Ted Cruz's defiant self-description as a populist willing to put his personal financial security on the line to win elected office is under fire amid disclosures that the Texas Republican senator financed his anti-establishment 2012 Senate campaign in the most establishment of ways: by getting a big loan from Goldman Sachs.
Cruz's Federal Election Commission filings show that he and his wife, Heidi, dumped a total of $1.2 million of their own money into his upstart, ultimately successful, bid for the Senate, which has provided the tea party darling a platform for his current presidential campaign. But personal financial disclosures show that the Cruzes took out loans from both Goldman Sachs, where Mrs. Cruz is managing director, and Citibank, the New York Times reported.
The loans, which the Times said have been paid down, totaled about $1 million, suggesting that the financial risk Cruz then crowed to the Times he was taking was not so personal, after all. "Sweetheart, I'd like us to liquidate our entire net worth, liquid net worth, and put it into the campaign," the Times reported that Cruz told his amenable wife. But Cruz did not then mention the bank loans.
You can read the rest @
http://www.usnews.com/news/articles/2016-01-14/ted-cruz-financed-2012-campaign-with-loans-from-goldman-sachs-citibank
Anyone whose wife is a managing director for Goldman Sachs is not a populist.
Ted Cruz is one of my US Senators, and I cannot recall anything, good or bad, which he has done for the people of Texas.
Since Hillary is a darling of Goldman Sachs, I would not be surprised if she or her minions had something to do with ratting out Senator Cruz and his wife.
No comments:
Post a Comment