Congressman says he will continue effort to restore the minimum wage

Washington, D.C. - Rep. Bruce Braley (IA-01) today issued the following statement after the United States Senate failed to successfully move forward with Sen. Tom Harkin's Minimum Wage Fairness Act, which would have restored the minimum wage to $10.10. Although the bill received the support of 54 senators, it failed to acquire the 60 votes it needed to advance.

"It's a sad day for the 300,000 Iowans who work long hours in tough jobs and are struggling to provide the basics for themselves and their families," Braley said. "America shouldn't be a country where you can work a tough, full-time job and come home and find yourself and your family living in poverty."

 

Braley recently signed a 'discharge petition' designed to force a vote on the minimum wage in the U.S. House.

Earlier this year, Braley released a report on the minimum wage showing that since 1968, Iowans making the minimum wage have seen their real incomes fall by more than 30 percent. This means a parent with one child working 40 hours a week at a minimum wage job is living in poverty. Today, roughly 46,000 Iowans work jobs that pay at or below the minimum wage. Braley's report indicated that over 300,000 Iowans would receive a raise if the minimum wage was raised to $10.10.

His report examines how the purchasing power of minimum wage earners has decreased dramatically over time, resulting in many minimum wage earners living in poverty despite working 40 hours a week. The report also illustrates that over time the gap has steadily grown between minimum wage earnings and earnings of the average worker.

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What will you be doing on May 9, only 9 days from now? Will it be just another Friday, no different from any other - or a milestone day that can change your life for the better?
On May 9, 200-plus leadership-oriented professionals will come together to enjoy Quad Cities Leadercast 2014, a highly informative global simulcast. The event will take place 7 a.m. to 4:30 p.m. at the i Wireless Center in Moline, IL. If you have already registered, thank you! Feel free to share this email with any friends who might be interested in coming with you.
If you haven't registered yet, it's not too late. Quad Cities Leadercast 2014 is an excellent opportunity to learn from some of today's most innovative and influential leadership experts. On May 9, you will have the chance to gain profound insights into the very nature of leadership. These insights can enrich your life by changing the way you look at your interactions with others.
We hope you will clear your schedule for this full-day learning experience. Seats are still available but they are going fast. If you haven't registered yet, you can do so here:


Also, be sure to contact Les Flesher of Results Marketing at 563-322-2065 for group rate codes. You can also visit Quad Cities Leadercast online at https://www.facebook.com/qcleadercast.
We look forward to seeing you at Quad Cities Leadercast 2014!

Senate expected to vote on Fair Tax Act tomorrow; citizens from all corners of the state will demand a 'YES' vote from legislators in both chambers to put Fair Tax on November ballot

 

Springfield - With just 72 hours until the deadline to pass the Fair Tax Act, over 1,000 citizens from all corners of the state will gather in Springfield tomorrow to demand lawmakers vote 'YES' on resolutions that would put the Fair Tax on the November ballot. A Fair Tax - with lower rates for lower incomes and higher rates for higher incomes - is supported by 77% of Illinois voters.

 

The first four months of 2014 have seen a robust discussion about abandoning our state's unfair, regressive 'flat' tax - that results in low and middle income Illinoisans paying two to three times the tax rate that the richest 1% pay - and has put the Fair Tax on the brink of passage, which would continue the conversation into November and let Illinois voters have the final say.

 

Hundreds and hundreds of parents, seniors, small business owners, educators, health care and human service providers; and ordinary taxpayers will hold a rally and press conference at the Lincoln Statue in front of the Capitol Building at 11:30am.  Following the press conference, citizens will participate in one-on-one visits with their legislators to send them one final and resounding message: "We the People" deserve to decide on the Fair Tax for ourselves in November.

 

Under the Fair Tax rates proposed by Chief Senate sponsor Don Harmon and Chief House sponsor Christian Mitchell in SB350, 94% of Illinoisans earning up to $205,000 would receive a tax cut over what they currently pay - with residents earning the median income of $55,137 receiving a $303 break. The proposal would also avoid draconian cuts to vital services like education, health and human services, and public safety currently on the table if 2011 rates are allowed to simply expire.

