Tuesday, January 06, 2026

Mamdani tries to make NYC Venezuela

Not my words, but exactly my thoughts from the newsletter of investment advisor Joel Ross:

"Mamdani has only been in office a few days and each day it gets much worse as he announces his appointments. They are all far left radicals who will destroy the city. Their policies are socialist to communist and anti-capitalist and anti- landlord. The result will be a much worse education for poor kids and a far worse rental apartment situation. No developer is going to want to start a new multi project. Dealing with evictions has just become totally impossible. Schools will experience a downgrade in education in the name of diversity. The homeless will begin to reappear in parks and on the streets in spring. Tisch as police commissioner is all that prevents crime from going way up again, and we will see how long she lasts. Now Mamdani has lashed out at Trump for arresting Maduro. That is right out of the Socialist manifesto. He already is virulently anti-Israel. He knows nothing of how to run the city but suddenly he thinks he knows about geopolitics. He is dangerous because now he has a bullhorn and will be read and followed on social media. We can expect much more of that. He abolished the Adams committees and definition of anti-Semitism. His father is a rabid outspoken anti-Semite who actually is a professor at Columbia-where else. This is going to bad or worse than we all expected."

So true about Mamdani's parents. All bad ideas come from academe, and it's probably worse when they are Communists who flee from India via Uganda.

He's appointed a "tenant advocate" who thinks home ownership is "white supremacy." Landlords should be fleeing the city. Zohran Mamdani’s new NYC tenant advocate called to 'seize private property,' blasted homeownership as 'white supremacy'

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