Minnesota Democrat Rep. Ilhan Omar Suddenly Somehow Worth $30 Million, According to Report

Valletta · Monday at 8:56 PM

Minnesota Democrat Rep. Ilhan Omar Suddenly Somehow Worth $30 Million, According to Report | The Gateway Pundit | by Mike LaChance

Minnesota Democrat Rep.

www.thegatewaypundit.com

Like the Pelosis and Hunter Biden they are prodigies.

Oompa Loompa · Monday at 9:08 PM

Valletta said:
Minnesota Democrat Rep. Ilhan Omar Suddenly Somehow Worth $30 Million, According to Report | The Gateway Pundit | by Mike LaChance

Minnesota Democrat Rep.

www.thegatewaypundit.com

Like the Pelosis and Hunter Biden they are prodigies.

Remind me of whatever happened to the leftist "Occupy Wallstreet" protest. Is it that now when Democrats are in the cross hairs that the left all of a sudden become silent? Say it ain't so?

Always in His Presence · Monday at 9:19 PM

She is now part of the top 5% now. Tax the rich!

RileyG · Monday at 9:21 PM

Valletta said:
Minnesota Democrat Rep. Ilhan Omar Suddenly Somehow Worth $30 Million, According to Report | The Gateway Pundit | by Mike LaChance

Minnesota Democrat Rep.

www.thegatewaypundit.com

Like the Pelosis and Hunter Biden they are prodigies.

Odd!

Oompa Loompa · Monday at 9:25 PM

RileyG said:
Odd!

Maybe a new app can start then will track Omhar's stock purchases just like the Pelosi's?

FAITH-IN-HIM · Tuesday at 7:46 AM

Valletta said:
Minnesota Democrat Rep. Ilhan Omar Suddenly Somehow Worth $30 Million, According to Report | The Gateway Pundit | by Mike LaChance

Minnesota Democrat Rep.

www.thegatewaypundit.com

Like the Pelosis and Hunter Biden they are prodigies.

I agree that Rep. Omar's rapid wealth increase is noticeable, but your post seems biased. Other representatives like Marjorie Taylor Greene and several newcomers to Congress from both political party in the past six years have also accumulated significant wealth.

Rules are needed to prevent excessive wealth accumulation by members of Congress. However, this is difficult when voters only criticize the other side and ignore similar behavior from their own.

FAITH-IN-HIM · Tuesday at 8:01 AM

RileyG said:
Odd!

This behavior is not unusual within Congress. Both political parties have taken advantage of their positions by serving on committees with access to confidential information, which they often use to buy and sell stocks. It appears that insider trading laws are never enforced in these situations.

Both parties discuss rule-making in Congress, yet when it comes to passing bills, 90% vote together—one of the few instances of overwhelming bipartisanship in the US Congress.

A quick AI search on congressional ethics rules and stock trading shows that legislation is introduced nearly every year, but it typically fails to pass or remains stuck in committee.

In the past, members of the public generally wanted Congress to address these issues and tended to hold Congress accountable for not passing such legislation, regardless of their political affiliation. Today, however, there appears to be a tendency among some voters to overlook concerns when politicians from their preferred party accumulate wealth, while objecting when politicians from the opposing party do so. As a result, the focus has shifted away from evaluating actions as right or wrong, and instead centers on criticizing the opposing side. This discussion illustrates that trend.

RocksInMyHead · Tuesday at 8:10 AM

FAITH-IN-HIM said:
I agree that Rep. Omar's rapid wealth increase is noticeable, but your post seems biased. Other representatives like Marjorie Taylor Greene and several newcomers to Congress from both political party in the past six years have also accumulated significant wealth.

Also, it appears that nearly all of "her" wealth is coming from her husband's stake in a venture capital firm. Rapid changes in valuation are pretty common in that sector, because the entire business model is "convincing really rich people to give you a bunch of money to invest." Seems like he and his business partner(s) found some really rich people willing to give them a bunch of money.

DaisyDay · Tuesday at 8:15 AM

Valletta said:
Minnesota Democrat Rep. Ilhan Omar Suddenly Somehow Worth $30 Million, According to Report | The Gateway Pundit | by Mike LaChance

Minnesota Democrat Rep.

www.thegatewaypundit.com

Like the Pelosis and Hunter Biden they are prodigies.

What is Pelosis? And gatewaypundit?

Hunter Biden is a shirker compared with Eric and Donald Jr, not to mention President Trump who has increased his wealth by billions just since reacquiring office.

But Congress should pass the law against elected US officials trading individual stocks - and without the special exception of the president.

GoldenBoy89 · Tuesday at 9:27 AM

Good for her! She must be doing something right.

Oompa Loompa · Tuesday at 10:38 AM

FAITH-IN-HIM said:
This behavior is not unusual within Congress. Both political parties have taken advantage of their positions by serving on committees with access to confidential information, which they often use to buy and sell stocks.

Insider trading is illegal. What happened to "no one is above the law?" Completely explains why democrats are so opposed to the Pelosi bill that prohibits congressional members from buying and selling stocks.

iluvatar5150 · Tuesday at 10:39 AM

In a string of dumb, ill-conceived threads, this one stands out.

First, financial disclosures in the federal government don't show exact amounts. They show broad ranges for the values. Omar's disclosure puts her net worth at anywhere between $6m and $30m. Calculating her ROI based on the $30m figure is somewhere between dishonest and stupid.

Second, the money comes from her husband's ownership stakes in a winery and a VC firm. How did the valuations grow so rapidly? Perhaps it had something to do with the fact that the winery was only founded in 2021 and the VC firm in 2022.

