(11-05-2025 10:48 AM)ballantyneapp Wrote:  

(11-05-2025 10:39 AM)GeminiCoog Wrote:  

(11-05-2025 10:32 AM)Eldonabe Wrote:  I honestly cannot wait to watch NYC implode.

Everyone who wants it for free will stay and many more of the same will go there, and everyone who is expected to pay for all of this will be gone.

They are gonna make San Francisco look like a day at the beach.


If Dow Jones packs it up, NYC is dead.

Yep. The only question is, "Where will the NYSE go? Will it move down south to...Florida or Texas, perhaps?" (Okay, that's two questions, but you get my point. lol)

its going to take more than 1 term of a democratic socialist (not a socialist) to get the NYSE to move. Investment companies have spent $Bs in infrstructure on the NYSE to get information marginally faster than competitors. No one has the kind of Airport infrastructure to handle the international demand of greater NY either. His economic policies are to raise corporate income tax to match NJ and raise income tax for >$1MM income 2%. Likely to see some flight but I bet dollars to donuts corporations will not move over that kind of tax increase.

I read an article a few days ago talking about the financial flight from NYC to Texas, that a good part of the infrastructure has already moved, and with Mamdani's win, it is likely to amplify quickly.

There actually is a scenario where Texas replaces NYC as the financial capitol of the world. In the not-so-distant future.

(11-05-2025 09:56 AM)miko33 Wrote:  

(11-05-2025 09:43 AM)Redwingtom Wrote:  

(11-05-2025 09:29 AM)UofMstateU Wrote:  

(11-05-2025 09:24 AM)Redwingtom Wrote:  

(11-05-2025 08:45 AM)MemTigers1998 Wrote:  I cannot wait to watch the epic disaster that NYC is about to become.

Why the **** do you even care?

Because our tax dollars are being spent there. Not that you would know anything about that. People on spousal support usually dont pay taxes.

FFS, you're ignorant. Our tax dollars are spent everywhere...I don't spend a second of my day worrying about what any Mayor in any random red city is doing.

And you're projecting again...you're the one who had a wife who divorced them, not me.

TBF, NYC isn't just a typical random city. It's the hub of finance in our country, and seeing a socialist mayor elected SHOULD BE concerning to many people outside of NYC. We'll see how it goes. I strongly doubt he does a good job.

The city survived that last moron, I'll think they'll manage this one too.

(11-05-2025 11:04 AM)TripleA Wrote:  

(11-05-2025 10:48 AM)ballantyneapp Wrote:  

(11-05-2025 10:39 AM)GeminiCoog Wrote:  

(11-05-2025 10:32 AM)Eldonabe Wrote:  I honestly cannot wait to watch NYC implode.

Everyone who wants it for free will stay and many more of the same will go there, and everyone who is expected to pay for all of this will be gone.

They are gonna make San Francisco look like a day at the beach.


If Dow Jones packs it up, NYC is dead.

Yep. The only question is, "Where will the NYSE go? Will it move down south to...Florida or Texas, perhaps?" (Okay, that's two questions, but you get my point. lol)

its going to take more than 1 term of a democratic socialist (not a socialist) to get the NYSE to move. Investment companies have spent $Bs in infrstructure on the NYSE to get information marginally faster than competitors. No one has the kind of Airport infrastructure to handle the international demand of greater NY either. His economic policies are to raise corporate income tax to match NJ and raise income tax for >$1MM income 2%. Likely to see some flight but I bet dollars to donuts corporations will not move over that kind of tax increase.

I read an article a few days ago talking about the financial flight from NYC to Texas, that a good part of the infrastructure has already moved, and with Mamdani's win, it is likely to amplify quickly.

There actually is a scenario where Texas replaces NYC as the financial capitol of the world. In the not-so-distant future.

I don't think you're aware of the type of infrastructure thats required. We're talking billions to lay underwater FO between NY-London to get information a few MS faster.

about 3/4 of the trades done on NYSE are done algorithmically. That few MS actually results in $B each year. I think it would cost hundreds of billions if not trillions of dollars to offer the kind of infrastructure already set up in NYC.

