Ohio voters: propositions? - Mothering Forums

Thread Tools
#1 of 3 Old 10-28-2008, 08:40 AM - Thread Starter
ASusan's Avatar
Join Date: Jun 2006
Location: Midwest
Posts: 4,839
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
Any recommendations for sites about voting on the propositions?

I remember someone telling me that voting on Issue 5 was tricky. Like the commercials make it sound like you want to vote no, but you really should vote yes (or was it the other way around?!?).


DS, 10/07. Allergies: peanut, egg, wheat. We've added dairy back in. And taken it back out again. It causes sandpaper skin with itchy patches and thrashing during sleep. Due w/ #2 late April, 2012.

ASusan is offline  
Sponsored Links
#2 of 3 Old 10-28-2008, 10:35 AM
khaoskat's Avatar
Join Date: May 2006
Posts: 2,317
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
The run down is like this...most of the "Issues" 1-6 are constitutional amendments.

The basics of Issue 5 - capping the interest that payday "advance"/"loan" companies can charge; creates a database with information on who takes out payday loans and when they take them out. It also increases the max time you can take the loan out from 15 days (per payday advance company policy) to 30 days.

If you vote "Yes" you are agreeing that the interest rate should be capped.
If you vote "No" you are disagreeing that the interest rate should be capped.

Here is what is going on. You have a lot of people addicted to these "payday loans". You get charged $15 per $100 you barrow. For instance, you "barrow" $300, when you pay it back, you have to pay back $345. Right now, you have to pay this back every 2 wks. If a person comes in and takes one out every 2 wks, which trust me as a former employee in one of these payday advance companies, there are many many many people who do this every pay period, they are barrowing $300 every two weeks. So, if you have 26 bi-weekly period a year, that means a person is paying $1,170 in interest a year to always barrow $300.

This is the reason the payday advance companies are fighting hard against Issue 5. There are thousands of people in the state who are barrowing $300 every 2 weeks for 26 weeks a year.
khaoskat is offline  
#3 of 3 Old 10-28-2008, 01:54 PM
annettemarie's Avatar
Join Date: Mar 2002
Location: In the Restricted Section
Posts: 34,291
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
I'm sorry, but we don't allow political threads in FYT (the only exception would be information-only posts that share the details for an event), as per the FYT Guidelines. Once politics has opened, I can move this thread there.

Flowers, fairies, gardens, and rainbows--
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
: 10 weeks of crafts, handwork, painting, coloring, circle time, fairy tales, and more!
Check out the
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
for family fun, homeschooling, books, simple living, and 6 fabulous children, including twin toddlers

annettemarie is offline  

User Tag List

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Online Users: 9,867

21 members and 9,846 guests
Ana Anka , avocet , BirthFree , Chelsea59 , Childrenareawesome , girlspn , GotProbs , jaho.lore , jamesmorrow , katelove , knitknitknit , lisak1234 , manyhatsmom , Michele123 , nikkyj , philipadzy , RollerCoasterMama , Springshowers , verticalscope , Winny
Most users ever online was 449,755, 06-25-2014 at 12:21 PM.