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Mamdani's Socialist Utopia Collides With Reality As Manhattan Rents Hit Record
Mamdani's Socialist Utopia Collides With Reality As Manhattan Rents Hit Record
Socialist NYC Mayor Zohran Mamdani built his political campaign by relentlessly attacking America and, most importantly, portraying capitalism as the root cause of nearly every social problem, from affordability pressures to soaring rents.
Voters were sold the idea that his administration could deliver an instant utopian transformation built on free bus rides, government-run grocery stores, and cheap housing.
However, like every Marxist before him, Mamdani's vision of utopia is not grounded in economic reality. The dream pitched to millions across the...
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Aug 14, 2026 / Tyler Durden
UMich Sentiment Slumps In August As War Re-Escalated, Inflation Fears Tick-Up
UMich Sentiment Slumps In August As War Re-Escalated, Inflation Fears Tick-Up
Following July's rebound to pre-war levels, the preliminary August University of Michigan Consumer Sentiment index was expected to weaken modestly as the MidEast re-escalated (and with it the price of gas).
Sure enough, the headline sentiment index tumbled from 55.2 to 51.0 (55.0 exp) with both Current Conditions (51.8 vs 54.8 prior vs 54.9 exp) and Expectations (50.6 vs 55.4 prior vs 55.2 exp) also both tumbling...
Decreases in sentiment were seen across the political spectrum, with Republicans exhibiting the strongest...
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Nov 11, 2026 / Kyle Anzalone
Kushner Claims Progress Made in US-Mediated Talks Between Russia and Ukraine
Two days of talks between Russian and Ukrainian diplomats in the UAE did not result in a breakthrough. However, the two sides agreed to a prisoner exchange, and the parties reported progress was made. Following the US-mediated talks, President Donald Trump’s son-in-law, Jared Kushner, described the discussions as “tough.” “Bringing Ukraine and Russia back together […]
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Jun 4, 2026 / Tyler Durden
Humanoid Robots Remain Years Away From Replacing Human Workers
Humanoid Robots Remain Years Away From Replacing Human Workers
Authored by Stephen Katte via Cointelegraph,
AI robotics company Figure posted several videos on X throughout May showcasing its robots performing basic tasks, including cleaning a room and sorting packages.
Modern artificial intelligence-powered robots are impressive in their capabilities, but are still years away from replacing humans as they can't yet adapt to changing conditions, researchers say.
Last month, AI robotics company Figure showcased its humanoid robots performing basic tasks, such as cleaning a room, but a series of robots working for nine days...
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