Why Ted Cruz’s Presidential Candidacy Is a Disappointment



Updated March 28, 2016 –


Initially, he first candidate for President in 2016 – Texas Republican Sen. Ted Cruz – won’t win. The Democratic candidates notwithstanding, Sen. Cruz is perhaps one of the least Republican favorites.

His campaign has also been accused of numerous dirty tricks.

For instance, in South Carolina, voters got a Spanish-language robocall claiming a fellow candidate, Sen. Marco Rubio (R-FL) supported amnesty. The woman in the recording emphasized the words Marco Rubio, amnista, inmigración ilegal. It was a disingenuous tactic aimed at English-speaking voters to fool them into thinking Sen. Rubio’s supporter was telephoning Hispanics and promising them amnesty.

South Carolina voters also received a robocall criticizing businessman Donald Trump for condemning the Confederate Flag.

Another pro-Cruz commercial implied Mr. Trump was pro-choice when he wasn’t.

The Cruz campaign released a Photoshopped picture of Sen. Rubio shaking hands with President Barack Obama, who is despised by most Republican voters.

In Hawaii, Sen. Cruz’s supporters blasted out an e-mail warning them not to waste a vote for Sen. Rubio claiming he was allegedly dropping his campaign.

In Iowa, Sen. Cruz’s campaign sent out e-mails to supporters to spread a rumor that Dr. Ben Carson was dropping out of the race. Sen. Cruz reluctantly apologized, and through his campaign manager under the bus and fired him.

In effect, Sen. Cruz was forced to officially announce his candidacy to get a jump start over his opponents, who all signaled they wanted to run.

Hat in the ring

“I am running for president and I hope to earn your support,” said the senator, a Tea Party favorite.

As a 44-year-old, the younger Cruz launched his bid in a speech at Liberty University in Lynchburg, Virginia.

He ostensibly announced his candidacy at the Christian college founded by the Rev. Jerry Falwell instead of his home state of Texas to capture the hearts of religious, conservative voters. Ironically, Rev. Falwell later endorsed Mr. Trump.

The former Texas Solicitor General was elected as a senator in 2012. Since then he’s been known as an uncompromising conservative on such small-government issues as the disastrous ObamaCare and on the president’s executive actions on immigration.

Sen. Cruz has also called for the abolition of the Internal Revenue Service and the Department of Education.

Should he beat the odds, as the son of an American mother and Cuban father, he would become the nation’s first Hispanic president.

He is married to Heidi Nelson Cruz, a Goldman-Sachs managing director.

Credentials

His credentials weren’t well-known but they are impressive. With honors, he graduated with a B.A. from Princeton and earned a J.D from Harvard Law School.

He was part of the 1999 Bush-Cheney campaign as a domestic policy adviser – on civil and criminal justice, constitutional law, government reform and immigration. That’s where he met the woman who became his wife.

During the 2000 Florida presidential-election recounts, he helped assemble the Bush legal team and assisted in the devising of strategy and draft pleadings for the U.S. Supreme Court.

In the Bush Administration, he was the associate deputy attorney general in the Justice Department and director of policy planning at the U.S. Trade Commission.

As senator, his aggressive politicking has generated a negative image in the liberal news media. But his image contrasts with the facts.

Why his candidacy matters

He’s been a hardliner on the right side of the arguments — the trampling of economic and political freedoms:

— ObamaCare is not only unpopular with more than 50 percent of Americans, it’s dysfunctional and littered with broken promises, and is too costly

— Mr. Obama’s circumvention of Constitutional principles concerning illegal immigration

 — A reduction in the onerous size and regulations of the federal bureaucracy concerning the return of the constitutionally defined role of the federal government, including the IRS and the Department of Education

— Elimination of the U.S. national debt and wasteful federal spending

— Transparency in government

— Mr. Obama’s misguided favoritism of Iran on its nuclear programs

— Mr. Obama’s mistreatment of Israel

— A strong, secure national defense

— Opposition to gun control

These and other issues warrant a comprehensive national debate.

What Sen. Cruz must do to win 

First, he must run an honest campaign.

