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DonViejo

(60,536 posts)
Mon Mar 16, 2015, 09:36 AM Mar 2015

Rubio Puts Financially Troubled Home On The Market For A Loss

Source: TPM

Sen. Marco Rubio (R-FL) and former Rep. David Rivera (R-FL) have put the troubled Florida house they co-own on the market for less than they originally paid for it, according to a Politico report.

The house has been a source of embarrassment for Rubio since he purchased it with Rivera in 2005 while they both served in the Florida state legislature. The home faced potential foreclosure during Rubio's 2010 Senate bid, and was then flooded during a tropical storm, according to Politico. The house was listed last week for $10,000 less than Rubio and Rivera originally paid for it.

-snip-

According to Politico, a Rubio spokesman denied that the senator put the house on the market for political reasons. And sources gave Politico conflicting descriptions of Rubio's relationship with Rivera. Some said that the two are still close, while others said that Rubio is trying to move on with his political career.

The house may not sell before the 2016 election, and may force Rubio to account for his personal financial troubles if he decides to run for President. Rubio got into hot water in for using a Florida Republican Party charge card for personal expenses while he served in the Florida legislature. Rubio said that he repaid the party for all personal purchases.

Read more: http://talkingpointsmemo.com/livewire/marco-rubio-house-sale-loss



Rubio’s House of Horrors

Politico looks at a house jointly owned by Sen. Marco Rubio (R-FL) and scandal-plagued ex-Rep. David Rivera (R-FL).

“In many ways, it has been a house of horrors for Rubio, a financial and political liability heading into the 2016 election. While he and Rivera were state legislators, they paid way too much for it in 2005, only to see it go embarrassingly into foreclosure for a spell during Rubio’s 2010 Senate race… Now, the three-bedroom property stands as a stubborn symbol of both a politically problematic friendship and lingering questions about Rubio’s personal finances, which dogged him on the campaign trail in 2010 and may do so again.”

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Rubio Puts Financially Troubled Home On The Market For A Loss (Original Post) DonViejo Mar 2015 OP
and why is this breaking news? srican69 Mar 2015 #1
Because he's a potential Presidential candidate and folks might be interested in knowing... DonViejo Mar 2015 #2
Exactly right. He's going nowhere anyway.Would be nice if he just exited public life.n/t livetohike Mar 2015 #4
He's hardly the only person in Congress who can't manage his finances Lurks Often Mar 2015 #13
Rubio may be running for President...that's the difference! Feel free to file an alert DonViejo Mar 2015 #15
Defensive much? Lurks Often Mar 2015 #18
Given you jumped into a conversation regarding whether this news is LBN Forum qualified... DonViejo Mar 2015 #21
May so, but we sure don't want any of them being president and in charge . . . brush Mar 2015 #24
If a person can't manage their personal finances, they shouldn't be in Congress or Lurks Often Mar 2015 #26
My thoughts exactly strawberries Mar 2015 #17
... freshwest Mar 2015 #3
Somewhere in a press release this mess will be Obama's fault. Book it. kairos12 Mar 2015 #5
Moonie News will claim Dodd-Frank is to blame. blm Mar 2015 #6
Meh! It will be Hillary's fault and have something to do with emails or BenGawzi! leftofcool Mar 2015 #7
or whitewater..gate UpInArms Mar 2015 #19
Woodrow Wilson and Theodore Roosevelt rpannier Mar 2015 #9
I thought Republicans believed in accountability. LiberalFighter Mar 2015 #23
Yeah, why is this breaking news seabeckind Mar 2015 #8
Some Conservative political group will snap it up, to avoid any embarrassment for Rubio n/t secondwind Mar 2015 #10
false flag father founding Mar 2015 #11
He really does practive that GOP Math! nt Cryptoad Mar 2015 #12
RUN YOUR HOUSEHOLD LIKE A BUSINESS, RUBIO!!!!! alcibiades_mystery Mar 2015 #14
I can hear him now... DonViejo Mar 2015 #16
Is it on the waterfront? KamaAina Mar 2015 #20
Apropos of nothing, RUBIO's ex-BIL is the actor playing the yoga instructor in Couples Retreat UTUSN Mar 2015 #22
ONE house? If Rubio had any real chops, it would have been bought by now. Thor_MN Mar 2015 #25

DonViejo

(60,536 posts)
2. Because he's a potential Presidential candidate and folks might be interested in knowing...
Mon Mar 16, 2015, 09:41 AM
Mar 2015

that a guy running for the office cannot manage his personal finances, how in the heck can he be expected to manage the Federal Government's finances.

