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Israel/Zionism
See other Israel/Zionism Articles

Title: Rubio's Jewish Connection
Source: AP
URL Source: http://hosted.ap.org/dynamic/storie ... AULT&CTIME=2015-06-06-14-22-32
Published: Jun 7, 2015
Author: NICHOLAS RICCARDI
Post Date: 2015-06-07 12:15:19 by Southern Style
Keywords: None
Views: 47
Comments: 1

Rubio's real estate dealings often a drag on his finances

By NICHOLAS RICCARDI

During Marco Rubio's first year in the Florida Legislature in 2000, the 29-year-old lawmaker filled out the required forms detailing his personal finances. On the line listing his net worth, Rubio wrote: "0."

Since then, he has risen to lead the state House as speaker, won election to the U.S. Senate and earned at least $4.5 million at a series of six-figure jobs and by writing a best-selling memoir. Yet his net worth has improved only modestly.

"He's like any normal American with four kids that has a mortgage," said Bernie Navarro, a past president of the Miami-based Latin Builders Association, who has advised Rubio on his real estate transactions. "He goes through what any normal family goes through, living with a salary, and he has to make adjustments."...

At other points, Rubio's political connections have helped financially.

One of Rubio's biggest political backers, Miami billionaire Norman Braman, hired Rubio as his lawyer after Rubio left the Florida Legislature in 2008, and Braman funded a teaching position at Florida International University that Rubio still holds.

Braman's foundation also pays Rubio's wife to advise it on charitable giving.


Poster Comment:

Billionaire Lifts Marco Rubio, Politically and Personally

Marco Rubio and Norman Braman at a bipartisan rally for Israel in 2012. Positions on Israel helped bring them together. Credit via Greater Miami Jewish Federation

Excerpts from article:

This man (Norman Braman), Mr. Rubio said in effusive remarks in 2008, was no ordinary billionaire, hoarding his cash or using it to pursue selfish passions.

“He’s used it,” Mr. Rubio said, “to enrich the lives of so many people whose names you will never know.” As it turned out, one of the people enriched was Mr. Rubio himself.

As Mr. Rubio has ascended in the ranks of Republican politics, Mr. Braman has emerged as a remarkable and unique patron. He has bankrolled Mr. Rubio’s campaigns. He has financed Mr. Rubio’s legislative agenda. And, at the same time, he has subsidized Mr. Rubio’s personal finances, as the rising politician and his wife grappled with heavy debt and big swings in their income. Now, with Mr. Rubio vaulting ahead of much of the Republican presidential field, Mr. Braman is poised to play an even larger part and become Mr. Rubio’s single biggest campaign donor, with an expected outlay of approximately $10 million for the senator’s pursuit of the White House.

A detailed review of their relationship shows that Mr. Braman, 82, has left few corners of Mr. Rubio’s world untouched. He hired Mr. Rubio, then a Senate candidate, as a lawyer; employed his wife to advise the Braman family’s philanthropic foundation; helped cover the cost of Mr. Rubio’s salary as an instructor at a Miami college; and gave Mr. Rubio access to his private plane.

Mr. Braman and aides to Mr. Rubio have declined to say how much personal financial assistance he has provided to Mr. Rubio and his wife, directly or indirectly, but it appears to total in the hundreds of thousands of dollars.

When Mr. Rubio geared up for re-election to the House, more than a dozen individuals and companies linked to Mr. Braman, including his Honda and Cadillac dealerships, gave Mr. Rubio $500 each, the maximum donation allowed under Florida law.

When Mr. Rubio decided to write a book laying out a conservative vision for Florida’s future, Mr. Braman said, he chipped in money to pay for its publication.

When Mr. Rubio announced his signature legislative goal, an initiative to slash property taxes and raise the sales tax, Mr. Braman contributed $255,000 to the advocacy group lobbying for the changes, becoming by far its largest donor.

Mr. Rubio said the flow of donations from Mr. Braman had no effect on his decision-making as House speaker, adding that he would never give preferential treatment to a donor. But in 2008, when Mr. Braman sought the $80 million for the genomics institute at the University of Miami, a large taxpayer grant to a private college, Mr. Rubio delivered the opposite message: Mr. Braman’s request, he said, had tilted the scales.

Usually, Mr. Rubio said at a news conference at the time, he would have laughed off such an eye-popping pitch. “But when Norman Braman brings it to you,” Mr. Rubio said, “you take it seriously.” Later that year, 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, according to records he shared with The New York Times. Dario Moreno, who oversaw the university center where Mr. Rubio worked and who taught classes with him, confirmed that Mr. Rubio had raised the money from Mr. Braman.

In the spring of 2010, as Mr. Braman was donating heavily to Mr. Rubio’s 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. Rubio’s wife, Jeanette, who had little professional experience in philanthropy, and her company, JDR Events, to advise the Braman foundation. Mr. Braman declined to discuss her compensation.ARTICLE HERE(1 image)

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#1. To: Southern Style (#0)

TWO Jews are pissed off at Jeb Bush, and both support Marco Rubio. That may well be the deciding factor in what will be seen as "Marco Rubio surging from behind as a dark-horse contender...":

Hints that Adelson supports Rubio may also be directed by the billionaire’s anger at Jeb Bush for his reluctance to criticize family friend and longtime ally James Baker III.

Regardless of whether Rubio ultimately gains Adelson, the Florida senator is already connected to at least one wealthy donor: Miami billionaire Norman Braman.

Like Adelson, Braman has antipathy for Rubio’s presidential rival, Bush. In 2004, Governor Jeb Bush vetoed $2 million in state spending earmarked for Braman’s cancer research institute. The billionaire explained that while he has no personal animosity for Bush, he was “disappointed with the veto,” which he says he was never given an explanation for.

ivn.us/2015/04/27/marco-r...ldon-adelsons-unofficial- primary/

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“With the exception of Whites, the rule among the peoples of the world, whether residing in their homelands or settled in Western democracies, is ethnocentrism and moral particularism: they stick together and good means what is good for their ethnic group."
-Alex Kurtagic

X-15  posted on  2015-06-07   12:42:56 ET  Reply   Trace   Private Reply  


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