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First on CNN: Billionaire brothers give Cruz super PAC $15 million
CNN ^ | Sat July 25, 2015 | Theodore Schleifer

Posted on 07/25/2015 9:42:23 AM PDT by Isara

Two low-profile Texas brothers have donated $15 million to support Sen. Ted Cruz, a record-setting contribution that amounts to the largest known donation so far in the 2016 presidential campaign.

Farris and Dan Wilks, billionaires who made their fortunes in the West Texas fracking boom, have given $15 million of the $38 million that the pro-Cruz super PAC, Keep the Promise, will disclose in election filings next week, according to sources outside the super PAC with knowledge of the giving.

The siblings earned their riches with the sale of their company Frac Tech for $3.5 billion in 2011, and since then have shuffled large contributions to the leading social conservative nonprofit groups that aren't required to reveal their donors. But they will no longer be able to avoid detection after giving a historically large and early donation that now make the brothers two of America's most prominent political donors.

"Our country was founded on the idea that our rights come from the Creator, not the government. I'm afraid we're losing that," Farris Wilks, a 63-year-old pastor in the small town of Cisco, said in a statement to CNN. "Unless we elect a principled conservative leader ready to stand up for our values, we'll look back on what once was the land of opportunity and pass on a less prosperous nation to our children and grandchildren. That's why we need Ted Cruz."

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Together, their donations give Cruz and his allies more money than any other Republican except Jeb Bush, a surprising achievement for a firebrand senator more embraced at a Tea Party rally than at a black-tie business gala.

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Now, though, they are prepared to step right into the middle of a potentially nasty Republican nomination fight that could cost hundreds of millions of dollars....

(Excerpt) Read more at cnn.com ...


TOPICS: Constitution/Conservatism; Front Page News; News/Current Events; Politics/Elections; US: Texas
KEYWORDS: 2016election; billionaires; cruz; cruz2016; cruzsuperpac; danwilks; donors; election2016; farriswilks; tedcruz; texas; wilks
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FYI
1 posted on 07/25/2015 9:42:23 AM PDT by Isara
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To: Isara

Harry Reid is going to learn some new names.


2 posted on 07/25/2015 9:43:46 AM PDT by cripplecreek (Sad fact, most people just want a candidate to tell them what they want to hear)
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To: Isara

Excellent!


3 posted on 07/25/2015 9:43:53 AM PDT by TBP (Obama lies, Granny dies.)
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To: Isara

Somebody BESIDES the Koch Brothers is investing in the whole anti-Obama cash flow?

Wow, this IS news. Quick, somebody alert Harry Reid.


4 posted on 07/25/2015 9:45:42 AM PDT by alloysteel (If Stupidity got us into this mess, then why can't it get us out? - Will Rogers.)
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To: Isara

It will take big dough to run this marathon.

Looks like the Cruzer, Jeb, and Trump have the big dough so far.


5 posted on 07/25/2015 9:45:59 AM PDT by nascarnation (Impeach, convict, deport)
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To: Isara

I’m thankful that there are a few conservative billionaires but I still believe that the Citizens United case was a travesty.


6 posted on 07/25/2015 9:46:34 AM PDT by freedomfiter2 (Lex rex)
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To: Isara

My first sand can job was for FracTech ... I liked them as an employer.


7 posted on 07/25/2015 9:47:43 AM PDT by knarf (I say things that are true ... I have no proof ... but they're true)
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To: Isara

They’ll be savaged by the MSM while Soros gets a pass. Nothing unusual here.


8 posted on 07/25/2015 9:48:30 AM PDT by Spok ("What're you going to believe-me or your own eyes?" -Marx (Groucho))
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To: nascarnation

Yeah’n Cruz and Trump are on the same page in the same book


9 posted on 07/25/2015 9:48:41 AM PDT by knarf (I say things that are true ... I have no proof ... but they're true)
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To: cripplecreek

Good news!


10 posted on 07/25/2015 9:48:46 AM PDT by TTFlyer
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To: Spok

Bro West is smokin’ .... I’m REALLY likin’ THIS election cycle


11 posted on 07/25/2015 9:49:34 AM PDT by knarf (I say things that are true ... I have no proof ... but they're true)
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To: Isara

Looks like he will have the finances to stay for the long haul.


12 posted on 07/25/2015 9:50:40 AM PDT by hoosiermama (Obam5a: "Born in Kenya" Lying now or then or now?)
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To: Isara

“”Unless we elect a principled conservative leader ready to stand up for our values, we’ll look back on what once was the land of opportunity and pass on a less prosperous nation to our children and grandchildren. “

Nonsense. I learned right here on FR that standing on principle was the problem and that people who do hate America and love Obama.


13 posted on 07/25/2015 9:51:35 AM PDT by Norm Lenhart
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To: cripplecreek

Have they ever published how much Soros gave Obama and Dems?


14 posted on 07/25/2015 9:52:19 AM PDT by Kenny
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To: nascarnation

I am repeatedly surprised (/s) by the fact that Cruz is in the top tier with fund raising, mostly from small donors, but not polling that high. Who the heck is donating to him and not supporting him when polled? (Again /s.)


15 posted on 07/25/2015 9:54:11 AM PDT by SuzyQue
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To: Isara

New targets for the IRS.


16 posted on 07/25/2015 9:54:52 AM PDT by moovova
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To: cripplecreek

Remember Harry they are younger that your old sparring partner Koch brothers


17 posted on 07/25/2015 9:55:15 AM PDT by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
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To: hoosiermama

IIRC the successful candidate and next president will spend (including super PACs) something like 1 billion dollars.


18 posted on 07/25/2015 9:57:17 AM PDT by jpsb (Believe nothing until it has been officially denied)
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To: Isara

Yeah!!!!!


19 posted on 07/25/2015 9:58:04 AM PDT by libbylu
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To: Norm Lenhart

To me the most impressive thing about Cruz is the fact that He was clearly fighting for right before most of us outside of Texas had ever heard of him.

His Medellín v. Texas win pitted him against the Bush administration, Mexico, and the international courts. It was a win for Texas state sovereignty, national sovereignty, and victims of illegal alien crimes.

>>Medellín v. Texas, 552 U.S. 491 (2008), is a United States Supreme Court decision that held that even if an international treaty may constitute an international commitment, it is not binding domestic law unless Congress has enacted statutes implementing it or unless the treaty itself is “self-executing.” Also, the Court held that decisions of the International Court of Justice are not binding domestic law and that, without authority from the United States Congress or the Constitution, the President of the United States lacks the power to enforce international treaties or decisions of the International Court of Justice.<<

https://en.wikipedia.org/wiki/Medell%C3%ADn_v._Texas


20 posted on 07/25/2015 9:58:06 AM PDT by cripplecreek (Sad fact, most people just want a candidate to tell them what they want to hear)
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