Cruz rails against 'crony capitalism’ - BUT ...

Discussion in 'Congress' started by Luddly Neddite, Mar 25, 2015.

  1. Luddly Neddite
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    Luddly Neddite Diamond Member

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    Ted Cruz rails against ‘crony capitalism’ — and praises wife’s Goldman Sachs career
    By Nick Gass

    3/25/15 9:00 AM EDT

    Updated 3/25/15 12:16 PM EDT

    Ted Cruz is sounding off against Wall Street and financial institutions, including Goldman Sachs, where his wife, Heidi, works as a managing director in Houston.

    Asked whether Goldman Sachs is a positive or negative force in society, the Texas senator and recently declared Republican presidential candidate told Bloomberg Politics on Tuesday that there’s a little bit of both.


    “Goldman is one of the biggest banks on Wall Street, and my criticism with Washington is they engage in crony capitalism,” he said. “They give favors to Wall Street and Big Business, and that’s why I’ve been an outspoken opponent of crony capitalism, taking on leaders in both parties.”


    The candidate said that like other firms, Goldman seeks out and receives favors from the government.

    “I think they’re entitled to practice their business, but without subsidies or special benefits,” he told John Heilemann and Mark Halperin.

    Cruz mentioned the Dodd-Frank Act specifically, saying that it has failed on its promise to stop “too-big-to-fail” institutions from growing.

    Goldman Sachs received $10 billion in taxpayer money from the Treasury following the 2008 financial crisis, repaying the funds with interest in less than a year.

    Read more: Ted Cruz rails against crony capitalism and praises wife s Goldman Sachs career - Nick Gass - POLITICO



    But he's not corrupt and there's not conflict of interest.

    Nope.

    Not at all.

    And, to be fair, by RW standards, he's clean as a whistle!

    :rolleyes::rolleyes::rolleyes:


    And of course, his health insurance came from wifey's employment - until he declared. Then, she quickly resigned and he signed up for ObamaCare, saying it was a 'good thing', even though he's working to repeal it.

    Makes me remember Nixon.

    :uhoh3::uhoh3::uhoh3:

    Okay, RWs, bring on the excuses.
     
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  2. ScienceRocks
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    ScienceRocks Blue dog all the way!

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    Must not like Boeing, space-x and most infrastruture building companies that build our infrastructure that do business with the government. Why are there so many idiots?
     
  3. Missouri_Mike
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    Missouri_Mike Gold Member

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    Everything he said makes sense. What you said doesn't.
     
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  4. ScienceRocks
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    ScienceRocks Blue dog all the way!

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    You loserterians don't support freedom as you seek to take our voice from us. Corporations could give a damn about the voice of the people. They need to be regulated.
     
  5. Luddly Neddite
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    Luddly Neddite Diamond Member

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    Uh, "Mike", you're in another thread defending a man who said he wants to rape and murder little girls.

    :anj_stfu:
     
  6. Missouri_Mike
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    Missouri_Mike Gold Member

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    I'm in another thread defending someone who never even approached saying that. You're the only asshole that came to that stupid fucking conclusion.

    So now I'm kicking your stupid fucking ass in two threads you want to start another?
     
  7. TheOldSchool
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    Rafael Castro Eduardo Cruz is the gift that keeps on giving!
     
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  8. Luddly Neddite
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    Luddly Neddite Diamond Member

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    And its just begun ...................

    Gonna be a WAY fun election cycle.

    :woohoo:
     
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  9. ScienceRocks
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    ScienceRocks Blue dog all the way!

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    Why even vote for a government if that government can't do business?
     
  10. The Rabbi
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    The Rabbi Diamond Member

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    So Cruz criticizes his wife's employer and that makes him a hypocrite? Wow, the left is soooo desperate these days. If they're this scared of Cruz, imagine what the reaction will be when Walker announces.
     

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