Why Senator Cruz' Undisclosed Goldman Loan Is A Real Problem
The recent revelation that Republican hopeful Ted Cruz failed to disclose a 2012 $1 million loan from the Wall Street investment bank, Goldman Sachs, raises legitimate legal concerns, and could spell trouble for the presidential hopeful. As Mediaite.com's Rachel Stockman reports (via LawNewz.com),
The New York Times first reported that campaign disclosure reports show that before a scheduled run-off in the May 2012 senatorial election, Cruz received a low-interest loan from his wife’s bank, which his campaign committee never reported to the Federal Election Commission.
The Cruz camp is brushing this all off as a BIG oversight. Cruz promised to immediately amend the filing if there were any problems. The Texas Senator said that he and his wife put their liquid net worth into the campaign and the loans in question were “disclosed over and over and over again.”
That’s great but here’s the problem: what he did could still be a violation of federal law.
Here is what Cruz told CNN last night:
“The fact that the information was out there somewhere doesn’t negate the fact that it wasn’t disclosed on the candidate’s campaign disclosure… that’s a violation of federal law,” Paul Ryan with The Campaign Legal Center told LawNewz.com. The group is a nonpartisan, and goes after Republicans and Democrats alike for campaign finance violations.
To be clear, here’s the federal law that Cruz may have violated:
52 USC 30104 (b)(2) (6) requires the committee of a federal candidate to disclose on a report filed “loans made by or guaranteed by the candidate” and 52 USC 30104(b)(4)(d) requires the reporting of “repayment of loans made by or guaranteed by the candidate”
So the question is, what can happen next? Clearly someone will have to file an official complaint (I have no doubt that will happen). If they do, the FEC could impose fines.
The real problem for Cruz is if evidence somehow emerges that this was ‘knowing and willful.’ If that could be demonstrated, then Cruz could potentially be prosecuted criminally by the U.S. Department of Justice, according to campaign finance experts. Cruz insists that it’s not.
“The bottom line – any money that is obtained or received to fund a campaign needs to be reported,” Ryan said.
As Martin Armstrong concludes,
The dishonesty here is that Cruz has pretended to stand against the bankers. “Like many other players on Wall Street and big business, they seek out and get special favors from government,” Cruz told the New York Times previously. How dishonest is this statement and then forgetting to report a loan from Goldman Sachs? His wife Heidi, is a managing director at Goldman Sachs and has taken a temporary “leave”during his presidential campaign.
I am sorry. But Cruz is bought and paid for and would be in the pocket of the New York Banks no different than Hillary, Bush, or the rest of them who take money from this crowd. You do not forget to report a loan from Goldman Sachs when your wife is a managing director. Come on. How stupid do we have to be to entertain this excuse?
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Gets Goldman loan...... Skips Audit FED vote. Go figure.
Just those of those amazing coincidences (/sarc)
His mom is Merikan, he is eligible.
He got a loan from a bank - he pledged assets. He did not report on one form...
Pay attention to the issues and not the tangents.
I will write in a candidate - another election with "None of the Above" being the only choice.
Sorry Charlie,,, Machines can't read so your machine ballot will be discarded.
I would suggest voting for anyone but Trump if you want to be on the "winning" team, otherwise Diebold will flip votes that direction.
Ted Cruz and the rest = part of the problem
"When we ran for the Senate"???? Little slip up there. Asshole!
Turn from the money.
Enhance life, instead!
maggot
Typical ex-pat Cuban fascist. Meet the new mob same as the old mob.
Here is what the Still Report had to say about it.
"Oh my god sweetheart! We forgot to disclose that million dollar "loan" from Lloyd..."
http://youtu.be/35kju4T1I1I
the same department of Justice that has not indicted Miss Clinton? You know they will go after Cruz... It's not like he is a protected element.. not yet at least.
WHAT, whether they "go after" Clinton or not, should NOT be the issue with Cruz, you politicized idiot.
Fucking morons who put politics ahead of justice. Sure they should get Clinton, but what does that have to do with Cruz??????????
Clinton works for the same Zionist filth that motivates/bribes Cruz, Taking one down, is better than none.
NEWS FLASH: there is NO DIFFERENCE substantively between republicans and democrats, they both work for the same oligarchs, and against the American people. Cruz is a manipulator of the first order. Buying into the media contrived separation of "left and right" just gives them all a free pass. Well they did not go after the democrat so if "OUR GUY" dos it, he should get away with it. Fucking child.
