Thursday, August 08, 2024

Gov. Tim Walz Doesn't Own a Single Stock

Walz doesn't own a single stock, according to financial disclosures and confirmed by a spokesperson. Same goes for his wife Gwen, per tax filings.

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His disclosures, both from his final year in Congress and his time as Minnesota governor, also show no mutual funds, bonds, private equities, or other securities.

No book deals or speaking fees or crypto or racehorse interests.

Not even real estate. The couple sold their Mankato, Minnesota, home after moving into the governor's mansion, for below the $315k asking price).

#1 | Posted by qcp at 2024-08-07 02:33 PM

Man of the People, indeed.

I was a teacher for like a couple of days substituting in a high school in Massachusetts in the '80's. They were a tough crowd as far as disinterested, disaffected teenagers go.

I didn't last though.

I quit after asking this certain bunch if they were Members of the Future Garbage Collectors of Attleboro. They didn't see the humor. But they didn't care what teachers thought at the time, so it was all good.

Like it wasn't, 'wicked good', but it was still good. So I was, 'all set', another New England slang at the time.

#2 | Posted by Corky at 2024-08-07 05:18 PM

He also refused a pay raise from his salary of $127,000 to $144,000.

It is refreshing to see.

Too many politicians in both parties use their position to personally enrich themselves through shady back room deals and out and out bribes.

#3 | Posted by Nixon at 2024-08-08 08:00 AM

It is all in HOW you enrich yourself.
That's what separates the pack. Those
whom will do about just anything for money,
and those whom still have morals and ethics.

#4 | Posted by earthmuse at 2024-08-08 08:13 AM

On the other hand, JD Thielbilly is a Silicon Valley elitist.

#5 | Posted by anton at 2024-08-08 08:17 AM

He better start selling some books if he's going to play in the big leagues.

#6 | Posted by sitzkrieg at 2024-08-08 09:26 AM

There are many ways the political class gets under cover rich. Some write a book and are given massive advances. Others give paid speeches. Others sell over over priced art work. Everyone of them should face biannual audits of all their assets going into office and leaving office and then one year after. They claim to be poor and then they buy many million dollar mansions. They each need to face an audit directed by the opposition party and face perjury if lying. They owe the public full transparency.

#7 | Posted by Robson at 2024-08-08 11:23 AM

#7 | Posted by Robson

I agree but until we do something about spouses and children getting sweetheart deals it is pointless and that will prove very very difficult to do as they are not elected officials.

#8 | Posted by GalaxiePete at 2024-08-08 12:48 PM

"They each need to face an audit directed by the opposition party and face perjury if lying. They owe the public full transparency." #7 | Posted by Robson at 2024-08-08 11:23 AM

Funniest post by a MAGAt that I have read in a while. As if Trump would EVER, in a BILLION Years, testify under oath as to his assets. Hell, in 2016 he would not even release his tax returns. while simultaneously claiming (falsely) to be a billionaire. LOL. Robson, you crack me up. You should be on Comedy Central.

#9 | Posted by moder8 at 2024-08-08 02:29 PM

#9. Huh? What a ridiculous partisan claim? I'm declaring what I support which is exactly what I said. What do you support?

Your statement is mostly partisan supposition about what you claim to know, which you obviously do not. Suggest you state what you know not what you think? Perhaps you could say the same about the Biden family.

#10 | Posted by Robson at 2024-08-08 05:36 PM

He owns no stocks? lol omg people what's next? He has ingrown toenails? Who GAS??

Braking knews!!
Vance is caught wearing black sox!!

#11 | Posted by phesterOBoyle at 2024-08-09 05:14 AM

As he is over 59.5 years of age, at bare minimum he is eligible to collect his national guard retired pay right now.

#12 | Posted by GOnoles92 at 2024-08-09 07:38 AM

He's also a retired teacher and congressman.

To give you an idea how clean his finances are nader and stein both own mutual funds.

#13 | Posted by Tor at 2024-08-09 09:41 AM

13 | POSTED BY TOR

Sheesh if he has 3x pensions then he's playing the retirement game right.

#14 | Posted by GOnoles92 at 2024-08-09 11:42 AM

In all honesty I don't know if he retired from being a teacher or just from being a soldier and it's not easy to become a congressman LOL

#15 | Posted by Tor at 2024-08-09 02:32 PM

In all honesty I don't know if he retired from being a teacher or just from being a soldier and it's not easy to become a congressman LOL

#15 | Posted by Tor

His students urged him to run for Congress. A couple dozen of them acted as his volunteers/canvassers.

On victory night, he surprised them and called them all on stage to be recognized ... before any luminaries or he spoke.

#16 | Posted by AMERICANUNITY at 2024-08-09 03:36 PM

Tor, he would not have enough years to have a pension from his teaching.
If his hearing loss is as great as said on another thread he would be eligible for a small disability check from the VA.
Anyone know what former congressmen get?

#17 | Posted by mattm at 2024-08-10 12:07 AM

"he would not have enough years to have a pension from his teaching."

I read he taught for 20 years. That's plenty of time to vest. Relatively recent rules require vesting within a set period of time. I believe the current law is 4 years. Even in the past, the max was 10 years, then 7.

#18 | Posted by Danforth at 2024-08-10 12:15 AM

@#17 ... If his hearing loss is as great as said on another thread ...

My Mom had a hearing loss. Since her 20's.

Yet, because of hearing aid technology, she was able to function quite well.

www.msnbc.com

... He spent most of that time as an artillery soldier, which took a toll on his hearing. In 2002, after Walz had already done 20 years and qualified for retirement, a medical board considered discharging him because of his hearing loss. Instead, he convinced them to let him complete his final enlistment, which began after 9/11. ...

So.... what's yer point?

That we, as a Country, should take better care of the medical conditions suffered by the people who serve the Country?

On that, I would agree.


#19 | Posted by LampLighter at 2024-08-10 12:25 AM

Oops formatting problem.

Everything including the sentence starting with "So" is my opinion, not the article.

Fun tunes this evening distracting me....

(I know, that's not an excuse. I'll try harder going forward....)



#20 | Posted by LampLighter at 2024-08-10 12:27 AM

'The Rule of 90 was established for many public workers, but only for those who began teaching before July 1, 1989. Currently, non-Rule of 90 workers (Tier 2 workers) have to work until 66 or forfeit a significant amount of their pension benefit to penalties if retiring before that age.'
From this article:
educationminnesota.org

20 years would not be enough for a pension. He would keep his retirement contributions.
When I was a public employee in IA I think we had the rule of 86. Years of service + age equal 86 you get the pension. I left long before that but was able to roll over my retirement contributions.

#21 | Posted by mattm at 2024-08-10 12:40 AM

I'm amazed how a gullible public has handed public sector workers the gold (they like to call themselves public servants) with the most generous pensions, compensation and benefits. The public are the real servants to the trained Marxixts and Commies and teacher unions. This while a media and press covers for them.

We accept that while most get less, teachers always getting more while doing less, as illustrated by educational results falling. This while our school taxes are going up exponentially to pay for early retirements and golden benefits.

#22 | Posted by Robson at 2024-08-11 09:37 AM

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