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TexasTowelie

TexasTowelie's Journal
TexasTowelie's Journal
February 5, 2019

Rand Paul won big in court, but he doesn't think you should

Whew, buddy.

I’m betting Rand Paul has never been happier to have Democrats around than he was Wednesday afternoon.

That’s when a jury in Bowling Green ordered his neighbor and archenemy to pay him $580,000 for the blindside tackle that broke six of his ribs and collapsed his lung.

If not for those litigious, leftist, liberal lawmakers who have for years kept Kentucky from passing legislation that would limit how much money people can collect when they sue somebody, Rene Boucher might owe Paul a heck of a lot less.

Paul, the junior senator from Kentucky and an eye surgeon, has long favored laws that limit how much a jury can award people in noneconomic damages.

Read more: https://www.courier-journal.com/story/news/local/joseph-gerth/2019/02/01/rand-paul-thinks-you-shouldnt-win-big-like-he-did-court/2733882002/

February 5, 2019

House Speaker Dismisses Chances for Quick Pension Agreement

LOUISVILLE, Ky. (AP) — Kentucky's House speaker is dismissing chances that lawmakers will find quick agreement to revamp one of the country's worst-funded public pension systems.

Lawmakers reconvene in Frankfort on Tuesday after a monthlong break, and the state's pension woes remain a high-profile issue.

Speaker David Osborne told a business group Monday that a bipartisan group of lawmakers continues to review the issue, but the Republican leader warned that anyone thinking a quick agreement will be found "is wrong."

He says pensions changes remain the most divisive and controversial issue to confront Kentucky lawmakers.

Read more: https://www.usnews.com/news/best-states/kentucky/articles/2019-02-04/house-speaker-dismisses-chances-for-quick-pension-agreement

February 5, 2019

Attorney Claims Improper Interference at Kentucky Recount

LOUISVILLE, Ky. (AP) — First a Kentucky state House race went to the Democrat by a single vote, and then a recount declared the race a tie. Now there's a flurry of back and forth drama, with the Democrat's attorney accusing the Republican side of improperly pressuring election officials and the GOP candidate's legal team calling the allegation "false and scurrilous."

Democrat Jim Glenn's lawyer, Anna Whites, said in her election-interference filing that Republican DJ Johnson and his attorney "intentionally violated the integrity of the proceedings by forcing a vote count change and by interfering with the vote count process."

She says the "spoiled ballot" should be removed from the vote count.

Johnson's legal team responded that the Republican and his lawyers "behaved appropriately" at the recount last Saturday in Owensboro, Kentucky.

https://www.usnews.com/news/best-states/kentucky/articles/2019-02-04/attorney-claims-improper-interference-at-kentucky-recount
(no more at link)

February 4, 2019

The Trump Tariffs and the Memphis Electrolux Disaster

A Wednesday announcement by U.S. Senator Lamar Alexander of his co-sponsorship of a bill to return control of American tariff policy from the president to Congress ironically highlights the news, a day later, of the Electrolux Corporation’s decision to abandon its Memphis plant.

One section of Alexander’s press release analyzes the probable deleterious effects of President Trump’s steel and aluminum tariffs on manufacturing plants in Tennessee:

“In general, steel and aluminum tariffs put in place for national security purposes are a big mistake. No state is likely to be more damaged by these tariffs than Tennessee, because in many ways we are the nation’s number one auto state. One third of the manufacturing jobs in Tennessee are auto jobs. We have more than 890 automotive suppliers — almost all of which use aluminum and steel — in 88 of our 95 counties.

“Just last year, the largest employer in Springfield, Tennessee — Electrolux, which makes home appliances — put a $250 million expansion on hold. Electrolux buys all of its steel from U.S. suppliers, but, of course, when you raise the price on imported steel, the price of U.S. steel also goes up, and Electrolux concluded that it could not be competitive in the U.S. market with these higher prices. Now, if we were moving toward a policy of reciprocity — do for us what we do for you — there would be zero tariffs, and the people of Springfield would have a $250 million plant expansion and the jobs that come with it instead of a 25 percent tax on the U.S. steel that Electrolux buys.”


On Thursday, the day following the press release containing this analysis, residents and officials of Memphis were shocked by the news of a pending shutdown by Electrolux of its plant in Memphis, constructed under a 2010 contract calling for nearly $190 million in state and local government incentives without the protection to taxpayers of a “clawback” agreement.

The giant corporation’s plans were presumably affected by such other circumstances as the recent bankruptcy of Sears, for which Electrolux was a major supplier of home appliances. It seems clear that the same arguments put forth by Alexander regarding effects on the Springfield plant of Electrolux might also have had decisively adverse consequences on the company’s plans for the Memphis plant’s future.

Read more: https://www.memphisflyer.com/JacksonBaker/archives/2019/02/01/the-trump-tariffs-and-the-memphis-electrolux-disaster
February 4, 2019

Gannett rejects takeover offer from MNG/Digital First Media

Source: USA Today

Gannett Co. said Monday that its board has unanimously rejected an unsolicited proposal to be acquired by media company MNG Enterprises Inc., also known as Digital First Media, saying the proposal undervalues the company and the board doesn’t believe the offer is credible.

MNG on Jan. 14 offered to buy Gannett for $12 a share in cash, which at the time was a 23 percent premium above its most recent closing price of $9.75 a share. Gannett shares rose as high as $11.99 a share on Jan. 14, but closed Monday at $10.96, down 2.3 percent for the day.

“After careful review and consideration, conducted in consultation with its financial and legal advisers, the Gannett board concluded that MNG’s unsolicited proposal undervalues Gannett and is not in the best interests of Gannett and its shareholders,” the company said in statement. “In addition, Gannett does not believe MNG’s proposal is credible.”

