Cruz’s problems originate on K St. and not in church.
I don’t know all of the details in that deal, I like Trump because he’s beholden to no one, that’s another plus for sure.
But, as a business owner, I owe lots of money. I won’t finance equipment from my own bank account, because it doesn’t make sense to do so. Business has bad years and good years, and also in terms of borrowing, if I can borrow for 3%, while putting my own money in the market which will do 7% minimum, why would I invest my own money into equipment?
Borrowing rates are so low, I would be a fool.
But for some (not me), they think Trump is just as bad a Cruz on this debt thing. I don’t see it that way.
One is a personal loan, the other is a loan taken out by a corporation and leveraged against his corporations assets (which apparently, the lenders think is a good investment).
But, the only details about Cruz’s K Street connections are really just what I read online, and they would seem to point towards cronyism, but hey, who knows.
“Cruz’s problems originate on K St. and not in church.”
Hallelujah!