In an interview on Fox News, potential Republican presidential candidate Donald Trump outlined his Iraq strategy to Bill O'Reilly.

"In the old days when you had wars, you win, right?" Trump began. "You win. To the victor belonged the spoils. So when we go to Iraq, we spend $1.4 trillion so far and thousands of lives are lost, right? ... And we're going to leave and 15 minutes after we leave, Iran is going to go into Iraq."

Having laid out the problem to his own satisfaction, Trump then proposed a solution: "You stay and protect the oil and you take the oil and you take whatever is necessary for them and you take what's necessary for us and we pay our self back $1.5 trillion or more. We take care of Britain, we take care of other countries that helped us and we don't be so stupid."

"You look at wars over the years," Trump concluded. "A country goes in, they conquer and they stay. We go in, we conquer and then we leave. And we hand it to people that we don't even know. Now, who are the people that are going to be running Iraq? The person that hates the United States the most will be running Iraq. So, in a nutshell, we go in, we take over the second largest oil fields and we stay."

Watch this video, uploaded by Fox News on April 1, 2011.