Republican Candidate Poll

[walrus]

As Ted Cruz tells it, the story of how he financed his upstart campaign for the United States Senate four years ago is an endearing example of loyalty and shared sacrifice between a married couple.
“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.


Those reports show that in the critical weeks before the May 2012 Republican primary, Mr. Cruz — currently a leading contender for his party’s presidential nomination — put “personal funds” totaling $960,000 into his Senate campaign. Two months later, shortly before a scheduled runoff election, he added more, bringing the total to $1.2 million — “which is all we had saved,” as Mr. Cruz described it in an interview with The New York Times several years ago.


A review of personal financial disclosures that Mr. Cruz filed later with the Senate does not find a liquidation of assets that would have accounted for all the money he spent on his campaign. What it does show, however, is that in the first half of 2012, Ted and Heidi Cruz obtained the low-interest loan from Goldman Sachs, as well as another one from Citibank. The loans totaled as much as $750,000 and eventually increased to a maximum of $1 million before being paid down later that year. There is no explanation of their purpose.
Neither loan appears in reports the Ted Cruz for Senate Committee filed with the Federal Election Commission, in which candidates are required to disclose the source of money they borrow to finance their campaigns. Other campaigns have been investigated and fined for failing to make such disclosures, which are intended to inform voters and prevent candidates from receiving special treatment from lenders. There is no evidence that the Cruzes got a break on their loans.
A spokeswoman for Mr. Cruz’s presidential campaign, Catherine Frazier, acknowledged that the loan from Goldman Sachs, drawn against the value of the Cruzes’ brokerage account, was a source of money for the Senate race. Ms. Frazier added that Mr. Cruz also sold stocks and liquidated savings, but she did not address whether the Citibank loan was used.
The failure to report the Goldman Sachs loan, for as much as $500,000, was “inadvertent,” she said, adding that the campaign would file corrected reports as necessary. Ms. Frazier said there had been no attempt to hide anything..............


http://www.nytimes.com/2016/01/14/us...=top-news&_r=0

This is unfortunately small potatoes compared to the financial shit these assholes pull lately, and forever.

Not with the orange supremacist though. He's got his own money. He's going to give all the lads at Goldman Sachs a nice big tax bill too. That doesn't appeal to you?

If he took a low interest loan on his own money, declared it on one statement but not the other, I don't see a major issue. Its not like the Clinton charitable fund.

[Kirkland Laing]

As Ted Cruz tells it, the story of how he financed his upstart campaign for the United States Senate four years ago is an endearing example of loyalty and shared sacrifice between a married couple.
“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.


Those reports show that in the critical weeks before the May 2012 Republican primary, Mr. Cruz — currently a leading contender for his party’s presidential nomination — put “personal funds” totaling $960,000 into his Senate campaign. Two months later, shortly before a scheduled runoff election, he added more, bringing the total to $1.2 million — “which is all we had saved,” as Mr. Cruz described it in an interview with The New York Times several years ago.


A review of personal financial disclosures that Mr. Cruz filed later with the Senate does not find a liquidation of assets that would have accounted for all the money he spent on his campaign. What it does show, however, is that in the first half of 2012, Ted and Heidi Cruz obtained the low-interest loan from Goldman Sachs, as well as another one from Citibank. The loans totaled as much as $750,000 and eventually increased to a maximum of $1 million before being paid down later that year. There is no explanation of their purpose.
Neither loan appears in reports the Ted Cruz for Senate Committee filed with the Federal Election Commission, in which candidates are required to disclose the source of money they borrow to finance their campaigns. Other campaigns have been investigated and fined for failing to make such disclosures, which are intended to inform voters and prevent candidates from receiving special treatment from lenders. There is no evidence that the Cruzes got a break on their loans.
A spokeswoman for Mr. Cruz’s presidential campaign, Catherine Frazier, acknowledged that the loan from Goldman Sachs, drawn against the value of the Cruzes’ brokerage account, was a source of money for the Senate race. Ms. Frazier added that Mr. Cruz also sold stocks and liquidated savings, but she did not address whether the Citibank loan was used.
The failure to report the Goldman Sachs loan, for as much as $500,000, was “inadvertent,” she said, adding that the campaign would file corrected reports as necessary. Ms. Frazier said there had been no attempt to hide anything..............


http://www.nytimes.com/2016/01/14/us...=top-news&_r=0

This is unfortunately small potatoes compared to the financial shit these assholes pull lately, and forever.

Not with the orange supremacist though. He's got his own money. He's going to give all the lads at Goldman Sachs a nice big tax bill too. That doesn't appeal to you?

If he took a low interest loan on his own money, declared it on one statement but not the other, I don't see a major issue. Its not like the Clinton charitable fund.

So telling voters you sold all your assets to fund your campaign when in fact you got the money loaned from a firm with a reputation for buying politicians isn't hypocritical then? It's definitely a lie.

And people running for dogcatcher manage to fill in their financial declaration forms correctly. How the hell can you forget about a one million dollar loan? Cruz is just another bullshitting politician. And he's Canadian.

