RUSH: Here's Rodney in Palm Beach Gardens, heading back to the phones. Rodney, thank you for waiting. Hello, sir.
CALLER: Hey, Rush. It's a real pleasure to talk to you today. Rush, I haven't really heard anybody talk about this, and I wanted to take everybody back to the first Republican debate. The first debate, the first question was obviously aimed at Trump, and it basically said, "Do you 100% guarantee that you'll support the nominee?" or however they said that. The only person, to his credit, that raised his hand saying he would not 100% guarantee that he'd support the nominee was Trump.
I remember he was skinned alive for that, and obviously it was aimed at him, and then the war kind of started on Trump. Now, fast forward to now, and you've got people I know in the Republican establishment and even some of the candidates that look like they're not going to support him. But they're trying to do everything they can to keep him from being the nominee. But there hasn't been anybody to talk about that, because they all raised their hands and said they were going to support the nominee, whoever it was.
RUSH: Well --
CALLER: What's your opinion on what we're not seeing?
RUSH: Well, these pledges are worth the day they're written and not much more. You're talking the first debate. I happen to remember it was August the 6th, and that first debate's memorable for a whole lot of reasons. I happen to recall the very first question, "Mr. Trump...?" 'Cause they were trying to expose him as a fraud. Remember, when this all started, they thought Trump was in this for some other reason than really winning. He was in there to embarrass the Republicans or personal aggrandizement, promote his TV show, whatever.
"Mr. Trump, will you promise and will you pledge that you'll support the Republican nominee? I'll ask everybody here: Raise your hand if you will support the Republican nominee." Trump said, "No, I won't. I won't. I don't know what's gonna happen. What if they don't support me? What if I'm winning and they don't support me? Why should I pledge it?" I think now -- pledge notwithstanding, Rodney -- everybody's trying to destroy Trump right now, and that's what the process is all about. And everybody's trying to destroy Cruz, who is in second place. So I don't think that what's happening now is out of bounds at all.
And the way it's happening... In fact, even the way they're going after Cruz now. Here's Trump again, the first thing he went after Cruz on was this eligibility business, and it's the way he does it, he doesn't accuse anybody of anything. He says, "You know, I've heard. I've heard. I mean, people are talking. They're wondering if Ted's eligible. Gosh, I hope he is. I'd hate for... Oh, my, this would be horrible! Can you imagine if we had to end up in lawsuit after lawsuit, people claiming or nominee's not a citizen and not eligible? Oh, it'd be horrible. I hope it works out for Ted, but, man, it's gonna be a problem," and he never once accuses him of anything.
Now, the next thing that's come up is that apparently Cruz went out and got a loan for his campaign when he was in Texas. His wife happens to work Goldman Sachs, and so Trump is now saying, "Gee, you know, this could be a problem for Ted. I hope it's not!" What Trump is saying about this Goldman Sachs deal is, "I hear it's a big thing, folks! I'm hearing it's a really big thing. I hope it's not. You know, I like Ted. Ted and I get along really well. I hope there's nothing there, but people are telling me it's a big deal. It's gonna be a big story." Here's Cruz, by the way, on Anderson Cooper. Grab sound bite 14. This is Cruz answering it last night. Dana Bash asks, "Senator, how do you explain to your supporters that you got a very large loan from your wife's Wall Street bank in order to fund your upstart Senate campaign?"
CRUZ: The premise of your question is not right. We made the 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 has, 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.
RUSH: And he is exactly right. He took a margin loan. He and his wife made a decision to liquidate everything and go for it. By the way, I just want to warn some people. His wife, you don't hear much about her. Her name is Heidi. She is formidable. If anybody tries to go after her... You know, they're trying to denigrate Cruz. "His wife works at this big Wall Street bank. You know, these guys that got bonuses, the guys that foreclosed on the poor! Yeah, Goldman Sachs." Whoever decides (if anybody does) to go after her, they're going to have a tough awakening, because she is not a pushover. She is not a wallflower.
Cruz had a standard margin loan, and he's exactly right.
Anybody with a brokerage account has access to margin loans. The interest rates are really favorable for anybody that has one, and you borrow against the equity you have in your portfolio, whatever it is, and it can be sizable. But they're trying to impugn Cruz with just the association Goldman Sachs. His wife happens to work there, so that's supposed to be an instant disqualifier. Never mind that the Clintons have been out raising money and collecting money from all kinds of questionable, dubious characters and reprobates all over the world in advance payment for services rendered after she becomes president. Everybody knows it. The Cruzes have done nothing illegal, marginally or otherwise. The Clintons are indictable -- and, of course, the Drive-Bys are not interested in that aspect.
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