Latest Posts

By The Numbers

Economics, Marxists

We’ve all marveled at the stupidity of Manhattan voters, in voting into power some Marxist asshole who is promising all sorts of free stuff in exchange for higher taxes and malevolent gouging of successful businesses and the individuals who made them or run them.

This might work if Manhattan was truly an island, i.e. well away from any mainland, where the population is in essence imprisoned on the island and can’t move out of the Marxist hellhole.  This, by the way, is how Marxist governments have traditionally been able to bend their citizens over the desk:  by forbidding them to leave or physically restricting their ability to do so.

Fortunately (for the would-be recipients of the looming Marxist economic rape in the Five Boroughs), they have a chance of saving themselves from catastrophe by simply leaving for sunnier climes (in every sense of the word), taking themselves, their businesses and their tax payments with them.

And the scale of said catastrophe?  Here’s the pitiless financial analysis:

Put simply, by any normal accounting, New York State is using federal funds to pay $21 billion to NYC. By the same standard, New York City too is presently bankrupt, in the old-fashioned sense that it cannot pay for its extravagant spending, collecting $86.8 billion in total revenue versus outlays of $119.8 billion. The $31 billion needed annually by New York to survive comes, directly or indirectly, from the federal government. That will not last.

But all this is mere prelude to the Mamdani tax-the-rich onslaught about to hit New York City. The numbers are frightening.

At the individual level, in a city of 8.5 million people and 4 million taxpayers, the top 1%, or some 40,000 individuals, account for an estimated 45% of the city’s total $17.4-billion personal income tax receipts. While the New York Post talks of 1 million potentially exiting New York, it is highly likely that at least half of high-income taxpayers will choose escape over life in Mamdani New York. So goes roughly $4 billion, from a mere 20,000 departing for greener pastures. Others are sure to follow. Seventeen point four billion dollars will be the high-water mark for New York City personal income tax revenue.

It gets markedly worse when businesses choose to exit New York, especially financial firms.

The city collects roughly $13 billion in direct taxes on businesses, but the impact of business exit would be far greater, as associated spending ripples through the economy, conservatively tying $30 billion in city tax revenue to business-driven activities. Ten major financial firms alone could reduce NYC tax revenue by $5 billion. The city is at enormous risk, made all the greater by the well understood impact of technology. At a minimum, no financial firm needs to be in New York any longer, especially when the most needed 1,000 firms are specifically targeted by Mamdani for sharply higher taxes.

Put it all together, and New York City revenues are likely to decline, permanently, by at least $10 billion due directly to Mamdani’s actions, adding to $5.5 billion in structural deficits, on top of an already slapdash concoction of sticks and glue that is New York State, made worse by implementation of devastating, and costly, Democratic Socialist Party principles, with President Trump vowing to restrict federal spending to the “bare minimum required by law.”

Read the whole thing for the full gory details.

I read somewhere that actor John Voigt has implored POTUS to somehow overturn the NYC election results, but of course Trump can’t — and shouldn’t.  Why not?

Because at some point the vacuous dreams and economic stupidity of Marxists need to explode, spectacularly, so that the people who did not learn the lessons of 1990s Detroit can have their noses rubbed in the foul dirt of utter financial bankruptcy.

And then they have to shoulder the burden of rebuilding the whole thing from the ground up, just as the Germans had to rebuild the shattered German state after 1945 — only without the lifeline of any kind of federal Marshall Plan, because New York City doesn’t deserve it.  New Yorkers have always had an unhealthy sense of their own importance and urban grandeur, and this time their collapse through stupidity and cupidity will actually be well deserved.

H.L. Mencken once defined democracy as “the theory that the common people know what they want and deserve to get it good and hard.”  Well, New Yorkers exercised their democratic rights… and now the fun begins.

Avoidance

Men & Women

From a Deep Thinker:

“Young men prefer to avoid their female peers.  It’s unpleasant and, if the women view an errant look or bad date or breakup as ‘rape,’ it’s also dangerous.  If you have internet pornography to satisfy your sexual needs, internet games to satisfy every young man’s natural desire for adrenaline, and legal pot to make all the pain go away, who needs women?”

Not to mention having to exist in a gynocentric atmosphere in almost every social institution — schools, workplaces and so on — where the male instincts of risk-taking, adventure and creativity have been ruthlessly suppressed so that men can be… more like women.

One more time:  of course I’m not suggesting that risk-taking, adventure and creativity etc. are the sole preserve of men — that’s a common feministical trope, and of course that would be… what’s the term I’m thinking of?  Oh yeah:  total bollocks.  But even the most superficial observation of the human condition will show that men are more likely, for example, to be risk-takers while women are more likely to be risk-averse.

So if you can’t do that kind of thing in real life, the next best thing is to simulate it — I remember reading somewhere that Call Of Duty, for example, has an 80% male gamer profile, and I bet that the Formula 1 simulation games have a similar profile.

And yeah, you don’t need a female partner for that activity, any more than if you’re indulging yourself in a little porn-watching.

I’m not sure that this male-female schism would have worked for me back when I was in my teens and twenties, but then again I didn’t grow up in this toxic environment, and anyway, back then girls and women were a lot more grownup than today’s crop of frail, weeping faeries.  (Probably the most cutting comeback I’ve ever seen was a guy’s description of one such creature as a “Fleshlight that cries.”  Sheesh.)

I don’t know how this all is going to play out;  I suspect badly, and it seems that at some point women are going to choose more masculine men — or a grotesque and dangerous parody thereof, most likely of the Third World genus.  Hell, I think that’s already happening in countries where the native menfolk have become terminally feminized — the Scandinavian countries come to mind, here — and the results there are not grounds for optimism.

