Mayor Mamdani Budget

It’s a joke if it wasn’t explicitly written in their holy book. But it’s clear they hate dogs, she must think people are as dumb as her to believe it’s a joke🤡🤡
 
Certainly VERY credible sources, considering (1) the YouTube page contains the following caveat: "Altered or synthetic content. Sound or visuals were significantly edited or digitally generated." (2) Absolutely no other documentation exists anywhere else online of this supposed move (is it Citi or Morgan that ostensibly did that? The AI sources seem confused). (3) George Conway who is altered in one of these videos to be providing commentary is currently running for Congress AS A DEMOCRAT and so it is unlikely that he is going to provide any kind of criticism to the most significant Democrat in the City which he wished to represent. (4) The female looks really really AI to me. Okay, number 4 is as objective a critique as these fake videos are. So yes, if he is doing something demonstrable that is negative to the fire service and it is documented then it belongs here. Otherwise this is all useless pandering to negativity. Don't you think that if any of this was accurate, the NY Post or the Wall Street Journal would have trumpeted it?
 
And here are the results of MY AI search:
Based on a review of news reports and financial updates up to March 2, 2026, the claim that JPMorgan has pulled $500 billion out of New York City is not supported by evidence and appears to be a misunderstanding or misrepresentation of market data.
Here are the facts regarding the situation in New York City and JPMorgan as of early 2026:
  • Mayor Zohran Mamdani's Administration: Zohran Mamdani was sworn in as the 112th Mayor of New York City on January 1, 2026. He is navigating a significant budgetary challenge, citing a $12 billion to $12.6 billion fiscal deficit inherited from previous administrations.
  • JPMorgan's Activities: There is no evidence of a $500 billion withdrawal. In fact, reports from late 2025 and early 2026 show JPMorgan actively investing in New York City, including a $3 billion investment in a new global headquarters. The firm is actively participating in major financial deals.
  • Misinterpreted Data: Reports from July 2025 indicated that JPMorgan predicted a "$500 billion wall of money" (referring to a total influx of capital from retail investors) was expected to enter the overall U.S. stock market in the latter half of 2025, not a withdrawal from NYC. Additionally, AI-related investments across the US were projected to hit $500 billion in 2026.
  • "Wealth Flight" Concerns: While some business leaders, including JPMorgan CEO Jamie Dimon, expressed concerns about Mamdani's progressive "tax-and-spend" agenda—which includes hiking taxes on the rich to fund services like free buses and childcare—there has been, as of early 2026, little concrete evidence of a massive, sudden wealth flight.
In summary: Mayor Mamdani is currently managing a $12 billion budget crisis by proposing tax hikes on corporations and high earners. JPMorgan is not pulling $500 billion out of the city, and the "500 billion" figure is likely a misunderstanding of market forecasts or national investment projections.
 
CT Buff said:
And here are the results of MY AI search:
Based on a review of news reports and financial updates up to March 2, 2026, the claim that JPMorgan has pulled $500 billion out of New York City is not supported by evidence and appears to be a misunderstanding or misrepresentation of market data.
Here are the facts regarding the situation in New York City and JPMorgan as of early 2026:
  • Mayor Zohran Mamdani's Administration: Zohran Mamdani was sworn in as the 112th Mayor of New York City on January 1, 2026. He is navigating a significant budgetary challenge, citing a $12 billion to $12.6 billion fiscal deficit inherited from previous administrations.
  • JPMorgan's Activities: There is no evidence of a $500 billion withdrawal. In fact, reports from late 2025 and early 2026 show JPMorgan actively investing in New York City, including a $3 billion investment in a new global headquarters. The firm is actively participating in major financial deals.
  • Misinterpreted Data: Reports from July 2025 indicated that JPMorgan predicted a "$500 billion wall of money" (referring to a total influx of capital from retail investors) was expected to enter the overall U.S. stock market in the latter half of 2025, not a withdrawal from NYC. Additionally, AI-related investments across the US were projected to hit $500 billion in 2026.
  • "Wealth Flight" Concerns: While some business leaders, including JPMorgan CEO Jamie Dimon, expressed concerns about Mamdani's progressive "tax-and-spend" agenda—which includes hiking taxes on the rich to fund services like free buses and childcare—there has been, as of early 2026, little concrete evidence of a massive, sudden wealth flight.
In summary: Mayor Mamdani is currently managing a $12 billion budget crisis by proposing tax hikes on corporations and high earners. JPMorgan is not pulling $500 billion out of the city, and the "500 billion" figure is likely a misunderstanding of market forecasts or national investment projections.
Click to expand...
CT Thank You for Your research and keen eye to detail. Kinda irks Me on a Fire Page that some stoke fear and divisiveness. It was clearly not true , but post it anyway. Good thing some of Us check the source.
 
entropychaser said:
nypost.com

JPMorgan Chase now employs more workers in Texas than NY — top city biz advocate calls it ‘scary’ development

In what a top city business advocate called a “scary” development, finance banking giant JP Morgan and the entire banking sector now employ more workers in Texas than in New York State …
nypost.com nypost.com

And, like me, none of them has any clue what a state income tax form looks like.
Click to expand...
Yup, that employment shift is or ought to be a genuine concern to all northern states. A concern that - like the date of this article - predates the 2025 NYC Mayoral election.
 
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