Reality Check: Ted Cruz Doesn’t Vote To Audit Fed, Took Personal Loan from Goldman-Sachs

[ZakCarter]

Reality Check: Ted Cruz Doesn’t Vote To Audit Fed, Took Personal Loan from Goldman-Sachs

"Ahead of tonight’s Republican Debate, Sen. Ted Cruz (R-TX) is the latest Republican to surge behind Donald Trump. There’s a good chance that there’s one question that won’t be asked tonight by the moderators which is, “Why did Cruz miss a very important vote this past week on a bill he co-sponsored?”

This is a Reality Check you won’t see anywhere else!




http://truthinmedia.com/reality-che...ed-took-personal-loan-campaign-goldman-sachs/


For Liberty!

 

[Zippyjuan]

Cruz borrowed against money he and his wife had in personal accounts at Goldman Sachs.

The biggest change in the Cruzes’ finances in 2012 was the addition of the two bank loans, each valued at $250,000 to $500,000, during the first half of the year. One was a margin loan from Goldman Sachs. Margin loans, which are secured by holdings in a brokerage account, are often used to buy more stocks, but can be obtained for almost any purpose.

The other loan was a line of credit from Citibank. Even if the Citibank loan did not go directly into the Senate campaign, it could have freed up other assets for that purpose. While the Cruzes were well paid — he made more than $1 million a year as a law partner, and she earned a six-figure income as an executive in Goldman Sachs’s Houston office — they also had big bills, including mortgage payments and full-time child care.

Both loans had floating interest rates around 3 percent, according to Mr. Cruz’s Senate disclosures, which appear to be generally in line with rates available to wealthy borrowers at that time.

Mr. Cruz’s filings show that at the close of 2011, he and his wife had cash and securities in bank, brokerage and retirement accounts worth $1.3 million to $3.4 million. They also had mortgages and a loan against Mr. Cruz’s partnership equity in his law firm. During 2012, they sold securities worth $82,000 to $355,000, and the value of other holdings was reduced by, at most, $155,000.

http://www.nytimes.com/2016/01/14/us/politics/ted-cruz-wall-street-loan-senate-bid-2012.html?_r=0

 

[Ronin Truth]

Did the check from the Rothschilds arrive for Ted?

 

[Chester Copperpot]

Cruz borrowed against money he and his wife had in personal accounts at Goldman Sachs.





http://www.nytimes.com/2016/01/14/us/politics/ted-cruz-wall-street-loan-senate-bid-2012.html?_r=0

full time child care?? I guess those CHristmas commercials with him and his kids is bullshit too.. hahah

everything about this guy is phony

#FEDCRUZ