Whats it cost to lay fiber from Austin to London?

as Tanq mentioned, people can make all kinds of promises (releasing Epstein files on day 1, Mexico will pay for the wall etc). The question is what levers can they actually pull.

(11-05-2025 10:38 AM)tanqtonic Wrote:  

(11-05-2025 09:56 AM)miko33 Wrote:  

(11-05-2025 09:43 AM)Redwingtom Wrote:  

(11-05-2025 09:29 AM)UofMstateU Wrote:  

(11-05-2025 09:24 AM)Redwingtom Wrote:  Why the **** do you even care?

Because our tax dollars are being spent there. Not that you would know anything about that. People on spousal support usually dont pay taxes.

FFS, you're ignorant. Our tax dollars are spent everywhere...I don't spend a second of my day worrying about what any Mayor in any random red city is doing.

And you're projecting again...you're the one who had a wife who divorced them, not me.

TBF, NYC isn't just a typical random city. It's the hub of finance in our country, and seeing a socialist mayor elected SHOULD BE concerning to many people outside of NYC. We'll see how it goes. I strongly doubt he does a good job.

Yet in order they previously elected Bloomberg, DeBlasio, and Adams. Each was touted (especially DeBlasio) with the same type of aim, and potential effect.

NYC (or any city) really cannot move the needle on anything outside its own area, and even in its own area, the actions of a city are put on pretty tight leash.

Yes its the hub of finance in our country. I dont see how a mayor of NY can affect that in the slightes -- the 'closest' governing entity that conceivably could affect that is the State of New York.

So great, Zohran gets elected with a background of democratic socialism. All he can really do is confined to City actions, and even then, and even no matter how zealous a Democratic Socialist he is -- his actions have to be governed by his tax coffers. And the limitations of the office. Both of which he really cannot go out and affect on a grand scale in the slightest.

Its like my friend who ran for a County District Clerk of a major metro area. Her first campaign was filled with all sorts of paeans to her very progressive politics -- all of which meant *zero* in the position she ran for and ultimately won.

Zohan talks a big epoch game -- but the game he can actually play is highly restricted in what it can do by the State of New York.

The 1970s is holding on line 1 and someone named Naive is on line 2... full retard on line 3


Sent from my SM-S928U using Tapatalk

(11-05-2025 10:56 AM)TripleA Wrote:  

(11-05-2025 10:38 AM)tanqtonic Wrote:  

(11-05-2025 09:56 AM)miko33 Wrote:  

(11-05-2025 09:43 AM)Redwingtom Wrote:  

(11-05-2025 09:29 AM)UofMstateU Wrote:  Because our tax dollars are being spent there. Not that you would know anything about that. People on spousal support usually dont pay taxes.

FFS, you're ignorant. Our tax dollars are spent everywhere...I don't spend a second of my day worrying about what any Mayor in any random red city is doing.

And you're projecting again...you're the one who had a wife who divorced them, not me.

TBF, NYC isn't just a typical random city. It's the hub of finance in our country, and seeing a socialist mayor elected SHOULD BE concerning to many people outside of NYC. We'll see how it goes. I strongly doubt he does a good job.

Yet in order they previously elected Bloomberg, DeBlasio, and Adams. Each was touted (especially DeBlasio) with the same type of aim, and potential effect.

NYC (or any city) really cannot move the needle on anything outside its own area, and even in its own area, the actions of a city are put on pretty tight leash.

Yes its the hub of finance in our country. I dont see how a mayor of NY can affect that in the slightes -- the 'closest' governing entity that conceivably could affect that is the State of New York.

So great, Zohran gets elected with a background of democratic socialism. All he can really do is confined to City actions, and even then, and even no matter how zealous a Democratic Socialist he is -- his actions have to be governed by his tax coffers. And the limitations of the office. Both of which he really cannot go out and affect on a grand scale in the slightest.

Its like my friend who ran for a County District Clerk of a major metro area. Her first campaign was filled with all sorts of paeans to her very progressive politics -- all of which meant *zero* in the position she ran for and ultimately won.

Zohan talks a big epoch game -- but the game he can actually play is highly restricted in what it can do by the State of New York.

We agree on something. Twice inside 24 hours.

The more disturbing notion is that this becomes a national trend at some point and grows beyond blue cities. To blue states, then nationally.

