BV: Cruz Invests in Trump’s Bankruptcy

Over at Bloomberg View, Frank Wilkinson looks at Ted Cruz’s decision to cover his convention short, buy high, and double down on $MAGA after the first debate. My take:

Neither Trump nor Cruz has changed. Only the political calculation has.

“Cruz wants be able to say he did all he could, if only to avoid the inevitable recriminations that he undermined the nominee at a key time,” said GOP strategist Liam Donovan, via e-mail. “And even if the Trump primary base isn’t made up of the ideological fellow travelers he thought they were, Cruz world probably still views them as rightfully his in a post-Trump environment.”

Click here for the full column.

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