Rafael Edwardo Cruz, loans, sleight of hand, credit, banks and not reporting it.

[rdean]

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

That loan was not disclosed in campaign finance reports.

Mr. Cruz, a conservative former Texas solicitor general, was campaigning as a populist firebrand who criticized Wall Street bailouts and the influence of big banks in Washington. It is a theme he has carried into his bid for the Republican nomination for president.

The other loan was a line of credit from Citibank. Even if the Citibank loan did not go directly into the Senate campaign, it could have freed up other assets for that purpose. While the Cruzes were well paid — he made more than $1 million a year as a law partner, and she earned a six-figure income as an executive in Goldman Sachs’s Houston office — they also had big bills, including mortgage payments and full-time child care.
Both loans had floating interest rates around 3 percent, according to Mr. Cruz’s Senate disclosures, which appear to be generally in line with rates available to wealthy borrowers at that time.

The federal guide to campaign finance reporting for congressional candidates makes it clear that if the original source of money for a candidate’s personal loan was a margin loan or a line of credit, it must be disclosed.

-----------------------------------

Of course, it just slipped his mind. He simply forgot. Perhaps it's a case of "New York Values" from an evangelical kind of guy.

Oops.

 

[Billy_Kinetta]

Perhaps it's a case of Democrats grasping fruitlessly.

 

[Dot Com]

well, well, well

 

[Admiral Rockwell Tory]

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

That loan was not disclosed in campaign finance reports.

Mr. Cruz, a conservative former Texas solicitor general, was campaigning as a populist firebrand who criticized Wall Street bailouts and the influence of big banks in Washington. It is a theme he has carried into his bid for the Republican nomination for president.

The other loan was a line of credit from Citibank. Even if the Citibank loan did not go directly into the Senate campaign, it could have freed up other assets for that purpose. While the Cruzes were well paid — he made more than $1 million a year as a law partner, and she earned a six-figure income as an executive in Goldman Sachs’s Houston office — they also had big bills, including mortgage payments and full-time child care.
Both loans had floating interest rates around 3 percent, according to Mr. Cruz’s Senate disclosures, which appear to be generally in line with rates available to wealthy borrowers at that time.

The federal guide to campaign finance reporting for congressional candidates makes it clear that if the original source of money for a candidate’s personal loan was a margin loan or a line of credit, it must be disclosed.

-----------------------------------

Of course, it just slipped his mind. He simply forgot. Perhaps it's a case of "New York Values" from an evangelical kind of guy.

Oops.

Didn't read your own linked article?

 

[CrusaderFrank]

That's almost like having Rezko buy your house for you!!

 

[Dot Com]

Why Rafael? WHY?!!!

 

[Eaglewings]

Cruz thinks he is above the Law....

 

[MisterBeale]

. . . . and you what? Didn't know he was a puppet of the establishment? Seriously?

His wife works for Goldmans.
http://www.nytimes.com/2013/10/24/u...als-but-a-study-in-contrasts-to-him.html?_r=0

He hired Victoria C. Gardner Coates, a former aide to ex-Defense Secretary Donald Rumsfeld (a primary architect of the disastrous Bush-era wars), as his national security advisor.

 

[Dot Com]

That's almost like having Rezko buy your house for you!!

Except that it isn't.

 

[rdean]

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

That loan was not disclosed in campaign finance reports.

Mr. Cruz, a conservative former Texas solicitor general, was campaigning as a populist firebrand who criticized Wall Street bailouts and the influence of big banks in Washington. It is a theme he has carried into his bid for the Republican nomination for president.

The other loan was a line of credit from Citibank. Even if the Citibank loan did not go directly into the Senate campaign, it could have freed up other assets for that purpose. While the Cruzes were well paid — he made more than $1 million a year as a law partner, and she earned a six-figure income as an executive in Goldman Sachs’s Houston office — they also had big bills, including mortgage payments and full-time child care.
Both loans had floating interest rates around 3 percent, according to Mr. Cruz’s Senate disclosures, which appear to be generally in line with rates available to wealthy borrowers at that time.

The federal guide to campaign finance reporting for congressional candidates makes it clear that if the original source of money for a candidate’s personal loan was a margin loan or a line of credit, it must be disclosed.