How did she go from negative net worth in 2019 to millions now? They got married in 2020.

Valletta · Tuesday at 10:40 AM

FAITH-IN-HIM said:
I agree that Rep. Omar's rapid wealth increase is noticeable, but your post seems biased. Other representatives like Marjorie Taylor Greene and several newcomers to Congress from both political party in the past six years have also accumulated significant wealth.

Rules are needed to prevent excessive wealth accumulation by members of Congress. However, this is difficult when voters only criticize the other side and ignore similar behavior from their own.

MTG owns her family’s construction business and was well off before she entered Congress. Omar went from a negative worth in 2019 to today's incredible fortune! Omar was alleged to have an affair with Mynett, the went through a divorce, and she ended up marrying Mynett. Omar had funneled a lot of campaign money into Mynett's political consulting firm. Then Mynett left the consulting firm and started a bunch of businesses.
So we will see. I am adamant that if a politician or bureaucrat acts unethically they should be held accountable.

iluvatar5150 · Tuesday at 10:45 AM

Valletta said:
I am adamant that if a politician or bureaucrat acts unethically they should be held accountable.

No, you're not. You continually stump for Trump and have never so much as given a second glance at he and his family using their positions within government to enrich themselves.

Hans Blaster · Tuesday at 10:50 AM

DaisyDay said:
What is Pelosis?

Pelosis is one of the minor demigods of Greek mythology, I believe some Christians mapped its identity onto a minor demon.

DaisyDay said:
And gatewaypundit?

The "gatewaypundit" is the personal blog of Jim Hoft gone awry. Let me quote the lead of the wikipedia entry:

The Gateway Pundit (TGP) is an American far-right [2] fake news website.[1] The website is known for publishing falsehoods, hoaxes, and conspiracy theories.[35]

It has added a couple of "reporters" to give it the semblance of "news".

GP is the poisoned fruit of the Christian nationalist tree of Phillys Schlafly that has brought us the "Schlafly Eagles", Conservapedia (sp), "Eagle Ed" Martin at the DOJ weaponization project, and those old granite "10 commandments" movie promotional monumnets that are still floating around (or rather, haven't been removed from the local courthouse yet).

Oompa Loompa · Tuesday at 11:04 AM

iluvatar5150 said:
In a string of dumb, ill-conceived threads, this one stands out.

Fair. Then go somewhere else. You dont have to be here and participate. So go and frequent some of the numerous "dumb, ill-conceived" liberal threads.

iluvatar5150 · Tuesday at 12:10 PM

Oompa Loompa said:
Fair. Then go somewhere else. You dont have to be here and participate. So go and frequent some of the numerous "dumb, ill-conceived" liberal threads.

I usually do. That’s why my participation here has been way down in recent months, but once in a while I find myself in the mood to go slumming a bit.

FAITH-IN-HIM · Tuesday at 12:55 PM

Oompa Loompa said:
Insider trading is illegal. What happened to "no one is above the law?" Completely explains why democrats are so opposed to the Pelosi bill that prohibits congressional members from buying and selling stocks.

A prevailing concern is that voters frequently attribute responsibility only to the party they oppose. While I concur with Rep Nancy Pelosi's stance against ethics legislation that would ban congressional stock trading, it is important to note that approximately 90% of Congress, irrespective of party affiliation, shares this perspective. Nonetheless, public criticism often targets solely the party that individuals do not favor.

If we truly want to be honest about this issue, we must blame both side.

FAITH-IN-HIM · Tuesday at 1:39 PM

Valletta said:
MTG owns her family’s construction business and was well off before she entered Congress. Omar went from a negative worth in 2019 to today's incredible fortune! Omar was alleged to have an affair with Mynett, the went through a divorce, and she ended up marrying Mynett. Omar had funneled a lot of campaign money into Mynett's political consulting firm. Then Mynett left the consulting firm and started a bunch of businesses.
So we will see. I am adamant that if a politician or bureaucrat acts unethically they should be held accountable.

I do not deny that Omara had limited financial resources upon entering Congress but has accumulated considerable wealth over the past eight years. Likewise, Marjory Taylor Greene was already affluent prior to her congressional tenure, yet she too has earned millions through trading since assuming office.

My main point is this: individuals from both parties appear to be leveraging their positions of power for personal gain. There seems to be a pattern of abuse, and neither side shows initiative to address these concerns. Notably, when reviewing legislation aimed at restricting congressional members from engaging in trading, 90% of member vote in alignment. This issue represents one of the few instances where Congress votes almost unanimously.

It is unlikely that any action will be taken regarding Oamar. For Congress to investigate her wealth or potential abuse of position, they would also need to examine other members. Despite divisive political environment, all member of Congress like the way things are in congress regarding ethics and trading policy.

If voters want change, we need to hold both sides accountable rather than focusing on just one. Justifying MTG’s wealth while scrutinizing Omara reflects a lack of impartiality.

iluvatar5150 · Tuesday at 2:13 PM

You guys are all welcome to disprove my suspicions and condemn the Trump family's profiteering over here:

Trump’s business has expanded since 2016 — and so have his potential conflicts

As president, Trump could shape policy on cryptocurrency and social media, two industries in which he has new financial interests. Former president Donald Trump told cryptocurrency fans at a national bitcoin conference this summer that if elected to a second term, he would turn the United...

www.christianforums.com

I'm not gonna hold my breath.

Minnesota Democrat Rep. Ilhan Omar Suddenly Somehow Worth $30 Million, According to Report

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