 

Currently, Illinois lawmakers are prohibited?constitutionally barred?from enacting a Fair Tax. The Fair Tax Act simply allows citizens to vote in the upcoming November election on whether or not they want a Fair Tax.  The effective deadline for lawmakers to put a Fair Tax on the ballot is Thursday, May 1st.

 

***Media interested in covering the event can RSVP to  neal@abetterillinois.org***

 

What: With just 72 hours until the deadline to pass the Fair Tax Act, over 1,000 citizens from all corners of the state will hold a press conference and rally demanding their lawmakers vote 'YES' to allow Illinois voters the opportunity to choose for themselves on the Fair Tax on the November ballot

 

When: Tuesday, April 29th, 11:30AM

 

Where: Lincoln Statue, Capitol Building, Springfield

 

Who: Over One Thousand Illinoisans Voters

Kristen Crowell, Campaign Director of A Better Illinois

Sen. Don Harmon, Chief Sponsor of the Fair Tax Act and SB 350

Rep. Christian Mitchell, Chief Sponsor of the Fair Tax Act

Dan Montgomery, President of the Illinois Federation of Teachers

Chris Dupuis, Small Business Owner from Naperville

Rev. Marilyn Pagan Banks

A Child Care Provider

Others

In addition to the formal program there will be a number of small business owners, faith and community leaders, parents, child care providers, and ordinary taxpayers from all across Illinois available to speak to the media starting at 11:15 AM (and after the program, as well.)  Please contact Neal Waltmire, if you would like to schedule an interview.

 

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Sites in Fort Dodge, Dexter, Van Meter and Iowa Falls receive "development-ready" designation 

 

(DES MOINES) -  Today, Governor Terry Branstad and Lt. Governor Kim Reynolds announced the first four industrial sites to achieve certification through the Iowa Economic Development Authority (IEDA) certified site program.  These four sites are located in the communities of Fort Dodge, Iowa Falls, Van Meter and Dexter.

In an effort to address the lack of project-ready industrial sites in the state, the IEDA rolled out the Iowa Certified Site Program in May 2012. This is an independent, third-party certification program that uses the nationally recognized site selection firm of McCallum Sweeney Consulting (MSC) as the sole certifying agent.  The Iowa Certified Site Program is designed to consider a combination of national site location standards as well as Iowa's natural assets and industry needs of the state's targeted sectors.

"Creating jobs and increasing family incomes for Iowans is my administration's top priority," said Gov. Branstad. "With the announcement that four Iowa sites have gone through a rigorous certification process to be considered 'development-ready,' we are moving Iowa to the top of the list for projects that are looking for a home. Those projects mean more Iowa jobs."

"Hats off to Fort Dodge, Van Meter, Dexter and Iowa Falls for dedicating nearly two year to this process," said Lt. Gov. Reynolds. "Though our administration works tirelessly to attract businesses and jobs to our state, Governor Branstad and I know the final sale is made at the local level. I commend these Iowa communities for time well spent that will pay dividends locally and for our state as a whole."

Site certification is one of the fastest growing trends in the site selection business, and by introducing certified sites to the market Iowa is better able to compete for large scale projects.  By going through this rigorous process, developers -- working closely with their local officials, utility partners and consultants -- are better prepared to market their sites with specific site-related information and community data.  All site due diligence is completed and resulting issues are mitigated, making the site "risk-free" and thus accelerating the development schedule.

"Iowa is improving its competitive position in the world of site selection by certifying these four industrial sites," said Debi Durham, director of the IEDA. "These are four great sites to kick-off Iowa's Certified Sites Program. We are looking forward to seeing many more sites around the state achieve this important designation."