Then we have an abominable mess on our hands.

See California...

Agree with an earlier poster we are already in a cold civil war.



Sent from my SM-S928U using Tapatalk

(11-05-2025 11:25 AM)ballantyneapp Wrote:  

(11-05-2025 11:04 AM)TripleA Wrote:  

(11-05-2025 10:48 AM)ballantyneapp Wrote:  

(11-05-2025 10:39 AM)GeminiCoog Wrote:  

(11-05-2025 10:32 AM)Eldonabe Wrote:  I honestly cannot wait to watch NYC implode.

Everyone who wants it for free will stay and many more of the same will go there, and everyone who is expected to pay for all of this will be gone.

They are gonna make San Francisco look like a day at the beach.


If Dow Jones packs it up, NYC is dead.

Yep. The only question is, "Where will the NYSE go? Will it move down south to...Florida or Texas, perhaps?" (Okay, that's two questions, but you get my point. lol)

its going to take more than 1 term of a democratic socialist (not a socialist) to get the NYSE to move. Investment companies have spent $Bs in infrstructure on the NYSE to get information marginally faster than competitors. No one has the kind of Airport infrastructure to handle the international demand of greater NY either. His economic policies are to raise corporate income tax to match NJ and raise income tax for >$1MM income 2%. Likely to see some flight but I bet dollars to donuts corporations will not move over that kind of tax increase.

I read an article a few days ago talking about the financial flight from NYC to Texas, that a good part of the infrastructure has already moved, and with Mamdani's win, it is likely to amplify quickly.

There actually is a scenario where Texas replaces NYC as the financial capitol of the world. In the not-so-distant future.

I don't think you're aware of the type of infrastructure thats required. We're talking billions to lay underwater FO between NY-London to get information a few MS faster.

about 3/4 of the trades done on NYSE are done algorithmically. That few MS actually results in $B each year. I think it would cost hundreds of billions if not trillions of dollars to offer the kind of infrastructure already set up in NYC.

Whats it cost to lay fiber from Austin to London?

as Tanq mentioned, people can make all kinds of promises (releasing Epstein files on day 1, Mexico will pay for the wall etc). The question is what levers can they actually pull.

Dude, I'm 78 years old. I spent a number of years working in NYC for various companies, including ConEd and others involved in exactly what you are talking about.

Don't tell me you think I'm not aware of the infrastructure it takes. I actually worked in it, doofus. For years.

You act like nothing can be replicated. You realize they did it once, right? Also, there are things called work-arounds. And better technology. And innovation. And expediency. Oh, and satellites.

How do you think they already managed to move some of it to Texas?

Oh, and wipe that water from behind your ears, kid. You are WAY too big for your little boy britches.

(11-05-2025 09:51 AM)EigenEagle Wrote:  The biggest myth of politics is that the political center is right-of-center economically and left-of-center culturally. It's the exact opposite of that. The only people who believe that are those that only socialize with people on the cocktail circuit.

Steve Bannon is basically right. We can either get rid of all the social Darwinist weirdos that want to get rid of Social Security and Medicare or we can lose the culture wars. If we let all of these globalist billionaires wreck the social safety net the left will inevitably take power and win on issues like men in women's sports, open borders, DEI, etc.

It's amazing to me that some Republicans thought this election would go well for them when you're basically holding substantial premium increases over the American people. MTG is also right, BTW. If you don't want universal health care Republicans will have to fix the health care system.

Truest thing ever spoken on this board, from someone I know I don't have alignment with on a lot of things. The Dems also want to believe this exact paradigm exists as well. It's because the establishments of both sides basically want a relatively similar type of economics and want the entire battle ground to be on cultural issues. There's a political lane big enough to drive a truck through if anyone would actually fully embrace left of center economics and centrist to right of center culturally (depending on the specific issue). The problem is all of the big money interests on both sides are fully invested in perpetuating the myth that the true center resides in the exact opposite place it does.

(11-05-2025 10:30 AM)stinkfist Wrote:  

(11-05-2025 10:27 AM)tanqtonic Wrote:  

(11-05-2025 09:51 AM)EigenEagle Wrote:  The biggest myth of politics is that the political center is right-of-center economically and left-of-center culturally. It's the exact opposite of that. The only people who believe that are those that only socialize with people on the cocktail circuit.

