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Welcome to the archives for NewsTalk, an IBJ blog published from November 2007 through December 2010.
Economy Blog Posts
The root of Indiana's myriad problems
November 22, 2010
Comments(37)Longtime economist Morton Marcus says the objective truth is that Indiana is in decline. He also insists the solution is a
change in the culture, not just job creation.
MoreA historian muses on the American character and the debt crisis
November 15, 2010
Comments(5)Indiana University's James Madison is "marginally optimistic" Americans have the fortitude to tackle what could grow to become
an emergency ranking with the Civil War, the Great Depression and World War II.
MoreElections encourage an arch-conservative
November 3, 2010
Comments(2)Bill Styring, whose long, wonkish career includes analyzing health reform for Mike Pence, cried last night.
MoreKissinger speaks out about Indiana's 'passion' problem
September 28, 2010
Comments(6)Pete Kissinger, who co-founded Bioanalytical Systems in West Lafayette, thinks Indiana needs more people like Bill Cook and
Scott Jones—people who actually like their businesses.
MoreMayors: Time to kick the unemployed in the keister
September 24, 2010
Comments(27)Marion's Wayne Seybold and Greenfield's Brad DeReamer say too many people would rather collect unemployment than look
for work.
MoreNew venture capital firm off to blazingly fast start
September 9, 2010
Comments(0)Cultivian Ventures began investing in a no-man's land just as the financial crisis ramped up, and now it's already
considering a second fund.
MoreBest real estate agents get severe haircuts
August 30, 2010
Comments(4)One perspective shows top-selling teams working just as hard to sell 27 percent less.
MoreIndiana bombs in rankings of 'new economy' states
August 25, 2010
Comments(8)State has a dire future if Business Facilities' latest lists are any indication.
MoreTwo reasons for optimism about a local housing recovery
August 24, 2010
Comments(6)Pending sales are shooting up this month, and list prices are edging up over the long haul, a broker notes.
MoreDo manufacturers ever get to rest? (No.)
August 23, 2010
Comments(0)Manufacturers continue to wring more from less. But have the gains been worth the human cost?
MoreDebating the place of the U.S. in the global economy
August 17, 2010
Comment(1)China and India are quickly moving toward reestablishing their historical roles as two of the world's biggest economies.
Where will the U.S. fit in?
MoreMarket losses hammer Indiana colleges
August 16, 2010
Comments(0)Three institutions flagged by U.S. Department of Education financial responsibility test.
MoreHow have state workers fared under performance pay? Good question.
August 13, 2010
Comments(6)Inconsistencies make comparisons a heavy lift.
MoreU.S. effectively bankrupt, economist says
August 12, 2010
Comments(5)Boston University’s Kotlikoff warns the U.S. is actually in worse shape than Greece.
MoreHyundai hole in Indiana
August 9, 2010
Comments(4)The rising Korean industrial giant is building another plant in the U.S., but not in Indiana.
MoreAuer: Dow 20,000 by 2020
July 29, 2010
Comments(4)Fund manager says rational thinking suggests the future is actually quite bright.
MoreDriving hard bargains at a big antique mall
July 27, 2010
Comments(0)Shoppers are demanding price cuts on already-discounted merchandise. And young adults are showing up in droves.
MoreLegislative showdown unavoidable?
July 26, 2010
Comments(0)With just about all the meat gnawed off the bones, lawmakers might turn on each other in the upcoming General Assembly.
MoreWill Indy homeowners abandon their mortgages?
July 21, 2010
Comments(7)In other markets, homeowners who can afford their payments are making the ethical and financial calculus to hand the keys
back.
MoreMomentum builds to delay Social Security
July 16, 2010
Comments(7)Politicians are beginning to tepidly make the case to head off disaster.
MoreWhy the recovery seems so lackluster
July 14, 2010
Comments(3)Indiana doesn't come out so badly in a new Federal Reserve study.
MoreAn ode to utility workers
July 13, 2010
Comment(1)They're some of the most stable people in the state, a new study shows.
MoreIs alternative energy sustainable in Indiana?
July 7, 2010
Comments(4)An economic development observer questions what will happen after the feds turn off the tap.
MoreIndy job recovery still underway
June 18, 2010
Comment(1)Mixed unemployment report has some positive nuggets.
MoreHow federal pork suppresses business
June 15, 2010
Comments(7)A Harvard study shows companies suffer when politicians deluge their states with federal dollars.
More
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In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.
I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?
Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!
See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.