The four sites certified today were among the eight applicants in the first round kicked off in May 2012. After working through the rigorous certification process, these four sites have met the standards of the Iowa Certified Site Program and have now achieved that designation.  Details on Iowa's Certified Sites are below:


The Webster County Ag Center, Fort Dodge

Developable Acres:  447 acres

Zoning:                  Ag/Industrial

Proximity to interstate:  5 miles

Rail Access:  Yes

Organization:  Greater Fort Dodge Growth Alliance

 

Van Meter Vision Park, Van Meter

Developable Acres:  288 acres

Zoning:                  Agriculture

Proximity to interstate:  2.5 miles

Rail Access:  No

Organization:  Greater Dallas County Development Alliance

 

Metro West Interstate and Rail Park, Dexter

Developable Acres:  255 acres

Zoning:                  Industrial Park

Proximity to interstate:  .25 miles

Rail Access:  Yes

Organization:  Greater Dallas County Development  Alliance

 

 

Iowa Falls/Hardin County Industrial Park, Iowa Falls

Developable Acres:  245.97 acres

Zoning:                  Agriculture

Proximity to interstate:  5.1 miles

Rail Access:  Yes -- Dual

Organization:  Iowa Falls Area Development Corporation


Three subsequent application rounds have been opened since the program was established and 15 additional sites are currently working their way through various phases of the program.  The next round of applications will be accepted in July for the following categories:

General Industrial Site -- 50 - 249 contiguous acres

Large Site -- 250 - 499 contiguous acres

Super Site -- 500 - 999 contiguous acres

Mega Site -- 1,000+ contiguous acres

General Industrial Park -- 100+ acres with one site ? 50 acres

Super Park -- 500+ acres with one site ? 250 acres

For more information about the Iowa Certified Site Program, visit www.iowaeconomicdevelopment.com/SiteLocation/CertifiedSite.

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Two-Day Summit to Focus on Great Lakes Protection, Regional Economic Growth

CHICAGO - Governor Pat Quinn today welcomed Governors and representatives from the eight Great Lakes states and two Canadian provinces to Chicago for the Council of Great Lakes Governors 2014 executive meeting. The two-day summit is focused on protection of the Great Lakes and finding innovative ways to grow the economy throughout the Great Lakes region.

"We all share the Great Lakes and the responsibility to protect them," Governor Quinn said. "I look forward to working with this group of regional leaders and taking action on important economic and environmental issues facing the Great Lakes. Together we will find ways to grow the regional economy and ensure safe and clean Great Lakes for generations to come."

The Council of Great Lakes Governors, which was formed in 1983, is a non-partisan partnership of the Governors of the eight Great Lakes states to tackle the severe environmental and economic challenges then facing the Great Lakes region. In more recent years, the Premiers of Ontario and Québec have joined with the Governors in advancing the high performance economy of the Great Lakes region.

The Great Lakes Governors share a dual stewardship for both the world's single largest source of fresh water and the economic heartland of North America. The Great Lakes contain one-fifth of the world's fresh water. The region generates nearly 30 percent of the nation's gross domestic product and about 60 percent of all U.S. manufacturing. Today, the Council's Governors lead strategic alliances to protect our region's natural resources and sustain the region's economy.

Governor Quinn and Michigan Governor Rick Snyder, Co-Chairs of the Council of Great Lakes Governors, are hosting the event and are being joined by representatives of Québec Premier Philippe Couillard and Ontario Premier Kathleen Wynne; Wisconsin Governor Scott Walker; and Senior representatives of Indiana Governor Mike Pence, Minnesota Governor Mark Dayton, New York Governor Andrew Cuomo, Ohio Governor John Kasich and Pennsylvania Governor Tom Corbett.

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SERIES DRAWS PARTICIPANTS FROM 64 COUNTIES



CHICAGO -Comptroller Judy Baar Topinka on Friday announced that 458 local leaders from 64 counties this week participated in her office's three-day, seven-city statewide Follow the Money Series aimed at rooting out fraud and making government more transparent.

 

Hosted in partnership with the Federal Bureau of Investigation and the Illinois CPA Society, the half-day Follow the Money workshops offered presentations detailing best government practices and what community leaders should look for in reviewing budgets and auditing financial records.

 

More information about the Series, including the CPA Society's presentation, is available at illinoiscomptroller.com.

 

"If you follow the money you're going to know where there's trouble," Topinka said. "I was overwhelmed by the response from leaders across the state and in their interest in rooting our fraud and delivering better government. By teaming with the FBI and the CPA Society, we've armed local leaders with new tools to identify wrongdoing and protect public dollars.

 

"The bottom line is that the more set of eyes we have watching government, the more accountable it will be to taxpayers - and that's what Follow the Money is all about."

