FASB Proposes Major Changes in Somali Accounting
Accounting Today News
April 23, 2026
Just kidding. I made that up!
Posted on 04/23/2026 11:25:48 AM PDT by bitt
Rep. Ilhan Omar (D-MN) is attributing her alleged inflated net worth to an accounting mistake. Earlier this year, reports showed that Ms. Omar had accumulated significant wealth, with a net worth in the millions, which raised questions about possible fraud. Subsequently, Nick Shirley’s investigation into a web of Somali-led scams brought new attention to her financial dealings.
If that’s a true accounting error, then I’m Somali, too. Are you kidding me, lady? There was an error that inflated your assets to $30 million? Please, also, one of the ventures that The Washington Free Beacon investigated in January, a winery, is now closed, days after she supposedly fixed her financial disclosure forms.
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The backstory via the Free Beacon:
"Omar reported in her latest financial disclosure that she and her husband, former political consultant Tim Mynett, accumulated a net worth at the end of 2024 ranging from at least $6 million to $30 million. Their wealth is derived almost entirely from the value of Mynett’s ownership stake in his two companies that, together, were worth no more than $51,000 at the end of 2023. The exact value of Omar’s personal fortune at the end of 2024 is unclear—lawmakers disclose the value of their holdings and debts in ranges. Still, the figures in Omar’s latest disclosures show that her and her husband’s net worth skyrocketed by at least 3,500 percent in just one year. ....
(Excerpt) Read more at townhall.com ...
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There used to be two main accounting methods, cash and accrual.
Due to the benefits of cultural imports we can add Somali accounting.
A winery? Isn’t that un-Islamic? With serious penalties in Muslim countries?
Sour Grapes Somali Winery.
She should have been in jail long ago. Who is protecting her? DOJ, rich Islamic prince friend of the bushes? Somebody is.
Closing the Ilhan Omar winery....
Little Ole Wine Drinker, Me
song by Dean Martin
I’m praying for rain in California
So the grapes can grow and they can make more wine
And I’m sitting in a honky in Chicago
With a broken heart and a woman on my mind
I asked the man behind the bar for the jukebox
And the music takes me back to Tennessee
And he asked who’s the fool in the corner crying
I say a little ole wine drinker me
I came here last week from down in Nashville
‘Cause my baby left for Florida on a train
I thought I’d get a job and just forget her
But in Chicago, the broken heartache’s still the same.
FASB Proposes Major Changes in Somali Accounting
Accounting Today News
April 23, 2026
Walzy’s swashbuckling Somali pirate is a liar.
Quit screwing around with this fraud. She married her brother to get him into this country, she is complicit in who knows how many frauds, she faked an attack on herself to divert attention away from her frauds, and she works to undermine the US. Time to throw this criminal out of the gov’t and into a jail cell where she belongs. Prove the rich and privileged are equal under the law.
Is he a Muslim? Anyway, they can probably sell it, just not drink it. Unless, as in TV show I used to watch, the Muslim terrorist explained to his girlfriend that allah removed the alcohol as it went down his throat.
They said "Nope"
YES. All the waste-fraud-abuse criminals are tearing the republic apart. Many politicians are in on it. For some reason the rest of them don’t speak up or have the means to do anything about it.
>> Just kidding. I made that up!
Heh... call up Babylon Bee and see if they’re hiring!
Her behavior at the
‘State of The Union’
Earned her Every Punishment!!!
.
Pelosi is Quiet these Days.
I wish my bank would give me $30 million!
Hmm. I wonder if a consultant could arrange buying and selling shares in a winery to operators of Learing Centers, etc. as a way of laundering money...
Deport every somali. Denaturalize any born here and get rid of this trash culture.
She got Cattle Futures tips from Hilary..................
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