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How does Ilhan Omar make her money? How does the Trump family make its money? Is money real? What is reality? These are the questions Cockburn is asking himself after this weekend’s financial news.
First, let’s fly over Minnesota. Founding “Squad” member Omar, the Washington Free Beacon reported yesterday, is currently worth more than $30 million, despite telling the press earlier this year that it’s “categorically false” that she’s a millionaire. If by false, you mean “true,” then yes.
The Free Beacon obtained Omar’s latest financial disclosure, which indicated that she and her husband, shifty “former political consultant” Tim Mynett, are worth somewhere between $6 million and $30 million – a wide range. Their holding companies are a winery with the annoying avant-garde name of eStCru and a venture firm Rose Lake Capital, which, as late as 2023, “were saddled with lawsuits from investors claiming they defrauded them out of millions of dollars.”
Omar’s relationship with Mynett began in 2020, when they were both married to other people. Her campaign paid his political consulting firm nearly $3 million to position her as the people’s champion. Once the press and public caught on to that grift, it ended, and Mynett instead began operating an e-winery. It also appears that Omar’s empire is based on investors in African development and the cannabis industry, all of whom are suing or have sued her husband. Nothing to see here.
Meanwhile, in Trumpland, America’s First Family has somehow “notched as much as $5 billion in paper wealth,” according to the Wall Street Journal, after World Liberty Financial (WLFI), the family’s flagship crypto venture, launched yesterday. Trump’s three sons are the founders of World Liberty, and Trump is a “Co-Founder Emeritus.” I mean it’s no eStCru winery, but Cockburn, who himself possesses substantial but hard-to-access crypto holdings, suspects that WLFI could collapse as quickly as the Trump Taj Mahal. White House Press Secretary Karoline Leavitt said, about the launch of WLFI, “neither the President nor his family have ever engaged, or will ever engage, in conflicts of interest.” Sure, Jan.
On our radar
RUDY DON’T FAIL Former New York mayor Rudy Giuliani has been discharged from hospital after he was injured in a car accident over the weekend.
CHI-RAQ President Trump posted “CHICAGO IS THE MURDER CAPITAL OF THE WORLD!” on his Truth Social this morning. “Pritzker needs help badly, he just doesn’t know it yet,” he wrote earlier.
JERRY, JERRY, JERRY… Congressman Jerry Nadler, who led two Trump impeachment efforts, will retire next year.
Pax standards
Senator John Cornyn may give off mild RINO vibes, but he is, as Cockburn’s sources deep in the heart of Texas tell him, the Senate version of a stablecoin: providing mild, unexciting returns on investment for his loyal Republican investors and voters. Trading that in for scandal magnet Texas Attorney General Ken Paxton, who’s posing a difficult challenge to Cornyn in the primary, would be crazy.
Fortunately Cornyn, whose campaigns are usually as exciting as meatless chili, is fighting back. A Cornyn-affiliated PAC has launched “Ken Stoppers,” a tipline for citizens to report Paxton’s abuses of power. These include owning rental properties that he may have used for mortgage fraud, using an alias to cover up a years-long affair, and filching a $1,000 Montblanc pen during one of his many court appearances. The Ken Stoppers website doesn’t even mention that Paxton’s wife is divorcing him for “Biblical reasons.” Paxton may be pushing the Ten Commandments in Texas schools, but that could be because he’s broken at least nine of them. “Texas Deserves Better,” the Ken Stoppers website says, which is always true, but in the case of Ken Paxton as US senator, it’s desperately, urgently true.
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