Gov. Gavin Newsom glamour shot at the Great Wall of China 10/26/2023 (Photo: gov.ca.gov)
How Did CA Gov. Gavin Newsom Buy a $9.1 Million Home on a Public Servant Salary?
If you ever doubted that politics is made up of the elite class who see themselves as the ruling class, doubt no more
By Katy Grimes, November 19, 2024 2:55 am
Public Servant Gavin Newsom’s rise in California politics and acquired power since the 1990s has been through the knavery of family and influential friends.
If you ever doubted that politics is made up of the elite class who see themselves as the ruling class, doubt no more: Governor Gavin Newsom and the “First Partner” (his wife) just purchased a $9.1 million home in Marin County.
The “mansion” is 5,600 square feet, with Newsoms paying 7 percent above the asking price.
Do you know how much income it takes to purchase a $9 million home?
You would need to make an annual income of nearly $2 Million to qualify for a $9 million dollar house if purchased on a 30-year mortgage. The monthly payments would be $56,464.75 …each month at today’s current interest rates.
But if you bought it for cash, it is likely you are either a rock star or professional athlete, or a very successful hedge fund manager, or movie producer or drug dealer – and not a public servant politician.
The governor earns $203,939.40 from the State of California, and receives $95,063.16 in “benefits,” Transparent California reports.
Newsom has held public office since 1996, when San Francisco mayor Willie Brown appointed him to the city’s Parking and Traffic Commission… 28 years Newsom has been a “public servant.”
The annual property tax on the new Marin property is over $117,000 a year – approximately 1% of total value of property. But that probably doesn’t matter to Newsom – As Jennifer Van Laar reported in 2020, Newsom had “chronically delinquent property taxes in both Marin and Sacramento counties: Newsom’s delinquent on more than $20,000 in property taxes for his Kentfield estate (which was last listed for $5.9 million) according to the Marin County Department of Finance’s website.”
Threats of hefty penalties for late property tax payments are for the hoi polloi, lower class, proletariat common folk.
This truly is a deja vu. Because in 2018-2019, an LLC registered to Newsom’s cousin, biz partner, and Co-President of PlumpJack, Jeremy Scherer, paid for $3.7 million cash for a Fair Oaks estate, December 2018. In Oct 2019 the LLC “gifted” the home to the Newsoms free and clear, claiming Newsom was a member of the LLC to avoid a $4,000 Transfer Tax.
In January 2020 the Newsoms received $2.7 million tax-free when they obtained a cash-out refinance, Jen Van Laar reported at Redstate.
Since the Newsoms didn’t buy their 12,000-square-foot $3.7 million in Fair Oaks (Sacramento), they probably have a little left over from the $5.9 million sale of their Marin home, the Globe reported… except according to Van Laar, that home was mortgaged to the hilt. And, Newsom’s financial disclosure forms don’t mention the LLC or the gifts, which far exceed the $500 limit…
Stunning that this was done under the nose of California’s Fair Political Practices Commission (FPPC), who regularly investigate and fine politicians for ethics and campaign violations, and whose mission says it “regulates campaign financing, conflicts of interest, lobbying, and governmental ethics. The Commission’s objectives are to ensure that public officials act in a fair and unbiased manner in the governmental decision-making process, to promote transparency in government, and to foster public trust in the political system.”
Except for Democrat politicians?
Is it any wonder Newsom is under such criticism for running in elite circles? But he doesn’t care. He and the First Partner will move into the Marin estate and live the lifestyle unto which they have become accustomed and entitled.
As the Globe reported at the same time in 2020 in the midst of the Covid flu, about Newsom:
“America’s political elite who deem themselves royalty, and live accordingly, are the same politicians who have been keeping their citizens in states under total lockdown for the purpose of destroying the economy, they mandate the wearing of face masks which they themselves do not wear, they prohibit travel to second homes and family cabins while traveling themselves, are keeping schools locked down, and attend funerals while our dead cannot be mourned in a service, and they are thwarting the use of hydroxychloroquine – a known prophylaxis (prevention) to coronavirus, and a successful cure… all to try to force President Donald Trump out of office one way or another.”