Gannett said that in response to the Jan. 14 offer it sent a letter to MNG offering to arrange a meeting between representatives of both companies, including two of Gannett's independent directors. In the letter, Gannett posed questions that included how MNG would finance the deal, what MNG’s view on antitrust concerns was, and what its approach would be to newsroom staffing and pension obligations. Gannett said MNG’s response was to require a non-disclosure agreement, or NDA.

Read more: https://www.usatoday.com/story/money/business/2019/02/04/gannett-rejects-mng-enterprises-digital-first-media-proposal/2765975002/

February 4, 2019

Health care CEO: 'I'm going to cheat. Don't tell anyone.'

Federal court records have revealed new details and eye-raising emails in the case of two Middle Tennessee health care CEOs who allegedly plotted to forge the signature of a dead patient and used illegal kickbacks to defraud Medicare out of millions.

John Davis, 41, the former CEO of Comprehensive Pain Specialists, and Brenda Montgomery, 71, the head of CCC Medical, were indicted last April by federal prosecutors. Montgomery pleaded guilty to fraud in January and is awaiting sentencing. Davis has pleaded not guilty to all charges.

Montgomery has admitted that she paid kickbacks to Davis in return for him allegedly referring her patients who were in need of medical devices like knee and back braces, whom she used to file about $4.6 million in fraudulent Medicaid claims.

Prosecutors have also said the Davis and Montgomery conspired to forge the signature of a patient who had died so they could continue to bill Medicare in his name. This fraud was revealed in emails between the two CEOs that were later obtained by federal authorities and became the central to the ongoing prosecution.

Read more: https://www.tennessean.com/story/news/health/2019/02/04/tennessee-health-care-ceo-medicaid-fraud-pain-clinics-going-to-cheat/2726150002/

February 4, 2019

As Tennessee's economy improves, TennCare gets more expensive

What’s the opposite of a silver lining?

State officials expect to spend tens of millions more on TennCare in coming years as Tennessee’s improving economy leads to incremental decreases in federal funding for the state Medicaid program, according to budget numbers made public this week.

Currently, TennCare is Tennessee’s most expensive government agency, but the federal government pays for more than 65 percent of the costs. That funding is based on the average income throughout the state, so as Tennessee’s booming economy boosts salaries, the feds will pay for a smaller and smaller share TennCare costs.

The results of those changes were revealed Tuesday during a hearing with Gov. Bill Lee, who has spent several days reviewing projected budgets with every state agency. Gabe Roberts, director of TennCare, told Lee that the federal government would reduce its spending on TennCare by about .5 percent in the upcoming fiscal year, leaving a $41 million “hole” in Tenncare’s budget.

Read more: https://www.dnj.com/story/news/health/2019/01/30/tenncare-budget-federal-funding-tennessee-economy/2720398002/

February 4, 2019

Travis Reinking indicted on 17 counts in Nashville Waffle House shooting

Travis Reinking, the suspect in the April 22 mass shooting at an Antioch Waffle House, has been indicted on 17 counts in the case.

The Davidson County grand jury found the evidence against Reinking was strong enough to support four counts of premeditated first-degree murder, four counts of attempted first degree murder, and a slate of other charges.

The indictment moves Reinking's case closer to a high-profile criminal trial.

Reinking, 30, was charged in the deaths of Taurean C. Sanderlin, 29; Joe R. Perez, 20; DeEbony Groves, 21; and Akilah DaSilva, 23.

Read more: https://www.tennessean.com/story/news/crime/2019/02/04/nashville-waffle-house-shooting-suspect-travis-reinking-indicted-17-counts/2769128002/

February 4, 2019

Mayor Briley alerts state comptroller of 'potential illegal conduct' by Collier Engineering

Nashville Mayor David Briley on Friday notified the Tennessee state comptroller of "potential illegal conduct" from one of the city's top engineering contractors following a Tennessean report on questionable billings from the company.

He also said the city is "prepared to fully cooperate" if the comptroller's office decides to pursue an investigation.

In a Friday letter, Briley alerted Tennessee Comptroller Justin Wilson to evidence that Collier Engineering, a Metro street-paving contractor, billed the city for work while the billing employees attended an NCAA Men's Basketball Tournament game on March 16, 2018, in the company's suite in Bridgestone Arena.

Mayor cites state law on government fraud


As a public official, Briley is required by state law to report possible unlawful conduct to the comptroller.

Read more: https://www.tennessean.com/story/news/2019/02/04/mayor-briley-alerts-state-comptroller-potential-illegal-conduct-contractor/2766972002/

February 4, 2019

First Tennessee Foundation donating $500,000 to The Daily Memphian

First Tennessee Foundation is awarding $500,000 to The Daily Memphian over the next five years.

Charles Burkett, chairman of the First Tennessee Foundation, said he has seen a lot of demand for the digital content The Daily Memphian is putting out.

With the introduction of the online news outlet, daily updates and its accomplished staff of Memphis journalists, Burkett said the foundation "decided it would be very good for the community to have an additional news source."

“The gift from the First Tennessee Foundation allows us to invest in people — more reporters and editors who can help us fulfill our mission of providing high quality, independent journalism to the Memphis area,” said Eric Barnes, president and executive editor of The Daily Memphian.

Read more: https://www.dailymemphian.com/section/business/article/2841/First-Tennessee-Foundation-donating-500000-to-The-Daily-Memphian

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Gender: Male
Hometown: South Texas. most of my life I lived in Austin and Dallas
Home country: United States
Current location: Bryan, Texas
Member since: Sun Aug 14, 2011, 03:57 AM
Number of posts: 112,434

About TexasTowelie

Retired/disabled middle-aged white guy who believes in justice and equality for all. Math and computer analyst with additional 21st century jack-of-all-trades skills. I'm a stud, not a dud!
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