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Reflections on 2013; What's Important, What's Not? What's Ahead?

MishTalk

The Fiscal Times also rated Obama''s health care promise the " Lie of the Year ". On December 18, the Fed Tapered $10 Billion with Cornucopia of Dovish Platitudes. According to Yahoo!News News the top story of the year was the Jodi Arias trial. I confess. I never heard of her. Had to look it up. Most of the Yahoo!News

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Illinois Supreme Court Rules 2013 Pension Reform Law Unconstitutional; Chicago Teachers "Insulted by 7% Pay Hike Offer"

MishTalk

In 2013, the Illinois legislature took a feeble stab at fixing some small aspects of the Illinois pension problem. 2013 Pension Reform Unconstitutional Today we learn the Illinois Supreme Court Finds 2013 Pension Reform Law Unconstitutional. Pension news out of Chicago keeps getting worse. Analysis State rep Rep.

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Retirement for Chicago Park District Employees, With Full Benefits: Age 58; Reflections on Chicago's Second Triple-Notch Bond Downgrade in Six Months

MishTalk

This includes $40 million in debt related to retiree health care, $426 million in pension debt and $944 million in other long-term debt. Any pension reform bill must match the government retirement age to the private sector retirement age to fix the system. Hey, no problem. The Chicago Park District has more than $1.4

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Monetarism, Abenomics, QE, and Minimum Wage Proposals: One Bad Idea Leads to Another, and Another

MishTalk

In arguably his worst article ever, Pritchard complains France is Looking Straight Down the Barrel of a Deflation Shock. Pritchard bemoans the horrors of falling prices and says " There is a technical solution to this. It is called QE. Pritchard ignores the fact that equity prices are back in bubble land. But Pritchard never mentions that.

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Battle for $15 minimum Wage; Should Companies Pay Workers More? Wal-Mart a Savior or a Pariah?

MishTalk

Employers like McDonalds, Whole Foods, and Sears are raking in enormous profits while workers like us, mostly adults with families, don’t get paid enough to cover basic needs like food, rent, health care and transportation. On Friday, Salon reported Breaking: Massive Black Friday strike and arrests planned, as workers defy Wal-Mart.

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US and Canadian Expatriates Comment on US Healthcare

MishTalk

In Hungary and Spain, you don’t need health insurance if you can prove you can pay your medical expenses (person of means). Switzerland mandates that all people must have some form of health insurance (private). First, Obamacare is 10,500+ pages of legislation, whereas the Canada Health Act is 18 pages.

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How One Hospital Improved Patient Handoffs for the Long Term

Harvard Business

Roughly 80% of serious medical errors (now the third leading cause of death in the United States behind heart disease and cancer) can be traced to poor communication between care providers during patient handoffs, according to a 2012 Joint Commission report. This makes patient handoffs the most frequent and riskiest procedure in the hospital.