What Happens To Senator Adam Schiff Of California In The End?

 Schiff is currently accused of falsely claiming his Maryland home as his primary residence....on Fannie Mae-backed mortgage applications between 2003 and 2019....while at the same time....claiming a California property as his primary residence for tax benefits. 

This got him lower interest rates on the Maryland property, as primary residence mortgages typically have lower rates than secondary residence mortgage.

So what FHFA put into their referral letter, sent in May 2025 to Attorney General Pam Bondi and Deputy Attorney General Todd Blanche?  Four fed violations of federal criminal codes, including: wire fraud, mail fraud, bank fraud and false statements to financial institutions.  

You could also suggest that some state tax problems exist (for Maryland and California).

Most folks in this type of mess....would have hired a lawyer, and viewed the cost of correcting everything (I would take a guess....15-plus years of this, with some fines paid)...you'd be talking about total cost (covering the lawyers, fines, and costs)...to be near $500,000 (my humble guess).

If this were me...I'd just work it up...pay the correction and fine, and avoid this getting to a grand jury. If you wait, and thing go past the grand jury....your odds of jail-time start to fall into play (say 3-to-6 months).  

Did he vote in both Maryland and California?  This topic hasn't popped-up yet, and I would imagine some idiot is reviewing Maryland records to see if he is a registered voter (suggesting he has a Maryland driver's license).  

But here's the thing I would worry about.....you don't want people to start auditing all 535 Senators/House members....asking who owns two homes/residences, and finding out that more than 60 are in the exact same situation.  I'm guessing there's a fair amount of pressure going on....to just FIX the mess,  and  correct the tax bill....paying the fines.

Seven Thoughts

1.  Look....socialism only thrives where you allow a fair amount of capitalism to exist and flourish.  The minute you go and tax the apparatus in some massive way....the system collapses, and the politicians get thrown out.

2.   Just odd when you think about it.....after the 2016 election....John McCain, Lindsey Graham, and Amy Klobuchar traveled to Ukraine together. 

After the trip, they held a press conference and declared that Russia attacked the USA by hacking the 2016 election.  The commentary was all lies.  

3.  I just don't think most people will miss NPR as they downsize.  

4.  Socialist NY  City mayoral candidate Mamdani was asked on the idea of abolishing prisons....saying ‘What purpose do they serve?’

That might not sell well to about 75-percent of NY voters.

5.  The way that CBS explains firing Colbert and his show.....they were paying him to produce it for $100-Million a year.  In return, via advertising for 2024....they were making $60-Million.  So they were running a welfare show and helping the show via NFL football profits.  You have to wonder....was it the same for 2023 and 2022?

What Johnny Carson was making toward the last season or two?  $200-Million....today, around $1-Billion.  His show was regarded to bring in around 30-percent of NBC's total profit for the year.  

6.  Just a humble guess...virtually all of the networks (except Fox) will terminate their late-night TV hosts, and restart with a directive....no political 'targets'.

7.  It just appears like 60-odd Democratic politicians (from the past/present) are likely to be busy in court for the next three to four years, and be non-players for 2028.

The Idea Of A Gov't Run Grocery

 I sat and listened to a US Senator observe that the federal gov't already runs a grocery system, and it's very efficient.  The operation?  DoD's commissary system....on all US military posts/bases.

I sat and pondered over the success...having used it for forty-odd years.

First, each building was constructed with fed-funds....not privately financed.

Second, there's no problem in theft.  You can ask any commissary manager.....they will note that there might be a minor amount stolen, but it's like 1-percent of what a typical US privately-run grocery would have.

Third, the utility bill?  Well...heat and electricity....are paid by the post/base.   That bill is not passed onto the consumer.

Fourth, as for the consumer getting a good deal....well, it's not like you'd think.  You can walk onto the Tacoma privately-run grocery situation, then onto McChord AFB....to find obvious similarities.  There's probably a 5-to-8 percent price difference...at best....with the obvious savings at the Commissary.  

I used to be the snacko of our shop at Ramstein...running the soda fund. As I quickly discovered....if you get the on-sale discount schedule....shopping heavily on certain weeks of the month, you would find the BIG savings. Example?  A case of Coke at least once a month would drop to 60-percent of the normal cost.  So I'd go in and buy ten to twelve cases.  Same story for Pop-Tarts.....you'd find them about every six weeks....with 25-percent off.  

My blunt view?  If you were fairly consumed to show up on a schedule, and avoid normal pricing...yeah, you might be able to buy $150 of groceries for $100.

The sales  tax thing?  Well...that's also a part of this story.  You don't pay taxes at the commissary.  So there's that savings....but you do pay a 5-percent operations 'fee'  to over employees.

I'm not saying the Senator is wrong....but the Commissary is only successful because of certain built-in features.