The Newsoms will retain the six-bedroom Fair Oaks home $3.7 million, where he will spend several nights a week with his wife, Jennifer Siebel Newsom, news.meaww.com reported.
So the Newsoms now have two multi-multi-million dollar homes, which appear to not actually belong to them. And if they don’t, who owns them? Who is investing so heavily in Gavin Newsom? Who is providing this Lifestyle for the Rich and Famous to the Newsoms, and what do they expect in return?
This is one way to make investments (campaign contributions) to a future presidential candidate.
Newsom’s new $9M pad was purchased through another Limited Liability Corporation – he never has to dirty his hands in a real estate deal, other than to borrow from it, as they did in January 2020 when the Newsoms received $2.7 million tax-free for a cash-out refinance.
This is the California Governor who believes he is entitled to the United States Presidency, but he’s just another privileged San Francisco Bay Area elite “who inherited a California paradise and turned it into purgatory,” says Victor Davis Hanson.
As I frequently remind Californians, Here is a partial list of what Gavin Newsom has been up to since being elected governor in 2019 – his real record, which has forced many Californians to make decisions between food and rent, car payments and clothing for the kids – never mind vacations or a new car. Or they had to leave the state in search of a more affordable location.
Gov. Gavin Newsom:
Doubled the drug-addicted vagrant “homeless” population living on California’s streets while spending $24Million on them – no telling where that money went.
Created a housing shortage – doubling down on forcing cities and small towns to comply with his order to build “affordable housing.”
Wasted two of the wettest years in recent California history by sending the abundant water flowing out to the Pacific Ocean for “environmental” purposes, rather than using for agricultural irrigation and storing the rest for a dry year.
Cut water off to rural areas in the state.
Limited water deliveries to farmers and ranchers.
Spent millions of Proposition 1 funding designated for dam/reservoir construction for additional water storage, and instead helped demolish four dams on the Klamath River, destroying hydroelectric power and beautiful lakes. “The Klamath dam removals are a shining example of what we can accomplish when we act according to our values,” said Newsom in a letter to Warren Buffet asking for his backing.
Approved spending $1 Billion of taxpayers funds on masks from Chinese company BYD during Covid, rather than an American manufacturer.
Raised the minimum wage to $20.00 per hour, so high, fast food owners and restaurant owners are forced to lay off employees and close restaurants.
Passed policies and regulations killing manufacturing.
Passed policies bolstering a service economy (rather than high-paying manufacturing jobs).
Limited energy production to renewable energy only – solar and wind.
Limited gas and oil production creating a shortage, forcing people out of their cars and on to public transportation.
Is responsible for the highest gas prices and gas taxes in the nation.
Ordered all internal combustion cars banned by 2035.
Mandated an all-electric state, including autos and trucks, and all-electric homes and commercial buildings in new construction.
Signed a bill to install thousands of floating offshore wind turbines at a cost of $150 billion.
Legalized drugs.
Legalized sex with minors (SB 145).
Legalized abortion up to baby’s birth.
Destroyed the public education system by watering down actual disciplines of math and English, while sending his own children to private schools.
Promotes affirmative action, racial preferences over merit.
Creates fake crises – climate change, reparations.
Infringed on the people’s right to keep and bear arms by passing laws which nibble around the edges of the 2nd Amendment, creating defacto gun control.
Californians must never forget Newsom’s cruel leftist policies that harm men, women and children… And this is not a complete list, by any stretch.
Congress needs to look into Gov. Gavin Newsom and the California Department of Public Health for issuing a directive in 2021 during Covid to suspend Nursing Home regulations in order to send contagious Covid patients to nursing homes.
This is the governor who appears to have just been gifted another multi-million dollar estate – $9.1Million. And if he can prove otherwise, needs to provide the receipts.
As recently published Gavin Newsom biography, Newsom Unleashed: The Progressive Lust for Unbridled Power,:
“We should be very wary of a Newsom presidency. This is not a man whose intentions are the betterment of the country. This is a man whose intentions are the exaltation of himself and the furtherance of his own power. And, worst of all, his well-established pattern for seeking such exaltation and power is the advancement of extreme left-wing policies.”
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Thank you for the article.
