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Property Lines
Scott Olson
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The Score
Anthony Schoettle
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North of 96th
Andrea Muirragui Davis
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The Dose
J.K. Wall
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Recent Blog Posts

George named motorcyclist of year

Cory Schouten
August 14, 2008
Comments(3)
Indianapolis Motor Speedway CEO Tony George has been named 2008 “Motorcyclist of the Year” by Motorcyclist, one of the most widely circulated motorcycle magazines in the U.S., for his efforts to bring the...
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Glendale lands Flat Top Grill

Cory Schouten
August 14, 2008
Comments(35)
Indy is becoming a hotbed for chain stir-fry restaurants. A popular player, Flat Top Grill, has signed a letter of intent with developer Kite Realty Group Trust to open a new...
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Thoughts on Gen Con Indy

Bruce Hetrick
August 14, 2008
Comments(13)
No, I'm not going to mock the costumed hoards that are converging on the Convention Center over the next few days for Gen Con. Instead, I'm just going to share some observations on the event, its people, and its...
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Lucas Oil Stadium and Mail Pouch

August 14, 2008
Comments(19)
Lucas Oil Stadium has nabbed lots of favorable reviews for its retro look, sliding widows looking onto downtown and retractable roof. Now a question. What do you think about the Lucas Oil Stadium name painted in white on the black roof? Does...
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Indy fights for another Final Four

Cory Schouten
August 13, 2008
Comments(3)
NCAA officials today announced that Indianapolis is one of eight cities in the running to host the women’s basketball Final Four in 2012, 2013, 2014, 2015 and 2016. Columbus, Ohio; Dallas; Denver; Nashville, Tenn.; New Orleans; San Antonio and Tampa Bay...
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IUPUI's Hunter is genuine article

Cory Schouten
August 13, 2008
Comments(3)
IUPUI men’s basketball coach Ron Hunter has been criticized for being over emotional and too demonstrative during games. Some Div. I athletic directors and basketball coaches have told me that trait has held...
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When the art hits the fan

Bruce Hetrick
August 13, 2008
Comments(7)
At Switzerland's Zentrum Paul Klee, an inflatable pile of dog feces the size of a modest ranch home came loose from the museum grounds, knocked down a power line, and broke a window in a nearby children's home. See the BBC report...
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Back to school in hard times

August 12, 2008
Comment(1)
Colleges and universities tend to see enrollment boom when the economy goes south, and this down cycle appears to be little different. Indiana University, Ivy Tech Community College and the University of Indianapolis all have announced in recent weeks that enrollments...
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  1. Apologies for the wall of text. I promise I had this nicely formatted in paragraphs in Notepad before pasting here.

  2. I believe that is incorrect Sir, the people's tax-dollars are NOT paying for the companies investment. Without the tax-break the company would be paying an ADDITIONAL $11.1 million in taxes ON TOP of their $22.5 Million investment (Building + IT), for a total of $33.6M or a 50% tax rate. Also, the article does not specify what the total taxes were BEFORE the break. Usually such a corporate tax-break is a 'discount' not a 100% wavier of tax obligations. For sake of example lets say the original taxes added up to $30M over 10 years. $12.5M, New Building $10.0M, IT infrastructure $30.0M, Total Taxes (Example Number) == $52.5M ININ's Cost - $1.8M /10 years, Tax Break (Building) - $0.75M /10 years, Tax Break (IT Infrastructure) - $8.6M /2 years, Tax Breaks (against Hiring Commitment: 430 new jobs /2 years) == 11.5M Possible tax breaks. ININ TOTAL COST: $41M Even if you assume a 100% break, change the '30.0M' to '11.5M' and you can see the Company will be paying a minimum of $22.5, out-of-pocket for their capital-investment - NOT the tax-payers. Also note, much of this money is being spent locally in Indiana and it is creating 430 jobs in your city. I admit I'm a little unclear which tax-breaks are allocated to exactly which expenses. Clearly this is all oversimplified but I think we have both made our points! :) Sorry for the long post.

  3. Clearly, there is a lack of a basic understanding of economics. It is not up to the company to decide what to pay its workers. If companies were able to decide how much to pay their workers then why wouldn't they pay everyone minimum wage? Why choose to pay $10 or $14 when they could pay $7? The answer is that companies DO NOT decide how much to pay workers. It is the market that dictates what a worker is worth and how much they should get paid. If Lowe's chooses to pay a call center worker $7 an hour it will not be able to hire anyone for the job, because all those people will work for someone else paying the market rate of $10-$14 an hour. This forces Lowes to pay its workers that much. Not because it wants to pay them that much out of the goodness of their heart, but because it has to pay them that much in order to stay competitive and attract good workers.

  4. GOOD DAY to you I am Mr Howell Henry, a Reputable, Legitimate & an accredited money Lender. I loan money out to individuals in need of financial assistance. Do you have a bad credit or are you in need of money to pay bills? i want to use this medium to inform you that i render reliable beneficiary assistance as I'll be glad to offer you a loan at 2% interest rate to reliable individuals. Services Rendered include: *Refinance *Home Improvement *Inventor Loans *Auto Loans *Debt Consolidation *Horse Loans *Line of Credit *Second Mortgage *Business Loans *Personal Loans *International Loans. Please write back if interested. Upon Response, you'll be mailed a Loan application form to fill. (No social security and no credit check, 100% Guaranteed!) I Look forward permitting me to be of service to you. You can contact me via e-mail howellhenryloanfirm@gmail.com Yours Sincerely MR Howell Henry(MD)

  5. It is sad to see these races not have a full attendance. The Indy Car races are so much more exciting than Nascar. It seems to me the commenters here are still a little upset with Tony George from a move he made 20 years ago. It was his decision to make, not yours. He lost his position over it. But I believe the problem in all pro sports is the escalating price of admission. In todays economy, people have to pay much more for food and gas. The average fan cannot attend many events anymore. It's gotten priced out of most peoples budgets.

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