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Scott Olson
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Lou Harry
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North of 96th
Andrea Muirragui Davis
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J.K. Wall
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Recent Blog Posts

Favre's return spurs Colts question

Cory Schouten
August 4, 2008
Comments(9)
Brett Favre is returning to Green Bay today to play for the Packers. This after Packers brass offered to pay him $20 million to stay away. This got me thinking. Which of the Indianapolis Colts that has retired or otherwise left ...
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Ball State tosses IU a grenade

August 4, 2008
Comments(6)
Three Ball State University economists have gone public in recent weeks with their distaste for corporate social responsibility as it’s practiced these days. Philip Coelho and James McClure argued in a letter to the editor in The Herald-Times of Bloomington that...
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You-review-it Monday

Bruce Hetrick
August 4, 2008
Comments(8)
This weekend, family commitments kept me out of the arts loop--although I did find time to take some sports-crazy out-of-towners through the National Art Museum of Sport and my in-laws to the "To Live Forever" show at the Indianapolis Museum...
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IU names Crean to AD search team

Cory Schouten
August 1, 2008
Comment(1)
Indiana University President Michael McRobbie announced this afternoon that the school has formed a 13-person search committee to find a replacement for athletic director Rick Greenspan. The search committee will include faculty members, administrators and alumni. The search committee will be...
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Tracy, Subway could be back in IRL

Cory Schouten
August 1, 2008
Comments(6)
Open-wheel race driver Paul Tracy may not be done this year on the Indy Racing League circuit. This morning, Walker Racing officials told IBJ they continue to work with Subway Restaurants and other...
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Back in time: Buildings in the news

Cory Schouten
July 31, 2008
Comments(21)
First off, an update on the new plans for the Grain Dealers building: London Witte Group has hired locally based Lynn Hines Design Associates to...
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Tour victory rolls out of Speedway

Cory Schouten
July 31, 2008
Comments(2)
Carlos Sastre’s Tour de France victory was cemented in Paris July 27, but the wheels that carried him to victory were made in Speedway. While Zipp Speed Weaponry has been providing high-end bicycle wheels...
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'Bodies' raises questions

Bruce Hetrick
July 30, 2008
Comments(10)
"Premier cannot independenty verify that the human remains you are viewing are not those of persons who were incarcerated in Chinese prisons..." So say the presenters of "Bodies...the Exhibition," the controversial show--featuring cadavers, body parts, and organs--being presented here at Claypool...
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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