On Mamdani's anti-American speech: Charlie Kirk used to say "We may not have agreement but we have clarity." Now we know what Mamdani stands for. He wants to tear down the USA. This is what Trump is talking about. This is the rise of actual communism.
Zohran just said "Socialists just solved years of Capitalist mismanagement"
The State of New York just gave his administration an $8B bailout and he deferred pension payments.
This is bold face lying.
Economist Thomas Sowell was once a Marxist, but now he advocates for free markets.
"What was your wake-up to what was wrong with [Marxism]?" @RubinReport asked him.
"Facts," Sowell replies.
Here’s why I admire Sowell:
Nothing screams TRUE SOCIALIST like:
-A millionaire who owns 3 homes
-Arriving in a huge SUV
-To his private jet
-To fly out and give a paid speech
-On the evils of capitalism and fossil fuels
Am I right?
Imagine your family worked for a generation to save enough money to buy a brownstone occupied with rent stabilized tenants on the Upper West Side. The family financed the purchase with a mortgage from a bank based on the premise that rents and cash flow would at least keep pace with inflation so you could pay interest and principal on the mortgage and hopefully have some cash flow left as a return on your investment.
While you had rent stabilized tenants, you were led to believe that the NYC Rent Guidelines Board would be required to adjudicate rental increases each year by taking a measure of the inflation of costs to own and operate a building and setting rental increases appropriately.
You believed the RGB would do its job as the board is comprised of two representatives each for landlords and tenants and five independent representatives that represent the general public.
Now, a new mayor @NYCMayor Mamdani is elected on the promise of freezing rents. There are about two million rent stabilized renters that benefit if rents are frozen so by promising frozen rents the new candidate for mayor buys votes and wins the election.
The new mayor achieves his objective by stacking the RGB with directors who do not follow their obligations and simply vote for a rent freeze as a preordained conclusion as evidenced by the statements of an RGB director who resigned in protest for this very reason.
Meanwhile, inflation in NYC is rampant in utilities, real estate taxes, insurance, repairs and maintenance, etc. and now your rents are frozen. Real estate is a high operating leverage business which means that frozen rents and inflating expenses will cause property cash flows to plummet and your after debt service cash flow to go negative.
I expect therefore there will be hundreds if not thousands of small NYC property owners who are now or will shortly be underwater on their mortgages, and without any cash flow to maintain their assets.
If you remember the images of the South Bronx burning in the mid 1970s, you can viscerally understand what is happening to small NYC real estate owners.
While the rent freeze appears to be short-term good news (long term it will lead to poorly maintained apartments) for 2 million NYC renters, it is bad news for the 2 million or more renters in the 1 million market rate apartments in the City because a landlord-hostile market is not likely to add meaningfully more supply and market rents will likely continue to escalate at a high rate.
All of this seems quite unfair and wrong unless I missing something?
Why am I wrong?
For disclosure: I do not own any NYC rental apartments.
There are no words that can describe the extent to which I loathe this cancerous parasite, @BernieSanders. He has achieved nothing in his entire career whereby he has relied on the taxpayers to fund his utopian delusional revolution.
Eric Trump just flipped the script on Chris Cuomo live on-air, leaving him shocked.
Cuomo accused President Trump of going after his political opponents the moment he took office…
Eric sounded off:
“Did we, did we try and bankrupt Biden? Did we raid Biden's home? Did we try and bankrupt Biden?”
“Did we weaponize every AG and DA against Biden? Do we do that against Hunter Biden who had a laptop from hell, pictures of cocaine, illicit drug use, prostitution?”
“Did we make up a dirty dossier? About Biden, did they try and destroy Biden's marriage? Did we make up stories that Biden had secret servers in the basement of his home communicating with the Kremlin in Russia?”
“Did we strip Biden off the ballot of multiple states? Did we take Biden off of Twitter and Instagram and Facebook and try and silence his voice so he couldn't communicate?”
“Did we put Biden in a courtroom every single day for nonsense to try and keep him off of a campaign trail to try and destroy his life?”
Well done @MrPoolQ1
Here is what we know: U.S. taxpayer money, funneled through USAID and NIH, funded gain-of-function research at the Wuhan Institute of Virology. That research likely caused the COVID pandemic that killed millions and cost trillions.