Secondly, he might have to deal with some baggage – his wife, Heidi. She’s taken a leave from her occupation as a Goldman Sachs’ managing director. Reportedly, one of her responsibilities in Houston was overseeing Goldman’s derivative portfolio – along with the mortgage scandals, those risky derivatives were a strategic part of the Wall Street banks’ greed that caused the trauma of the Great Recession.

A government agency’s triumph over Goldman Sachs in the controversial derivatives underscored the fear of many Americans that the market is rigged against them because Wall Street is a haven for questionable behavior. (See: Will Goldman’s Scandal Prompt Cultural Changes on Wall Street?)

Wall Street continues to prove again and again that it needs a moral compass. JP Morgan Chase was fined $20 billion in fines in 2013 and Bank of America was fined more than $16 billion for their companies’ behavior in Wall Street’s collapse in the Great Recession. (See: Legal War on Wall Street Chicanery Isn’t Finished.)

As a strict Constitutionalist, his candidacy helped to ignite a fruitful discussion of issues confronting America. We deserve nothing less.

Thirdly, another shortcoming is his lack of proven experience in budgeting and management — like the successful Ohio Governor John Kasich or Mr. Trump.

Finally, to be effective, he needs to learn from the politics of the late Presidents Ronald Reagan and Gerald Ford.

Sen. Cruz has refused to work with other conservatives and moderates like President Reagan and Mr. Ford did as Speaker of the House. Americans’ common welfare must come first; personal progress for the greatest number depends on unity of the American people.

Messrs. Reagan and Ford understood that important concept for healthy relationships.

From the Coach’s Corner, here are related articles you might wish to consider:

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Obama’s Broken Promise for Transparent Government – Study — New questions emerge about President Obama’s promise for open government — in the aftermath of the creepy behavior of Obama Administration officials in the IRS scandal, the snooping on journalists, and the changing stories about their roles in denying aid to four Americans who were killed at Benghazi.

Q&A with Dr. Ben Carson – The Full Meal Deal with Solutions — Naturally, Dr. Ben Carson is known as a uniquely soft-spoken retired neurosurgeon. His voluminous accomplishments include his pioneering in the separation of conjoined twins at the head. But, of course, there’s more. A lot more. With his gentle, low-key demeanor, he’s also known for his powerful insights on the issues facing the U.S. and the world.

Urgent Plea for the Media and Nation’s Leaders from a Wise Teenager — “Congratulations America! With the sequestration implemented, we finally cut spending! Right? Wrong! Unfortunately, the American public has just been deceived by politicians and the mainstream media.” -Charlie Kirk, a concerned teenager.

Will NLRB’s Controversial Decisions be Reversed after Court Rules Obama Violated Constitution? — In a court case involving a Washington state employer, it’s also a win for employers and the U.S. Constitution — the supreme law of America. (Read the official text of the U.S. Constitution.)

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“Don’t interfere with anything in the Constitution. That must be maintained, for it is the only safeguard of our liberties.”

-Abraham Lincoln

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Author Terry Corbell has written innumerable online business-enhancement articles, and is also a business-performance consultant and profit professional. Click here to see his management services. For a complimentary chat about your business situation or to schedule him as a speaker, consultant or author, please contact Terry.

6 Nobel Laureates Among 673 Economists Backed Romney’s Economic and Jobs Plan



Nearly lost in all the gutter politics engineered by President Obama and his supporters in the 2012 presidential campaign are two important elements.

That would be meaningful discussions about the issues, and the endorsement by 673 economists.

The impressive endorsements included six Nobel Prize winners of Gov. Romney’s economic and jobs plan.

“We enthusiastically endorse Governor Mitt Romney’s economic plan to create jobs and restore economic growth while returning America to its tradition of economic freedom,” wrote the economists in a statement.

“The plan is based on proven principles: a more contained and less intrusive federal government, a greater reliance on the private sector, a broad expansion of opportunity without government favors for special interests, and respect for the rule of law including the decision-making authority of states and localities,” they added.

The six Nobel laureates:

  • Gary Becker
  • James Buchanan
  • Robert Lucas
  • Robert Mundell
  • Edward Prescott
  • Myron Scholes

Why the endorsement?

