I warned you about this. The Dems are playing hardball, while the GOP plays wiffleball.
Don’t miss my show today on Rumble at 11a for the story.
Watch here. 👇🏻
https://rumble.com/c/Bongino
The five financial institutions mentioned here are Goldman Sachs, JPMorgan Chase, Wells Fargo, Charles Schwab, and Bank of America. Not exactly little Mom and Pop organizations.
We can't blame Big Finance for bailing, except to the extent that the people working in the field voted for this, and who really should have known better. But these things start small, and balloon; now, with the election of Mamdani, the city may be about to enter a doom spiral, where the last few productive people move out. Oh, there will still be a city. The new New York's population will fall broadly into two groups:
A few wealthy elites who can afford to live under a Communist city government, and who likely have most of their fortunes safely stashed in Switzerland or the Cayman Islands
The ones who voted for Santa Claus, to keep that supply of free Schiff they were promised.