-----------------------------------

Of course, it just slipped his mind. He simply forgot. Perhaps it's a case of "New York Values" from an evangelical kind of guy.

Oops.

Didn't read your own linked article?

Perhaps I only read this part:

The federal guide to campaign finance reporting for congressional candidates makes it clear that if the original source of money for a candidate’s personal loan was a margin loan or a line of credit, it must be disclosed.

 

[rdean]

That's almost like having Rezko buy your house for you!!

Who did Rezko buy a house for? I know you have a link.

 

[CrusaderFrank]

That's almost like having Rezko buy your house for you!!

Who did Rezko buy a house for? I know you have a link.

Hint: first name was Barack

 

[Siete]

now now, be kind .. Raffie was busy doin' lawyerin' bidness ..

 

[Skylar]

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

That loan was not disclosed in campaign finance reports.

Mr. Cruz, a conservative former Texas solicitor general, was campaigning as a populist firebrand who criticized Wall Street bailouts and the influence of big banks in Washington. It is a theme he has carried into his bid for the Republican nomination for president.

The other loan was a line of credit from Citibank. Even if the Citibank loan did not go directly into the Senate campaign, it could have freed up other assets for that purpose. While the Cruzes were well paid — he made more than $1 million a year as a law partner, and she earned a six-figure income as an executive in Goldman Sachs’s Houston office — they also had big bills, including mortgage payments and full-time child care.
Both loans had floating interest rates around 3 percent, according to Mr. Cruz’s Senate disclosures, which appear to be generally in line with rates available to wealthy borrowers at that time.

The federal guide to campaign finance reporting for congressional candidates makes it clear that if the original source of money for a candidate’s personal loan was a margin loan or a line of credit, it must be disclosed.

-----------------------------------

Of course, it just slipped his mind. He simply forgot. Perhaps it's a case of "New York Values" from an evangelical kind of guy.

Oops.

The part I find most compelling is who gave him the loan.

If you want a president that favors hedge fund managers and wall street bankers, Cruz is your man.

 

[PoliticalChic]

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

That loan was not disclosed in campaign finance reports.

Mr. Cruz, a conservative former Texas solicitor general, was campaigning as a populist firebrand who criticized Wall Street bailouts and the influence of big banks in Washington. It is a theme he has carried into his bid for the Republican nomination for president.

The other loan was a line of credit from Citibank. Even if the Citibank loan did not go directly into the Senate campaign, it could have freed up other assets for that purpose. While the Cruzes were well paid — he made more than $1 million a year as a law partner, and she earned a six-figure income as an executive in Goldman Sachs’s Houston office — they also had big bills, including mortgage payments and full-time child care.
Both loans had floating interest rates around 3 percent, according to Mr. Cruz’s Senate disclosures, which appear to be generally in line with rates available to wealthy borrowers at that time.

The federal guide to campaign finance reporting for congressional candidates makes it clear that if the original source of money for a candidate’s personal loan was a margin loan or a line of credit, it must be disclosed.

-----------------------------------

Of course, it just slipped his mind. He simply forgot. Perhaps it's a case of "New York Values" from an evangelical kind of guy.

Oops.

I'll see that 'loan' and raise you contributions from Gaza....

1. Nearly $25k was contributed to Obama in 2007-2008 by Monir Edwan, listed on FEC documents as contributing from Rafah, Gaza. A refuge camp.
   1. “The Federal Election Campaign Act (FECA) prohibits any foreign national from contributing, donating or spending funds in connection with any federal, state, or local election in the United States, either directly or indirectly. It is also unlawful to help foreign nationals violate that ban or to solicit, receive or accept contributions or donations from them. Persons who knowingly and willfully engage in these activities may be subject to fines and/or imprisonment.” http://www.fec.gov/law/feca/feca.pdf

