March 1-2, 2016 -- Update1x. Rubio's "Cuban Mafia" connections in Miami-Dade

publication date: Feb 29, 2016
Print Send a summary of this page to someone via email.
March 1-2, 2016 -- Rubio's "Cuban Mafia" connections in Miami-Dade

Florida Senator and GOP presidential hopeful Marco Rubio would have never had a career in politics had it not been for a group of shady South Florida Republican Cuban-American politicos who helped propel a young Rubio from Tallahassee to Washington, DC.

When Rubio bought his Miami home in December 2005 for $550,000 he was given a $185,000 home equity loan of credit from U.S. Century Bank, a Doral bank controlled by his  deep-pocketed Cuban-American supporters in Miami-Dade. Rubio never declared the loan as income. For 37 days after Rubio closed on the mortgage, the value of his home appreciated in value $5,000 a day for 37 days, which ultimately raised the home's value to $735,000. Rubio was a member of the Florida House of Representatives at the time of the questionable loan and immediate daily rise in assessed home value, which WMR was told by a knowledgeable source in Miami violated the home assessment regulations established by Freddie Mac and Fannie Mae.

Rubio's tax form release for 2005 never included Schedule E, which lists all sources of income. In 2008, Rubio actually had the nerve to tell the Miami Herald, "I try to over-disclose as opposed to under-disclose," to which the Palm Beach Post responded, "He [Rubio] would look less like a politician trying to legitimize what looks like a political investment in him if, two years ago, he had ‘over-disclosed’ his ties to U.S. Century Bank.

A Palm Beach Post editorial of April 7, 2008, had the following to say about Rubio's dubious mortgage deal: "Rep. Rubio bought his house in December 2005 for $550,000. Suddenly, though, it was appraised at  $735,000. Even for housing-bubble times, that was impressive. Officials at U.S. Century Bank, however, say there were no political favors, that the loan was legal and is being dutifully repaid. The appreciation in value only looks as if it happened in just 37 days. In fact, Rep. Rubio signed a contract to purchase his home at pre-construction prices the year before an appraisal showed that $185,000 increase in value. But why did it take The Miami Herald questioning Rep. Rubio for him to acknowledge the loan and correct his state-required financial disclosure forms? As the Herald reported, U.S. Century’s board includes: developer Sergio Pino, whose companies donated $3,000 to Rep. Rubio’s campaign in 2006 and who has joined Rep. Rubio in fighting expanded slot machines; developer Rodney Barreto, who also is founding partner of a Tallahassee lobbying firm with lots of clients that have business before the Legislature; and Jose Cancela, who is involved with Floridians for Property Tax Reform, which also lobbies Rep. Rubio, for tax cuts. Miami-Dade County residents have an even greater interest in Rep. Rubio’s ties to U.S. Century’s board. Rep. Rubio may run for Miami-Dade mayor, and several U.S. Century board members have ties to Neighborhood Planning Co., a partner with Lennar Corp. and the Easton Group in plans to develop 800 acres of farmland outside the urban development boundary. Rep. Rubio says he doesn’t see why his loan and omission are newsworthy and that he has nothing to hide."

Rubio's cronyism with Miami-Dade's Cuban-American mafia, as well as his mismanagement of money and the Republican Party's credit card, are much more troubling than "good family-man" Rubio covering up his gay past in South Beach.

The Rubio cronyism story is developing and there is more to come . . .

Update 1x:

The type of political machine backing Rubio in Miami-Dade is a carbon copyl of the old right-wing Latin American oligarchies of Batista in Cuba, Somoza in Nicaragua, and Balaguer in the Dominican Republic. Now, Rubio is trying to install such a regime nationally in the United States. Add to the Cuban mafiosi backing Rubio, the neocon establishment and large cash contributions from billionaires like Miami's Norm Braman, Wall Street vulture hedge fund magnate Paul Singer, and the Koch Brothers, and what Rubio is offering the United States is another George W. Bush administration but with a Hispanic flair.

The Cuban machine that backs Rubio consists of his political "godmother" Rebecca Sosa, Miami-Dade Commissioner, and Florida House Representative Esteban Bovo, Jr. Bovo's father, Esteban Bovo, Sr. was a member of the Central Intelligence Agency-supported

Brigade 2506, which saw combat during the Bay of Pigs invasion. Viviana Bovo, Bovo's wife, works for Rubio. The Rubio for President campaign recently opened a Miami office at
7575 W. Flagler Street in Miami. The office just so happens to be located at a former branch office of U.S. Century Bank, the Cubano mafia-controlled bank that gave Rubio his 2005 sweetheart mortgage.

WMR has learned from Miami sources that Sosa's county commissioner staff is almost indistinguishable from Rubio's Miami campaign staff, a clearly illegal use of municipal level employees for the political campaign.

WMR has been informed by knowledgeable sources in Miami that before Rubio announced for the presidency, he and Bovo, Jr. frequented the Miami Velvet, a 1980s Plato's Retreat-style swinger's club that features couples and singles engaged in heterosexual, lesbian, and bisexual activities. The swinger's club is just a few exits away on the Palmetto Expressway from Rubio for President headquarters.

exhibition-bed
An orgy room at the Miami Velvet where Rubio and his top political supporters are known to have gathered in the past.

Generally, readers are solely responsible for the content of the comments they post on this web site. Comments are subject to the site's terms and conditions of use and do not necessarily reflect the opinion or approval of Wayne Madsen Report.com. Readers whose comments violate the terms of use may have their comments removed without notification. Please do not post hate messages as this is a violation of British laws against racist and xenophobic messages. WMR's web service is based in Wales, UK and is subject to UK law.

Search the site
WEB STATS
Free counters!
WMR BOOK STORE


The Almost Classified Guide to CIA Front Companies, Proprietaries & Contractors

---
Soros: Quantum of Chaos



The Christian Mafia




Tales from the CIA Crypt


The Star and the Sword



The Betrayal of the Scorpion and Poet




National Security Agency Surveillance: Reflections and Revelations 2001-2013




 

 

Calendar
«  »
SMTWTFS
 12345
6789101112
13141516171819
20212223242526
2728293031