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Oligarchs 'Terrified' Democratic Socialist Mamdani Might Win NYC Mayoral Primary | Common Dreams (www.commondreams.org)

submitted 6 days ago by pete_link@lemmy.ml to c/usa@lemmy.ml

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cross-posted from: https://lemmy.ml/post/32220256

Brett Wilkins Jun 24, 2025

[Since this article was written, #Mamdani has won the Democratic primary.]

"The prospect a Mamdani victory is deeply worrying to many of the Wall Street bankers, corporate executives, real estate developers, mega-landlords and others who are bankrolling #Cuomo... Backers include billionaire former Mayor Michael Bloomberg; financiers Bill Ackman and Dan Loeb; Wall Street titans Blair Effron, Steve Rattner, and Antonio Weiss; Palantir founder and co-CEO Alex Karp; and former President Bill Clinton."

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[–] Maeve@sh.itjust.works 10 points 6 days ago

I met one of those men, several decades ago, maybe the least worst on the list, maybe not. They can all afford to share the wealth with the rest of the world, via 93% tax rates and a hefty wealth tax.