I don’t know why Cruz failed to report the loans as required by the FEC, so I don’t know if he was trying to hide something.
What I do know, and Cruz has admitted it, is that either he or his campaign failed to make the required filings with the FEC.
It does seem hard to believe that Cruz, that everybody holds up as a genius and a great lawyer, wasn’t aware of the requirements or couldn’t find them (as I did in a few minutes time on Google).
I predict that Cruz will be fined at some point for this oversight, if that’s what it was.
Keep in mind that a filing with one branch of the federal bureaucracy doesn’t necessarily satisfy another branch.
Trump and his supporters are using the "accusation" of wrong doing to damage him personally. This is what the left and a group of republicans used to damage newt Gingrich.
It is dirty politics. But it's pretty common and similar to "when did you stop beating your wife" accusations..
When I go to the voting booth, the cost of that type of politics will begin to mount. Someone will pay for it in the end, and I hope it's not the country. But it could be and if that happens, there will be no second guessing.
I keep hearing this particular meme - giving the impression that Cruz is sitting at his desk rubbing his hands, figuring out ways to dupe everyone.
It's a campaign. It is somewhere in the size of at least a sub-s corp. It very probably had accountants and lawyers, and I doubt very much that Cruz had his hands on the books. I doubt that he could.
The buck stops with him, even as it stopped with me when my accountant made a huge error. I had to own it. I had to pay the fine, but I had nothing to do with the bookkeeping and filing that caused the error.
He admitted it, and no doubt he'll take the hit (if any). That doesn't mean that anything nefarious was necessarily going on. My business had to amend filings fairly frequently. Oversights are just part of the deal.
“It does seem hard to believe that Cruz, that everybody holds up as a genius and a great lawyer, wasn’t aware of the requirements or couldn’t find them (as I did in a few minutes time on Google).”
The FEC Commissioner didn’t seem to find it hard to believe, because he said people get confused by those rules all the time.
I’m not sure what being a lawyer has to do with anything, they do not teach you the intricacies of FEC filings in law school, I’m pretty certain.