All these questions about Newsom but no one does anything; not even Republicans. Either everyone has their hands in it or some have something on the others which prevents it being investigated or, I don’t know.
If interested, read this: “If You Doubt There is a Deep State, Read This”
https://www.flashreport.org/blog/2024/11/17/if-you-doubt-there-is-a-deep-state-read-this/
I think it is a good explanation of why nothing happens and also why I don’t think Musk’s DOGE department won’t accomplish much.
Good read Jimmy. I have also been the target of the deep state in the DoD and the SES types described by Moyar. My experience was during Obama’s reign (his “hatchet man” was Eric Holder – Robert Mueller’s law firm partner). Your double negative on DOGE is POSITIVE of course. 😉
All elected officials are obedient to the entrenched chosen and compromised operatives. Gavin’s performance stellar and he tharwarted a recall to become further emboldened.
Their power comes from embedded untouchable sacrosanct entities specifically created to control every aspect of our lives while concurrently maintaining ultimate control to ensure execution on the master plan.
CARB is merely an example however by far the most destructive entity to reign down destruction on the American has been the foreign owned and controlled Federal Reserve Bank: The Fed has facilitated irreconcilable debt and severely devalued currency. Soon they Federal debt will be called for payment by the American people and all they’ll possess is a worthless currency. A past Fed chairman (Greenspan) said in an interview The Fed accountable to no one including the president.
Bottom line is the cowardly Americans refuse to confront those who have orchestrated their destruction including the California Supreme Court.
The American people will sit in gas lines to save a nickel on a gallon of gas yet do nothing about the destructors of their currency. They will not confront the very entity that has extracted their wealth from themselves and their families. Neither the Democrats nor Republicans will touch the issue because they’re all controlled and complicit in the conspiracy to destroy us: We Americans are merely “pawns in the game”.
then there’s the eerie commonality that exists between Trump and Biden. clearly, they both want wars with Iran and Russia; sure to go nuclear.
For the most part the elections are theatre intended to preclude the natives from becoming restless.
If you eliminate Newsom’s ability to conduct a “rigged” election you eliminate his power and his personal finances. Newsom and the establishment have a stranglehold of this state through these elections. Right now, California is still curing defective ballots and will be until November 26th. The folks that submitted a defective ballot will receive a letter in the mail, an email and finally a phone call from their local elections office instructing them to come in and “cure” the vote. So, California is fixing ballots that a judge in Pennsylvania ordered the state not to count. Elections are rigged right in front of our eyes, and it goes unchallenged. Fortunately, a crack has developed down in Huntington Beach with their voter ID law. Hopefully more areas in the state will start to push back and challenge the state od corruption.
What I’m thinking that could be done..I can’t print..I could get the death penalty..but in California..probably a fine
Wish I had better news for the Kalifornia King of Korruption and Worst Governor Ever, Gavin Newsom, because it’s kind of sad, really, but for his own good he needs to wake up and realize his reign is OVER. I doubt he sees that there has now been a sea change, because he has gooey rancid stuff where his soul should be, but the sea change and the new era have made him and his political brothers and sisters in horrible, cruel, sadistic governance IRRELEVANT. When Americans been given what seemed impossible, and then look back at a shattered, filthy landscape of past abuses, chaos, and insanity, the stark contrast is inescapable, and they don’t long for a future rife with more of the same dark destructive governance from the very politicians who were supposed to be serving them but decided instead to cheat their way to the top.
So enjoy your (free) NINE MILLION dollar mansion in Marin, your beautiful stack-and-pack-free neighborhood, your OTHER (free) multi-million dollar mansion in suburban Sacramento, your excellent schools for the kids, and all the prestige and luxurious living that payoffs can buy, Newsom!
You’re DONE.
And now we learn that Kamala Harris is contemplating running for governor of California when Newsom terms out.
Californians can now contemplate what can be unburdened by what has been. All coming to them courtesy of a world class has-been.
Gov Gav who has no problem raising our taxes but avoids paying his.
According to investigative journalist Laura Loomer @loomered.com, has discovered that the shady LLC was formed just 2 days prior to the quick sale. The LLC was named after his children
MBHD Farms LLC. Are you curious why it has farms in the title? To avoid high PROPERTY TAXES!
