Bonehead comment of the day

“We’re not seeking to close the doors of a business here,” Jerstad said. “I am all in favor of small businesses. But we’re seeking to put a cap on this, and 72 percent is really a generous cap, I think.”

Can I give Mr. Jerstad some advice?  Don’t think, you’ll hurt yourself.  72% is $8.28 on a $300 loan.

You can read more in the Argus Leader.

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