Perhaps he’s just eager to connect with old friends. Or perhaps it is all about the money.
Either way, critics of Ted Cruz were shocked recently, when the word hit that he was inviting bankers, traders, and Wall Street lawyers to his stomping ground, the Harvard Club, to lend their support.
According to Breitbart:
Cruz, who attended Harvard Law School, isn’t one to trade too heavily on old school ties and friendships at the likes of Goldman Sachs, where his wife works. On the campaign trail, the Texas senator has railed against Wall Street “crony capitalism,” ripped giant banks as “too big to fail” and wrapped himself in populist garb in his quest to take down Donald Trump. But now he’s desperate: Cruz, who has already received $12 million in support from the financial industry, needs Wall Street money more than ever.
It’s true, running for President is astronomically expensive. There are precious few people that can run self-funded. So it leaves candidates in a position to receive support from people with deep pockets. If Ted Cruz wants to compete against Trump and his other rivals, he’ll need to spend big bucks for radio, TV, and online ads.
It’s a difficult position to be in, given that every politician, including Cruz, tries to distance themselves from rich, elite figures.
Wall Street has become a symbol to many Americans as everything’s that wrong with our economy. But they have all the money, so candidates like Cruz and Clinton will come a’ calling.
But will this news affect his image among voters? That remains to be seen. Whatever funds he acquires will go toward shaping his image for voters in New York, California and the remaining states.
We’ll just have to wait and see if it, pays off.
Forgive me for the pun.