Does Texas Senate Candidate Beto O’Rourke Have a Crony Capitalism Problem?

El Paso, eminent domain, the redevelopment plan, and the father-in-law.

It has to be noted, since the issue of cronyism is being raised, that Ted Cruz’s wife is a senior investment manager (regional head of the Southwest United States for the Investment Management Division) at Goldman Sachs and that Goldman is one of the most crony companies on the planet.

(From The Texas Tribune)

The plan never went that far but fueled a contentious chapter in El Paso politics starting over a decade ago. The new TV ad from the Club for Growth — a national conservative group that recently announced a seven-figure offensive in the race — portrays O’Rourke as a puppet of wealthy developers who pushed the project, including his father-in-law, Bill Sanders.

“El Paso’s rich and powerful stay that way by controlling politicians like Beto O’Rourke,” a narrator says in the 30-second spot.

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