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Wall Street, Texas, Europe’s nationalist rebellion and other commentary

Focus on the economy: Wall Street; Texas?

“The new Texas Stock Exchange is another sign.” City Journal’s Allison Schrager warnsThe report notes that New York is “losing its edge in finance.” The industry “enabled Gotham to grow into one of the world’s great cities,” but as finance has evolved to have less of a “physical presence,” “New York’s ties to finance are weakening.” “Jobs in finance and other industries are moving south, especially to Texas.” Moreover, “the TXSE has pledged to cut the red tape and regulations imposed by the NYSE.” New York’s leaders are wary: “Technology that lets people work from anywhere, zero state income tax, and Texas’ better business climate” are all “warnings that New York can’t take finance for granted.”

Conservatives: European Nationalist Revolt

“Until European and Democratic leaders acknowledge that immigration must be limited, we can expect to see more victories from so-called ‘radical’ parties that do not deny that obvious truth.” The Washington Examiner editorial board argues:As “some 360 ​​million voters in 27 European countries” elected the new European Parliament, “nationalist parties gained strength and left-wing parties such as the Greens declined.” “Many media outlets and other political actors have labelled nationalist parties as ‘far-right’ or ‘extreme right,'” but this “does not justify the apparent smear campaign.” These parties “are deeply unhappy with the millions of immigrants entering their countries from around the world.” Many Europeans are “infuriated” by “immigration policies imposed by the ruling class.” And “it is a moral duty in a democracy for citizens to choose who can and cannot enter their country.”

From the right: The EU system under siege

Despite the right’s impressive gains in Sunday’s EU parliamentary elections, “the new populist MEPs are likely to be shut out of key decisions, including the vetting of new EU commissioners. This is unlikely to happen now, as the EU has never allowed the democratic wishes of its people to interfere with how it is run.” Spiked’s Fraser Myers quips.“European elites have done everything they can to halt the populist rise,” and “challenging parties have been denounced in the strongest possible terms in recent weeks and months,” but “populist voters are more motivated than ever before” and “have used this election as a powerful challenge. Mainstream elite consensus on borders, climate change and further EU integration is under unprecedented populist pressure.”

Cultural critic: The debate Democrats don’t want

Rep. Byron Donald (R-Fla.) felt he had been “unfairly assailed with nostalgia for the Jim Crow era” after saying black families “stayed together” during that time. The Wall Street Journal’s William McGahn reported:He says that black families were healthier during the Jim Crow era, but critics falsely claim he is saying these families were healthier. because The Biden campaign stoked the outrage on Twitter, and MSNBC’s Joy Reid amplified it. Unfortunately, “an honest national debate could help illuminate what went wrong and what needs to change today.” But the last thing Democratic critics want is “an honest debate about the Great Society, especially within the Black community.”

Ministry of Foreign Affairs: Epidemic of Muslim stabbings

“The last time Islamist violence hit Europe” Peter Savodnik of the Free Press wrote:“It felt like a bigger story. Now people seem to have given up.” As stabbings (and more) continue to occur across Europe, “media and senior elected officials” have urged “everyone to reserve judgment” on apparent acts of terrorism. Why? The elites believe “it’s not the people who commit murders who are dangerous, but those who might be inspired by them” – the vague “far right.” Worse yet, “the victims themselves turn into instigators of violence.” “Can the West combat the threat of Islamism without turning its back on the values ​​that made it the West – democracy, liberalism? Without that dialogue, the far right, the real far right, will fall into a vacuum.”

— Edited by The Post Editorial Board

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