Entries Tagged 'Badlands Pawn' ↓

American Legion is considering a partnership to purchase Badlands Pawn

I don’t think this is a bad idea. The letter below (I found on FB) details what they would like to do with the facility and the multiple veteran and military charities/non-profits that would use it and occupy it. I am told that no tax dollars would be used to purchase or run the facility. I guess also the city attorney is working (privately) with the group to help them thru the process, but he is volunteering his time and doesn’t interfere with his public duties.

Is there something else going on with the ‘Badlands’ businesses

First off Mr. Brennan claims he has to pull up shop of DLC and his businesses because of the success of the 36% cap passing. This may well be true.

The news media has reported that it may be that the Badlands businesses may not have been viable on there own. This may well be also true.

But could there be a third scenario? As Brennan has said, he has to close not only his DLC’s in South Dakota but his businesses.

Is what he is really saying, as the media has suggested that the DLC in South Dakota was floating his Badland businesses because they could not float themselves?

But the bigger question is, can business A float business B legally (for tax purposes, losses, profits, etc.) if they are owned by the same person but under different umbrellas?

Don’t know, but one wonders if the IRS is asking the same questions.

And why most people don’t care . . .

I think this quote says it best that most people don’t care Mr. Brennan is leaving Sioux Falls,

He remains a devoted fan of the KBAD radio station, which features the “Morning Crash” show and combines Brennan’s affinity for marketing and hard-rocking hair bands.

“I was listening on the way over here,” he says, sitting up excitedly at the DLC office. “From my house to here I think I heard Slave Raider, Megadeth, April Wine and Ratt, and I was like, ‘This is the best station ever, dude!’”

I’ve learned the hard way over the years that no matter how much money you have, you can’t buy taste. You must be willing to except the fact that not everyone likes what you like, and you shouldn’t be offended by it. While I don’t know Chuck, I’m certainly not mad at him for leaving, he can’t make a buck here anymore, so he is leaving. It’s no different then Long John Silvers closing in Sioux Falls.

Guess we know where the Pomp Room sign went

pomp

Saw this image on the Argus site tonight, seems Badlands pawn is keeping the rusty structure safe. Sorry Paul.