Posted on 02/03/2016 2:25:15 PM PST by FR_addict
By now most people are aware of the controversy surrounding Candidate Ted Cruz and his failure to reveal $1.3 million in campaign "loans" from Goldman Sachs and Citibank during his 2012 campaign for the senate. At the heart of the issue is a failure of Ted and Heidi Cruz to list Wall Street "loans" on the required Federal Election Commission financial reports.
Together with the campaign officials the Cruz's say the non-reporting was an accidental oversight. However, a watch dog group has now filed a complaint with the FEC which is step one to beginning an FEC investigation.
Update! Today the FEC requested information from the Cruz campaign, with a response due by March 8th: The full complaint (pdf) is outlined below. However, the larger question behind the complaint would be the motive for Ted and Heidi Cruz to hide the source of their campaign funds. The activity the complainant is presenting to have the FEC investigate, if proven accurate, is factually illegal.
The "accidental omission" is not necessarily the problem. The irreconcilable consequences from an accurate filing are the larger issue.
They can correct the missing information and file amended reports. However, if the Cruz campaign corrects the record based on the explanations to the media, the amended reports will reflect their violations of federal campaign finance laws...
(Excerpt) Read more at theconservativetreehouse.com ...
I went back to post 47 and looked. This is what you posted. Nobody but a mod and JR has the ability to change/delete a post after it's been posted
To: gwjack
He is on Trump's payroll.
47 posted on 2/3/2016, 2:53:42 PM by gov_bean_ counter (Trump to McCain - "Pass the strawberries".)
[ Post Reply | Private Reply | To 39 | View Replies | Report Abuse]
You must be mistaken.
Yes, my mistake. I took for a rational FReeper. I guess your meds ran out.
Yeah, wait until they have to digest that Teddy paid down those loans with donor money from his Senate run. LOL
Haha! That was hilarious!
He lied about Sundance and has been deflecting ever since.
Good point. There may be more irregularities with those loans than anyone yet knows. It will be fascinating to see the facts come out.
Wouldn’t the founding fathers be appalled that a citizen either has to be a multi-millionaire or be backed by banks or special interest groups, expecting to have favors returned, to run for President these days.
Why would they be interested, she’s a RAT.
Disclaimer included that Cruz is my first pick for a nominee.......IF the FEC, (and not the kangaroo court of public persuasion), says Cruz has done something illegal, I'll be the first to say "bye, bye, Ted"
I’m waiting with baited breath! Best election ever!
Under this administration, the FEC is likely to be as close to a kangaroo court as you'd find anywhere.
At the very least, the most interesting election ever. And to think New Hampshire hasn’t even voted yet. The cycle is young.
Thank you for the laugh.....I didn't factor that into the equation.
Yep. Stupid tactic.
Another fecal contribution from the “conservative” outhouse.
You means “loans” or “donations”?
The kind that Al Gore got from the Buddhist temple, or the one that the Clinton’s got from Terry McAuliff to purchase a mansion in Chappaqua, NY so that queen Hillary could get coronated with a Senate seat?
FEC rules are only for little people and Republicans. Look up the words “Peter Paul campaign scandal” to see what the Clinton’s get away with.
The commission members are appointed by the President, so the math isn't going to be real complicated.
One of the loans was a margin loan.
>>WOW! Talk about a campaign that is derailing.<<
Cruz seems like he may have peaked in Iowa. Maybe that’s why he gave the smarmy, rambling victory speech, going on and on about mommy, daddy and God but forgetting to mention, jobs, immigration, economy or trade. I think he KNOWS.
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