This is a rush transcript from "On the Record," August 31, 2011. This copy may not be in its final form and may be updated.

GRETA VAN SUSTEREN, FOX NEWS HOST: This is a "Fox News Alert." President Obama cries uncle, and Speaker Boehner wins this round. In the last few hours, there's been a big stand-off in Washington over the time and place of the president unveiling his jobs plan, the White House just announcing the jobs plan unveiling will not happen Wednesday at the U.S. Capitol at 8:00 PM, as the president wanted, and which is the same time the Republican debate at the Reagan Library.

The president asked the speaker to assemble the Congress for a joint session on Wednesday, but the speaker said Wednesday -- well, that wouldn't work. He suggested Thursday, and that's when the stand-off between them began.

So when is the president going to unveil his jobs plan? Well, there's another slight problem for the president. It's all now set for the following night, for Thursday, September 8th, but that is the opening night of the NFL season. The Super Bowl champion Packers take on the New Orleans Saints. Not, that's not exactly great timing for the president. We're going to have much more on this.

But first, we asked Donald Trump what he thinks.

(BEGIN VIDEOTAPE)

DONALD TRUMP, TRUMP ORGANIZATION: They keep playing games, I mean, both sides, not just the president. They just keep playing games. We need jobs. We don't need speeches. He loves making speeches. But I don't think he loves producing jobs. I mean, he hasn't produced the jobs. So I think people are tired of hearing his speeches.

VAN SUSTEREN: Well, he's been critical, though, of the gamesmanship on the other side of the aisle, and the Republicans likewise of him. The Republican GOP debate has been scheduled for some time. His request to the speaker just went in today.

TRUMP: Well, I think it's terrible. Look, they could have waited one night or they could have done it the night before. They could have done it during -- instead of vacationing, he could have done it. He could have done it at a lot of different times.

Frankly, he should have brought them back early instead of everybody relaxing over the summer. Our country's in trouble. We don't have jobs. Our jobs are being produced and really had in foreign countries, whether it's China, India, Mexico. And we should really be focused on that. They shouldn't have spent a nice leisurely summer. They should have been working on this.

And now, all of a sudden, they have this one little moment to give a speech and it happens to be the same time as the Republican debate. Look, both sides are playing games, and our country's in trouble. It should stop.

VAN SUSTEREN: Is this a campaign speech, which is what his critics would say, or is this something the American people really need to hear from him in primetime about his jobs?

TRUMP: Well, everything he does is a campaign speech. I mean, this is a campaign speech like so many other things. I think -- and I'm not knocking that. If he has the advantage, he's got the advantage of being the president. So when he speaks -- but everything he says seems to be really tailored to the campaign. We need less speech, more action.

VAN SUSTEREN: So what's the more action?

TRUMP: Well, you've got to stop foreign countries from taking our jobs. That's what it's all about. You've got to stop that. Number two, you've got to stop OPEC from raising the price of oil every single time our economy starts to get a little bit better. You know, our economy essentially can never be good because every time it gets better, OPEC raises the price of oil. I got a memo the other day, I said that on another show, which -- amazing that I do other shows, but I do other shows.

(CROSSTALK)

VAN SUSTEREN: ... a little bit we permit.

TRUMP: I actually said that on another show, and a friend wrote me a memo. He has a huge shipping company, one of the biggest in the world. He said, You're right. It's the first time I've ever heard it. You're right. Every time we hear good news about the economy, OPEC raises the price of oil, so it saps all of the energy out of us. And it's just terrible.

SO you have to handle OPEC, and it wouldn't even be tough. And you have to stop jobs from really essentially going to China because they make our products. They manipulate their currency. I mean, what they do to us is -- it's like they're dealing with children. They look at us, they look at our leaders as being children. They are dealing with children.

And you have to stop China. If you look at every country -- you know, even Japan. Somebody said, Oh, Japan, they have trouble. Sure, they have trouble. But for years, they've been making the cars. How many Chevrolets do you think are bought in Japan? I can tell you very few.

So you look at what these countries are doing to us, and the number one culprit, of course, is OPEC. But the real culprit in terms of manufacturing is China.

VAN SUSTEREN: In terms of our economic situation, which, of course, is devastating to many Americans, there's also the question of whether or not -- if we are in such a poor economic situation, whether or not we sort of lose our moral authority or our ability to have great world influence and we become a lesser country in that way in terms of influence. Is that an important issue or not?

TRUMP: I think it's an important issue. We are a lesser country. We're not respected. Our leader is certainly not a respected man, I think, throughout the world. We have a great military, but getting weaker all the time. We want to defund our military. Everybody talks about cutting military. We need our military more than we've ever needed it. You look at what's going on in the world today. We need the strongest military. Everybody wants to cut military. We shouldn't be cutting military, we should be making our military even stronger.

But we've got to spend money on rebuilding our country. We can't continue with Afghanistan, building the bridge...

VAN SUSTEREN: Got a stimulus program? I mean, it sounds like you -- I mean, it sounds like a stimulus program.

TRUMP: We have to rebuild our country. We have to stop rebuilding Iraq, which the day we leave, Iran is going to take over because we're not smart enough to figure out what to do. And I've said it from the beginning. In Iraq, they have the largest oil fields in the world except for Saudi Arabia, OK? We should reimburse ourselves. We should take it!

VAN SUSTEREN: Why didn't we?

TRUMP: Because we don't have intelligent leadership. It's very simple.

VAN SUSTEREN: But we've had -- we had President Bush, who was Republican. We have President Obama, who's a Democrat. Nobody's suggested that we -- you know, we get reimbursed.

TRUMP: You know, it's sort of interesting. When we first went into Iraq, smart people said, Oh, it's for the oil. It's for the oil. It wasn't for the oil. It's amazing. It wasn't for the oil.

The fact is, they have the second largest oil reserves in the world, and these people are going to make a fortune! And you know who's going to make it? Iran, because we've totally knocked out their armies, the Iraqi armies, totally just wiped them out. So there's no more army. So Iran, after hundreds of years of going back and forth, fighting back and forth, equal nations -- they're going to walk in the day we leave, they take over the oil reserves. And I hope you play this back in two years or three years because I will tell you, I never hear it from anyone else.

VAN SUSTEREN: Where is this oil now? I mean, I don't see a lot of money flowing into Iraq from their own oil.

TRUMP: Because they don't know how to take it themselves. I mean, they don't even know how to take it themselves. Look, the minute we leave, that whole thing's going to fall apart.

VAN SUSTEREN: So are you suggesting...

TRUMP: But Iran will take it.

VAN SUSTEREN: Leave now, or wait, or what would you do?

TRUMP: Well, I would take the oil, personally, but of course, some people think that's a very radical solution. Somebody said, Oh, that's a sovereign country. Wouldn't that be a terrible thing? What's a sovereign country?

Look, we spent $1.3 trillion in Iraq. We should at least reimburse ourselves. I would say much more than that, but somebody else would be more modest. We get nothing. What do we get out of it? Tell you what we get out of it. Iran will take over the minute we leave. As sure as you're standing there, Iran will take over the Iraqi oil fields and Iraq as soon as we leave.

VAN SUSTEREN: What would you do about Iran?