Tuesday, Sep 30, 2014
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QyFiredUp - Quincy Police Blotter for September 30, 2014 - Quincy, IL News - QuincyJournal.com
Had to look it up: (625 ILCS 5/11-803) (from Ch. 95 1/2, par. 11-803) Sec. 11-803. Starting parked vehicle. No person shall start a vehicle which is stopped, standing, or parked unless and until such movement can be made with reasonable safety. (Source: P.A. 76-1586.)
1950Brutus - Quincy Police Blotter for September 30, 2014 - Quincy, IL News - QuincyJournal.com
Does anybody know what "improper starting" is??
ONCEMORE1 - Practice of end-of-career teacher salary bumps being scrutinized - Quincy, IL News - QuincyJournal.c
Remember, that "year" is nine months long and has about as many vacation days and holidays as most people get in a real year. Kinda changes the perspective of $45,000.......
EgoReputo - Iowa company pitches Newcomb development proposal - Quincy, IL News - QuincyJournal.com
Why all the skepticism and naysayers? Isn’t this latest, greatest New Newcomb deal right in line with “Building for Quincy”? Who cares if this $89 million bond referendum (which will actually cost the taxpayers about $133 million in debt service) is nothing but a sham? Remember, it’s “For The Kids”. Fancy new buildings do such a wonderful job teaching kids. Just ask the soon-to-be enriched architects,…
Stupid_Dems - Iowa company pitches Newcomb development proposal - Quincy, IL News - QuincyJournal.com
I'd like to see a spreadsheet on the city's payback. Seems to me we would be better off selling the lot to the highest bidder at auction. Then we get the property tax and sales tax on any construction with out anymore investment. The city needs to stay out of the business world as their track record is not great. This property is not costing the city anything but the mowing so there is no…

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Editorials & Opinion

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

8 months 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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