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Posted: 1/14/2016 8:17:45 AM EST
[#1]
OMG, Ted Cruz applied for a loan and got one?
SCANDALOUS! |
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Posted: 1/14/2016 8:18:06 AM EST
[#2]
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Yeah, I guess it really doesn't matter that Cruz took an unsecured loan from El Chapo bank, the sleaziest bank in the USA. And then Cruz conveniently forgot to report it. And Cruz also forgot about the loan when he was bragging about using his own assets for the campaign, too. Goldman Sachs (the El Chapo of banks) will give any Senate candidate an unsecured $750k loan, right? They don't expect anything in return. Quote HistoryQuoted:
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So the guy got a loan to help pay for his campaign a few years ago, and then promptly paid it off. What's the big deal? This is making the national news??  Yeah, I guess it really doesn't matter that Cruz took an unsecured loan from El Chapo bank, the sleaziest bank in the USA. And then Cruz conveniently forgot to report it. And Cruz also forgot about the loan when he was bragging about using his own assets for the campaign, too. Goldman Sachs (the El Chapo of banks) will give any Senate candidate an unsecured $750k loan, right? They don't expect anything in return. What they expect in return is ............750k........plus interest...........thats how loans work dude. |
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Posted: 1/14/2016 8:20:12 AM EST
[#3]
MSN will go into full attack mode on this while remaining mum on Hillary selling top secret information, it is just how they roll.
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Posted: 1/14/2016 8:21:02 AM EST
[#4]
While I'm guessing it's not all that uncommon...
It still boggles my mind there are men willing to put that much risk into what is supposed to be a thankless public servant job. I guess it goes more to the image of a cackling Mr. Burns trying to gain power for the sake of power. |
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Posted: 1/14/2016 8:21:50 AM EST
[#5]
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Not a big deal except he did not get out front. Makes him look like he was hiding it. Goldman Sachs? I'd want to hide that, too. |
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Posted: 1/14/2016 8:22:18 AM EST
[#6]
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Just got in...... Cruz is still the best candidate out there Quote HistoryQuoted:
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In before Sydney! "CCCCCRRRRUUUUZZZZ 2016!!!!!!!!!!!!!!!!!!!!!!" Just got in...... Cruz is still the best candidate out there Amen. |
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Posted: 1/14/2016 8:24:25 AM EST
[#7]
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Secured by his wife's company (oh, wait...she's a higher level employee of that company) stock, and personal assets. I'm guessing that the facts don't matter much when you're trying to sling as much mud as you can. Quote HistoryQuoted:
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So the guy got a loan to help pay for his campaign a few years ago, and then promptly paid it off. What's the big deal? This is making the national news?? Yeah, I guess it really doesn't matter that Cruz took an unsecured loan from El Chapo bank, the sleaziest bank in the USA. And then Cruz conveniently forgot to report it. And Cruz also forgot about the loan when he was bragging about using his own assets for the campaign, too. Goldman Sachs (the El Chapo of banks) will give any Senate candidate an unsecured $750k loan, right? They don't expect anything in return. It was a secured loan unless I missed something. Secured by his wife's company (oh, wait...she's a higher level employee of that company) stock, and personal assets. I'm guessing that the facts don't matter much when you're trying to sling as much mud as you can. Cruz is exactly as he appears.... slimy dirt bag , bought and paid for. |
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Posted: 1/14/2016 8:24:42 AM EST
[#8]
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Amen. Quote HistoryQuoted:
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In before Sydney! "CCCCCRRRRUUUUZZZZ 2016!!!!!!!!!!!!!!!!!!!!!!" Just got in...... Cruz is still the best candidate out there Amen. QFT |
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Posted: 1/14/2016 8:24:49 AM EST
[#9]
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Bear in mind that the choice is really between Cruz and Trump for any hope of righting the ship. Quote HistoryQuoted:
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In after the snarky Cruz apologists, especially those intellectually dishonest hucksters that brayed like jackasses to the effect that Heidi Cruz's position as an important Managing Director at Goldman Sachs and one of the most powerful people on Wall Street was of no consequence to the Cruz campaign. Cruz has been bought and paid for like a cheap suit. 
Bear in mind that the choice is really between Cruz and Trump for any hope of righting the ship. I think they are the only options that could be elected. |
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Posted: 1/14/2016 8:29:42 AM EST
[#10]
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Yep Awfully coincidental that it came out right before a debate where the moderators can throw red meat into the circus Quote HistoryQuoted:
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Meh. Doesn't sound like much of anything particularly shady to me. He got a couple loans at the prevailing rates for the time. May have failed to to follow strict protocol on the reporting of those loans but certainly wasn't keeping them a secret as they were disclosed else where. This sounds like a witch hunt to me but I'll withhold judgement till Cruz addresses it. We'll see. Yep Awfully coincidental that it came out right before a debate where the moderators can throw red meat into the circus Yeah, just a bit. 