Try putting America first and your fucking politics second.
go easy on the caffeine dipshit. he is simply stating the obvious two-faced hypocritical apperaance of a DOJ that doesnt prosecute based on anything but politics
Fuck off, the fact that the DOJ, EVEN BUSH'S DOJ does not prosecute equally is NOTHING NEW, and it is not the issue, CRUZ IS. And simpletons like you distract from the treason of creatures like Cruz.
You want to write an article about the hypocrisy of the DOJ, go the fuck ahead, but it is not at all relevant to Cruz's corruption, at all.
Wake the fuck up....and it is NOT caffeine moron that energies me, is the destruction of our nation by easily manipulated simpletons like you.
The blackmailers' ideal candidate is someone who will work for bones while you take the meat.
The blackmailers' bad candidate is someone who wants the meat, and has their bluff pulled.
The blackmailers' nightmare candidate is someone who doesn't give a shit about how they look, and blackmails back.
An exagerated hit piece.
Not necessarily.
And you've never filled out the wrong form for anything, right?
Are you really so stupid or so committed to some ideology to buy that bullshit excuse? At very least it's nepotism. At worst he bought and paid for.
Facts?
My feet are held to the fire every fucking day of my life. 900 new fucking laws a day, most we know nothing of but ignorance of the law is no excuse we are told.
You are who you associate with. Cruz is definietly in GS's back pocket.
Being married to anybody who was or who had ever been an employee of Goldman Sachs ought to have been what disqualified him for the presidency, never mind the "natural born citizen" crap.
His ties to Goldman have always been my trouble spot with him.
There is also the small matter of him thinking that if you are not a patriot of Israel you are not an American patriot...
Really? A foreign country Mr Cruz?
If China gives you campaign contributions will you next come out and say you have to be a patriot of a communist country to be an American patriot?
Cruz is an embarrassment.
By the way..
When the founding fathers required natural born citizen they meant you did not work on the behalf of foreign powers.
Let us see if team Goldman stands behind their dispensationalist Goyim brethren and comes out with a supportive statement, or leaves him twisting in the usurious breeze.
'There never was a good knife made of bad steel.' - Ben Franklin
Constitution doesn't matter,,, Law doesn't matter,,, only precedent matters and Barry being elected twice IS the precedent.
Arnold would be a better vote as at least he wouldn't be bullshitting about his citizen status and Google plus all the others wouldn't have to delete all previous references and enter a new definition, like they did for Barry. Yes there were others but with complete control of the media and no internet very few knew until years later. Just shows the lying assholes have been rigging elections since the very first.
Old School natural born citizen== Offspring from parents born that were themselves born in the country or a US Military Base, Embassy, etc. Not one parent and not a naturalized parent, but we live in the new and improved world where limitations like those,,, and constitutions,,, are so passe. We're exceptional!
If the USA had real laws, there would be guillotines set up on the trading floor of Goldman and the management would lose their heads. Followed by the traders and margin clerks.
GS = Temple of evil.
Wow. Didn't take long for the Dems and Trumpers to come out.
Ted DID disclose the loan. Here's the update that the poster didn't disclose
http://www.mediaite.com/tv/cruz-addresses-nyt-report-that-he-didnt-discl...
Further, Ted Cruz Co-Sponsored the Audit the Fed Bill that Rand Paul Sponsored.
https://www.govtrack.us/congress/bills/114/s2232
Yes, he disclosed the loans from GS and Shitibank as personal obligations, but he should have filed with the FEC that HE (NOT GOLDMAN SACHS) then loaned his campaign X hundred thousand dollars. Did his campaign disclose that the candidate had loaned X hundred thousand dollars to his campaign?
Man are some people stupid...he "co-sponsored" a bill he knew would not pass.
Honestly, some of you people need to wake the fuck up. The US government is corrupt to its core, and Cruz is as bad as the rest.
Now if the Bill passed THEN you would have something, but it failed, everyone knew it would. The Senate is a joke, they know very well what will pass and what will not long before they vote for it....
Do you still believe in Santa and the Easter Bunny too?????
Definitely a hit peice. Someone is scare of Cruz and is trying to make it look like he did about 1% of what hillary has done wrong.
