politics

Ted Cruz Just Went After This Cartel Leader To Get Funds For Trump’s Wall

GAGE SKIDMORE / FLICKR / FOX AND FRIENDS

Former Sinaloa drug cartel leader Joaquín “El Chapo” Guzmán’s net worth has been the stuff of legend for years. While the exact amount has not been confirmed, in 2009, Forbes reportedly put his net worth at over a billion dollars. It appears Senator Ted Cruz has been paying attention to the reports. He recently introduced the “El Chapo Act,” which would seize the assets of Chapo, which Cruz estimates at $14 billion, to pay for the Trump’s wall.

Senator Cruz appeared on morning show “Fox & Friends” to explain the “El Chapo Act” to the hosts.


During the short segment, Senator Cruz explained that the best way to pay for the wall was by seizing El Chapo’s fortune.

“The estimates are that his criminal fortune is roughly worth about $14 billion dollars. Now, coincidentally, the estimates for the cost to build the wall range from $14 to $20 billion dollars. And so my legislation provides that if those assets are forfeited, those assets from El Chapo, will go directly to building a wall and securing the border.”

The hosts called Cruz’s act “genius” because it would “indirectly” force Mexico to pay for the wall. Cause you know, drug dealers are inherently Mexico.

While it is a convenient figure, where Senator Cruz got the $14 billion dollar figure remains a source of contention.


As Dolia Estevez reported for Forbes back in January, the Department of Justice wanted to seize $14 billion from El Chapo, a figure for which they could provide no hard evidence for at the time. Former Drug Enforcement Administration CEO David Gaddis, as Forbes reported, said that number was “a cumulative figure” that was “based on his drug trafficking enterprise.” However, other experts interviewed for the article, said that while El Chapo was likely still a billionaire, $14 billion was “too high” of an estimate.

Senator Cruz also addressed concerns about El Chapo’s net worth during his brief segment.

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GAGE SKIDMORE / FLICKR

Though he didn’t provide any data to back up his figures, Senator Cruz assured the viewers that El Chapo’s assets were there. When asked, “how can you secure his assets? I mean, does [El Chapo] have this in a bank account – $14 billion dollars?” Cruz responded, saying:

Well, [the assets] are scattered worldwide. But the government right now has extradited El Chapo from Mexico – is proceeding with a criminal prosecution. The first step is to convict him. Once he is convicted, the government is seeking the forfeiture of $14 billion dollars, and the government will go and prove where the assets are.

Senator Cruz then went on to explain to the hosts of “Fox & Friends” where money seized from cartel leaders would normally go.

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FOX AND FRIENDS / FOX NEWS CHANNEL

Senator Cruz explained that his Act would ensure that future funds seized from cartels would go to border security, saying:

“Ordinarily that money goes to the treasury for certain specified uses – border security is not among those uses. So my legislation is very simple. It says that El Chapo’s assets, and for that matter, any other drug cartel whose assets are forfeited – there money would go to building the wall and keeping the border secure for the country.”

After the announcement of his Act, Twitter users took sides. Those who supported it couldn’t get enough of the sweet irony of having Mexican cartel leaders pay for border security.


The sentiment on the pro-Cruz side saw the “El Chapo Act” as a way to hit the cartels where it hurt while not taking any cash out of the taxpayer’s pockets.

While using the cartel leader’s funds to build a wall provides a nice twist of irony, many people were quick to point out that the money could be better spent.


Aside from allocating funds for underfunded programs in the U.S., many were skeptical the government could even find the funds it claims El Chapo has.

So what do you think about the “El Chapo Act”?


[H/T] Forbes: Does Mexican Drug Lord El Chapo Guzmán Have The $14 Billion The U.S. Wants From Him?

Read: El Chapo Says Solitary Confinement Is Affecting His Mental And Physical Health

How would you spend that money? Leave a comment below to let us know!

