by Doug Ibendahl, Republican News Watch
Sunday, Nov 23, 2014
Quincy, IL News - QuincyJournal.com
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migraine_in_qcy - Quincy Regional Airport makes another late season push for 10,000 departures - Quincy, IL News - Qui
Funny, I thought GuyFawkes10 was suggesting that the people would indeed fly to STL, and then shuttles would drive them back to Quincy. Sounds like enplanements to me.
eaglebeaky - Quincy Regional Airport makes another late season push for 10,000 departures - Quincy, IL News - Qui
With all due respect, I'm gonna go out on a limb and say that there has got to be a rule against what you are suggesting. In order to receive the federal aviation grant, there have to be 10,000 enplanements. (Enplanements are not the number of tickets that are sold, it's the number of ticketed passengers who actually travel on the flights.) If what you're suggesting was allowed, the…
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Is there a list somewhere on the city's website of how many council meetings attended and or missed by aldermen? If not there should be. That is just as important if not more than Mayor Moore's City report card ie., "how are we doing".
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This is off topic, but your claims like this really need a link, instead of you spewing Democrat talking points on every issue. "a guy paid by oil companies to tell you that extreme levels of his company's byproduct are okeydokey can be more convincing than the near-entirety of Earth's scientists" Who is that oil company guy? And who is "the near entirety" guy? I read the actual…
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Good Luck Eric !

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Editorials & Opinion

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

9 months, 4 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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