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Boston Properties Chairman Mort Zuckerman on Obama’s comments on the Supreme Court, the Administration’s handling of Iran’s nuclear program and ...
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Us now Mort Zuckerman the chairman Boston properties and one of my favorite of political and economic bankers in the country great to have you here.
Well let let's well let's risk sullying you were bitten and given to the -- administrations.
Obvious contest with the with the judiciary.
And we heard the news represented of the Center for American Progress saying obviously the president and say that.
All we can do is believe our lying on -- -- here I mean this is extraordinary is a defense that reality did not -- Right this is.
I mean is it you know.
It's like somebody lies to to try and comparable crime you know it's always that this story that often gets -- and even more trouble which is exactly what happened here look.
We have something called the separation of powers in the US government okay Supreme Court has its own independent role and independent power base.
It is outrageous for the present who knows this to have attacked the Supreme Court why because he's afraid.
That they're going to defeat.
This this signature piece of legislation.
Which he had in his administration which by the way was incredibly unpopular he says that with that do the -- or later the majority with one vote.
I'm now I don't know why don't think that one vote in the senate price previously been a Republican who for whatever rate was converted to -- you can imagine what kind of flesh shall we say blender shipments went into getting that that I'll vote.
So it's just it's just it's it just a part of the whole process of where everything gets politicized meanwhile we're talking about having a critical issue to all Americans say it is about the control and the future of a sixth of the -- me right which remains either with or without obamacare.
Literally out of control.
And that's exactly the issue that the public really -- in when this deal with -- Because the public 80% 82% to be exact in a poll that I read at that time wanted the government to get health care costs under control.
Not to focus on expanding the coverage of healthcare.
By the way the cost of that have already.
Added two trillion dollars -- -- deficit twice the amount estimated by the government and we have not done anything to get health care costs under control Congressional Budget Office putting -- number one point seven.
And nine trillion dollars instead of around 900 write a billion that he would set and the Senate Budget Committee now puts the number two point six trillion.
It is it is -- -- astonishing to watch.
The -- that the failure to project accurately or via effort to.
Intentionally and completely utterly deceive the American people.
I I think this is really -- want something that is really just outrageous that has gone on AI thought the healthcare bill was outrageous at the time.
Simply because they didn't respond to what the real issue with -- health care and -- to then go after the Supreme Court when it looks like after the argument has taken place in the court.
That he's gonna lose it it's just it's just beyond anything.
And and the fact is a number of liberal left -- columnist.
Are now attacking the Supreme Court we're hearing this resonate echo through.
The left in this country this is and this is early days.
Hi this looks to be a strategy on the part of this present.
The key I don't know this is all political -- you know they're trying to discredit whatever the Supreme Court may do because they're afraid -- the Supreme Court throws out this piece of legislation.
It will have very negative politically and an impact on the president and the in the in the year in which he's running for reelection.
Running for reelection Muslim brotherhood of the White House -- Egyptian missiles striking Israel.
-- the -- -- -- question very much moving to the forefront of foreign policy.
Issues for this administration for the country.
Before the Middle East are your thoughts.
Well I think look we we have a huge problem with Iran it's not going away.
The only way to -- gotten Iran too shall we think curtail it's nuclear programs to have a credible.
Back up to the sanctions program that credible bankrupt if the threat that there would be military power that would be used to prevent.
Iran that sanction.
A policy was left standing by itself that military threat that makes it effective.
With just removed by the president so we're in a very very difficult situation I'll be amazed at the Israelis don't do something about it.
The economy right now.
-- -- rather crude oil market is being held hostage to the Iranian situation in the minds of many.
Observers the fact is demand for gasoline this country at a fifteen year low.
Supplies at an all time high.
And we're witnessing the growth of exports on -- whimsy in fixed decade's -- from this country.
What in the world.
Can be done right now to deal with these runaway energy prices I don't know the answer to that to be honest with you we obviously -- gonna have to continue the development in this country.
Of all -- activities that we have particularly to produce dramatic increase in natural gas.
Which has come -- this fracking process which is enabled us to reduce our energy imports from 60% of what we needed down to 45%.
This is a trend that have to be continued we have to support that as much as we count.
There may be some difficulties in getting fracking -- but it is actually critical to the independent to this country from the pressure.
That we have from for an engine and energy -- country.
Went -- to -- you very well.