Dr. Fauci personally signed off on these experiments, then lied to Congress about it. Biden tried to protect him with a last-minute pardon. That’s the very definition of a cover-up.
BREAKING: The three major U.S. broadcast networks, ABC, CBS, and NBC, have yet to report on DNI Tulsi Gabbard’s recent declassification regarding Anthony Fauci’s cover-up of the COVID-19 pandemic.
So Tulsi released even more definitive evidence that Dr. Fauci funded gain of function research in Chinese labs with our tax dollars, which helped create covid, & then when covid leaked from a Chinese lab he created a vast conspiracy to cover up what he did & attack anyone who pointed it out.
I am a lifelong Democrat who served in the Clinton administration and as a United Nations Human Rights Officer in Cambodia.
As a New Yorker, let me say this loud and clear:
Zohran Mamdani is an extreme bigot who is cynically stoking hostility toward New York’s Jewish community for political gain.
His words and actions are aggressively inciting violence and will lead directly to unnecessary deaths.
Yesterday was my final day as Director of National Intelligence. I declassified and released never-before-seen documents exposing the truth about Fauci directing millions of US taxpayer dollars to fund dangerous gain-of-function research at the Wuhan lab, worked with the Intelligence Community to suppress the truth about his actions and hide the virus’ lab-leak origins, and lied to Congress while under oath in 2024. It’s time you know the truth. Go to https://t.co/tVwWp0TxZ4 to see for yourself.
Biden's pardon of Fauci is unconstitutionally vague, covers 10 years of potential crimes, and was signed by autopen without Biden's direct authorization. You can't pardon someone for crimes never specified. This should be challenged in court.
https://t.co/ufMIdJYLr9
The woke policies that Obama ushered in as president were on full display at his foundation’s grand opening… along with some revisionist history.
The day started with a performative land acknowledgement… If you really believe it’s “stolen land,” why build a massive monument on it instead of giving it back?
And it ended with the media celebrating him as a unifier.
This is the same president who:
• Forced nuns to provide contraception under Obamacare
• Oversaw the IRS targeting conservative groups
• Pressured Christian businesses to fund employees’ abortions
• Went on multiple apology tours abroad
• Mocked everyday Americans as “bitter clingers” to guns and religion
Obama helped turn the Democratic Party into one that’s no longer proud to be American and sowed division in the entire nation.
🚨 HOLY CRAP! DNI Tulsi Gabbard has shocked the deep state by on her last day in office releasing bombshell files that Dr. Fauci used TAX DOLLARS to fund the WUHAN LAB responsible for COVID and millions of deaths
And he purposefully covered it up.
HE LIED TO CONGRESS! Fauci deserves charges!
Tulsi is a patriot 🇺🇸
“Dr. Fauci provided millions in US taxpayer dollars to fund dangerous gain-of-function research at the Wuhan lab, worked with politicized elements within the Intelligence Community to suppress the truth about his actions and hide the virus’ lab-leak origins, and lied to Congress while under oath in 2024. It’s time you know the truth.”
“Dr. Fauci was the behind-the-scenes advisor who, alongside his hand-picked so-called experts, pushed the intelligence community to endorse a natural animal origin to hide his dangerous gain of function research that he funded using taxpayer dollars.”
“All of this in a deliberate attempt to cover up the truth and shift the blame and attention away from Fauci's own actions.”
“The tactics that were used to hide the truth are straight from the Deep State playbook. Politicized self-serving leaders, like Dr. Fauci, covered up their own wrongdoing and abuses of power, manipulated intelligence, lied to Congress, and undermined a duly elected president by restricting his access to the vital facts he needed to keep the country safe.”
53 Years of pain suffering & heartbreak and a guy who ain’t even from here steals the spotlight in 8 minutes & 19 seconds.
8 minutes, 19 seconds.
The mayor spoke longer than Brunson, longer than the coach, longer than the owner, and longer than Alicia Keys performed.
At a Knicks championship parade.
The parade was supposed to be about the Knicks.
Mayor Mamdani has the resources for a Knicks parade which they deserve but he doesn’t have the resources for New Yorker’s to celebrate July 4th…make it make sense. This is my country and I’ve been celebrating July 4th since I was a baby. No mayor has ever stopped a 4th of July celebration. Very insulting and disrespectful of the NYC mayor!