BTW, his kids names are Montana, Hunter, Brooklyn and Dutch. ( MHBD)
Believe it or not the guy is more loathsome than we thought!
This one’s easy…
Remember his billion-dollar, no-bid contract for personal-protection equipment (PPE) with Chinese conglomerate BYD in the early days of their plandemic???
Then recall their push to get everyone into an EV, which BYD builds in both personal automobile and bus configurations (even if they don’t work very well)
Then remember his photo-op trip to China???
Who wants to bet that a nice fat financial kickback grant was paid during that trip to China???
The guy is on the take, probably to the CCP and most definitely to $oro$….
@CriticalD, a very real possibility. $oro$ is a good bet as well. Little $oro$ calls Newsom a great leader. They are getting cozy to fight the next Trump administration. Big Parma kickbacks could be a possibility as well.
Politics is a very dirty business the only thing that gets a cleaning is the money!
Yes, indeed. You can include Tom Steyer. These people move money around just like the cartels. In fact, the cartels probably learned how to do it from these people or vice versa:
https://nypost.com/2023/08/19/bidens-vacation-at-billionaire-tom-steyers-18m-lake-tahoe-mansion/
It is a miracle! Noisome the worst goobenor in the country has turned a modest salary into a multi-million dollar home. If he applied his financial wizardry to the states finances the streets would be paved in gold instead of pot holes. I think that Trump and his AG have taken note and will act accordingly.
Check out Newsom’s activity “handling” PG&E after they sparked the 2018 Camp Fire disaster, the most destructive, deadly wildfire in history. And only 1 of 24 wildfires they sparked in 2018, with many more in prior, and following years, incinerating 100s of men, women, and children alive. PG&E’s usual dive behind protective bankruptcy showed once again that any and everyone has a price. Six years later, and Camp Fire survivors are the only ones never made whole while everyone else from stockholders, and federal, state, and local government agencies to those entrusted to provide legal services and others entrusted to administer the so-called “Fire Victim“ Trust, walked away with millions. Many survivors remain in limbo to this day, living in travel trailers and RVs while facing heavy federal income taxes on the fractional sums they received piece-meal, after a generally applied 50% depreciated value calculated at a 70% pro rata rate that came nowhere near the losses caused by PG&E’s negligence. Newsom’s initial firm stance with PG&E so suddenly switched, it’s almost comically impossible to miss. Newsom billed California taxpayers to pay a former PG&E law firm to write his wildfire bill (deliberately carving out Camp Fire survivors who, ironically, inspired the bill). Soon after, Newsom announced his plans to kick his governor’s seat to the curb at the end of his term, having just fought tooth and nail to skirt around his recall. And oddly, started acting “presidentsie” – even going so far to debate with an actual presidential candidate, Ron DeSantis. So interesting how this and other peculiar and many times appalling behaviors began to unfold following his many elbow-rubbing opportunities while working with PG&E and their cronies to ensure that this largest monopoly power in the United States remains in the most advantageous position all the way around, at all cost. As we see here, with his purchase of a second mansion for $9.1 million, on a public servant’s salary. And should anyone assume this comes from a right leaning bias, rest assured it does not. I’m a 50-year registered, voting Democrat. And even I recognize a well-illustrated case showing once again, any and everybody has their sell-out price.
“Newsom’s Office Crafted Law Protecting PG&E After Company’s Crimes Killed 84 People”
https://www.abc10.com/article/news/local/abc10-originals/newsom-pge-protection/103-65ca1d41-8efe-45b4-87bc-0cdecc714378
The ABC10 entire series on this is excellent – well worth checking out
I am no apologist for utilities, but one has to recognize several things. There are the local and state laws and ordenances that prohibit trimming and removing of foliage of every type, even obstructing the mandates of GO 95, minimum high voltage overhead construction and maintenance standards. There is the mismanagement of forests, which is on the state and federal governments. Then you have the people who will practically build their house around a bark beetle infested tree. I’ve seen enough from osha inspectors who have no idea of what they’re looking at who will come to a conclusion that is way down the domino chain of what actually caused an accident, and their word tends to prevail in lawsuits. While selling electricity is the vehicle, investor owned utilities in california such as pg&e, sce and sdg&e don’t make money by selling electricity, making money comes from presenting a rate case to the PUC, which is a revolving door of utility executives, whom I believe are appointed. But, placing people in the puc via the ballot box who have no idea of how utilities work is a recipe for disaster. Investors don’t care in the slightest how the money is made, so long as there is a return on their investment. However, ladwp is a flashing red light example of why governments shouldn’t own and operate utilities. Government doesn’t operate at all like a business and you end up with a dysfunctional, unproductive mess complete with on the job retirement at all levels.
