Editorial

EDITORIAL: Opportunities lost in 2010 legislative session

March 20, 2010
 IBJ Staff
After a legislative session short on fireworks but absent any major achievements, it’s fair to ask how long “do no harm” will pass for progress in the Indiana General Assembly.
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EDITORIAL: Citizens' utility deal is smart move

March 13, 2010
 IBJ Staff
Much work remains before the city’s water and sewer utilities are sold to Citizens Energy Group, but the general outline of the deal makes sense and deserves support—not political posturing—as final terms are hammered out.
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EDITORIAL: Run for president, Gov. Daniels

March 6, 2010
 IBJ Staff
Gov. Mitch Daniels should step through the door he cracked open last month and throw his hat in the ring. Voters would benefit from a new voice.
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EDITORIAL: White Lodging delivers a winner for Indianapolis tourism

February 27, 2010
 IBJ Staff
Hindsight is always 20/20, but in the case of the Marriott Place hotel complex, foresight was just as clear.
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EDITORIAL: Overspending saps nation's vigor

February 20, 2010
 IBJ Staff
Europe, not the United States, has the best growth prospects, an Asian executive told Gov. Mitch Daniels during a trade mission last fall. Why? America’s escalating debt.
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EDITORIAL: New transit study focuses on return as well as cost

February 13, 2010
 IBJ Staff
Central Indiana is much better at churning out transportation studies than implementing a real transit system, but there’s reason to take seriously the report released Feb. 10 by the Central Indiana Transit Task Force.
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EDITORIAL: Let's call the Super Bowl the Super Bowl

February 6, 2010
 IBJ Staff
The National Football League has trademarked “Super Bowl”—along with “Super Sunday” and “NFL”—and is notorious for the lengths it will go to in order to protect its brands.
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EDITORIAL: Lawmakers should save tobacco agency and ban smoking

January 30, 2010
 IBJ Staff
If the General Assembly wants to create some good news in this budget-conscious short session, it will continue our wise investment in Hoosier health, and go one better by passing a statewide smoking ban.
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EDITORIAL: Legislators should stick to the basics and go home

January 23, 2010
 IBJ Staff
We like the Indiana General Assembly’s no-nonsense approach to this year’s short legislative session—at least it looks good on the surface.
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EDITORIAL: Booze bill is a small step for Sunday sales

January 16, 2010
 IBJ Staff
More than once, we have used this space to rail against legislation that would further restrict alcohol sales in Indiana. So we are happy to be patting lawmakers on the back for advancing a measure that would begin to ease the onerous limitations on when Hoosiers can buy booze.
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EDITORIAL: Biglari putting Steak n Shake's future at stake

January 9, 2010
 IBJ Staff
The company’s return to profitability under CEO Sardar Biglari can’t be overlooked. But neither can strong signals that Steak n Shake’s CEO is using the venerable restaurant chain as a cash machine to finance his bigger goals.
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EDITORIAL: City should phase in new fees

January 2, 2010
 IBJ Staff
Mayor Greg Ballard is on the right track with his plan to ask the City-Council to raise fees on businesses in order to improve code enforcement. But the push-back he’s receiving from the business community is understandable.
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EDITORIAL: IndyTalks gives the public a civil way to speak up

December 26, 2009
 IBJ Staff
There’s no shortage of opinions about what our city and state need to do to prosper in the 21st century. But much of what comes across is screamed in blogs or in stinging press releases issued by political parties whose only purpose is to paint the opposition as out of touch.
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EDITORIAL: Bold moves show results

December 19, 2009
 IBJ Staff
There’s something refreshing and inspiring about individuals who set ambitious goals and throw themselves into meeting them.
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EDITORIAL: Loss of tennis tournament an ominous sign for city

December 12, 2009
 IBJ Staff
It’s hard to fathom how Indianapolis lost the Indianapolis Tennis Championships—an event with 90 years of history—without anyone in the city sounding an alarm.
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EDITORIAL: Dodson, Durham take different approach to doing business

December 5, 2009
 IBJ Staff
This week’s issue features stories about two local businessmen. Both are native Hoosiers in their late 40s who showed entrepreneurial instincts at a young age. But the similarities end there.
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EDITORIAL: Airport vendors deserve a break

November 28, 2009
 IBJ Staff
Concessionaires at Indianapolis International Airport are asking the Airport Authority for relief from a policy that requires them to price their goods at a level consistent with what consumers pay at non-airport retailers. We agree the airport shops need a break.
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EDITORIAL: Hardball tactics put City Market tenants in a bind

November 21, 2009
 IBJ Staff
Mayor Greg Ballard can’t have it both ways with City Market.
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EDITORIAL: Wise decision on federal rail funds

November 14, 2009
Local advocates of high-speed rail are understandably disappointed that the Indiana Department of Transportation has dropped the Chicago-Indianapolis-Cincinnati corridor from its application for federal rail funds, but the logic behind doing so seems sound.
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EDITORIAL: Tough love from taxpayers fed up with school spending

November 7, 2009
 IBJ Staff
Across Indiana, in more than a dozen different school districts over the past year, taxpayers have sent a message to administrators: We are no longer giving you a blank check.
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EDITORIAL: Take the lead on smoking ban, Mayor Ballard

October 31, 2009
 IBJ Staff
Maddening? Disappointing? Choose your adjective. The failure of the latest proposal to prohibit smoking in almost all Indianapolis workplaces was clearly a setback for public health and a city that markets itself as a medical and life sciences hub.
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EDITORIAL: State can't rely on gambling revenue

October 24, 2009
 IBJ Staff
State and, to some extent, local government has come to rely on gambling revenue. And now that neighboring states are launching a competitive assault on Indiana casinos, it’s time to get back to the original intent before the revenue shrivels and leaves necessary government services high and dry.
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EDITORIAL: City water utility in over its head

October 17, 2009
As missteps by the city’s water utility threaten to drown local ratepayers with dramatically higher bills, Mayor Greg Ballard’s administration is exploring a complete overhaul of the system. The mayor’s initiative can’t produce results soon enough.
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EDITORIAL: Indiana Fever deserves support

October 10, 2009
 IBJ Staff
Running a professional sports franchise isn’t just a dollars-and-cents proposition. It also requires heart. And that’s what the Fever have in abundance, from ownership to management to the players on the floor.
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EDITORIAL: Another blow to a deadly habit?

October 10, 2009
 IBJ Staff
An ordinance that would ban smoking in enclosed spaces where it’s still allowed—primarily bars and bowling alleys—is once again being considered by the City-County Council. And again we urge councilors to adopt the measure.
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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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