A red flag is about to be hoisted over City Hall in Manhattan. That will signal the start of the Gucci-clad refugee crisis, and the governors of Texas and Florida are slugging it out to have their state seen as the premier destination for America’s best and brightest.
Wall Street warriors have every reason to fear that Mayor-elect Zohran Mamdani will follow through on his threat to redistribute their wealth. The smart ones began packing even before Mr. Mamdani had a chance to wrap his agenda around the memory of revolutionary Socialist Party icon Eugene Debs in his victory speech last week.
“So, Donald Trump, since I know you’re watching, I have four words for you: Turn the volume up,” said Mr. Mamdani. “We will hold bad landlords to account, because the Donald Trumps of our city have grown far too comfortable taking advantage of their tenants. We will put an end to the culture of corruption that has allowed billionaires like Trump to evade taxation and exploit tax breaks.”…