Guest Post by Paul Craig Roberts
New York City is in Serious trouble. Indeed, all diverse US cities are in trouble, especially those ruled by Democrats. The combination of coronavirus and unchecked rioting and looting have undermined their economies.
Working at home has taught businesses that they do not need to accumulate employees in office complexes. Working at home saves money for businesses and employees. With profits and raises harder to come by, dispensing with office complexes and commutes is cost effective.
High income people who no longer need to work in office complexes do not need expensive Manhattan brownstones and apartments. They can escape to Mystic Connecticut — https://www.bloomberg.com/news/articles/2020-08-07/as-new-yorkers-flee-once-humble-seaside-town-sees-bidding-wars?cmpid=BBD080720_BIZ&utm_medium=email&utm_source=newsletter&utm_term=200807&utm_campaign=bloombergdaily&sref=Y1NA6MHq — or somewhere else.
On top of the depression of Manhattan office and apartment prices from the emerging work-at-home culture, we have the assault on NYC residents from the breakdown of law and order and the Democrat mayor’s decimation of the police budget in order to pay NYC hotels for housing the homeless, drug addicts, and child abusers in upper income West Side Manhattan — https://www.dailymail.co.uk/news/article-8603433/Upper-West-residents-fury-homeless-junkies-sex-offenders-moved-luxury-hotels.html .
And it is not only in New York City that people are deciding against downtown locations. In Minneapolis, the police department has publicly announced that the police are unable to protect the public from robbery and abuse. The police advise the public that when confronted by robbers, “do as they say” — https://www.breitbart.com/crime/2020/08/02/minneapolis-police-department-advises-residents-to-give-in-to-criminals/?utm_source=newsletter&utm_medium=email&utm_term=todays_hottest_stories&utm_campaign=20200802 .
This might be good advice for Minneapolis citizens, but it is advice that violates the “broken windows” theory of policing, which says that disorder and visible signs of crime create an environment that encourages more crime and disorder. We see the truth of this theory in Portland, where the toleration of disorder by city authorities has brought the city more than 70 days of disorder. Aftifa and Black Lives Matter have been given immunity by public authorities for their acts of violence and destruction.
The Minneapolis city council has compounded the city’s problem by its effort to defund and disband the city’s police department, with one member of the council arguing that the need to be protected from theft and violence is a form of privilege.
Think about this for a minute. Assume you are the owner of a Minneapolis business or an outside investor considering an investment in the city. Would you want an investment in a city in which the mayor and city council, state attorney general and state governor think that the police—not rioters and looters—are the number one threat to public safety? No you wouldn’t, not unless you are crazy, but that is the way Democrats think.
Steve Cramer, president and CEO of the Minneapolis Downtown Council, told 5 EYEWITNESS NEWS that concerns over public safety and the future of the city’s police department have some companies looking to leave downtown — https://kstp.com/business/minneapolis-downtown-council-says-up-to-10000-jobs-could-be-lost-over-public-safety-concerns/5819417/?cat=1 .
“Almost overnight the brakes went on in downtown,” Cramer said. “The point where it all started to change was the day the City Council announced it supported defunding the police department.” Cramer said in a six-week period from that day there were 45 companies that indicated they were either moving out of downtown or were a business that was no longer moving downtown, and there were 13 companies in that group with 100 or more employees and one with 600.
Levin Lewis, executive director of the Minneapolis Business Owners and Managers Association, told KSTP that some high-end development deals have stalled because of public safety worries, and it could amount to hundreds of millions of dollars.
Flight from Chicago will be next — https://www.rt.com/usa/497565-chicago-riots-looting-videos-police/
If we add to the problems afflicting cities, such as the breakdown in public safety and the abandonment of office building complexes, the homelessness that now afflicts high income cities such as Manhattan, Malibu California, Seattle, and San Francisco, it is obvous that urban existence is losing its charm.
There is a larger and more dangerous issue that has gone unreported by presstitutes. The “George Floyd protests” were organized multi-city acts of violence led by the largely white organizations—Antifa and Black Lives Matter—funded by Jewish and Gentile billionaires, philanthropic foundations, and corporations. This financing has not been investigated. I doubt it has anything to do with police violence. What it has achieved is to worsen race relations by portraying blacks as violent, lawless, and disrespectful of others and their property. It is another wedge driven in to disunite the American people.
