Alok Agrawal
1.9K posts

Alok Agrawal
@AlokANYC
Investor/Techie. Commentary on stocks and politics.
Manhattan, NY เข้าร่วม Ağustos 2024
1K กำลังติดตาม903 ผู้ติดตาม

NEW: It’s real. Here is Graham Platner’s active profile on Kik, a “predators paradise” app known as a hotbed for child pornography, kidnapping, and sexual abuse.
Full story @realDailyWire from @TimRiceDC: dailywire.com/news/see-it-gr…


English

@RoKhanna @grahamformaine People who cheat on their wives cannot be trusted. Ever.
English

I am proud of @grahamformaine for having the character to stand up against the war in Iran, against genocide, and against an unfair & lopsided economy. I am proud of him for having a vision for a new deal for our time. Excited to campaign with him June 5!
English
Alok Agrawal รีทวีตแล้ว

A schizophrenic homeless man killed four other homeless men sleeping on the streets of Chinatown. All of these men should have been inside, getting help — not outside on the streets.
The judge is right. New York is suffering from “three horrible symptoms”: “homelessness, mental illness and narcotics abuse.” The AG can address all three.
nytimes.com/2026/05/28/nyr…
English

A shared language, culture, and values are essential for a unified nation.
Over the last 30 years, I've watched U.S. politics become increasingly fragmented as more people vote along ethnic and religious lines. National issues now take a backseat while voters prioritize narrow, group-specific concerns that matter most to their own identity or community.
This shift makes it harder to tackle big, shared challenges like the economy, security, and fiscal responsibility — because everything gets filtered through tribal lenses.
People shift their rocks from growing the economic pie (and other resources) to dividing it to their advantage using political power. It's not a surprise that the Phoenix like resurrection of socialism has been coincident with the rise of multiculturalism in the US (and other western countries).
English

"The more homogenous our citizens can be made in these particulars [principles, opinions, and manners], the greater will be our prospect of permanent union."
-George Washington
ALX 🇺🇸@alx
American citizens should be able to speak English. This shouldn’t be controversial. Why do the people who constantly call America a “melting pot” get mad when the “melting” part is mentioned?
English

@RealDonKeith Meanwhile, people get jailed for multiple years for tweeting facts in the UK. Clearest evidence of how it's becoming a fascist state.
English

@unusual_whales And all that he will achieve is even more spending on this agency...
English

@jayandroy @Acyn @AOC Tell me without telling me that you don't understand the concept of a expanding the pie.
To get a tax break someone has to create taxable income first. But hey - you saved on tax breaks as the income went somewhere else. Bravo.
English

There is no excuse for ignorance. If you don't understand a topic, it's best to stay silent. Or just ask Grok to educate yourself. Wealth doesn't grow on trees, and the government doesn't create it either. If that were the case, Port-au-Prince would look like NYC.
The claim that AOC "saved" New York by helping kill Amazon's HQ2 in Long Island City is backwards. It was a high-profile loss of 25,000 planned high-paying jobs, billions in projected tax revenue, and a major corporate anchor for Queens tech growth.6fae6d
Quick background
In 2018, Amazon picked Long Island City (Queens) as one of two HQ2 sites (alongside Northern Virginia). The deal included ~25,000 jobs (average salaries well above NYC medians, many in tech/management), $2.5+ billion in private investment, and up to ~$3 billion in performance-based incentives/tax credits from NY state and city. Amazon would still pay plenty in taxes, and independent analyses (like REMI modeling) projected the project would generate far more in new revenue than the incentives cost—estimates ran to $27+ billion over 25 years from direct + multiplier effects (construction, supply chains, worker spending).30edc0
Opposition came from progressive activists, some local pols, unions, and AOC (whose district was nearby). Main complaints: tax breaks for a huge company while subways/schools strained, fears of gentrification/housing pressure in LIC, and process issues (Cuomo/de Blasio fast-tracked it). Amazon pulled out in Feb 2019, citing the hostile political environment.258798
Why it wasn't "saving" New York
Lost jobs and growth: Those were good-paying positions. The economic multipliers (indirect jobs in services, retail, construction) were estimated in the tens of thousands more. Virginia got its half and built it out; New York got nothing at that scale. Amazon has since expanded in NYC anyway (offices, warehouses), but piecemeal and without the big catalytic effect in Queens.1f90c9
Tax math: The "$3B giveaway" was mostly forgone future taxes tied to job creation—not a cash check. Studies showed net positive fiscal impact for the city/state. Rejecting it meant forgoing both the jobs and the broader revenue/tax base growth. New York already competes with lower-tax, business-friendlier places; signaling hostility to big investment makes that harder.
Gentrification/housing: LIC was already booming with development pre-Amazon. Blocking one project didn't stop rising costs citywide—NYC's bigger issues are zoning, supply restrictions, and overall policy. Amazon jobs could have brought revenue to offset infrastructure needs.
Political reality: AOC amplified the opposition and celebrated the withdrawal as a win against "corporate greed." Cuomo and business leaders called it a self-inflicted wound.d9caf3
Critics of the deal had legitimate gripes about corporate welfare and deal transparency (cities often overpay in these bidding wars). But celebrating the cancellation as "saving" NYC ignores the opportunity cost in a city that talks constantly about needing more good jobs, affordable housing funding, and transit money. Amazon wasn't going to "destroy" the neighborhood—it would have accelerated development in an already-changing area while adding taxpayers.
New York is resilient and has other tech growth, but this was still a needless own-goal. Blocking productive investment doesn't make housing cheaper or services better; it just shrinks the pie.
English

