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Billionaire Peter Thiel warns if you ‘proletarianize the young people,’ don’t be surprised they end up communist

PayPal cofounder and Silicon Valley venture capitalist Peter Thiel doubled down on his worries about generational conflict and the future of capitalism after a similar warning he issued in 2020 proved eerily prescient. After Tuesday night’s election victory of democratic socialist Zoran Mamdani as New York City’s mayor, an email Thiel sent five years ago…

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Elon Musk warns Mamdani policies and ‘low’ universal income would trigger ‘catastrophic decline’ in US living standards

Elon Musk warns Mamdani policies and ‘low’ universal income would trigger ‘catastrophic decline’ in US living standards

Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Tesla CEO Elon Musk isn’t known for mincing words and his comments on New York City’s incoming mayor, Zohran Mamdani, were no exception. “Mamdani is a charismatic swindler,” Musk claimed in a recent appearance on the “Joe…

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Letitia James asks judge to dismiss mortgage fraud case, calling it vindictive and driven by Trump's "animus"

Letitia James asks judge to dismiss mortgage fraud case, calling it vindictive and driven by Trump’s “animus”

New York Attorney General Letitia James asked a federal judge Friday to dismiss a mortgage fraud case against her, calling it a vindictive and politically motivated prosecution brought at the behest of a president who regards her as an enemy. The motion, which had been expected, argues the case against James was driven by personal…

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Democrats’ electoral sweep tests Trump’s anti-DEI and immigration agenda

By David Hood-Nuño, Jonathan Allen and Bianca Flowers WASHINGTON (Reuters) -Democrats’ victories in Tuesday’s elections have exposed potential vulnerabilities in U.S. President Donald Trump’s hardline immigration agenda and bid to stamp out diversity, equity and inclusion policies, analysts said. While the winners focused their campaign around cost of living issues, they also embraced the core…

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Zohran Mamdani wins NYC mayoral election after energizing young voters with focus on affordability

Zohran Mamdani wins NYC mayoral election after energizing young voters with focus on affordability

Zohran Mamdani will be New York City’s 111th mayor, CBS News projects, capping a closely watched campaign in which the little-known state assemblyman energized voters with his focus on making America’s largest city more affordable. The 34-year-old democratic socialist defeated Republican candidate Curtis Sliwa and former Gov. Andrew Cuomo, who ran as an independent after…

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