TRANSCRIPTEnglish

Mamdani ‘EJECTS’ NYC’s Working Class… Busses SOLD OUT as Homes SEIZED, 401K’s RAIDED

19m 33s3,793 words561 segmentsEnglish

FULL TRANSCRIPT

0:00

What's going to happen is this part of

0:01

the country is going to go completely

0:03

Marxist communist. That's why the New

0:05

York Stock Exchange is moving to Dallas,

0:07

Texas. Everything in the financial

0:09

world, which I consult to, we're moving

0:11

everything down to Texas and Florida.

0:13

We're done with New York. So, you heard

0:15

it right there. New York City is losing

0:17

the people who've had enough of the new

0:20

mayor's plans to totally transform this

0:24

place while he taxes them and anyone who

0:27

earns a paycheck or owns a home to pay

0:29

for that transformation. But while

0:32

socialist proponents say it's only month

0:34

four of the Mombi administration and

0:36

we've got to give them time to get going

0:39

to see how well socialism works, those

0:42

fleeing this revolution will be long

0:45

gone by the time that happens.

0:48

>> A warning shot for New York City's new

0:50

socialist mayor. Multiple credit

0:52

agencies including Fitch and Moody's all

0:54

sounding the alarm on Mom Donniey's $127

0:57

million budget. raise the taxes on the

1:00

wealthy. We're paying their taxes.

1:02

>> I understand that. Of course, they're

1:04

going to move out.

1:05

>> I think the first thing is to come back

1:06

to the facts. You know, when I was in

1:07

the state assembly, we were told that

1:09

millionaires were going to flee. That

1:11

was in 2021. And what we found is that

1:12

now we have more millionaires than we

1:14

did back at that point.

1:15

>> Even if they tax the rich, it will

1:17

basically force people that have many

1:20

means to move out of New York. And if

1:21

they move out of New York, then in

1:23

essence, we will lose their property

1:24

taxes. We will lose their income taxes.

1:26

We will lose their sales tax. They will

1:28

leave and close their businesses. They

1:30

will move their businesses out of state.

1:32

Thousands of people will lose their

1:33

jobs.

1:34

>> You're saying if we don't tax the rich,

1:36

then I got to increase property taxes.

1:38

We are not a porn in Southeast Queens.

1:40

We are not part of your negotiation

1:42

tactics.

1:48

>> So if you're going to tax the rich and

1:51

you're serious about it, you better do

1:53

it now while they're still around. And

1:55

what nobody's talking about is the

1:57

reason New York is going full speed into

1:59

left field on communism is because

2:02

nobody running this place thinks the

2:04

rich are going anywhere. Even though

2:07

wealth has been packing its bags and

2:09

getting on buses to Florida and Texas

2:11

for years due to a deteriorating quality

2:14

of life here in New York that extends

2:17

all the way from our dystopian worst in

2:19

the nation subway system to crime sprees

2:22

taking over public shopping centers in

2:25

the middle of the afternoon. But strap

2:28

yourself in because the people running

2:29

New York are of the mindset that the

2:32

more taxes we have, the more good we can

2:35

do for the greatest number of people.

2:37

Besides, if you're a property owner or

2:40

if you've accumulated anything of note,

2:42

that's not fair. But business leaders

2:45

are sounding the alarm with insiders

2:48

revealing firms are quietly doing

2:50

everything they can to redistribute

2:52

their operations elsewhere. And even the

2:55

governor of New York's figured this out,

2:57

hitting the panic button and telling

2:59

people the state has to be competitive

3:01

if it doesn't want people to leave

3:03

before the communist poverty machine

3:05

succeeds in punishing wealth and

3:08

achievement wherever it finds it. But

3:11

that brings us to the real reason this

3:12

is happening. You don't just have

3:13

politicians in New York who believe in

3:16

taking people's money and doing

3:18

something else with it. No, you've got a

3:19

voter base here that believes other

3:22

people's money is their path to success.

3:26

They think it's their best option. And

3:27

as horrified as most of America is that

3:30

an avowed socialist is now running the

3:32

capital of capitalism, you can't blame

3:35

Mr. Mom Donnie for running on the

3:37

platform he promised everyone and being

3:39

true to his word. But instead, you've

3:41

got to recognize the fundamental problem

3:43

that begins once a critical mass of

3:46

people realize they can vote for your

3:48

money to wind up in their pocket. The

3:51

only problem is whose pocket exactly is

3:54

that money going to come from if

3:56

everyone leaves.

3:57

>> What's going to happen is this part of

3:59

the country is going to go completely

4:01

Marxist communist. That's why the New

4:03

York Stock Exchange is moving to Dallas,

4:05

Texas right now. everything in the

4:07

financial world, which I consult to,

4:10

we're moving everything down to Texas

4:12

and Florida. We're done with New York.

