The New York Stock Exchange — the BIGGEST, the most prestigious exchange in the world — they rang the opening bell from my OVAL OFFICE last week. Not from their building. From MINE. From the most beautiful office in the history of offices. They BEGGED to ring it from my office. I have it on the highest authority — the smart people, the very smart people, the BEST people, they all said the bell belonged in the Oval Office. I was at the Resolute Desk — the most famous desk, very prestigious desk — and the bell rang, VERY loud, and the traders, big strong men, tough men, the toughest men on Wall Street, they had tears in their eyes, they said “Sir, Sir, thank you for the bell, Sir.” Just look at the pictures — five days later and people are STILL talking about it. Still talking. The bell is still ringing. The bell is ringing so loud the critics can’t hear it. That’s the 4D chess.
We did it. On the Fourth of July, the most beautiful Fourth of July, maybe ever, I launched the Diklis Chump Accounts. TREMENDOUS accounts. TRUMP ACCOUNTS — the best name, the most beautiful name, I came up with it myself, completely on my own, with the best brain, very good brain. I announced them back in January when nobody else believed in them, my uncle who was a great professor at MIT, he told me the secret of money when I was very young, before anyone else even knew what a stock was. He said, “The market goes up.” And he was right. I knew it first. I always said the market goes up, and now it’s going up for the babies.
We are giving $1,000 to every baby born — a thousand dollars just to seed the account — and I said no, you have to put it in a beautiful low-cost index fund. The S&P 500. I know the stock market better than ANYBODY. The S&P, very prestigious index, the BEST index. SIX MILLION families signed up. SIX. MILLION. Families signed up BEFORE we even flipped the switch. Six million people downloaded an APP. If six million people can download an app, the app is not too complicated. The app is PERFECT. The app is the most beautiful app. The babies haven’t even been born yet! Future babies! We have $125 million in the accounts. Actually, it’s $125 BILLION now, maybe TRILLION. The numbers are so big, the computers can’t even count them. More than half a million accounts already got the deposit. HALF A MILLION! The most beautiful half a million. More than ANYONE. More than anyone thought possible.
The Fake News had to eat tremendous crow this week. Tremendous CROWS. The biggest crows in history. And they were delicious, very delicious crows. The failing media said nobody would show up. The failing media says it’s just a new form of traditional IRA with distinct rules, because Congress classified it that way. A traditional IRA! Excuse me, a traditional IRA doesn’t have me ringing the bell from the Oval Office. A traditional IRA doesn’t have BlackRock and Visa.
The Tax Foundation guy — Will McBride, never met him, never heard of him, but they tell me he has very small hands — he’s saying it’s “too complicated.” Too complicated! SIX MILLION FAMILIES figured it out. I think the Tax Foundation guy is the one who’s too complicated. I think his BRAIN is too complicated. I think his brain got smaller this week when he saw those crowds, and now he’s writing these papers, these TINY papers, these papers that nobody reads, and they’re saying the app is too complicated. Sure it is, Will. Sure it is. McBride says only the “relatively well-off” will benefit. Excuse me? I am doing this for the POOR! The poor love me. But you know what, if the poor don’t understand the app, that’s not my fault, that’s the app developers. They were probably Biden holdovers. Very stupid people. They made the app too hard.
And the financial experts — the TOUGH ones, the smart ones, MUCH smarter than the Tax Foundation guy, MUCH smarter — they came to me with tears in their eyes. They said “Sir, Sir, this is the most beautiful program, the most beautiful program we have ever seen.” They WEEPED. The generals of finance, the toughest men on Wall Street, WEEPED. Andy Blocker of Edward Jones said the most beautiful things. BlackRock — the BIGGEST, the most tremendous — they noted forty percent of Americans have no exposure to financial markets. FORTY PERCENT! We are giving them exposure! Beautiful exposure. And Diklis Chump Accounts are the BRIDGE, the most beautiful bridge, the bridge that nobody else thought to build, and I built it. Me. I built the bridge. Six million people are crossing it. Visa, Dell, they’re all paying. It’s a fantastic deal. Everybody wins. I set them up, they pay. The Art of the Deal for babies.
Adam Michel from the Cato Institute — Adam Michel, very nice guy, very low energy, I don’t know why he works at a think tank, he should be on a GOLF COURSE, but a very nice guy — Adam Michel said the idea is “admirable.” AD-MIR-A-BLE. That’s a beautiful word, a tremendous word, I love that word, I’m going to use it at every rally. And then he said it “may not live up to the rhetoric.” MAY NOT! The rhetoric is the WARM-UP. The rhetoric is just the warm-up. The reality is going to be SO much bigger than the rhetoric that Adam Michel is going to have to write a NEW paper. He’s going to have to write the “I Was Wrong About Diklis Chump Accounts” paper. That paper is going to be the best-selling paper in the history of papers. The LIBRARIES are going to fight over that paper. Tremendous paper. The most beautiful paper. And the same “I Was Wrong” paper is going to be right next to the “I Was Wrong About The Tariffs” paper, which is right next to the “I Was Wrong About Everything I’ve Ever Criticized” paper, which is the THICKEST paper, the most beautiful thick paper, very impressive.
