Subj : Socialist "Democrats"
To   : ROB MCCART
From : Mike Powell
Date : Sat Nov 29 2025 17:47:13

> MP>Supposedly -- I have not confirmed this -- the NYSE will eventually be
>   >relocated to Texas as a result of his just leading the polls earlier this
>   >year.

> Sounds like some of his plans were really bad.. I wouldn't think that
> a Mayor could make sweeping enough changes to be that big a problem
> but I don't know enough about it there to accuaretly comment.

> Here a Premier (think 'Governor') has a fair amount of power but
> it never seemed Mayors could do too much other than in a limited
> area, and there are lots of controls to get things passed.
> Of course I guess the size of the city dictates how 'limited' the
> area of influence might be..

> Hard to guess what he could do to the NYSE. Something like that
> wouldn't seem to be under Mayoral control in any way..

Mayors very much have sway here, at least in larger cities, when it comes
to setting the fiscal policy -- like proposing new city taxes.  In most
cities, they have to work with the local council or board of alderman
which, if they are mostly all from the same party often means little
resistance.  Together, they can really make a city business friendly, or very
much not, depending on which path they choose.

Threatening to raise taxes on "the rich" and "businesses" would be an
indication to either category that it might be time to relocate.  That is
what Mandami campaigned on.

I looked it up in the meantime.  The part of the NYSE that is moving to
Dallas is currently located in Chicago.  Sounds like it is some sort of
tech center.

Mike

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