 

Lurks Often

(5,455 posts)
13. He's hardly the only person in Congress who can't manage his finances
Mon Mar 16, 2015, 12:11 PM
Mar 2015

and it isn't restricted to Republicans

DonViejo

(60,536 posts)
15. Rubio may be running for President...that's the difference! Feel free to file an alert
Mon Mar 16, 2015, 12:24 PM
Mar 2015

about this article being posted in the LBN Forum if you don't believe Rubio's financial situation doesn't meet the standards of the SOP for the LBN Forum.

 

Lurks Often

(5,455 posts)
18. Defensive much?
Mon Mar 16, 2015, 12:57 PM
Mar 2015

Merely pointing out how Rubio isn't the only one, from both parties, that seem to have a problem managing their finances

DonViejo

(60,536 posts)
21. Given you jumped into a conversation regarding whether this news is LBN Forum qualified...
Mon Mar 16, 2015, 01:30 PM
Mar 2015

providing a more or less "they all do it" or words to that effect response; yeah, maybe I was being a little defensive. Can't imagine why.

brush

(53,764 posts)
24. May so, but we sure don't want any of them being president and in charge . . .
Mon Mar 16, 2015, 08:12 PM
Mar 2015

of the federal budget.

 

Lurks Often

(5,455 posts)
26. If a person can't manage their personal finances, they shouldn't be in Congress or
Mon Mar 16, 2015, 08:42 PM
Mar 2015

the White House.

blm

(113,041 posts)
6. Moonie News will claim Dodd-Frank is to blame.
Mon Mar 16, 2015, 10:01 AM
Mar 2015

They push that horsepoo on any real estate story.

GOP: The financial industry didn't create a mortgage securities based in fraud that helped collapse the entire economy…no, no, no…it was Dodd-Frank.

rpannier

(24,329 posts)
9. Woodrow Wilson and Theodore Roosevelt
Mon Mar 16, 2015, 10:26 AM
Mar 2015

Plus FDR, Truman and LBJ
It's a long running liberal conspiracy that started under Teddy, with the sole purpose of destroying rubio's chance at becoming president

seabeckind

(1,957 posts)
8. Yeah, why is this breaking news
Mon Mar 16, 2015, 10:26 AM
Mar 2015

Any of us who has bought or sold homes in the 2000's is well aware of what's been happening to the personal home market and the traditional savings accounts.

The only thing going for home ownership is that it's cheaper than an apartment and you might break even if you put in some sweat equity and the bottom doesn't fall out of the neighborhood.

The money you save in rent will go to the realtor.

Looking at homes now...these people are crazy. Why would I pay top dollar for a 15 yo top load washing machine?

Forgot to add -- and it's the republican idea of taking all the inherent value in the middle class and giving it to the thieves that caused it.

F' Rubio.

UTUSN

(70,675 posts)
22. Apropos of nothing, RUBIO's ex-BIL is the actor playing the yoga instructor in Couples Retreat
Mon Mar 16, 2015, 01:55 PM
Mar 2015

from Wiki:
“(Carlos) Ponce married his high school sweetheart, photographer Veronica Rubio (who is also the sister of current U.S. Senator Marco Rubio).[6] They resided in Miami, Florida with their four children, Giancarlo (born 1999), Sebastián (born 2001), and twins Savannah and Sienna (born 2002). In 2010, the couple divorced.[7] Since 2010, his girlfriend is the Colombian actress Ximena Duque.”

 

Thor_MN

(11,843 posts)
25. ONE house? If Rubio had any real chops, it would have been bought by now.
Mon Mar 16, 2015, 08:16 PM
Mar 2015

Any conservative billionaire supporter could buy it without stopping to think about what to do with it, just to save him negative press. That this has not happened shows that Rubio has no real support.

GW's pig farm "Ranch" sold the minute he no longer needed the cover...

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