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by Matt Wolfson
Oct 14, 2025
Coverage of Zohran Mamdani’s run for New York City mayor is focused on the outsized politics at play in the race: democratic socialism, Islam, state-owned grocers, former Governor Andrew Cuomo, until recently incumbent Mayor Eric Adams, and President Donald Trump. But this risks missing the real story in New York, which is the decades-long creation and maintenance of a financialized, factionalized city of free market distortions and middle class displacement at the hands of powerful Zionists and their allies that led to backlash and Mamdani’s rise. Rewinding Mamdani’s catapault to politcal stardom reveals that New York’s current situation—its transition from a city hospitable to the working and middle classes and genuine free exchange of goods and services to a feudal one of government-backed financiers and service workers—is in many ways the work of a little more than a dozen Zionist financiers who twisted government to their ends.
Zionism in New York was part of a shift in the city begun by establishment-connected WASPs away from government by wards and organizers and toward rule by government-connected finance. The originator was Nelson Rockefeller, John D. Rockefeller’s grandson and the governor of New York from 1959 to 1973, who floated New York City’s bills by arranging for banks like Chase Manhattan (run by his brother David) to buy bonds. These new bonds covered the old bills even though the bonds were not backed by actual assets of the city’s but by anticipated returns; e.g. “tax anticipation bonds,” “bond anticipation notes,” and “moral obligation bonds.” This meant the city borrowed from the bankers, paid a portion of the interest, and borrowed again, while having no long-term way to pay back the full amount of ever-increasing debt.
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Much more here:
libertarianinstitute.org
Oct 14, 2025
Coverage of Zohran Mamdani’s run for New York City mayor is focused on the outsized politics at play in the race: democratic socialism, Islam, state-owned grocers, former Governor Andrew Cuomo, until recently incumbent Mayor Eric Adams, and President Donald Trump. But this risks missing the real story in New York, which is the decades-long creation and maintenance of a financialized, factionalized city of free market distortions and middle class displacement at the hands of powerful Zionists and their allies that led to backlash and Mamdani’s rise. Rewinding Mamdani’s catapault to politcal stardom reveals that New York’s current situation—its transition from a city hospitable to the working and middle classes and genuine free exchange of goods and services to a feudal one of government-backed financiers and service workers—is in many ways the work of a little more than a dozen Zionist financiers who twisted government to their ends.
Zionism in New York was part of a shift in the city begun by establishment-connected WASPs away from government by wards and organizers and toward rule by government-connected finance. The originator was Nelson Rockefeller, John D. Rockefeller’s grandson and the governor of New York from 1959 to 1973, who floated New York City’s bills by arranging for banks like Chase Manhattan (run by his brother David) to buy bonds. These new bonds covered the old bills even though the bonds were not backed by actual assets of the city’s but by anticipated returns; e.g. “tax anticipation bonds,” “bond anticipation notes,” and “moral obligation bonds.” This meant the city borrowed from the bankers, paid a portion of the interest, and borrowed again, while having no long-term way to pay back the full amount of ever-increasing debt.
.
.
.
.
Much more here:
How Zionist Influence in New York Gave Rise to Zohran Mamdani | The Libertarian Institute
Coverage of Zohran Mamdani’s run for New York City mayor is focused on the outsized politics at play in the race: democratic socialism, Islam, state-owned grocers, former Governor Andrew Cuomo, until recently incumbent Mayor Eric Adams, and President Donald Trump. But this risks missing the real...
libertarianinstitute.org
