they can't/won't change the terms of his loans depending on what he says, so... what?
Posted on 02/12/2016 8:27:07 PM PST by TBP
When Donald Trump heard that Ted Cruz had taken out a loan from Goldman Sachs (against his own investments, by the way), he lashed out at his rival. The loan proved that Cruz was owned by the banks! He could not be trusted! He'd just do Goldman's bidding!
Oh my, how terrible! Yes, Cruz was clearly a crony of the big banks.
This criticism caused the Cruz campaign to study Trump's own finances a bit. What they've discovered is downright shocking:
Republican presidential hopeful Ted Cruz on Sunday said GOP front-runner Donald Trump owes “hundreds of millions or even billions†in unpaid loans. “If you look at his financial disclosure, he owes at least $480 million right now, and it could be billions,†Cruz said on “Fox News Sunday.†Cruz then lashed out at Trump for criticizing him for taking out a one million dollar loan:
He knows this loan story is complete nonsense. It’s also the height of chutzpah for someone who owes hundreds of millions of dollars, if not billions of dollars, to attack Heidi and me because we put our life savings into running for Senate. And that brings me to The Donald's character. This man is a pathological liar with no moral compass whatsoever. Time and again, he accuses his rivals of doing something he -- Trump -- himself is guilty of it. See also his accusation that evangelical leader Bob Vander Plaats demanded $100,000 to speak at a rally in Iowa, with the facts proving that Trump demanded that incredibly amount and got it.
(Excerpt) Read more at pjmedia.com ...
How many times ave Ted Cruz gone bankrupt and defaulted on repaying his loans?
Trump?
Who is as good as his word?
Who is better with money really?
You only get a bankruptcy ruling when you have so screwed the pooch on a deal beyond repair.
I didn’t realize Libbylu had two usernames.
Trump has billions in assets and big building projects and he finances them. Yup that’s how capitalism works.
Go, Cruz, Go!!
Go, Trump, GO!
So you justify Trump saying Ted Cruz is owned by banks because he borrowed a million bucks with his retirement account as collateral, (fully secured loan)
But Trump is not owned by the banks when he borrows a hundred times as much on a speculative loan and declares bankruptcy when he cannot pay!
Me thinks you are so biased you are not thinking.
Do you know the difference between pyramid scheme and a multi level marketing co? They skirt the law .... Many come out of Utah because Utah has few laws regulating them and most states consider them illegal
Read the articles I’ve posted , educate yourself a bit . be skeptical all you want about what I think... but if your healthy you will retain some of your skepticism for Trump also
Oh geez, not your sh** again. You are so ignorant, so very ignorant.
they can't/won't change the terms of his loans depending on what he says, so... what?
That you Ted? Or Glenn? No one cares. He has a personal business that is HIS.
His campaign is HIS. He owns it and he finances it. He isn’t owned by Goldman Sachs or any of Jebbie or Rubiobots Pacs. Nor Cruz and Beck.
These sleazy attacks just aren’t working.
Read ‘em and weep.
A bear? just guessing.
People act like Trump was just playing Monopoly something they may be familiar with, not running a Multi Billion Dollar Enterprise. Take the poor Widow's House, collect $200. Pure BS... I know first hand that the Business is very complex, so this oversimplification of what Trump did or didn't do in his Business Dealings is nothing but Keyboard Kamikaze's trying to get their licks in with those they disagree with. I met the Politicians my B-I-L had to deal with, the other Developers, Partners and Competitors he had to deal with and I heard what it took for him to get Building Projects off the ground in both Los Angeles and Las Vegas.
I read these Threads and it's like a bunch of know nothing Children talking about a subject they are completely ignorant of.
I bite my Lip and try to add a bit of humor when I decide to Post, but I think EVERYONE here is taking their eye off the Ball, defeating the DemoncRats.
One other thing. I keep seeing People invoking Ronald Reagan in their arguments. Well, I'm sorry to say it but in this day and age Ronald Reagan could never win the Presidency.
People had better break out of the FR Bubble they choose to surround themselves with. No POTUS, no matter their beliefs or their Party will rid the Country of Abortion, Gay Marriage or some sort of National Health Coverage.
They may be able to restrict some aspects of Abortion, but they will never end it. Same for Health Coverage, you don't just cancel Obamacare without an alternative, hopefully a Free Market solution.
Entitlements do not die, they may evolve if you're lucky enough to have somebody that can convince the Masses that it is in their interest, but they NEVER go away. Heck, Reagan got people to accept that the Social Security Full Retirement Age would go up to age 67 from age 65. Of course, the early S.S. Retirement age wasn't changed at all, wonder why? Might have something to do the with the Howling that would have ensued. Disclaimer: I am a Cruz first, Trump second kind of guy and I have full Immunity from both CDS and TDS. Carry on.
.... unsecured loan to support a campaign is an idiot.
Dude - it was a SECURED LOAN. Google is your friend.
... BIG difference here. Cruz is a nobody, with no assets. When Goldman Sachs lends him money, it is to but the only asset he can offer: INFLUENCE.
Please. Cruz’s loan was a SECURED LOAN. Where do you get your information? Link please.
Can’t deny he was for TARP and stimulus. Ask Bloomberg how much he is worth and has on hand. I can’t remember but far lower than what Trump said.
Besides, his doctor says “he is the healthiest man to ever run for president” and he is going to build a $100 million ballroom for the WH.
Well, here it is. Was it Illegal at the time or not?
If it wasn’t, you have no point to make.
My dear Father got into some stupid Pyramid scheme many years ago which caused a big Family issue. He was the ONLY person to blame, Father or not.
He acted Stupidly and out Family paid the price. That’s life.
That might apply if Trump ever HAD declared bankruptcy (he didn’t; he got a business debt restructure which resulted in nobody taking a bath).
The self-financing thing is a lie.
Nobody even comes close in the sleaze department to The Don.
As you know, it was reported.
False.
Fail.
And he supported Comrade DeBloodio.
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