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Ted Cruz Just Told A Room Full Of Wall Streeters What’s Up Right To Their Faces
Western Journalism ^ | July 15 2015 | Randy DeSoto

Posted on 07/15/2015 7:38:29 PM PDT by 2ndDivisionVet

(VIDEO-AT-LINK)

Cruz pointed out that big business and big government can go hand-in-hand, hurting economic mobility and the chance for people to live out the American dream.

Republican presidential candidate Sen. Ted Cruz cannot be accused of playing to the audience after some of the things he said at CNBC’s Delivering Alpha conference.

The event took place in New York City before a Wall Street crowd. Cruz pointed out that big business and big government can go hand-in-hand, hurting economic mobility and the chance for people to live out the American dream.

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“You want to sum up this race in one simple meme? It’s one we tweeted out,” Cruz said lightheartedly. “Reaganomics, you start a business in your parent’s garage; Obamanomics you move into your parents garage.”

“The simple reality is big business does great with big government,” the senator said. “I’ll give you a statistic that you’ll never hear President Obama or Hillary Clinton admit: the top 1 percent, the millionaires and billionaires Obama constantly demagogues today earn a higher share of our income, than any year since 1928.”

“There is a tendency in Washington to support giant corporations,” he said, adding that “the Democratic party is the party of the rich, big government and cronyism. That is the Democratic Party”

Cruz offered the example of Dodd-Frank, which “killed hundreds and even thousands of small financial institutions” because they could not comply with its onerous regulations, which the candidate said Wall Street helped write.

“I don’t think government should be playing the role of either Santa Claus or thug,” the candidate observed.

Cruz conceded to CNBC host John Harwood that most of Wall Street was likely splitting their support between Hillary Clinton and Jeb Bush.

The reformer candidate was also willing to call out his own party as being part of the problem in Washington. Harwood asked Cruz if he thought GOP leadership was corrupt. The senator answered by offering the example of the 2013 debt ceiling debate.

After legislation passed the House raising the debt ceiling, primarily with the help of Democrats, the measure came to the Senate. The leadership called in all the GOP senators into a meeting and asked them to agree, with a unanimous consent floor vote, to allow the debt ceiling increase to go forward by a simple majority, rather than the usual 60 vote requirement. The leadership said that that way, the Democrats could pass it by themselves (they had 55 senators at the time), and all the Republicans could vote against it and go tell their constituents how they stood up against big spending.

Cruz indicated he could not in good faith do what they were asking. He said only Sen. Mike Lee, R-Utah, stood with him and filibustered raising the debt ceiling without spending reforms.

GOP leadership pressed Cruz why he was going to make five Republican senators have to vote with the Democrats to pass the legislation. Cruz saw the incident as emblematic of leadership that had forgotten why they were sent to Washington.

(VIDEO-AT-LINK)


TOPICS: Campaign News; Issues; Parties
KEYWORDS: cruz; economy; tedcruz; wallstreet
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To: 2ndDivisionVet

The corporate elites want this race to boil down to a choice between Jeb Bush and Hillary Clinton.

Hundreds of millions of dollars will then be spent to create an emotional frenzy that says Jeb is a Hitlerite and Hillary a Stalinist when the truth is neither.

They are both corporatist stooges, in bed with the crony capitalists.


21 posted on 07/15/2015 9:14:46 PM PDT by Nextrush (FREEDOM IS EVERYBODY'S BUSINESS, REMEMBER PASTOR NIEMOLLER)
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To: uncitizen

“Cruz conceded… that most of Wall Street was likely splitting their support between Hillary Clinton and Jeb Bush.” Cruz’s concession proves that he is brilliant. A small miracle will be Jeb as the next president. A big miracle will be Cruz as the next president. I pray to St. Michael the Archangel daily for a big miracle.


22 posted on 07/15/2015 9:20:02 PM PDT by Falconspeed ("Keep your fears to yourself, but share your courage with others." Robert Louis Stevenson (1850-94))
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To: SoConPubbie

+1


23 posted on 07/15/2015 9:22:32 PM PDT by MaxMax (Call the local GOP and ask how you can support CRUZ for POTUS,)
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To: Mariner

Projection and perception. You’re wasting your time.
The Cruz’s are good people and trustworthy.


