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In reply to the discussion: Ted Cruz Failed To Disclose Ties To Caribbean Holding Company [View all]okaawhatever
(9,565 posts)cheating scumbag, I don't believe this was a bad as it seems. I hate to say this, but I wonder if there isn't a race element as well. It started with a 6k donation to a friend from school. (I believe it was Harvard, and the guy was a Rhodes scholar). This guy is from Jamaica. I assume he's black. He began an investment firm and Cruz signed on as one of the original advisors/officers and put in a small amount. He consulted periodically until his wife began working for GWB. At that time he sold his interest, was given 25k cash and a promissory note basically (I think it was shares in a company) for his interest. Cruz reported it, received a letter from the election commission that he was divested, and went on about his business. The company is now inactive, the guy moved to Atlanta, and I guess the promissory note was left out there accruing interest.
I have to say, it doesn't seem very suspicious (I'm sure he's done much, much worse) and I'm sure the rank and file Republicans are trying to discredit him, but I have to wonder why with this story. Maybe because it's so complicated they figure Repubs will just turn on him without asking questions, or is it something more nefarious? Do they figure that the racist tea baggers will find out about Cruz' black friend and then let their bigotry do the rest? Marsha Blackburn had much worse involving her campaign and the Repubs covered it up. Ditto Bachman with the Iowa thing. I have to wonder if their angle isn't something else.