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The Columbian
Opinion
Cheers: To Clark County commissioners for dropping their costly and misguided legal defense of the countys 2004 Memo of Understanding with the Cowlitz Indian Tribe. The MOU pertained to the mega-casino that the tribe is proposing for a site on Interstate 5 near La Center. Now, if the county commissioners would just relinquish any notion of pursuing a subsequent MOU with the tribe and commissioners Marc Boldt and Tom Mielke have hinted that they might be leaning toward abandoning any MOU idea...
Percentage rate depends on terms In her Feb. 4 letter, Payday lenders are not at fault, Julie Blakeslee wrote that any third-grader would know a $15 fee on a $100 loan is 15 percent was right but she missed an element: the term. Those loans are for a pay period of a week, two weeks , a month. For a week, $15 on $100 is 780 percent at an annual percentage rate (APR); for two weeks, 390 percent, and 195 percent for a month. Most third-graders could get that, too.