Rep. Ruben Hinojosa, an eight-term Democrat from Texas, filed for personal bankruptcy in December after a major bank won a $2.6 million arbitration award against him over a loan he made to a family meat company, according to documents filed in federal bankruptcy court.
Companies affiliated with Hinojosa have thousands of dollars in state tax liens against them, these documents show. In the court filings, Hinojosa listed assets valued atmore than $1.4 million and debt in excess of $2.9 million, including the arbitration award.
I think a bankruptcy should automatically disqualify a politician from serving in national office. There should be more shame about his ducking his responsibilities so totally - and that it had to go to an arbitration judgment, too, before he would own up to it?
He's already shown himself incapable of managing his personal finances; how can we expect him to do any better with ours?
AC !tyLmN8C16E joined in and replied with this 15 years ago, 27 seconds later, 22 minutes after the original post[^][v]#5,975
I agree that it makes him look less fit to serve, but if he’s only on policy-focused committees, then I am less concerned. If he were directly in charge of budgetary issues, I’d be appalled.
cccuuunnttt !nIGga.SL0w (OP) replied with this 15 years ago, 8 minutes later, 30 minutes after the original post[^][v]#5,984
Well, I think it speaks to a basic lack of responsibility overall, regardless. And all congresspeople have a role in budget decisions at some level.
Scarily enough though, he is on these committees:
- Committee on Financial Services
* Subcommittee on Capital Markets, Insurance, and Government-Sponsored Enterprises
* Subcommittee on Financial Institutions and Consumer Credit
AC !tyLmN8C16E replied with this 15 years ago, 11 minutes later, 42 minutes after the original post[^][v]#5,998
@previous (cccuuunnttt !nIGga.SL0w)
Yeahhhh. He should resign.
Anonymous G joined in and replied with this 15 years ago, 3 minutes later, 45 minutes after the original post[^][v]#6,004
Bankrupcy shouldn't disqualify you. That increases the influence of money even more than it already has on politics. But, yeah, he certainly shouldn't be taking part in financial policy making.
cccuuunnttt !nIGga.SL0w (OP) replied with this 15 years ago, 8 minutes later, 54 minutes after the original post[^][v]#6,032
@previous (G)
Perhaps prior bankruptcy shouldn't disqualify you, but a bankruptcy while making $174,000 a year and making decisions that directly impact the entire country?
Again, all congresspeople are part of financial policy making in some way.
Anonymous H joined in and replied with this 15 years ago, 5 minutes later, 1 hour after the original post[^][v]#6,039
I don't think bankruptcy should automatically disqualify someone in all cases. There have been great leaders and policy makers throughout history that were absolute wrecks in their private lives, and while it is an indicator of personal responsibility, sometimes shit happens to good people.
That being said, I don't think it applies here. This man is no great leader, and probably shouldn't be eligible to serve on the commitees (see @5,984 (cccuuunnttt !nIGga.SL0w)) he is currently serving. This should probably be a big red flag for the people to replace him. The meat company where he served as CFO, H & H Foods, is apparently run by bunch of jackasses as well.
(Edited 54 seconds later.)
The Magogo„¢ !!F0+vKzoih joined in and replied with this 15 years ago, 3 minutes later, 1 hour after the original post[^][v]#6,041
He should resign, because he is a fat pig living off of the misery of others.
Anonymous B replied with this 15 years ago, 3 minutes later, 1 hour after the original post[^][v]#6,046
@previous (The Magogo„¢ !!F0+vKzoih)
Unlimited Federal Loansâ„¢
Anonymous G replied with this 15 years ago, 3 seconds later, 1 hour after the original post[^][v]#6,047
Homestar !RUNNERV7vk joined in and replied with this 15 years ago, 2 minutes later, 1 hour after the original post[^][v]#6,053
I believe work and personal life should be separate, and one shouldn't effect the other.
Just because his personal life is falling apart, it doesn't mean he's not good at his job.
cccuuunnttt !nIGga.SL0w (OP) replied with this 15 years ago, 2 minutes later, 1 hour after the original post[^][v]#6,054
@6,039 (H)
Hmm good points. Also I think I'd be less harsh if the bankruptcy were due to something like catastrophic medical issues - which is actually one of the most common causes of bankruptcy in the U.S. Unlikely for someone with the federal employee health care plan though, which is really good.
The Magogo„¢ !!F0+vKzoih replied with this 15 years ago, 12 minutes later, 1 hour after the original post[^][v]#6,057
@6,046 (B)
They are very Limitedâ„¢ and Bankruptcyâ„¢ costs $2,000 to pull off.
The Magogo„¢ !!F0+vKzoih double-posted this 15 years ago, 50 seconds later, 1 hour after the original post[^][v]#6,059
@6,054 (cccuuunnttt !nIGga.SL0w)
It is just my poersonal feelings. I believe that 99% of all Congressmen are corrupt and rich, and the furthest thing from public servants.