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Want to Buy a Radio Station, Speedway, and Pawn Store that Can't Survive Without Payday Loans?
The euphemism of the week comes from the crybaby of the year, law-breaking payday-loan millionaire Chuck Brennan, who refers to the schlock-and-crock business operations he is shutting down in his final fit of pique at the state of South Dakota as “a massive community enhancement project“:
In 2015 Chuck Brennan and his team launched a massive community enhancement project called Badlands. This project included the best Race track and outdoor amphitheater ever built in the Midwest. It included a 70,000 square foot “Pawn Shop” that had a foundry, tattoo parlor, deli, gun range, gun store, concert venue, music department, casino, house band, entertainment group, radio station and retail store. It created the best Rock station ever in Sioux Falls in KBAD with #1 ratings for 18 months in a row. It created a state of the art Gun Store with an indoor 14 lane shooting range allowing members of law enforcement to shoot for free. At costs of over $75,000,000 spent mostly with South Dakota businesses, and providing over 400 jobs, it made a major impact.
…Without the financial support of Dollar Loan Center, and with an unknown time line, we must make difficult business decisions.
Effective immediately we are permanently closing the Badlands Entities and putting all of the properties and assets on the market for sale [Statement posted on KBAD945.com, 2017.09.23].
…Without the financial support of Dollar Loan Center, and with an unknown time line, we must make difficult business decisions.
Effective immediately we are permanently closing the Badlands Entities and putting all of the properties and assets on the market for sale [Statement posted on KBAD945.com, 2017.09.23].
Yo, Chuck: a project that enhances the community doesn’t need to rely on business schemes that break the law and trap vulnerable members of the community in debt.
Brennan is asking $9.45 million for his racetrack, $9.45 million for his pawn shop (not including the inventory and liquor license), $945,000 for the inventory in the gun shop, $945,000 for his radio license, $945,000 for the radio station building.
Read more: http://dakotafreepress.com/2017/09/24/want-to-buy-a-radio-station-speedway-and-pawn-store-that-cant-survive-without-payday-loans/
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