 

The Follow the Money Series included workshops in Rockford, Moline, Peoria, Springfield, Champaign, Edwardsville and Carterville. Participants traveled from 196 cities and represented 303 governmental bodies. Of the 458 participants, 174 were elected leaders.

 

The Series is part of Topinka's ongoing effort to make government more transparent and accessible. In launching the state Ledger, she enabled residents to click through everything from the state's bill backlog numbers to agency budgets and employee salaries. She then launched the Warehouse, a comprehensive database that puts Local Government financial information and tens of thousands of records at a single location for taxpayer review. Most recently, Topinka announced that her Office would include an insert in tax refunds with state spending and bill backlog information. Each of the initiatives was completed using existing resources.

 

"The Illinois CPA Society was proud to partner with the Comptroller and the Federal Bureau of Investigation to present information about fraud, an issue that the accounting profession takes great strides to detect and prevent," said Todd Shapiro, President of the Illinois CPA Society. "The workshop series provided local elected officials with new ideas and resources on the importance of financial information reporting and audits and what local officials should look for in selecting an auditor and in audit reports."

More than 100 small business owners back a Fair Tax for Illinois, both to spur consumer demand and provide immediate tax relief for 92.5% of small businesses

Chicago, IL - A Better Illinois, the statewide coalition backing efforts to replace Illinois' unfair, antiquated flat tax with a Fair Tax - with lower rates for lower incomes and higher rates for higher incomes - today announced the support of more than 100 small business owners as part of their campaign to put a Fair Tax on the upcoming November ballot. Politicians in Springfield have less than two weeks to pass a bill that would allow Illinois voters to choose for themselves on a Fair Tax in the next election.

Small business owners have cited two key factors in their support for a Fair Tax:

1)    A proposed rate structure that would provide tax relief to 94% of Illinoisans, anyone making under $205,000, putting more money in the pockets of low and middle income consumers which would then be spent on their products and services and

2)    An immediate tax cut for the 92.5% of small businesses with an adjusted gross income (AGI) of $200,000 or less that pay the individual income tax rate.

Naperville's Chris Dupuis, a founding member of Small Businesses For A Fair Tax who penned an op-ed in today's Crain's Chicago Business, put it thusly: "It's simple. A Fair Tax would put money back in our clients' pockets, who would then spend that money supporting small businesses in the area. The lifeblood of any small business is getting customers in the door to purchase their goods or services."

Dupuis also noted that most small businesses exist as pass-through entities, meaning they ultimately pay the individual income tax rate. "This is an immediate tax cut for the overwhelming majority of small businesses," said Dupuis, noting that the adjusted gross income of 92.5% of small business filers is $200,000 or less.

Last week, a Better Illinois released a video, "Small Businesses For A Fair Tax," featuring four Illinois small business owners describing how a Fair Tax would be a boost for their businesses.

Now once again, the DC-based right-wing Tax Foundation is making embarrassingly false claims about a Fair Tax. Not only are they fear-mongering by using rates that are far higher than those proposed in SB350, they've done nothing to make their argument but explain how many small businesses operate as "pass-through" entities. We agree, but we also did some research into what those small business make in terms of adjusted gross income. 92.5% make $200,000 or less, meaning -- far from being a tax increase -- the Fair Tax would be a CUT for the overwhelming majority.

Despite being embarrassed publicly in the past, out-of-state groups are again lying to smear the Fair Tax proposal and deny Illinois voters the chance to decide for themselves on the November ballot. But ask a local small business owner with some skin in the game, and supporting a Fair Tax to boost jobs and growth is a no-brainer.

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New Fund, Established as Part of White House Rural Council's "Made in Rural America" Export and Investment Initiative, Now Allows USDA to Facilitate Private Equity Investments in Agriculture-related Businesses
Fund is the First of Upcoming Announcements on Boosting Investment in Rural America; White House Rural Opportunity Investment Conference to be Held in July

Cedar Rapids, Iowa, April 21, 2014 - As part of the Obama Administration's new "Made in Rural America" export and investment initiative, Agriculture Secretary Tom Vilsack today announced the creation of a new investment fund that will help propel the growth of small businesses across rural America. The new Rural Business Investment Company (RBIC) will now allow USDA to facilitate private equity investments in agriculture-related businesses. Currently, USDA programs exist to help provide loans or loan guarantees to help rural businesses grow, but many small cutting-edge businesses also need equity support in addition to or instead of borrowed funds.

