Bombshell: Cruz Caught Hiding $1 Million Wall Street Loan To Pay For Campaign, FEC Investigating
Last edited Thu Jan 14, 2016, 07:11 AM - Edit history (1)
Senator Ted Cruz (R-Tex), a first-term senator voted into Congress in what became a wave of obstructionist Tea Party candidates, was elected under the guise of reducing big-government spending. Cruz’s mission was to undermine President Barack Obama’s progressive agenda following his 2009 inauguration, when the president announced his intent to provide financial aid to bankrupt homeowners hard hit by Bush’s Great Recession. A worldwide period of economic downturn officially began in December 2007 – chiefly caused by tax-cuts for the wealthy, a deregulated Wall Street, and the cost of two off-the-books wars. Former President George W. Bush willingly bailed out Wall Street and the big banks, but did little to aid homeowners left in the lurch.
The New York Times is reporting that Cruz’s claim to have financed his fledgling campaign for Senate four years ago was built on a series of inadvertent omissions lies. Cruz claims to have said to his wife Heidi:
“Sweetheart, I’d like us to liquidate our entire net worth, liquid net worth, and put it into the campaign, who readily agreed.”
As it turns out, the decision to pump more than a $1 million into Cruz’s successful Tea Party candidacy “was made easier by a large loan from Goldman Sachs, where Mrs. Cruz works. That loan was not disclosed in campaign finance reports.” Federal campaign finance regulations for congressional candidates are pretty straightforward – money coming from loans or lines of credit must be disclosed: “Bank loans to candidates and loans derived from advances on a candidate’s brokerage accounts, credit cards, home equity line of credit, or other lines of credit obtained for use in connection with his or her campaign must be reported by the committee.”
SOURCE: http://www.occupydemocrats.com/bombshell-cruz-caught-hiding-1-million-wall-street-loan-to-pay-for-campaign-fec-investigating/
SEE ALSO: http://www.nytimes.com/2016/01/14/us/politics/ted-cruz-wall-street-loan-senate-bid-2012.html?_r=0
SEE ALSO: http://www.cnn.com/2016/01/13/politics/ted-cruz-bank-loans-senate-run/
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"something is rotten in the State of Denmark."
He's not a natural-born citizen.