@EricLDaugh @GovKathyHochul that's my question as well. Where does the money go?!
English

🚨 WOW! Gov. Ron DeSantis just said after his upcoming vetoes, Florida will have REDUCED state spending for 4 years in a row...
...and nearly HALF of ALL state debt has been paid off since 2019 🔥
"Our budget, even though we have MILLIONS of more people than New York State, New York's budget is more than TWICE the size of Florida's budget, and people can ask, where's all that money going?"
"And in fact, I'm going to be dealing with our current, our next fiscal year budget. And once I do my vetoes, I will be able to say that we have actually at the state level in Florida reduced spending four years in a row."
"Now that's foreign to some of those blue states, but they're quite frankly, aren't very many jurisdictions that are doing it. So we're proud of that. We obviously have a very light tax at the state level, but the one thing that's been tough for people is the property tax."
And now property taxes will be largely removed.
LFG ☀️
English

There is no excuse for ignorance. If you don't understand a topic, it's best to stay silent. Or just ask Grok to educate yourself. Wealth doesn't grow on trees, and the government doesn't create it either. If that were the case, Port-au-Prince would look like NYC.
The claim that AOC "saved" New York by helping kill Amazon's HQ2 in Long Island City is backwards. It was a high-profile loss of 25,000 planned high-paying jobs, billions in projected tax revenue, and a major corporate anchor for Queens tech growth.6fae6d
Quick background
In 2018, Amazon picked Long Island City (Queens) as one of two HQ2 sites (alongside Northern Virginia). The deal included ~25,000 jobs (average salaries well above NYC medians, many in tech/management), $2.5+ billion in private investment, and up to ~$3 billion in performance-based incentives/tax credits from NY state and city. Amazon would still pay plenty in taxes, and independent analyses (like REMI modeling) projected the project would generate far more in new revenue than the incentives cost—estimates ran to $27+ billion over 25 years from direct + multiplier effects (construction, supply chains, worker spending).30edc0
Opposition came from progressive activists, some local pols, unions, and AOC (whose district was nearby). Main complaints: tax breaks for a huge company while subways/schools strained, fears of gentrification/housing pressure in LIC, and process issues (Cuomo/de Blasio fast-tracked it). Amazon pulled out in Feb 2019, citing the hostile political environment.258798
Why it wasn't "saving" New York
Lost jobs and growth: Those were good-paying positions. The economic multipliers (indirect jobs in services, retail, construction) were estimated in the tens of thousands more. Virginia got its half and built it out; New York got nothing at that scale. Amazon has since expanded in NYC anyway (offices, warehouses), but piecemeal and without the big catalytic effect in Queens.1f90c9
Tax math: The "$3B giveaway" was mostly forgone future taxes tied to job creation—not a cash check. Studies showed net positive fiscal impact for the city/state. Rejecting it meant forgoing both the jobs and the broader revenue/tax base growth. New York already competes with lower-tax, business-friendlier places; signaling hostility to big investment makes that harder.
Gentrification/housing: LIC was already booming with development pre-Amazon. Blocking one project didn't stop rising costs citywide—NYC's bigger issues are zoning, supply restrictions, and overall policy. Amazon jobs could have brought revenue to offset infrastructure needs.
Political reality: AOC amplified the opposition and celebrated the withdrawal as a win against "corporate greed." Cuomo and business leaders called it a self-inflicted wound.d9caf3
Critics of the deal had legitimate gripes about corporate welfare and deal transparency (cities often overpay in these bidding wars). But celebrating the cancellation as "saving" NYC ignores the opportunity cost in a city that talks constantly about needing more good jobs, affordable housing funding, and transit money. Amazon wasn't going to "destroy" the neighborhood—it would have accelerated development in an already-changing area while adding taxpayers.
New York is resilient and has other tech growth, but this was still a needless own-goal. Blocking productive investment doesn't make housing cheaper or services better; it just shrinks the pie.
English