Advantage Capital Partners, which will manage the new fund, and their partners from eight Farm Credit institutions have pledged to invest nearly $150 million into the new effort.

"This new fund will allow innovative small businesses throughout rural America to access the capital they need to grow and create jobs," Vilsack said. "One of USDA's top priorities is to help reenergize the rural economy, and we now have a powerful new tool available to help achieve that goal. This new partnership will allow us to facilitate private investment in businesses working in bio-manufacturing, advanced energy production, local and regional food systems, improved farming technologies and other cutting-edge fields."

The fund is being formed under the USDA's Rural Business Investment Program (RBIP). USDA utilizes RBIP to license funds to invest in enterprises that will create growth and job opportunities in rural areas, with an emphasis on smaller enterprises. Working through the USDA program enables licensed funds to raise capital from Farm Credit System banks and associations.

The Farm Credit System, a nationwide network of banks and lending associations specifically chartered to serve agriculture and the U.S. rural economy, is an essential provider of credit to agriculture and rural America. This new partnership between Farm Credit institutions and Advantage Capital, a leading growth capital and small business finance firm, brings together resources and people that are focused on providing more private capital, small business investment and quality jobs to rural America. This public-private partnership will have a tangible positive impact on our rural economy and is a model of how government can serve as a catalyst for private investment in rural America.

Eight Farm Credit institutions providing initial investments in the RBIC fund are: AgStar Financial Services (Mankato, Minn.); AgriBank (St. Paul, Minn.); Capital Farm Credit (Bryan, Texas); CoBank (Denver, Colo.); Farm Credit Bank of Texas (Austin, Texas); Farm Credit Services of America (Omaha, Neb.); Farm Credit Mid-America (Louisville, Ky.); and United Farm Credit Service (Willmar, Minn.).

USDA also announced that it will be accepting applications for other new Rural Business Investment Companies such as the one announced today. Interested applicants have until July 29th to submit their applications for review in FY2014. Any application accepted after this deadline will be held for consideration next year. USDA intends to accept RBIC applications through 2016, detailed information including application materials and instructions can be found at: www.rurdev.usda.gov/BCP_RBIP.html.

In addition, Secretary Vilsack said that the White House Rural Council, as part of the Made in Rural America initiative, will convene the Rural Opportunity Investment Conference later this year to attract additional investments to rural America by connecting major investors with rural business leaders, government officials, economic development experts and other partners. This conference will promote opportunities to invest in rural America by highlighting successful projects in energy, biofuels and bioproducts, infrastructure, transportation, water systems, telecommunications, health care, manufacturing, and local and regional food systems. To learn more about the conference, visit www.usda.gov/investmentconference.

About the White House Rural Council

To address challenges in Rural America, build on the Administration's rural economic strategy, and improve the implementation of that strategy, the President signed an Executive Order establishing the White House Rural Council. The Council coordinates the Administration's efforts in rural America by streamlining and improving the effectiveness of federal programs serving rural America; engage stakeholders, including farmers, ranchers, and local citizens, on issues and solutions in rural communities; and promoting and coordinating private-sector partnerships. With the signing of the Farm Bill in early February, President Obama directed the Council to lead a new "Made in Rural America" export and investment initiative, charged with bringing together Federal resources to help rural businesses and leaders take advantage of new investment opportunities and access new customers and markets abroad. The work of the White House Rural Council and USDA to bring investment to rural America is an example of how the Administration is creating smart partnerships with the private sector to better support Americans in all parts of the country.

About USDA's Rural Business Investment Program (RBIP)

The Rural Business Investment Program promotes economic development in mostly rural areas by helping to meet the equity capital investment needs of smaller enterprises in such areas. USDA licenses newly formed for-profit investment fund entities as Rural Business Investment Companies (RBICs). RBICs use the equity raised in capitalizing their fund to make equity and equity-like investments mostly in smaller enterprises located primarily in rural areas.

