In the 2021 Legislative Session, Democratic leadership failed to reduce small loan lending rates from an eye-popping 175% to a still too high but more bearable 36%. 2022 offers Dems a chance for redemption and, on the heels of the… Read More ›
predatory lending
The Last Word About SB 66, the 36% Rate Cap, Misleading Industry Information; We Could Have Built a Better Case
On Saturday we wrote about Retake’s transition, the launch of Rethink Our Democracy, and a critical need for contributions right now to help us develop a 501c3. Sadly, the donate button was corrupted and failed to work. It works now…. Read More ›
Vaccine Update, NM Counties Opening Up, Plus More on How the Predatory Lending Bill Was Gutted
We drove to Amarillo on Tuesday for our second vaccine shot and yesterday both of us were waylaid by mild flu-like symptoms. Today we’re back with updates on NM counties opening up and an interesting take on how lobbyists led… Read More ›
We Thought We Were Done, But Special Session Looms in Two Weeks for Cannabis. Retake & ThinkNM Call to Include 36% Small Loan Rate
We review what got done, what didn’t, who to credit, who to blame, and what to do now, with a special session promised in two weeks. Plus we offer the five-act tragedy of The Gutting of SB 66.
Four Retake-Supported Bills Passed Thursday, 7 On Last Hurdle, SB 66 Predatory Lending Bill In Conference, Battle Lines Drawn
It was a fiery, late night again last night as Sen. Ivey-Soto and Sen. Stewart squared off on HB 20, the paid sick leave bill. Today, we lay out where all our bills stand and what you can do today… Read More ›
Cannabis Moves to Sen. Floor; Predatory Lending Passes But Badly Compromised; Sen Judiciary Still Clogged; Many Good Bills on House or Sen. Floor
Legislative Update We examine the fates of a few bills before taking a deep dive into a press conference staged by Sen. Antoinette Sedillo Lopez, Rep. Patricia Roybal Caballero and environmental groups who were protesting how Senate Judiciary Committee and… Read More ›