Zohran meets with business CEOs in NYC
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Fox News
39 minutes ago
- Fox News
Democrats like Zohran Mamdani claim to embrace young people. They're betraying them
The Democratic Party's shift began quietly under President Bill Clinton with promises of welfare reform and opportunity for all. However, those promises are now a distant memory. The party is now a haven for elites who virtue-signal from their penthouses while pushing policies that crush economic mobility for the American working class. Democratic socialist Zohran Mamdani, the 33-year-old frontrunner for New York City mayor, embodies that betrayal. The son of Oscar-nominated filmmaker Mira Nair and a prominent academic, he enjoys a six-figure salary while railing against privilege and taking advantage of a rent-controlled apartment meant for struggling families. This is elite entitlement disguised as socialism, not genuine populism. Mamdani's proposal for a citywide rent freeze affecting 2 million tenants and 200,000 subsidized units may sound compassionate, but it is a recycled failure. California and Seattle tried this playbook and the results were predictable: the housing supply shrank, landlords fled, and renters were left stuck in deteriorating units. For young Americans already crushed by $1.7 trillion in student debt, this means a lifetime of renting with no chance to build wealth. His plan for government-run supermarkets would be just as destructive, stiffling private innovation, gutting small businesses and creating another costly and inefficient bureaucracy. From a collapsing housing market to soaring food costs, Mamdani's $30 minimum wage proposal is another disastrous policy. It may briefly raise paychecks, but it will drive layoffs, fuel automation and force small businesses to close. The damage would hit hardest at a time when youth unemployment is already near 15 percent. This directly mirrors the Biden-Harris era of inflationary, anti-growth policies that destroyed the purchasing power of young Americans. The threat goes beyond paychecks. Mamdani doubles down on sanctuary city policies while pushing to reduce the NYPD as New York struggles with the arrival of approximately 200,000 illegal immigrants since 2022 who have overwhelmed New York's housing and public services. This results in fiercer competition for apartments, higher costs and eroding public safety. On education, he backs union-driven education, weakening mayoral control to prioritize political agendas over academic excellence. Mamdani's "Green Schools for a Healthier NYC" initiative, estimated to cost $3.27 billion over 10 years, claims to modernize school buildings with eco-upgrades. This vanity project, funded by taxing the rich, would ultimately hit middle-class families through higher rent, increased utility bills and fewer jobs. The pattern is a repeat of a failed Los Angeles attempt for a green school program that exploded costs far beyond initial estimates, forcing cuts to other public services while taxpayers were left with the bill. Instead of creating opportunity, Mamdani's scheme would saddle the next generation with higher taxes and fewer economic opportunities for a better life. We do not need to guess how Mamdani's socialist agenda would turn out, it has already been tested and failed in America's big cities. Just look at Chicago under former Mayor Lori Lightfoot. Her progressive agenda mirrors Mamdani's platforms, such as union control over schools, unsustainable social spending, soft-on-crime policies and a community-centered activist approach to policing that ultimately reduced the police force. The result was devastating yet predictable: violent crime surged 52%, the "share of carjackings by juveniles more than doubled, from 18% to 41%, according to CBS News," businesses shut down, and schools fell deeper into dysfunction with declining enrollment and academic performance. Lightfoot became the first Chicago mayor in 40 years to lose re-election, proof that policies promising "equity" deliver chaos. Globally, Mamdani's democratic socialism brand follows the ruins of Hugo Chávez's Venezuela, where price controls and nationalization promised equality but delivered hyperinflation exceeding 10 million percent, triggering an economic crisis that ultimately drove millions of young people to flee in search of better living and working conditions. The same failures followed Fidel Castro's Cuba, where he aimed for "equity" but rent freezes led to decaying infrastructure and generations trapped in poverty. Socialist experiments always come wrapped in grand promises, but they leave the working class paying the price while elites like Mamdani remain shielded from the fallout. Young Americans cannot afford to be the next casualties of an elite experiment disguised as progress. The way forward is rooted in free-market growth, lower taxes, fewer regulations, and policies that reward work rather than dependency. It is our time to reject the cycle of socialist promises and economic failure. The future of our youth and the strength of our nation hinge on rejecting the Democrats' betrayal before it locks another generation into decline.
