Rubio's financial fiasco

[ogibillm]

I don't know if this has been brought up before, but this concerns me about the senator from Florida. He doesn't seem to handle his money well, and the way he earns some of it seems suspect. Here's some of the highlights

• While making $90k annually he had to sell of a car and move in with his mother-in-law for financial reasons
• Somehow, despite his bosses frustration at his job because of his lack of focus tied to his political career, he manages to land a $300k job
• A campaign donor got him a job as a college instructor to help with his finances. He also hires Rubio as a lawyer and employs Rubio's wife. Sounds like a purchased senator to me.
• He neglected to pay the mortgage on a home for 5 months.
• His wife neglected to pay the local taxes on the PAC she runs that seems to be a way to subsidize the Rubio's lifestyle
• In 10 years of total earnings of $2.38 million he managed a net worth of only about $50k
• He has more than once "accidentally" used party money for personal expenses

Throw in some really stupid moves like buying a half million dollar home, a luxury speed boat, and some stupid car leases and you begin to wonder if he has any sense at all. Frankly if a publisher had not been stupid enough to pay him an $800k advance on a book that didn't sell 40k copies (that's right, he's made more than $20 per book. check your local Everything's $1 store for copies) you have to wonder where his finances would be today.

Can someone so obviously indebted to others and so obviously irresponsible be trusted in the white house?

sources: http://www.nytimes.com/2015/06/10/us/politics/marco-rubio-finances-debt-loans-credit.html?_r=0
Ben Carson Has Sold More Copies Of His Book Than Every Other 2016 Republican Combined — By A Lot

 

[washamericom]

hillary wipes state email, and they go after rubio for having to work his way through school.
it's fantasy football.

perhaps his story is a little to close to hope, arkansas,
or being born a poor black child (who actually wasn't).

maybe it's reverse double secret inverted supernova bigotry. ever think of that ??

plus, he didn't take the china and silverware home from the white house. heh.

so you tell me. Clintons Return White House Furniture
probably won't come up in the campaign though.

what the heck, it's friday... clintons stole whitehouse china - Google Search


"someone said we could take it" they misspoke.

 

[ogibillm]

hillary wipes state email, and they go after rubio for having to work his way through school.

this has nothing to do with working his way through school. i can applaud him for that, even though it seems more like he borrowed his way through school.

what worries me is his inability to manage his own finances. He has made some very good money but would be bankrupt if it weren't for a generous book deal and billionaire donor.

why doesn't that concern you?

 

[Ernie S.]

Why doesn't hillary clinton's numerous "errors in judgement" concern you?

 

[ogibillm]

Why doesn't hillary clinton's numerous "errors in judgement" concern you?

who says they don't? but hillary isn't the subject of this thread.

the guy claims that he had to cash out a retirement account recently to replace a broken refrigerator. he's paid $174k/year for his work as a senator, has money from book sales, and is a "lawyer" for a billionaire

i could cash flow a new refrigerator on much less. why can't he?

 

[Siete]

asset management wasn't his strong subject where ever he went to school ..

 

[Disir]

I don't know if this has been brought up before, but this concerns me about the senator from Florida. He doesn't seem to handle his money well, and the way he earns some of it seems suspect. Here's some of the highlights

• While making $90k annually he had to sell of a car and move in with his mother-in-law for financial reasons
• Somehow, despite his bosses frustration at his job because of his lack of focus tied to his political career, he manages to land a $300k job
• A campaign donor got him a job as a college instructor to help with his finances. He also hires Rubio as a lawyer and employs Rubio's wife. Sounds like a purchased senator to me.
• He neglected to pay the mortgage on a home for 5 months.
• His wife neglected to pay the local taxes on the PAC she runs that seems to be a way to subsidize the Rubio's lifestyle
• In 10 years of total earnings of $2.38 million he managed a net worth of only about $50k
• He has more than once "accidentally" used party money for personal expenses

Throw in some really stupid moves like buying a half million dollar home, a luxury speed boat, and some stupid car leases and you begin to wonder if he has any sense at all. Frankly if a publisher had not been stupid enough to pay him an $800k advance on a book that didn't sell 40k copies (that's right, he's made more than $20 per book. check your local Everything's $1 store for copies) you have to wonder where his finances would be today.

