When voting, remember, first, that socialism is CATEGORICALLY antithetical to everything America and our constitution stands for, and second, the “democratic” in front of socialism is nothing more than a Trojan Horse.
I don’t think people realize what Elon Musk is actually doing.
He’s not playing the game better than everyone else. He’s rewriting the rules of the game.
Every billionaire before him was offered the same deal: money for aura, silence for respectability. They all took it. He walked out.
I made a 4-minute video on the machine he’s fighting. Watch it before it gets buried.
On my way to the office this morning, I passed a group of young people protesting, a Palestinian flag draped over their shoulders.
And I asked myself a question I can't shake: why does this generation always fall into the same trap? No matter the history. No matter the context. Even the ones from wealthy families, who went to the best schools, who were dealt every good card. Always the same trap.
I don't think it's stupidity. I think it's a mechanism. And a mechanism can be taken apart, piece by piece.
A. The observation: everything the state touches becomes unaffordable.
Look at economist Mark Perry's famous chart, the one people call "the chart of the century." It tracks US prices since 2000.
At the top, what explodes: hospital services, college tuition, textbooks, childcare, housing. Increases of +100%, +150%, up to +250%, far above general inflation.
At the bottom, what collapses: TVs, software, phones, toys, clothing. A TV today costs a fraction of what it did in 2000, for an infinitely better product.
Look at what separates the two groups. It isn't technology. It isn't complexity. It's one variable: how much the state is involved.
At the top, sectors that are subsidized, regulated, shielded from competition, where the state funds demand and blocks supply. At the bottom, sectors where companies fight every single morning to serve you better and cheaper.
B. The mechanism: why it's systematic.
When the state subsidizes demand without freeing supply, prices rise. Every time. Guaranteed student loans, and universities raise tuition. Housing aid plus blocked building permits, and rents skyrocket. Administered healthcare, and bureaucracy eats the budget before it ever reaches the patient.
In France it's even more vicious, because the price doesn't disappear: it hides. You never see the hospital bill, you pay it through payroll contributions. You never see the cost of school, you pay it through taxes. Public spending at 57% of GDP, one of the heaviest tax burdens in the world, more than €3.4 trillion in debt. And the result? Overflowing ERs, falling PISA scores, young people who can't afford to live in the city where they work.
The market didn't fail in these sectors. It was never allowed in.
C. Suffering demands a culprit.
A 22-year-old lives all of this in their bones. They can't find a place to live. Their degree either buries them in debt or opens no doors. The future feels blocked. That suffering is real, and I don't deny it for a second.
But human beings can't stand suffering without a culprit. They need a face. A scapegoat.
And this is where everything is decided: who taught them how to read the world?
D. Whoever tells the story picks the villain.
Schools are public. Universities are public. Culture runs on grants. Film goes through funding committees. Public broadcasting shapes the narratives. The people handing down the interpretive framework are, overwhelmingly, paid by the very system that creates the problem.
Do you really think that system is going to name itself as the culprit?
No. It names the capitalist. The boss. The landlord. "The rich." The multinational. The commercial West. Same role, same casting, every time.
E. One lens, a thousand causes.
And this brings me back to that flag. A generation taught to read every situation through a single lens, oppressor on one side, rich, Western, capitalist, oppressed on the other, will apply that lens everywhere. To housing. To climate. To conflicts on the other side of the world. The cause changes, the lens stays. That's why the trap is always the same: it's not the cause that draws them in, it's the way of thinking that was installed in them.
F. The perfect inversion.
Here's the irony. Capitalism is the force that drove down the price of almost everything it touched. The state is the force that blew up the price of almost everything it captured. And young people blame the first for the crimes of the second.
It's like blaming the firefighter for the fire because you saw him at the scene.
G. The ballot box confirms it.
In the US, a few weeks out from the midterms, a large share of urban young voters is getting ready to vote Democrat for more state, more spending, more regulation. New York elected a self-described socialist mayor, carried by young voters, on promises of rent freezes and city-run grocery stores. Rent freezes, the policy that has made housing scarcer everywhere it's been tried. The cure that worsens the disease.
