Why is “loans” in quotation marks?
Because this has become a psycho web site.
Why is “loans” in quotation marks?
Maybe it’s as in wink, wink.
Because the author, Trump campaign staffer “sundance,” hates Cruz and looks for any way to demean him.
Because the CitiBank line-of-credit load was reported by Cruz to the Senate without identifying the collateral. FEC rules forbid unsecured loans because they can be used to launder contributions in excess of the Federal limits.
As for the Goldman Sacks loan, it is not clear whether or not this was a joint account with his wife, Heidi. If it was a joint account, or worse, if it was her account, then Heidi violated the FEC limits on contributions.
So all in all, this is a big deal.
Because it’s obvious to anyone who’s an adult that these are not loans. LOL. This is one way money is laundered and donated to a candidate-—they give him a “loan” which is either never paid back, and written off, OR more likely paid by a third party. It’s audit proof as far as the bank goes. But the FEC figured out a long time ago what is up with these “loans.” Especially if it’s Goldman Sachs (for whom Heidi Cruz is a senior executive) or any bank.
CRUZ LOANED HIMSELF THE MONEY .. FROM HIS OWN ACCOUNTS.
There is nothing irregular about it.
The same reason they call them “Wall Street loans”. To make it sound more ominous than it really is.