Posted on 01/13/2016 7:44:54 PM PST by proust
DORCHESTER, S.C. - Responding to a report that said he did not disclose a loan from his wife's employer during his 2012 U.S. Senate campaign, Republican presidential candidate Ted Cruz called the issue a "technical and inadvertent filing error" that he will fix if necessary.
(Excerpt) Read more at texastribune.org ...
Ted is doing fine. If it were an issue then it would actually be an issue instead of swamp theories saying it will be an issue.
Actually it’s the Trump supporters practicing the tactics of Alinsky of repeating over and over lies, half-truths, and innuendos about a candidate hoping to damage him in the eyes of potential voters that would feel more at home at DU.
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Your hypocrisy is stunning. Your post 151 is full of nothing but lies and innuendo.
That's what's commonly referred to as, 'whistling past the graveyard'.
If the issue fades away like so much morning mist, then I'll agree with you, but it doesn't appear to be doing that. It's been in the news since Trump replied to that reporter's question, and here we are still talking about it. So are Ted's rivals and enemies.
I agree with Trump. Ted's got to get out in front of it if he can. I don't know if that's even possible, given the gravity of the charge, and the lingering questions our whole country has about the definition of NBC.
I wouldn't wish this issue on any decent candidate, least of all Ted, but it's a real threat to his prospects, and even his potential effectiveness as a president, should his political enemies decide to press the issue beyond the election.
News for you - Just because crap comes flying out of Trump’s mouth doesn’t make it meaningful.
Fifty States out of Fifty States as well as the Republican Party who are allowing Cruz to run in the Presidential process prove that.
Brokerage margin loans are not very different from credit card cash advance checks. You don't need to ask anyone for the loan. You just write a check. I'm not surprised he overlooked the need to report the loan. I'm surprised anyone has to report a margin loan. A home equity loan requires loan officer approval and a home appraisal. A margin loan is simply a matter of writing a check from the brokerage account. As long as the amount of the loan is no more than half the market value of the stocks in the account, the check will clear.
There are no favors involved, whether at Goldman or anywhere else. You can get margin loans at a discount broker with way better rates than at Goldman, which charges more because it's Saks Fifth Ave compared to something like E-Trade's Old Navy. Cruz likely did not have a choice about the Goldman account - as long as his wife worked there, his brokerage account had to be there so that it could be audited for insider trading.
I have friends and family in Texas....the more I tell them about Cruz ( and I send lots of links ), the more they are getting angry that they ever supported and voted for him.
It's called "covering your bets." Playing both sides of the ticket. Leaving nothing to chance.
Giving Cruz credibility with the base then could help the GOPe later. Like now.
******************************************** Really???!!! The "conspiracy theory" deepens. Do you really believe that the Republican party leadership is smart enough to come up with this idea?
Especially as, when Cruz too, out the loan, he was merely running for Senator...and was a serious underdog at that. Who would've projected him running for President four years later?
We need to know that guy. He's brilliant!
Or did they "cover their bets" by loaning money to all the underdog candidates in 2012?
No need to get upset about it. We're just talking here.
Like I said, the issue is unsettled, and a real concern to many Americans - not just Ted's political rivals and enemies. Look at the contentious arguments that have raged on this very board over the last week or so. If we're concerned about it, what do you think libs are thinking/discussing?
This issue isn't something to be lightly brushed off. It's got the potential to truly derail Ted's presidential ambitions. Even worse, it could result in him being disqualified for office after having been elected.
So, may I ask, what was the “financiers” purpose in letting Cruz sell them out along with the Senate leadership? What did they have to gain from it? Why would they give Cruz money to do it?
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Maybe it was the vote that was part of the deal that McConnell lied about?
Remember the deal. Cruz voted for TPA cloture, McConnell promised not to bring up the EXIM bank, McConnell did bring up EXIM, and then Cruz called him a liar.
McConnell got what he wanted and Cruz got cover for his vote.
Kabuki Theater?
Canadian issue already cost him 6-7%
R-Goldman Sacs may cost him another 2-3%.
Lets see coming Debate.
Pols who run for ANY office and whilst they ARE in office, MUST declare EVERYTHING ! Of course, some don't, like Charlie Rangle and Harry Reid.
And WHAT ELSE about Cruz don’t we know?
Brokerage account margin loans are special in their own way, but not because of any favors. They are low interest loans mainly because the collateral is held by the brokerage, extremely liquid and easy to value on a day-to-day basis and can be liquidated to pay off the loan at any time. The terms of these loans are set by the Federal Reserve Board's Regulation T.
They are saying another issue will come out, they are holding till next week.
I live in a world where margin loans are not some kind of influence peddling scheme.
Who is leaking this stuff, do you know?
Be that as it may; you don’t know about the rules that pols are supposed to follow!
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