In France, it's the same play in two acts. Part of the youth votes for the radical left, which promises more state. Another part votes for the center, which promises to "manage" the state well, and has dug the debt deeper than ever. Two different ballots, one shared assumption: the problem is the market, the solution is the state.
H. The way out.
These young people aren't stupid. They're right to be angry. They're just aiming at the wrong target.
The day they understand that their rent, their tuition and their hospital are expensive precisely because the state runs them, their anger will change direction. They'll stop protesting against those who create. They'll start protesting against those who capture.
That day, the greatest intellectual scam of our time will be over.
Hola, soy palestino. 🇵🇸
Y como la honestidad es poco común en mi política, permítanme confesar algunas cosas.
1947. La ONU me ofreció un estado. Junto a Israel. Fronteras, independencia, reconocimiento. Dije que no. Mis líderes prometieron que la guerra "arrojaría a los judíos al mar". En cambio, lo perdí todo y lo llamaron catástrofe. No porque no me ofrecieran un estado, sino porque lo rechacé.
1948–2025. Los estados árabes podrían haberme integrado, dado derechos, pasaportes, dignidad. En cambio, me encerraron en campos de refugiados durante generaciones, para que siguiera siendo un arma contra Israel. Construyeron palacios para ellos y cárceles para mí. Me usaron como propaganda, no como personas.
1967. Tras otra guerra perdida, podría haber construido un estado en Cisjordania y Gaza. En cambio, insistí en "ni paz, ni reconocimiento, ni negociaciones". Tres noes. Cincuenta años después, sigo sin Estado. Resulta que el rechazo no paga el alquiler.
Oslo, década de 1990. Israel dijo: «Intentémoslo». Me dio autonomía. Armas para la policía. Miles de millones en ayuda. ¿Qué hicieron mis líderes? Robaron el dinero, armaron milicias y lanzaron una intifada. Atentados suicidas en lugar de escuelas. Cohetes en lugar de fábricas.
Gaza, 2005. Israel se fue por completo. Sin colonos, sin soldados. Tuve la oportunidad de convertir Gaza en un Singapur mediterráneo. Voté por Hamás. La convirtieron en Mogadiscio junto al mar. ¿Miles de millones en ayuda? Túneles, cohetes y palacios para sus líderes, mientras mi gente come comida enlatada en la oscuridad.
¿Democracia? No he tenido elecciones en casi 20 años. Hamás mata a los disidentes en Gaza. Fatah los encarcela en Cisjordania. Mis líderes cancelan elecciones porque están demasiado ocupados luchando por el poder.
Religión. En lugar de construir un futuro, pongo a clérigos en televisión enseñando a los niños a odiar a los judíos. Glorifico a los "mártires" que hacen estallar autobuses. Crío a mis hijos con canciones de sangre y fuego en lugar de libros y ciencia. Cambio la esperanza por la guerra santa.
Mundo árabe. Los regímenes árabes me llaman "hermano". Pero pregúntenles cuántos palestinos pueden vivir libremente en Líbano, Siria, Egipto o Kuwait. Me excluyen, pero celebran mi muerte, porque mi muerte es su excusa.
Absurdo. Sigo diciendo que quiero "construir un estado". E irónicamente, justo al lado está Israel: el vecino que construyó una democracia próspera, una potencia tecnológica, granjas en el desierto, ciudades de polvo. Sin petróleo, sin riqueza infinita, solo coraje. Podría haber aprendido, copiado, colaborado. En cambio, elegí la envidia y la rabia.
Obsesión antijudía. Podría haber aceptado a los judíos como vecinos. Podría haber dicho: "Dos naciones, dos estados". En cambio, repito: "Del río al mar". En lugar de exhibir el honor, la hospitalidad y la rica cultura árabe, mostré solo la cultura de la espada: la ira, el extremismo y la sangre. En lugar de gritar salaam (paz) a los israelíes, grité muerte a los judíos. Y luego finjo sorprenderme cuando los israelíes no confían en mí, cuando están enojados, decepcionados y convencidos de que no quiero coexistencia en absoluto.