[walrus]

Agreed his a bullshitting politician but they did finance, albiet favorable, their own money. NYT runs this hit pieced but fluffs every Clinton piece. Makes me wonder. There is no doubt that Cruz is american. If I were born outside the us by a legal citizen, I am american. John mcain was born in panama, did we hear this shit then.

[Kirkland Laing]

Agreed his a bullshitting politician but they did finance, albiet favorable, their own money. NYT runs this hit pieced but fluffs every Clinton piece. Makes me wonder. There is no doubt that Cruz is american. If I were born outside the us by a legal citizen, I am american. John mcain was born in panama, did we hear this shit then.

The NYT have published several articles just recently that were completely inaccurate hit pieces on Hillary Clinton including one that said she was now the target of a criminal investigation by the FBI. This made headlines all over America for a couple of days and then was quietly retracted. The article about Cruz being given millions in loans and then lying about it and not publicly declaring the loans is entirely accurate though.

McCain was born on a US military base which is American territory. Lawrence Tribe, emeritus professor of constitutional law at harvard says Cruz may very well not be an American citizen. Tribe is the top law expert in the country and taught constitutional law to a bunch of prominent Americans including the current US Supreme Court Chief Justice, Barack Obama and Ted Cruz.

I have to say that if you'd told me ten years ago that America would soon elect a Kenyan president and follow it by electing a Canadian president I wouldn't have believed you. But now there's a good chance that a Mexican-Canadian could be elected US president in November.

[Kirkland Laing]

Interesting reading. The guy who runs this site exactly predicted state by state the results of the last two prsidential elections.

Donald Trump Is Really Unpopular With General Election Voters

By Nate Silver


Donald Trump Is Really Unpopular With General Election Voters | FiveThirtyEight




Beware A GOP Calendar Front-Loaded With States Friendly To Trump And Cruz | FiveThirtyEight




Silver a couple of weeks ago was giving Trump a 2% chance of winning the nomination.

[walrus]

Agreed his a bullshitting politician but they did finance, albiet favorable, their own money. NYT runs this hit pieced but fluffs every Clinton piece. Makes me wonder. There is no doubt that Cruz is american. If I were born outside the us by a legal citizen, I am american. John mcain was born in panama, did we hear this shit then.

The NYT have published several articles just recently that were completely inaccurate hit pieces on Hillary Clinton including one that said she was now the target of a criminal investigation by the FBI. This made headlines all over America for a couple of days and then was quietly retracted. The article about Cruz being given millions in loans and then lying about it and not publicly declaring the loans is entirely accurate though.

McCain was born on a US military base which is American territory. Lawrence Tribe, emeritus professor of constitutional law at harvard says Cruz may very well not be an American citizen. Tribe is the top law expert in the country and taught constitutional law to a bunch of prominent Americans including the current US Supreme Court Chief Justice, Barack Obama and Ted Cruz.

I have to say that if you'd told me ten years ago that America would soon elect a Kenyan president and follow it by electing a Canadian president I wouldn't have believed you. But now there's a good chance that a Mexican-Canadian could be elected US president in November.

Statuary law says he is an american, no doubt

[walrus]

Kirk, I don't know if you know this but Goldwater, who ran for president was born in Arizona when it was a territory, not a state. McCain may have been born in coco solo or a nearby hospital. The constitution states Natural Born Citizen but does not define. There is a letter betwixt Washington and Jay regarding the issue. Basically, we care getting into constitutional interpretation. Currently, if you are born overseas to us parents you are an american citizen. Could it be brought to the supreme court and fought, yes, but it hasn't, although it was threatened during both Goldwater, McCain and at least one other. Birthrite citizenship of the us could also be argued but at the time being is a accepted

I'm curious kirk, you say Cruz is not an american. Fact being, he is and until the supreme court rules otherwise, he will remain so.

[Beanz]

So being endorsed by Palin is supposedly a good thing ? Did they find Trump and Sarah backstage at the Jerry Springer Show ? It would be quite funny if not so serious. We have a cliched fox hunting Eton honed toffee nosed snob running the show here, and it looks like you may give the keys to your asylum to another equally caricatured inmate who surely represents very few average citizens. Good luck with that.

[Kirkland Laing]

Kirk, I don't know if you know this but Goldwater, who ran for president was born in Arizona when it was a territory, not a state. McCain may have been born in coco solo or a nearby hospital. The constitution states Natural Born Citizen but does not define. There is a letter betwixt Washington and Jay regarding the issue. Basically, we care getting into constitutional interpretation. Currently, if you are born overseas to us parents you are an american citizen. Could it be brought to the supreme court and fought, yes, but it hasn't, although it was threatened during both Goldwater, McCain and at least one other. Birthrite citizenship of the us could also be argued but at the time being is a accepted

I'm curious kirk, you say Cruz is not an american. Fact being, he is and until the supreme court rules otherwise, he will remain so.

I'm going to go with the considered opinion of the Harvard Emeritus Professor of Constitutional Law. A Mexican-Canadian may be the next President.