeled after — and in some places a downright imitation of — the famed speech given by actor Bill Pullman in the 1996 hit movie “Independence Day.” In the movie, U.S. President Thomas Whitmore, played by Pullman, rallies military forces from around the world to unify against the aggressive race of outer-space aliens that has invaded Earth His inspiring speech has been oft-quoted in the 20 years since the film was released. While Trump’s speech Thursday was far longer than Pullman’s, its ending appears to be eerily similar to the actor’s speech in the movie. Pullman’s speech ends: "We will not go quietly into the night! We will not vanish without a fight! We're going to live on! We're going to survive!" Today, we celebrate our Independence Day!” Trump’s, on the other hand, concludes: “We will rise above the lies, the smears, and the ludicrous slanders from ludicrous reporters. We will vote for the country we want. We will vote for the future we want. We will vote for the politics we want. We will vote to put this corrupt government cartel out of business. We will remove from our politics the special interests who have betrayed our workers, our borders, our freedoms, and our sovereign rights as a nation. We will end the politics of profit, we will end the rule of special interests, we will put a stop to the raiding of our country—and the disenfranchisement of our people. Our Independence Day is at hand, and it arrives, finally, on November 8th.” Trump’s speech Thursday wouldn’t be the first time his campaign borrowed from a hit movie. In January, he staged a Continue Reading

Inside the mind of a Trump voter: My Dad is OK with Putin and doesn’t care how Trump made his money

He grew up in poverty in Brooklyn, attending public schools and college before becoming a captain of industry, leading a key division for a multi-billion-dollar international company. He opposed the Vietnam War, he's pro-Choice, he appreciates the contributions of immigrants (though, especially, Jewish ones), and he thinks the government should provide healthcare for all, though he opposes tax increases on principal. For decades, he has supported Democrats and Republicans, most recently John Kasich. We have argued politics for decades, but I have always found him a sane person, albeit with a world view completely skewed by an unquestioning support for anything done by the Israeli government. Still, my father supporting Donald Trump? In our first column, he excused Trump's attack on a Gold Star family. In the second part of our Pulitzer-worthy series, Dad (not his real name) argued against Hillary Clinton because she's a "liar" who is also rich while Trump, he says, is only rich. In another column, he argued that GOP tax policies that clearly favor the rich would actually help the poor. In our last column, we tackled Trump’s bizarre claim that he’d be better for “the blacks.” This week? The ultimate throwdown over basic competence! Gersh: We can’t do these on the phone anymore because you are increasingly unhinged. I made this determination when you defended Trump’s claim that Vladimir Putin offers a better leadership style than Barack Obama. Dad: I merely objected to how you liberals misquoted what Trump said about Putin. When you are going to negotiate with someone, you praise him to the hilt and then cream him in the negotiations. That’s what Trump was doing for when he has to deal with Putin. Gersh: But Trump has gone to great lengths to lavish praise on how Putin rules and has made the despicable suggestion that a leader is someone who acts in an authoritarian manner. Whenever Obama does that, your party wails Continue Reading

Donald Trump has whipped the country into a frenzy and his ‘us-against-them’ antics have gone from amusing to alarming

Violence, mayhem, racism, hatred. Another day, another Trump rally. How did Donald Trump’s message go from them (Mexicans, Muslims) against US, to us against them (white against black). Making the transition from xenophobia to white supremacy was not his intent — I will never believe it was — but it became its natural progression. It is the way every dictator starts: Us against them until it’s us against his army. QUIZ:WHO SAID IT? TRUMP, HITLER, MUSSOLINI, STALIN? Don’t be fooled by the suit, the tie, the massive comb-over. Donald’s not your wacky uncle made good. He’s a man who has whipped the country — on both sides — into a frenzy, unleashing the hate that we’ve somehow managed to keep contained like Godzilla in chains. I refuse to believe he meant this to happen. But his unspoken message was interpreted was “go for it” when he didn’t denounce the Klan, when he said he’d like to punch a protester in the face, when black protesters were thrown out of his rally. This guy’s not a racist, but The Trump Show has gone from amusing to alarming. And CNN is complicit in helping it along. They showed the same two minutes of rally-shoving for hours on end. Not that most of the other GOP candidates are much better, or less frightening. They are simply better at hiding their racism and religious discrimination like they skillfully did at last week’s debate. And just because their GOP daddy told them to stop comparing their d---s during that face-off doesn’t mean they didn’t conduct an unseemly, uncouth, un-American, ugly pissing match. Speak softly and conceal your big stick. They sparred quietly, like gentlemen, over who could be the most bigoted, xenophobic, religiously intolerant and hateful President. The white supremacist GOPers now think that refraining from arguing penis size and not screaming Continue Reading

