Showing posts with label Financial disclosure. Show all posts
Showing posts with label Financial disclosure. Show all posts

Wednesday, June 24, 2026

A 3,500 percent spike, then a cliff

Ilhan Omar's financial disclosures now claim her husband earned as little as $200

one year after reporting up to $30 million in assets

Rep. Ilhan Omar's newly released 2025 financial disclosure tells a story that defies easy belief: her husband Tim Mynett, a 44-year-old Washington operative who just a year earlier sat atop a reported fortune of up to $30 million, now earned as little as $200 from all his business ventures combined.

The couple's net worth, per the filing, has plunged into negative territory, somewhere between negative $80,000 and negative $95,000.

The New York Post reported that Mynett's venture capital firm, Rose Lake Capital, generated zero income for him in the 2025 disclosure period. His California wine business, eStCru, which sold bottles including one called "The Devil's Lie", brought in between $200 and $1,000 before going belly up in April.

The couple's total assets now sit between $20,000 and $125,000, weighed down by $30,000 to $100,000 in credit card and student-loan debt.

That is quite a fall for a sitting congresswoman whose 2024 disclosure reported a sudden wealth surge to between $5 million and $30 million, a figure that itself arrived out of nowhere and raised immediate red flags.

The financial whiplash is worth tracing in full. As Just The News reported, Omar's net worth at the end of 2023 stood at roughly $51,000 or less. By the end of 2024, her disclosure showed it had rocketed to between $6 million and $30 million, a 3,500 percent increase in a single year. The growth was driven almost entirely by Mynett's stake in Rose Lake Capital, which jumped from less than $1,000 in assets to between $5 million and $25 million.

In February 2025, Omar herself pushed back on the millionaire label. She posted on X that claims of her wealth were "categorically false" and "ridiculous," and challenged followers to check her public financial statements. "Maybe try checking my public financial statements and you will see I barely have thousands let alone millions," she wrote.

Then came the amended 2024 disclosure, filed in March. Omar slashed the reported asset figures dramatically, listing household assets between $18,004 and $95,000. Mynett's ownership stakes in both Rose Lake Capital and eStCru were zeroed out.

Omar's office attributed the original eye-popping numbers to an "accounting error."

Read about Omar

Friday, May 22, 2026

The Funding the Biden White House Pretended Not to See

MIT Took 368 Million Dollars From China and Now Congress Wants Answers

The Chinese Communist Party spent years funneling hundreds of millions of dollars into American universities to steal military research.

Republicans warned this was happening – and the Biden administration shut down every investigation they had running.

Now Congress is back, and nine universities just got letters they cannot ignore. Senate HELP Committee sent letters Thursday to Bryant University, University of Texas at Arlington, University of Arizona, Georgia Institute of Technology, UC Berkeley, MIT, Portland State University, University of Minnesota Twin Cities, and UC Irvine – demanding they explain their financial relationships with CCP-tied entities.

MIT alone has received $368.6 million from China, according to the Department of Education's foreign funding portal.

Read about the staggering numbers

Friday, April 24, 2026

From $30 Million to $95,000 After Congress Came Knocking

Top Oversight Official Puts Felony Question in Play Over Ilhan Omar’s Finances

Ilhan Omar spent years lecturing Americans about greed, corruption, and the rigged system protecting the powerful.

Now her own financial records are under federal scrutiny.

What Comer found in her amended disclosure is what's putting her in serious legal jeopardy. The facts are not in dispute.

Omar's 2024 congressional financial disclosure listed her and husband Tim Mynett with assets between $6 million and $30 million.

After the Office of Congressional Conduct requested additional information earlier this year, Omar filed an amended disclosure. The new number: between $18,004 and $95,000.

Twenty-nine million dollars – gone. Accounting error, her office said.

Read about Omar

Thursday, January 1, 2026

Payments went to Dead People and Illegals

Report Reveals $5.8 Billion in ‘Questionable’ Payments to Dead Tenants and Non-Citizens Under Biden

There’s an old saying about trust: it takes years to build and seconds to destroy.

The same might be said of taxpayer dollars—earned through sweat and sacrifice, collected by a government that promises to spend them wisely, and supposedly directed toward those who genuinely need help. Most Americans accept that some of their hard-earned money will go toward keeping vulnerable neighbors housed. That’s the deal we make.

