I'm posting this because I'm flabbergasted at the attempted explanation. I didn't care when the original disclosure came out nor did I care that she was amending it until I read this.. How many of...
I'm posting this because I'm flabbergasted at the attempted explanation. I didn't care when the original disclosure came out nor did I care that she was amending it until I read this.. How many of us have thought we had $6-$30 million in the bank when we really only had $90k? $90k would be if you owned a new car, had 401k that you contributed to a bit on-and-off, and a rainy day fund. That's roughly the magnitude of $90k.
The amount of income her husband's businesses are bringing in, presumably some salary for him, and her own salary likely puts their assets above $90k unless they're big spenders. I think Omar just brought more scrutiny on her finances.
An Omar disclosure filed last year showed she and her husband held assets of between $6 million and $30 million, a massive rise in wealth from her previous annual filing. That jump triggered questions among Republicans eager to scrutinize a critic of the president.
An amended filing viewed by The Wall Street Journal shows the couple’s assets to be just $18,004 to $95,000. The forms don’t require exact values, only broad ranges.
Aides said that Omar looked at the form before it was filed in 2025, but that the error didn’t jump off the page for her because she isn’t involved with her husband’s businesses and she trusted the accuracy of the accountant who provided her husband’s figures.
Omar’s amended filing shows between $102,503 and $1,005,200 in 2024 income from the assets she and her husband own. Documentation attached to the lawyer’s letter shows $213,200 in distributions to her husband from his venture-capital management firm in 2024 and $3,000 from the winery.
A business that's paying out hundreds of thousands of dollars to an owner with ~33% equity can't be worth nothing. It just seems too improbable. A congressperson and a venture capital firm owner...
A business that's paying out hundreds of thousands of dollars to an owner with ~33% equity can't be worth nothing. It just seems too improbable. A congressperson and a venture capital firm owner together are worth less than my parents' home? My parents are lower class.
Everything about this screams shady in several directions. Which one is correct will come with time but there’s no fucking way you accidentally shit the bed this badly. Part of the “problem” is...
Everything about this screams shady in several directions.
Which one is correct will come with time but there’s no fucking way you accidentally shit the bed this badly.
Part of the “problem” is it’s unclear what her husbands company is worth and between the total lack of financial literacy in reporting and what sure looks like shady shit on his behalf (suit over supposedly promising 200% returns in his past) it’s near impossible to tell right now.
I doubt there’s anything severely illegal (by our shit standards these days ) but I also doubt someone isn’t a huge hypocrite.
80-250k net worth while owning a house, making north of 150k solo and having double income? I fucking doubt it?
Maybe they give all their money to their kids. Maybe it’s some “well technically they’re in debt” thing (which kinda betrays the point), but this feels all sorts of odd
Be careful posting the full article. I think that's generally not allowed here due to like Canadian copyright and fair-use laws not being as flexible as the US. At least that's what I remember...
Be careful posting the full article. I think that's generally not allowed here due to like Canadian copyright and fair-use laws not being as flexible as the US. At least that's what I remember being told. The couple times I've posted full article and not just excerpts, it gets removed or I'm asked to take the article down.
I'm posting this because I'm flabbergasted at the attempted explanation. I didn't care when the original disclosure came out nor did I care that she was amending it until I read this.. How many of us have thought we had $6-$30 million in the bank when we really only had $90k? $90k would be if you owned a new car, had 401k that you contributed to a bit on-and-off, and a rainy day fund. That's roughly the magnitude of $90k.
The amount of income her husband's businesses are bringing in, presumably some salary for him, and her own salary likely puts their assets above $90k unless they're big spenders. I think Omar just brought more scrutiny on her finances.
Maybe her husband's business has a lot of debt but the previous accountant didn't include it for some reason? It does seem fishy.
A business that's paying out hundreds of thousands of dollars to an owner with ~33% equity can't be worth nothing. It just seems too improbable. A congressperson and a venture capital firm owner together are worth less than my parents' home? My parents are lower class.
Everything about this screams shady in several directions.
Which one is correct will come with time but there’s no fucking way you accidentally shit the bed this badly.
Part of the “problem” is it’s unclear what her husbands company is worth and between the total lack of financial literacy in reporting and what sure looks like shady shit on his behalf (suit over supposedly promising 200% returns in his past) it’s near impossible to tell right now.
I doubt there’s anything severely illegal (by our shit standards these days ) but I also doubt someone isn’t a huge hypocrite.
80-250k net worth while owning a house, making north of 150k solo and having double income? I fucking doubt it?
Maybe they give all their money to their kids. Maybe it’s some “well technically they’re in debt” thing (which kinda betrays the point), but this feels all sorts of odd
removed by me. I'm too cute for prison and I'm very particular about my tattoos
Be careful posting the full article. I think that's generally not allowed here due to like Canadian copyright and fair-use laws not being as flexible as the US. At least that's what I remember being told. The couple times I've posted full article and not just excerpts, it gets removed or I'm asked to take the article down.
hm. weird.. I ditched it. :)
its funny because archive.is couldn't pull it.
So in effect one probably just needs to post the text to a pastebin style site and link that instead?
That or use one of the archive sites that still work. It looks like archive.ph is back up, but I know its use is controversial now.