QUESTION: Mr. Trump, over the past 15 years, a lot of U.S. troops have bled and died securing towns and provinces from Iraq to Afghanistan, only to have insurgent groups like ISIS spring back the moment we leave. Now, you’ve claimed to have a secret plan to defeat ISIS. But you’re hardly the first politician to promise a quick victory and a speedy homecoming. So assuming we do defeat ISIS, what next? What is your plan for the region to ensure that a group like them doesn’t just come back?
TRUMP: Sure. I mean, part of the problem that we’ve had is we go in, we defeat somebody, and then we don’t know what we’re doing after that. We lose it, like as an example, you look at Iraq, what happened, how badly that was handled. And then when President Obama took over, likewise, it was a disaster. It was actually somewhat stable. I don’t think could ever be very stable to where we should have never gone into in the first place.
But he came in. He said when we go out — and he took everybody out. And really, ISIS was formed. This was a terrible decision. And frankly, we never even got a shot. And if you really look at the aftermath of Iraq, Iran is going to be taking over Iraq. They’ve been doing it. And it’s not a pretty picture.
The — and I think you know — because you’ve been watching me I think for a long time — I’ve always said, shouldn’t be there, but if we’re going to get out, take the oil. If we would have taken the oil, you wouldn’t have ISIS, because ISIS formed with the power and the wealth of that oil.
LAUER: How were we going to take the oil? How were we going to do that?
TRUMP: Just we would leave a certain group behind and you would take various sections where they have the oil. They have — people don’t know this about Iraq, but they have among the largest oil reserves in the world, in the entire world.
And we’re the only ones, we go in, we spend $3 trillion, we lose thousands and thousands of lives, and then, Matt, what happens is, we get nothing. You know, it used to be to the victor belong the spoils. Now, there was no victor there, believe me. There was no victor. But I always said: Take the oil.
One of the benefits we would have had if we took the oil is ISIS would not have been able to take oil and use that oil...
Excerpted from Time's transcript.