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Posted on 07/05/2026 7:13:01 AM PDT by MtnClimber
Your broker may be speaking funny and saying “y’all” often. I mean, Wall Street in Texas is getting more real by the minute. We thought it was a cool idea a while back, but it may be happening indeed. Check this out:
The Texas Stock Exchange will commence trading on Monday, kickstarting the first real test of one of the most well-funded new exchanges to launch in decades.
The Texas Stock Exchange, a Dallas-based startup, will initiate a phased rollout to take place over the course of July. On Monday, the exchange will open to TXSE members, including approved broker-dealers, banks and trading firms, to trade test stocks initially, then the symbols for thousands of stocks and other equities will come online over the course of the month, allowing the public to start trading.
By the third quarter, exchange officials hope to have Exchange-Traded Products, or ETPs, listed on the exchange and corporate listings available during the fourth quarter of this year, according to a statement from the exchange.
Get your champagne bottle and say something nice about Texas because this one is huge. The impact of this will affect many people.
What’s going on? We like being a business-friendly environment and having a huge GDP, i.e., top 10 in the world. Texas is obviously quite a contrast to California or New York. We want you to make it here, and they want you to make it somewhere else.
The Texas version of Wall Street will create a lot of direct and indirect jobs in the area. I assume we will get more New Yorkers to move down here, but only if they remember which party screwed up the Empire State.
(Excerpt) Read more at americanthinker.com ...
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I am guessing Mamdani destroys the NYSE.
Knowing the Republicans in the Texas legislature, let’s see how long it takes them to screw this up. Once they see how much money it generates, they won’t be able to help themselves.
Wall Street is moving to Y’All Street.
Some Republicans are really democRATs.
Rational people do not invest in highly taxed, regulation happy socialist enclaves such as NYC that are hostile to profit. They invest in friendly places such as Texas and Florida. The lack of investment in urban America is the death knell for these locations. They will need chronic, huge Federal subsidies to just keep the lights on.
It is essential to keep the life forms classification in mind at all times:
n= whale crap
n-1= Democrats/liberals
n-2= RINOs
Y’all are welcome!
Yee Haw ,LOl
Not just Mandami, but the entire judicial and regulatory agencies of NY and DE.
The push for required DEI board members (qualified or not) was part of it.
Plus rulings like boards had fiduciary duties to “the public” (read: democrat pressure groups) and not shareholders.
Taxes, including special taxes on any business on the wrong side of democrats.
Etc.
Exxon dumped DE to be reformed in TX.
I expect some of those New Yorkers will be less socialist economically -- but expect them to maintain their leftist social values regarding abortion, open borders, LGBTQ+ and possibly even DEI.
And leaving the sick, rotting leftist enclaves behind in the quicksand of filth, evil, decay, and stupidity! Let 'em rot! Let 'em sink!
May the total desertion of the NYSE for a capitalist location continue. As for NYC, well, it’ll make good targets for future military practice. No loss for us. I’ve had it with the left...sooner or later, we all know what WILL have to be done.
> I am guessing Mamdani destroys the NYSE. <
There was some Democrat talk awhile back about taxing every stock trade, a few cents per share traded (if I recall correctly). That tax would be additional to any tax on profits made.
Another idea was to impose a tax of 0.01 percent of the value of the security.
Perhaps everything old will become new again.
Perhaps by cutting the electricity at a strategic moment? Please note, "Wall Street" is the last major industry in NYC. The others (notably the seaport) already driven out long ago.
The NYSE already has disaster plans for moving, going back to the Cold War.
It wouldn't surprise me in the slightest if they pre-emptively moved to Dallas. Perhaps to compete with this new Texas Stock Exchange (as they already do with NASDAQ). Perhaps to acquire or be acquired by them in a friendly takeover (if the SEC allows it).
Nail on the head.
I might be pushing it further than you in this, but I won’t do business with a Texan anymore. They think they are one thing and their actions say otherwise.
Ask anyone trying to buy land in Arkansas what they think of Texans.
Ha! Good one.
How true.
Unfortunately.
Give it time. This is all cyclical. Eventually the south will turn rotten, the north will hollow out, people will migrate, and life goes on. It’ll take a century or so, but sure as the sun rises, it’ll happen.
Think last week was hot in NY? Its like that in Texas all summer long.
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