AOC's Financials | Exposed.

it's worth noting before i begin this

video that i think we should have

prerequisites that if you enter into

congress you should have a financial

education or once you get into congress

you should get financially educated and

be an example for people throughout our

country especially younger people like

aoc she should be an example for younger

people in this video we're going to find

out is she an example or do we have some

work to do hey everyone meet kevin here

yesterday i posted a video of my

thoughts responding to aoc saying that

jerome powell should be fired

and we properly explained

what the job of jerome powell is in the

federal reserve and whether or not we

agree or disagree with the federal

reserve we have some colorful things to

say about aoc's opinion of jerome powell

now rather than re-litigate that entire

video here i highly encourage you to

type into youtube meet kevin jerome

powell to get fired and you'll see a

picture of aoc

but more importantly

i got to thinking

why would aoc make what i thought was a

comment that didn't seem very educated

again for details in the other video

so i decided to look into aoc's personal

financial disclosures because as a

politician you're required to report

what your financial positions are to

reveal if you have any conflicts of

interest

i know or at least there are reports

that aoc bought a tesla model 3 in 2020

so i thought okay she gotta have

at least some money so i decided to go

into her financial disclosures and i

started with those from

2018 which is when she began her uh

career as a politician and ran in new

york to be a representative in the house

of representatives obviously she was

successful she was elected in 2018

and then she was

re-elected in 2020. so we have financial

disclosures that we can see here which

is great for context aoc is a 31 she

took office in 2019 hence being elected

in 18 and then you get inaugurated on

january 3rd when you assume office

so let's go ahead and look at her

personal financial disclosures from 2018

and then compare

to how they look now are you ready for

this here we go so this is the financial

disclosure from 2018. you can see your

financial disclosure report honorable

aoc

the uh 14th district of new york we have

the 2018

filing year here covering uh actually

the two years leading up to the end of

2018 and uh what we see here is that aoc

has a charles schwab bank account

with 1

100 i'm sorry 1 000 and one dollar to

fifteen thousand dollars so somewhere in

that range and reported one dollar to

two hundred dollars of interest in that

then aoc also reports that she has an

online brokerage which this is where i

got excited because i'm like oh

what kind of stocks you got

but apparently she only key at least in

2018 only kept cash in that brokerage of

between

one thousand one dollars and fifteen

thousand dollars and only reported

interest income

no dividend income

no capital appreciations nothing so it's

almost as if she's keeping the money as

cash and reported one to two hundred

dollars of of that

uh then she's got a 401k

which is a

prudential high-yield savings

i believe this is a high-yield savings

account where she has between one

thousand

one dollar and fifteen thousand dollars

and it's a tax deferred well obviously

it's 401

uh and uh that was it that was it uh now

what was interesting is we did get some

earned income sources here she earned

3588.

working as a barista i believe at a

coffee shop

and then her that was three thousand

dollars but then in wages but she did

also get a salary when she was working

for her campaign and she got paid about

twenty two thousand dollars as a salary

so that was

2018. now when you're in the house of

representatives you get paid i believe

it's about 170 000 as a salary so

obviously she has a lot more money she

bought herself a tesla uh and i thought

to myself okay well maybe she started

some you know positions and stocks or or

whatever so i thought hey let's look at

the annual report for 2021

that was just filed three weeks ago

and remember this is aoc who went out of

her way to tell jerome powell how to do

his job okay jay powell the man with the

money printer we can have our

disagreements about what ao what what

jerome powell does

we can have our disagreements about

inflation we debate this all the time on

the channel

but aoc

tried telling jerome powell how to do

his job

when really she should have been

focusing on solving those problems

watch the other video okay watch the

other video

so google that one but anyway

in 2020 in our 2021 report uh we have

assets

of a charles schwab bank account

between one thousand and one dollar and

fifteen thousand dollars

so literally the same thing her checking

account has not changed at all

her brokerage account also has between

one thousand one dollars and fifteen

thousand dollars so literally

somehow she's now been paid for 2019 20

and 2021 a salary of 170 000 a year

imagine she gets paid every month or

every two weeks

and her bank balances have not moved at

all maybe her retirement balance has

gone up right because we've got this

prudential high yield nope nope hasn't

gone up at all nothing's changed uh in

fact

literally

nothing

has changed it is it is the same

disclosure

if anything has changed her earned

income is now blank because she's not

getting paid by the campaign and by the

coffee shop anymore and now she's just

getting paid that 170 000 salary which

you'd think they would disclose here but

i guess maybe that's like assumed so you

don't need to do it but

either this report is wrong

and they just copy and pasted it from

2000

uh you know 18 it didn't change anything

or aoc it doesn't have a lot of extra

money now some people applaud aoc for

not owning any stocks in public

companies which honestly i think is i'm

going to be blunt here not to get

cancelled over this but i'm going to be

blunt

because i think i'm right in fact i'm

like 99 sure i'm right i think it's

absolutely stupid that she doesn't own

stocks that she doesn't invest in index

funds because she sets an example for

young people and so what does she do

fancy apartment fancy tesla no

investments

that's the example we're setting

good good salary 170 plus thousand

dollars fancy apartment uh so good

salary fancy apartment fancy tesla you

know model three okay it's the cheapest

tesla but still model three it's still a

tesla okay it's not a used camry for ten

thousand dollars

and no investments

this is not a good example this is a

horrible example to be setting for young

people

bad in fact when you go over here

it says here she has student loans and

this is her 2018 report

it says she has department of education

loans of between fifteen thousand and

fifty thousand which i wonder if she's

taking

student loan forbearance she's a big fan

of student loan forbearance so i wonder

if she's taking student loan forbearance

uh and what's also very interesting is

if you add up all of her potential

assets here she has between three

thousand and three dollars all the way

up to forty five thousand dollars

and given that she has student loan debt

of between fifteen thousand and fifty

thousand it is entirely possible that

aoc's net worth is zero dollars or

negative

at least based on her financial

disclosures quick interjection it's

worth noting that i think there are

merits to student debt forgiveness i

also think there are merits to student

loan reform in fact one of my big

policies in my campaign for governor is

having future schools where people can

get a financial education for free debt

free and graduate at 18 and actually get

a career in schools we should be

teaching career education and putting

less emphasis on the need to go to

college now that's an entirely different

discussion but this financial disclosure

with zero change from 2018 to 2020

raises eyebrows how are you making

nearly 200 000 a year

in congress yet you're not actually

investing and then at the same time your

petitioning for student debt relief

which again there i think there are

merits of but then also trying to tell

jerome powell how to do his job it just

feels

misplaced it doesn't feel

right so either her financial forms are

wrong

or she's broke living paycheck to

paycheck

now

no disrespect aoc

but if you're gonna try to tell jerome

powell how to do his job

it'd probably be good to see

some investments like

one stock

like an index fund in fact if i could

highly encourage you to maybe stop

spending as much money and investing

more into index funds i would highly

encourage you to do that in fact you

could even go to medkevin.com basket

and invest in in a diversified set of

four different index funds with uh you

know those are options you can also go

to public you go to medkevin.com public

and you can get yourself a free stock

worth up to 70 dollars and and then in

that case you would actually

have an asset beyond just the car that

that you have which isn't on your

financial disclosure either here but

i found this a little bit disturbing

from somebody who's

very very gung-ho about

cancel student debt

and more

sort of money giveaways when she's

making 170 000 a year

and apparently

does not invest

at all maybe we got to have a

conversation about how important

financial education is in our schools

but bagging on j-pal with this financial

disclosure that i don't sit right with

me

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