Jerry Mander -For Ted Cruz, Has The Tale Had Its Effect?

Jerry Mander

Cruz Effect

By Torey Dawn Hodges

This is the third of a series. Part One is HERE, part Two is HERE.

“Besides, as the vilest Writer has his Readers, so the greatest Liar has his Believers; and it often happens, that if a Lie be believ’d only for an Hour, it has done its Work, and there is no farther occasion for it. Falsehood flies, and the Truth comes limping after it; so that when Men come to be undeceiv’d, it is too late; the Jest is over, and the Tale has had its Effect…”

Jonathan Swift, The Examiner, 1710 (and author of Gulliver’s Travels)

Part I: A Golden Sachs Opportunity:

Have we beat the Cruz birther issue to death yet? I did my part HERE. And while the Statue of Liberty angrily points her middle finger at Cruz, standing in line to bop the Cuban-Italian-Irish-Canadian-American sprinter is the next fringe gone mainstream accusation.

Heading the line-up is Cruz the Goldman Sachs man. And, worse, Cruz the Goldman Sachs woman. That Ted and Heidi power couple can’t be trusted like the Bill and Hillary power couple. Fringe gone mainstream would rather stand for Billary than for Teidi.

The latest kerfuffle over Cruz borrowing against his assets to finance his senate race is getting top-billing. In post-capitalist America, people may not realize that once-upon-a-time it was common place to borrow against secured investments, annuities, and 401Ks to finance houses, college educations, and perhaps a run for political office. And people once borrowed against the equity on their homes, too. They funded swimming pools, vacations and bling; that is, until the equity pool all dried up and imploded like a Florida sink hole.

The orchestrated 1, 2, … attack on Cruz’s finances, if given proper scrutiny, might resolve too early—can’t have that. Was there or wasn’t there appropriate disclosure of his GS and Citi loans? Or was the disclosure sufficient but not technically appropriate? Next in line: Mitt Romney Ted Cruz didn’t pay taxes for 10 years. Will Mitch tap Reid to bring us the news?

Heidi and I, when we ran for Senate, we made a decision to put our liquid net worth into the campaign and so we did so through a combination of savings, liquidating our savings accounts, through a combination of selling assets and then we had a brokerage account that has a standard margin loan like any brokerage account had, and we borrowed against the stocks and assets that we had under ordinary terms. And so those loans have been disclosed over and over and over again on multiple filings. If it was the case that they were not filed exactly as the FEC requires, then we’ll amend the filings, but all of the information has been public and transparent for many years, and that’s the end of that. ~ Ted Cruz, 1/13/16

Only in Ted’s dreams will that be the end of that. If he dotted the “t” and crossed the “i” he’s no longer eligible for that which, by birth, he’s no longer eligible. As Mark Levin once said, “This is the era of the crazy bastard.” That it is.

FLASHING LIGHTS: Someone apply this hyper-focused scrutiny to the filings of the Bill, Hillary, and Chelsea Foundation! Again, only in dreams ….

For months we’ve rolled our eyes at NWO accusations about Heidi Cruz. Ted sleeping with the devil is all more the reason he’s not eligible. He’s not only Canadian, but he’s married to Goldman Sachs! We finally know who’s responsible for the subprime collapse. She did it.

As it gets closer to C-Day (Caucus Day) it gets closer to the semi-sane going, not only full-blown birther, but full-blown anti-capitalist. It’s Vulture Capitalism 2016! By the time all is said and done, Donald Trump may be sounding more like Bernie Sanders if that means distinguishing himself from the man who took a loan from the Sachs.

Part II: New Eligibility Rules:

If one has to take a loan from an investment bank, they aren’t rich enough to run for high office. Again Ted Cruz is not eligible! In the post-capitalism era, only billionaires need apply. They are beholden to none; they may build hotels on land they take from peons, but they are independent; they will only step on those who get in their way. “The Lord gave and the Lord hath taken away.”

Comment thread trolls share a checklist. Anyone working for Wall Street has horns under their cap. While snarling about Cruz not auditing the fed, they vacillate between supporting Trump and Bernie; neither card-carrying Ron Paul Revolution members. Confused then and no wiser now.

We know that Trump understands economics; we know that Bernie does not. Capitalism is our system, and the best economic model ever devised. But when that system becomes entangled/entrenched with government and vice-versa, which we see now, the system collapses under the weight of cronyism and corruption. And when local, state or federal government joins hands with, say, a developer and decides your home is in the way of, say, one of Trump’s next towers, according to Trump, “eminent domain is a wonderful thing!” The developer gets the land and government gets the tax. Entirely legal. Totally immoral.

