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Ted Cruz explains the non-story about his Goldman Sachs loan – [VIDEO]
The Right Scoop ^ | Jan 14, 2016 | The Right Scoop

Posted on 01/14/2016 7:18:11 AM PST by Isara

When you’re at the top the attacks come at you from everywhere. In this case it was a NY Times article that, as Levin suggested last night, was fed to them by some Republican operative working for another campaign. But just like the Trump-ed up birther story, it’s another non-story.

Ted Cruz explains below:

Ted Cruz explains Goldman Sachs loan (Video)

It’s no surprise that Ted Cruz is actually human and makes errors like the rest of us. As he said, the loan against his assets has been disclosed in a variety of other ways so it’s not something he’s been trying to hide. And he’ll amend the filing to fix that should the reports be correct.

There is no conspiracy here. Cruz was going up against Dewhurst who was spending millions upon millions of dollars. It takes money to compete at this level and Cruz was certainly the underdog.

So as I said, nothing to see here. If this is all they have against Cruz, if this is all the dirt they can find on him, then this ‘smoking gun’ is nothing more than a broken water pistol.


TOPICS: Breaking News; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: cruz; goldmansachsloan; newyorktimes; nonstory; nyt; nytimes; tcruz; tedcruz
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To: Trumpinator

Well.... it worked for Obama. He just turned off the credit card verification on his website so world Islamists were able to make lots of $100 donations under names like Mickey Mouse, no questions asked. And then when Obama was in office the FEC said the winner gets to write the history...

I hear what you’re saying and agree, but at some point SOMEBODY should take up the issue of why the foreign enemy combatant in our White House right now was given a totally free pass on everything.


61 posted on 01/14/2016 8:30:16 AM PST by butterdezillion
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To: Arthur Wildfire! March; Greetings_Puny_Humans; Cboldt; Helicondelta
......how does a US senate candidate....a lawyer w/ two Ivy League degrees..... forget to declare a $million dollar loan from a powerhouse Wall Street firm that employs his wife?.....

That does seem odd. His strange excuse for his behavior is that his opponent was spending millions.

IOW, it was somebody else/s fault.

The liberal game of Becoming a Victim is not something conservatives like to see in a presidential campaign.

Makes you wonder what else he/s jerked around or falsified to realize his political ambitions.

And let/s not forget, Golman Sachs does not throw around a million dollars b/c they/re nice guys. What did Cruz have to promise to get the million?

62 posted on 01/14/2016 8:32:10 AM PST by Liz (SAFE PLACE? A liberal's mind. Nothing's there. Nothing can penetrate it.)
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To: Gunpowder green

I believe she quit that job.


63 posted on 01/14/2016 8:35:50 AM PST by TribalPrincess2U (0bama's agenda�Divide and conquer seems to be working.)
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To: Liz

I think the point would be that he was scrambling like crazy because the cards were all stacked against him. And they were. It had to be a crazy time, and when things are crazy you make stupid mistakes on stupid things like bureaucratic forms. That’s why we have a chance to amend tax returns or filing extensions. Was this right at the same time that Lois Lerner was putting “True the Vote” through bureaucratic hell, to keep them from being able to get anything else done? If you’re a candidate you HAVE to be able to get things done - especially if the opponent and the GOPe are fighting you with a LOT of money and a LOT of manpower.


64 posted on 01/14/2016 8:38:35 AM PST by butterdezillion
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To: Liz
And let/s not forget, Golman Sachs does not throw around a million dollars b/c they/re nice guys.

It was a margin loan. They weren't throwing money around. If you had a stock account at Goldman, or TD Ameritrade, or Schwab etc, you could get a margin loan too.

What did Cruz have to promise to get the million?

Nada.

65 posted on 01/14/2016 8:43:24 AM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: butterdezillion

It is something to look forward to (/snix).

A president getting rattled when events pile up......so he takes to the airwaves to whine that the whole world is against him.


