
They Paid the Bill
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Jim Rand looks at the October 9 New York Post editorial: New York securities profits hit $45.9 billion in the first half of 2026, up 51.3 percent, on pace for a record $90 billion, while Mayor Zohran Mamdani still treats a tax hike as the answer. The episode walks through the $7.8 billion Wall Street already sent the city, the Texas and Utah job gap, and Milton Friedman’s test — intentions are cheap, invoices are not — then sets the October 7 statement next to the same habit of moving the…
The skinny
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