4:13

>> So, here we have someone in finance

4:15

who's telling us that there is a

4:16

migration taking place from cities like

4:19

New York to places like Texas and

4:20

Florida. And even though this is

4:22

happening, and even though the stock

4:24

exchange really is leaving, the

4:26

socialists running New York don't

4:27

believe this. They think it's all fake

4:29

news. And wait till you hear what they

4:32

think the secret to prosperity is. I

4:34

think the first thing is to come back to

4:35

the facts. You know, when I was in the

4:37

state assembly, we were advocating to

4:38

raise personal income taxes and

4:40

corporate taxes at the time to meet the

4:42

needs of of working-class New Yorkers.

4:44

We were told that millionaires were

4:46

going to flee. That was in 2021. We

4:48

raised about $4 billion in additional

4:50

revenue that year. And what we found is

4:52

that now we have more millionaires than

4:54

we did back at that point.

4:55

>> So, THERE YOU HAVE IT. The mayor thinks

4:57

taxing millionaires is a non-issue. In

4:59

fact, if you look at this statement,

5:01

what he's actually saying is the more

5:03

you tax millionaires, the more of them

5:05

you create. So, if you want to CREATE

5:07

PROSPERITY, JUST JACK UP THE TAXES.

5:10

THAT'S HOW YOU DO IT. AND IF SOMEONE'S

5:12

SUCCESSFUL, THE HARDER YOU PUNISH THEM,

5:14

THE MORE SUCCESSFUL PEOPLE you're going

5:15

to have. That's right. Forget what you

5:17

learned in economics. Because these

5:19

ideas all disregard the fact that New

5:21

York has more millionaires today in

5:24

spite of how rough it is on them.

5:26

Remember, the stock market creates

5:28

millionaires, gives people the wealth to

5:31

buy homes in middle class areas of the

5:33

city. Plus, there have been many

5:35

economic innovations like artificial

5:37

intelligence, and businesses that create

5:40

jobs and pay people lots of money do it

5:42

in spite of the government's attempts to

5:44

stop that from happening. And although

5:46

the mayor's right, there was no mass

5:48

exodus back in 2021,

5:50

New York City also wasn't run by someone

5:53

who promised socialism. Do you ever get

5:56

the feeling that your digital life isn't

5:59

really yours? That your emails, photos,

6:02

files are being scanned, analyzed, or

6:05

just living on someone else's server?

6:07

Well, if you're like me and you hit a

6:08

point where you really want control over

6:10

your digital presence, do what I did and

6:13

make the switch to Proton. They're a

6:16

privacy company built in Europe free

6:18

from big tech surveillance. They don't

6:20

sell ads. They don't access your data.

6:22

And with their encrypted ecosystem, not

6:25

even the big wigs at Proton itself can

6:28

read your emails or see the files you

6:30

store in Proton Drive. Now whether I'm

6:32

backing up my photos, sharing private

6:34

documents using secure passwords and

6:37

links that expire, or just decluttering

6:39

my inbox, I can do it all at once from

6:42

one place and it's all private by

6:44

default. You can even revoke access to

6:46

anything you've shared at any time. And

6:48

with email aliases, I can hide my real

6:51

address and cut down on spam and

6:53

fishing. And best of all, my data isn't

6:55

training AI or feeding advertisers at

6:58

all. Check out the link in the

7:00

description of this video to take back

7:01

control of your entire digital life.

7:04

Something you can only do with Proton.

7:07

>> There will be no entrylevel jobs for

7:09

college students this year when they get

7:10

out of school. This is going to go

7:12

Marxist communist. My prediction, two

7:15

years, New York will look like Detroit.

UNLOCK MORE

Sign up free to access premium features

INTERACTIVE VIEWER

Watch the video with synced subtitles, adjustable overlay, and full playback control.

SIGN UP FREE TO UNLOCK

AI SUMMARY

Get an instant AI-generated summary of the video content, key points, and takeaways.

SIGN UP FREE TO UNLOCK

TRANSLATE

Translate the transcript to 100+ languages with one click. Download in any format.

SIGN UP FREE TO UNLOCK

MIND MAP

Visualize the transcript as an interactive mind map. Understand structure at a glance.

SIGN UP FREE TO UNLOCK

CHAT WITH TRANSCRIPT

Ask questions about the video content. Get answers powered by AI directly from the transcript.

SIGN UP FREE TO UNLOCK

GET MORE FROM YOUR TRANSCRIPTS

Sign up for free and unlock interactive viewer, AI summaries, translations, mind maps, and more. No credit card required.

    Mamdani ‘EJECTS’ NYC’s… - Full Transcript | YouTubeTranscript.dev