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Cruz turns down FEC on campaign-loan disclosure
Yahoo News ^ | March 10th, 2016 | Michael Isikoff

Posted on 03/10/2016 8:23:07 PM PST by Mariner

Ted Cruz has rebuffed a request by Federal Election Commission to disclose more information about some $1 million in loans he received from two major Wall Street banks during his 2012 Senate campaign.

In a letter to the FEC this week, the treasurer of Cruz’s 2012 campaign turned down a request by agency auditors that it fill out a public form spelling out “the complete terms” of two personal loans Cruz received from Goldman Sachs and Citibank– the proceeds of which, he has since acknowledged, he used to finance his upstart race for the Senate.

“They’re stalling on what they should have disclosed four years ago,” charged Craig MacDonald, executive director of Texans for Public Justice, a liberal advocacy group that has filed one of two complaints with the FEC over the loan issue. “This is a critical point in the presidential campaign and they don’t want any more new information about it coming out now.”

The Cruz campaign did not immediately respond to a request for comment. But in his March 8 letter to the FEC, Bradley Knippa, the treasurer of Cruz’ 2012 campaign, offered this explanation for not responding to the request from FEC auditors: It is already cooperating with another arm of the agency, its enforcement division, which is conducting a separate review of the loans in response to the complaints filed by MacDonald and another advocacy group. And those reviews are conducted under strict confidentiality rules that, Knippa argued, forbid making any more information public.

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


TOPICS: Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: canadian; cruz; cruzie; explainsalot; fec; fedelectcommission; ineligible
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We'll find out the funding details of the 2012 Senate Campaign after this election.
1 posted on 03/10/2016 8:23:07 PM PST by Mariner
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To: Mariner

Release the tax returns. Hiding something. Mob.


2 posted on 03/10/2016 8:24:56 PM PST by TornadoAlley3 ( I'm Proud To Be An Okie From Muskogee)
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To: Mariner

Drip, drip, drip...


3 posted on 03/10/2016 8:25:52 PM PST by 867V309 (It's over. It's over now.)
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To: Mariner

I wondered why he dropped the demands for Trump’s tax returns. This story explains everything.


4 posted on 03/10/2016 8:25:59 PM PST by Sasparilla (Hillary for Prosecution 2016)
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To: Mariner

Hillary wouldn’t do such a thing & Yahoos News would never report it anyhows


5 posted on 03/10/2016 8:27:59 PM PST by Insigne123 (It is the soldier, not the community organizer, who gives us freedom of the press)
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To: Mariner

Insufficient collateral?

Already, Texans didn’t like how Cruz said he busted the piggy bank to fund his come from behind win in the Senate race to only find out later about these loans.


6 posted on 03/10/2016 8:30:45 PM PST by Religion and Politics
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To: Mariner
probably trivial, but if he's the nominee, Hillary will hang it around his neck like an albatross.
7 posted on 03/10/2016 8:30:56 PM PST by hinckley buzzard
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To: Mariner

What’s Ted got to hide now?


8 posted on 03/10/2016 8:31:26 PM PST by Red Steel
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To: Sasparilla

“I wondered why he dropped the demands for Trump’s tax returns. This story explains everything.”

Sure does. Not looking good for Ted.


9 posted on 03/10/2016 8:32:10 PM PST by Parley Baer
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To: TornadoAlley3; Mariner

No more lawyers in the White House!


10 posted on 03/10/2016 8:32:54 PM PST by onyx (You're here posting, so sign-up to DONATE MONTHLY!)
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To: onyx
“No more lawyers in the White House!” or in congress or in DC.

BTW, have you heard this one. What is the difference between a cat fish and a Lawyer? Well on is a bottom feeding scum sucking scavenger and the other is a fish!

11 posted on 03/10/2016 8:37:15 PM PST by stubernx98 (cranky, but reasonable)
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To: Sasparilla

Certainly does explain a lot doesn’t it. Silence of the lamb, here, is Cruz’ new theatrical role.

Amazing. Liberal Isikoff is a good reporter.


12 posted on 03/10/2016 8:38:16 PM PST by RitaOK ( VIVA CRISTO REY / Public education is the farm team for more Marxists coming)
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To: onyx

We need somebody like him that can not just read the law but understand what it says. Trumpy is not to that point yet.


13 posted on 03/10/2016 8:39:16 PM PST by biff
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To: Mariner

This is no surprise... it ties perfectly with the reason Cruz refuses to release his CRBA... FYI, if you have something to hide, you are not telling the truth. We are witnessing an Obama campaign 2.0!!! Heck, who needs Hillary when we have Obama II dressed up as a Republican?


14 posted on 03/10/2016 8:39:42 PM PST by patlin ("Knowledge is a powerful source that is - 2nd to none but God" ConstitutionallySpeaking 2011)
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To: justlittleoleme; 2ndDivisionVet

There has got to be a way to spin this so Ted comes out looking like an honest, Christian, consistent Conservative, but I can’t think of it. Can you folks help me out here?


15 posted on 03/10/2016 8:41:22 PM PST by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR!)
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To: biff
We need somebody like him that can not just read the law but understand what it says

Someone who does not understand that the 14th Amendment & A2 presidential qualifications state that the natural born are those born on US soil have no business living in the White House. But hey, if you like Obama, then go ahead and vote Cruz so the Constitution can be shredded further than it is.

16 posted on 03/10/2016 8:43:01 PM PST by patlin ("Knowledge is a powerful source that is - 2nd to none but God" ConstitutionallySpeaking 2011)
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To: SubMareener
There has got to be a way to spin this so Ted comes out looking like an honest, Christian, consistent Conservative, but I can’t think of it. Can you folks help me out here?

I got nothing unless you want to use Judas Iscariot as an example

17 posted on 03/10/2016 8:44:43 PM PST by patlin ("Knowledge is a powerful source that is - 2nd to none but God" ConstitutionallySpeaking 2011)
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To: onyx

Amen onyx!


18 posted on 03/10/2016 8:44:59 PM PST by AllAmericanGirl44
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To: Mariner
Hedge fund guy bankrolling Cruz;

Click link -->> Google search "Ted Cruz" "Robert Mercer" tax evasion

Mercer owes something like 6 billion in taxes.
19 posted on 03/10/2016 8:46:59 PM PST by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: patlin

You a member of the supreme court? Oh, didn’t think you were so go sit down and let the pros take care of that decision.


20 posted on 03/10/2016 8:47:17 PM PST by biff
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