.... unsecured loan to support a campaign is an idiot.
Dude - it was a SECURED LOAN. Google is your friend.
Dude, a man with Cruz’s meager income and wealth taking out such a large loan to run for office simply reeks of funny business!
It’s a yuuuge red flag.
One imagines no circumstance under which the loan would be called in and the borrowers assets seized.... this is why the FEC takes such great interest in this sort of goings on.
If the law REQUIRED action to collect on such a debt there would be no problem. Financing a political campaign using personal debt should not be allowed.... it’s an obvious way to launder campaign $$$ Not so dissimilar to the monies funneled to Hillary long ago by a donor who took both sides of the futures market so she could not lose. (cattle futures)