BREAKING: LeBron James is signing with the Philadelphia 76ers on a two-year, $8 million deal with a player option, Klutch Sports Group and Klutch CEO and Game Over show host Rich Paul tells ESPN.
🚨 GLOBALISM JUST DIED IN DAVOS
Howard Lutnick just walked into the lion’s den — and told the World Economic Forum exactly what they didn’t want to hear.
“Globalism has failed.”
Not whispered.
Not softened.
Declared — on their own stage.
He dismantled the entire WEF doctrine in minutes:
• Offshoring hollowed out the West
• Cheap labor destroyed innovation
• Net Zero made Europe dependent on China
• Sovereignty begins with borders
• Nations must control their industry, energy, and medicine
Then came the line that shook the room:
“Why would Europe agree to Net Zero when they don’t even make a battery?”
That’s the truth globalists can’t answer.
Green agendas without industry.
Climate pledges without sovereignty.
Moral posturing while outsourcing power to Beijing.
America First isn’t isolation.
It’s independence.
And Lutnick made it crystal clear:
The old model is finished.
The globalist experiment has failed.
And the future belongs to nations that put their people first.
Davos just heard the obituary — live.
@MichaelDell Not trying to be divisive, but wouldn’t this be inflationary if everyone has a lot of money at 18? I think the motive behind this is with good intentions.
Here’s what I think will happen in NYC under Mahdami.
The free buses and government grocery stores won’t happen, they never do. They sound good during campaigns, but collapse under basic math. You can’t run a city on ideas that cost billions and produce no revenue.
The only way to make housing affordable is to build more housing. The free market lowers prices, not regulation. Every time politicians try to control rent or force affordability by decree, developers stop building and landlords stop maintaining. Supply dries up, the quality collapses, and the few properties that remain skyrocket in price.
Once landlords can’t make a profit, they sell, lose properties, or walk away. Eventually, the government takes over.
Taxes will rise to pay for the promises, and the middle class will be the ones shouldering the burden. The rich will relocate, the poor will depend on subsidies, and the productive class will be squeezed from both sides.
Thriving businesses are the foundation of any thriving city. When they leave, everything else follows, jobs, schools, grocery stores, stability. Chicago already proved this. Boeing, McDonald’s, Caterpillar, Citadel, nearly 70k jobs, all gone. Now they’re facing billion-dollar deficits, half empty schools and neighborhoods without grocery stores.
I saw someone who lived in a rent-controlled apartment in California put it perfectly, he said his landlord could no longer afford maintenance so the pool was filled with dirt, the floors had soft spots, and the foundation ended up cracking. That’s what overregulation does, it destroys quality.
People who voted for this will eventually feel the pain but they won’t blame the policies or the politicians, they’ll blame the rich for leaving.
This conversation is always difficult because most people simply don’t understand market dynamics or incentives. In a free society, people act in their own self-interest. If you remove profit and reward dependency, productivity dies and the city with it.
If you think things are expensive now, just wait until they’re “free.”
🚨 I AGREE: Abolish property taxes. Everywhere.
RON DESANTIS: "To say you're just enjoying property and all of a sudden the value [goes up] - you have to pony up [to the government?] We don't really do that in anything else!"
"If they're going to come tell you your house is worth twice as much than what you purchased it, and you've got to pay higher taxes as a result, that's a NEGATIVE of having rising property values. It's an unrealized gain!"
"If you buy a stock, and you hold it, then you're taxed when you SELL it. The stock doubles, they don't just tax you as you hold it. Unrealized gains is NOT the way you want to run a tax system, but our property tax system basically relies on these unrealized gains."