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Ted Cruz Just Told A Room Full Of Wall Streeters What’s Up Right To Their Faces
Western Journalism ^ | July 15 2015 | Randy DeSoto

Posted on 07/15/2015 7:38:29 PM PDT by 2ndDivisionVet

(VIDEO-AT-LINK)

Cruz pointed out that big business and big government can go hand-in-hand, hurting economic mobility and the chance for people to live out the American dream.

Republican presidential candidate Sen. Ted Cruz cannot be accused of playing to the audience after some of the things he said at CNBC’s Delivering Alpha conference.

The event took place in New York City before a Wall Street crowd. Cruz pointed out that big business and big government can go hand-in-hand, hurting economic mobility and the chance for people to live out the American dream.

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“You want to sum up this race in one simple meme? It’s one we tweeted out,” Cruz said lightheartedly. “Reaganomics, you start a business in your parent’s garage; Obamanomics you move into your parents garage.”

“The simple reality is big business does great with big government,” the senator said. “I’ll give you a statistic that you’ll never hear President Obama or Hillary Clinton admit: the top 1 percent, the millionaires and billionaires Obama constantly demagogues today earn a higher share of our income, than any year since 1928.”

“There is a tendency in Washington to support giant corporations,” he said, adding that “the Democratic party is the party of the rich, big government and cronyism. That is the Democratic Party”

Cruz offered the example of Dodd-Frank, which “killed hundreds and even thousands of small financial institutions” because they could not comply with its onerous regulations, which the candidate said Wall Street helped write.

“I don’t think government should be playing the role of either Santa Claus or thug,” the candidate observed.

Cruz conceded to CNBC host John Harwood that most of Wall Street was likely splitting their support between Hillary Clinton and Jeb Bush.

The reformer candidate was also willing to call out his own party as being part of the problem in Washington. Harwood asked Cruz if he thought GOP leadership was corrupt. The senator answered by offering the example of the 2013 debt ceiling debate.

After legislation passed the House raising the debt ceiling, primarily with the help of Democrats, the measure came to the Senate. The leadership called in all the GOP senators into a meeting and asked them to agree, with a unanimous consent floor vote, to allow the debt ceiling increase to go forward by a simple majority, rather than the usual 60 vote requirement. The leadership said that that way, the Democrats could pass it by themselves (they had 55 senators at the time), and all the Republicans could vote against it and go tell their constituents how they stood up against big spending.

Cruz indicated he could not in good faith do what they were asking. He said only Sen. Mike Lee, R-Utah, stood with him and filibustered raising the debt ceiling without spending reforms.

GOP leadership pressed Cruz why he was going to make five Republican senators have to vote with the Democrats to pass the legislation. Cruz saw the incident as emblematic of leadership that had forgotten why they were sent to Washington.

(VIDEO-AT-LINK)


TOPICS: Campaign News; Issues; Parties
KEYWORDS: cruz; economy; tedcruz; wallstreet
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1 posted on 07/15/2015 7:38:29 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

Obamanomics 2.0 - your parents garage and house are foreclosed on


2 posted on 07/15/2015 7:41:15 PM PDT by uncitizen (PC is lying, any way you look at it)
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To: 2ndDivisionVet
“I don’t think government should be playing the role of either Santa Claus or thug.”
~TED CRUZ

YES!

3 posted on 07/15/2015 7:42:26 PM PDT by onyx (PLEASE Support FR - GO MONTHLY - Join CLUB 300 - God bless FR's Donors!)
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To: 2ndDivisionVet

Business needs to cut the umbilical cord and relearn to walk again.

There was a time when JP Morgan bailed out government.


4 posted on 07/15/2015 7:47:35 PM PDT by cripplecreek (Sad fact, most people just want a candidate to tell them what they want to hear)
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To: 2ndDivisionVet
big business and big government can go hand-in-hand...

Did he use the F-word (fascism)?
5 posted on 07/15/2015 7:51:35 PM PDT by SpaceBar
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To: cripplecreek; onyx; 2ndDivisionVet; LucyT
There was a time when JP Morgan bailed out government.

And If I am not mistaken, to prevent that from happening a third(?)time, is why the Federal Reserve was created.