But here’s the thing about deals: they only work when both sides hold up their end. What happens when the people entrusted with billions simply stop paying attention? Or worse, what if they never really cared to begin with?

A damning new report from the U.S. Department of Housing and Urban Development answers that question in devastating detail. According to HUD’s Agency Financial Report for fiscal year 2025, approximately $5.8 billion in federal rental assistance went to “questionable” recipients during fiscal year 2024 alone—out of roughly $50 billion distributed that year.

Let that sink in: more than one in ten dollars went somewhere it probably shouldn’t have.

Read more about it...

Wednesday, October 29, 2025

Florida's Financial Health Report Card

Florida’s Financial Breakdown

The outcome was a $23.4 billion surplus, which breaks down to $2,900 per taxpayer.

Florida had $108.1 billion available to pay $84.7 billion worth of bills.

The data in this report is derived from Florida’s audited 2024 Annual Comprehensive Financial Report and its retirement systems’ reports.

To explore prior years or compare financial, demographic, and economic data across other states and cities, visit Data-Z.org.

Temporary pandemic-related programs increased Florida’s federal funding starting in 2020, helping provide money to pay its bills. As these programs end and national fiscal pressures rise, federal grants and contributions may return to 2019 levels adjusted for inflation.

If that happens, Florida could lose $11.1 billion in federal funding, which is nearly 8 percent of estimated expenses for the state’s primary government. This shortfall could strain the state’s ability to maintain services, meet obligations, and balance its budget.

Although Florida had less money available in 2024 than the year before, it still ended the year with $23.4 billion more than needed to pay its bills. This resulted in a Taxpayer Surplus™ of $2,900 and earned the state a “B” grade from Truth in Accounting.

Florida’s money available to pay bills declined mainly because more funds became legally restricted for specific uses such as transportation, the Hurricane Catastrophe Fund, and Reemployment Assistance.

These funds support highways, public transit, storm-related insurance claims, and temporary unemployment relief. While vital, these restrictions reduce the resources available for other future obligations and priorities, limiting Florida’s financial flexibility despite serving important public needs.

Is your State on the List?

Tuesday, April 22, 2025

Senator Warnock has some explaining to do

'Something very wrong is afoot'

Investigation sought into senator's free use of $1 million luxury home

"An ethics and accountability organization is calling for a special investigation into U.S. Sen. Raphael Warnock, a Democrat from Georgia, for a sweetheart deal he enjoys: A $1 million luxury home bought for him about the time he was elected and to which he has complete access.

Without paying rent.

It is the Foundation for Accountability and Civic Trust that charges that Warnock is living rent-free in a home that Ebenezer Baptist Church bought in 2022 for $989,000 just as he was elected to the Senate, but he "has not included any information about being provided housing on his financial disclosure report."

He does report an annual "income" from the church of just under what the Senate determined is a maximum amount a senator can "earn" from an outside source, a limit that was about $32,000 in 2023.

One theme throughout federal law and Senate Ethics rules is that members may not generally accept anything of value unless an identified exception applies, and if they do accept something it must be disclosed to the public."

Read more at WND

Representatives and Senators are limited to earning 15% in excess of their yearly Congressional salary. Income from personal investments is regarded as “unearned” income, and is not subject to the 15% rule.

In 2025, U.S. senators earn an annual salary of $174,000, which has remained unchanged since 2009. Additional leadership positions, such as the Speaker of the House, earn higher salaries.

Thursday, June 27, 2024

The integrity of our judicial process demands full transparency

Judge Cannon Grills Jack Smith’s Prosecutor Over Funding For Special Counsel

In a striking courtroom exchange that underscores the delicate balance of power between the judiciary and executive branches, Judge Aileen Cannon confronted the prosecution team led by Special Counsel Jack Smith regarding the funding mechanisms of the Special Counsel’s office.

This rigorous scrutiny emerged as part of ongoing proceedings in the high-profile case against former President Donald Trump, involving classified documents.

The special counsel has not released a financial report since September 2023 which is a violation of the 6-month reporting requirement, investigative reporter Julie Kelly said.

Read about it...

Wednesday, September 6, 2023

Clarence Thomas Released his Financial Disclosure

Justice Clarence Thomas Just Released his Financial Disclosure

"Democrats have had it out for Justice Thomas from the first day he was nominated as a Supreme Court Justice.

