Posted on 11/02/2015 3:16:19 PM PST by conservativejoy
At the debate last night Marco Rubio was asked a question about his personal finances and how he always seemed to be out of money. He turned the question around by talking about how poor he was, and the audience clapped like seals. We were treated to the intriguing spectacle of the establishment media praising how he took on the establishment media, which to me looks more than a little suspect.
The fact is that Marco Rubio wasnt always so poor. Rubio got an $800,000 advance for a book deal, an unheard of sum for a book from a first term senator. It looks more like a payment to Rubio then an advance that a publisher expected to get back; the book sold less than 8,000 hardcover copies, hardly a bestseller. In any event, Rubio got a lot of money from the book, and even more from a billionaire who paid for Rubios salary for some time.
Rubios biggest supporter is a billionaire car dealer named Norman Braman. When Mr. Rubio left state government, determined to shore up his finances before running for the United States Senate, he landed a teaching job at Florida International University, agreeing to raise much of his salary through private donations. Mr. Braman gave $100,000. In the spring of 2010, as Mr. Braman was donating heavily to Mr. Rubios Senate campaign, his company, Braman Management, hired Mr. Rubio as a lawyer for seven months. According to records provided by Mr. Braman, the company paid Mr. Rubio until a week before he was sworn in as a senator. Four months after Mr. Rubio left the payroll, Mr. Braman hired Mr. Rubios wife, Jeanette, who had little professional experience in philanthropy, and her company, JDR Events, to advise the Braman foundation.
And yet, despite all this money coming in, and all his rich patrons, Rubio still had money trouble, and was deeply in debt.
He got an $800,000 advance on a book deal. But instead of using all of the money responsibly, Rubio went out and bought a $80,000 speedboat.
The Times notes that despite the senator's financial woes, Rubio also leased a $50,000 Audi Q7 SUV. In 2006, the Tampa Bay Times describedRubio as 'barely solvent.'
During his run for Senate several years later, the Florida senator was forced to defend his record after revelationsthat he put thousands of personal charges, including hair cuts, liquor-store runs, and a $10,000 family vacation on campaign and Florida Republican Party credit cards.
According to The Times, in the early 2000s, the now presidential candidate bought several homes, putting no money down.
On the eve of his presidential announcement, Rubio cashed out his $68,000 retirement savings to pay bills for a broken refrigerator, air-conditioning unit, and his kids private-school tuition. The transaction incurs a significant tax penalty that could cost Rubio $24,000.
Why does any of this matter? If Rubio cant manage his own personal finances, it is unlikely he will be even more responsible with our finances if he gets elected President.
I view Marco Rubio as a lightweight, not because he had a 2.1 GPA, and not because he sounds nervous when he talks, blinking rapidly and talking a mile a minute, but rather because he has never presented serious solutions to our economic problems. To me it looks like he's been playing around in the Senate, tried to push amnesty, failed, got bored and stopped showing up for work even before he ran for President, and now either wants to be President (or, more likely, VP) or go back into the private sector so he can make enough money to buy more fancy boats and cars. But he doesn't look like Presidential material to me, no matter how many memorized speeches he delivers monotone in front of a camera, blinking constantly as if to put himself into a semi-hypnotic state to remember what he was supposed to say.
No, but I might let Jeb hire me for $1.3 million for a couple of months.
LOL! Go for it!
Billed east got an $8M book advance before she was a senator.
Are these people called News Machete cause they’re a hatchet job?
Geez.
^ Hilldebeast
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