New York Told Ken Griffin To Leave...And He Listened
Submitted by QTR's Fringe Finance
Congratulations, Zohran Mamdani. Truly. This is elite governance. World-class stuff.
You publicly singled out one of the largest taxpayers, employers, and investors in New York City, used his apartment as a campaign backdrop your for freshman year at Pratt “tax the rich” art project, and now that same billionaire is openly admitting he’s doubling down on Miami instead of spending more in New York.
Brilliant stuff. Innovative economic development strategy at work. Two weeks ago, honestly, all you had to do was read the damn title: Mamdani Is Destroying The Tax Base His Stupid Ideas Desperately Need
According to Bloomberg yesterday, Ken Griffin said Citadel is now making its planned Miami headquarters even bigger after Mamdani decided it would be politically advantageous to make him the face of “wealth inequality” in a social media video.
Griffin called the video “creepy and weird,” which, honestly, feels restrained considering the sitting mayor of America’s largest city essentially filmed a personalized ransom note outside his home.
And the best part? This was entirely avoidable. Nobody is saying billionaires should be immune from criticism. Nobody is arguing tax policy shouldn’t be debated. But there’s a meaningful distinction between crafting policy and behaving like a petulent, emotionally unstable, 17 year old, double masked Reddit moderator chugging Mountain Dew in his mother’s basement while banning opinions he doesn’t like because of “misinformation”.
Last week I wrote that Mamdani was actively undermining the tax base he needs to fund his fantasyland agenda. Apparently that was too subtle, because now Griffin has essentially confirmed that exact concern in plain English. He said Mamdani’s rhetoric reminded him of the same hostile political climate that pushed him out of Chicago in the first place.
Close your eyes for a second and imagine being such a gifted policymaker that you successfully recreate the conditions people explicitly fled. Now, imagine doing it by targeting the wealthy…while your wife trots around New York City in $630 boots and a Balenciaga coat. That’s a talent that could only be perfect for politics in America...(READ THIS FULL ARTICLE 100% FREE HERE).