The Future Really Is Here!
Worth Reading, Mostly Economics, for April 21, 2010

Methinks FL Senate Candidate Mario Rubio Is Toast

Methinks Mario Rubio is toast. Beating Sarah Palin at shopping is not something you want to do.

Jay Weaver, Beth Reinhard and Lucy Morgan:

The IRS is also looking at the tax records of... former Florida House Speaker Marco Rubio... determine whether they misused their party credit cards for personal expenses, according to a source familiar with the preliminary inquiry. Political parties, which are tax exempt, are allowed to spend money only on political activities, such as fundraising, running campaigns and registering voters. While it's commonplace for party officials and politicians to wine and dine donors, the Florida party allowed credit card holders to rack up hundreds of thousands of dollars in charges with little oversight. The IRS opened the so-called "primary'' investigation into Rubio, the leading Republican candidate for Florida's open U.S. Senate seat... to see if there's enough evidence to support a full-fledged criminal inquiry.... Rubio billed the party for more than $100,000 during the two years he served as House speaker, according to credit card statements obtained by the St. Petersburg Times and Miami Herald. The charges included repairs to the family minivan, grocery bills, plane tickets for his wife and purchases from retailers ranging from a wine store near his home to Apple's online store. Rubio also charged the party for dozens of meals during the annual lawmaking session in Tallahassee, even though he received taxpayer subsidies for his meals...