Ocasio-Cortez Called “Financially Illiterate” As Calls Mount For Her To Be Removed From Office

Here's more, from the NY Post:

Rep. Alexandria Ocasio-Cortez was ripped as “financially illiterate” Friday for her role in killing the Amazon deal at the same Midtown conference where she was a featured speaker a couple of hours earlier.

“The people campaigning against the Amazon campus are financially illiterate,” Tracy Maitland, president and chief investment officer of Advent Capital Management, said during a panel discussion at the National Action Network conference in Midtown.

Afterwards Maitland told The Post, “This was a disgrace. I partially blame AOC for the loss of Amazon. She doesn’t know what she doesn’t know. That’s scary. We have to make sure she’s better educated or vote her out of office.”

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,” said Thompson, the former city comptroller.

“Those students look like us … We’re talking thousands of high-paying jobs. It was a disappointment from a CUNY perspective.”

Thompson and Maitland spoke on a panel about “The Black Economic Agenda: Driving Capital into the Hands of Black Asset managers and Housing Developers” in the Empire Room of the Sheraton New York.

A couple of hours earlier, Ocasio-Cortez addressed the conference’s main audience in the ballroom across the hall and spoke mainly about inequality. Amazon’s sudden decision to withdraw from Queens — and bring 25,000 high-paying jobs — didn’t come up in that venue.

Fox News confirmed the story:

Hours before Alexandria Ocasio-Cortez called for an “agenda of reparations” at an Al Sharpton-sponsored event in New York on Friday, she was slammed as “financially illiterate” at the same conference for killing the Amazon deal with the state.

Ocasio-Cortez spoke to the crowd at the National Action Network, saying her Green New Deal will consider reparations to black Americans for slavery in addition to the radical overhaul of the economy in a bid to combat climate change.

But at the same conference, hours before Ocasio-Cortez’s speech, an investor ripped those who opposed the Amazon deal with the state that would have generated billions in tax revenue and 25,000 jobs.

“The people campaigning against the Amazon campus are financially illiterate,” said Tracy Maitland, president and chief investment officer of Advent Capital Management during a panel discussion the Black Economic Agenda, according to the New York Post.

“The people campaigning against the Amazon campus are financially illiterate.”

— Tracy Maitland

He later told the newspaper that he blames the 29-year-old Democratic Socialist for spreading misinformation and helping to kill the agreement with Amazon that would have benefited people in her home state.

“This was a disgrace. I partially blame AOC for the loss of Amazon. She doesn’t know what she doesn’t know. That’s scary. We have to make sure she’s better educated or vote her out of office,” he said, noting that Ocasio-Cortez implied the state was giving a blank $3 billion check rather than tax credits based on the number of jobs created.

“This was a disgrace. I partially blame AOC for the loss of Amazon. She doesn’t know what she doesn’t know. That’s scary. We have to make sure she’s better educated or vote her out of office.”

— Tracy Maitland

Bill Thompson, the chairman of the City University of New York, also said during the panel that jobs were “snatched away” from mostly Latino and black students at the university.

“We were at the table talking to Amazon on how students could get jobs. … Those opportunities were snatched away,” Thompson was quoted as saying.

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