In Part by Morgan :/

6 posted on 07/15/2015 7:57:32 PM PDT by KC_Lion (PLEASE SUPPORT FR. Donate Monthly or Join Club 300! G-d bless you all!)
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To: 2ndDivisionVet

“You want to sum up this race in one simple meme? It’s one we tweeted out,” Cruz said lightheartedly. “Reaganomics, you start a business in your parent’s garage; Obamanomics you move into your parents garage.”

....................
That’s a keeper!


7 posted on 07/15/2015 8:03:57 PM PDT by bramps (Wake me up when we find a candidate to take on the scourge that is Islam.)
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To: bramps

Yes it is


8 posted on 07/15/2015 8:18:19 PM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then or now?;)
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To: 2ndDivisionVet

If Cruz really means what he says about Crony Capitalism, his wife is not going to be happy.


9 posted on 07/15/2015 8:23:43 PM PDT by Mariner (War Criminal #18 - Be The Leaderless Resistance)
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To: 2ndDivisionVet

.
And that is the big difference between Cruz and Walker.

Walker is 100% in support of the cozy between big Biz and Big Gov.

That is why all of Walkers many meetings with the Chamber of Commerce are behind tightly closed doors.
.


10 posted on 07/15/2015 8:24:26 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: Mariner

So every nook and cranny of that company is corrupt? You’ve had dealings with them or worked there?


11 posted on 07/15/2015 8:24:54 PM PDT by 2ndDivisionVet (You can help: https://donate.tedcruz.org/c/FBTX0095/)
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To: editor-surveyor

And why Rancid Prius and Eddie Munster back him to the hilt.


12 posted on 07/15/2015 8:25:42 PM PDT by 2ndDivisionVet (You can help: https://donate.tedcruz.org/c/FBTX0095/)
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To: 2ndDivisionVet
"nook and cranny"

Certainly not. I'm pretty sure there's a bunch of honest folks that work there.

I thought I was being funny.

Guess not.

13 posted on 07/15/2015 8:38:00 PM PDT by Mariner (War Criminal #18 - Be The Leaderless Resistance)
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To: 2ndDivisionVet; Kale; Jarhead9297; COUNTrecount; notaliberal; DoughtyOne; MountainDad; ...
    Ted Cruz Ping!

    If you want on/off this ping list, please let me know.
    Please beware, this is a high-volume ping list!

    CRUZ or LOSE!

14 posted on 07/15/2015 8:44:33 PM PDT by SoConPubbie (Mitt and Obama: They're the same poison, just a different potency)
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To: 2ndDivisionVet

Go, Cruz, GO!!


15 posted on 07/15/2015 8:46:42 PM PDT by Jim Robinson (Resistance to tyrants is obedience to God!)
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To: bramps

“Reaganomics, you start a business in your parent’s garage; Obamanomics you move into your parents garage.”

That’s not only a keeper..its warmlu reminiscant OF Ronald Reagan.


16 posted on 07/15/2015 8:49:59 PM PDT by MeshugeMikey ("Never, Never, Never, Give Up," Winston Churchill ><>)
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To: MeshugeMikey

Love it!!


17 posted on 07/15/2015 8:50:36 PM PDT by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
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To: Jane Long

if this doesnt sound smell and taste like VINTAGE Ronald Reagan///Nothing does

““You want to sum up this race in one simple meme? It’s one we tweeted out,” Cruz said lightheartedly. “Reaganomics, you start a business in your parent’s garage; Obamanomics you move into your parents garage.”

THIS is what a LEADER DOES.....he knows the laws...and INSPIRES....yes amen INSPIRES the people who want him to LEAD!!

THANK YOU TED!!


18 posted on 07/15/2015 8:54:58 PM PDT by MeshugeMikey ("Never, Never, Never, Give Up," Winston Churchill ><>)
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To: 2ndDivisionVet

GO Cruz!


19 posted on 07/15/2015 8:57:43 PM PDT by MEG33 (God Bless America And Our Troops)
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To: Mariner; 2ndDivisionVet
I thought I was being funny.

You were being a JackAss. But you already knew that, didn't you?!
20 posted on 07/15/2015 9:00:17 PM PDT by SoConPubbie (Mitt and Obama: They're the same poison, just a different potency)
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