Responsabilidad. Culpo a Israel de todo. Siempre. ¿Mis líderes roban miles de millones? Culpa de Israel. ¿Hamás dispara cohetes desde hospitales? Culpa de Israel. ¿Glorifico la muerte más que la vida? Culpa de Israel. La responsabilidad no es mi fuerte.
Soy palestino.
Podría haber construido una nación, muchas veces. Elegí el rechazo, la corrupción y la guerra sin fin. Podría haber vivido en paz con Israel, pero elegí vivir a la sombra de su destrucción.
Así que sí, soy una víctima. Pero con demasiada frecuencia, soy víctima de mis propios líderes, de mis propias decisiones y de mi propia negativa a abandonar el odio.
Y esa, querido lector, es la tragedia que nadie quiere admitir.
Repeat this like 5, 10 times in a row today.
This is not hyperbole. This is not exaggeration.
This is happening, in real time, right before your very eyes.
Finally someone with a fucking brain that’s willing to call it out for what it is
The soft touch approach from cunts on prominent football podcasts has been utterly embarrassing
They were a nothing club and they deserve to have the book thrown at them
Nobody sane prefers the socialists.
He closed the border. Made DC safer and more beautiful. Cut a ton of waste and added some merit to govt, and built great tech that saves citizens billions of hours.
The “war” took a huge amount of courage to confront a group holding the world and their people hostage - bad guys who regularly murdered Americans, and it cost less lives than annual training exercises. The Strait is reopening and their currency collapsed. We’re winning.
Even if you disagree with it and wanted to let Iran run wild and get paid for terror again, fine, but you’re what, going to vote for the party that wants to stack the court, trans the kids, censor you, cheat on the census again and give 100’s of billions again to NGOs to help get out the vote of the radical left, and expropriate you?
And the left also shuts off domestic pipelines and refineries and makes gas go up even more, btw, if that’s your argument - it’s obviously a psy op by the desperate Islamists and left for low IQ voters they think they can win by playing on Jew-hate and nonsense.
Zohran Mamdani has been mayor for 231 days and this, if manifested, and without hyperbole, will be the most radical act of his tenure by a long shot.
Please allow me to break this down:
He is about to spend 70 million tax dollars on 5 government run grocery stores (notwithstanding Aldi' making clear they could open 5 stores for a fraction of that).
Those five stores, run as they will be on tax dollars every single month no matter how full or empty their aisles will be, will be able to operate at a loss in perpetuity, and offer groceries for 30% less than their competitors.
But because no private grocer could possibly compete with a government competitor undercutting them by 30%, they will all inevitably all go bankrupt.
Mamdani's solution to prevent their bankruptcy? Give those private grocers tax dollars for them to compete and thereby make up for the 30% shortfall that...HE CREATED.
Succinctly: the government spends tax dollars to create an insanely bad problem. Then, to solve the problem that THEY CREATED, the government spends more tax dollars.
Utterly insane.
At midnight on February 6th, earlier this year, the doorbell to our apartment rang. The doorbell was followed by a pounding on the door. I answered the door and a security person in our building handed me his phone. It was my oldest daughter Eloise. She had found my 26-year-old daughter unconscious on the floor of her apartment and had called 911. The EMT team was already there, but they did not know what was wrong with Lucy or to which hospital they would take her.
I threw on some clothes and jumped in an Uber heading east toward Brooklyn. (Lucy lived alone in Williamsburg.) On the way, I learned that they were taking her to Elmhurst, a City trauma hospital in Queens. I arrived about five minutes after the ambulance to join Eloise, Lucy’s mom, and a friend, and waited to learn what was wrong.
After about 15 minutes, I asked a nurse where she was. I looked over his shoulder to his computer. Next to her name, it said “non-responsive.” I walked into the emergency room and wandered around looking for her until I found her unconscious on a gurney surrounded by several doctors and nurses.
By about 2:30am with the results from a CAT scan, Lucy’s doctors had determined that she had a massive brain hemorrhage and would need an emergency hemicraniectomy to release the pressure on her brain and remove the blood from the hemorrhage. I called our wonderful friend and family doctor Eddie Fisher and explained what was going on. He woke up Josh Bederson, Chairman of Neurosurgery at Mount Sinai, to find out more about Zach Hickman, the neurosurgeon on call that night. Dr. Bederson said Hickman was an excellent surgeon, which was comforting as we had no choice.
