Swedish Meatball retweetledi
Swedish Meatball
13.1K posts


Wonder what @BarackObama and @SpanbergerForVA are thinking at the moment. They sure burned up a lot of political capital in the Va remap campaign.
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More than 12,000 people gave up their asylum claims or voluntarily departed the U.S. as ICE moved to cut cases short by sending asylum-seekers to third countries, a CBS News analysis found. cbsn.ws/4dyfves
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I am the Chairman and CEO of Vornado Realty Trust. Eighty-four years old. Seven buildings in Midtown Manhattan. I said what I said.
I said "tax the rich" is the equivalent of a racial slur. I said it at REBNY. Into the microphone. Eight hundred people. Median net worth in that room was north of $240 million, I know because our CFO ran the guest list through a Bloomberg terminal as a joke, and then it wasn't a joke. And when I said it, twelve people applauded. The rest nodded. One woman in the third row mouthed, "Finally." I saw her.
Sharon, my communications advisor, Columbia, $430,000 a year, very bright, Sharon wants me to walk it back. She drafted something. "Mr. Roth's comments were intended to highlight the emotional impact of political rhetoric on business communities." I read it. I put it in the trash can on my desk. Not the recycling. The trash. Here's my clarification: I understated it.
"Tax the rich" is worse than a slur. A slur is just a word. It doesn't come with a CBO score. Nobody is introducing a bill called the Racial Slur Implementation Act of 2026. But there are seventeen active proposals in Congress, I had Sharon count them, seventeen proposals designed to take more of my money. My money. Mine. Money I acquired by being better at acquiring Manhattan commercial real estate than anyone alive for four consecutive decades. That is not a crime. That is a record.
I pay property taxes on $18.2 billion in assessed assets. $412 million a year. Say it again: four hundred and twelve million. I carry that number. It's the first thing I think about when I see a protest sign. I think: I pay more in property tax than the entire annual budget of the city of Fort Lauderdale. I looked this up. Fort Lauderdale: $408 million. Steve Roth: $412 million. I am a small city. And the city doesn't get screamed at.
My effective tax rate last year was 11.4 percent. I say this because I believe in transparency and because I'm not ashamed of it. The rate reflects the legal structure of real estate investment trusts, depreciation schedules Congress established in 1986, and carried interest provisions that both parties have voted to preserve for forty years. I did not write these laws. I organized my entire financial existence around them with the help of nine full-time tax professionals who have offices on the 38th floor of 888 Seventh Avenue, which I also own. Their office is in my building. Their work protects my buildings. This is not a loophole. Sharon calls it a loophole. I've told her: a structure maintained by nine attorneys across four decades is not a loophole. A loophole is something you slip through once. This is architecture. This is the foundation. This is the building.
Last Tuesday, same as every Tuesday, I walked past 1290 Sixth Avenue. My building. And there was a man. Same man as last week. Same sign: "Billionaires Pay Your Fair Share." He was standing on my sidewalk. My literal sidewalk — my company owns the ground lease. He was maybe thirty. He was wearing a jacket I would estimate cost $60. My lunch that day was $114. For one. I am telling you this not to boast but because these are facts. He has decided I'm his enemy. Based on a number he saw on a Forbes list. He doesn't know what I pay. He doesn't know what my buildings cost this city in construction jobs and lease revenue and foot traffic. He knows one number. He has made one judgment.
I see him every Tuesday. I've started to notice things. He brings coffee from the cart, not the Starbucks. He has a backpack that looks heavy. He doesn't look unhealthy. He looks like he probably works somewhere, but not on Tuesdays. I've wondered: does he have a job? Does he have a building? Does he have anything that depends on him the way 4,200 employees depend on me? I suspect not. And yet he has opinions about my tax rate.
I gave $22 million to charity last year. The Met. NYU Langone. Mount Sinai. I gave a building to NYU. Not money for a building — a building. The Steven Roth Residence Hall. It houses 400 students. That man with the sign has never housed 400 students. He hasn't housed one. He gives cardboard. I give structures. This is not a comparison I'm making to flatter myself. It's just arithmetic.
When I said what I said at REBNY, I was saying what every person in that room believes and none of them will say publicly because they have communications advisors and the communications advisors all went to Columbia and they all say "unhelpful." I'm eighty-four. I'm too old for helpful. I'm too old to perform restraint for people who hate me for something I can't change.
I didn't choose to be rich. I chose to be good at one thing for a very long time, and this is what happened. You don't punish someone for that. You don't legislate against someone for that.
My net worth fluctuates between $3.8 and $4.1 billion depending on the quarter. I fluctuate more in a fiscal week than that man on my sidewalk will earn in his life. Both of these are facts. Only one of them is considered polite to say.
They want me to apologize.
I'll be dead in ten years. Twenty if I'm lucky. And they'll still be renting my buildings.
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Wow, @MattMahanSJ tied for second place among Democrats. As more voters get to know Matt, they like him. He’s one of the only candidates with a positive net favorability rating and the ONLY candidate with a real proven track record of solving problems with common sense solutions.

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Immigrants are giving up their claims for humanitarian protection and opting to depart the U.S. in exponentially higher numbers under the Trump administration, according to court data obtained by the Vera Institute of Justice and shared with The Post. wapo.st/4wmKDVS
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I appreciate the push to get people to eat healthier, and I don’t mind using SNAP as a lever. But it’s not as simple as many privileged people think/ say. If you live in a grocery desert and all you have is a convenience store or a Dollar General, it’s not so simple to EAT REAL FOOD. 🤷🏽♂️
HHS Rapid Response@HHSResponse
The new rules for SNAP are simple: EAT REAL FOOD.
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There's no such thing as a moderate Democrat. There are only Republicans and lunatic Democrats. If you're not willing to fully embrace crazy, you can't be a Democrat.
RNC Research@RNCResearch
Maryland Governor Wes Moore says he would let his son go through gender mutilation as a minor if he wanted to. DAVID: “Would you advise him to wait until he’s 18?” MOORE: “I’m not going to advise him on something that he feels…”
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@theblaze A dad who loves his son would lead and tell him the truth. He’s a boy no matter what his government school teacher says.
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With gas prices climbing past $6.20 per gallon in the Los Angeles area, more commuters are leaving their cars behind and turning to Metrolink and other mass transit for their daily trips.
Metrolink officials say they saw ridership rise almost immediately as fuel costs surged.
How are you commuting to work? abc7.la/LPh1ZY

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Swedish Meatball retweetledi

False. Just 15% of CA primary energy consumption comes from ‘renewables.’ More than 75% of CA energy consumption is from oil and gas — that’s higher than the national rate.
It is true that CA has embraced anti-hydrocarbon policies. The result?
CA has the highest electricity rates in the continental U.S., the highest gas prices, and the highest adjusted poverty rate in America.
I wouldn’t be bragging if that was my state.
Governor Newsom Press Office@GovPressOffice
California is now powered by 67% clean energy. Enjoy your asthma and black lung, Oil Shill Chris.
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