🎥 “Who else is leading a cause that we will glorify in retrospect, but is being vilified in the present?”
Speaking at the Nelson Mandela Foundation’s Global Leadership Forum, New York City Mayor Zohran Mamdani drew a direct line from Mandela’s refusal to abandon the Palestinian cause to the fight for global solidarity and Palestinian freedom today.
Recalling how Mandela was branded a terrorist and pressured to renounce his principles, Mamdani asked: “Who are we treating today the way Madiba was treated before history declared him a messiah?”
Citing Omar El Akkad’s book on the genocide in Gaza, “One Day, Everyone Will Have Always Been Against This,” Mamdani said “justice is not measured by where we stand after history has issued its verdict. It is measured by where we stand when the verdict is still being rendered.”
“Why must Doctor Hussam Abu Safiya wait more than 18 months for freedom in Israeli detention,” he asked, “after the world watched him be kidnapped as he left his hospital?”
“Why must we wait to practice solidarity until it no longer costs us anything?”
@NYCMayor | @cspan (Full speech available at the link below)
This image is from today. A Black woman sits on the DC metro as masked white nationalists prepare to march on our nation's capital.
This is America's 250th anniversary. REUTERS/Cheney Orr
Mamdani: The powerful have always known their answer. America, in their view, is an arena of supremacy, where only a select few are allowed freedom, where not all are created equal. America, if you ask them, becomes less the more people it welcomes. America, they will tell you, belongs only to those with the right accent or the right shade of skin. The rest of us, they insist, should be grateful for merely being allowed to visit.
How small they are, how weak, how unoriginal.
At every moment in our past, those who led through exclusion and isolation have tried to win power and enrich themselves by turning us against one another. Division is the oldest trick in politics, and the cheapest. But time and again-including 250 years ago-those forces of division have been vanquished by the forces of progress.
And yet today, too many of our leaders do not believe in a vision of this nation as an asylum for the persecuted-but rather as one that persecutes those seeking asylum.
As we mark 250 years, what do we see?
We see a city of contradictions within a nation of contradictions. We see the wealthiest country in the history of the world— one where children go to sleep hungry while the world's first trillionaire hungers for more. We see monopolies that dominate every industry and oligarchs who buy elections. We see masked agents terrorizing our streets, eating food cooked by our undocumented neighbors before spiriting them away in unmarked vans. We see a nation whose immense wealth has been built by those with calloused, dirt-streaked hands —those who toil on factory floors and chisel into stone —and we see a nation that has allowed so much of that wealth to be held instead in the soft hands of a precious few.
There are a lot of billionaires on this app who are obviously quite adept at making money, yet pretend they don't understand finance when it comes to the topic of a wealth tax.
It's impossible! It's too complicated! We'd love to do it but it's unworkable!
This is silly. Our financial industry has figured out how to turn the most abstract concepts into concrete financial products that can be traded in markets. We can obviously do this.
Let's say we have an annual 1% wealth tax. It could easily work like this:
Your shares in SpaceX or whatever are locked up and illiquid? Fine, just pay with 1% of those shares. No need to sell. You can easily create a financial product that is tied to those shares. Billionaires say they are afraid that they will have to pay a wealth tax assets and then their asset prices will go down, and they'll have paid a tax on wealth they no longer have. Fair enough! Just pay the tax with the shares themselves. If the price goes down, the government eats it, and you're no worse off.
What about an asset like a Picasso? Easy. You create a derivative product that is worth 1% of your Picasso when it is eventually sold. Before it's sold, the government can sell that product into a market and exchange it for cash, or hold it. What the govt would obviously do is create Billionaire Asset Backed Securities and sell them as financial products just like we do with mortgage-backed securities or any other asset-backed securities. Derivatives are not new.
The current problem we have is that billionaires own way too many assets in terms of homes and everything else. Because those assets themselves produce new income, they have to then buy more assets with that new income, which increases their price and endlessly crowds out the ability of normal people to own anything ever. That's why they tell you you will own nothing and be happy. They're certain of the former, don't care about the latter.
If regular people are ever going to get back into owning homes or other assets, billionaires cannot continue hording them all.
Quite obviously, a wealth tax is quite workable. The problem is billionaires just don't like it.
Sorry to break it to you kid, it's because of you. The moment you step away, everyone will put their phones down and immediately start having a subway party. You have rancid vibes and everyone senses it
I’ll say it until I’m blue in the face, taxpayers should not have to kick in a dime on these stadium projects. If you can’t afford to build one as an owner, maybe you shouldn’t own the team.
Dems' reactions to Platner making it transparently clear that "Vote Blue No Matter Who" was always just a way to make leftists to shut up and vote for centrists, not an actual principle
John Mearsheimer: "It's not just Israeli leaders who support the genocide. You don't see any protest among the Israeli public. It's shocking. It's sickening. You have to file all this under the Nazification of Israel. They are like the Germans under Hitler."
The first 18 pages the age is listed as 0
The first 18 pages the age is listed as 0
The first 18 pages the age is listed as 0
The first 18 pages the age is listed as 0
The first 18 pages the age is listed as 0
The first 18 pages the age is listed as 0