Thursday, January 31, 2019

Governor’s Appointments


Illinois News

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Gov. Pritzker Announces Key Appointees, Including IDPH and IDVA Directors, U of I Board Members and Staff

Thursday, January 31, 2019 - Governor, Office of the

Springfield, Ill. — Building on a strong team of diverse experts in their fields, Governor JB Pritzker announced the following personnel appointments:

STATE AGENCY DIRECTORS

Dr. Ngozi Ezike will serve as Director of the Illinois Department of Public Health (IDPH).* Dr. Ezike is a board-certified internist and pediatrician who comes to IDPH from Cook County Health, where she has served for more than 15 years. She currently serves as medical director at the Juvenile Detention Center, the largest juvenile detention facility in the country. Previously, Dr. Ezike served as medical director for the Austin Health Center where she actively engaged with the community through health initiatives involving obesity, diabetes, and breastfeeding. She also has delivered inpatient care at Stroger Hospital as well as primary and preventive care in community and school-based clinics. Dr. Ezike is a national policy advisor on juvenile correctional health topics who has presented at numerous local and national conferences for medical professionals and youth audiences alike. She received her Doctor in Medicine from University of California at San Diego and her Bachelor of Arts in chemistry from Harvard University. Dr. Ezike also holds a management certificate from Harvard Business School and is an assistant professor in the Department of Pediatrics at Rush University.
Jaime E. Martinez will serve as Director of the Illinois Department of Veterans' Affairs (IDVA).* Martinez currently serves as executive director of Illinois Joining Forces, a nationally-recognized statewide nonprofit and public-private partnership that brings services and support to veterans at the community level. A 26-year Army combat veteran, Lieutenant Colonel (R) Martinez was assigned to operational infantry units throughout his career and deployed to Panama, the Gulf War, Iraq and Afghanistan (twice), four of these deployments as a paratrooper with the 82nd Airborne Division. When not serving on the line with troops, he was assigned as a policy advisor in the Office of the Secretary of Defense, Office of the Vice President, United States Senate and the Office of the Under Secretary of the Army. After his medical retirement from the Fort Belvoir Wounded Warrior Battalion in 2010, he has served as a staff attorney for veteran legal aid clinics, general counsel to the Illinois Department of Veteran Affairs, senior counsel to Student Veterans of America (National), supervising attorney to the Illinois Armed Forces Legal Aid Network (IL-AFLAN), and as the executive director of the Illinois Joining Forces Foundation. He received his Master of Arts in Law and economics and his Juris Doctorate from the George Mason School of Law and his Bachelor of Arts in political science from Eastern Illinois University. Martinez was also a distinguished graduate of the United States Marine Corps Command and Staff College.

UNIVERSITY OF ILLINOIS BOARD OF TRUSTEES

Kareem Dale will serve on the Board of Trustees of the University of Illinois.* Dale is currently a director and senior counsel at Discover Financial Services. He previously served as special assistant to the president and associate director of the Office of Public Engagement in the Obama White House and as the national disability director for the Obama-Biden Transition and Obama for America. He founded the Dale Law Group after spending eight years representing Fortune 500 corporations and privately-held companies as a litigation attorney for Winston & Strawn LLP. Dale currently serves on the Chicago Cook Workforce Innovation Board and formerly was a board member of Access Living and board president of the Black Ensemble Theater. He received his Juris Doctor, Master of Business Administration and Bachelor of Science in advertising from the University of Illinois at Urbana-Champaign.

Donald Edwards will serve on the Board of Trustees of the University of Illinois.* Edwards is the founder and CEO of Flexpoint Ford, LLC, a private equity investment firm with $3 billion under management that focuses on health care and financial services. Prior to founding Flexpoint in 2004, he was a principal at GTCR from 1994 to 2003 and an investment banker at Lazard Ltd. During his career, Edwards has served as a director on the boards of more than 20 publicly- and privately-held companies as well as theChicago Park District, the Museum of Contemporary Art, Lurie Children's Hospital of Chicago and World Business Chicago. He received his Master of Business Administration from the Harvard Business School and his Bachelor of Science in finance from the University of Illinois at Urbana-Champaign.

