Tag: champagne socialists

Rep. Ilhan Omar’s Net Worth Jumped from $51K to $30 Million in One Year

Democrat “Squad” member Rep. Ilhan Omar (D-MN) has denied being worth millions of dollars, but her latest financial disclosure tells a different story.

In February, she said people were falsely claiming she was worth millions, the Washington Free Beacon reported on Monday.

However, the Beacon’s article shows her net worth in the multimillion range. The outlet, citing a financial disclosure report, continued:

Omar reported in her latest financial disclosure that she and her husband, former political consultant Tim Mynett, accumulated a net worth at the end of 2024 ranging from at least $6 million to $30 million. Their wealth is derived almost entirely from the value of Mynett’s ownership stake in his two companies that, together, were worth no more than $51,000 at the end of 2023. The exact value of Omar’s personal fortune at the end of 2024 is unclear — lawmakers disclose the value of their holdings and debts in ranges. Still, the figures in Omar’s latest disclosures show that her and her husband’s net worth skyrocketed by at least 3,500 percent in just one year.

The Democrat’s surge in wealth is due to Mynett’s two businesses which are a winery and a venture capital firm, per the New York Post.

In February, Omar claimed that conservatives were unfairly targeting her over her finances, the outlet said.

“Since getting elected, there has been a coordinated right-wing disinformation campaign claiming all sorts of wild things, including the ridiculous claim I am worth millions of dollars, which is categorically false,” she stated, adding, “I am a working mom with student loan debt. Unlike some of my colleagues — and similar to most Americans — I am not a millionaire and am raising a family while maintaining a residence in both Minneapolis and DC, which are among the most expensive housing markets in the country.”

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AOC splashed $50K on Puerto Rican getaways while denouncing gentrification on the island

Democratic Rep. Alexandria Ocasio-Cortez spent about $50,000 on ritzy Puerto Rico getaways, even as she decried gentrification on her family’s home island.

The New York congresswoman splashed the five-figure sum in the third quarter of this year, according to Federal Election Commission (FEC) filings.

Ocasio-Cortez’s largest splurge came on June 24 when her principal campaign committee dropped $16,725 on a ‘venue rental’ at the Coliseo de Puerto Rico.

The 19,000-seat stadium is where the Democrat lawmaker filmed herself enjoying global artist Bad Bunny‘s concert in August.

That same summer, Ocasio-Cortez had railed against greedy millionaires’ influence on Puerto Rico.

‘Puerto Rico is an island for working people,’ she wrote on her Facebook account in July. ‘We won’t be pushed out just so vulture capitalists can cash in.’

In a video, Ocasio-Cortez added in Spanish: ‘Puerto Rico is not for sale.’

The Democrat congresswoman’s second-largest expense was a $9,440 expenditure on September 29 at San Juan’s Hotel Palacio Provincial.

The upscale ‘adults only’ hotel has 43 rooms and suites, and is touted as being located in an early 19th century historic building. Rooms start at $269 and suites start at $439 per night.

Ocasio-Cortez also spent $1,507 on August 29 and $680 on July 28 at the Puerto Rico hotel, her campaign filings showed.

The New York lawmaker’s lodging tabs also featured a $3,861 outlay at the Hotel El Convento on August 25.

On that same day, Ocasio-Cortez’s campaign doled out $6,987 on another venue rental at the Coliseo de Puerto Rico.

About two weeks earlier, she had attended a Bad Bunny concert at the arena as part of the Puerto Rican singer’s residency.

On August 12, Ocasio-Cortez uploaded a video of herself at the show on Instagram singing along with Democratic Rep. Nydia Velázquez, of New York. It was not known whether her expenditures were related to the concerts.

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NYC Council is Considering a Massive Pay Bump For Mamdani Before He Even Takes Office

Socialism has always enriched the political class at the expense of the people. One might even say that it does so by design.

Normally, however, the socialists at least try to make their plunder less obvious.

According to the New York Post, Democratic Mayor-elect Zohran Mamdani of New York City will receive a gargantuan pay raise if the City Council has its way.

A new bill, introduced on Tuesday by Councilwoman Nantasha Williams of Queens, and unsurprisingly co-sponsored by 32 Council members, would increase Mamdani’s salary from $258,750 to $300,500 before the new mayor has established a single state-run grocery store or purged a single enemy of the revolution.

In fairness, Mamdani might prefer not to have the political headache.

After all, as the son of two Harvard-educated parents, he enjoys plenty of privilege already. He hardly needs the extra $40,000-plus annually.

Worse yet, the bill would give hefty sixteen-percent raises to members of the City Council. Others, too, including the city comptroller, public advocate, and borough presidents, would enjoy sixteen-percent increases from their already six-figure salaries.

City councillors have not seen a pay raise since 2016.

Of course, in the real world, people who do lousy jobs tend not to receive raises. Here in the private sector, we certainly cannot increase our own salaries by a simple vote.

