on the two homes that Deval Patrick and his wife own. The 24 room mansion under construction in the Berkshires, the home in Milton and the $27,000 monthly mortgage payment to support both of them is amazing.
I would like to know if he will be able to connect to the “party of the common man” at the time of the election.
Please share widely!
publius says
does pretty well with that party of the common man, doesn’t he?
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Yes, Frank took out his hatchet and whacked Patrick again. One thing he neglected to mention: people with good investment opportunities often borrow against their real estate when mortgage rates are low. If you can borrow at 5% and invest at 7 or 8%, you make money. I don’t know this is what Patrick is doing, but people shouldn’t rush to the conclusion that he’s living on the edge.
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david says
to seeing Frank Phillips delve into the finances of Tom Reilly. I’m also looking forward to seeing pigs fly.
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Phillips is obviously still furious that Michael Rezendes and Walter V. Robinson scooped his ass on the St. Fleuriasco, humiliating his preferred candidate in the process, and he’s trying to get back in the game with the Patrick mortgage business. But he’s got nothing. If the guy’s making his payments – which he is – where’s the story? Honestly, Phillips must have something better to research than a bunch of public records showing that Deval Patrick makes his mortgage payments.
qane says
You thought Frank Phillips did an excellent piece on the fact that Deval Patrick has large mortgage payments? The Globe is out digging for every piece of dirt they can find on Deval, with the help of some dime-droppers I’m sure, and the best the Globe can come up with is “Deval owns two homes.”
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I mean what’s next? Deval Patrick once drove 70 in a 65MPH zone? And he tore the tag off a mattress. Not only that, he once failed to tip a street squeegy guy.
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To me this just looks like a trap story. Make Deval look “poor” and thus unelectable, to force him to show that he’s “rich” and thus out of touch.
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I find the whole thing pretty funny. If this is really the worst thing the Globe can come up with, I gotta figure the Deval Patrick campaign is in pretty solid shape.
silence_dogood says
As this is a race in some degree about money, Deval’s finances play a big role. In part, this story is arguably a non-story about a man who owns two homes and owes a lot of money on them. It is also story about, as much as I dislike agreeing the rightmiddleleft, the connection of Deval to the people of this state.
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What will be interesting to watch his campaign funds over the next month. If this story resonates with people then we should see a marked decline in Deval’s campaign finance. Of couse people will argue that a man that can afford a 24 room mansion doesn’t need my support, but those are the people that are too disconected and/or cheap to donate to a campaign anyway…
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Politics is no longer about votes but contributions and any effect of this story will be telling in that arena….
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That being said where is the story about Tom Rielly, man making over $120k for the past 15 years and that he can’t afford a house. Where’s that money going, where’s the skeleton that keeps him from actually buying a house in the town he “lives” in? Just wondering…..
sco says
Though Tom Reilly rents his apartment in Watertown (and has for 35 years or so) he does own a vacation property in Chatham.
emilyjaexx says
Frank is my great great grandpa. =]