0:11
so you know I did a little Tick Tock
0:14
thing we have a guy ticktock Jack he's a
0:17
young kid like 21 years
0:20
old and we hired this guy and I went on
0:23
Tik Tock can you believe what I'll do to
0:26
election and we went on TI talk and
0:31
Republicans have never won the young
0:33
vote the youth vote they win a lot of
0:35
votes but they never won the youth vote
0:38
we won the youth vote by 36
0:41
points so I like Tick Tock I like
0:48
it I like it I had a slightly good
0:52
experience wouldn't you say Romney lost
1:00
not so long ago we won it by 36 points
1:05
spread but I said we need to save Tik
1:08
Tock because we're talking about a
1:10
tremendous who who in this
1:13
audience goes with Tik Tock many yeah
1:22
frankly we have no choice we have to
1:25
save in a lot of jobs we don't want to
1:27
give our business to China we don't want
1:29
to give our business to other people and
1:33
I said you know Tick Tock without my
1:36
approval meaning the president's
1:39
approval because Congress gave the
1:41
president the right to make a deal do
1:45
wants and uh they did that a long time
1:49
ago when they had a different president
1:51
they didn't know that I was going to be
1:52
the president I guess so I said very
1:57
simply a joint venture
2:00
so if Tik Tock is worth nothing
2:05
zero without an approval you know if you
2:07
don't approve they're out of business
2:09
they're worth nothing if you do approve
2:12
they're worth like a trillion dollars
2:14
they're worth some crazy number so I
2:17
said I'll approve but let the United
2:21
States of America own 50% of Tik Tock
2:26
I'm approving on behalf of the United
2:31
so they'll have a partner the United
2:33
States and they'll have a lot of biders
2:35
and the United States will do what we
2:40
venture and uh there's no risk we're not
2:43
putting up any money all we're doing is
2:45
giving them the approval without which
2:47
they don't have anything so I don't know
2:50
it sounds like that works what do you
2:54
so so whether you like Tick Tock or not
2:57
we're going to make a lot of money not
2:59
very long way oh look at that it says
3:02
ticktock my my my what is that all about
3:05
first we have Alaska sir this is an
3:07
executive order relating to unleashing
3:09
Alaska's potential as an energy
3:11
reservoir for the entire nation and what
3:13
about nir uh I believe that would be
3:16
included in aspects of the order so
3:19
an on the P president Trump you and your
3:23
members of your team now used to warn
3:26
about the dangers of Tik to spying on
3:28
Americans what Chang that you're not
3:31
worried about that any well it depends
3:33
on the deal I mean I may not do the deal
3:36
or I may do the deal Tik Tock is
3:39
worthless worthless if I don't approve
3:42
it it has to close I learned that from
3:45
the people that own it if it if I don't
3:48
do the deal it's worthless worth nothing
3:51
if I do the deal it's worth maybe a
3:53
trillion dollar a trillion so if I do
3:56
the deal for the I'm talking about doing
3:58
it for the United States if I do the
4:00
deal for the United States then I think
4:03
we should get half the Tik to in other
4:05
words right I think the US should be
4:08
entitled to get half of Tik Tock and
4:11
congratulations Tik Tock has a good
4:14
partner and that would be worth you know
4:18
could be $500 billion dollar or
4:20
something it's crazy the numbers are
4:22
crazy but it's worthless if I don't if
4:24
the president doesn't sign then it's
4:27
worthless if the president does sign
4:30
it's worth maybe a trillion dollars so I
4:34
think uh like a joint venture I think we
4:37
would have a joint venture with the
4:39
people from Tik Tac we'll see what
4:41
happens I mean that's one of many ideas
4:44
had did he say that he's open to that
4:47
idea the CE Tik Tock is around oh I
4:51
think he probably like it because he's
4:55
nothing they really have nothing it it's
4:58
passed in Congress it the president a
5:00
right to make make a deal or to close it
5:05
and we have 90 days to make that
5:07
decision but I could see making a deal
5:10
where the US gets 50% of tick Tok Poli
5:14
it a little bit or a lot depends on them
5:20
but remember they make telephones in
5:21
China they make uh all sorts of things
5:24
in China nobody ever complains about
5:26
that here they're complaining about this
5:30
so many different products made in China
5:32
and nobody ever complained about the
5:33
only one they complain about is Tik Tock
5:36
and Tik Tock is largely young people I
5:38
guess I have a warm spot for Tik Tok
5:40
that I didn't have originally but you I
5:42
went on Tik Tok and I won young people
5:48
Peter and Republicans typically don't do
5:51
too well with young people but it's a
5:55
party por of Tik Tok then or how would
5:58
it get that 50% no you you take 50% of
6:02
Tik Tock for the approval that Tik Tock
6:05
can continue in business and they'd have
6:08
a great partner the US would be their
6:10
partner but the US essentially would be
6:12
paid for doing that half of the value of
6:15
T Tock would there be a private sector
6:17
owner as well could could be a lot tell
6:20
you what every rich person has called me
6:22
about Tik Tock you wanted to block Tik
6:25
Tok why did you change your mind because
6:30
and remember Tik Tok is largely about
6:33
kids young kids if China is going to get
6:35
information about young kids I
6:37
don't I think I think to be honest with
6:40
I think we have bigger problems than
6:42
that but but you know when you take a
6:44
look at telephones that are made in
6:46
China and all the other things that are
6:47
made in China military equipment made in
6:51
China um Tik Tock I think Tik Tock is
6:56
not their biggest problem but there's
6:58
Big Value in Tock if it gets approved if
7:01
it doesn't get approved there's no value
7:02
so if we create that value why aren't we
7:08
half shut them down does Biden ever do
7:11
news conferences like this how many news
7:14
conferences Peter has he done like this
7:19
zero and it would be zero for the next
7:23
Infinity for Infinity it would be zero