Either Cruz doesn’t understand how business finance works, or he is lying and spinning like any traditional politician.
Sad to say, it’s probably both.
I’m still trying to figure out how Cruz & Heidi INCREASED their wealth by a million $$ after taking out loans and her quitting her job....???
May 22, 2013 - Freshman Sen. Ted Cruz (R-Texas), another potential presidential candidate in 2016, reported a net worth of $1.5 million for 2012 http://thehill.com/business-a-lobbying/301323-rubios-net-worth-stays-in-the-red
Sen. Ted Cruz (R-Tex.), whose financial disclosure forms were also released Monday, listed assets between $2.4 and $4.7 million (Aug. 2015)
https://www.washingtonpost.com/news/post-politics/wp/2015/08/03/ted-cruzs-book-royalties-so-far-may-be-higher-than-scott-walkers-net-worth/
Some of the increase was ‘book royalties’....he sold his books to his campaign.
“Either Cruz doesn’t understand how business finance works, or he is lying and spinning like any traditional politician.”
Yup. I agree. Cruz is just like the rest of ‘em. The fact that he hooked up with that crazy Glenn Beck is more proof of that. And Cruz was the one that got BIG loans from banks and then failed to disclose. BS on the “inadvertent” meme. Trump is the only one who is really outside the government crowd. His personal life is not my cup of tea but the flip flops over the years on issues really don’t bother me. Most of us evolve our positions when we put serious thought to an issue. But the biggest reason I think Trump is the best candidate for the times is that I just can’t get past all the other candidates’ ties to the “establishment” ....even Cruz. They are all beholden to someone whether we want to admit it or not, and they will serve that master(s). Except Trump. The government, including the entire bureaucracy and attendant regulations, needs to be overhauled and shrunk massively. I hope that Trump can do it. Start by selling most federal land back to the states or private (domestic) landowners and use the proceeds to pay down our national debt. Trump, being a real estate dude, will get the best deals.
Considering Cruz has never had a job in the private sector, I’m confident he doesn’t understand business. Maybe he should ask his wife.