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Investment guru Carl Icahn tweeted Monday morning that Trump's inauguration speech was "brilliant" and left "no doubt our dangerous slide towards socialism is over."

Icahn, a veteran of Wall Street who founded his own securities firm, seems to be referring to the past eight years under Barack Obama, a time when the government mandated health care coverage for all Americans and also put in place many reforms for Wall Street and big banks, CNN Money reported.

Trump last month named Icahn to be a special adviser on issues regarding regulatory reform.

Icahn, an early Trump supporter, is estimated to worth more than $16 billion. Trump in a statement said the 80-year-old Icahn, one of the nation's leading investors, is "not only a brilliant negotiator, but also someone who is innately able to predict the future, especially having to do with finances and economies."

During his campaign, Trump repeatedly vowed to cut back on the number of government regulations on American business owners. Icahn said in a statement American businesses "have been crippled" by regulations.

For sure, Trump will be a demanding leader who applies the best of his negotiating skills to push for U.S. growth, bestselling author David Horowitz told TheStreet.com.

Trump wont be an ideological purist like Republicans who support free trade but don't fight for fair trade, Horowitz said.

If you just say, well we're for free trade and we're not going to look at the deals that we make -- that's not a good idea, he said. We've had an anti-business president now for eight years who doesn't take a hard-nosed attitude towards these deals. Trump is going to get better deals for us, which is still free trade.

Horowitz's new book "The Big Agenda: President Trump's Plan to Save America," released just this week, reveals Trump's "first 100 days strategy" to roll back Obama's legislative and executive record.

Horowitz's new book is the first book about the Trump presidency and has soared to the top of the Amazon bestseller charts, becoming the No.1-selling book on the web. Trump will also lead the way in making infrastructure spending to boost the U.S. economy, Horowitz said.

If the economy grows as it will under Trump, there's going to be a lot more money to spend, he said.

"Big Agenda: President Trump's Plan to Save America" is available at bookstores everywhere or get your copy on Amazon Click Here Now

(Newsmax wire services, AP, Reuters and Bloomberg news contributed to this report).

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Carl Icahn Declares End to 'Socialism' in US - Newsmax