Can someone so obviously indebted to others and so obviously irresponsible be trusted in the white house?

sources: http://www.nytimes.com/2015/06/10/us/politics/marco-rubio-finances-debt-loans-credit.html?_r=0
Ben Carson Has Sold More Copies Of His Book Than Every Other 2016 Republican Combined — By A Lot

I know about his financial fiasco. He doesn't want to work and he doesn't handle money well.

 

[g5000]

I don't know if this has been brought up before...

It has.

More than once...

...or twice.

 

[g5000]

It seem that..a few years ago, Marco Rubio was..."dead broke".

And...he had to use a friend...to get a home loan.

To Democrats, that sounds like street cred!

 

[ogibillm]

I don't know if this has been brought up before...

It has.

More than once...

...or twice.

i thought that thread dealt more with his lies about the situation. i'm more concerned with how he got there in the first place.

 

[ogibillm]

It seem that..a few years ago, Marco Rubio was..."dead broke".

And...he had to use a friend...to get a home loan.

To Democrats, that sounds like street cred!

i don't blame people for using their business connections - but this isn't really about that.
an average of $238k over ten years and to come out the other side with a net worth of $50k? that's insane.

 

[washamericom]

preibus just ditched the cnbc:
this bulliten brought to you by three angry liberal milquetoast debate monitors.

GOP drops NBC as debate host, citing 'offensive' questions - StarTribune.com

 

[g5000]

i don't blame people for using their business connections - but this isn't really about that.
an average of $238k over ten years and to come out the other side with a net worth of $50k? that's insane.

From the OP link:

Since 2012, they have started college savings accounts for his four children, put away at least $150,000, given $60,000 to charity and refinanced the mortgage on their primary home to lower the monthly payments.


So what's the fricking problem?

 

[ogibillm]

i don't blame people for using their business connections - but this isn't really about that.
an average of $238k over ten years and to come out the other side with a net worth of $50k? that's insane.

From the OP link:

Since 2012, they have started college savings accounts for his four children, put away at least $150,000, given $60,000 to charity and refinanced the mortgage on their primary home to lower the monthly payments.


So what's the fricking problem?

since 2012 he's received an $800k windfall from his book. that's not likely to happen again since less than 40k copies were sold.
what has happened to the other $590k

 

[g5000]

since 2012 he's received an $800k windfall from his book. that's not likely to happen again

If he's elected President it will.

what has happened to the other $590k

Hookers and blow.

 

[g5000]

If this is the worst that can be dug up about about Rubio, he's practically as pure as the Virgin Mary relative to every other politician.

 

[Disir]

It's not the worst. The worst was pretending that his parents escaped Castro. This is simply bad money management and a desire to appear that he is well off. This on top of the fact that his current job is too hard for him is a problem.

 

[Soggy in NOLA]

hillary wipes state email, and they go after rubio for having to work his way through school.

this has nothing to do with working his way through school. i can applaud him for that, even though it seems more like he borrowed his way through school.

what worries me is his inability to manage his own finances. He has made some very good money but would be bankrupt if it weren't for a generous book deal and billionaire donor.

why doesn't that concern you?

Whatever, he paid back all his loans... unlike the freeshit crowd who now want all their loans forgiven. Funny how the left puts any one with an (R) by their name under a microscope.. a (D)? You can't question anything about them.

 

[g5000]

What is this, the Jeb Bush oppo research distribution forum?

 

[Freewill]

It seem that..a few years ago, Marco Rubio was..."dead broke".

And...he had to use a friend...to get a home loan.

To Democrats, that sounds like street cred!

i don't blame people for using their business connections - but this isn't really about that.
an average of $238k over ten years and to come out the other side with a net worth of $50k? that's insane.

11. Marco Rubio
Net worth: $57,018-$829,999

According to USA Today. Quite a range with the upper end being in line with his earnings and the fact that it costs a lot to be a Senator in Washington.

But none of that matters this is just BS, BS, BS. Hillary lied her ass off about her finances if you really cared you would be pointing that fact out. But no partisan BS is what we get.