CRUZ LOANED HIMSELF THE MONEY .. FROM HIS OWN ACCOUNTS.
There is nothing irregular about it.
You’ve posted this at least seven times, so obviously you ARE worried. It’s going to be a long month. It might be hard, but you’ll be okay.
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.
“The Citibank loan, also for as much as $500,000, was a line of credit, and it is not clear from Mr. Cruz’s letter what collateral, if any, was used to obtain it. Mr. Cruz’s presidential campaign has declined to answer questions from The Times about the Citibank loan.”
No matter how many times you say it, Cruz already admitted weeks ago that he failed to report the loans on a form. Wouldn't be a big deal if it was his own money.
It's not gonna fly....