Wednesday, August 23, 2006

 

How Bad Is The Economy?

Even some rich Republicans like Ohio's Joy Padgett -- the GOP pick to replace Bob "Abramoff" Ney -- are feeling the pinch:

It turns out that Joy Padgett, the Republican candidate widely endorsed to succeed Congressman Bob Ney, is more than $1 million in personal and business debt, along with her husband. And the federal government may have to pick up some of that because of a Small Business Administation loan guarantee.
Ooops. Not coincidentally, she's one of the few Republicans out there willing to admit that the economy -- at least in Ohio -- really isn't doing all that well.


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