Posted on 02/03/2016 2:25:15 PM PST by FR_addict
By now most people are aware of the controversy surrounding Candidate Ted Cruz and his failure to reveal $1.3 million in campaign "loans" from Goldman Sachs and Citibank during his 2012 campaign for the senate. At the heart of the issue is a failure of Ted and Heidi Cruz to list Wall Street "loans" on the required Federal Election Commission financial reports.
Together with the campaign officials the Cruz's say the non-reporting was an accidental oversight. However, a watch dog group has now filed a complaint with the FEC which is step one to beginning an FEC investigation.
Update! Today the FEC requested information from the Cruz campaign, with a response due by March 8th: The full complaint (pdf) is outlined below. However, the larger question behind the complaint would be the motive for Ted and Heidi Cruz to hide the source of their campaign funds. The activity the complainant is presenting to have the FEC investigate, if proven accurate, is factually illegal.
The "accidental omission" is not necessarily the problem. The irreconcilable consequences from an accurate filing are the larger issue.
They can correct the missing information and file amended reports. However, if the Cruz campaign corrects the record based on the explanations to the media, the amended reports will reflect their violations of federal campaign finance laws...
(Excerpt) Read more at theconservativetreehouse.com ...
CRUZ LOANED HIMSELF THE MONEY .. FROM HIS OWN ACCOUNTS.
There is nothing irregular about it.
LOL at your #3 pic — too funny.
A margin account loan is NOT an unsecured loan. The bporrower has to have sufficient collateral in the account to cover the value, and if the account assets fall in value while used a loan collateral , a margin call is issued and the borrower has to make up the difference.
Sundance is an all-in Trump fanboy.
Yep, they are the flip side of RedState/Rightscoop.
And yes it should warrant an investigation.
Eighteen threads nnd counting.
“:^)
In case you might be the least bit interested in the truth .. it was RUBIO who sent a tweet first about Carson, not a Cruz staffer.
I was wondering why I starting hearing trumpets outside about an hour ago.
Sundance does very good research regardless if you agree with his findings or not.
Really ..??
CRUZ LOANED HIMSELF THE MONEY .. FROM HIS OWN ACCOUNTS.
There is nothing irregular about it.
CRUZ LOANED HIMSELF THE MONEY .. FROM HIS OWN ACCOUNTS.
There is nothing irregular about it.
CRUZ LOANED HIMSELF THE MONEY .. FROM HIS OWN ACCOUNTS.
There is nothing irregular about it.
Cruz= dirty
CRUZ LOANED HIMSELF THE MONEY .. FROM HIS OWN ACCOUNTS.
There is nothing irregular about it.
I appreciate the count.
Would you mind giving me hourly reports.
I’m sure you did it for Isara for his four months of posting that graphic of his over and over.
Four months, and I’ve been posting this for an hour.
Will Fiorina’s corrupt PAC return the $500,000 the Cruz PAC funneled to them?
Or did that cash already get distributed?
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