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Beth Kassab: Orlando Health gets $75 million from taxpayers

Beth Kassab: Orlando Health gets $75 million from taxpayers

Source: Orlando Sentinel

 

By: Beth Kassab

 

“If you’re keeping score at home, that’s about $121 million of the $181 million purchase price pledged back to Orlando Health. Or a 67 percent rebate.

Taxpayers in west Orange County should be outraged.

They should be demanding to know why this tax district’s board members, who are appointed by the governor, are giving residents’ hard-earned dollars to a giant hospital system that’s flush with money these days even without the tax district’s misplaced generosity.”

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Life Expectancy for White Americans Declines

Life Expectancy for White Americans Declines

Source: Wall Street Journal

By: Betsy McKay

Life expectancy fell for the U.S. white population in 2014 and remained flat for all population groups combined, according to data released Wednesday by the Centers for Disease Control and Prevention, showing how increases in death rates from suicides, drug overdoses and related causes are threatening an important measure of health and prosperity.

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Rotten Advice

Rotten Advice 

America’s revolving door for financial advisers who do down their clients

Source: The Economist

At any rate, they seem to congregate in relatively wealthy, elderly and less educated counties. In some places in Florida and California, one in five advisers has a record of misconduct.

 It is a sorry tale. But information on advisers’ records is at least readily available at BrokerCheck, a website run by FINRA, an American regulator. Clearly, a lot more investors need to use it.

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Why I’m Fighting My Teachers Union

Why I’m Fighting My Teachers Union

By: Harlan Elrich

Source: Wall Street Journal 

I am one of 10 California teachers suing to end compulsory union dues in Friedrichs v. California Teachers Association, which will be heard by the Supreme Court Jan. 11. Our request is simple: Strike down laws in 23 states that require workers who decline to join a union to pay fees anyway. In our view, paying fees to a union should not be a prerequisite for teaching in a public school. No one in the U.S. should be forced to give money to a private organization he or she disagrees with fundamentally. Teachers deserve a choice.

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Putting the Good in Greed

Putting the Good in Greed

By: Adam Satariano

Source: Bloomberg 

Last April, two months after being named the first global head for impact investing at BlackRock, Deborah Winshel flew to San Francisco to meet with Ryan LaFond, a hedge fund manager at the firm. LaFond and a team of researchers had spent two years studying whether algorithms used to predict fluctuations in the stock market could also spot a company whose business is doing good. Identifying responsible corporate citizens was part of the reason Winshel left her job as president of the poverty-fighting Robin Hood Foundation; she believes Wall Street has a role to play in fixing some of the world’s most urgent problems.

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