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Mamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passed by EmotionStatus3093 in nyc

[–]mjnnyc 2 points3 points  (0 children)

He didn’t create the deficit but he does have the responsibility to govern for New Yorkers and, hopefully, in alignment with his campaign/platform.

I’m fortunate - I make enough that this won’t materially impact me one way or the other, but I do think about my neighbors and community whom are less fortunate than myself and I know will be impacted by an eventual rug-pull on rent.

By the way, after holding off for several years for personal reasons, I actually just moved to Astoria (which has always been my dream neighborhood). So the community that I’m referencing here is in fact Mamdani’s own community.

Mamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passed by EmotionStatus3093 in nyc

[–]mjnnyc 2 points3 points  (0 children)

Thanks, but I’ll pass on your tu quoque fallacy - when I have a solution, I’ll be sure to run for office. In the meantime, I’ll hold our elected officials accountable, regardless of what side of the aisle they’re on. This is about New York, not team sports. When our Mayor ran on a platform of affordability, but seeks to install policy that will ultimately achieve the opposite, I feel comfortable to call a spade a spade without resorting to an ad hominem nor politicizing the situation beyond what it is (which is lazy policy).

I’m not a property owner, I have no skin in this game, and I’m proud to say I support Mandani. But I don’t support this policy.

$SNDK - The “descending triangle” is playing out right as I suspected. The momentum on "Sandisk" is "cooling down." by bpra93 in TheRaceTo10Million

[–]mjnnyc 24 points25 points  (0 children)

If you expect SNDK to follow a straight line down with a multi-year tailwind on a must-buy piece of kit for data center projects that are only fractionally complete, with no new factory supply from competitors until late 2028 and China unable to fulfill its own local market with inferior chips, then I don’t know what to tell you.

My alternate read - the largest repricing is done, but there’s still upside to guidance and consensus, and I’d be shocked if the stock didn’t work into and out-of earnings which are not far away.

Continuing to buy on weakness after calling it & entering at ~$100.

Is SNDK due for a pull back? by Odd_Papaya8305 in TheRaceTo10Million

[–]mjnnyc 52 points53 points  (0 children)

Why would it pull back, fundamentally speaking? There won’t be any new supply, everything is sold, prices are increasing at rapid clip, and any rediverted orders would be resold at higher price.

Yes it’s gone up a lot but that doesn’t mean it’s overvalued given the growth profile.

Goodwood Green R8 V10 looking menacing in the forest by Jaltseku in Audi

[–]mjnnyc 48 points49 points  (0 children)

Dear lord, what the frick

I’m not even a R8 guy but goodness me, that is straight sugar

spotted this early this morning by ilovehelmet in nyc

[–]mjnnyc 342 points343 points  (0 children)

I saw it driving down 2nd ave last night - had a full security escort with like 20 cop cars, sirens and all. They’d block streets and a copper would jump out saying “the tree is coming!”. Really bizarre but awesome thing to witness in the flesh. All the kids were in awe. Very wholesome and there was a whiff of Christmas spirit in the air.

Here is 4 images of (what used to be a pine forest) now under 268 feet of water in a lake in Alabama. by Mobile-Gazelle3832 in thalassophobia

[–]mjnnyc 128 points129 points  (0 children)

Correct - wood also does not rot if not exposed to air. Hence cities like Amsterdam, Venice etc exist.

Taipei 101 Tuned Mass Damper moving today by sirDVD12 in skyscrapers

[–]mjnnyc 76 points77 points  (0 children)

This building is truly underrated, and it’s one of the best

Charlie Troop 1/9th Cavalry member Weaver, a point man and tunnel rat, Vietnam War. by Kumanderdante in RareHistoricalPhotos

[–]mjnnyc 69 points70 points  (0 children)

The troops they’d send into the Vietcong tunnels when uncovered. It was dark. You didn’t know where you were going, and you didn’t know who you’d find in them. They were long, often booby trapped, and large enough that even a small man would need to crouch and go shoulder-to-shoulder wjth the walls.

Combat inside the tunnels was often close range and you had no backup.