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Posted: 1/14/2016 8:31:30 AM EST
[#11]
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Cruz is exactly as he appears.... slimy dirt bag , bought and paid for. 
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Posted: 1/14/2016 8:32:37 AM EST
[#12]
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Goldman Sachs? I'd want to hide that, too. Quote HistoryQuoted:
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Not a big deal except he did not get out front. Makes him look like he was hiding it. Goldman Sachs? I'd want to hide that, too. Imagine what the same posters would have to say if it was another candidate who hid those loans and disregarded the campaign reporting requirements. The long knives would be drawn and a stream blood and entrails would be flowing here on GD. Instead, since it's Cruz; it's " I don't care". Especially those who challenged others to between prove any connection at all to Cruz and Heidi Cruz's position as an important Managing Director (not a mere vice president) at Goldman Sachs. Now a connection has been proven and it's " no big deal" and "I don't care". Money talks and bullshit walks. |
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Posted: 1/14/2016 8:35:11 AM EST
[#13]
That's it!
 I'm voting for Bernie Sanders now
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Posted: 1/14/2016 8:35:24 AM EST
[#14]
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MSN will go into full attack mode on this while remaining mum on Hillary selling top secret information, it is just how they roll. Ya' think? |
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Posted: 1/14/2016 8:36:16 AM EST
[#15]
And so many think Cruz is not an establishment candidate. Do you know who else carries Goldman Sach's water? BHO. The establishment isn't the RNC, it's Wall Street.
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Posted: 1/14/2016 8:36:18 AM EST
[#16]
Quote HistoryQuoted:
Imagine what the same posters would have to say if it was another candidate who hid those loans and disregarded the campaign reporting requirements. The long knives would be drawn and a stream blood and entrails would be flowing here on GD. Instead, since it's Cruz; it's " I don't care". Especially those who challenged others to between prove any connection at all to Cruz and Heidi Cruz's position as an important Managing Director (not a mere vice president) at Goldman Sachs. Now a connection has been proven and it's " no big deal" and "I don't care". Money talks and bullshit walks. Quote HistoryQuoted:
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Not a big deal except he did not get out front. Makes him look like he was hiding it. Goldman Sachs? I'd want to hide that, too. Imagine what the same posters would have to say if it was another candidate who hid those loans and disregarded the campaign reporting requirements. The long knives would be drawn and a stream blood and entrails would be flowing here on GD. Instead, since it's Cruz; it's " I don't care". Especially those who challenged others to between prove any connection at all to Cruz and Heidi Cruz's position as an important Managing Director (not a mere vice president) at Goldman Sachs. Now a connection has been proven and it's " no big deal" and "I don't care". Money talks and bullshit walks. Guess you missed all the knives in this thread?? 
Just keep pushing your populist big gov candidate. |
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Posted: 1/14/2016 8:37:22 AM EST
[#17]
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Yeah, just a bit. Quote HistoryQuoted:
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Meh. Doesn't sound like much of anything particularly shady to me. He got a couple loans at the prevailing rates for the time. May have failed to to follow strict protocol on the reporting of those loans but certainly wasn't keeping them a secret as they were disclosed else where. This sounds like a witch hunt to me but I'll withhold judgement till Cruz addresses it. We'll see. Yep Awfully coincidental that it came out right before a debate where the moderators can throw red meat into the circus Yeah, just a bit. Yeah,it's not information that's important, it's when it's revealed that counts.
Right out of the Hillary Clinton "I'm a victim of a right wing conspiracy" playbook. I'm sure everyone here hopes that no negative facts come to light about Hillary right before the election. Because that wouldn't be "fair" and besides; it's not about the facts themselves; it's about the timing of their release.
