@thediaryoface You do a fantastic job with your guests and content. Having said that, I couldn’t stand Nick Hanauer or Cenk Uygur, both raging Socialists (who claimed they weren’t) and Hanauer expressing admiration for the non-Socialist Mamdani.🤣 Uygur is a total racist & Hanauer with Seattl
@StevenBartlett As usual Steven, your podcast was great to stimulate thought but I thought Nick ultimately was terrible. Amongst other things, suggesting Mamdani isn’t a socialist is farcical. Unfortunately, the harm to NYC is off the charts (as is Seattle). His arguments are shallow.
@HalfwayPost@joerogan I thoroughly enjoy your podcasts but Scott Horton was really naive & simple. China not a threat? Don’t worry about Taiwan, just build U.S. plants? Years, billions and billions! Iran gov had no issue with executing over 40,000 of its citizens. They fund 90+% of global terror.
This man makes an EXCELLENT point, and it’s a warning about Democrats like Zohran Mamdani
“With Nicolas Maduro falling is a good time to remind people that Venezuela became a heavily socialist country with Hugo Chávez in 1999. And a lot of people forget that when Hugo Chávez came into power, Hollywood movie stars and left-wing liberals like were just drooling over themselves about how great this was going to be, how Venezuela was going to show the world a way forward with socialism.
I mean, Sean Penn, Danny Glover, Kevin Spacey, you name it, Oliver Stone, Jesse Jackson, Jimmy Carter our old president, Susan Sarandon, just name after name was just drooling over Hugo Chávez and how great he was going to transform the world.
And yeah, he turned Venezuela into a shithole and Maduro just took what he handed him and continued that process times 10.
And so the Venezuelans even got to the point where they were eating their pets and like a third of them had to run away from their country just to find food. To put that into perspective, guys, that would be over 100 million people in America running away from America just to find something to eat. That’s how badly their country got screwed by socialism.
And all these famous people drooling over him. Does that sound familiar at all?
Does it kind of sound like Zohran Mamdani in New York? Yeah, it should, because the same thing is happening. Now, Zohran Mamdani, fortunately, doesn’t have a whole country to screw over. He just has a city, and
I’m kind of willing to let it burn because if they’re not gonna learn their lesson, they kind of get what they deserve”
Who Will Build NYC if Builders Are the Enemy?
As a New Yorker Jew, I'm surrounded by people who have been in real estate their entire lives. I am not trying to feed a stereotype, but that's my reality. They aren't activists or online commentators. They are people who bought their first buildings with all their savings, carried debt through rate hikes, fixed things themselves when there was no money to hire, and stayed in New York through high crime, recessions, 2008, COVID, rising taxes, insurance increases, and an ever-expanding book of laws and codes. None of them were promised fairness before they started, and none of them were protected from risk. They succeeded very slowly, and painfully, but with responsibly.
That experience is exactly what is missing from the worldview of Zohran Mamdani, and it shows in every part of his housing agenda. Mamdani has never built anything. He never signed a personal guarantee, never met payroll, never carried a mortgage through a rough month, never had to choose between fixing a boiler now or hoping it survives another winter because there is no cash. He has only operated in a political world where consequences are abstract and other people absorb the risk. When you have never operated in the real economy, it becomes easy to believe that shortcuts are solutions.
It is also why his message resonates with a certain type of voter. The people demanding “housing reforms” are not bad people. They are frustrated renters who feel like the system is rigged against them. I understand the frustration. But frustration doesn't change math. Housing is hard. Ownership is a very slow process. Building anything meaningful in this city takes years of stress, and debt. The people calling for "landlord policies" often want the outcome without the grind, the stability without the risk, and the reward without the years of sweating that every responsible adult who succeeded here had to endure. But it does not work like that.
NYC is in housing crisis. Citywide vacancy sits around 1.4 percent, a level economists consider an emergency. Median rents keep rising anyway, with Manhattan near $4,800 and Brooklyn around $3,800, even under an already thick layer of regulation. The reason is obvious. Supply has not kept up. In a good year, New York adds roughly 30,000 units. The city needs hundreds of thousands more over the next decade just to stabilize prices. At the same time, construction costs here are among the highest in the country, financing is extremely difficult, and insurance is wildly expensive
Mamdani’s proposals take that fragile situation and make it worse. When you cap upside while leaving downside unlimited, rational people stop participating. Developers do not argue on X. Lenders do not protest. They simply reallocate. Projects stop coming up. Renovations are postponed. New construction dies before a shovel hits the ground. The people I know in real estate are not angry. They are disengaging. Some are buying elsewhere. Some are sitting on cash. Some are done entirely. And when that happens, tenants do not win. Buildings deteriorate, supply tightens further, and rents rise anyway.
What Mamdani offers is emotional satisfaction, not solutions. He tells voters that prices are high because someone else is greedy, not because the city has spent decades making housing harder and almost impossible to build. He frames landlords as villains instead of participants in an ecosystem that only works when incentives align. That framing feels good, but it does not produce housing. It produces resentment, fear, and withdrawal.
Everyone I know who made it in this city did it the same way. Slowly, without shortcuts. Policies written by people who never did that do not create fairness or affordability. They create shortages. NYC doesn't have a landlord problem. It has a confidence problem. And a city that teaches people to hate the builders while demanding more building is a city sabotaging its own future.
@BernieSanders Hey Bernie, turn your attention to Minnesota and Indiana for starters. There are a lot of fraudulent funds that could be used for legitimate healthcare, cost of living, education, etc…
@DavidShoebridge What a phony you and the Greens are. The suffering of the Venezuelan people under a brutal and illegitimate socialist regime has caused untold suffering and a horrible refugee crisis. I guess there aren’t any votes for the Greens on this one.
@CNBCFastMoney@timseymour@CourtneyDoming@grassosteve@GuyAdami While I’m a big fan of your program, I’m really disappointed in how aggressive Melissa Lee is with guests whom don’t have a left wing bias. I thought the way she treated Steve Grassi earlier this year was incredibly disrespectful, and I’m an independent. And Dan Nathan.. 👎
@SimonBanksHB@JoshFrydenberg Simon Banks, you are truly a horrible human being. The man spoke from his heart in what should have connected on a bipartisan basis. Do you have to have security for your children?
@lesstenny Maybe you should put some energy into all the issues we have here. Insane levels of unchecked crime in Victoria, unaffordable housing, negative per capita GDP, homelessness… just to get you started.
@TimothyDSnyder Seriously?🤣🤣🤣🤣. Your guy is an utter fraud and won’t deliver on any of his promises. And then true to the left wing extremist playbook, he’ll blame it on the right for everything he FAILS to deliver in spite of the left controlling all of NY. Always the victims.
@Peter_Fitz NY & NYC, very similarly to us in OZ where the far left government controls everything, has no excuse for not keeping every one of its promises.
@PaulBongiorno Have a good look at the campaign run by Chavez in Venezuela in 1998. He destroyed that beautiful country very quickly. Your intellect is clearly feeble.
@BernieSanders I think you are probably a genuinely well intentioned guy but wow are you wrong, and it’s incredible you haven’t learned from history with the devastating consequences to EVERYONE’S standard of living under socialism & communism and the associated corruption, crime, gangs, etc..