In 1979, the newly elected mayor of Chicago, Jane Byrne, at the recommendation of some labor union officials, named me to be a “consumer commissioner” on the City of Chicago Health Systems Agency (HSA) Board of Directors. I remained in that position for three years. I can’t say that either I, or the HSA, accomplished much, but it certainly was an educational experience.
In March, Federal Reserve Chair Ben Bernanke saw 'green shoots' in the economy. Since then, various economists and government officials have seen signs that the recession may be bottoming out, with hopes that economic growth may start later this year. And many journalists in the business media are joining in, acting like paid touts for the stockbrokers.