The economists predict the Romney plan would result in six achievements:

  1. Reduce marginal tax rates on business and wage incomes and broaden the tax base to increase investment, jobs, and living standards.
  2. End the exploding federal debt by controlling the growth of spending so federal spending does not exceed 20 percent of the economy.
  3. Restructure regulation to end “too big to fail,” improve credit availability to entrepreneurs and small businesses, and increase regulatory accountability, and ensure that all regulations pass rigorous benefit-cost tests.
  4. Improve our Social Security and Medicare programs by reducing their growth to sustainable levels, ensuring their viability over the long term, and protecting those in or near retirement.
  5. Reform our healthcare system to harness market forces and thereby reduce costs and increase quality, empowering patients and doctors, rather than the federal bureaucracy.
  6. Promote energy policies that increase domestic production, enlarge the use of all western hemisphere resources, encourage the use of new technologies, end wasteful subsidies, and rely more on market forces and less on government planners.

“In stark contrast, President Obama has failed to advance policies that promote economic and job growth, focusing instead on increasing the size and scope of the federal government, which increases the debt, requires large tax increases, and burdens business with many new financial and health care regulations,” they explained.

“The result is an anemic economic recovery and high unemployment. His future plans are to double down on the failed policies, which will only prolong slow growth and high unemployment,” they added.

Their complaints about Obama

The economists also fault Mr. Obama for six reasons:

  1. Relied on short-term “stimulus” programs, which provided little sustainable lift to the economy, and enacted and proposed significant tax increases for all Americans.
  2. Offered no plan to reduce federal spending and stop the growth of the debt-to-GDP ratio.
  3. Failed to propose Social Security reform and offered a Medicare proposal that relies on a panel of bureaucrats to set prices, quantities, and qualities of healthcare services.
  4. Favored a large expansion of economic regulation across many sectors, with little regard for proper cost-benefit analysis and with a disturbing degree of favoritism toward special interests.
  5. Enacted health care legislation that centralizes health care decisions and increases the power of the federal bureaucracy to impose one-size-fits-all solutions on patients and doctors, and creates greater incentives for waste.
  6. Favored expansion of one-size-fits-all federal rulemaking, with an erosion of the ability of state and local governments to make decisions appropriate for their particular circumstances.

Instead of campaigning on Mr. Obama’s indefensible economic record, he and his supporters have ostensibly tried to throw smoke screens with a barrage of personal attacks on Mr. Romney – everything from accusing him of being a tax-dodger to a disingenuous innuendo about putting blacks “back in chains.”

Little wonder it’s a tight race sans the 2008 promise of “hope and change.” History shows that in tight contests, the incumbent always loses.

From the Coach’s Corner, see this portal’s economic analyses in the Op Ed section by another economist, Dr. Peter Morici.

Plus, here are related topics:

Now, ObamaCare Consultant Insults Small Businesses – 3rd Surfaced Video — Yet another scandalous video related to the ObamaCare deception has surfaced — this time insulting small businesses. In a newly released video, the ObamaCare architect, MIT Professor Jonathan Gruber, said he wrote tax credits into the ObamaCare bill — purportedly to benefit small businesses because “you gotta say you like small businesses in America or you’re a communist…”

Fiscal Fact-Check: Deficit, Social Security, and Medicare — America’s economic system is in grave danger. Like your personal finances, fiscal discernment in U.S. public policy is important for our economic recovery. A Harvard study reveals that massive U.S. borrowing and spending have wasted trillions of dollars in flawed efforts to stimulate the economy.

Is it Too Much to Ask For Civility and Honesty from Mr. Reid and the Press? — There was an unsubstantiated claim, ostensibly for political reasons, by U.S. Senate Majority Leader Harry Reid (D-Nev.) in the 2012 presidential campaign. He made headlines when he falsely claimed GOP presidential candidate Mitt Romney failed to pay his income taxes for 10 years. It’s reminiscent of McCarthyism and lazy journalism.

“On account of being a democracy and run by the people, we are the only nation in the world that has to keep a government four years, no matter what it does.”

-Will Rogers

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Author Terry Corbell has written innumerable online business-enhancement articles, and is also a business-performance consultant and profit professional. Click here to see his management services. For a complimentary chat about your business situation or to schedule him as a speaker, consultant or author, please contact Terry.

Seattle business consultant Terry Corbell provides high-performance management services and strategies.