IS IT TRUE JANUARY 13, 2017

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IS IT TRUE Billionaire hedge-fund manager George Soros lost nearly $1 billion as a result of the stock-market rally spurred by Donald Trump’s surprise presidential election?…Stanley Druckenmiller, Mr. Soros’s former deputy who helped Mr. Soros score $1 billion of profits betting against the British pound in 1992, anticipated the market’s recent climb and racked up sizable gains, according to people close to the matter?…The divergent bets of the two traders are a stark reminder of the challenges even acclaimed investors have faced following Mr. Trump’s unexpected victory?…Many experts had predicted a tumble for stocks in the wake of the election, but instead the Dow Jones Industrial Average has climbed 9.3%?…this shows how bias can inspire even intelligent people to engage in propaganda type of misinformation campaigns?

IS IT TRUE it is beginning to look like the Affordable Care Act (ACA) is about to be repealed and replaced by something that preserves some popular features but addresses some of the shortcomings?…the very popular features include keeping adult children on a parents policy until age 26 and mandating that pre-existing conditions do not exclude anyone from buying a policy?…there are some who are advocating for a “single payer” system where the federal government essentially becomes the custodian of both delivery of care and paying for it?…this has been done and already exists in two government programs?…the are the VA (Veteran’s Administration) and the Public Health Department?…both of these federal agencies are known for poor management but acceptable care delivery when one finally gets an appointment?…it is highly doubtful that the 80% of the population who participate in the private healthcare system will toleration VA level of service?…maybe the best and least expensive solution all along was to offer the destitute access to healthcare through the VA and Medicaid?

IS IT TRUE good news was just released about the McCurdy Hotel project?…a full nine years after the former mayor of Evansville handed $900,000 to a crony and campaign donor to kick start the project, that ultimately failed and lost the taxpayers $1.4 Million, another company says the project will be completed in 2017?…the old girl is looking pretty good from the outside and we are once again encouraged that this one year project is getting finished at the end of its ninth year?…2017 is shaping up to be a watershed year for downtown Evansville?…it has been a long time coming and we hope to see more successes than failures after 40 years of continual decline?

IS IT TRUE downtown Evansville while seeing a number of new eating establishments is still not immune to having businesses struggle to survive or cease operations?…it has been asked whether or not Salad World has closed?…it does seem to be closed as it hasn’t been open at some obvious times to open?…the CCO hope that Salad World stays open and finds success but it could be another casualty of downtown Evansville as well?

FOOTNOTE: TODAYS ‘READERS POLL’ QUESTIONS IS: Who should be appointed Council next Finance Chairman?

7 COMMENTS

  1. Mr. Soros, being 86 years old, will likely soon pass away and, at which time, his fortune will have gained him nothing and the United States will be a safer place for freedom and all things good and honorable. In the meantime, may his fortune continue to fail and his health stay good.

  2. concerning the poor performance of the VA health system, I’ve long favored elimination of it. Instead issue a VA card allowing treatment at any dr. or hospital, eliminating the admin cost. The efficiency of the present system is terrible.

  3. On the resturants downtown, they will have to provide something special to lure business downtown. I don’t have reason to go there when there are so many other options with good parking, service, prices, and food. There are too many hurdles to jump to be successful in the food business. Start-up resturants have a high failure rate for the first 5 years, a bad risk , with small rewards.

  4. Republicans are wasting their time. Obamacare has “repealed” itself. Exchanges have closed and the few insurance companies still participating are only doing so because Obama is illegally subsidising them with taxpayers’ money. A full expose’ of Obamacare should be demanded.
    Speaking of Obama, his true colors are showing. He terminated long standing U.S. policy of accepting refugees from COMMUNIST CUBA if they make it to our shores. (true refugees) Meanwhile he has those illegally entering via our southern border secretly transported to various states at our expense, never obtaining permission of those states. Illegal aliens. Millions of them take precedent over legitimate refugees from Communist countries.

  5. the simple reason snot nosed barry soetoro screwed the Cuban Americans is that Mr.Trump won 57% percent of their vote and carried Florida………while the illegals coming from the southern border vote give me free stuff democrats overwhelmingly………………….

  6. I think, if I am wrong correct me, that the McCurdy project has gone from high-end condos, to high-end apartments, to apartments. Will there be any rent subsidized apartments in the McCurdy?

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