Posted on 01/21/2016 9:11:44 PM PST by TBP
Donald Trump has attacked Ted Cruz roughly a billion times over the last week for having taken out loans from Citibank and Goldman Sachs. Like most everything Trump says, his attacks are short on facts and even shorter on making sense. He claims somehow that Cruz attempted to hide the loans, even though he openly disclosed them on public filings (just not the right ones).
Here he is, in fact, saying that Cruz is “worse than Hillary, if you think about it,†because of the loans:
https://youtu.be/_NtpbWK5Kdg
More specifically, Trump has repeatedly reiterated the claim (at the beginning of the clip) that “they own him†because he has taken out loans from them. He’s made the nonsensical claim repeatedly that Ted Cruz can’t “protect people†from Citibank or Goldman Sachs or whoever, because he has taken out loans from them or personally guaranteed loans to his campaign from them.
I don’t know, I don’t feel like I have ever needed protection from Citibank or Goldman Sachs, but I digress. Because if that claim is true about Ted Cruz, it is also true about Donald Trump. I mean, of course it is. There is absolutely no way that a guy who has spent his life as a real estate mogul has not at one time taken out huge, major loans from every major investment bank in the country. UPDATE: A poster on twitter has pointed out that Donald Trump is “owned†by almost literally everyone according to his most recent financial disclosures. He has billions (with a “Bâ€) of dollars of outstanding loans from virtually every major Wall Street bank, including Capital One, Deutsche Bank, ISB, UBS, and Merrill Lynch.
Citibank, in particular, played a major role in one of the Trump’s organization’s more notorious bankruptcies, when the Trump Plaza Hotel in Atlantic City was underwater and Trump owed over $550 million on it to various creditors, with Citibank at the head. In order to restructure his debt, Trump gave Citibank and other creditors a 49% ownership interest in the hotel.
As for Goldman Sachs, Trump is himself a shareholder in Goldman Sachs, which means he has a direct financial interest in its success. One would think that would make Trump even less enthusiastic about protecting me from Goldman Sachs (whatever that means) than Cruz would.
There is essentially not a major Wall Street entity that Donald Trump or his companies have not taken out loans from or received financing from. In fact, that’s more or less his entire business model. This lengthy ABC piece details how each and every one of them has at one time been circling Trump or his companies as they have been left holding the bag for all or part of loans he took out from them.
If Ted Cruz is owned by Citibank and Goldman Sachs just because he once took out a loan from them, then what that means is that he is owned by a several fewer banks than Donald Trump is.
So what. Donald is not a politician nor was he required to put it on forms like Cruz didn’t do and lied about it. Trump is a business man. Cruz is just a liar who used his wife to get the loans.
If anyone kills conservatism, it’s Cruz. He outright lied about his loans, he wanted triple VISAs, he’s for TPP, and much more. The voters are finding out how he is in for himself. Cruz is not conservative. Cruz is for Cruz.
Yeah, but were they election loans that Trump failed to report on the required Federal Election Commission report forms that Trump used to attack Wall Street with while he was taking loans for his election from Wall Street?
BTW, ALL business people and pretty much ALL citizens take out business or personal loans many times during their lives, and many, if not MOST, of these loans are from too-big-to-fail banks.
Lets get real
- These were business loans not loans to run for office
- Trump isn’t married to a Goldman exec
- Trump doesn’t have a FEC complaint over his head over these loans.
The so called Conservative media is in full out meltdown mode.
Top Hedge Fund Billionaire Cruz Donor needs influence with IRS
The list of shady dealings is so long I tire of posting more than a couple at one time.
Cruz’s loans were public notice. He didn’t lie about them. In interviews he talked about them.
move on to the next attack. this ones failed to move Cruz supporters
I can just imagine, the Good Ol Boy club of GOP elites in D.C. laughing together at the nightly D.C. cocktail party, “Those dumbass conservatives believed every promise we made in 2014, we didn’t do even one of them, we lied on every one of them, and now the conservatives want ONE OF US to be PRESIDENT! HAHAHA! Dumb SOBs!”
Really? Ted Cruz is worse than Hillary? Sarah Palin isn’t the mother of her own baby? Sound familiar?
If Trump does have shares of Goldman-Sachs and has had loans from Citibank, how is this an attack, vicious or otherwise?
Back to Canada, where you belong...
Victoria, British Columbia...
God must be mighty confused cause there’s many praying for a Cruz victory.
And I can’t wait for Trump to go back to New York and continue to donate to leftist politicians
You marvelously self-ingenious person, you.
RedState was GOPe long before Trump declared his candidacy.
Have you bothered to read their archives?
They trade off the misery of American taxpeasants.
You mean the loan that was on the Senate filing? Sinister, that.
So you ADMIT that you want Trump to donate to Cruz, the Vampire Squid's guy in Washington.
Shhh. You’ll make heads explode.
“RedState was GOPe long before Trump declared his candidacy. “
National Review was not GOPe so my point remains valid. I just find it funny that Trump supporters rely on WAPO, NYT, MSN, FOX, and Salon as “reputable” sources for polls and policies because they support Trump even those each of those media sources is known liberal/GOPe, but Trump supporters now condemn every media outlet that does not support Trump even if that media outlet is traditionally very conservative. It is becoming quite a joke.
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