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jannie122 - Updated: Illinois Tobacco Quitline closes amid grant suspensions - Quincy, IL News - QuincyJournal.c
I am surprised that this money could be used for something else as I thought it was received by states from the Cigeratte companies in a class action court settlement of money for the states to use to encourage people to stop smoking or to encourage people to not smoke.
jannie122 - Study: EPA Global Warming Rule To Kill Nearly 300,000 Jobs - Quincy, IL News - QuincyJournal.com
Not only should we be concerned about the jobs, we should also be concerned about the unreliable nature of "green" energy. The money we (government) have given away to solar and wind we could have "given" in the form of subsidies to develop scrubbers on coal plants. Coal, cheap, efficient, and abundant. With all of the green energy we will see our electric bills raise - all one has to do is look to…
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May I be so bold to nominate Barack O'bama ? Illinoisian, experienced lawyer, liberal to the max.
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Okay fine, have it your way. Instead of offering them a pay cut a another five years with the golden goose I would just stop all negotiations with them and sim
at_ease - Local 63 approves contract - Quincy, IL News - QuincyJournal.com
WarCry- I believe that the city had the opportunity a year ago to give the firefighters a much lower pay increase and voted it down. If money is the real issue here why would they now give them such a good contract. Also, is it fair to close one station to save money? Shouldn't the people in that area be the ones to receive the tax break since they won't have the service any more? "By…

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Editorials & Opinion

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

1 year, 2 months ago by Doug Ibendahl, Republican News Watch

From 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.

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