3 Indiana businessmen to help Trump make his case for tax reform package

Three Indiana businessmen have been chosen to help President Donald Trump make his case for tax reform during his Indianapolis visit Wednesday. Kip Tom, owner of Tom Farms in Leesburg, John Gannon, owner of Custom Wood Fencing in Greenfield and Aaron Williams, director of field marketing an analyst relations at Topcoder in Zionsville are among those the White House says would benefit from tax reform. And the Trump administration is referring media to them to tout the benefits of tax restructuring. Trump has released few details for his plan so far, but plans to unveil a "comprehensive report" on Wednesday.  According to activists briefed on the plan, changes will likely include lowering the corporate rate to at least 20%, condensing the current seven tax brackets to three and reducing the top rate for individual income earners to 35%.The lowest bracket's taxes would increase. Tax reform: Why President Trump is coming to Indiana Wednesday to push his tax reform efforts More: What we know about Trump’s visit to Indianapolis Tully: President Trump, Indiana still loves you The three Indiana businessmen may have played a small role in the creation of the plan: the Trump administration reached out to all three for their input.Here's what you should know about the three Hoosiers and how Trump's tax reforms will impact them. Kip Tom, owner of Tom Farms in Leesburg, IndianaTrump has already looked to Tom in the past for advice, so Tom's support for Trump's tax reform plan isn't surprising.After losing a Congressional primary to Rep. Jim Banks, the seventh generation farmer served on Trump's agricultural advisory committee. Tom's visit to the Trump Tower in January also led to rumors that he was being considered for the Agriculture secretary position.Tom Farms is one of the largest corn, soybean and seed growers in Indiana.The Trump administration could use his farming operation Continue Reading

Full transcript of Donald Trump’s 2016 presidential announcement

Billionaire mogul Donald Trump announced his 2016 presidential run Tuesday. Below is the text of his speech: Last quarter, it was just announced, our gross domestic product - a sign of strength, right? But not for us. It was below zero. Who ever heard of this? It’s never below zero. Our labor participation rate was the worst since 1978. But think of it, GDP below zero, horrible labor participation rate, and our real unemployment is anywhere from 18-20%. Don’t believe the 5.6. Don’t believe it. That’s right - a lot of people up there can’t get jobs. They can’t get jobs because there are no jobs because China has our jobs and Mexico has our jobs. They all have our jobs. But the real number, the real number, is anywhere from 18-19 and maybe even 21% and nobody talks about it because it’s a statistic that’s full of nonsense. DONALD TRUMP IS RUNNING FOR PRESIDENT Our enemies are getting stronger and stronger by the day and we as a country are getting weaker. Even our nuclear arsenal doesn’t work. It came out recently. They have equipment that’s 30 years old and they don’t even know if it works. And I thought it was horrible when it was broadcast on television because boy does that send signals to Putin and all of the other people that look at us and they say ‘OK, that is a group of people and that is a nation that truly has no clue. They don’t know what they’re doing. They don’t know what they’re doing.’ We have a disaster called the big lie - Obamacare, Obamacare. Yesterday it came out that costs are going, for people, up 39, 39, 49 and even 55%. And deductibles are through the roof. You have to get hit by a tractor, literally a tractor, to use it because the deductibles are so high it’s virtually useless. It’s a disaster.N NEW YORKERS WITH MEXICO ROOTS SLAM DONALD TRUMP And remember the $5 billion website, 5 billion Continue Reading