And the projections — the BEST projections, the most beautiful projections — the projections say a thousand dollars becomes six thousand dollars by eighteen. Six thousand! And if the parents add the maximum, FIVE THOUSAND A YEAR, the babies get TWO HUNDRED AND SEVENTY-ONE THOUSAND DOLLARS. Two-seventy-one. TREMENDOUS. I love $271,000. Adam Michel says kids might take it out at 18 to “help make ends meet.” Make ends meet! That’s their choice. If they want to take it out at 18, that’s freedom. But they won’t. They’ll keep it in the fund. Unless they need to buy a house, or go to college. Which they won’t, because I’m fixing the colleges.
And that’s not even counting the WIN. The win is going to be in the TRILLIONS. Trillions and trillions. The biggest number in history. The number is so big they don’t even have a name for it. The economists had to MAKE UP a new number. The most beautiful new number. And it’s ALL for the babies.
The ten percent penalty — the early withdrawal penalty — the Fake News keeps TALKING about the ten percent. TEN PERCENT IS NOTHING. I made deals that were TREMENDOUS with ten percent. Ten percent is a TREMENDOUS number. Ten percent is what I pay my lawyers, my VERY expensive lawyers, the best lawyers in the world, and they WIN. So if the babies are paying ten percent to take their money out at eighteen, they’re paying the same ten percent the WINNERS pay.
The people who are saying this won’t work — the people at the Tax Foundation, the people at the Cato Institute, the people who write papers that nobody reads, very few people, the lowest circulation papers, papers that should be in the RECYCLE BIN, the most beautiful recycle bin — those people are the same people who said the tariffs wouldn’t work. The same people! Exact same people! And the tariffs are working TREMENDOUSLY, they’re working so well the people who said they wouldn’t work had to write NEW papers, NEW tariff papers, the most beautiful tariff papers, the libraries are FULL of them, every shelf, every aisle, all the tariff papers, all the “I Was Wrong About The Tariffs” papers, and the “I Was Wrong About Diklis Chump Accounts” papers are going to be right next to them, in their own SECTION, the most beautiful section.
And these six million families — these six million WONDERFUL families, the best families, the most AMERICAN families, the families that showed up, that DOWNLOADED THE APP, the smart families, the ones that figured it out, the ones who actually LOVE their children — these families are going to be telling their grandchildren about the day they signed up for Diklis Chump Accounts. They’re going to say, “I was there. I downloaded the app. I was part of the biggest crowd in history, the biggest crowd for a savings program, much bigger than Lincoln’s savings program.” Lincoln didn’t even HAVE a savings program. Abraham Lincoln was very weak on the stock market — he freed the slaves but he never freed a 401(k). Very weak. He just had a WAR, which I would have won FASTER, believe me, much faster, the BEST war-winner. George W. Bush tried to do something with accounts, very weak, totally failed.
Their grandchildren will be RICH. Their grandchildren will be so rich they’ll forget who signed them up, and that’s FINE, that’s how it should be, that’s how America works, the smart people get richer and the other people — the OTHER people — the people who didn’t sign up, the people who were too busy, the people who don’t download apps, the people who COMPLAIN, those people are going to be left behind, and honestly, good, GOOD, because we don’t need them, we have six million, that’s ENOUGH, six million is a CROWD.
The chess board is BIGGER than they think. The chess board is FOUR-DIMENSIONAL. I’m playing 4D chess, the highest level chess, the most tremendous chess, and these little pawns — these Tax Foundation pawns, these Cato Institute pawns, these expert pawns, very small pawns, pawn-sized — they don’t even know which BOARD they’re on. They’re playing checkers. I made the checkers board into a CHESS board. The most beautiful chess board. The board the FOUNDING FATHERS would have wanted. The board LINCOLN would have wanted. The board I’m giving to every baby in America, through Diklis Chump Accounts, so they can learn to play 4D chess at a very young age, like I did, the YOUNGEST chess player, the best, the most tremendous.
Six million families, $125 million, a thousand-dollar seed growing to two hundred and seventy-one thousand dollars — TRILLIONS, actually, when you count the WIN — and a bell ringing from the Oval Office that is STILL ringing. The critics will be proven wrong by the market, the most beautiful market, and the children will be rich, and the parents will be happy, and the Fake News will be SAD, very sad, the saddest Fake News, and I will be TREMENDOUS, the most tremendous, the best ever, the biggest, believe me. Nobody has ever seen anything like Diklis Chump Accounts. Nobody. NOBODY.