After they found out about his friendship with Harlan Crow, they started to demand he be removed from the bench.

Well, old Clarence just turned the tables on them a bit.

The big huff now is that Thomas was getting “gifts” from his buddy Crow. But, Thomas did not do anything wrong because the reporting rules at the time did not require him to report the gifts.

JUST CHANGE THE FREAKING RULES!

So, what to the DIMS do? They changed the rules so now Thomas’ filings show everything… including the gifts from Crow."

And we suspect there was some funny accounting going on when Biden said he rented a vacation home at Lake Tahoe for a staggering $18 million from his friend, Tom Steyer, for six days at taxpayers’ expense. They learned quickly after the DIMS went after Clarence Thomas for taking free vacations.

The White House defended Biden by claiming this is a “fair market value.”

Hunter Biden, who is under federal investigation for money laundering, tax evasion, and a gun felony, was also present at the Tahoe mansion.

Read more...

Friday, August 25, 2023

Biden PAC reports Missing Millions

Biden PAC Exposed in Shock Report – You Won’t Believe How Much Just Went “Missing”

A political action committee is a group that mostly raises cash for political campaigns. Politicians often rely on these groups to keep their candidacies alive. Millions and millions of dollars flow through these PACs since they are rarely limited by the same financial restrictions that are placed on campaigns.

As you can imagine, Democrats love PACs.

One particular group has been helping to bankroll Joe Biden’s campaign. Future Forward USA Action has been raising millions to keep leftist puppet Joe in office. According to recent filings, the group deposited millions of dollars into its related PAC Future Forward. Except, millions have gone missing. And someone might be in big trouble.

From The Epoch Times:
Nearly $12 million is missing in financial disclosures for a super political action committee for President Joe Biden, prompting calls for an investigation.
Read about the missing millions

Saturday, March 25, 2023

Dr. Anthony Fauci, the Millionaire

Fauci Financials Leaked… The Public Had No Idea!

There’s a principle derived from Christian Scripture that says you “reap what you sow.”
  • Dr Anthony Fauci is the highest-paid federal employee - earning more than President Joe Biden
  • Fauci earns $434,312 as head of the NIAID while presidents earn $400,000 annually since 2001
  • New disclosures show he also receives royalties exceeding $100,000 a year from medical textbooks
  • In 2020 he accepted a $5,000 'travel reimbursement' to virtually attend the RFK Ripple of Hope gala
  • Publicly available salary information for Fauci shows he earned $3.6 million from 2010 to 2019
  • He will make roughly $2.5 million more for the years 2020 through 2024 if he stays on through Biden's term
  • Fauci's wife, Christine Grady, earns $176,000 as Chief of the Department of Bioethics at the NIH
  • His investment accounts total $8,337,940.90, while she is worth $2,083,097.09, leaked declarations show
  • Fauci's records show that he was paid $13,298 to attend four galas and ceremonies - three of them virtual
Read more...

And for those liberals who diss InfoWars, there are other links.

Monday, December 3, 2018

Rick Scott wins again

Court Blocks Lawsuit Wanting Scott to Disclose More about His Assets

There are so many disgruntled Democrats. They can't get over they lost the 2016 election and now can't get over that they lost the Governorship and Senate seat to Republicans in Florida. They tried hard enough to win especially in Broward.

This particular Democrat filed a lawsuit against Rick Scott--didn't like his financial disclosures it seems. But then, Democrats don't like anything Republicans do and continue to make waves every chance they can get.

Read about it...

And this is how it will be for the next few years.

Wednesday, September 14, 2016

Palm Beach County Commission

Comment Up
Katie McGiveron
speaking before the Board of PB County Commissioners
on Tuesday, September 13, 2016
on those elected officials who had accepted campaign contributions from the Atlanta Braves,
 a lobbyist for the Atlanta Braves,
 and a baseball affiliate.

She suggested that if an issue comes before them where there could be a perception of or a possible conflict of interest such as voting on a Spring Training facility at our county park and they have accepted a campaign donation, then they should recuse themselves from the discussion and the vote.  Steve Abrams said that they had to vote--that was the reality.

