But Cruz did not disclose them to the Federal Elections Committee, and apparently was telling Texans about a touching story of love and sacrifice when none of it was true.
Far more likely that as Frazier claims, this was a simple reporting error.
It was at least 500 thousand dollars up to a million. Frazier admits 500 thousand was used towards his campaign run.
I’m more interested in the hundreds of millions loaned to Trump by Credit Swiss and Morgan Stanley. Talk about bought and paid for!
"There would have been nothing improper about Mr. Cruz obtaining bank loans for his campaign, as long as they were disclosed. But such a disclosure might have conveyed the wrong impression for his candidacy.
Mr. Cruz, a conservative former Texas solicitor general, was campaigning as a populist firebrand who criticized Wall Street bailouts and the influence of big banks in Washington. It is a theme he has carried into his bid for the Republican nomination for president".
Ted is what he always was, a fraud politician who will say and do anything to get elected.
Taking out a loan of that size involves personal risk and ssacrifice. When was the last time you asked your spouse to take out a loan that big?