I’d really like to think I’m wrong about all this, but I suspect that I’m not.  More’s the pity.

News Roundup

Bad News

Why do I love the old days so?  Anyway, here’s some stuff about the modern day:


...never mind;  I predict that pretty soon, cross-country skiing will become an important tourist attraction… in Ireland.  So there’s that.


...not that Iceland was ever a relevant country, other than as a NATO airbase.

Yet more


…

And speaking of The Great Cultural Assimilation Project© :


...and once more, let’s play the “national origin” game…
#Muzzies #NoPrizes

Coming out of the Police Blotter:


...Commie bastards spying on some other Commie bastards.  Also:


...and yet he’s very much alive and the President, and you’re dead, you filthy pedophile.


...I miss the old Son of Sam days, when it was at least a dog.  When you’re taking your orders from insects… I blame the Democrats.

And from the Dept. of Education:


...one wonders how this silly bitch thought it was going to end, but that presumes a mental state capable of thought.  Ditto this one:


...giving a whole new slant to the term “Phys Ed”.

Here’s something from the Dept. of Health:


...and no, this time it wasn’t Britishland’s legal system.
#WTFAustria?


...life as Michael Corleone’s wife must have been tough.

And in this week’s (blessedly) un-linked 

And in our Possibly Fake Headline section:


...what? you know the judge would do it if he could.

And running headlong down  :


...you know, I just can’t help thinking that our Kimmie might just do better at her exams if she spent more time at the books than doing this kind of thing:


No man should, although so many have.

And that’s the news as it was, sorta.

Well, Duh

Eco-Crap, Resistance, Watermelons

Here’s one we all knew about — and by “we”, I mean anyone with the faintest degree of rational thought — and therefore it should come as no surprise to us:

Skepticism about climate change has resurfaced, as some experts claim the exact causes of global warming remain unclear and that the policies addressing it are motivated more by money than by science.

And in other breaking news, we can report that Gen. George Custer is experiencing some difficulty with various Indian tribes in Wyoming.

But to return to our main story:

Lindzen explained the basic math behind what he called ‘climate alarm.’ He said the emphasis on lowering specific emissions like carbon dioxide (CO₂) simply doesn’t produce the worldwide temperature changes advocates say it will.

The scientist noted that the planet’s temperature has fluctuated significantly throughout recorded history and science still can’t definitively prove what the exact cause of both extreme warming and cooling events has been.

‘We don’t understand the glaciation that occurred in the 15th century. You know, so what was going on then? Inadequate CO₂?’ Lindzen said of the event in the Northern Hemisphere known as the Little Ice Age.

It was caused by all those 15th-century SUVs and trucks, you idiot.  And of course they had SUVs and trucks back then, but they were called “carts” and were powered by horses (and oxen) — a major source of methane pollution, as we all know.

And:

Lindzen said the financial implications of controlling the multi-trillion-dollar energy industry have been the true motivation for politicians to support flawed research that argues small temperature increases will lead to immediate disasters.

‘The fact that you have a multi-trillion dollar industry and you have an opportunity to completely overturn it had a great appeal to a lot of politicians,’ he explained. ‘They go wild on it. Another half degree and we’re doomed, and so on. The public knows this is nonsense.’ 

I leave it for you to decide which political parties have supported the eco-panic most rabidly, and why.

I find it interesting that this article comes to us courtesy of the dreadful muckraking rag Daily Mail, a newspaper which has provided us with panic-stricken apocalyptic warnings of ecological doom for well over twenty years.  (Because “scare” headlines sell newspapers, also duh.)

And the only reason that they’ve decided to publish this little article is that people no longer believe the climate alarmists, and are starting to rebel against all those idiotic and destructive “NetZero by 2030” political goals.

Yee Hah

Business

“Come and do yer bidness in Texas” seems to be the current thing.

Coinbase followed other companies reincorporating in Texas after the state legislature in 2023 created the first-of-its-kind specialized trial court to oversee complex business-to-business litigation. It first convened last September. 

This year, the legislature passed SB 29 to create a series of corporate reforms governing certain business entities. It “enhances the predictability and efficiency of Texas entity law and governance while maintaining strong protections for entity owners and transparency,” The Center Square reported. They include codifying the business judgment rule to allow corporations to establish a minimum ownership threshold before a shareholder or group of shareholders can pursue a derivative claim, among other provisions.

The legislature also passed HB 40 to amend state law to enhance Texas Business Court operations statewide, expanding subject matter jurisdiction to include intellectual property, clarifying its supplemental jurisdiction, allowing companies to designate the court as the exclusive venue in their governing documents for dispute resolution, among other measures.

The new laws provide business decision makers “with certainty that sound business judgments made in the best interest of shareholders will not be second-guessed by courts. Absent acts of violent crime, business decisions are to be made by the elected officers and shareholders, not by unelected judges,” Abbott said when signing them into law. “It also eliminates rogue shareholders with just a handful of shares of stock in a company from being able to hold a company hostage from the ability to make sound business decisions.”

Just make sure that your employees become Texans, i.e. they have to leave all their East-Coast politics and -beliefs behind.  Especially that Woke/DEI bullshit and fondness for Big Gummint, because we don’t do that here.

And they need to buy some guns as soon as they can — just to establish their bona fides, so to speak.

Granite State Call-In

Disaster

I may need a little personal help from my Readers in New Hampshire — it doesn’t involve me, but someone very dear to me, and it is not financial.

So if you live in New Hampshire, please drop me an email and I’ll supply the details.

Many thanks.