Join Date: Jul 2002
Location: Tucson, AZ, USA
Voting on Silly issues and terrifying interest rates
One of the items I get to vote upon is an amendment to AZ's constitution that would require a majority vote, of all registered voters, on an issue related to funding.
Another one is an amendment to the State's constitution prohibiting any future additional taxes on housing sales. No, there isn't a proposal to create a new tax if you sell your house.
We have a vote on what looks like an extention to waive the max 36% interest rate for "PayDay" loans. Seems as if that with the waiver they can keep charging up to 430% interest.
I think credit card companies are predators when they raise the interest rates on past loans.
Paying back $1360 on a one year $1000 loan takes my breath away--paying back $430 on a $100 loan if it takes you a year to pay it off--freighting that it is legal. To me, thats legalized terrorism.
Looks like I might have to take the long way home after voting, just to clear my head and calm down.
How many days to CCR? I'm really looking forward to escaping all of this and hangin out with y'all.
Bob, planing to stick my head inside the LT's bowels during the time between the election and inauguration.
"He was a foul caricature of himself, a man with no soul, no inner convictions, with the integrity of a hyena, and the style of a poison toad." H. S. Thompson