Embattled Hospital Debt Collector Taps Politicians For Defense
Thu, 05/17/2012 - 10:35 EDT - NPR - National Public Radio (Business News)
Accretive Health, under fire for how it collects on health care debts, is fighting back. The company has lined up some political luminaries, including Chicago Mayor Rahm Emanuel, to press its case.» E-Mail This» Add to Del.icio.us
On May 4th I wrote Beware, the Tax Man Has Eyes on You: Potential Hike for Illinoisans is Staggering.Six months ago, Chicago Mayor Rahm Emanuel warned that without state legislation to modify the structure of police and fire pensions and implement a “smart funding formula,” Chicago property tax bills would “explode” in 2016. Today I report, the tax man hath arrived.
The average teacher in Chicago makes $76,000 a year for nine months of work. They were offered 16% salary increase spread over four years. Given the system has a $665 million deficit this year and a bigger one next year, I am wondering why there should be a raise at all.
Nonetheless, the New York Times reports With No Contract Deal by Deadline in Chicago, Teachers Will Strike.
Chicago Eyes Bonds that Delay RepaymentsChicago Mayor Rahm Emanuel has his eyes on raising money via Capital Appreciation Bonds.CABs saddle taxpayers with higher costs because they delay interest and principle payments until a final lump-sum payment at the end. CABs have fallen out of favor because of risk. Some cities and states have outlawed them.
WASHINGTON – The TD Bank suddenly found itself in the cross-hairs of the high-caliber political debate over gun control after Chicago Mayor Rahm Emanuel sent a letter to the bank’s U.S. subsidiary asking it to stop lending money to gun manufacturer Smith & Wesson because the company doesn’t support gun controls.
Chicago continues to wrestle with a massive budget gap and severely underfunded pensions. Fresh off a negotiating tussle with the city's teachers and a school strike, Chicago Mayor Rahm Emanuel on Wednesday presents his proposed 2013 budget to the City Council.» E-Mail This » Add to Del.icio.us
Those who thought Mayor Rahm Emanuel would bring change to the city of Chicago thought wrong. As with president Obama, people in Chicago believed in change, but all they got was promises, lies, and the status quo.Thus it should be no surprise that Rahm Emanuel's Reelection Bid Is Not Looking So Hot Right Now.
Surprise, surprise: Donald Trump is making headlines yet again for angering people. This time, it's for stamping an enormous "TRUMP" logo on his nearly completed 96-story Chicago skyscraper, according to The Wall Street Journal.
While the shockingly large scale of death and violence in Chicago has now become so mainstream as not to warrant daily attention by the media, the news that Mayor Rahm Emanuel's son Zach was robbed of his cellphone and assaulted around 10:05pm Friday night near the family's affluent neighborhood home is likely to raise public awareness of just how bad things are getting in 'Chiraq'.