El Chapo’s 91-Year-Old Mom Is Coming To The US To Visit Him In Prison And Is Bringing His Favorite Mexican Dish

Things That Matter

El Chapo’s 91-Year-Old Mom Is Coming To The US To Visit Him In Prison And Is Bringing His Favorite Mexican Dish

Frontline / La Visión de Chihuahua / YouTube

Earlier this year, Joaquin “El Chapo” Guzmán Loera was found guilty on all ten criminal counts in Brooklyn, New York. Since then, life hasn’t been all that bad for the former Mexican drug lord. His wife is launching a clothing line, and even though El Chapo’s team has complained about the unfair treatment at his prison and lack of outdoor time, it’s been manageable. He still faces sentencing later this month, which means El Chapo has yet to face the worse of it. So, it makes sense that he’s getting some sort of encouraging visits.

El Chapo’s mom, 91-year-old Consuelo Loera, got her visa approved to visit her son in prison.

Twitter/@AFNTIJUANA

The Independent is reporting that Loera got her visa approved to enter the United States after requesting it from the Mexican Embassy. They also say that Mexico’s president Andrés Manuel López Obrador fought to have her visit her son because he had “an empathy toward the elderly woman.”

El Chapo’s next court date is scheduled for June 25, where he faces sentencing. If he thinks his mom’s presence might persuade the judge to be lenient on his jail time, he should think again.

“It is a sentence from which there is no escape and no return,” U.S. Attorney Richard Donoghue said earlier this year in Brooklyn.

According to her attorney, Jose Luis González, Consuelo Loera proved to the government that she has the means to travel to the U.S. She also proved her reason to leave and travel back to Mexico.

Consuelo Loera told reporters she plans to bring El Chapo his favorite dish, enchiladas.

Twitter/ @ElColonialKY

We had no idea, El Chapo was such a traditionalist when it came to Mexican food. We thought he might have requested a burrito or carne asada tacos.

Now, if the 91-year-old woman shows up in New York City, where is she going to cook up some enchiladas? She’s probably going to have to order take out. If that’s the case, do you have any recommendations on the best enchiladas in New York? Let us know!

READ: El Chapo’s Wife Is Launching A Fashion Line And I Am So Dead

Rep. Alexandria Ocasio-Cortez and Sen. Ted Cruz Are Considering Working Together To End Corruption In DC

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Rep. Alexandria Ocasio-Cortez and Sen. Ted Cruz Are Considering Working Together To End Corruption In DC

The country is divided; this notion is nothing new or surprising. With liberals and conservatives fighting over abortion rights, government corruption, immigration reform issues (to name a few), the county is in desperate need of some unity — and we’re definitely not getting it from Democrat or Republican lawmakers.

There is a slight shift happening, and we’re hoping it leads to big things.

Rep. Alexandria Ocasio-Cortez and Sen. Ted Cruz are on the same page about a crucial governmental issue.

Rep. Ocasio-Cortez and Sen. Cruz are both agreeing that former lawmakers should not be lobbying on behalf of corporation soon after leaving their office.

According to NPR, “at least 187 political appointees of the Trump administration previously worked as federal lobbyists…many of them were put into positions supervising the same industries for which they had once lobbied. Furthermore, “Senators who leave office cannot become lobbyists for two years, under a law that was adopted in 2007. In the House, representatives face a one-year cooling-off period.”

Rep. Ocasio-Cortez and Sen. Cruz would like to see that period extended.

The discourse between the two Latino lawmakers began — where else — on Twitter.

Rep. Ocasio-Cortez’s tweet was in response to a story that showed 2/3 of former members of Congress were now working as lobbyists and strategic consultants. This switch from public service to corporate handler can be seen as an ethics issue, which is why there are some current laws in place.

Sen. Cruz responded to Rep. Ocasio-Cortez saying that he was surprised to say that he agreed with a Democrat.

Sen. Cruz doubled down saying that he’s been fighting not only to restrict former lawmakers from becoming lobbyists but to also ban them for life. He also said that his fellow Republican colleagues would probably not support the idea that he would be working with a Democrat, especially one as outspoken as Rep. Ocasio-Cortez.

The two decided to work together on a bill to restrict former lawmakers from working as lobbyists and already have support from their respective parties.

According to NBC News, within hours two lawmakers agreed to work on the bill alongside the Latino lawmakers.

Talk about a miracle!

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