Mr Mamdani, a 33-year-old democratic socialist, and a devout follower of the Prophet, ran on a platform that has terrified some in the business and certain religious communities. Their idea of an acceptable leftist candidate was someone like (((Bernie Sanders))). But this? Oy, oy, oy!
Mr Mamdani wants to raise corporate taxes to 11.5% and add a 2% income tax on New Yorkers making more than $1 million. He has said he would make the city more affordable by freezing rents on rent-stabilized apartments, investing $70 billion in publicly subsidized housing for the flotsam and jetsam who wind up in the "sanctuary city", providing free bus service and opening government-operated grocery stores -- the kind they used to have in the Soviet Union where you had to bribe someone to get a six-month old turnip.
Wall Street quickly started to worry.Some financial executives spoke of backing Mayor Eric Adams, clearly the lesser of the two weevils. Corporate leaders held a flurry of private phone calls to plot how to fight back against Mr Mamdani's primary victory and discussed backing an outside group with the goal of raising around $20 million to oppose him. Dan Loeb, chief executive of hedge fund Third Point, and a major Cuomo backer, wrote on X, "It’s officially hot commie summer."
Yeah. And if Mr Mamdani wins the mayoralty, what happens next? The real insane voters of New York may think that he, being an oppressed person like them -- all Muslims are oppressed, you know -- will bring them equity, justice and freedom in a socialist workers' paradise. LMAO.
Those who can read would do well to check out "All socialism involves slavery" (WWW 14/6/25), in which we posted a quote from Left Luggage, by C. Northcote Parkinson, author of the eponymous Law, on the motivation and actions of today's leftists.
They came to realize...that the lower classes cannot be resued from the slum unless they will do as they are told. This, they came to see, is a basic principle of existence.
You cannot help an old woman to cross a busy street unless she will accept your guidance. The very act of going to the rescue makes you superior to the person rescued. And just as folk in danger must obey the orders of the lifeboatman or fireman, the victims of the industrial slum must follow the social reformer's advice.
That they are incapable of saving themselves is the most obvious result of their ill-treatment. Kindly but firmly they must be shows the way to escape. A better environment can be theirs but only if they will obey orders. It is this kindly coercion that has come to be known as Socialism. [My emphasis. Walt]
Shortly after that post appeared, Agent 3 was on the horn to tell us that socialism also involves poverty. As surely as day follows night (he said), the socialists achieve "equity" not by raising the standard of living of the masses, but by reducing everyone to the same level of bare subsistence. Like this.
Walt has dear friends, refugees from Cuba, who remember how the Marxist Castros plunged their country into dire poverty. The voters of New York City, many of whom are Americans [geddit? Ed.] and therefore ignorant of the realities of places like Cuba and Venezuela, must think that Islamic socialism would somehow be better than the Latin American variety. If so, they are wrong.
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