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馃毃David Friedberg: "Socialism will sweep over this nation"
All-In Podcast 2025-08-11 17:34
My prediction will ring truer than any of us hope. Socialism will sweep over this nation. I fear to cancer and it's going to be worse than what we saw with woke stuff. People are stagnant in wage growth. No one in the United States, including wealthy people, who haven't taken significant notice of the increased cost of groceries and the increased cost of buying home goods. Everyone's rent goes up every year. There was this Tik Tok rant that went viral this week about this woman that's like, "Why does my ren ...
Andrew Cuomo Says New Yorkers Are 'Petrified' About Mamdani Winning NYC Mayoral Race
Bloomberg Television 2025-08-05 15:58
The what we learned in the primaries, you had a tremendous vote of the under 30, which is really a national phenomenon. They're highly energized. It started as a political movement that was anti-Trump.It's now further energized by socialism, income equality and the situation in the Middle East, Gaza. But my point to the under 30 is, look, I agree with your statement of the problems. Yes, affordability is a major issue. Yes, the your rent is a major issue.But the solutions being offered by Assemblyman Mamdan ...
Chevron CEO: U.S. energy production is up 60% over the past few years
CNBC Television 2025-08-01 23:45
uh I didn't put forth my vision uh with enough clarity uh and enough aggression and I didn't debunk uh the assemblyman's positions, right. Um the uh freeze the rent, the grocery stores in every burrow, you know, this socialism is the answer, which is absurd because you can't have a socialist city in a capitalist nation, right. It's not going to work.New York City as anti- business. We don't do a lot of farming here. I don't know if you've noticed.Right. So, to be anti- business, anti-corporate doesn't reall ...
Fmr. New York Gov. Andrew Cuomo: Businesses will leave if Zohran Mamdani wins mayoral race
CNBC Television 2025-08-01 16:19
that's what we are founded on. And I feel very good about that. >> I wonder what you make of the Democratic Party and their reaction, semi embrace of him, of Mamdani.You know, they say he tapped into a lot of real issues that that people have with grocery affordability and housing availability, and they have not denounced him for being anti-Semitic or for anti-Israel or or anti-capitalist. >> Yeah. Well, Sarah, you know, first of all, I don't think there was a they right now.Right. You have a schism within ...
X @Ivan on Tech 馃嵆馃搱馃挵
RT Michael A. Arouet (@MichaelAArouet)Amazing chart, Venezuela used to be wealthier than Poland. Poland introduced capitalism & free market principles, Venezuela followed socialism.Capitalism makes people wealthier, socialism always ends in bitter poverty and misery. Why are young people so fascinated by socialism? https://t.co/2V5MpvDrSv ...
X @The Wall Street Journal
From @WSJopinion: Socialists are tapping into the same sort of popular discontent that has driven Trump鈥檚 success, writes @gerardtbaker https://t.co/Og6cTXQSav ...
X @The Economist
The Economist 2025-07-04 11:40
The isolated pleasure resort lacks the feel of a socialism-inflected time warp that Western tourists crave from North Korea. Never mind鈥攊t is not aimed at foreigners anyway https://t.co/xH6xwN7A1t ...
J-Cal's Advice for Young People Leaning Toward Socialism: Avoid Debt, Acquire Skills, Self-Reliance
All-In Podcast 2025-07-02 17:06
Career & Economic Outlook - A college degree does not guarantee a high-paying job; excellence, skills, and self-reliance are more crucial for success [1] - Reliance on the state or government is portrayed as a path to pain and suffering [1] - Government-run stores and state-provided food at discounted prices are deemed absurd and historically problematic [1] Societal & Political Commentary - Radical self-reliance and creating one's own opportunities are advocated as alternatives to debt spirals [1] - Leaving the state and moving to places like Austin or Miami is suggested as a way to find opportunities [1] - The emergence of a new political party based on rationality and skill development is anticipated [1]
Trump Calls Zohran Mamdani a 'Pure, True Communist'
Bloomberg Television 2025-07-01 13:03
I'm about to have such a hard time condemning the phrase worldwide. What. I think it's terrible.He's a communist. The last thing we need is a communist. I said there will never be a socialism in the United States, that we have an economy that I think is bad news.And I think you're going to have a lot of fun with him watching him because he has to get right. This is going to get his money. And don't worry, he's not going to run away with anything.I think he does. Frankly, I've heard he's a total nutjob. I th ...
David Friedberg Reacts to Zorhan Mamdani鈥檚 NYC Mayoral Run
All-In Podcast 2025-06-30 12:00
Political Landscape & Election Analysis - Zoran Mam Donnie's unexpected victory over Andrew Cuomo in the Democratic nomination, with a shift from a 6% chance to winning [1] - Mam Donnie is a 75% favorite to beat Eric Adams, despite Adams' expected support [2] - The election reflects a broader trend of voters supporting Democratic socialists with unconventional platforms [2] - Young, college-educated white voters played a significant role in electing Zoran [16] Economic Factors & Student Debt Crisis - The rise in student loan debt from $500 billion to $2 trillion in the last 20 years is a key factor [7] - Approximately 40% of the 4 million annual college graduates have student loan debt [7] - Around 80 million young people have accumulated $1.5 trillion in new debt over the past 20 years, averaging $60,000 per person [7] - The increasing cost of college degrees has outpaced entry-level salary wage growth by 10 times over the last 20 years [18] - Student debt creates "negative capital," leading young people to seek government intervention and socialist solutions [11][12][13] Policy Proposals & Potential Consequences - Proposed policies include free buses, rent freezes, tripled affordable housing development, city-owned grocery stores, and a $30 minimum wage [3] - Concerns that high taxes will drive the top 10% of taxpayers, who contribute two-thirds of the tax base, to leave New York [20] - The federal student loan program needs reform, potentially replaced by private lenders with underwriting standards [26][27] Historical Parallels & Warnings - Socialism has historically failed in various countries when used to escape debt cycles [15] - Cities like San Francisco and Los Angeles are cited as examples of the "doom spiral" caused by socialist policies [18][22][23]