Ilhan Omar: Preaching Socialism, Practicing Capitalism
I am so f**kng sick of watching politicians on both sides of the aisle get rich while they’re in office. But when politicians rail against millionaires and billionaires while quietly joining their ranks, it’s even worse, because it’s hypocrisy dressed up as virtue.
Few examples are as glaring as Rep. Ilhan Omar’s latest financial disclosure.
Just months ago, Omar dismissed rumors about her personal wealth as “ridiculous” and “categorically false,” insisting she was just a working mom with student loan debt.
Now, according to filings reported by the New York Post and Washington Free Beacon, Omar and her husband, Tim Mynett, are sitting on a net worth of up to $30 million. That’s a 3,500% jump in a single year.
Either her financial situation changed at the speed of light, or her earlier denials weren’t worth much. And the hypocrisy runs even deeper when it comes to those who spend their careers railing against capitalism, wealth, and inequality. Which is to say nothing of Omar’s critiques of the U.S., calling it “one of the worst countries” in a recent interview.
Her net worth didn’t come from thriftiness on a congressional salary. It came from her husband’s businesses: a California winery and a Washington, D.C.–based venture capital firm, Rose Lake Capital.
The winery was valued at a measly $15,000 to $50,000 last year but is now worth up to $5 million. Normal.
Rose Lake Capital went from essentially worthless to being valued between $5 million and $25 million, while the company boasts of managing a staggering $60 billion in assets.
Not bad for a family that supposedly embodies the struggles of everyday Americans.
And lets just say Omar’s net worth surge was legitimate for a second. She married into wealth — or her husband is just a resounding success — that’s not what bothers me.
What bothers me the most is that Omar has built her career thundering against the wealthy and declaring capitalism a system rigged against the little guy. She lectures about inequality, demonizes people who accumulate fortunes, and paints millionaires as morally compromised. Yet here she is, supposedly reaping the rewards of venture capital and luxury wine—two industries not exactly known for their devotion to socialist ideals.
Hellbound and Down 