24 posted on 07/15/2015 9:45:13 PM PDT by right way right (Disclaimer: Not a prophet but I have a pretty good record.)
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To: cripplecreek

We’re still dealing with the strings tied to that...


25 posted on 07/15/2015 9:45:31 PM PDT by Axenolith (Government blows, and that which governs least, blows least...)
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To: 2ndDivisionVet

Wow. Thanks for posting.


26 posted on 07/15/2015 9:57:05 PM PDT by richardskeet
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To: bramps; SoConPubbie

“You want to sum up this race in one simple meme? It’s one we tweeted out,” Cruz said lightheartedly. “Reaganomics, you start a business in your parent’s garage; Obamanomics you move into your parents garage.” +1


27 posted on 07/15/2015 10:14:42 PM PDT by Pajamajan ( Pray for our nation. Thank the Lord for everything you have. Don't wait. Do it today.)
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To: Mariner

She works at Goldman. She’s on the clock so to speak and gets a check for her work. There are janitors at Goldman who do the same. Am I missing something.


28 posted on 07/15/2015 11:34:40 PM PDT by RitaOK ( VIVA CRISTO REY / Public education is the farm team for more Marxists coming)
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To: Falconspeed

Nice to hear that Falconspeed. I do that also! Never did before, but I certainly am now.


29 posted on 07/15/2015 11:37:28 PM PDT by RitaOK ( VIVA CRISTO REY / Public education is the farm team for more Marxists coming)
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To: 2ndDivisionVet

If the press ever gave any serious attention to Cruz then people would flock to him in droves....especially after reading this.


30 posted on 07/15/2015 11:39:15 PM PDT by DouglasKC
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To: bramps

And if you don’t give a carp anymore, you start a punk band in your parents’ garage.


31 posted on 07/15/2015 11:59:13 PM PDT by firebrand
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To: 2ndDivisionVet

bkmk


32 posted on 07/16/2015 1:07:28 AM PDT by AllAmericanGirl44
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To: Mariner

You forgot to mention the CFR, the Bilderbergers, and the Illuminati.

(I’m just trying to be funny too.)


33 posted on 07/16/2015 6:05:42 AM PDT by Fresh Wind (Falcon 105)
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To: 2ndDivisionVet

I think Senate and House voting rules should be changed. Do away with the “simple majority,” and require 3/4 in favor to pass everything; I’m not sure how they deal with treaties so I won’t comment on that. The same for the House: no simple majority, and 3/4 to pass anything.

And this too: no “present” or abstaining from voting. That’s essentially a ‘yes’ vote. Either a yes or no vote.


34 posted on 07/16/2015 9:11:58 AM PDT by wastedyears (Iron Maiden - The Book of Souls, out Sept 4th, 2015)
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To: RitaOK

High five. St. Michael the Archangel is the patron of policemen. St. Florian is the patron of firemen. St. Rita is the patron of troubled marriages and impossible kids. Who should we pray to for the return of republicanism to America? I vote for St. Michael the Archangel since he is an “Arch-” and has connections to the top.


35 posted on 07/16/2015 9:22:04 PM PDT by Falconspeed ("Keep your fears to yourself, but share your courage with others." Robert Louis Stevenson (1850-94))
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To: Falconspeed

Thank you Falconspeed.

You know the old confiteor (before it was annihilated) names Saint Michael the Archangel second, right after Blessed Mary. So, yes, to agree with you, he certainly is VERY highly connected. :)

“I confess to Almighty God, to blessed Mary ever Virgin, to blessed Michael the Archangel, to blessed John the Baptist, the Holy Apostles, Peter and Paul, and all the Saints in Heaven that I have sinned exceedingly.....”


36 posted on 07/16/2015 9:47:57 PM PDT by RitaOK ( VIVA CRISTO REY / Public education is the farm team for more Marxists coming)
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