Listed as a personal liability, Cruz doesn't have to tell people he got a loan to pay for his campaign. There's every reason to lie about it since it changes his narrative.
"Sweetheart, I'd like us to liquidate our entire net worth, liquid net worth, and put it into the campaign," he says he told his wife, Heidi, who readily agreed.
But their actual net assets went up $400k. Cruz made a million a year as a lawyer and Heidi six figures from Goldman.
The $500k loan from Goldman funded their campaign so as to not impinge on their high-end lifestyle and they knew it was counter to their campaign image. So, they didn't properly disclose it.
A spokeswoman for Mr. Cruz's presidential campaign, Catherine Frazier, acknowledged that the loan from Goldman Sachs, drawn against the value of the Cruzes' brokerage account, was a source of money for the Senate race....The failure to report the Goldman Sachs loan, for as much as $500,000, was "inadvertent," she said, adding that the campaign would file corrected reports as necessary.
Believe what you want. But it is an ongoing saga of Cruz as a globalist, corporate hack who tugs on the heartstrings of those who desperately want a faith-filled champion, of which he isn't.
Earlier this year, when asked about the political clout of Goldman Sachs in particular, he replied, "they seek out and get special favors from government."