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Who's funding this pro-Ted Cruz super PAC?
CNN ^ | February 6, 2016 | Theodore Schleifer

Posted on 02/06/2016 1:14:48 PM PST by Jane Long

Manchester, New Hampshire (CNN)A super PAC spending millions of dollars to bash Ted Cruz's Republican rivals is shielding the names of many of its top donors and strategists, accepting and directing donations through a particularly high number of hard-to-trace companies, new documents reveal.

Stand for Truth, Inc., an emerging player in the orbit of often clashing constellation of pro-Cruz super PACs, recently pledged to air more than $4 million in television ads to back Cruz in Iowa and South Carolina. Super PACs can accept unlimited contributions but are required to disclose their financial backers.

The twist here is that Stand for Truth has accepted more than $1 million in donations from corporations or limited liability companies, whose funders are difficult to uncover, meaning the original source of the campaign cash is hidden. While corporations can make donations to super PACs, an LLC allows individual donors to steer cash through easy-to-register, self-owned organizations.

"LLCs seem to be a new vehicle for laundering money into elections," said Paul Ryan, a campaign finance reformer worried about donors essentially using them as shell companies to transfer cash anonymously. "It's really hard to find out about LLCs. That's one of the reasons they've become popular."

Stand for Truth has largely operated quietly, not responding to questions about new television advertisements from media .....

SNIP

.....No leadership beyond the treasurer who filed its federal elections forms, a former counsel to Mitch McConnell named Eric Lycan, has publicly identified itself. Lycan has not responded to repeated requests for comment from CNN about the group's activities, and he declined to talk by phone this week. He did say in an email on Friday that the group was run by "consultants from across the country committed to electing a courageous conservative as our next President."

(Excerpt) Read more at cnn.com ...


TOPICS: Government; News/Current Events; Politics/Elections
KEYWORDS: 8675309; cfrheidicruz; coc; cruz; dirtytricks; mcconnell; pac; pacowned; trump
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To: Jane Long

Well we will no doubt hear how it is all legal and very Christian since Cruz seems to readily play right on the line. According to his supporters he is never devious or underhanded. You can be sure with those amounts and the hidden names we will never know who all be looking for favors if he is elected but someone will.


41 posted on 02/06/2016 1:37:07 PM PST by nclaurel
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To: AuntB

Trump would probably be thrilled if you spent as much time building him up as you do wagging your tongue over Cruz.

You sound ridiculously angry.


42 posted on 02/06/2016 1:38:02 PM PST by Nickname
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To: Jane Long

And the problem is?


43 posted on 02/06/2016 1:38:21 PM PST by libbylu (Cruz: The truth with a smile.)
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To: Reagan Disciple

Why is Cruz hiding where the money came from?
What is he hiding?


44 posted on 02/06/2016 1:38:45 PM PST by tennmountainman ("Prophet Mountainman" Predicter Of All Things RINO...for a small pittancez)
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To: Reagan Disciple

Based on a former staffer? You posted with that intention......


I posted and/or referred to what is in the article.

What is YOUR intention?


45 posted on 02/06/2016 1:39:49 PM PST by Jane Long (Go Trump, go! Make America Safe Again :)
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To: grania

No, don’t hold your breath ;)

And don’t bet on no communication either -

“And largely funding the group is Adam and Tara Ross, a Dallas couple close to Ted and Heidi Cruz who together gave $1 million of the $2.5 million raised.”


46 posted on 02/06/2016 1:40:09 PM PST by Duchess47 ("One day I will leave this world and dream myself to Reality" Crazy Horse)
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To: Jane Long

>> CRuz dirty trick operatives and their McConnell connections...Hmmmmm. <<

Seriously? Trump is a big-time McConnell donor, helping rescue him from a tea-party insurrection, and you’re trying to make Cruz to be the McConnell guy? That’s pathetic, sleazy, dishonest, and yes, dirty. Filthy as hell, actually.


47 posted on 02/06/2016 1:40:26 PM PST by dangus
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To: entropy12

We all know Cruz lies. Bought and paid for


48 posted on 02/06/2016 1:40:27 PM PST by jokemoke
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To: tennmountainman

That’s the $5M question!


49 posted on 02/06/2016 1:40:40 PM PST by Jane Long (Go Trump, go! Make America Safe Again :)
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To: Cboldt

How about a bold and risk taker conservative?


50 posted on 02/06/2016 1:41:40 PM PST by entropy12 (Trump is the only one not bought off by elites.)
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To: Reagan Disciple
"Quite possibly the most ridiculous thing ever posted here..."

You must have missed the posts about cold fusion, 6000 year old Earth, and aliens.

51 posted on 02/06/2016 1:42:48 PM PST by EEGator
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To: napscoordinator; Jane Long

WBUR Poll: In N.H., Dem Race Tightens Slightly, Trump Stays Ahead On GOP Side (Cruz, Rubio tied)
http://www.freerepublic.com/focus/f-gop/3393466/posts


52 posted on 02/06/2016 1:44:44 PM PST by 2ndDivisionVet (TED CRUZ 2016)
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To: Jane Long

Indeed


53 posted on 02/06/2016 1:44:50 PM PST by Nifster (I see puppy dogs in the clouds)
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To: Jane Long
“CRuz dirty trick operatives and their McConnell connections...Hmmmmm.” - Jane Long

Does this not imply that Cruz is connected to McConnell via this PAC and his campaign staffers? Sure looks like it.

So I simply stated that this insinuation based on the identification of a former McConnell staffer is quite ridiculous to put together based on the fact that the entire GOP establishment has been going after Cruz full throat.

Now, if you want to talk McConnell connections, we can discuss Trump donations to his campaign and his praise about how he can work with him as Senate leader if you wish?

54 posted on 02/06/2016 1:47:25 PM PST by Reagan Disciple (Peace through Strength)
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To: EEGator

You are correct. I did miss those.

I’ll qualify by stating....”about this election cycle.”

Thanks for the help.


55 posted on 02/06/2016 1:48:35 PM PST by Reagan Disciple (Peace through Strength)
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To: Duchess47

...another Goldman Sachs or Citibank scandal?...


56 posted on 02/06/2016 1:49:05 PM PST by HarleyLady27 ("The Force Awakens"!!! TRUMP;TRUMP;TRUMP;TRUMP!!! 100%)
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To: Reagan Disciple

Why don’t you tell us why Cruz is hiding where the money came from.


57 posted on 02/06/2016 1:49:14 PM PST by tennmountainman ("Prophet Mountainman" Predicter Of All Things RINO...for a small pittancez)
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To: Jane Long; All

OK this Eric Lycan, LAWYER is all wound up with the US Chamber of Commerce. I do find it MOST interesting that many of Cruz’s supporters/funders are open border, free traitors (TPP).

http://theconservativetreehouse.com/2016/01/26/senate-majority-leader-mitch-mcconnell-attorney-heads-pro-cruz-anti-trump-super-pac/comment-page-1/


58 posted on 02/06/2016 1:50:25 PM PST by AuntB (Illegal immigration is simply more "share the wealth" socialism and a CRIME not a race!)
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To: Jane Long

It aint Donald Trump.

Ge the Dons moneys is a mystery.


59 posted on 02/06/2016 1:51:37 PM PST by mylife
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To: Reagan Disciple

Like I said....I posted was is in the article. You don’t like it, I see.

Big whoop, to me.

Now.....back to the substance of the article.....


60 posted on 02/06/2016 1:52:10 PM PST by Jane Long (Go Trump, go! Make America Safe Again :)
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