Amirite ? |
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Posted: 1/14/2016 8:38:57 AM EST
[#18]
Donald Trump has gamed the loan system for 40 years and Hillary just takes bribes so this is small potatoes,nothing to see
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Posted: 1/14/2016 8:38:59 AM EST
[#19]
Quote HistoryQuoted: Iowa hasn't even happened yet. It will be a non issue in about month. The truth is most voters probably don't care. It's already a non-issue. It will be a dead story by the time the Sunday round table shows are done. |
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Posted: 1/14/2016 8:40:14 AM EST
[#20]
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And so many think Cruz is not an establishment candidate. Do you know who else carries Goldman Sach's water? BHO. Goldman Sachs owns most of Washington regardless of which political party they represent. They do not own Trump. How important is that? You decide. |
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Posted: 1/14/2016 8:40:31 AM EST
[#21]
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Who cares? It was a loan with an average interest rate that has been paid down. I care and so will the FEC. He was still required to report it and did not. |
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Posted: 1/14/2016 8:41:43 AM EST
[#22]
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Let me tell you what years in politics has taught me. They're ALL bought and paid for like cheaps suits; ALL of them. It's an unfortunate result of the manner in which successful campaigns need to be run these days, and the huge costs incurred funding them. The Clinton's, Rubio, .........all the rest of them are bought and paid for via campaign donations. Except for Trump. Does that make him the superior candidate to elect to the presidency on that one single issue? I don't know; but Donald is the one and only financiallyn independent candidate who has run for President since, well.......forever. Cruz should have properly disclosed thatb loan from Goldman Sachs and then it really wouldn't have become much of an issue. But instead; he chose to try to hide it. Now it is. Quote HistoryQuoted:
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In after the snarky Cruz apologists, especially those intellectually dishonest hucksters that brayed like jackasses to the effect that Heidi Cruz's position as an important Managing Director at Goldman Sachs and one of the most powerful people on Wall Street was of no consequence to the Cruz campaign. Cruz has been bought and paid for like a cheap suit.
Well that's a bit harsh.
Bear in mind that the choice is really between Cruz and Trump for any hope of righting the ship. I'm not interested in throwing the baby out with the bathwater quite yet. 
Let me tell you what years in politics has taught me. They're ALL bought and paid for like cheaps suits; ALL of them. It's an unfortunate result of the manner in which successful campaigns need to be run these days, and the huge costs incurred funding them. The Clinton's, Rubio, .........all the rest of them are bought and paid for via campaign donations. Except for Trump. Does that make him the superior candidate to elect to the presidency on that one single issue? I don't know; but Donald is the one and only financiallyn independent candidate who has run for President since, well.......forever. Cruz should have properly disclosed thatb loan from Goldman Sachs and then it really wouldn't have become much of an issue. But instead; he chose to try to hide it. Now it is. it cannot be stressed enough how vitally important this is. if we have any hope of turning things around it has to be with a leader that's looking out for the best interests of the country, hot his/her backers. |
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Posted: 1/14/2016 8:41:59 AM EST
[#23]
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Who cares? It was a loan with an average interest rate that has been paid down. From what I understand, this. Nothing illegal, nothing tawdry, a frigging loan. He didn't mention it because it didn't fit into his dramatic narrative of he and his family scraping and sacrificing all their savings to battle against big money. CNN and the rest of the MSM are trying to turn it into some kind of huge financial scandal, "It's GOLDMAN SACHS!!!  "
CNN interviewed someone in either Trump's or Bush's campaign staff and they said this was a stupid issue and the media was trying to stir shit up. And I don't even like Cruz. |
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Posted: 1/14/2016 8:42:39 AM EST
[#24]
.....meanwhile Hillary lied....people died.
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Posted: 1/14/2016 8:42:42 AM EST
[#25]
Ted Cruz takes out a loan- Trump bots go insane and call him a slime ball.
Donald Trump gives monetary support to Chuck Schumer and countless other real slime ball democrats- crickets. Who's the slime ball again? Herp derp. |
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Posted: 1/14/2016 8:44:32 AM EST
[#26]
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Goldman Sachs (the El Chapo of banks) will give any Senate candidate an unsecured $750k loan, right? That's not clear. However, it seems clear that the bank will make loans to candidates who are married to important bank employees. If that candidate presents himself as an outsider, that's an added benefit. |
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Posted: 1/14/2016 8:45:30 AM EST
[#27]
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Ted Cruz takes out a loan- Trump bots go insane and call him a slime ball. Donald Trump gives monetary support to Chuck Schumer and countless other real slime ball democrats- crickets. Who's the slime ball again? Herp derp. Hillary Clinton. |
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Posted: 1/14/2016 8:48:50 AM EST
[#28]
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"Sweetheart, I’d like us to liquidate our entire net worth, liquid net worth, and put it into the campaign,” he says he told his wife, Heidi, who readily agreed. But the couple’s decision to pump more than $1 million into Mr. Cruz’s successful Tea Party-darling Senate bid in Texas was made easier by a large loan from Goldman Sachs, where Mrs. Cruz works. That loan was not disclosed in campaign finance reports. http://www.nytimes.com/2016/01/14/us/politics/ted-cruz-wall-street-loan-senate-bid-2012.html?_r=0 The only thing people will see from this article is "Goldman Sachs" and they will start running around with their hair on fire without getting anymore facts. |
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Posted: 1/14/2016 8:49:00 AM EST
[#29]
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Could he have used campaign donations to pay the loan down if the loan was specified for the campaign? That would make sense to me as the reason to get the loan was for quick exposure at a critical time. If Goldman Sachs gave him the loan and then funneled money to his campaign it would be an issue to me. Quote HistoryQuoted:
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Uh oh!!  Indeed.....The Goldman-Sachs "kiss of death". If true to me it's not so much that he got a low-interest million dollar loan from Goldman-Sachs or even that he did not report it. It's the "we spent everything we had" aspect to fool the rubes that gives me pause.