b. When a federal political committee (a committee active in federal elections) receives a contribution it believes may be from a foreign national, it must: Return the contribution to the donor without depositing it; or Deposit the contribution and take steps to determine its legality, as described below. Either action must be taken within 10 days of the treasurer's receipt. 11 CFR 103.3(b)(1). Foreign Nationals Brochure
2. According to the FEC, contributions to the Obama campaign from three brothers, Osama, Monir and Hosam Edwan, all from Rafah, totaled $33,000.[ii] And they weren’t alone. Al-Jazeera reported on March 31, 2008 that Gazans were manning phone banks for the Obama campaign.[iii] The brothers were vocal in their “love” for Obama – which in itself spoke volumes to Obama’s campaign. The media showed no interest, but Obama pricked up his ears. He smelled trouble; even though no reporters asked him about these contributions, he answered anyway. The Obama campaign contended in the summer of 2008 that they had returned $33,500 in illegal contributions from Palestinians in Hamas-controlled Gaza – despite the fact that records do not show that it was returned, and the brothers said they did not receive any money. And indeed, Obama’s refunds and redesignations on file with the FEC show no refund to Osama, Hossam, or Monir Edwan in the Rafah refugee camp. Photocopies of said documents at this site: FEC to Investigate 2008 Atlas EXCLUSIVE: Obama's Secret Campaign Cash: Millions from Foreign Sources - Atlas Shrugs
3. On Watchdog.net, a site that monitors campaign contributions, Monir Edwan is listed as Barack Obama’s Top Contributor, giving $24,313 between October 27, 2007 and November 11, 2007. However, although it gives zip codes and other details for the other four of Obama’s top five individual contributors, it provides no additional information at all for Monir Edwan — and Edwan’s link is the only dead one on the Watchdog page. Israel Matzav: Obama's illegal Gaza fundraiser

 

[Luddly Neddite]

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

That loan was not disclosed in campaign finance reports.

Mr. Cruz, a conservative former Texas solicitor general, was campaigning as a populist firebrand who criticized Wall Street bailouts and the influence of big banks in Washington. It is a theme he has carried into his bid for the Republican nomination for president.

The other loan was a line of credit from Citibank. Even if the Citibank loan did not go directly into the Senate campaign, it could have freed up other assets for that purpose. While the Cruzes were well paid — he made more than $1 million a year as a law partner, and she earned a six-figure income as an executive in Goldman Sachs’s Houston office — they also had big bills, including mortgage payments and full-time child care.
Both loans had floating interest rates around 3 percent, according to Mr. Cruz’s Senate disclosures, which appear to be generally in line with rates available to wealthy borrowers at that time.

The federal guide to campaign finance reporting for congressional candidates makes it clear that if the original source of money for a candidate’s personal loan was a margin loan or a line of credit, it must be disclosed.

-----------------------------------

Of course, it just slipped his mind. He simply forgot. Perhaps it's a case of "New York Values" from an evangelical kind of guy.

Oops.

Mrs Clown Candidate Cruz works for Goldman but no conflict of interest because he's a tee potty. RWNJs love them some lying slime.


Sent from my iPhone using Tapatalk

 

[Luddly Neddite]

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

That loan was not disclosed in campaign finance reports.

Mr. Cruz, a conservative former Texas solicitor general, was campaigning as a populist firebrand who criticized Wall Street bailouts and the influence of big banks in Washington. It is a theme he has carried into his bid for the Republican nomination for president.

The other loan was a line of credit from Citibank. Even if the Citibank loan did not go directly into the Senate campaign, it could have freed up other assets for that purpose. While the Cruzes were well paid — he made more than $1 million a year as a law partner, and she earned a six-figure income as an executive in Goldman Sachs’s Houston office — they also had big bills, including mortgage payments and full-time child care.
Both loans had floating interest rates around 3 percent, according to Mr. Cruz’s Senate disclosures, which appear to be generally in line with rates available to wealthy borrowers at that time.

The federal guide to campaign finance reporting for congressional candidates makes it clear that if the original source of money for a candidate’s personal loan was a margin loan or a line of credit, it must be disclosed.

-----------------------------------

Of course, it just slipped his mind. He simply forgot. Perhaps it's a case of "New York Values" from an evangelical kind of guy.

Oops.

The part I find most compelling is who gave him the loan.

If you want a president that favors hedge fund managers and wall street bankers, Cruz is your man.

The missus.

They're crooked and corrupt.


Sent from my iPhone using Tapatalk

 

[rdean]

That's almost like having Rezko buy your house for you!!

Who did Rezko buy a house for? I know you have a link.

Hint: first name was Barack

I don't want a hint. I want to see a link. Can you or can you not produce one?