66 posted on 01/14/2016 8:46:45 AM PST by Liz (SAFE PLACE? A liberal's mind. Nothing's there. Nothing can penetrate it.)
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To: Isara
Non Story is correct. A line of credit made available through existing assets which are investments. Kind of easy to get and to explain.

67 posted on 01/14/2016 8:47:11 AM PST by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: skeeter

The dollar amount for the Goldman loan is wrong in that link? It was half a million and that is not what is disclosed here.


68 posted on 01/14/2016 8:56:36 AM PST by Trumpinator ("Are you Batman?" the boy asked. "I am Batman," Trump said.)
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To: HoosierWordsmith

A lawyer who gets his paper work wrong.


69 posted on 01/14/2016 8:57:14 AM PST by Trumpinator ("Are you Batman?" the boy asked. "I am Batman," Trump said.)
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To: Trumpinator

Baloney. It’s a margin loan against an equity account, which is kind of like loaning yourself money.

At commercial terms.

That was repaid.

And, contrary to the story, disclosed.


70 posted on 01/14/2016 8:57:18 AM PST by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem)
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To: butterdezillion

Obama is a bad role model in credibility - that man is a cypher.


71 posted on 01/14/2016 8:58:11 AM PST by Trumpinator ("Are you Batman?" the boy asked. "I am Batman," Trump said.)
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To: Jewbacca

Not my Cruz to bear.


72 posted on 01/14/2016 8:58:42 AM PST by Trumpinator ("Are you Batman?" the boy asked. "I am Batman," Trump said.)
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To: Mac n Jac

Donald Trump: A concern troll is a person who participates in a debate posing as an actual or potential ally who simply has some concerns they need answered before they will ally themselves with a cause. In reality they are a critic.


73 posted on 01/14/2016 9:00:00 AM PST by mongrel (Donald Trump acts like a concern troll. A weasel. He should stop.)
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To: McGruff

Except, Cruz did disclose it. In fact, here’s the form:

https://twitter.com/kerpen/status/687461435522285568


74 posted on 01/14/2016 9:01:58 AM PST by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem)
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To: Trumpinator

Welcome to FreeRepublic.

Are you from India or South Africa?

There are two gas lighting operations going on, and I like to keep my paid posters straight.

Do multiple people use the same account, or just you?


75 posted on 01/14/2016 9:03:33 AM PST by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem)
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To: skeeter

If it was disclosed to the appropriate people, banks, loan officers, goverment officials then there is no problem.

I bet there is some more questionable and damming “ paper work “ that Trump is hiding, or does not want anyone to see “ waiting to be disclosed.


76 posted on 01/14/2016 9:03:49 AM PST by American Constitutionalist (Trump is the pawn and creation of the Media and Political Establishment)
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To: Isara
It was a "margin loan on a brokerage account," "which has been reported many times."

Yeah, the story is about this yuge.

77 posted on 01/14/2016 9:04:51 AM PST by St_Thomas_Aquinas
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To: Jewbacca
So you resort to argumentum ad hominem?

Victory is mine as it will be Trumps.

78 posted on 01/14/2016 9:06:51 AM PST by Trumpinator ("Are you Batman?" the boy asked. "I am Batman," Trump said.)
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To: lodi90
Cruz told the people of Texas during that he was raiding the last pennies in his piggy bank for his grass roots campaign while in reality it was Government Sachs' pile of cash.

It was a margin loan on HIS brokerage account that was already reported many times.

That's much different from running a "charitable" foundation that only accepts donations from business associates, that looks very much like a kickback scheme.


79 posted on 01/14/2016 9:08:19 AM PST by St_Thomas_Aquinas
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To: Isara

Never in a million years would I have guessed that in the 2016 race Ted Cruz would be the target of the vitriol of so many Freepers. Ted Cruz. Wow.


80 posted on 01/14/2016 9:10:25 AM PST by dinoparty
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