Posted on 01/21/2016 9:11:44 PM PST by TBP
Donald Trump has attacked Ted Cruz roughly a billion times over the last week for having taken out loans from Citibank and Goldman Sachs. Like most everything Trump says, his attacks are short on facts and even shorter on making sense. He claims somehow that Cruz attempted to hide the loans, even though he openly disclosed them on public filings (just not the right ones).
Here he is, in fact, saying that Cruz is “worse than Hillary, if you think about it,†because of the loans:
https://youtu.be/_NtpbWK5Kdg
More specifically, Trump has repeatedly reiterated the claim (at the beginning of the clip) that “they own him†because he has taken out loans from them. He’s made the nonsensical claim repeatedly that Ted Cruz can’t “protect people†from Citibank or Goldman Sachs or whoever, because he has taken out loans from them or personally guaranteed loans to his campaign from them.
I don’t know, I don’t feel like I have ever needed protection from Citibank or Goldman Sachs, but I digress. Because if that claim is true about Ted Cruz, it is also true about Donald Trump. I mean, of course it is. There is absolutely no way that a guy who has spent his life as a real estate mogul has not at one time taken out huge, major loans from every major investment bank in the country. UPDATE: A poster on twitter has pointed out that Donald Trump is “owned†by almost literally everyone according to his most recent financial disclosures. He has billions (with a “Bâ€) of dollars of outstanding loans from virtually every major Wall Street bank, including Capital One, Deutsche Bank, ISB, UBS, and Merrill Lynch.
Citibank, in particular, played a major role in one of the Trump’s organization’s more notorious bankruptcies, when the Trump Plaza Hotel in Atlantic City was underwater and Trump owed over $550 million on it to various creditors, with Citibank at the head. In order to restructure his debt, Trump gave Citibank and other creditors a 49% ownership interest in the hotel.
As for Goldman Sachs, Trump is himself a shareholder in Goldman Sachs, which means he has a direct financial interest in its success. One would think that would make Trump even less enthusiastic about protecting me from Goldman Sachs (whatever that means) than Cruz would.
There is essentially not a major Wall Street entity that Donald Trump or his companies have not taken out loans from or received financing from. In fact, that’s more or less his entire business model. This lengthy ABC piece details how each and every one of them has at one time been circling Trump or his companies as they have been left holding the bag for all or part of loans he took out from them.
If Ted Cruz is owned by Citibank and Goldman Sachs just because he once took out a loan from them, then what that means is that he is owned by a several fewer banks than Donald Trump is.
BS
LoL did Trump omit the loan from a FEC report?
That is because everyone knows Trump is bought....ummmm, I mean, just doing what he has to do to run his business...even though giving $250k to the Clintons had nothing to do with his businesses./ sarc
I do not think there has been a candidate who has been as viciously attacked as Donald Trump has.
If the GOPe continues this, I think Donald Trump should run third party and bring down the GOPe once and for all.
its ok. Trump donated to the Clintons. Conservatism is over. Trumpism is the ideology that wins
RedState has become a neocon version of Salon.
The Trump supporters are going to spin this anyway they want to to make Trump look good, a double standard when you look at it.
They bash Ted Cruz because his wife worked for Goldman Sachs, but its just fine that Trump owns part of Goldman Sachs.
Will ‘Red State’ ever get an interview with President Trump?
So when is Leon going to poop out another silly TDS Trump article? Say about 15 minutes from now LoL.
Posted already earlier. The search function is your friend.
Good grief. Get a grip.
LMAO... such a sad effort to try and attack Trump-— try again.. lol
The Trump supporters will also attack RedState as being GOPe just like they attacked National Review and every other media outlet that supports Cruz or dislikes Trump. Yet, they will hail those media outlets that support Trump as being trustworthy conservatives, namely the NY Times, MSNBC, Washington Post, Salon. Pretty sad...
I do not think there has been a candidate who has been as viciously attacked as Donald Trump has.
Trump’s scurrilous attacks of Scott Walker, repeating the RATS talking points about the Wisconsin budget, his totally weird gestures when he was attacking Dr. Ben Carson repeating the media’s talking points that Carson lied about his youth and religious conversion. Even trump’s idiotic comments about Fiorina’s appearance.
You Trumpettes specialize in the pot calling the kettle black arguments.
Interesting. So, did Cruz pay back his loan? Methinks he did or else Trump would have complained about that.
Such panic, such fear....Trump will win easily! Carry on with your nonsense it matters not a wit!
Is this one of them thar religious threads ?
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