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DonViejo

(60,536 posts) Wed Mar 25, 2015, 11:47 AM Mar 2015

Cruz Criticizes Wife's Firm, Goldman Sachs, Over 'Crony Capitalism'

Presidential candidate Sen. Ted Cruz (R-TX) on Tuesday evening criticized the "crony capitalism" at Goldman Sachs, where his wife is employed.

Bloomberg News' Mark Halperin asked Cruz whether Goldman Sachs has a positive or negative impact in the U.S.

"Like any institution, there's some of both," Cruz responded. "Goldman is one of the biggest banks on Wall Street, and my criticism with Washington is they engage in crony capitalism. 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."

Cruz said that Goldman Sachs has gotten bigger since Congress passed the Dodd-Frank Act, and criticized the bank for seeking special treatment from the government.

more
http://talkingpointsmemo.com/livewire/ted-cruz-criticism-goldman-sachs-wife

4 replies

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Cruz Criticizes Wife's Firm, Goldman Sachs, Over 'Crony Capitalism' (Original Post) DonViejo Mar 2015 OP

HILARIOUS! JaneyVee Mar 2015 #1

I understood him to say that about Washington turning it around when asked about GS notadmblnd Mar 2015 #2

Not a criticism of GS, but of Washington. n/t Orsino Mar 2015 #3

Another example how Banks and Wall Street... highmindedhavi Mar 2015 #4

JaneyVee

(19,877 posts)

1. HILARIOUS!

Reply to DonViejo (Original post)

Wed Mar 25, 2015, 12:04 PM

Mar 2015

notadmblnd

(23,720 posts)

2. I understood him to say that about Washington turning it around when asked about GS

Reply to DonViejo (Original post)

Wed Mar 25, 2015, 12:05 PM

Mar 2015

But I don't think that is what was important in this interview. What I think was important is that he plans to mirror his blessed Saint Ronnie is his attempt to capture the presidency. Did you happen to notice the Regan book on the shelf?

I don't like him. I think he's a smarmy weasel and I don't think going all Ronald Regan on the youth of America is going to get him what he desires.

Orsino

(37,428 posts)

3. Not a criticism of GS, but of Washington. n/t

Reply to DonViejo (Original post)

Wed Mar 25, 2015, 12:08 PM

Mar 2015

highmindedhavi

(355 posts)

4. Another example how Banks and Wall Street...

Reply to DonViejo (Original post)

Wed Mar 25, 2015, 12:14 PM

Mar 2015

...are the puppet masters. That goes for both parties.

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