Ricardo Estrada will serve on the Board of Trustees of the University of Illinois.* Estrada is CEO of Metropolitan Family Services, one of Illinois' largest and best respected human services agencies. Since joining Metropolitan in 2011, Estrada has helped the agency double its growth in revenue and families served. Estrada has nearly three decades of leadership experience in human services, philanthropy and government. Prior to joining Metropolitan, Estrada served as first deputy commissioner of the City of Chicago's Department of Family and Support Services (DFSS). Before that, he served as executive director of Erie Neighborhood House in Chicago. He received his Master of Business Administration from the University of Illinois at Chicago, his Master of Arts in social service policy and administration from the University of Chicago, and a Bachelor of Science in psychology from Loyola University.
Patricia Brown Holmes will serve on the Board of Trustees of the University of Illinois.* Holmes is a managing partner at Riley Safer Holmes & Cancila LLP and was formerly a partner at Schiff Hardin LLP from 2005 to 2016. She has practiced law on both sides of the bench in courtrooms at every level, serving as Associate Judge of the Circuit Court of Cook County, assistant U.S. attorney, assistant state's attorney for Cook County, and Chief Assistant Corporation Counsel for Municipal Prosecutions for the city of Chicago. She received her Juris Doctor and Bachelor of Science from the University of Illinois at Urbana-Champaign.
Naomi Jakobsson will serve on the Board of Trustees of the University of Illinois.* After teaching at the Urbana School District and the University of Illinois at Urbana-Champaign early in her career, Jakobsson went on to represent UIUC and the 103rd House District from 2002 to 2015. In the legislature, she chaired the House Committee on Higher Education and was a member of the Appropriations-Higher Education Committee. Jakobsson previously served as Champaign County Recorder for 12 years, interim director of a domestic violence shelter and the executive director of the University YWCA. She received her Master of Science in teaching English as a second language and Bachelor of Arts in history from the University of Illinois at Urbana-Champaign.


OFFICE OF THE GOVERNOR

Ramon Gardenhire will serve as Deputy Chief of Staff for Policy in the Office of the Governor. Gardenhire currently serves as the vice president of policy for the AIDS Foundation of Chicago, overseeing AFC's advocacy and policy work at the federal, state and local level. Gardenhire previously served as AFC's director of government relations from 2011 to 2013 where worked to expanded Medicaid coverage for half a million Illinoisans and helped enact comprehensive sexual health education for Illinois students. Before coming to AFC, Gardenhire worked at the SEIU Healthcare Illinois-Indiana, Federation for Community Schools, Young Democrats of America, National Democratic Committee, The American Academy of Child and Adolescent Psychiatry and the American Academy of Physician Assistants, where he worked on state level political and legislative initiatives. He received his Juris Doctorate from Wayne State University Law School and his bachelor's degree from Slippery Rock University.
Pat Collier will serve as Deputy Chief of Staff for Federal Affairs in the Office of the Governor. Collier previously served as policy director on Governor Pritzker's campaign. Prior to the campaign, he was the director of government affairs for the Center for American Progress, a progressive Washington think tank. Collier also spent several years as policy counsel to Senate Majority Leader Harry Reid and Minority Leader Chuck Schumer on the U.S. Senate Democratic Policy Committee. He also served as a regional political director for Obama for America in 2008. He received his Juris Doctor from the Washington University in St. Louis School of Law and his Bachelor of Arts in government from the University of Virginia.
* Appointment pending confirmation by the Illinois Senate.