The surgery to save Lucy’s life began around 3:15am and finished around 5:30am. It was successful.
The following day, I joined Lucy in an ambulance while she was being transferred to Mount Sinai on Madison Avenue. Later that day, we determined from Lucy’s Oura ring that her hemorrhage had occurred around 9am, which meant that more than 19 hours had passed from the time of the hemorrhage to the completion of the surgery to release the pressure on her brain (I only wish @ouraring had an alert for this kind of a medical event. Imagine it could call a family member if the wearer doesn’t cancel the alert).
I later learned that the standard of care is not to do surgery to save a patient with a large brain bleed if more than five hours have passed since the hemorrhage. Even when the surgery is done, I was told that the likely outcome for the patient is a few months in a nursing home and death from pneumonia.
When I met Lucy’s doctors, I did my best to inspire them: “Let’s see what can be accomplished if we give her the best care possible and we invest unlimited resources to restore her to life.” And I promised that whatever we learned we would make available to everyone.
Dr. Chris Kellner, her neurosurgeon, and Dr. David Putrino, Director of Rehabilitation Innovation for the Mount Sinai Health System have led Lucy’s care team since that day. Words cannot describe the remarkable and compassionate care that she has received beginning with the EMT team and then from nurses, doctors, therapists, and the army of people who have worked to save her and return her to life. To this day, we have a daily Zoom where we discuss her progress and make adjustments to her care. While her care and oversight have been incredible, the learnings for the Mount Sinai team have also been elucidating and will assist in the care of many others.
Lucy began in a bad place. She was in a coma for several weeks and then awoke not being able to breathe on her own, unable to walk, see or speak.
Over the last six months, she has recovered her cognition – she understands everything including her circumstance – is able to walk a hundred or more steps at a time with assistance, is making progress with sounds, vowels and consonants and the beginnings of speech, but she remains unable to see.
Each day, she makes a little progress, and daily progress compounds. Every day I tell her that she just needs to make a little progress and it won’t be long before she is back.
We remain optimistic that Lucy will return to normal function. It will likely take years, but I believe it is only a matter of time, hard work, and technological progress, along with some, and perhaps a lot, of divine intervention.
Many people have been praying for Lucy and we are incredibly grateful for the prayers and remarkable support she has received. Lucy’s friends have been with her every day since the beginning, and their presence and friendship have saved her life and helped to rebuild and maintain her spirit. And on a very positive note, Lucy’s challenge has brought together our entire modern family who have all been incredibly devoted to her care and recovery.
Lucy's vision and other faculties may require some form of brain computer interface, work that is underway at Neuralink, Precision Neuroscience, Science, Synchron, Nudge, and other companies in the space.
If you are going to have a devastating brain injury, now is the best time in history for that to happen. We are living in a world when you can be confident that the blind will soon see again. We are going to do everything we can to help make that happen, including by assisting existing companies in the space.
With respect to our promise to make Lucy’s care available to others, we have made good progress. In May, a real estate colleague made me aware of a 93% vacant, brand new, 400,000 square foot Class A+ purpose-built biotech facility on West End Avenue between 65th and 66th Streets that missed the market and was available for sale. The Pershing Square Foundation acquired the building 60 days later.
We also put under contract an adjoining 130,000 square foot building at 320 West 66th Street that is currently being used by Saturday Night Live for studio space. The building has 35-foot ceilings with massive column-free spaces that can be converted into superb rehabilitation facilities. We will close on the SNL building in December.
We are also acquiring an adjoining vacant lot with additional air rights. With just the existing zoning rights, we can add a 150,000 square feet for a total of 680,000 square feet, a lab footprint larger than Rockefeller University, and that’s without including the potential for an upzoning that would allow for substantially more buildable area on the site’s 3.4 acres with spectacular views of the Hudson.
Our goal is to build the world’s greatest brain research, rehabilitation, recovery, human optimization, and longevity institute. We have named it The Ackman Oxman Institute or the AOI for lack of a better name, but also to reinforce the point that Neri and I and our family are all-in on the mission.
