New York’s Deal with the Devil

 

Mamdani

Here’s where big Wall Street firms are moving as NYC looks poised to elect a socialist mayor   "As Wall Street faces the prospect of left-wing firebrand Zohran Mamdani becoming the city’s next mayor, a fast-growing business hub down south is beckoning.

"Dallas — whose grab bag of major business moguls has included Ross Perot, Mark Cuban and Jerry Jones — has more recently become a major draw for big financial firms that were born and raised in the Big Apple.

"Goldman Sachs is building an 800,000-square-foot, $500 million campus in Dallas. It’s set to open in 2028 and consolidate over 5,000 employees. Last year, the mega bank hired Robert Kaplan, the former president of the Federal Reserve Bank of Dallas, as its vice chairman." . . .

New York’s Deal with the Devil    "New York is poised to make its own Faustian bargain—selling its soul for “free” perks and socialist promises that will cost the city far more than it can ever afford to pay." 

. . . "Socialism, communism, Marxism, and leftism—whatever you call it—are fantastical, millenarian ideologies. It promises that which cannot be achieved and replaces religion, faith, and constant striving with shallow earthly comforts. In the end, of course, it delivers nothing of the sort. Indeed, in the end, it is far more likely to deliver hell on earth than anything remotely approximating paradise." . . .