Moreover, as Democratic state Assemblyman and former council member Kalman Yeger noted, the current council members tried to bring the bill to a speedy vote this month so as to spare the incoming mayor a potentially difficult veto decision. But they ran into a problem when they remembered that the law prohibits them from voting themselves a raise during a lame-duck period after an election.

“The only thing is I think they are worried that the mayor-elect won’t do it,” Yeger said. “They are afraid if they pass it in January and he’d have to veto. How does the mayor-elect justify it, saying the working man can’t afford milk? He can’t sign off to give them a $20,000 raise.”

In short, Mamdani will have to decide whether to further enrich himself and his cronies or to preserve his pro-worker facade.

Like all socialists, of course, he will eventually do the former. But, for appearances’ sake, he might choose to wait.

Meanwhile, on the social media platform X, users predicted that the mayor-elect would follow the historical pattern.

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Elizabeth Warren Gets DRAGGED on Twitter/X Over Billionaire-Bashing Post With Zohran Mamdani

Senator Elizabeth Warren of Massachusetts recently posted a photo of herself with New York City mayor-elect Zohran Mamdani in which she bashes billionaires and says ‘tax the rich.’

This is hilarious on multiple levels. Elizabeth Warren is a multi-millionaire. Zohran Mamdani’s parents are multi-millionaires. Also, Elizabeth Warren has been photographed with billionaire Alex Soros, son of George Soros.

The most important thing to remember here, is that whenever something happens in the United States that excites the progressive left, you will find Elizabeth Warren standing in front of it, claiming it as her own, desperate to associate herself with it.

She has ZERO interest in being a mere U.S. senator from Massachusetts. She sees herself as a national figure.

On a side note, does she own another outfit? Every time you see her, she is wearing this same get-up and the only thing that changes is the pastel color of her blazer. It’s like a uniform.

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Mamdani Under Fire Over Lavish Vacation Just Days After Election

New York City Mayor-elect Zohran Mamdani is under fire after reports surfaced that he jetted off to a lavish political conference in Puerto Rico just days after his election win.

The timing has sparked outrage as the nation faces the longest government shutdown in history.

Critics say Mamdani’s decision reveals where his real priorities lie.

Rep. Mike Lawler (R-NY) blasted the socialist mayor-elect for heading to the upscale SOMOS Conference instead of focusing on working families in crisis.

“If Zohran Mamdani is truly serious about helping working families, he wouldn’t be jetting off to a luxury resort the moment he wins an election,” Lawler told Fox News.

Reports from Politico and City & State confirm that Mamdani is set to attend a reception hosted by New York Attorney General Letitia James at the El Caribe Hilton. The beachfront hotel boasts 17 acres of tropical landscaping, nine restaurants, and an oceanfront pool complex.

Fox News said it obtained an invitation proving Mamdani’s attendance at the Thursday night event. The conference schedule includes luncheons and panels with titles like “Celebrating Human Services Together” and “Workforce Development Through Rising Communities.”

The event will wrap up with a “Toes in the Sand Beachfront Party,” according to the program.

Lawler didn’t stop there, suggesting that other top Democrats like Senate Minority Leader Chuck Schumer (D-NY), House Minority Leader Hakeem Jeffries (D-NY), and New York Gov. Kathy Hochul (D) might also be attending, per Trending Politics.

“If so, why? Who’s looking out for New Yorkers while they’re on the beach?” Lawler said.

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IRONY: Zohran Mamdani’s Victory Party Featured a CASH Bar With Very Expensive Drinks

After months of promising the voters of New York City all kinds of free stuff, Zohran Mamdani’s post-election victory party featured a cash br with very pricey drinks. How’s that for irony?

People who showed up were probably expecting some free treats, and not just because it was a party for Mamdani. It’s pretty standard for an event like this to feature an open bar, at least for part of the evening.

This may be a metaphor for things to come under the new mayor. Won’t it be funny if that’s the case?

The New York Post reports:

Zohran Mamdani’s push to make NYC ‘affordable’ doesn’t extend to victory party — with $13 beers at pricey bar

Zohran Mamdani’s freebie-filled agenda didn’t extend to his victory night party that featured a pricey cash bar for his throngs of supporters – including $13 beers.

The jubilation at the Brooklyn Paramount was fueled by Mamdani’s win over former Gov. Andrew Cuomo and Guardian Angels founder Curtis Sliwa – as well as espresso martini coolers that reportedly cost $22 and $15 glasses of Riesling white wine.

The music venue’s menu – including PBR beers at $13, Montauk Summer Ale at $16, Indian Wells Chardonnay for $15 and shaker cup cocktails that cost as much as $22 – was posted on X by Politico reporter Jeff Coltin Tuesday night.

Hampton Water Wine cost $13 while the Paramount old fashioned went for $22 a pop.

Non-alcoholic drinks and pretzel-wrapped hot dogs were a more modest $12 and $10, respectively.

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Oligarch-Battling Bernie Sanders Thinks It’s Perfectly Normal To Own Three Homes

Oligarchy fighter and working class man of the people Bernie Sanders sees nothing out of the ordinary in owning three large properties.

