http://www.casperstartribune.net/articles/2006/08/19/ap/politics/d8jj6vho0.txtHarris, a financial analyst, came out firing at Padgett, suggesting her personal and corporate bankruptcies make her unfit to help set the federal budget.??Anything she gets she deserves. Her dirty campaign against Terry Anderson was right up there with the Swiftboating of Kerry and the maligning of Cleland. Me thinks Joy will not be around long. Here are two more clips about her financial woes. Read them, them click on the link below to donate to Zack Space.
"Bankruptcy is not a badge of honor and it is an ethical and professional disqualification from representing Ohio Republicans and taxpayers in Congress," he said.??Padgett was treasurer of an office supply Company in 2005 when it filed for federal bankruptcy protection and defaulted on a Small Business Administration loan. Padgett guaranteed $837,000, then filed for personal bankruptcy protection in June on that debt.??She defended the bankruptcy as a function of Ohio's bad economy.??Voters, she said, "will say, 'This woman understands what the economy is like.'"
First, it turns out that the candidate widely endorsed to succeed Ney - and supported not only by the embattled congressman but also by the Ohio Republican Party - is more than $1 million in personal and business debt, along with her husband. The federal government may have to pick up some of that because of a Small Business Administration loan guarantee.
Joy Padgett's debt, and the personal bankruptcy she and her husband, Donald, filed on June 15, promise to rise as a campaign issue as her party promotes fiscal responsibility.
Their U.S. Bankruptcy Court filings list $1.16 million in debts against $202,143 in assets.
"To default on an SBA loan, and her million-dollar bankruptcy, show that she cannot control her borrowing or her spending," said James B. Harris, another Republican seeking Ney's seat.
http://www.cleveland.com/open/plaindealer/index.ssf?/base/news/1155976835263150.xml&coll=2?