About the Farm Credit System

For nearly a century, Farm Credit has been a national provider of credit and related services to rural America through its cooperative network of customer-owned lending institutions. Farm Credit provides more than $200 billion in loans and leases to farmers, ranchers, rural homeowners, aquatic producers, timber harvesters, agribusinesses, and agricultural and rural utility cooperatives. For more information about the Farm Credit System, please visit www.farmcredit.com.

About Advantage Capital Partners

Advantage Capital Partners is a growth capital and small business finance firm focused on providing growth capital and other investments supporting state and local economic development efforts. The firm's typical forms of investment include venture, expansion equity, mezzanine financing, senior and subordinated loans and government-guaranteed lending. With offices and partners in New Orleans, St. Louis, Chicago and other U.S. cities, Advantage Capital has invested more than $1.6 billion since 1992. The firm invests in small businesses across a wide range of industries that are located in geographic areas underserved by traditional sources of capital.

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USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users).


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FOLLOW THE MONEY

COMPTROLLER PARTNERS WITH FBI, CPA SOCIETY


MOLINE - Comptroller Judy Baar Topinka will welcome more than 60 elected leaders from the Quad Cities on Tuesday at a Follow the Money workshop aimed at rooting out fraud and making government more transparent.

The Quad Cities event is part of a statewide Follow the Money Series hosted by the Comptroller's Office in partnership with the Federal Bureau of Investigation and the Illinois CPA Society. An 11 a.m. address by Topinka will follow presentations from the FBI, CPA Society and Comptroller's Office.

The workshop which begins at 8 am, will conclude at Noon.

SCHEDULE FOR TUESDAY, APRIL 22, 2014:

WHAT:       FOLLOW THE MONEY SERIES

WHEN:       11 AM

WHERE:    Black Hawk Community College

6600 34th Ave., Moline

WHO:         Comptroller Judy Baar Topinka

Representative from the Illinois CPA Society

Representative from the Federal Bureau of Investigation

Black Hawk Community College President Dr. Thomas Baynum

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May 9, 2014 Full-Day Event Explores Vital Leadership Concepts

 


IA/IL QUAD-CITIES - "Our jobs ask much of us. And so do our lives. Employees, families, our boss. We have every reason to focus on our own success. And yet, leadership calls us to more. Leadership is beyond the confines of our daily tasks. Beyond the borders of our roles and responsibilities. Leadership asks us to look beyond the everyday and consider the larger community around us - our employees, colleagues, neighbors, and cities. We are asked to look not only inward, but also outward. Beyond ourselves. Join us at Leadercast this year as we explore together what leadership looks like Beyond You."



That statement from Leadercast defines the theme, Beyond You, of this year's Leadercast event on May 9, 2014. This dynamic leadership experience will be simulcast live from Atlanta, Georgia, to metro areas worldwide.

 

Leadercast Quad-Cities is the simulcast location for the Iowa/Illinois Quad-Cities and surrounding area. This day-long learning event will be held 7 a.m. to 4:30 p.m., Friday, May 9, 2014, at the i Wireless Center, 1201 River Dr., Moline, Illinois. Tickets are available for $110.00 per person.

 

"Attendees will be informed and empowered by talks from nine acclaimed leadership experts," said Todd Ashby, Managing Partner of Results Marketing. For the past four years, Results Marketing and select sponsors have been bringing the Leadercast event to the Quad-Cities area. "You can expect to be challenged, inspired, and encouraged. Leadercast offers helpful guidance for community members who want to make a difference at work and in their personal lives."

 

The nine speakers who will be giving presentations via simulcast at this year's Leadercast Quad Cities will be Andy Stanley, Malcolm Gladwell, Archbishop Desmond Tutu, Randall Wallace, Jack Welch, Laura Schroff, Dr. Henry Cloud, Simon Sinek, and Laura Bush.

 

"Whether you are leading a major corporation or just yourself, Leadercast Quad Cities can help you to create positive change in your life, your community and the world at large," Ashby said.

 

To find out more or to register online, visit www.leadercast.com/location/quadcities/. To register by phone, call Les Flesher of Results Marketing at 563-322-2065. Feel free to keep in touch with Leadercast online at www.facebook.com/qcleadercast.

 

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