Yahoo
2 hours ago
- Yahoo
Oil Gains as Focus Shifts to Zelenskiy Meet After Alaska Summit
(Bloomberg) -- Oil rose as investors turned their attention to Donald Trump's meeting with Volodymyr Zelenskiy on Monday, with the Ukrainian leader facing US pressure to reach a peace deal with Russia that involves ceding territory. The US-Canadian Road Safety Gap Is Getting Wider A Photographer's Pipe Dream: Capturing New York's Vast Water System Festivals and Parades Are Canceled Amid US Immigration Anxiety A London Apartment Tower With Echoes of Victorian Rail and Ancient Rome Princeton Plans New Budget Cuts as Pressure From Trump Builds Brent traded near $66 a barrel after closing 1.5% lower in the previous session, while West Texas Intermediate was above $63. In a show of support, European leaders including European Commission President Ursula von der Leyen, French President Emmanuel Macron, and NATO Secretary-General Mark Rutte, will join the high-stakes meeting in Washington with Trump and Zelenskiy. The US president said after his talks with Vladimir Putin in Alaska on Friday that he'll urge Zelenskiy to make a quick deal, and sounded receptive to the Russian leader's demand that Ukraine give up large swathes of land. 'We're still a long ways off,' Secretary of State Marco Rubio, who took part in the summit, told Fox News on Sunday. 'We are not at the precipice of a peace agreement. We are not at the edge of one. But I do think progress was made.' Trump told European leaders after the meeting that the US could contribute to any security guarantees, and that Putin was prepared to accept that. However, it remains unclear what kind of guarantees are being discussed with the Russian leader, and what the Kremlin is willing to accept. In a Truth Social post late Sunday, Trump said Zelenskiy 'can end the war with Russia almost immediately, if he wants to, or he can continue to fight.' He also made a reference to Crimea, without providing further details. Prior to the summit in Alaska, Trump told allies that reaching a ceasefire would be his key demand, and threatened to walk out of the talks and impose tough new measures on Moscow and countries buying its oil if it wasn't met. On Friday, the US president signaled he was in no hurry to implement penalties. So far, Trump has singled out India for buying Russian crude, slapping the South Asian nation with hefty tariffs for doing so. However, the US president said in a Fox News interview on Friday that he will hold off increasing levies on Chinese goods due to the country's purchases of Moscow's crude. 'The fact that further meetings are taking place here is a positive,' said Robert Rennie, the head of commodity and carbon research at Westpac Banking Corp. Talks around seeking a resolution to the Ukraine war have injected uncertainty into the market, and led to oil trading in a narrow range recently. Still, futures are down more than 10% this year on concerns around the fallout from Trump's trade policies and as OPEC+ rapidly returns idled barrels to the market. What Declining Cardboard Box Sales Tell Us About the US Economy Americans Are Getting Priced Out of Homeownership at Record Rates Living With 12 Strangers to Ease a Housing Crunch Bessent on Tariffs, Deficits and Embracing Trump's Economic Plan How Syrian Immigrants Are Boosting Germany's Economy ©2025 Bloomberg L.P. 登入存取你的投資組合
Yahoo
3 hours ago
- Yahoo
Fox Host Humiliates Trump With Savage Take on Putin Summit
Fox News host Howard Kurtz has delivered a brutal assessment of President Donald Trump's meeting with Russian President Vladimir Putin. The Media Buzz host said Sunday that 'despite some upbeat talk' after Friday's summit on ending Russia's war in Ukraine, 'it was clear not much was accomplished.' 'No ceasefire, no details, no questions from the press, just vague assurances that some progress was made without explaining what that was,' he continued. Trump remained ambiguous at a joint presser with Putin following the meeting in Anchorage, Alaska, saying that 'many points were agreed to.' He conceded that he 'didn't get there' on the peace deal he's been pushing for Russia and Ukraine. While the presser had initially been billed as a news conference, the two leaders did not take questions from journalists. 'President Trump, to his credit, didn't oversell what happened, or more precisely, what didn't happen,' Kurtz said. He noted that the meeting, which did not include Ukrainian President Volodymyr Zelensky, had been preceded by a White House effort to dramatically lower expectations as it became clear in the days before the summit that Trump would not be able negotiate a deal both Russia and Ukraine would agree to. 'The media reaction to the Alaska session varied sharply, but much of it was negative,' Kurtz observed, before asking guest Rich Lowry, the editor-in-chief of the conservative National Review, if he saw the summit as a 'setback' for Trump. 'Putin moved the ball a little bit in his direction,' Lowry said, 'putting off the talk of the ceasefire, at least for now, and getting Trump to stop threatening secondary sanctions and harsher measures.' However, he said, 'You can't be premature on these things, you can't judge them too quickly,' adding that he remains in 'wait-and-see mode.' Kurtz then highlighted Trump's outburst on Truth Social Sunday morning, when the president raged against negative coverage of the summit in a series of posts, writing, 'Fake News violently distorts the TRUTH when it comes to me.' 'So [Trump] sees this as a success, obviously, and [believes that] the coverage is not going along,' Kurtz said, before noting that Fox News had confirmed that 'Trump is going along with a Putin plan' that includes several costly concessions, including abandoning a ceasefire and ceding the Donbas region of eastern Ukraine. Lowry admitted, 'It's going to be a hard pill to swallow.' However, Secretary of State Marco Rubio pushed back Sunday on reports that Trump supports such a plan, saying, 'These are things that the Ukrainian side is going to have to agree to.' Meanwhile, another guest, former Biden aide Meghan Hays, blasted Trump for letting Putin 'have the red carpet' both 'metaphorically and actually.' Trump welcomed Putin on a red carpet upon his arrival, which marked the first time the Russian dictator had set foot on U.S. soil in a decade. Hays argued that the U.S. had, in effect, 'validated' Putin, and made it an 'ally of Russia, rather than an ally of Ukraine and our NATO allies.' Putin left the summit, which ended earlier than planned, with no new sanctions on his country, despite Trump having threatened them for months before chickening out.