It makes you wonder what Robert Mercer and his ilk that are funding his PACs expect as a return on their money. 
Could he have used campaign donations to pay the loan down if the loan was specified for the campaign? That would make sense to me as the reason to get the loan was for quick exposure at a critical time. If Goldman Sachs gave him the loan and then funneled money to his campaign it would be an issue to me. That does make sense.....but not how it's gonna be spun....is being spun.... |
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Posted: 1/14/2016 8:52:05 AM EST
[#30]
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OMG, Ted Cruz applied for a loan and got one? SCANDALOUS! Didn't read the article or pretending to be obtuse? It's not about applying for, and receiving loans at all. It's about hiding those loans as well as their sources from the voters and more importantly; the Federal Election Committe to which thise sorts of loans must be reported as matters of law.
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Posted: 1/14/2016 8:53:29 AM EST
[#31]
The more I learn about Cruz and his wife the less I like him. His shadiness combined with the increasing animosity between him and Trump leads me to believe he's not going to be Trump's VP.
I wonder who Trump's going to choose now. My gut says another businessman, maybe Carl Icahn? He talks about him constantly in his stump speeches. |
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Posted: 1/14/2016 8:53:31 AM EST
[#32]
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Ted Cruz takes out a loan- Trump bots go insane and call him a slime ball. Donald Trump gives monetary support to Chuck Schumer and countless other real slime ball democrats- crickets. Who's the slime ball again? Herp derp. Slime ball? Who was hiding shit? |
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Posted: 1/14/2016 8:55:29 AM EST
[#33]
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Donald Trump has gamed the loan system for 40 years and Hillary just takes bribes so this is small potatoes,nothing to see Yeah, I was going to point out how 'the Donald' has gamed the system as well. Not that it's wrong, actually makes him a good businessman but could be construed as gaming the system. This just in, Ted Cruz got a 0% car loan....OMFG, burn him he's corrupted. Really guys, the Trumpettes are turning Donald into the next Ron Paul. |
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Posted: 1/14/2016 8:56:56 AM EST
[#34]
What's wrong with getting a loan? It's not like GS donated a million dollars that wasn't reported. It's just a loan.
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Posted: 1/14/2016 8:57:36 AM EST
[#35]
Quote HistoryQuoted: Secured by his wife's company (oh, wait...she's a higher level employee of that company) stock, and personal assets. I'm guessing that the facts don't matter much when you're trying to sling as much mud as you can. Quote HistoryQuoted: Quoted: Quoted: Quoted: So the guy got a loan to help pay for his campaign a few years ago, and then promptly paid it off. What's the big deal? This is making the national news?? Yeah, I guess it really doesn't matter that Cruz took an unsecured loan from El Chapo bank, the sleaziest bank in the USA. And then Cruz conveniently forgot to report it. And Cruz also forgot about the loan when he was bragging about using his own assets for the campaign, too. Goldman Sachs (the El Chapo of banks) will give any Senate candidate an unsecured $750k loan, right? They don't expect anything in return. It was a secured loan unless I missed something. Secured by his wife's company (oh, wait...she's a higher level employee of that company) stock, and personal assets. I'm guessing that the facts don't matter much when you're trying to sling as much mud as you can. What "fact" makes you their loan was secured by Goldman Sacks stock? According to the article, one loan was a "line of credit", which usually means unsecured. |
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Posted: 1/14/2016 8:57:37 AM EST
[#36]
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I knew he was a slimeball. He looks like a weasel. No, but he does look like LBJ. |
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Posted: 1/14/2016 8:58:24 AM EST
[#37]
He got a loan... what is shady about that?