The AOI will be patient-centric. It will not be an academic research institute that produces lots of papers, a Nobel Prize winner or two, but little if any results for patients. We will be laser-focused on cures, treatments, devices, rehabilitation and exercise equipment, and targeted and basic research with a goal of massively accelerating the time from idea to innovation to production to helping a patient.
While the AOI will be a non-profit, it will have highly commercial instincts. The AOI will have its own venture funding and will work to develop innovations to create companies that we will seed, assist, and spinout to ensure technologies, treatments, techniques, and drugs get to patients as promptly as possible.
On one 3.4 acre campus in what is still the greatest city in the world, we will do neurosurgery, neuroscience, rehabilitation, nutrition, BCI and device development, human trials, hyperbaric oxygen treatments, and life extension programs, and we will mandate and incentivize collaboration among the teams with no silos, politics, bureaucracy, or any other constraint that is inconsistent with the mission.
Mount Sinai will be an important partner and deservedly so, but it won’t be our only hospital or medical school partner as we don’t believe any institution has a monopoly on the best ideas or the best talent. We don’t believe in exclusive relationships because that is not in the best interest of patients.
Five years ago, we considered launching a brain institute inspired by Neri’s mom who sadly died from Alzheimer’s. We couldn’t make the math work as the real estate was too expensive and we believed it would be too difficult to recruit the best talent from universities to our effort.
Since then, the real estate became available at a 70% discount, universities became a much less attractive place to work due to politics outweighing meritocracy, protests that disrupt learning, the curse of antisemitism, and a decline in funding. Fortunately, during the same time, I made sufficient personal economic progress to make the AOI possible.
The advance of AI in the last few years will also enable us to greatly accelerate our mission. AI still has a lot to learn about human intelligence and the brain, and the AOI should be at the forefront of the interplay between the brain and AI.
Today, I am making a public filing disclosing a gift from Neri and me of ~$400 million or 10,000,000 shares of Pershing Square Inc. (PS) to the AOI. It is very early days for Pershing Square so these shares are intended to anchor the long-term work of the AOI as the shares compound over time while generating what we expect will be a growing stream of quarterly dividends to fund the Institute.
We will also be announcing an additional gift of similar and potentially greater size which won’t be in the form of Pershing Square stock to provide the AOI with the short- and intermediate-term runway necessary to enable it to achieve its goal of becoming a self-sustaining institute, which reinvests all of its revenues, royalties, and the economic rewards of company formation to advance the fields of brain health and human longevity.
Neri and I have chosen to anchor the funding of the AOI to maintain vision alignment and limit the need for the organization to focus on fundraising. We expect the AOI to be the best-resourced brain, rehab, recovery, and longevity institute in the world.
We are grateful to have been able to form a board which includes Dean Kamen (our generation’s Thomas Edison), George Yancopoulus (CEO of Regeneron), James Rothman (Nobel Laureate), Bernardo Sabatini (neuroscientist), Chris Kellner (neurosurgeon), Olivia Flatto (CEO Pershing Square Foundation), Neri Oxman, and myself.
We have recently identified a CEO who we expect to announce by October along with other key hires, and are beginning searches for a Chief Scientific Officer, a Chief AI/Technology Officer, a Chief Operating Officer, a Chief Financial Officer, and other key leadership roles.
If you find what we are building compelling and want to be part of the leadership team that creates and builds the AOI from a standing start, please send an email to: [email protected] with a short note as to why you believe you can help. Please include your best three ideas for the AOI along with a summary of your background and your most important accomplishments.
We promise strict confidentiality to those expressing interest in working with us.
We have learned from Lucy that the brain can recover from even catastrophic injury. There is so much more work to be done as the mind is a terrible thing to waste.
For details from my Pershing Square SEC filing see:
https://t.co/gZKafCw6Ia
In 2001 George W Bush proposed a partial privatization plan for Social Security so you could put 10% of your SS contribution into the markets.
People rejected this.
We can now see that if it had passed, the 10% that went into the markets would have outperformed the 90% the government managed, the program would be solvent, and the average SS recipient would be receiving 2X what they currently receive.
The worst bet you’ll ever make is betting on government.