Steve Bannon is basically right. We can either get rid of all the social Darwinist weirdos that want to get rid of Social Security and Medicare or we can lose the culture wars. If we let all of these globalist billionaires wreck the social safety net the left will inevitably take power and win on issues like men in women's sports, open borders, DEI, etc.

It's amazing to me that some Republicans thought this election would go well for them when you're basically holding substantial premium increases over the American people. MTG is also right, BTW. If you don't want universal health care Republicans will have to fix the health care system.

I wish they would fix the system. Somehow the repubs are unable to even put together a plan to replace the current one.

b/c there isn't one w/o taking monies away from some 'groups'...

it's puttin' back the genie in the bottle scenario...

in politics, that's a death wish...

"It's the Republicans' fault Medical Insurance is bad because they haven't come up with something to replace Obamacare!!!" You can't make this up. I know, how bout you have to get a job to get Medical Insurance if you aren't 100% disabled or 65 or older? Sounds pretty simple to me. Obamacare did what it was supposed to do. Destroy the private medical insurance business so the Feds were in control of your health. What could go wrong? Hey Stink, I see Johnny Dupree is back in business up around your way. People are so stupid.

(11-05-2025 11:36 AM)TripleA Wrote:  

(11-05-2025 11:25 AM)ballantyneapp Wrote:  

(11-05-2025 11:04 AM)TripleA Wrote:  

(11-05-2025 10:48 AM)ballantyneapp Wrote:  

(11-05-2025 10:39 AM)GeminiCoog Wrote:  Yep. The only question is, "Where will the NYSE go? Will it move down south to...Florida or Texas, perhaps?" (Okay, that's two questions, but you get my point. lol)

its going to take more than 1 term of a democratic socialist (not a socialist) to get the NYSE to move. Investment companies have spent $Bs in infrstructure on the NYSE to get information marginally faster than competitors. No one has the kind of Airport infrastructure to handle the international demand of greater NY either. His economic policies are to raise corporate income tax to match NJ and raise income tax for >$1MM income 2%. Likely to see some flight but I bet dollars to donuts corporations will not move over that kind of tax increase.

I read an article a few days ago talking about the financial flight from NYC to Texas, that a good part of the infrastructure has already moved, and with Mamdani's win, it is likely to amplify quickly.

There actually is a scenario where Texas replaces NYC as the financial capitol of the world. In the not-so-distant future.

I don't think you're aware of the type of infrastructure thats required. We're talking billions to lay underwater FO between NY-London to get information a few MS faster.

about 3/4 of the trades done on NYSE are done algorithmically. That few MS actually results in $B each year. I think it would cost hundreds of billions if not trillions of dollars to offer the kind of infrastructure already set up in NYC.

Whats it cost to lay fiber from Austin to London?

as Tanq mentioned, people can make all kinds of promises (releasing Epstein files on day 1, Mexico will pay for the wall etc). The question is what levers can they actually pull.

Dude, I'm 78 years old. I spent a number of years working in NYC for various companies, including ConEd and others involved in exactly what you are talking about.

Don't tell me you think I'm not aware of the infrastructure it takes. I actually worked in it, doofus. For years.

You act like nothing can be replicated. You realize they did it once, right? Also, there are things called work-arounds. And better technology. And innovation. And expediency. Oh, and satellites.

How do you think they already managed to move some of it to Texas?

Oh, and wipe that water from behind your ears, kid. You are WAY too big for your little boy britches.

you are showing whatever your experience is, you really don't understand this at all.

Latency lag alone would kill anybody trading out of Texas long term with satellites. Not to mention imagine not being able to trade everytime a thunderstorm rolls through Texas. Does that happen ever? A computer trading in NYC has already disseminated information received from London and made a trade before a computer in Texas can even send information to a satellite relay. Not competitive.

I didn't say that there aren't workarounds, or the ability to move to Texas. I said it would cost a lot of money.

(11-05-2025 10:41 AM)olliebaba Wrote:  It's amazing that someone who has never held a decent job or amounted to anything by himself, in other words, a basement dweller could have bamboozled so many people. But, I guess the promise of "freebies" can sway most free loaders and dumb S Demonic voters.