I'd think it was shady if he got a huge donation and didn't report it, but a loan? Nope. As long as he's paying or paid it back. |
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Posted: 1/14/2016 8:58:35 AM EST
[#38]
Quote HistoryQuoted:
"oh well....." |
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Posted: 1/14/2016 9:00:24 AM EST
[#39]
Quote HistoryQuoted:
Ted Cruz takes out a loan- Trump bots go insane and call him a slime ball. Donald Trump gives monetary support to Chuck Schumer and countless other real slime ball democrats- crickets. Who's the slime ball again? Herp derp. It's obvious really. The "slime ball", to use your own words, is the candidate who hid his loan, as well as his financial association with the lenders, from the voters, and didn't report them as required by law. Not the guy who followed the law and adhered to the legal reporting requirements regarding his political donations. I'm sure you'd have given Donald Trump a similar pass had he done the same as Cruz in this matter. 
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Posted: 1/14/2016 9:05:45 AM EST
[#40]
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He got a loan... what is shady about that? I'd think it was shady if he got a huge donation and didn't report it, but a loan? Nope. As long as he's paying or paid it back. Getting the loan is not in itself shady. Hiding (failing to report) the loan appears shady. Especially when it's from Goldman Sachs. And, also, when the source of the funds was misrepresented by the candidate to the voters. Cruz needs to get ahead of this issue RFN, and not ignore it. |
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Posted: 1/14/2016 9:07:24 AM EST
[#41]
He reported the loans multiple times.
It is laughable to think he has done anything wrong here. 
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Posted: 1/14/2016 9:07:51 AM EST
[#42]
Quote HistoryQuoted:
Getting the loan is not in itself shady. Hiding (failing to report) the loan appears shady. Especially when it's from Goldman Sachs. And, also, when the source of them funds is misrepresented by the candidate to the voters. Cruz needs to get ahead of this issue RFN, and not ignore it. Quote HistoryQuoted:
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He got a loan... what is shady about that? I'd think it was shady if he got a huge donation and didn't report it, but a loan? Nope. As long as he's paying or paid it back. Getting the loan is not in itself shady. Hiding (failing to report) the loan appears shady. Especially when it's from Goldman Sachs. And, also, when the source of them funds is misrepresented by the candidate to the voters. Cruz needs to get ahead of this issue RFN, and not ignore it. Do you have to report loans? It's not income, it's not a campaign contribution. And from what I've been hearing on this thread, he did report it, and it was four years ago. |
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Posted: 1/14/2016 9:08:31 AM EST
[#43]
Quote HistoryQuoted:
Getting the loan is not in itself shady. Hiding (failing to report) the loan appears shady. Especially when it's from Goldman Sachs. And, also, when the source of the funds was misrepresented by the candidate to the voters. Cruz needs to get ahead of this issue RFN, and not ignore it. Quote HistoryQuoted:
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He got a loan... what is shady about that? I'd think it was shady if he got a huge donation and didn't report it, but a loan? Nope. As long as he's paying or paid it back. Getting the loan is not in itself shady. Hiding (failing to report) the loan appears shady. Especially when it's from Goldman Sachs. And, also, when the source of the funds was misrepresented by the candidate to the voters. Cruz needs to get ahead of this issue RFN, and not ignore it. Ha already had them out in the open for anyone to see. He didn't try to hide anything. He has done nothing illegal. |
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Posted: 1/14/2016 9:09:52 AM EST
[#44]
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He got a loan... what is shady about that? I'd think it was shady if he got a huge donation and didn't report it, but a loan? Nope. As long as he's paying or paid it back. And "you'd think" wrong; shady as hell and in violation of the legal reporting requirements. “The law says if you get a loan for the purpose of funding a campaign, you have to show the original source of the loan, the terms of the loan and you even have to provide a copy of the loan document to the Federal Election Commission.” |
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Posted: 1/14/2016 9:10:22 AM EST
[#45]
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I knew he was a slimeball. He looks like a weasel. Congrats, the NY Times reeled another one in. |
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Posted: 1/14/2016 9:11:47 AM EST
[#46]
So Obama and Clinton supporters are going to lecture us on ethics now?
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Posted: 1/14/2016 9:12:22 AM EST
[#47]
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MSN will go into full attack mode on this while remaining mum on Hillary selling top secret information, it is just how they roll. This... this... and this!!! |
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Posted: 1/14/2016 9:14:07 AM EST
[#48]
Bye bye Cruz
The Trump haters better vote for Trump now |
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Posted: 1/14/2016 9:15:47 AM EST
[#49]
Looks like he had filled out all but one form identifying the source of the loan.
It is like buying a car if you pay cash. Forms for the IRS has to be filled out on where the money come from. The press was trying to make it look like GS had given Cruz a direct loan rather than from there own family account. |
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Posted: 1/14/2016 9:18:13 AM EST
[#50]
Quote HistoryQuoted: Rand 2016 He wants the Big Boy seat |
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