Black Leaders Call Ocasio-Cortez ‘Financially Illiterate’ Call For Her Ouster From Office
By Carmine Sabia
New York Rep. Alexandria Ocasio-Cortez has had a tremendously rough weekend and it is just getting started for her.
She has been roundly mocked and derided for her condescending, pandering and racist speech during her appearance Friday speaking to the National Action Network.
But the best part of the night, and there were many highlights, was when a black investment banker called her “financially illiterate” to her face.
“The people campaigning against the Amazon campus are financially illiterate,” Tracy Maitland, who serves as the president and chief investment officer of Advent Capital Management, said at the conference, The New York Post reported.
““This was a disgrace. I partially blame AOC for the loss of Amazon. She doesn’t know what she doesn’t know,” he told The Post after the conference.
“That’s scary. We have to make sure she’s better educated or vote her out of office,” he said about the 29-year-old representative.
Maitland said the misimpression created by Ocasio-Cortez and other Amazon critics was that the state and city were giving the company a blank $3 billion check.
The reality, he said, is that Amazon was only getting tax credits based on the number of jobs created. Amazon and New York officials estimated a new headquarters in Queens would generate up $30 billion in tax revenues as well as 25,000 jobs.
Another panelist, CUNY chairman Bill Thompson, said that job opportunities were “snatched away” from the predominately black and Latino students of the City University.
“We were at the table talking to Amazon on how students could get jobs … those opportunities were snatched away,” he said.
“Those students look like us … We’re talking thousands of high-paying jobs. It was a disappointment from a CUNY perspective,” he said.
Former Tennessee Rep. Harold Ford Jr., who is now a New York City businessman, also took aim at Ocasio-Cortez.
“Creating 25,000 jobs is always a positive thing,” the former representative said of the Amazon deal. “There’s a multiplier effect.”
AOC ripped as financially illiterate…
But but she is a product of today’s Higher Edhttps://t.co/gIJ0LBLl2u
— Newsbeat180l lq (@Newsbeat1) April 6, 2019
Investor rips Alexandria Ocasio-Cortez as ‘financially illiterate’ for killing Amazon deal https://trib.al/J4QG2De
Investor rips Ocasio-Cortez as ‘financially illiterate’ at Sharpton conference https://trib.al/6zhgq8Q
Financially illiterate? How about just ignorant, divisive and selfish?
As much as I hate Amazon for banning my books it would have been good for NYC if the deal went through. But she did make sense when she spoke of the dignity of labor.
(TLB) published this article from The Federalist Papers with our thanks for the coverage.
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