Check out Newsom’s activity “handling” PG&E after they sparked the 2018 Camp Fire disaster, the most destructive, deadly wildfire in history. And only 1 of 24 wildfires they sparked in 2018, with many more in prior, and following years, incinerating 100s of men, women, and children alive. PG&E’s usual dive behind protective bankruptcy showed once again that any and everyone has a price. Six years later, and Camp Fire survivors are the only ones never made whole while everyone else from stockholders, and federal, state, and local government agencies to those entrusted to provide legal services and others entrusted to administer the so-called “Fire Victim“ Trust, walked away with millions. Many survivors remain in limbo to this day, living in travel trailers and RVs while facing heavy federal income taxes on the fractional sums they received piece-meal, after a generally applied 50% depreciated value calculated at a 70% pro rata rate that came nowhere near the losses caused by PG&E’s negligence. Newsom’s initial firm stance with PG&E so suddenly switched, it’s almost comically impossible to miss. Newsom billed California taxpayers to pay a former PG&E law firm to write his wildfire bill (deliberately carving out Camp Fire survivors who, ironically, inspired the bill). Soon after, Newsom announced his plans to kick his governor’s seat to the curb at the end of his term, having just fought tooth and nail to skirt around his recall. And oddly, started acting “presidentsie” – even going so far to debate with an actual presidential candidate, Ron DeSantis. So interesting how this and other peculiar and many times appalling behaviors began to unfold following his many elbow-rubbing opportunities while working with PG&E and their cronies to ensure that this largest monopoly power in the United States remains in the most advantageous position all the way around, at all cost. As we see here, with his purchase of a second mansion for $9.1 million, on a public servant’s salary. And should anyone assume this comes from a right leaning bias, rest assured it does not. I’m a 50-year registered, voting Democrat. And even I recognize a well-illustrated case showing once again, any and everybody has their sell-out price.
Check out Newsom’s activity “handling” PG&E after they sparked the 2018 Camp Fire disaster, the most destructive, deadly wildfire in history. And only 1 of 24 wildfires they sparked in 2018, with many more in prior, and following years, incinerating 100s of men, women, and children alive. PG&E’s usual dive behind protective bankruptcy showed once again that any and everyone has a price. Six years later, and Camp Fire survivors are the only ones never made whole while everyone else from stockholders, and federal, state, and local government agencies to those entrusted to provide legal services and others entrusted to administer the so-called “Fire Victim“ Trust, walked away with millions. Many survivors remain in limbo to this day, living in travel trailers and RVs while facing heavy federal income taxes on the fractional sums they received piece-meal, after a generally applied 50% depreciated value calculated at a 70% pro rata rate that came nowhere near the losses caused by PG&E’s negligence. Newsom’s initial firm stance with PG&E so suddenly switched, it’s almost comically impossible to miss. Newsom billed California taxpayers to pay a former PG&E law firm to write his wildfire bill (deliberately carving out Camp Fire survivors who, ironically, inspired the bill). Soon after, Newsom announced his plans to kick his governor’s seat to the curb at the end of his term, having just fought tooth and nail to skirt around his recall. And oddly, started acting “presidentsie” – even going so far to debate with an actual presidential candidate, Ron DeSantis. So interesting how this and other peculiar and many times appalling behaviors began to unfold following his many elbow-rubbing opportunities while working with PG&E and their cronies to ensure that this largest monopoly power in the United States remains in the most advantageous position all the way around, at all cost. As we see here, with his purchase of a second mansion for $9.1 million, on a public servant’s salary. And should anyone assume this comes from a right leaning bias, rest assured it does not. I’m a 50-year registered, voting Democrat. And even I recognize a well-illustrated case showing once again, any and everybody has their sell-out price.
