October 17, 2025

Who's Afraid Of Mayor Mamdani?

October 17, 2025/ Francis Menton

Here in New York City, our mayoral election is less than 3 weeks away. Crazed “Democratic Socialist” candidate Zohran Mamdani continues to hold a commanding lead in the polls, with no signs of any tightening.
Among Mamdani’s announced policies are a substantial increase in the city income tax on “millionaires,” a multi-year rent freeze on rent-regulated apartments, having social workers instead of police respond to domestic violence calls, and having Benjamin Netanyahu arrested if he shows up in town. Meanwhile, at both the City and State levels, destructive and impossible “climate” policies remain in place, like mandates to have 70% of electricity come from “renewables” by 2030 and to electrify most heat in large buildings by the same year.
You might think that panic would be starting to set in among the productive classes. But in fact that does not appear to be the case, at least as far as I can observe. Instead, most people are proceeding as if none of this is real. Are they right?

October 14, 2025

NYISO Weighs In On The New York State Draft Energy Plan

October 14, 2025/ Francis Menton

NYISO is the New York Independent System Operator — the not-for-profit entity created to manage New York State’s electrical grid. Their main job is assuring that there is sufficient electricity generated moment to moment to closely match customer demand. Neighboring states have multi-state ISOs (i.e., PJM and ISO-NE) to do the same job, but being New York, we have our own.
If there is any entity that ought to be loudly outspoken about New York’s ridiculous energy schemes, it is NYISO. After all, when generating most of our electricity from wind and sun proves not to work, as it will, and when the blackouts follow, as they will, NYISO stands to get a large share of the blame.
So where are they? The good news is that they are slowly waking up. The bad news is that even now they are not being nearly as outspoken or as loud as they should be.

October 11, 2025

October 11, 2025/ Francis Menton

The first nine months of the second Trump administration have seen extraordinary litigation efforts by opponents of the government seeking to block its initiatives of every sort.
This page at Lawfare Media tracks some 190 active cases challenging Trump administration actions; and I don’t think that that list of 190 is comprehensive. The cases cover subject matter areas ranging from spending reductions to employee terminations to migrant deportations to regulatory actions, among many others.
Those following these litigations, or some of them, have undoubtedly noticed a pattern whereby a District Court judge, usually in a blue state, enjoins the administration’s action, only to have that injunction stayed by a Court of Appeals or by the Supreme Court within a few days or weeks. This pattern has been repeated multiple times in areas including spending reductions and migrant deportations.
Although none of the cases has yet reached full merits review at the Supreme Court, nevertheless there is a growing sense of District Court judges going beyond their job of enforcing the law, and instead seeking to supplant legitimate executive authority with their own policy preferences.
The latest series of cases involves the efforts of President Trump to deploy units of the National Guard to Portland and Chicago to support the efforts of ICE in those cities to enforce the federal immigration laws.

October 08, 2025

October 08, 2025/ Francis Menton

A favorite subject of mine over the years has been the New York City Housing Authority, or NYCHA.
NYCHA operates hundreds of buildings housing some 500,000 people, in some 170,000 +/- apartments, mostly built from the 1950s to the 1970s. Organized on a pure socialist model of public ownership with heavily subsidized rents, NYCHA has followed the trajectory of all socialist schemes ever attempted, having gone from an excited beginning into a long, slow death spiral that has now been ongoing for at least two decades.
When NYCHA was building the buildings, everyone seems to have assumed that bricks and mortar just last forever; so nobody bothered to consider that at some point the capital investment would need to be renewed, or to plan for how that would be done.
By the 2010s, the buildings were turning 40, 50 and even 60 years old. In 2015 NYCHA announced that it had suddenly discovered a need for some $17 billion to fund urgently-needed repairs. Thereafter, the amounts claimed to be needed for such repairs escalated rapidly: by 2021 it was $32 billion; and by 2023 a new “audit” found the “need” to be $78 billion — about $460,000 per unit. And this is for “low income” housing. (For comparison, according to the most recent data from FRED, the median price of a single family house in the U.S. in the second quarter of 2025 was about $410,000.)
So what’s the plan now?

October 05, 2025

October 05, 2025/ Francis Menton

“Hate speech.” The term calls to mind every sort of vile and disgusting insult and racial and ethnic slur.
Who could possibly be in favor of allowing that? Large numbers of people instinctively assume that hateful statements, particularly those based on racial, religious or ethnic categories, must surely be illegal.
But here in the U.S., such statements in general are not illegal, and not subject to criminal prosecution. A couple of weeks ago, our Attorney General Pam Bondi was recorded on a podcast saying that “We will absolutely . . . go after you, if you are targeting anyone with hate speech . . . . You can’t have that hate speech in the world in which we live.” I, among many others, pointed out that Ms. Bondi had badly mis-stated U.S. law on the subject. Our Supreme Court has drawn a line under the First Amendment that makes almost all “hate speech” constitutionally protected, short of incitement to imminent violence.
If you think that that line might not make sense, consider the alternative. Over in the UK, they have seen fit to criminalize “hate speech.”

October 03, 2025

October 03, 2025/ Francis Menton

Here in the U.S., ever since the push to “de-carbonize” the energy system to “save the planet” from global warming got going in a big way 20 or so years ago, there has always been a critical mass of skeptics strongly pushing back. I count myself among them. Another prominent example is the CO2 Coalition, an organization of about 200 scientists and intellectuals who dissent from the climate orthodoxy. Large portions of our Republican Party — recently approaching near unanimity — have also joined the dissent from climate orthodoxy.
But over in Europe, the same has not been true at all; and it has particularly not been true in the UK. There, at least until very recently, there was a near total consensus across the political spectrum in favor of mandatory reductions in carbon emissions, with an ultimate goal of zero emissions.
Well, let’s take a look at where the UK finds itself today.