It’s disturbing when people sell out what they thought were their values. I recall young evangelicals for Obama in 2008, when faced with Obama’s record of supporting no less than infanticide, rationalizing that Obama may be wrong on pro-life issues but right on everything else. Now we see supporters of Trump, though he’s no Obama, rationalize that Trump is bad on eminent domain but good on everything else. Since when are property rights expendable to conservatives and libertarians? Careful people. Don’t tread on me!

There’s a larger point to this discussion. The investment and finance industries are vital to our future. If we ever want to “Make America Great Again” and for real jobs to return; jobs with 40 hours, 401Ks (to borrow from) and benefits, we’ll need people like Heidi Cruz to get us back on track. Heidi doesn’t bulldoze people’s homes to build her dreams; she guides and protects investments of her clients. She’s a managing director in the Houston Private Wealth Management Group of GS only; one of over 12,000 GS vice presidents, but one step from partner. She didn’t cause the housing collapse any more than did real estate magnet Donald Trump, although he certainly tried to make this elderly woman’s house collapse.

Part III: Open up Open Secrets:

With accusations now flying, it is difficult to keep up. Open Secrets is being cited as a source for Ted Cruz being beholden to Wall Street; in particular, Goldman Sachs, but who has confirmed such claims?

No one refutes that Cruz has raised a lot of large (over $200) and small (under $200) donations. He ranks 2nd to Jeb!, but in small donations (us little guys) it’s Cruz’s 42% to Jeb’s 5%; Christie’s 3%; Rubio’s 21%; and Kasich’s 12%. But then there’s Carly’s 47%; Trump’s 48%; Rand’s 48%; and Carson’s whopping 63%, all who have raised significantly less in small and/or large donations than Cruz.

As for large donations, GS (employees, owners, and its PAC) has given under 44K to Cruz during the 2016 election cycle. Those donations came through the candidate committee and not a Super PAC. If that’s being owned, Ted Cruz sure was bought cheap. Look, GS gave Marco Rubio nearly 80K. That’s not exactly a huge sum but much more than was given to Cruz. They also gave Carly $6,450 and that’s it. What, no Jeb!?

Contributors to a PAC are limited to a 5K donation; that PAC is limited to a 5K donation to a single candidate. PAC contributions to Cruz, as of November 2015, were nearly 49K; that registers as 0% of his funding. And Cruz has received no PAC money from GS; Rubio received 5K.

This interactive graphic puts Super PACS in perspective. Here, the outside groups are the Super PACs. The Super PACs intended for Cruz have a mix of donors; e.g., real estate, oil, hedge fund, technologies, and even the US Postal Service. But there is no GS or GS official (or Citi) listed as a contributor to any of the Cruz-related Super PACs. Things aren’t always (or often) as they seem.

And, Cruz isn’t beholden to lobbyists either; nope, no ethanol lobbyist to be found.

More $$ are likely being divvied out than these listings explain or address, but since Open Secrets is being promoted as evidence that Ted Cruz is in the pocket of Wall Street, this is what we have to work with. And once again, just like every political cycle when that circular firing squad forms, retractions, if any, are on the last page. It is yet to be seen if Ted Cruz can outsmart tradition or whether, again, Men come to be undeceiv’d, … too late …. and the Tale has had its Effect…

DC is to lying

Tips of the hat today to “Dr. Mc,” “Joe P” and “B-Squared”


A teacher asked her 6th grade class how many of them were Hillary Clinton fans.
Not really knowing what a Hillary Clinton fan is, but wanting to be liked by the teacher, all the kids raised their hands except for Little Johnny…
The teacher asked Little Johnny why he has decided to be different… again.
Little Johnny said, “Because I’m not a Hillary Clinton fan.”
her teacher asked, “Why aren’t you a fan of Hillary Clinton?”
Johnny said, “Because I’m a Conservative.”
The teacher asked him why he’s a Conservative.
Little Johnny answered, “Well, my Mom’s a Conservative and my Dad’s a Conservative, so I’m a Conservative.”
Annoyed by this answer, the teacher asked, “If your mom was a moron and your dad was an idiot, what would that make you?”

Little Johnny replied, “That would make me a Hillary Clinton fan.”

… speaking of Old Hitlery ® DNC:


Hitlery sinks













Obama:Division of power

… and now, in closing:

P.J. O'Rourke


Add yours →

  1. It’s great to meet you, 56packardman! Thank you so much for sharing these three pieces with your readers. Have a great day!

    – Torey Dawn Hodges 🙂

    Liked by 1 person

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