Above is from:  https://www2.illinois.gov/Pages/news-item.aspx?ReleaseID=19656

Pritzker Administration Adds Sol Flores as Deputy Governor, Announces Three Agency Heads

Thursday, January 17, 2019 - Governor, Office of the

Today, Governor JB Pritzker made the following personnel announcements in his administration:
Sol Flores will serve as Deputy Governor. Flores is the founding Executive Director of La Casa Norte, a non-profit organization established in 2002 that has served more than 30,000 youth and families confronting homelessness. Flores built La Casa Norte from two employees with a $200,000 annual budget to an 80-employee, multi-million-dollar organization that delivers inspiration, hope and critical services to the lives of homeless families, single parents, victims of domestic violence and abandoned youth. She has served on numerous working groups and commissions as a tireless advocate.  Flores currently serves on the board of directors at the Latino Policy Forum, The Chicago Low Income Housing Trust Fund, Community Renewal Society, Hispanic Housing Development Corporation and Kuumba Lynx. Flores was raised by a single mother who came to Chicago from Puerto Rico and has been recognized as a national Champion of Change for her work by the Obama White House.

John Kim will serve as Director of the Illinois Environmental Protection Agency (IEPA).*
Kim has served in many senior roles during his distinguished 25 years at the department under five governors of both parties. He currently serves as chief legal counsel, where he supervises a legal staff of approximately 40 employees. Kim previously served as director, interim director, ethics officer, deputy general counsel, assistant counsel/special assistant attorney general, and project manager for an IEPA-China pollution prevention project. Kim left the IEPA for just over a year to serve as acting general counsel of the Illinois Department of Agriculture in 2008 and 2009. Before joining IEPA, Kim was an Assistant Attorney General of Illinois and was the general counsel to the Midwest Environmental Enforcement Association. He received his Juris Doctor from Southern Illinois University Carbondale and his Bachelor of Science in industrial engineering from the University of Illinois at Urbana-Champaign.

Jim Bennett will serve as Director of the Illinois Department of Human Rights (IDHR).*
Bennett served as the Midwest Regional Director at Lambda Legal, the nation's largest legal organization dedicated to securing the full civil rights of the LGBTQ community and people with HIV. During his 12-year career there, Bennett was a lead strategist in Lambda Legal's Illinois and Iowa marriage campaigns and successfully fought Indiana's RFRA and their discriminatory ‘religious refusal' laws. In 2013, he chaired Illinois Unites for Marriage, the statewide coalition that led the successful effort to win marriage equality in Illinois. Prior, Bennett served as acting senior external affairs director at Howard Brown Health, marketing and development director at the Shriver Center, and several roles at the American Red Cross' national and central Illinois regional offices. He was inducted into the City of Chicago's Gay and Lesbian Hall of Fame in 2013 and was the recipient of Equality Illinois' Freedom award in 2018. He received his MBA from the University of Illinois at Springfield and his Bachelor of Science in marketing from Illinois State University.
Michael Kleinik will serve as Director of the Illinois Department of Labor (IDOL).* Kleinik currently serves as executive director of the Medical Cannabis Alliance Of Illinois. He previously served as the executive director of the Chicago Laborers' District Council's Labor-Management Cooperation Committee from 2008 to 2018. Prior, Kleinik served as IDOL's chief of staff and as manager of the department's Conciliation and Mediation Division. He also previously worked for the Midwest Region Laborers' District Council and was elected two terms as Fayette County Sheriff in 1990 and 1994. He began his career as a deputy sheriff in Bond County and then as a Vandalia police officer.
* Appointment pending confirmation by the Illinois Senate.

Previous appointments to the Pritzker administration include:

State agency directors:

• John Sullivan, director of the Illinois Department of Agriculture (IDOA)
• Janel L. Forde, director of the Illinois Department of Central Management Services (CMS)
• Erin Guthrie, director of the Illinois Department of Commerce and Economic Opportunity (DCEO)
• Alicia Tate-Nadeau, director of the homeland security and the Illinois Emergency Management Agency (IEMA)
• Theresa Eagleson, director of the Illinois Department of Healthcare and Family Services (HFS)
• Heidi Mueller, director of the Illinois Department of Juvenile Justice (IDJJ)
• David Harris, director of the Illinois Department of Revenue (IDOR)
• Alexis Sturm, director of the Governor's Office of Management and Budget (GOMB)
• Matt Perez, Illinois Fire Marshal

Office of the Governor:

• Anne Caprara, chief of staff
• Dan Hynes, deputy governor
• Christian Mitchell, deputy governor
• Jesse Ruiz, deputy governor
• Nikki Budzinski, senior adviser
• Ann Spillane, general counsel
• Emily Bittner, deputy chief of staff for communications
• Jordan Abudayyeh, press secretary
• Sean Rapelyea, deputy chief of staff for external affairs
• Tiffany Newbern-Johnson, deputy chief of staff for legislative affairs

Above is fromhttps://www2.illinois.gov/Pages/news-item.aspx?ReleaseID=19616

Opinion: It’s official: The Trump tax cuts were a bust


Published: Jan 31, 2019 12:02 p.m. ET

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1,053

Lower taxes helped goose profits and stocks, but did little for jobs or the economy

Reuters

President Donald Trump

By

HOWARDGOLD

COLUMNIST

Right before Congress passed the Tax Cuts and Jobs Act in December 2017, President Trump proclaimed:

“It’ll be fantastic for the middle-income people and for jobs, most of all ... I think we could go to 4%, 5% or even 6% [GDP growth], ultimately. We are back. We are really going to start to rock.”

A year later, it’s very clear that the tax cuts boosted gross domestic product and jobs a bit — and just for one year. Its effects are fading as U.S. GDP growth appears likely to weaken in 2019. The only thing that “rocked” were corporate profits and the stock market. And we’re facing trillion-dollar deficits as far as the eye can see.

The Tax Cuts and Jobs Act made small cuts in rates to most individual taxpayers, while cutting the corporate tax rate from 35% to 21%, expanding deductions for “pass-through” companies, and taxing only corporate income earned in the U.S., not worldwide. That theoretically removed a major barrier to U.S.-based multinational corporations repatriating the estimated $2.6 trillion in accumulated earnings they’re holding overseas.


Muted hiring, investment plans

The failure of the tax cut bill to achieve those intended results was made clear Monday when the National Association for Business Economics (NABE) released its January Business Conditions Survey. This is a poll of more than 100 economists employed by major firms in corporate America, so they’re hardly lefties. But they are guided by facts and hard data, not supply-side delusions.

Some 84% of these economists reported that in the year since their passage, the tax cuts “have not caused their firms to change hiring or investment plans.”

Actually, data show that firms did boost capital spending in the first half of last year, but that was fading by the third quarter. And an analysis by Daniel Alpert of Westwood Capital, reported by the Financial Times, showed that businesses put more than half of that into technology and intellectual capital, and only 28.6% in new structures and equipment, the opposite of 1998, a year when GDP grew by 4.5% and income was rising.

Buyback bonanza

So where is all that money going? Where else? Share buybacks, which hit a record $1.1 trillion in 2018. Companies actually spent more on buybacks than on capital investments in 2018’s first half, and remember, capex weakened as the year went on. Buybacks shrink the number of shares, boosting earnings per share and eventually, the stock price. That helps all shareholders, of course, but especially corporate executives, more than half of whose total compensation is in stock.

And what happened to all the trillions of dollars the president promised corporations would bring back to the U.S.A. from overseas? That, too, has turned out to be a bust — the amount dropped 50% in the third quarter after starting out strong in the first half of 2018. See a pattern here?

As economists projected, the tax cuts did boost GDP a bit: When 2018’s final numbers are in, GDP probably will have grown 2.9-3%. That’s a nice jump from 2.2% in 2017 and the anemic 1.5% in 2016, the year Trump was elected. But it will be virtually identical with the 2.9% GDP growth recorded in 2015, the highest of the Obama years. Since economists expect U.S. GDP growth to slow to the mid-2% level this year — and some are even predicting a recession — that may turn out to be the peak of the Trump years, too.

Job growth has picked up, having risen by 2.6 million in 2018, vs. a gain of 2.2 million in 2017. It’s unclear how much of that can be attributed to the tax cut, since health care and professional and business services set the pace again, as they have for the past 30 years. As my MarketWatch colleague Tim Mullaney pointed out, the gains in manufacturing — which the president promised would go through a revival — have been pretty modest.

