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Rubio's Personal Finances Good for America
Townhall.com ^ | December 6, 2015 | Bruce Bialosky

Posted on 12/06/2015 8:06:19 AM PST by Kaslin

After seven years of the Obama administration, Americans are fed up with their politicians. Americans think their elected leaders have created winners and losers and that the average American is the loser. They think everyone is taking advantage of the system except for them. The electorate is revolting. One presidential candidate they should not be peeved at is Marco Rubio.

This has come to the forefront because Sen. Rubio is not a wealthy man. One candidate, Donald Trump, has disparaged him for his lack of financial success. That is particularly fascinating coming from someone who grew up amid great wealth and stated he was burdened with repaying his father the million-dollar loan Trump used for his first real estate development.

Americans should be celebrating Rubio's situation and let me tell you why.

We are often bewildered how some who hold elected office for 40 years become significantly wealthy. These elected leaders make a very good living, but not a great one. The ones who go to Washington always complain about the cost of maintaining two homes D.C. and in their home state. Most of us would think they should own a nice, but modest home in their state and have their very generous pension Congress put in place for them and not much else. Unfortunately, that is not true for too many.

Sen. Harry Reid (D-NV) was first elected to the state assembly in 1968. After one term there he served a term as Nevada's lt. governor. Following a short break he served four years as chairman of Nevada's Gaming Commission. Then he was elected to the U.S. House for two

terms and since 1987 has been a U.S. senator. Magically during this time of being in public life for nearly 50 years he has become a very wealthy man. His net worth is reported at between $3 million and $6.3 million. The low estimates can always be discounted for public officials. In fact, previously Reid was reported to be worth $10 million, not including pension benefits. Suspicious people might think he has been taking advantage of his position for personal benefit and Reid has had many questionable financial deals.

He is not the only one. Orrin Hatch (R-UT) is another fine example. He graduated from law school in 1962. He was elected to the U.S. Senate in 1976 and has served there for nearly 40 years or almost his entire professional lifespan. Yet he has been estimated to be the 40th wealthiest member of the Senate weighing in at a hefty net worth of $4.6 million.

Sen. Rubio's net worth is estimated to be about $200,000. That sounds like an ordinary American facing normal financial challenges, and that is exactly what his history shows. He went to law school for which he incurred substantial debt. As most Americans know by now, his parents were immigrants who worked jobs which made them people of modest means. After law school Rubio became a member of the City Commission of Miami in 1998. In 2000, he was elected to the Florida House where he stayed for eight years. In 2010 he was elected to the U.S. Senate.

For the past 17 years Rubio has basically been in elected office. His only financial benefit other than his pay from his position were royalties from a book he wrote about his life story. He had student loans to pay off, four children to support who are all going to private religious school, and he must maintain two places to live like most members of Congress. And believe me the schools his children attend are not comparable to the exceedingly-expensive school (Sidwell Friends) that our president has been sending the current first children to in Washington, D.C.

Instead of celebrating the fact that we have an elected official not greasing his own well-being, some have attacked Rubio. They question his financial decisions which are the same as every American family faces today. They question why he used a Florida Republican Party credit card to charge personal items. Unlike most politicians who only pay back these charges when caught red-handed and then blame it on an errant staffer, Rubio paid his charges each month when the credit card bill arrived. There were never reimbursements for his charges; only concurrent payment of his personal charges.

There is another elected official I can think of who has a record like this. His name is Paul Ryan, now speaker of the House. Ryan sleeps on a cot in his D.C. office and flies home every weekend to be with his family. No one has ever accused Paul (that is what he likes to be called) of double dealing. No one ever has pointed out how he invested $1,000 in cattle futures and miraculously made a $100,000 profit.

Americans who are sick of politicians and their cronies making it rich while the middle class of America melts away should be looking at Rubio differently. He went to Washington to do the people's business -- not his own. No matter which candidate you are supporting for president, Rubio should be celebrated as someone who understands the financial challenges of 95 percent of us. He should be celebrated for not being another pig at the public trough.


TOPICS: Crime/Corruption; Culture/Society; Editorial; Government; Politics/Elections
KEYWORDS: amnesty; amnestypimp; boughtanfpaidfor; cheaplaborlobby; congress; corrupt; elections; gangofeight; marcorubio; personalfinance; publicservice; rubio; wealth

1 posted on 12/06/2015 8:06:20 AM PST by Kaslin
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To: Kaslin

I want Rubio to explain why he bought 17 airline tickets for a female, healthcare lobbyist named Amber Stoner, who stayed at the same resorts as he did, and why those purchases were made with his GOP credit card.