NEW: Did the Singham Network Move $100 Million Abroad Through a Charity With No Employees?
Full investigation with receipts:
🔗whitecollarfraud.com/2026/05/28/did…
Everyone's chasing Neville Roy Singham's nonprofit network for the hard thing: foreign influence, China, propaganda. Congress, federal agencies, the press — all on that track. It's contested, it's slow, and it may take years.
I'm pointing at the low-hanging fruit: the tax returns.
It's the oldest lesson in white-collar enforcement — sometimes the case you can actually prove isn't the dramatic one, it's the bookkeeping. You don't have to prove anything about China to ask whether these groups followed the same Internal Revenue Code as every other charity in America. That gets answered line by line, on filings they signed under penalty of perjury.
So start here. One charity in that network had ZERO employees.
No staff. No officer on payroll. Nobody.
It reported moving $101,983,568 out of the United States.
Read that again. More than a hundred million dollars, sent abroad, by an organization with no one working there. And that's not even the biggest red flag on its returns — it's one of eight. Every one comes straight off these groups' own IRS filings, public to anyone. 🧵👇
🚩 RED FLAG 1 — The foundation called its own recipients "noncharitable." On its own IRS return. THREE times on the same form. People's Support Foundation Limited (a private foundation) flagged the two groups it was funding as "noncharitable" in three separate IRS boxes.
🚩 RED FLAG 2 — On the SAME page, it labeled OTHER recipients "public charity." So this wasn't a clerical slip. The foundation knew the difference, used both labels on one return, and deliberately put these two in the noncharitable column. That distinction is the whole ballgame: funding a "noncharitable" group triggers strict IRS monitoring rules that funding a public charity does not.
🚩 RED FLAG 3 — It moved $73,731,279 to those two noncharitable groups anyway. Over six years.
🚩 RED FLAG 4 — So who vetted the grants? With no employees and no officer pay, there was nobody on staff to check who received that $101 million, draft an agreement, or confirm where it went. The oversight the IRS requires for money like this — somebody has to actually do it.
🚩 RED FLAG 5 — $0 in monitoring costs. That oversight work costs money. On six years of returns, People's Welfare Association reported $0 in every professional-fee category where that cost would show up. If the oversight happened, who did it — and where's the bill?
🚩 RED FLAG 6 — Money in ≈ money out. $102.7M came in. $101.98M went out. It kept about $721K — seven-tenths of one percent — and ended 2024 with $324,050 and no staff. That's the financial fingerprint of a pass-through pipe, not an organization running its own programs.
🚩 RED FLAG 7 — The foreign recipients aren't named. $101M went abroad, broken out only by world region. Where it actually landed isn't on the public return.
🚩 RED FLAG 8 — $15,017,020 in political contributions sits downstream. People's Welfare Association reported more than $15M in political (§527) contributions over the same six years — exactly the kind of spending the foundation's missing oversight rules exist to prevent.
And one more, because it answers the obvious objection. "Maybe the FOUNDATION paid for the oversight." It did report ~$540K–$617K a year in professional fees. But its own required schedule says what that money bought: investment management. Every year. $0 for grant oversight.
Here's the honest part. Any ONE of these has an innocent explanation. Foundations fund (c)(4)s. Groups outsource work. Charities run lean. But all eight — in one chain, same money, same six years — is a lot of coincidence to ask a single structure to carry.
I'm not telling you it was designed this way. A tax return doesn't show intent, and I won't pretend to read minds. I'm telling you what the documents say, and asking the question a pattern like this is built to provoke: is there an innocent explanation for ALL of it at once — and where in the records would you find it?
That last part matters. The answer isn't on the public returns. It's in grant agreements and monitoring files that only an authority with subpoena power can pull. Which is the whole point: you don't need to resolve anything about China to ask this. You just need to read the filings.
I'm a forensic accountant. I follow documents, not politics. The returns are still on file. Anyone can read them — and I'll walk you through every line 👇
🔗whitecollarfraud.com/2026/05/28/did…

English

@WestHarlm Keep voting for the Democrats. It is going to get worse. It's clear that the modern Democratic party is now controlled by people with values that are antithetical to the core values of this amazing country.
English
Alok Agrawal รีทวีตแล้ว

As governor, I won’t tax the first $50,000 of your income or the first $100,000 for couples.
Your money belongs in your pocket, not in Kathy Hochul’s slush fund for illegal migrants.
She’s spent over $8 billion on free food, free housing, free transportation, and free cell phones for people who came here illegally.
That stops when I become governor.
English

@RoKhanna You have become an all out Nazi supporter. How much are you getting paid and who is paying you?
English

There’s a reason establishment figures are afraid of Graham Platner- his campaign is demonstrating the power of building an FDR coalition with moral clarity on foreign policy in battleground states.
Join us in Maine on 6/5: mobilize.us/rokhanna/event…
English
Alok Agrawal รีทวีตแล้ว
Alok Agrawal รีทวีตแล้ว

The way this headline is written you'd never know that Mamdani is shortchanging NYC pension funds by $15 billion over the next 8 years so he can spend it on stupid stuff during his term(s) & this will create a $24 billion pension deficit for the next Mayor when they take office
Bloomberg@business
New York City Mayor Zohran Mamdani’s plan to extend the timetable to pay off the city’s pension debt will free up money in the near term to close a yawning budget deficit bloomberg.com/news/articles/…
English










