It shouldn’t have taken a PhD in economics to notice this – Wirepoints Quickpoint
May 17, 2024
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What a representation of Chicago’s plight.
-- Connecting the dots between our economy, government and business --
The Predatory Loan Prevention Act that passed in 2021 instituted a 36% APR interest rate cap on loans, but some pawnbrokers still charge over 200% for loans. A judge in Sangamon County Circuit Court granted pawnbrokers an injunction in September 2021 allowing them to continue charging higher interest rates.
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Twelve Illinois Congressmen vote against bill to give federal custody to non-citizen defendants charged or convicted with assaulting cops – Wirepoints Quickpoint
May 17, 2024
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The bill passed despite their votes in response to certain incidents where local prosecutors are thought to have been too lenient with non-citizens assaulting cops.
The Chicago Teachers Union Plays Hooky – Wirepoints in the Wall Street Journal*
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Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale
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Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.
Public education staffing has ballooned over the years…yet kids still can’t read – Wirepoints on with Jeff Daly of WZUS Decatur Radio
May 17, 2024
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Ted joined Jeff Daly to discuss how politicians can never spend enough on education despite there being no accountability for that spending, the growth of education staffing across Illinois, Mayor Brandon Johnson’s $1 billion demand for Chicago schools, why Gov. Pritzker is providing $830 million in taxpayer subsidies to struggling EV carmaker Rivian, and more.
Some pawn brokers are nothing but fences for Stolen’d property. The people never intend on paying the interest or picking up the items. Then the pawn store sells it on Ebay. The looser is the taxpayer who pays much higher insurance costs.
Democrats are like drug pushers trying to hook their customers on heroin and crush the competition — by hooking the poor on welfare and eliminating lenders of last resort
It’s not that brokers charge 200% interest, it’s that fools pay 200% interest