I wonder how many stupid Jews voted for him? If they did, boy, they are some special kind of stupid. LOL

What "decent job" or "amounting to anything by himself" has fail son of the Cuomo New York dynasty had exactly? If you look at every single position this man ever held you can point directly to his much more competent and talented father being responsible. From starting as his dad's campaign manager, to be a policy advisor to his father, to being an assistant DA (because of his last name) he's literally accomplished nothing that didn't come directly from being a Cuomo.

It doesn't matter if you like his politics or not, you couldn't be more directly and completely wrong about which of the 2 in this race had to actually earn and work to get to this place vs was just given it and doing absolutely nothing for it.

(11-05-2025 11:04 AM)TripleA Wrote:  

(11-05-2025 10:48 AM)ballantyneapp Wrote:  

(11-05-2025 10:39 AM)GeminiCoog Wrote:  

(11-05-2025 10:32 AM)Eldonabe Wrote:  I honestly cannot wait to watch NYC implode.

Everyone who wants it for free will stay and many more of the same will go there, and everyone who is expected to pay for all of this will be gone.

They are gonna make San Francisco look like a day at the beach.


If Dow Jones packs it up, NYC is dead.

Yep. The only question is, "Where will the NYSE go? Will it move down south to...Florida or Texas, perhaps?" (Okay, that's two questions, but you get my point. lol)

its going to take more than 1 term of a democratic socialist (not a socialist) to get the NYSE to move. Investment companies have spent $Bs in infrstructure on the NYSE to get information marginally faster than competitors. No one has the kind of Airport infrastructure to handle the international demand of greater NY either. His economic policies are to raise corporate income tax to match NJ and raise income tax for >$1MM income 2%. Likely to see some flight but I bet dollars to donuts corporations will not move over that kind of tax increase.

I read an article a few days ago talking about the financial flight from NYC to Texas, that a good part of the infrastructure has already moved, and with Mamdani's win, it is likely to amplify quickly.

There actually is a scenario where Texas replaces NYC as the financial capitol of the world. In the not-so-distant future.

Don't think that is likely. Texas lost all its big banks in the mid 1980s oil bust. Only a few, like Texas Commerce Bank, sold to Chase, sold before they collapsed. All of the top 10 banks except Frost, which was mostly San Antonio and Corpus Christi, were sold or went under in a few years. All the top S&Ls collapsed. There's just not enough bank infrastructure left. Texas has a shortage of banks and venture capital (heavily west coast).

(11-05-2025 11:44 AM)Eagleaidaholic Wrote:  

(11-05-2025 10:30 AM)stinkfist Wrote:  

(11-05-2025 10:27 AM)tanqtonic Wrote:  

(11-05-2025 09:51 AM)EigenEagle Wrote:  The biggest myth of politics is that the political center is right-of-center economically and left-of-center culturally. It's the exact opposite of that. The only people who believe that are those that only socialize with people on the cocktail circuit.

Steve Bannon is basically right. We can either get rid of all the social Darwinist weirdos that want to get rid of Social Security and Medicare or we can lose the culture wars. If we let all of these globalist billionaires wreck the social safety net the left will inevitably take power and win on issues like men in women's sports, open borders, DEI, etc.

It's amazing to me that some Republicans thought this election would go well for them when you're basically holding substantial premium increases over the American people. MTG is also right, BTW. If you don't want universal health care Republicans will have to fix the health care system.

I wish they would fix the system. Somehow the repubs are unable to even put together a plan to replace the current one.

b/c there isn't one w/o taking monies away from some 'groups'...

it's puttin' back the genie in the bottle scenario...

in politics, that's a death wish...

"It's the Republicans' fault Medical Insurance is bad because they haven't come up with something to replace Obamacare!!!" You can't make this up. I know, how bout you have to get a job to get Medical Insurance if you aren't 100% disabled or 65 or older? Sounds pretty simple to me. Obamacare did what it was supposed to do. Destroy the private medical insurance business so the Feds were in control of your health. What could go wrong? Hey Stink, I see Johnny Dupree is back in business up around your way. People are so stupid.

Not so simple when you work for yourself. Or have a small company. Or previously, when someone in your family had a chronic fatal issue.

