Buckeye State Blog - Joy Padgett - dead beat - Comments

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Plain Dealer reported 48% all small business men

tapsearcher — Fri, 15 Sep 2006 11:57:12 -0700

Hey kids, can you pick out

bdb484 — Fri, 18 Aug 2006 13:32:58 -0700

Hey kids, can you pick out the

I just realized

AmberCat — Thu, 17 Aug 2006 21:34:07 -0700

that I will sleep a little better if I call Joy Padgett an evil bitch before I go to bed. God, what is WRONG with these people?

WHAT????

AmberCat — Thu, 17 Aug 2006 21:32:34 -0700

She "hoped and hoped" the economy would turn around? You are exactly right. She was in a position to do much more than "hope" and chose to do exactly nothing. I think she inadvertently revealed the entire scope of the Republican "plan" for the state and it's just karma that she was one of its victims. What a shame that even being brought down by the results of Republican non-rule, she still believes in its bankrupt tenets and isn't able to comprehend reality. She is definitely several steps below a scumbag.

heh

staff — Thu, 17 Aug 2006 20:06:52 -0700

other than most ohioans managed their money better while hoping the economy would turn around...

hoped and hoped

redhorse — Thu, 17 Aug 2006 20:03:27 -0700

the economy would turn around?

maybe there's not so much difference b/n us and Padgett after all.

Joy Padgett - dead beat

staff — Thu, 17 Aug 2006 16:26:05 -0700

From the Zanesville Times Recorder, Nov 15th 2005

COSHOCTON -- State Sen. Joy Padgett and her husband, Don, have filed to reorganize their Coshocton business under federal bankruptcy laws in hopes of surviving in a sluggish economy.

The couple own Main Office Supply Co. on Main Street and are hoping that by filing for a Chapter 11 reorganization, the company can settle its debts and emerge with a bright future.

According to papers filed in U.S. Bankruptcy Court, the company has $531,000 in assets and $1,151,446 in total debts.

Joy Padgett, a Republican, won the Senate seat in 2004 and her term expires in December 2008. She was also a former state representative and the former executive director of Gov. Bob Taft's Office of Appalachia.
[...]
"With the economy the way it is right now and companies moving out of the area, or merging, or going out of business, we've seen our business hurt by that," company president Don Padgett said Tuesday. "While I've been in the process of reorganizing the store from the beginning, the business world is constantly changing and nothing stays the same for long."

Then, just this June 15th

Tuesday night they were informed Don's business and personal bank accounts had been seized and on Wednesday afternoon a representative from JP Morgan Chase Bank, formerly known as Bank One, walked through the front door on Main Street and took over the business.
[...]
The couple knew they were in trouble with the business about six years ago, Sen. Padgett said. But, they hoped and hoped the economy would turn around and they would be able to make the business what it once was.

"But, the economy just wouldn't let us," Sen. Padgett (R-Coshocton) said. "We believed the bank believed in us because it kept lending us money and they don't do that if they don't believe. But, the economy just never turned around."

Screwed the SBA out of tens of thousands of dollars.

Maybe if she had spent more time running her business properly and not smearing Terry Anderson this despicable person might not have lost tax payers money, and lord help us if she doesnt sit on the finance committee.

How can she even talk about 6 years of a crappy economy, be in positions to do something about it, a member of a party who control everything and still think she is qualified to run for higher office ?

Hubris.

Let it not be a secret I despise this woman and what she stands for. Scumbag doesn't do justice to scum or bags. Gonna enjoy watching this piece of filth crash and burn.