Booming company profits

So, who gained? Well, corporate profits surged $78.2 billion in the third quarter, accelerating over the second quarter’s $65 billion gain. Earnings for the companies in the S&P 500 Index SPX, +0.86%  probably topped $148 per share last year, about a 40% gain from the end of 2016. That’s exactly what the S&P 500 gained from just before the election to its October 2018 all-time high.

The numbers couldn’t be clearer: Corporations, big shareholders and top corporate executives reap the lion’s share of the gains from the 2017 tax cut, which should be renamed the Shareholder and CEO Enrichment Act of 2017. It didn’t boost economic growth that much, didn’t start a capital spending boom or U.S. manufacturing renaissance, didn’t bring overseas profits back home, and might have led to modest job growth but little discernible wage increases. And we’ll all be stuck with the bill for a long, long time.

Howard R. Gold is a MarketWatch columnist. Follow him on Twitter @howardrgold.

Above is from:  https://www.marketwatch.com/story/its-official-the-trump-tax-cuts-were-a-bust-2019-01-30?mod=cx_picks&cx_navSource=cx_picks&cx_tag=mw&cx_artPos=7#cxrecs_s

Where to retire?

So you are thinking about retiring…

You can retire to Phoenix, Arizona where...
1. You are willing to park 3 blocks away because you found shade.
2. You've experienced condensation on your hiney from the hot water in the toilet bowl.
3. You can drive for 4 hours in one direction and never leave town.
4. You have over 100 recipes for Mexican food.
5. You know that "dry heat" is comparable to what hits you in the face when you open your oven door.
6. The 4 seasons are: tolerable, hot, really hot, and ARE YOU KIDDING ME??!!

OR

You can retire to California where...
1. You make over $250,000 and you still can't afford to buy a house.
2. The fastest part of your commute is going down your driveway.
3. You know how to eat an artichoke.
4. You drive your rented Mercedes to your neighborhood block party.
5. When someone asks you how far something is, you tell them how long it will take to get there rather than how many miles away it is.
6. The 4 seasons are: Fire, Flood, Mud, and Drought.

OR

You can retire to New York City where...
1. You say "the city" and expect everyone to know you mean Manhattan.
2. You can get into a four-hour argument about how to get from Columbus Circle to Battery Park, but can't find Wisconsin on a map.
3. You think Central Park is "nature."
4. You believe that being able to swear at people in their own language makes you multi-lingual.
5. You've worn out a car horn. (Ed. Note if you have a car).
6. You think eye contact is an act of aggression.

OR

You can retire to Minnesota where...
1. You only have four spices: salt, pepper, ketchup, and Tabasco.
2. Halloween costumes fit over parkas.
3. You have more than one recipe for casserole.
4. Sexy lingerie is anything flannel with less than eight buttons.
5. The four seasons are: winter, still winter, almost winter, and construction.

OR

You can retire to the Deep South where....
1. You can rent a movie and buy bait in the same store.
2. "Y'all" is singular and "all y'all" is plural.
3. "He needed killin" is a valid defense.
4. Everyone has 2 first names: Billy Bob, Jimmy Bob, Mary Ellen, Betty Jean, Mary Beth, etc. etc
5. Everything is either "in yonder," "over yonder" or "out yonder."
It's important to know the difference, too.

OR

You can retire to (Boulder) Colorado where....
1. You carry your $3,000 mountain bike atop your $500 car.
2. You tell your husband to pick up Granola on his way home and so he stops at the day care center.
3. A pass does not involve a football or dating.
4. The top of your head is bald, but you still have a pony tail.

OR

You can retire to the Midwest where...
1. You've never met any celebrities, but the mayor knows your name.
2. Your idea of a traffic jam is ten cars waiting to pass a tractor.
3. You have had to switch from "heat" to "A/C" on the same day.
4. You end sentences with a preposition: "Where's my coat at?"
5. When asked how your trip was to any exotic place, you say, "It was different!"

OR

Lastly, you can retire to Florida where...
1. You eat dinner at 3:15 in the afternoon.
2. All purchases include a coupon of some kind -- even houses and cars.
3. Everyone can recommend an excellent dermatologist.
4. Road construction never ends anywhere in the state.
5. Cars in front of you often appear to be driven by headless people.