Rantz: Seattle’s socialist councilmembers collectively worth over $3.5 million (one-percenters)

My Northwest ^ | 4/27/21 | Jason Rantz

[Libloather]

Socialists on the Seattle City Council have taken advantage of our capitalist system, getting wealthy off the low-income voters they claim to fight for.

In fact, Socialists Kshama Sawant and Tammy Morales are collectively worth over $3.5 million. In Washington state, they’re both one-percenters: the very people they regularly demonize.

Councilmembers must submit financial disclosure forms every year. It allows the public to see any potential conflicts of interest. But it has the added bonus of highlighting how many get wealthy off their socialist grift. It turns out, the only way socialism works, apparently, is selling your brand to kids who live at their parent’s homes, while convincing them to give you more power.

Councilmember Sawant has built a brand over demonizing the rich. But while she drums up anger amongst her cult-like followers of 20-something Antifa radicals and local college professors, Sawant and her husband get rich.

Not only did Sawant list her net worth as $550,000 this year, but it’s more than doubled since 2016 when it was listed as $270,000. And that completely grassroots campaign of supporters to defend Sawant against the recall campaign she’s pretending is fueled by the right? Her husband Calvin Priest serves as its political director.

At one point, Sawant vowed to only accept an “ordinary worker’s salary” for her work of about $40,000. She would donate the remainder to the Kshama Sawant Solidarity Fund. The majority of the donations made its way back to Sawant via Socialist Alternative.

SCC Insight called this scheme “laundering” in 2017, though noted it’s legal. She stopped updating the page noting the donations in 2019.

[Libloather]

Capitalism has been beddy, beddy good to the socialists.

[riverrunner]

Not that much anymore.

Own a house have a 401K.

Have job.

Be frugal not that hard to do.

A million is not what it use to be.

[algore]

A million is still what it used to be if you use constitutional money.

[llevrok]

Swant also has a Clinton like foundation /money laundering scam she and her husband run. He makes over $300,000 a year from it.

Sound familiar?

[jonrick46]

I wonder about Sawant’s economic status as she grew up in India. She received a BS in computer science at the University of Mumbai which must have cost her parents money. And, she received a Doctorate in economics from the University of Carolina State. That really cost her parents some money.