Tuesday, Sep 16, 2014
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WarCry - Sales tax revenues are up in Quincy - Quincy, IL News - QuincyJournal.com
So the airport director announces he's SAVING the taxpayers $45,000 and the very first comment is a veiled bashing on them for spending money for work that the FAA said must be done.... ....and people wonder why Bud Neikamp keeps getting re-elected with his "policy of No."
ReardenShrugged - Durbin denies \'bullying\' businesses - Quincy, IL News - QuincyJournal.com
What a load of crap. Dick Durbin's support for the Big Government and crony-capitalist machine has taken money out of everyones' pockets and has forced many businesses to shut down or leave in order to remain profitable. Durbin is responsible for Obamacare and our skyrocketing insurance premiums. Everything that happens in Obamaland happens with Durbin's blessing. Durbin is responsible…
qfingers - Sales tax revenues are up in Quincy - Quincy, IL News - QuincyJournal.com
You are assuming the federal government moves quickly??? 10,000 PAX in CY2013 means FAA $$ in FY 2015 which starts Oct 1...but budgets don;t get approved that early and haven't for years (can you say "continuing resolution"?). After the budget gets approved they actually then have to write a check. So counting that money this year would be folly. Should be in next year's budget though…
qfingers - Sales tax revenues are up in Quincy - Quincy, IL News - QuincyJournal.com
From://www.quincyil.gov/files/documents/document/000/000/670.2015%20BUDGET%20document.pdf The airport budget shows $249,880 in "Charges for Services". $393,250 comes from our general revenue (at least I assume all the transfers in are from the city general revenue).
QuincyJournal - Sales tax revenues are up in Quincy - Quincy, IL News - QuincyJournal.com
Getting a breakdown of that for you. BG

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Editorials & Opinion

REBEL MEDIA: Rauner’s GTCR linked to nursing home deaths and abuse

7 months, 3 weeks ago by Doug Ibendahl, Republican News Watch

Republican gubernatorial candidate Bruce Rauner pledges to run Illinois government “like a business.” In light of some disturbing facts which have come to light through multiple lawsuits involving Rauner’s former private equity firm, voters had better do their homework into what exactly the catchphrase “like a business” means to Mr. Rauner. 

The nursing home industry came under serious stress in the wake of the Balanced Budget Act of 1997. The law significantly changed Medicare’s reimbursement system. Where before Medicare had reimbursed nursing homes for their costs plus a profit, now there were strict limitations on reimbursements and new regulations on how long patients could stay in nursing homes for certain conditions.

In 2000 The Wall Street Journal said: “The vultures are circling the carnage in the nursing-home industry. With some of the largest nursing-home operators under bankruptcy protection and others heading in that direction, a number of deep-pocketed investors are preparing to swoop in on the choice morsels.”

Bruce Rauner’s Chicago-based investment firm GTCR, LLC (formerly known as GTCR Golder Rauner)decided to get in on the action and one vehicle it used was Trans Healthcare Inc. (“THI”). THI’s launch to acquire nursing homes appealed to GTCR “because a new prospective payment system for Medicare was just being implemented,” said Ned Jannotta Jr., then a GTCR principal.

Jannotta continued, “We thought it would create a lot of distress, and there would be a decline in multiples for assets and a decline in buyers for those assets.”

Rauner was with GTCR for three decades. He left the firm in October 2012 in advance of his run for governor.

GTCR’s foray into the nursing home business might have been good for the bank accounts of Bruce Rauner and his friends. But according to court documents, some elderly residents of those nursing homes paid the ultimate price.

http://republicannewswatch.com/wp/?p=13297

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