 

[rdean]

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign

That loan was not disclosed in campaign finance reports.

Mr. Cruz, a conservative former Texas solicitor general, was campaigning as a populist firebrand who criticized Wall Street bailouts and the influence of big banks in Washington. It is a theme he has carried into his bid for the Republican nomination for president.

The other loan was a line of credit from Citibank. Even if the Citibank loan did not go directly into the Senate campaign, it could have freed up other assets for that purpose. While the Cruzes were well paid — he made more than $1 million a year as a law partner, and she earned a six-figure income as an executive in Goldman Sachs’s Houston office — they also had big bills, including mortgage payments and full-time child care.
Both loans had floating interest rates around 3 percent, according to Mr. Cruz’s Senate disclosures, which appear to be generally in line with rates available to wealthy borrowers at that time.

The federal guide to campaign finance reporting for congressional candidates makes it clear that if the original source of money for a candidate’s personal loan was a margin loan or a line of credit, it must be disclosed.

-----------------------------------

Of course, it just slipped his mind. He simply forgot. Perhaps it's a case of "New York Values" from an evangelical kind of guy.

Oops.

I'll see that 'loan' and raise you contributions from Gaza....

1. Nearly $25k was contributed to Obama in 2007-2008 by Monir Edwan, listed on FEC documents as contributing from Rafah, Gaza. A refuge camp.
   1. “The Federal Election Campaign Act (FECA) prohibits any foreign national from contributing, donating or spending funds in connection with any federal, state, or local election in the United States, either directly or indirectly. It is also unlawful to help foreign nationals violate that ban or to solicit, receive or accept contributions or donations from them. Persons who knowingly and willfully engage in these activities may be subject to fines and/or imprisonment.” http://www.fec.gov/law/feca/feca.pdf

b. When a federal political committee (a committee active in federal elections) receives a contribution it believes may be from a foreign national, it must: Return the contribution to the donor without depositing it; or Deposit the contribution and take steps to determine its legality, as described below. Either action must be taken within 10 days of the treasurer's receipt. 11 CFR 103.3(b)(1). Foreign Nationals Brochure
2. According to the FEC, contributions to the Obama campaign from three brothers, Osama, Monir and Hosam Edwan, all from Rafah, totaled $33,000.[ii] And they weren’t alone. Al-Jazeera reported on March 31, 2008 that Gazans were manning phone banks for the Obama campaign.[iii] The brothers were vocal in their “love” for Obama – which in itself spoke volumes to Obama’s campaign. The media showed no interest, but Obama pricked up his ears. He smelled trouble; even though no reporters asked him about these contributions, he answered anyway. The Obama campaign contended in the summer of 2008 that they had returned $33,500 in illegal contributions from Palestinians in Hamas-controlled Gaza – despite the fact that records do not show that it was returned, and the brothers said they did not receive any money. And indeed, Obama’s refunds and redesignations on file with the FEC show no refund to Osama, Hossam, or Monir Edwan in the Rafah refugee camp. Photocopies of said documents at this site: FEC to Investigate 2008 Atlas EXCLUSIVE: Obama's Secret Campaign Cash: Millions from Foreign Sources - Atlas Shrugs
3. On Watchdog.net, a site that monitors campaign contributions, Monir Edwan is listed as Barack Obama’s Top Contributor, giving $24,313 between October 27, 2007 and November 11, 2007. However, although it gives zip codes and other details for the other four of Obama’s top five individual contributors, it provides no additional information at all for Monir Edwan — and Edwan’s link is the only dead one on the Watchdog page. Israel Matzav: Obama's illegal Gaza fundraiser

Obama guilty of so many crimes and all Republicans who plotted to bring him down could come up with was "he was born in Kenya"?

You guys aren't dipshits, you're double dipshit nitwits.

 

[whitehall]

Even if it's unethical it's chicken feed compared to the money the Clinton's have skimmed from their "fund". Don't forget that Enron was raking in the dough during the Clinton administration and Bill pardoned the most notorious corporate criminal in history at that time while he was on the FBI's "10 most wanted". Allegedly all it took for Clinton to use the pardon pen was Rich's wife donating a couple of bucks to Clinton's Arkansas library.