One of the interesting items on the agenda was to approve of the architectural/engineering design services associated with Fire-Rescue Station No. 22 Minto Westlake project in the amount of $375,398 with a total cost of $3.8 million for the station.  This came up after they all agreed that they got screwed on the Minto West/Westlake decision they had made.  Even Drew Martin told them, "If the county had listened to the people out there, you would never have passed this [MintoWest]."

SUMMARY: This contract provides for the design, permitting and construction administration services for a 4 bay fire station, approximately 10,000 sq. ft., on Seminole Pratt Whitney Road in the City of Westlake. The estimated construction cost is $3,800,000. The Small Business Enterprise (SBE) participation for this contract is 94.8 96.1%. Stephen L. Boruff, AIA Architects + & Planners, Inc., is a local business and will be using all Palm Beach County sub-consultants. In fulfillment of County policy and land development regulations, a site for a permanent Station No. 22 was identified by County staff and committed by Minto Communities for approval of the Minto West Development Order granted by the Board on October 29, 2014 (R-2014-1646). Conveyance of that site to the County is due no later than May 31, 2017, which was intentionally timed to allow for design, permitting and construction within the term of the existing temporary Station 22 Lease Agreement. (Capital Improvements Division) District 6 (LDC) (FDO)

Fine and dandy, right? Wrong. As Minto/Westlake will have thousands of new homes and retail, they will need a new fire station. Every time a government allows new development, the infrastructure costs fall on the backs of the resident taxpayers. The Board of County Commissioners voted on this expenditure even after Commissioner Burdick had staff confirm that the county did not own this land. That is not due to happen until seven more months, if it happens. Burdick was for it if and when the land was conveyed to Palm Beach County. This board, still trusting Minto/Westlake, passed the item on a 6/1 vote anyway.

No one listens to common sense. Elected officials rarely listen to the residents.

Monday, April 13, 2015

Skinning the Cat

Comment Up

On Saturday, the Mayor's letter to the residents was hung on the doors in various parts of the city explaining that it is their job to provide safe, clean water. There are 2 inch pipes in various locations of our city that need replacement that are old and rusty. In one case, water could no longer get through the pipe. There are 23 miles of pipes that the City wants to replace but they will only touch on 17 miles over a six year period.

She wants the commission to approve of a State Revolving Fund Loan for this purpose that provides lower interest rates. The Commission directed staff to fund the capital improvement through water system revenue financing, proving that there is more than one way to skin the cat, as the general obligation bond was defeated. Estimated engineering, construction and financing costs for the six year project are $16.9 million. The remainder of funds will be from Water System reserves.

The city reports that the Water Distribution System consists of 157 miles of watermains ranging in size from 36-inch to 2-inch diameter. There are approximately 23 miles of 2-inch watermain. The 2-inch watermains are
generally constructed of galvanized steel with internal and external corrosion resulting in poor water quality and reliability issues.

All people in the city will be affected in their water rates even if pipes are not replaced where they reside. (They will not be replaced where I live). What she failed to tell you is the cost and the term. So you need to come to the Tuesday workshop, 6pm at City Hall.  Of course, it's only a workshop so you won't be able to speak. They need the money and this is how they will get around a general obligation bond for this one six year project.



Borrowing details
  • Term: 30 years
  • Interest Rates: 1.25% for funds borrowed in FY 2015, 1.50% in FY 2016, 1.75% in FY 2017, 2.00% in FY 2018 and each year thereafter.
  • Loan Service Fee: 2.0% of capital costs
  • Debt Repayment: begins after completion of each phase (for conservative purposes, construction is assumed to be complete in one year for each phase)

Saturday, July 13, 2013

Financial disclosures


Millionaires

Not all of our forty Florida State Senators are millionaires but we do have over 1/3rd of them with a net worth over one million. The average worth is at $4.4 million. Out of the eleven state senators who are millionaires, four of them are Democrats. Even Democrats have wealth which might surprise us all as they keep wanting to take wealth from the one percenters. Six state senators have not filed their reports with the Florida Commisison on ethics, one of whom is Jeff Clemens.

The U.S. political system is increasingly dominated by wealthy interests, and strong majorities of the public rightly believe that the deck is stacked against the average working class voter. We witness this in Lake Worth over and over again when elected officials stomp on the will of the people in order to support the special developer interests as happened recently in the heights referendum.

Sometimes if you are not well-off before you enter politics, you certainly acquire wealth along the way.