Two Goldman loans don't make a right. I'm actually more troubled by his wife being a CFR member. Is Cruz a CFR member? Has he spoken and lectured or attended lectures and seminars there?
They all are CFR Rockefellers. Bushes, Clintons, Newt and Cruz. Obola is a Red Sheild puppet.
Adelson owned Romney and Newt was a there to block and stop Santorum. Santorum was destroying Romney but they engaged in vote theft in the Midwest to sink Santorum.
LOL, why is it so hard to hold anyone accountable?
Its like we are dealing with children: Just because Hillary did it does not mean Teddy can do it too...
Too many Americans have bought into the zionist media contrived narrative, and forget to put America first, not party.
Pollard and the Poisonous “Ally” Israel
Daily Beast:
I see Cruz's starry eyed fans don't seem to want to touch this story...
Cruz is a Zionist traitor of the first order, right their with John McShame and Lindsey Graham, and Clinton too if she ever makes it into office.
The zionist back many horses, they like it best when they have a horses in both stables, insures a win.
the company you keep...
Goldman Sachs, as far as I know, doesn't have retail operations.
How often does Goldman Sachs give loans, especially small potatoes loans like this for $1 MM? I would guess almost never.
Ted in the debate was real smooth and tried to call this a paperwork error.
...
Wrong. GS has a large money management business. It is "retail" however the minimum is probably $1MM or so.
I'm no Cruz fan, but this will be swept under the rug. You think the Democrats want to really dig into Goldmans' tentacles? Like they don't reach to them, too...
Ten red bottles hanging on the wall,
Ten red bottles hanging on the wall,
And if one red bottle should accidentally fall,
There'll be Rubio waiting to take over them all.
They're ALL pre-paid candidates for the presidency. No clean hands here in the same circus, but different clowns. Ignore the circus and focus on the local congress-person who will be representing YOU. In the primary, I'm voting for the least-financed candidate (party doesn't matter), and that's not the incumbent. Rinse and repeat two years later.
Ted Cruz is a piece of shit...He is a liar and a slave to Israel.
Here is a clip where Cruz is claiming (REAL HERO) Chuck Hagel is accepting money from North Korea and Iran. https://www.youtube.com/watch?v=qVz5naS0F0E
Of course Zionists/Isreal did not like Hagel because he was not one of their slaves. You can also look at where the Zionists/Jews gave money to the Log Cabin Republicans, so they would come out against Hagel.
Cruz is food for idiots, if you buy his BS you are certifiable.
Now we find Cruz secrete money deal, wonder what that money paid for.
LOL, if you vote it down, have the balls to say why.
Cruz is a liar, traitor and a slave to Israel. You can YouTube clips of his slaving for Israel all day long.
But some wallow in ignorance, happier are they to focus on trash like Clinton ("They did not prosecute Clinton"). In reality, Clinton and Cruz work for the same zionists/israeli creatures (Adleson, Soros, Saban...) that rule Washington DC.
The media creates the illusion that these traitors are on different sides, but anyone with a brain knows they work together, against America's interests and for the Oligarchs.
Ah yes, almost forgot those EVIL JEWS run the world. Thanks for reminding me.
MORON
I gotta wonder about those who have to blame others for their personal failure. Nevertheless just might suffer that affliction.
Geez you would think this site would at least get it right. After hearing other dip shist misinform. He took money out of his margin account. He had at least a million in equity and pulled out a mill. You don't sign any new papers you request a check.
It's either the Hil, Bern,Trump or this guy.
Yeah, yeah, they are all the same or they are selected most will say. Doesn't matter most here will say. Come the fuck on, he or Bern...please.
Personaly I hoping for Trump with ted as his V.P. Doudt I'll vote because I live in a Lib Shithole so my vote really doesn't matter.
"In 1962 Nixon was touring the Chinatown section of Los Angeles as a gubernatorial candidate. Tuck arranged for Chinese-speaking residents of the area to greet him with signs that said 'Welcome Nixon' in English at the top, but at the bottom said "What about the Hughes Loan?" in Chinese characters. The Hughes loan referred to a highly suspect loan that the billionaire Howard Hughes had given to Nixon's brother Donald. Nixon, of course, didn't know what the signs said, so he waved happily at the sign-bearers while they all laughed back at him."
http://hoaxes.org/tuck.html
Cruz did his job of splitting the conservatarian vote and taking Rand off the stage. And now that he has, it's his turn to exit stage left.