The unanticipated $224 million shortfall in the Jackson Health System budget has triggered a reaction by county government: we'll take you over. Jackson spends $85 million a month on salaries and could run out of money by this spring. The sponsor of the proposal is queen of unreality; YMCA no-show employee and county commissioner Natacha Seijas. I don't have much kind to say about the fiscal responsibility of the Public Health Trust. In The Herald the trustees expressed "shock" at the county proposal. Shock? On the other hand, replacing them with seven political appointees whose own appointments depend on the unreal world of county commissioners?
The real world problem did emerge in today's front page story. A trustee, Angel Medina Jr. (area president of Region Bank in South Florida) described the problem as "a lack of funding for a growing community need exacerbated by the current economic environment in our community." Let's try to shine that up a little bit: we are in the midst of a Depression only alleviated by the time-release capsules of trillions of dollars in federal taxpayer bailouts. The Depression, triggered by the fraudulent underpinnings of the housing boom-- that wrapped up lowly county commissioners, their campaign contributors, the banks like the one Medina ran for Regions, the Engineering Cartel and Growth Machine supply chain feeding into Wall Street financial derivatives-- means that tax receipts from real estate transactions are massively reduced at the same time that the shadow unemployment rate in one of the nation's poorest counties is pushing over 20 percent.
The sick hospital that cares for Miami's disadvantaged is an accurate reflection of a sick economy. The Miami Herald needs to write that story. The elected officials who know the extent of the sickness-- ie., enormous deficits that will, at some point, have to be funded by increased taxes-- have been wishing, praying and hoping that demand for all those platted subdivisions and condos will be filled with eager and happy buyers leaning on home equity lines of credit to finance the pool furniture. Ain't gonna happen. No Hail Mary passes. The frickinn chickens have come home to roost.