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 don’t condone that for either side.
Neither should you.
I was just waiting for someone to say: “Yeah, but it’s nothing compared to the Clintons.”
Watchdogs file complaint against Cruz on undisclosed loans
I hear ya.
This is the complaint
http://www.campaignlegalcenter.org/sites/default/files/FEC%20Complaint%20Against%20Cruz_0.pdf
The same reason they call them “Wall Street loans”. To make it sound more ominous than it really is.
All political. The FEC doesn’t have all the authority over the type of loan he took out.
Trump isn’t required by the FEC to report all of his own money he is spending and Ted spent HIS and his wifes money and paid it all back.
Levin had a former FEC commissioner on his show explaining this.
Get out the weeds folks.
So I guess all the “hate Cruz” fanatics on this thread will investigate just as thoroughly Trump’s loans to his campaign, which will be multiple millions. I guarantee not all that money is clean as a whistle.
They share similar tactics that’s for sure, but mostly, both Cruz and Hillary lived (from high school in Ted’s case, and from college in Hillary’s) to grab the presidency.
It’s just too odd to fathom the length of life lived with one obsession to climb, and climb and shape your ascension according to your ambition for the presidency. Maybe I have lost all sense of proportion of what ambition can do.
Yes, the US Senate was Ted’s stage act to dump and then run.
He doesn’t want to be in the Senate, we now realize. He will probably not even run for reelection. He may not get returned to the Senate even if he decides to do that.
~”At the very least, the most interesting election ever.”
RIGHT? Every day I wake up wondering what crazy, kooky, oddball thing will be happening. And not just from the candidates, but we’ve got Rush (propping Rubio the past few days) Levin insulting half of his audience with his over the top early support for Cruz, Coulter (of all people) who seems to support Trump - it’s such a very different Presidential race than has ever been! It’s actually fun.
Psycho?
You mean similar to Redstate? Maybe, Conservative Review?
uh, huh.
The Cruzites think teddy is mr conservative don’t you know. Bunch of rubes.
Hilliary should go to jail for doing it but teddy well he is so conservative let’s just ignore it.
Actually the FEC responded and is asking Cruz more questions that he must respond to by March 8th.
Guess they are in the tank for Trump too./s
Me too! Now we see why the nasty came pouring out. Look at St. Cruz!
I read somewhere I can’t remember that they were repaid. But by whom was unknown. It was a couple of weeks ago. If I find more I’ll try to post on this thread. If I can remember to...
...out of context? Another lie, no wonder you relate to teddy so much.
;)
Campaign finance watchdogs are calling on the Federal Election Commission (FEC) to investigate allegations that GOP presidential hopeful Sen. Ted Cruz (R-Texas) failed to report loans from his 2012 Senate race.
The complaint on Wednesday from the Campaign Legal Center and Democracy 21 comes about a week after The New York Times reported Cruz had failed to disclose two loans worth up to $500,000 each, one from Citibank and another from Goldman Sachs.
Not the holier-than-thou politician he claimed to be, eh?
And that a natural born citizen includes having one or two foreign nationals as parents, and/or be born on foreign soil.
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