Gasparino Reassures New Yorkers: 1975 Financial Rules Keep City Safe Despite Mamdani’s Socialist Rhetoric

Gasparino Reassures New Yorkers: 1975 Financial Rules Keep City Safe Despite Mamdani’s Socialist Rhetoric

NEW YORK – In a Sunday article for the New York Post, renowned Wall Street reporter Charles Gasparino moved to reassure anxious New Yorkers after Mayor-elect Zohran Mamdani’s victory, emphasizing that the city’s long-standing financial safeguards will prevent any radical socialist overhaul. Gasparino highlighted the Financial Emergency Act of 1975, established by former Gov. Hugh […]

The Socialist Hypothesis Has Been Falsified — Did New York Get the Memo? › American Greatness

In January 1996, Democratic President Bill Clinton declared during his State of the Union address that “the era of big government is over.” And following […] Source

Financial News Network - FOX Business special explores how socialism's rise threatens America’s prosperity after Mamdani win

Democratic socialist Zohran Mamdani's NYC mayoral victory signals socialism's growing appeal in America's financial capital, sparking debate over capitalism's future.Read More …