But hey, simply go get a job somewhere else. Cool cool.

Look, the previous system was good at some things, and fing sucked at others. ACA fixed some things, but sucks at others. before we toss ACA, yes -- whomever ditches it absolutely should have a replacement ready to go. Notwithstanding your temper tantrum.

They won’t all move to the same place. Dallas, Atlanta, Charlotte, Miami — and others — will all get something.

And sure, NYC is not going to lose every single financial job that it currently has. But a lot of them, yeah.

(11-05-2025 12:00 PM)Native Georgian Wrote:  They won’t all move to the same place. Dallas, Atlanta, Charlotte, Miami — and others — will all get something.

And sure, NYC is not going to lose every single financial job that it currently has. But a lot of them, yeah.

I dont think there will be a move to a lot of other places.

Financial services tend to stack in certain areas. Just like tech sector. It creates its own life system in place.

The functions and companies that *dont* need that deep ecosystem may very well part ways. Those that do need it, or thrive being in it just arent going to pack up and head to a leaner ecosystem as you noted above.

The only one that I see having the bility to bring that latter group you mention above is the Charlotte area -- that has become the 2nd locus of one segment of the financial services. Kind of what Austin is to Silicon Valley -- the poorer, leaner, half step son of the tech industry.

There is really only one other semi-major place to relocate -- SF. That being the gatehead to the Pacific Rim but still in ConUS.

STILL the dumbest president, ever.

Fat Commie Dude really can't get over the fact Biden sucked, Obama was horsecrap, and Trump is better than both. Sad.

(11-05-2025 11:44 AM)Eagleaidaholic Wrote:  

(11-05-2025 10:30 AM)stinkfist Wrote:  

(11-05-2025 10:27 AM)tanqtonic Wrote:  

(11-05-2025 09:51 AM)EigenEagle Wrote:  The biggest myth of politics is that the political center is right-of-center economically and left-of-center culturally. It's the exact opposite of that. The only people who believe that are those that only socialize with people on the cocktail circuit.

Steve Bannon is basically right. We can either get rid of all the social Darwinist weirdos that want to get rid of Social Security and Medicare or we can lose the culture wars. If we let all of these globalist billionaires wreck the social safety net the left will inevitably take power and win on issues like men in women's sports, open borders, DEI, etc.

It's amazing to me that some Republicans thought this election would go well for them when you're basically holding substantial premium increases over the American people. MTG is also right, BTW. If you don't want universal health care Republicans will have to fix the health care system.

I wish they would fix the system. Somehow the repubs are unable to even put together a plan to replace the current one.

b/c there isn't one w/o taking monies away from some 'groups'...

it's puttin' back the genie in the bottle scenario...

in politics, that's a death wish...

"It's the Republicans' fault Medical Insurance is bad because they haven't come up with something to replace Obamacare!!!" You can't make this up. I know, how bout you have to get a job to get Medical Insurance if you aren't 100% disabled or 65 or older? Sounds pretty simple to me. Obamacare did what it was supposed to do. Destroy the private medical insurance business so the Feds were in control of your health. What could go wrong? Hey Stink, I see Johnny Dupree is back in business up around your way. People are so stupid.

yep, no way around it for that position ... after 12 years of thinking he was more by running for governor, US house, and SoS, he finally found his token 'niche' as a senate district rep via a ruling by the MS supremes due to 'diluting the tokens' ... somehow, he'll manage to muck it ... oh, wellzy...

addendum: at least the 'burg finally got rid of him and the last minute 'out of the trunk' ballots ...

Over 100 posts and extra long posts when it's a simple things:

1. Blue states voted blue

2. The only reasons Republicans had hopes in some of these elections was because Trump was on the ballot in 2024 that shifted those states slightly rightward and these Dem candidates had troubling history. Trump wasn’t on the ballot and dem voters didn’t care about troubling history

3. Women once again carried dems to victory bases on the numbers

The end

(11-05-2025 11:44 AM)Eagleaidaholic Wrote:  

(11-05-2025 10:30 AM)stinkfist Wrote:  

(11-05-2025 10:27 AM)tanqtonic Wrote:  

(11-05-2025 09:51 AM)EigenEagle Wrote:  The biggest myth of politics is that the political center is right-of-center economically and left-of-center culturally. It's the exact opposite of that. The only people who believe that are those that only socialize with people on the cocktail circuit.

