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Rent-to-own News
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Rent-to-own News - RTO ally Danny Davis rallies for Obama seat
Rent-to-own bill co-sponsor Rep. Danny Davis [IL-7] today formally announced his interest in filling President-Elect Barack Obama's unfinished Senate term after Obama officially vacated the position Sunday.
"Yes, I am interested," Davis recently told Pioneer Press. "Yes, there are people who have suggested to me that they would be supportive and that they are supportive of an effort to convince the governor to appoint me to fill that vacancy."
Illinois Governor Rod Blagojevich can appoint any Illinoisan who is 30 years old to replace the state's exiting senator. Blagojevich's pick will serve the remainder of Obama's term -- a little over two years -- but must face the voters of Illinois in 2010 if he or she wants a full six-year term.
Unlike Senate vacancies, should Davis be selected to fill Obama's term, a special election would be required to fill the six-term congressman's seat in the House, Davis told reporters at the press conference.
Vice President-elect Joe Biden also is expected to resign his seat representing Delaware at some point between now and the Jan. 20 inauguration. Democratic Gov. Ruth Ann Minner presumably would pick the successor.
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RTOHQ: The Magazine
RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here. | |||
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Click the links below to download each article as a PDF
Complete issue of RTOHQ: The Magazine | January-February 2010
The Year of the Tiger According to Chinese astrology, the Year of the Tiger begins in February 2010. Tiger John Cleek is making the most of it as he winds down his two-year term as APRO’s president. He reflects on personal and industry-wide accomplishments and the love of family that sustains him.
In the 30-year history of the Association of Progressive Rental Organizations, 17 rental dealers have served as president. To mark APRO’s special anniversary, 15 of these leaders share their experiences in helping to shape the rent-to-own industry.
The Keep Rate Conundrum Calculating keep rate does not seem to improve the rent-to-own business in any discernible way—and yet this calculation, beyond all the others, has had enormous legal and political implications for rent-to-own almost since its inception.
Vendor Spotlight: What's in a Name? These three departed rent-to-own vendors--Joe Eason, Tom Kitchens and Norm Smith--live on, their names indelibly linked to key industry events and honors.
See the current issue of RTOHQ: The Magazine... [PDF format] [HTML format]
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Association of Progressive Rental Organizations 1504 Robin Hood Trail Austin, Texas 78703 800/204-2776, ext. 103 Fax 512/794-0097 |