In Minneapolis 80% of the black population oppose disbanding the police. Black businesses suffered along with others from looting and burning. The “George Floyd protests” was not a black event. It was a white event organized and paid for by whites. This is so true that it is now satire — https://babylonbee.com/news/riotous-blm-protest-suddenly-realizes-they-dont-have-any-black-people
We need to get to the bottom of this, but it won’t happen. The presstitutes will only cover it up. The FBI is too busy investigating Russian media and “white supremacy” groups to look into the real fomenters of racial conflict.
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Don’t let the proverbial door hit them in the ass as they exit.
Declining to “invest” in Democrat,and especially Black/Democrat run cities is basic common sense,Even if they don’t let your investment burn,they will siphon off your profits.
Worried about you SeeBee. Let the door hit you in the ass on your way out to rural ‘Merica.
No way I’m missing next year’s meet-up. Even if it means wearing a few bruises.
But not face masks!
we don’t have a free press. we have an oligarchs mouth piece, promoting globohomo’s agenda. The entire msm complex is working hand in glove with the deep state, to destroy the fabric of our society.
A shame it took the coronahoax to teach employers that they could have trusted the vast majority of their employees to have worked from home for at least a decade now. Think of all the money that would have saved and how that could have actually changed some cities for the better.
My sister lives in the #1 Prima Donna Democratic Communist Shithole, A.K.A. San Francisco, California. She WAS planning to retire, and last fall bought a “retirement” house in a Pacific Coast town about 5 hours to the South, upon which she promptly spent a shit load of money. She was SUPPOSED to sell that money-eating condominium she “owns” in Frisco, the one with the $1000 monthly maintenance costs. I said way back then she had better get rid of that white elephant, and the sooner, the better. She didn’t. Well, now she says she can’t sell it because EVERYBODY else is trying to sell their properties(translation- if she gets 50 cents on the dollar, she will be lucky), and says that there are bums camping on the sidewalks everywhere in the neighborhood, with the accompanying shit and needles as far as the eye can see. Now, the building needs a new roof and she thinks her share will could be as high as $50,000, on top of her having to shovel out $25,000 for her share of “unexpected repairs” last year.
I doubt she is going to retire anytime soon, and is working out of the “retirement” home. She said the weekends absolutely suck there because people flood in there for weekend rentals, and says you can’t even walk on the beach there’s so many people. It sounds to me that she’s damned if she does, and damned if she doesn’t, and all because she won’t leave California.
let the creditors seize it for unpaid mortgage, taxes, done.
My sister is one of those educated idiots. She thinks their governor is The Greatest for “saving lives”.
Wow, just wow.
You know it sounds like a plot for an old Twilight Zone episode. A few weeks back some family dropped in from Kansas and Virginia simultaneously to see my Mom and my sister actually told Mom that she should tell them to stay away because they might be carrying the “virus”.
Sounds like Karma to me. Sorry it’s your sis, but reality can only be ignored for so long before it swings a nail laden baseball bat into your face.
Well if she needs refuge I sure have the room but she’ll have to accept the fact that the house is never undefended, if you get my gist.
Five hours to the south gets you to Santa Barbara. Why didn’t she look at Carmel or Crescent City?
I have no idea. All I know is it’s especially Lesbian friendly.
“What it has achieved is to worsen race relations by portraying blacks as violent, lawless, and disrespectful of others and their property.”
– PCR
Umm, excuse me Paul, but isn’t it Negroes (12.5% of the population) who commit 50% of the violent crime in the USSA?
And yet it’s all YT’s fault.
It appeared that one of the objectives of Agenda 21/Agenda 2030 was to “stack ’em and pack ’em” in the big shitty’s. Kinda backfired a little, maybe.
In fact the SCOTUS as well as several State courts have held that cops have no duty to protect individuals, even if they have promised to do so.
https://en.wikipedia.org/wiki/DeShaney_v._Winnebago_County
https://en.wikipedia.org/wiki/Town_of_Castle_Rock_v._Gonzales
https://en.wikipedia.org/wiki/Warren_v._District_of_Columbia
I’m glad I got to visit New York City during Rudy Guiliani’s tenure as mayor. After having read about the bad old days in the 70s and 80s as depicted by movies like Death Wish and The Warriors, New York City in the late 90s/early 00s was a really great place to be.
Now New York City looks like it has reverted to bad old days of David Dinkins and Death Wish times all over again. I don’t expect I’ll ever visit NYC again and if I lived there, I’d be moving away too.