“Newsom’s Office Crafted Law Protecting PG&E After Company’s Crimes Killed 84 People”
https://www.abc10.com/article/news/local/abc10-originals/newsom-pge-protection/103-65ca1d41-8efe-45b4-87bc-0cdecc714378
The ABC10 entire series on this is excellent – well worth checking out
I’m also not an apologist for the electrical utilities, but:
I haven’t seen the abc10 series, and I have no interest at this time of potentially wasting my time on it. I have seen the media in action concerning other utility issues where they functioned like click baiting, ambulance chasing, rabble rousing, misinformed clowns shaping public opinion about things they had neither clue nor care about the facts behind the story. Then when the next shiny “journalistic” object popped up they would drop the story like a hot iron and chase the the next thing to bloviate and blather about without the slightest curiosity about the facts.
I know the type of TV news story you are describing but this special report was not in that category. This was a deep investigative report by a reporter who took his time and did a great deal of research to expose all the tentacles of this story and tell the truth about the Camp Fire and PG&E. He also had the cojones to question Newsom toe-to-toe about his embrace of and startling PROTECTION of PG&E —- after which Newsom proceeded to try to single him out as someone other reporters in the gaggle should mock. Newsom the Bully —- no surprise there.
I found many chapters of this special report informative and helpful in understanding what went on. I thought it was very well put together and I had no reason to disbelieve what was being reported, although I am a skeptic, like you, of media, especially TV media.
But it’s fine with me if you are not interested in seeing it. Maybe other readers will be.
Katy pointed out that Newsom’s financial disclosure forms don’t mention the LLC or the gifts that he’s received which far exceed the $500 limit and there isn’t a peep from California’s Fair Political Practices Commission? Newsom has also been chronically delinquent with property taxes in both Marin and Sacramento counties? Newsom and the rest of the criminal Democrat mafia that controls this state don’t even try to pretend to obey the laws that they hold the rest of Californians to? They’re like a satanic cabal of evil reptilians?
You said it, TJ. And especially that these Dem creeps and criminals “don’t even TRY to pretend to obey the laws that they hold the rest of Californians to.”
fraud, rigged elections, tyranny, narcasism, theft. and you never hear about the shennaigans of the cali lt gov. why is that? newsome was corrupting cali long before he was gov.
From the Mayo Clinic’s page on Narcissistic Personality Disorder…
Symptoms of narcissistic personality disorder and how severe they are can vary. People with the disorder can:
Have an unreasonably high sense of self-importance and require constant, excessive admiration.
Feel that they deserve privileges and special treatment.
Expect to be recognized as superior even without achievements.
Make achievements and talents seem bigger than they are.
Be preoccupied with fantasies about success, power, brilliance, beauty or the perfect mate.
Believe they are superior to others and can only spend time with or be understood by equally special people.
Be critical of and look down on people they feel are not important.
Expect special favors and expect other people to do what they want without questioning them.
Take advantage of others to get what they want.
Have an inability or unwillingness to recognize the needs and feelings of others.
Be envious of others and believe others envy them.
Behave in an arrogant way, brag a lot and come across as conceited.
Insist on having the best of everything — for instance, the best car or office.
At the same time, people with narcissistic personality disorder have trouble handling anything they view as criticism. They can:
Become impatient or angry when they don’t receive special recognition or treatment.
Have major problems interacting with others and easily feel slighted.
React with rage or contempt and try to belittle other people to make themselves appear superior.
Have difficulty managing their emotions and behavior.
Experience major problems dealing with stress and adapting to change.
Withdraw from or avoid situations in which they might fail.
Feel depressed and moody because they fall short of perfection.
Have secret feelings of insecurity, shame, humiliation and fear of being exposed as a failure.
https://www.mayoclinic.org/diseases-conditions/narcissistic-personality-disorder/symptoms-causes/syc-20366662
He is, and his late dad was, very tight with the Getty family. As in, J. Paul Getty, the one-time richest man in the world. I’m guessing that is where the money came from.