During a June 18 appearance on CNBC’s Squawk Box , Steven Roth , New York real estate kingpin and the chairman and CEO of Vornado Realty Trust, suggested that a President Barack Obama could lead the United States out of its economic imbroglio. “President Obama comes in, O.K.—that’s not a political prediction by the way, this is just a fantasy—and somehow or other, he does what he says he was going to do. He gets us out of the war,” began Mr. Roth in his heavily inflected New Yorkese. In Mr. Roth’s imagined course of events—related to a deeply skeptical roundtable of pundits—the future president would use the billions of dollars that aren’t wasted overseas, coupled with increased tax revenues, to pay down the deficit. read more » ...
Anytime