When recently questioned about his three houses, the ‘No Kings’ figurehead passed it off as if most Americans own multiple properties and he’s just like everyone else.

“Do I own three residences? Yes I do,” declared Sanders.

He then explained that he has “a beautiful home in Burlington,” a place in Washington, and “like many thousands of people in the State of Vermont” he has a “Summer camp on Lake Champlain.”

“It’s a nice one,” he enthused.

“That’s it!” Sanders declared.

Oh is that all?

Everyone has a vacation pad, right?

Aside from their other two houses.

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Elizabeth Warren: Leftism For Thee But Not Me

When Sen. Elizabeth A. Warren recently traveled to the Big Apple to endorse New York City mayoral candidate Zohran Mamdani, she was asked if overt socialism is really the best model for Democrats to adopt. “You bet,” she replied in her signature folksy style.

The Boston lawmaker wasn’t just jumping on the sudden trendiness of socialism three-and-a-half decades after its near-extinction. With fellow Senate traveler Bernie Sanders, Warren has been a catalyst for moving her party to the left since her first campaign in 2012. 

She and Sanders are, in many ways, the godparents of the self-avowed Democratic Socialists such as Mamdani and Alexandria Ocasio-Cortez, who are providing the youthful energy for the Democrats in the Trump era.

As Warren’s attacks on Wall Street and the wealthy are gaining even wider traction among liberals – a recent Gallup poll found 66% of Democrats have a positive view of socialism – the apparent contradictions between her public economic positions and private financial decisions are receiving new scrutiny, particularly as the one-time presidential candidate appears to be testing those waters again. 

Charity Doesn’t Begin at Home

Financial records examined by RealClearInvestigations show that Warren has hardly followed the path of socialism in her personal finances. Start with the redistribution of wealth. Warren tirelessly bashes the “selfish” and “greedy” rich for not paying their “fair share,” and demands the government step in and redistribute their income to the poor. But charity does not always begin in the Warren home.

While Warren hauls in nearly $1 million a year, she donated less than 3% of her household income to charity in 2024, according to her tax returns. This is much less than the charity of the Obamas, for instance, who typically donate more than 20% of their earnings to the needy and philanthropic causes, and low for the average American in her income bracket, studies show. The average millionaire donates more than twice her share.

It also appears that Warren opens her pocketbook wider when she’s running for national office and under a bigger media microscope. 

The $26,669 in charitable deductions Warren reported on her tax returns last year pales in comparison to the $81,858, or 9% of income, she reported as she launched her campaign for the White House in 2020.

And the outspoken Democratic leader keeps her own tax burden down while calling for higher taxes on “millionaires and billionaires.”

Records show Warren is not averse to taking maximum advantage of provisions in a tax code she denounces as unfair. She has, for example, written off used articles of clothing on her taxes and has had to correct past returns for inflating the value of those items. She’s also written off thousands of dollars in used books – and even in-flight WiFi to expense down business income. And she would exempt herself from her proposed “Ultra-Millionaire Tax,” which levies a surtax on those with a net worth above $50 million.

With a net worth of at least $8 million (with estimates as high as $12 million), Warren has benefited handsomely from free market capitalism – even as she has spent most of her career in the public and educational sectors.

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REPORT: Far Left Massachusetts ‘Squad’ Member Ayanna Pressley is a Millionaire Just Like Her Pal Ilhan Omar

Last week, it was revealed that far left, anti-capitalist Rep. Ilhan Omar of Minnesota is sitting on millions.

Now it turns out, her fellow ‘Squad’ member Ayanna Pressley of Massachusetts is also a millionaire. Pressley has apparently made her fortune in real estate, which is especially funny because she joined other Democrats in leading a movement against landlords just a few years ago.

According to the report, Pressley also owns a property on Martha’s Vineyard, which should surprise no one. Democrats are obsessed with the Vineyard, for some reason.

From the New York Post:

Squad’s Ayanna Pressley reaps windfall as Boston landlord, joining Omar in millionaire club: ‘hypocrite’

Lefty Rep. Ayanna Pressley – who once camped out on the Capitol steps for taxpayer-funded rent relief — reaped a windfall as a Boston landlord last year, The Post has learned.

Pressley (D-Mass) and her ex-con hubby, management consultant Conan Harris raked in up to a staggering $350,000 in profit last year from a property sale and rental income that includes a decidedly capitalist pad on Martha’s Vineyard, Pressley’s 2024 annual financial disclosure reveals.

Financial disclosures show Pressley — who disclosed as much as $8 million in assets, the first time she’s declared over $1 million — now joins Squad comrade Rep. Ilhan Omar (D-Mich.) in the millionaire’s club, a far cry from the working-class warrior image she tries to project.

“Ayanna Pressley is a hypocrite who preaches socialism while pocketing millions,” Republican National Committee spokeswoman Kiersten Pels told The Post.

“She tells everyday Americans they must be forced to defund the police and live with sky-high crime in their communities while indulging in private security. Pressley is a fraud – just like the rest of the Squad.”

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“I’m So F**king Sick Of Watching Politicians Get Rich While They’re In Office…”

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.

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