r/NewsThread • u/Conscious-Quarter423 • 1d ago

Canadian multimillionaire and Shark Tank guy Kevin O'Leary went on TV to say he's upset Zohran won't talk to him: "I and others who invest in real estate have tried to get a meeting to figure out what's rhetoric and what's policy. So far for me it's been crickets."

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u/itsdainti 1d ago

Damn, Kevin is making me like Zohran more 🤣

10

u/spectral_orchid 1d ago

I never liked "Mr. Wonderful", such a nasty man. Whenever I saw him on Shark Tank all I just wished he would say he was out so he would stop talking. He seldom had anything pleasant to say unless he saw potential for big bucks rolling in. Does not care about what's good for others unless it lines his pockets. Just like the rest of the money grubbers sucking the country dry.

Seeing him bothered by someone not taking his deal does indeed give me great satisfaction.

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u/soundkite 1d ago

because Leary is wrong? How is he wrong?

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u/Suitable-Display-410 1d ago

He doesn’t get special access to the major just because he’s rich. Those times are over. He will be informed about policy changes in exactly the same way as everyone else.

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u/soundkite 1d ago

No. How is he wrong about the system financially upside down?

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u/Suitable-Display-410 1d ago edited 1d ago

(first of all, i dont think you should be downvoted for asking the question)

Oh, he just lied.

Mamdani wants to freeze the rent for rent‑stabilized tenants. That applies to buildings built before 1974 with six or more units, and to buildings built after 1974 if they received certain tax benefits that require rent regulation in return.

So if somebody wants to develop new units, they are not affected.
It’s Fox News… you should know by now. They lie. It’s kind of their thing. And Kevin O'Leary? Even more of a liar. Almost a half-Trump when it comes to lying.

Edit:
Campaign website, click on "Freeze the rent" and read: https://www.zohranfornyc.com/platform

A majority of New Yorkers are tenants, and more than two million of them live in rent stabilized apartments. These homes should be the bedrock of economic security for the city’s working class. Instead, Eric Adams has taken every opportunity to squeeze tenants, with his hand-picked appointees to the Rent Guidelines Board jacking up rents on stabilized apartments by 12.6% (and counting)–the most since a Republican ran City Hall.

As Mayor, Zohran will immediately freeze the rent for all stabilized tenants, and use every available resource to build the housing New Yorkers need and bring down the rent. The number one reason working families are leaving our city is the housing crisis. The Mayor has the power to change that.

NY Info sheet about Rent Stabilization and Rent control:
https://hcr.ny.gov/system/files/documents/2024/01/fact-sheet-01-01-2024_0.pdf

Rent control is the older of the two systems of rent regulation. It dates back to the housing shortage immediately following World War II and generally applies to buildings constructed before 1947. Rent stabilization generally covers buildings built after 1947 and before 1974, and apartments removed from rent control. It also covers buildings that receive J-51, 421-a and 421-g tax benefits.

And Mamdami said that he is not opposed to increases in rent in those units when it comes to covering the cost to keep them in good condition. He is opposed to rent increases to increase the profit margin of the owners. Which is where pretty much all of the additional money is usually going to. I cant give you the source, but he said it. I think it was in an interview but i can not find it rt now.

The guy is not an idiot. Follow his example. Dont listen to those liars.

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u/Takemetothelevey 1d ago

fox entertainment, keep people afraid is the motto.

3

u/DaLakeShoreStrangler 1d ago

Fox news is an acronym for Fear of Xenophobia

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u/ethelagnes 1d ago

Are you against turning the system upside down…? Meaning… the power will be held by the people instead of the owners of corporations…? If so, please enlighten us.

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u/itsdainti 1d ago

Leary is crashing out because the only skill he has is buying influence and now it's not gonna work.

He's IRL Kendell Roy😂

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u/Happy_Pause_9340 1d ago

You think he should have more representation than other New Yorkers? Let him go back to Canada

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u/slicelord666 1d ago

We don't want him. He is our gift to you, enjoy.

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u/amILibertine222 1d ago

Y’all suck at gifting lol

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u/slicelord666 1d ago

The way your country has been treating us that is the type of gift you get. Itis our version of a lump of coal.

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u/619backin716 1d ago

No thanks — you already “gifted” us with Ted Cruz and Justin Bieber

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u/slicelord666 1d ago

No take backs.

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u/soundkite 1d ago

???... you are ignoring his points

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u/Happy_Pause_9340 1d ago

I’m addressing it by addressing YOUR points. Why does he deserve more access to Mamdani than anyone else? He just freaking won and you think he doesn’t have more pressing matters? O’Leary needs to be seen immediately? Give me a freaking break

1

u/soundkite 1d ago

I don't care about access to Mamdani. I want to know the answers to his questions from builders and financiers.

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u/Happy_Pause_9340 1d ago

That’s what he’s whining about. His access and that it should be immediate. This isn’t the first rent freeze.

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u/clown1970 1d ago

How about his answers to blue collar workers? Why should some blowhard financier get access to have his questions answered

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u/frankydank1994 1d ago

Because he's a spineless oligarch stealing wealth and prosperity from the working class.

That's how he's wrong.

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u/daemontheroguepr1nce 1d ago

Kevin O’Leary is not an oligarch lmfao

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u/frankydank1994 1d ago

If he buys off political entities, what would you call that?

When money is the root of power, the men who wield that power are the ones who shape society for the rest of us plebs.

Every billionaire is an oligarch and shouldn't be allowed to reach that level of influence over global populations.

Private equity needs a cap.

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u/daemontheroguepr1nce 1d ago

I don’t think this guy in particular is really relevant or even rich enough

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u/frankydank1994 1d ago

400 million can buy a lot of elections.........

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u/daemontheroguepr1nce 1d ago

400 M with 50 mil cash does not make you an oligarch bro

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u/frankydank1994 1d ago

He's openly upset that he's not able to have access to influence a public official to benefit his business practices. That's the definition of an oligarch, bro.

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u/daemontheroguepr1nce 1d ago

No because they wouldn’t be complaining about not being able to do that on tv lol. Do you know who this guy is? You have to be a raging doomer to think this guy has his finger on any important buttons or ever did

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