2 posted on 12/06/2015 8:09:46 AM PST by conservativejoy (Pray Hard, Work Hard, Trust God,,,, We can elect Ted Cruz!)
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To: Kaslin

Well, I will give his camp this. It (this piece) certainly is creative. He’s BROKE because he can’t be bought.....[he’s not broke because maybe he’s had a few honies on the side....]

We’ll see what happens, but this sort of proactive reactionary story doesn’t bode well for him IMO.


3 posted on 12/06/2015 8:11:52 AM PST by Gaffer
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To: Kaslin

The Clintons had nothing when they entered the white house too.

And traded away security secrets for campaign cash & quarter million dollar speaking fees after leaving office.

Now they’re worth tens of millions.

Thanks, but I’d rather have a president who’s not in it for the money.


4 posted on 12/06/2015 8:24:02 AM PST by skeeter
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To: conservativejoy

Do you have any proof that he did, or did you get this from some left-wing site, who does like noting more than to destroy our candidates, no matter who it is? If you did, than shame on you.


5 posted on 12/06/2015 8:40:19 AM PST by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Kaslin

Rubio is GOPe.


6 posted on 12/06/2015 8:48:32 AM PST by Menthops (If you are reading this..... the GOPe hates you!)
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To: conservativejoy
So she was making the GOP PAY for her influence...LOL!
The stupid party indeed.
7 posted on 12/06/2015 8:55:04 AM PST by lewislynn ( Ted Cruz will never be elected President)
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To: Menthops

Here is a great reply from a reader: Funny how some that won’t forgive Rubio for being part of the Gang of Eight, have no problem whatsoever voting for Trump, who, not even ten years ago, was a registered Democrat who supported Hillary for POTUS, was for NY style gun control and was pro-abortion.


8 posted on 12/06/2015 9:48:29 AM PST by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Menthops
Oh by the way: You really need to read Derek Hunter's column.

If you don't get what he says, than you are the problem

9 posted on 12/06/2015 9:54:18 AM PST by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Kaslin
The electorate is revolting.



"Yes.  They stink on ice."

10 posted on 12/06/2015 10:09:11 AM PST by sparklite2 (Islam = all bathwater, no baby.)
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To: Kaslin

Whatever Trump’s past may have been, it does not diminish the fact that today Trump is absolutely skewering the inept, corrupt, and hypocritical GOPe which has no core value other than maintaining its place at the trough by waging war on true conservatives.

The GOPe must be destroyed before we can have true conservatism prevail.


11 posted on 12/06/2015 10:32:48 AM PST by Menthops (If you are reading this..... the GOPe hates you!)
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To: Kaslin
There are other links, but this one provides the best screen shot of records, with links to the original sources.

There should be more coming out this week. We'll see.

LINK

12 posted on 12/06/2015 10:33:53 AM PST by conservativejoy (Pray Hard, Work Hard, Trust God,,,, We can elect Ted Cruz!)
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To: sparklite2
I suggest you read this and take it to heart

The Democratic Party Is A Death Cult

13 posted on 12/06/2015 10:36:30 AM PST by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: conservativejoy
What kind of a site is that? Are you for real?

Shame on you for falling for this kind of crap.

14 posted on 12/06/2015 10:39:07 AM PST by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Kaslin

Fellow Freepers from Florida say this info has been around since 2010. A Tallahassee paper reported the charges on his credit card.


15 posted on 12/06/2015 10:41:27 AM PST by conservativejoy (Pray Hard, Work Hard, Trust God,,,, We can elect Ted Cruz!)
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To: conservativejoy

He never denied the charges and he paid them off, or did you miss that?


16 posted on 12/06/2015 10:44:56 AM PST by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Kaslin
A partial list of the airline tickets are listed at a Ron Paul forum sight. Rubio's 2008 charges are not included In this post.

LINK Of course, Mother Jones, Daily Kos and so forth have printed them. I'm just waiting to see if the MSM will pick up the story.

17 posted on 12/06/2015 10:47:05 AM PST by conservativejoy (Pray Hard, Work Hard, Trust God,,,, We can elect Ted Cruz!)
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To: Kaslin

Why was he buying a lobbyist’s airline tickets?


18 posted on 12/06/2015 10:48:42 AM PST by conservativejoy (Pray Hard, Work Hard, Trust God,,,, We can elect Ted Cruz!)
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To: conservativejoy

Ron Paul, that kook LOL


19 posted on 12/06/2015 10:49:01 AM PST by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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