The Texas Stock Exchange opens 2026.
Word to NYC property owners .... Sell Now.
Conservatives, consider selling your property in NYC and prepare to leave town. Mamdani is going to win. Don't oppose him. The next NYC mayor is going to take the blame for the fall of the city. The NYC financial industry and stock market (un like Zach Mayo ) no longer have nowhere else to go.
Currently individual tax rates are 3.876% NYC (city) and 10.9% NYS (state) = 14.776% combined rate to live in the city. Mamdani proposes to only increase taxes 2%. The 2% increase is a 51% Increase of the city tax and equals a 15% increase of the combined rate of 14.775%. The new combined rate is 16.776%. What if you could move to Texas where there is no state income tax and you could reduce your income tax by almost 17%, would you do it ? It's kind of like getting a 17% raise.
Similarly, corporations in NY pay 8.75% NYC +7.25% NYS =16% combined. Mamdani is raising corp city tax
From 8.75% to 11.5% (30% increase). This raises the corporate combined rate to 18.75%. Texas has a Franchise tax of less than 1% on gross taxable corporate revenue. If this is an apples to apples comparison (it may not be) and if a corporation could shift from a stock exchange in a state where tax is 18.75% to a state where tax was say 1%, would they do it?
There is a possibility that businesses based on a stock exchange and all of their employees will migrate or begin migrating to Texas. I may be jumping the gun but, maybe Trump should sell his tower now.
Up to this point, the financial system that has been tied to the city and thus state, as early as next year, may have an out. If the highly taxed corporations and individuals get out of the city and state. Mamdani should be the one left holding the bag.
This is just an @dunnkruger opinion. Of all the possible futures, this could be one.
This could make the 2030 census and the following assignments of representatives very interesting.
https://www.kbtx.com/2025/10/16/texas-stock-exchange-ramping-up-after-sec-approval/
https://comptroller.texas.gov/taxes/ franchise/
There is much in the news over China controlling the Rare Earth Element market. Chhiinna has the largest reserves, likely because Chhiinna has a large land area. China refines or extracts around 75% of the worlds Rare Earth Elements. So where and how can the US mine and extract REE's? Articles attached suggest that the US can obtain REE's from sources that have been shunned in the green energy movement. Two sources are coal byproducts and urban mining.
Coal ash is a byproduct in the flue gas of a coal fired electricity generation plant. This is ash or soot that is in the flue gas and solids left in the furnace after burning coal. This ash has generally been considered a useless and hazardous waste that has been burried on site or recycled and encapsulated as an additive to concrete to reduce cement required for producing concrete. This ash also contains REE's. Ask stockpiles at generation plants can be mined and used for REE extraction. Rather than sell coal to China, maybe the USA should start ...
25 09 05
The After Party with Emily Jashinsky...
I have posted before that afterparty is well worth watching as it provides both political commentary and a vibe on youth culture. Emily is available on you tube on video and Spotify on audio. She is live twice per week , I think Monday and Wednesday at 10 PM. Yes, that conflicts with Gutfeld but there is always watch it later. Maybe @GregGutfeld should try to get her on his show and embrace the competition or as if she would let him be on The Afterparty. It has an adult beverage, organic, Red Eye vibe. She definitly passes the Penn Jillette test (I think). She seems to have guests of a multi political spectrum. I think that if I watch enough , I may find that if I know of her take on three topics, that one will not agree and thus a host of complexity that may be able to challenge your thoughts and someone to learn from. This is my hope. I think that I'm right on this one. We will see.
I'm going to step back a bit from burdening everyone with my long winded posts. My focus was to promote that all humans are created equal with an equal amount of time in each day. I wanted to be one more voice that with hard work and skill training each individual can meet their potential. The hardness of the path is what gives the achievement its value. Serve others more than you demand others to serve you. Social assistance and social promotion is more likely to hurt you by reducing your need for skill acquisition. That's basically it. Because of believing these truths that should be self evident, @dunnkruger naturally aligns more with conservatives. These are not only conservative principles, they are available to all. It pains me to see people have been convinced that they are disadvantaged and are waiting to be lifted up. I fear that they will wait so long that they will never advance to their fullest distance. It is never too late to start. Please start now.
IMHO the dirty little ...