Steve Bannon is basically right. We can either get rid of all the social Darwinist weirdos that want to get rid of Social Security and Medicare or we can lose the culture wars. If we let all of these globalist billionaires wreck the social safety net the left will inevitably take power and win on issues like men in women's sports, open borders, DEI, etc.

It's amazing to me that some Republicans thought this election would go well for them when you're basically holding substantial premium increases over the American people. MTG is also right, BTW. If you don't want universal health care Republicans will have to fix the health care system.

I wish they would fix the system. Somehow the repubs are unable to even put together a plan to replace the current one.

b/c there isn't one w/o taking monies away from some 'groups'...

it's puttin' back the genie in the bottle scenario...

in politics, that's a death wish...

"It's the Republicans' fault Medical Insurance is bad because they haven't come up with something to replace Obamacare!!!" You can't make this up. I know, how bout you have to get a job to get Medical Insurance if you aren't 100% disabled or 65 or older? Sounds pretty simple to me. Obamacare did what it was supposed to do. Destroy the private medical insurance business so the Feds were in control of your health. What could go wrong? Hey Stink, I see Johnny Dupree is back in business up around your way. People are so stupid.

Your take makes sense. However, if you had control of both chambers and ultimately failed to find a better replacement to Obamacare…then what good are you as a party? That’s also a reasonable take.

(11-05-2025 11:48 AM)ballantyneapp Wrote:  

(11-05-2025 11:36 AM)TripleA Wrote:  

(11-05-2025 11:25 AM)ballantyneapp Wrote:  

(11-05-2025 11:04 AM)TripleA Wrote:  

(11-05-2025 10:48 AM)ballantyneapp Wrote:  its going to take more than 1 term of a democratic socialist (not a socialist) to get the NYSE to move. Investment companies have spent $Bs in infrstructure on the NYSE to get information marginally faster than competitors. No one has the kind of Airport infrastructure to handle the international demand of greater NY either. His economic policies are to raise corporate income tax to match NJ and raise income tax for >$1MM income 2%. Likely to see some flight but I bet dollars to donuts corporations will not move over that kind of tax increase.

I read an article a few days ago talking about the financial flight from NYC to Texas, that a good part of the infrastructure has already moved, and with Mamdani's win, it is likely to amplify quickly.

There actually is a scenario where Texas replaces NYC as the financial capitol of the world. In the not-so-distant future.

I don't think you're aware of the type of infrastructure thats required. We're talking billions to lay underwater FO between NY-London to get information a few MS faster.

about 3/4 of the trades done on NYSE are done algorithmically. That few MS actually results in $B each year. I think it would cost hundreds of billions if not trillions of dollars to offer the kind of infrastructure already set up in NYC.

Whats it cost to lay fiber from Austin to London?

as Tanq mentioned, people can make all kinds of promises (releasing Epstein files on day 1, Mexico will pay for the wall etc). The question is what levers can they actually pull.

Dude, I'm 78 years old. I spent a number of years working in NYC for various companies, including ConEd and others involved in exactly what you are talking about.

Don't tell me you think I'm not aware of the infrastructure it takes. I actually worked in it, doofus. For years.

You act like nothing can be replicated. You realize they did it once, right? Also, there are things called work-arounds. And better technology. And innovation. And expediency. Oh, and satellites.

How do you think they already managed to move some of it to Texas?

Oh, and wipe that water from behind your ears, kid. You are WAY too big for your little boy britches.

you are showing whatever your experience is, you really don't understand this at all.

Latency lag alone would kill anybody trading out of Texas long term with satellites. Not to mention imagine not being able to trade everytime a thunderstorm rolls through Texas. Does that happen ever? A computer trading in NYC has already disseminated information received from London and made a trade before a computer in Texas can even send information to a satellite relay. Not competitive.

I didn't say that there aren't workarounds, or the ability to move to Texas. I said it would cost a lot of money.

Well, they're moving, regardless of your knowledge or lack thereof. And it may get worse with the Commie in charge now.