Editorial

EDITORIAL: Program gives people a financial leg up

October 3, 2009
 IBJ Staff
Nearly 80,000 people in the city are “unbanked” and therefore lack this basic building block to financial health. A new program called Bank on Indy aims to change that.
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EDITORIAL: Go with care on energy projects

September 26, 2009
 IBJ Staff
One of the great conundrums of our time is how to maintain the most comfortable and convenient lifestyle in the history of the human race without destroying the environment.
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EDITORIAL: Melvin Simon's legacy goes beyond real estate

September 19, 2009
 IBJ Staff
Melvin Simon was a businessman and philanthropist of national prominence, but the vast real estate empire he helped build is not his legacy here.
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EDITORIAL: Myles Brand took on tough tasks

September 19, 2009
 IBJ Staff
At the NCAA, Myles Brand took on the monumental task of striking an appropriate middle ground between academic integrity in college sports and the giant commercial operation that athletics has become.
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EDITORIAL: Indiana's Sunday booze ban should be tossed

September 12, 2009
 IBJ Staff
Sunday is the second-busiest grocery-shopping day of the week in Indiana, but there’s one product Hoosiers aren’t allowed to put in their shopping carts that day even though it’s perfectly legal the rest of the week. That’s because an archaic blue law prohibits carryout liquor sales on Sundays.
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EDITORIAL: City government in financial bind

September 5, 2009
 IBJ Staff
The solution to the property tax fiasco that swept Republican Mayor Greg Ballard into office in 2007 is making his job harder, and it could lead to his undoing.
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EDITORIAL: Teacher certification proposal deserves OKRestricted Content

August 29, 2009
 IBJ Staff
Indiana’s top education official, Tony Bennett, ruffled feathers last month when he proposed increasing teacher expertise in math, science and other subjects, and stripping red tape from teacher certification and hiring of administrators.
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EDITORIAL: Next ISO conductor should live hereRestricted Content

August 24, 2009
Venzago was essentially an absentee conductor. He didn’t live here and never seemed fully engaged with the city.
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EDITORIAL: Partisan games plague councilRestricted Content

August 17, 2009
The City-County Council wisely averted disaster for the Capital Improvement Board Aug. 10 by voting to raise the city’s hotel tax from 9 percent to 10 percent, but the razor-thin vote was another disappointing case of elected officials making decisions based on partisanship rather than good judgment.
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EDITORIAL: An economic silver liningRestricted Content

August 17, 2009
The local eateries are suffering along with everyone else, but those that have the wherewithal are taking a chance by expanding into bargain-priced locations.
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EDITORIAL: Restore Winona to city tax rolls

August 10, 2009
 IBJ Staff
If Denver-based Ecolonomic Realty Group decides it wants to pursue a $25 million redevelopment of the old Winona Memorial Hospital site and presents a solid proposal, the city is in no position to turn down the tax revenue it would generate.
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EDITORIAL: Susan Bayh's tangled web puts cloud over senator husband

August 3, 2009
 IBJ Staff
Corporate boards need more women, but not people such as Susan Bayh, wife of Sen. Evan Bayh. It’s not that she isn’t up to the task. The former attorney at Eli Lilly and Co. and visiting professor at Butler University is by all accounts capable. So we’re not surprised she regularly receives invitations to serve on boards. But we are surprised she accepts.
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EDITORIAL: Wishard's smart planning shields taxpayersRestricted Content

July 27, 2009
 IBJ Staff
A referendum this fall on Wishard Health Services’ plans to build a $754 million hospital will tell a lot about the mood—and savvy—of Marion County voters. In this economy, and with government at all levels strapped for cash, the knee-jerk reaction might be to reject such a proposal.
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EDITORIAL: City's fiscal creativity deserves supportRestricted Content

July 20, 2009
 IBJ Staff
In trying times, people and businesses often have to get creative to make ends meet. The same should hold true for local government. That’s why we commend city leaders for thinking outside the box in considering two initiatives to cut costs and generate public revenue.
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EDITORIAL: School funding has fatal flawsRestricted Content

July 13, 2009
 IBJ Staff
A state budget was passed June 30, but it’s balanced on the backs of poor children. Legislators deserve praise for at least slightly increasing overall education funding, but because of a flawed funding formula, urban districts such as Indianapolis Public Schools actually will lose money in the next two years.
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EDITORIAL: Leadership void stymied special legislative sessionRestricted Content

July 6, 2009
 IBJ Staff
The legislative session that concluded June 30 with passage of a two-year budget left a bad taste in our mouths. For starters, legislators lacked the courage to tackle local government reform—even though cash-strapped units of government desperately need the millions of dollars in savings they would generate. In short, they put political cronyism ahead of the interests of the state.
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EDITORIAL: Health reform's time has comeRestricted Content

June 29, 2009
 IBJ Staff
Lawmakers must take action but also ensure that any plan incorporates four basic principles.
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EDITORIAL: Project near MSA may be worth the riskRestricted Content

June 22, 2009
The city has unveiled a dramatic plan for new housing and retail development to revitalize the old Market Square Arena site. Despite some shortcomings, the project deserves a chance to give the stagnant area a boost.
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EDITORIAL: Daniels budget should be OK'dRestricted Content

June 8, 2009
 IBJ Staff
Overtures Gov. Mitch Daniels has extended to the General Assembly should be sufficient to end squabbling over the budget. Legislators ought to take the offer, pass a budget, and leave the Statehouse before they throw any more sand in the gears.
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Transit can be economic engineRestricted Content

June 1, 2009
We applaud the efforts of those who are laying the groundwork for viable mass transit in the Indianapolis area.
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Pay for diplomas is smart incentiveRestricted Content

May 25, 2009
Incentives have long been used as an effective tool in business to improve employee performance. But can a concept that helps companies motivate workers also work in public education?
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Visible progress in the city hides other troublesRestricted Content

May 18, 2009
Indianapolis still looks like a city with momentum, despite the dismal economy. But appearances can be deceiving.
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Embracing risk key to economic revivalRestricted Content

May 11, 2009
A strong economy requires risk-takers, and it is the bold and brash who will seize opportunities as the economy rebounds.
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System meltdown at the StatehouseRestricted Content

May 4, 2009
Lawmakers sometimes do their best work right after an election, when they have a fresh victory in hand and can think beyond their political self-interest. Not this time.
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CIB's deficit is a state problem, not a local oneRestricted Content

April 20, 2009
Casting the CIB's deficit as an Indianapolis problem is simplistic and inaccurate because it overlooks the millions of dollars in state tax revenue generated by those venues and an endless list of vendors that do business with them.
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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