Sunday, January 24, 2010

“Lenders in the UAE cut personal loans by more than 86% in 2009 (Zawya)” plus 2 more

“Lenders in the UAE cut personal loans by more than 86% in 2009 (Zawya)” plus 2 more


Lenders in the UAE cut personal loans by more than 86% in 2009 (Zawya)

Posted: 23 Jan 2010 08:45 PM PST

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Federal SBA loans available to victims of recent flooding (L'Observateur)

Posted: 23 Jan 2010 03:46 PM PST


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Tough times hurt campaigns (The Brownsville Herald)

Posted: 23 Jan 2010 06:09 PM PST

Statements of campaign contributions and expenditures filed this month by candidates for Cameron County judge in the March 2 Democratic and Republican Party primaries show the following:

Democratic Party candidates:

-Eddie Treviño Jr.: contributions, $30,366; expenditures, $56,267; outstanding loans, $50,000.

-Rebecca Gomez: contributions 0; political expenditures made from personal funds, $1,250.

-John Wood: contributions, $6,695; expenditures, $3,708.

Republican Party candidate:

-Carlos Cascos: contributions 0; expenditures $1,250; contributions maintained as of the last day of prior reporting period, $75,125; outstanding loans $1,250.

 

 

The downturn in the economy has made a dent in the election war chests of candidates for the top administrative post of Cameron County judge in the March 2 Democratic Party Primary.

The statements of campaign contributions and expenditures of some Democratic Party candidates, former Brownsville Mayor Eddie Treviño Jr., community activist and retired grandmother Rebecca Gomez, and Cameron County Pct. 2 Commissioner John Wood, show the struggles of raising funds.

The most recent campaign statements were filed this month in the Cameron County Election & Voter Registration Office.

But the three candidates also say they have other things on their minds.

"I am more concerned in getting to the people and getting out the vote," Treviño said.

"I really don't want to owe anybody any favors," Gomez said.

"I've always been short on money, but long on votes," Wood said.

Treviño and Wood wouldn't say how much money they hope to raise, while Gomez doesn't expect to raise much money.

On the other hand, Incumbent County Judge Carlos Cascos, the lone candidate for the post in the Republican Party Primary, has amassed more money in his war chest dating back to late 2008 than the three Democratic Party candidates combined have.

Cascos will face the Democratic Party's nominee in the November General Election.

Cascos said that he expects his re-election bid to cost about $200,000, which is about $50,000 more than in 2006 when he unseated former Cameron County Judge Gilberto Hinojosa, the Democratic Party's nominee and incumbent.

But Cascos noted, "I also recognize that times are very, very difficult for a lot of people and the contributions might not be there based on the economy."

Treviño's report covers the period of Sept. 3, 2009 to Dec. 31, 2009. It shows $30,366 in contributions, $56,267 in expenditures and $50,000 in loans. Of the loans, he received an unsecured $30,000 loan from the International Bank of Commerce in Brownsville and injected $20,000 of his personal funds into the campaign.

His major contributors of $1,000 or more are his law firm Treviño & Bodden, attorney Charles Willette and his wife, Conrad A. Bodden and his wife and Treviño family members, Esparza & Garza LLP, Rafael E. Varela and his wife, the Texas Democratic Party, William Conner and his wife, Carlos Varela, Arthur A. Delgado and his wife and funds from Treviño's mayoral campaign account.

"It's basically my family and close friends (who are campaign contributors). The economy has hampered everyone's ability to raise money. It is always difficult, but it is more difficult now," Treviño said. His hope is to raise as much as he can to run an efficient and victorious campaign.

Gomez said that her race is a "very poor and humble" one. She has spent about $750 in campaign signs, but this cost will appear in the statement to be filed about a month before the primary. She paid the $1,250 filing fee with her personal funds.

"I want to represent the people and I don't want any ties with anybody," she said. Gomez said she is paying for her signs with money she receives for caring for her grandchildren.

Wood's statement covers July 1 through Dec. 31. He reported $6,695 in contributions and $3,708 in expenditures. The largest contribution of $3,190 came from Key Mortgage LLC of Harlingen in an in-kind contribution of an advertising billboard. The next largest was $500 from James N. Frinzi with Volver International of Brownsville and Austin -- a firm that state Sen. Eddie Lucio Jr. and his son state Rep. Eddie Lucio III are now involved in, Lucio Jr. serving as executive director and senior consultant, while Lucio III is a partner.

Wood, a longtime elected official and also a former Brownsville city commissioner, said he has never been the top money raiser in any of his races. "I tend to be more grassroots and personal," Wood said. "I will do okay in the fundraising, but it won't be huge amounts. The ads won't be as big as the other guys or ladies, but they will be effective," he said.

Cascos started the new year with $75,125 in his campaign pocket, which he said was raised mostly from golf tournaments in 2008, other fundraising efforts and money he had left over from the 2006 election bid against Hinojosa.

The delinquent tax collection firm of Linebarger Goggan Blair & Sampson LLP gave Cascos $10,000 in one day, the January 2009 statement reflects.

Leon Falic, Jerome Falic and Simon Falic, all of Florida, whose ties to the county relate to land leased from the county for the Falic's UETA stores, contributed $6,000 combined. S & B Political Action Committee, of Houston, donated $5,000 and another $5,000 came from Naples Investment 1, LLC, of Dallas. Cascos also got $5,000 from Eric C. Ybarra, of Weslaco. Ybarra is with the Dos Logistics firm.

The Kansas City-based HNTB Holdings LTD donated $2,500.

Other contributors of $2,500 were the Joe V. LaMantia Jr. family, of McAllen, Todd Compton, of TEDSI Infrastructure Group, and his wife, of San Antonio, and Bill Bowlin, of Sugarland.

Jacinto Garza with L & G Consulting Engineers Inc. of Mercedes gave him $1,000, and Pedro Aguirre contributed $1,000. Both also have worked on county projects.

Several of the firms that contributed to Cascos in the past donated heavily to Hinojosa. Cascos used to criticize donations from firms that did business with the county, or potentially could, and many of these had and have a relationship with the county.

Asked what has changed since then, Cascos said that he voted against a contract with the Linebarger firm and didn't believe that any contract involving some of the other firms that might still do business with the county have come up before Commissioners Court for renewal.

"I have no problem abstaining," said Cascos of not voting on contracts involving major donors that could come up before Commissioners Court, noting that he would want to avoid even the appearance of impropriety.

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