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Radical Socialist Mamdani Could Trigger NYC’s Financial Collapse and Skyrocket Living Costs

by Townhall
June 30, 2025
in Aggregated, Opinions
Zohran Mamdani

(Townhall)—Radio host Hugh Hewitt is warning that the final downfall of New York City will be if Democrat mayoral nominee Zohran Mamdani wins in November— the radical Muslim Socialist who wants to arrest ICE agents who try and conduct deportations of criminal illegals, wants government-run grocery stores, and to raise taxes in whiter neighborhoods. 

Hewitt called Mamdani the “most radical” candidate he’s seen nominated for major office in the U.S, expressing concern over his dangerous and economically unviable proposals. The radio host said on Fox News’ “Hannity” that he believes Miami, Florida, will get all of Manhattan’s “banking and finance” if Mamdani wins. He urged Mamdani’s opponents to work actively to defeat the progressive candidate, or risk being forced out. Hewitt suggested that Miami may support Mamdani because it stands to gain from the financial businesses leaving New York City, noting that a significant portion of the finance sector is likely to relocate since capital can move easily.

Billionaire hedge fund manager Bill Ackman echoed Hewitt’s concerns, saying that Mamdani’s policies would destroy what is left of New York City. 

“The city cannot print money, and this federal government won’t bail NYC out if things go bad,” Ackman wrote on X.

Meanwhile, Hewitt warned homeowners and parents about Mamdani’s agenda, highlighting that the mayoral candidate’s push for rent regulation would ultimately lead to an increase in the cost of living.

  • Read More: townhall.com





At Last, a Company With Integrity in the Gold IRA Industry

For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.

I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.

After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:

  • Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
  • Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
  • No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.

Reach out to Augusta Precious Metals to learn more about protecting your wealth and retirement with physical precious metals.

Tags: Townhall
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