Government & Economic Development

Consultants for PERF, TRF announce plan to mergeRestricted Content

March 9, 2009
Whether or not the Indiana Public Employees' Retirement Fund and the Indiana State Teachers' Retirement Fund consolidate, their primary financial consultants are merging.
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Wells leaves as Medicaid chief with cost-cutting plan in limboRestricted Content

March 9, 2009
Dr. Jeff Wells is moving on from the Indiana Medicaid program even as a $40 million cost-savings plan he spearheaded faces a threat in the Legislature.
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Township offices have to goRestricted Content

March 2, 2009
Leaders on both sides of the aisle have called for streamlining township government, and it's time to demand that our legislators make those changes.
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Fearful companies are curtailing employee insurance, retirement perksRestricted Content

March 2, 2009
J.K. Wall
Experts worry that if unemployment worsens, even more companies could be forced to cut benefits, especially health insurance.
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War did not end the Great DepressionRestricted Content

March 2, 2009
Morton Marcus
It was not World War II that moved America out of the Great Depression.
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Brightpoint adjusts as wireless demand finally cools offRestricted Content

March 2, 2009
Chris O'Malley
After years of torrid gains in the number of wireless phones it handles, Brightpoint has had two consecutive comparable-quarter declines.
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Raising already-lofty lodging levy could cause convention planners to bypass IndianapolisRestricted Content

March 2, 2009
Scott Olson
Raising Indianapolis' tax on hotel rooms — already one of the highest rates in the nation — could be the tipping point that causes conventioneers to bypass Indianapolis, some industry experts say.
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Geist restaurateur buffeted by financial squalls

March 2, 2009
Greg Andrews
Henri and Shelley Najem, who own The Bella Vita restaurant in Geist, represent the scores of Indiana restaurant operators feeling financial pressure, given the severe economic slump.
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Indiana Public worker, teacher funds have lost $8B in 15 monthsRestricted Content

March 2, 2009
Peter Schnitzler
The state's two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive director and board.
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For unemployed, searching for job is full-time endeavor

March 2, 2009
J.K. Wall
As job losses accelerate in the worst recession in a generation, it's becoming tougher and tougher for even well-educated, experienced professionals to find work �¢?? or at least to find a job in the area and at the pay they want.
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Unemployment taxes could break small bizRestricted Content

March 2, 2009
Raising the taxes to 5 percent-6 percent for a company like mine would be devastating, even though I have few employees.
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Property-tax bill would hurt seniorsRestricted Content

March 2, 2009
Retired people living on a fixed income have no way to raise extra money to pay for property taxes.
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Here's the solution to economic crisisRestricted Content

March 2, 2009
Replacing all sales taxes with an import tax/tariff is among several reforms that would solve the nation's economic crises.
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Legislators struggling with economic imperativesRestricted Content

March 2, 2009
Ed Feigenbaum
The Indiana state budget will continue to be a work in progress for many more weeks.
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Market, not bailouts, should stimulate refinancingsRestricted Content

March 2, 2009
Mike Hicks
Markets, no matter how imperfect, not government programs, manage the economy.
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Payroll tax hike loomingRestricted Content

February 23, 2009
Peter Schnitzler
Shoring up the state's jobless-fund shortfall likely will cost employers and employees more.
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Crackdown on bank pay pinches Hoosier execsRestricted Content

February 23, 2009
Greg Andrews
When Sen. Chris Dodd decided to wage war on corporate excess, he had Wall Street fat cats in his sights, not people like Bob Jones, the folksy CEO of Old National Corp. in Evansville.
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ICVA seeks extra $15M to market new centerRestricted Content

February 23, 2009
Anthony Schoettle
The Indianapolis Convention & Visitors Association says it needs more sales and marketing firepower to fill an expanded convention center and adjacent hotels. That means asking the city's Capital Improvement Board—one of ICVA's primary sources of funds—for a budget increase of up to 50 percent at the worst possible time.
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Economic illnesses are like virusesRestricted Content

February 23, 2009
Morton Marcus
What kind of remedy should be applied to the economy? Surely we want something that will work quickly. But we also want something that will help provide income in the future. That's called investment.
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CIB can't count on mall fundersRestricted Content

February 23, 2009
If the Capital Improvement Board comes, hat in hand, looking for help, we trust the investing companies will carefully weigh the benefits they've derived from the city and its thriving downtown before delivering an answer.
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Indians concerned about possible ticket taxRestricted Content

February 16, 2009
Anthony Schoettle
Some local officials wrestling with the Capital Improvement Board's $37 million deficit think part of the profit made by the Indianapolis Indians could be used to narrow that deficit, but Indian officials balk at that idea because they say they've already paid more than their share.
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CIB could ask for $34 million in write-offs from Circle Centre investors to ease deficitRestricted Content

February 16, 2009
Cory Schouten
A group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse.
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Are we victims of 'group think'?Restricted Content

February 16, 2009
John Guy
"Group think," a powerful and controlling force, was present as the Capital Improvement Board built Lucas Oil Stadium and Eli Lilly and Co. developed and marketed Zyprexa.
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Don't ask the ColtsRestricted Content

February 16, 2009
The Colts are our "heroes," the bedrock of our community (at least for the few months per year that most of them spend here). Why should these esteemed athletes help the city?
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Pacers: We've lost money 9 of last 10 yearsRestricted Content

February 9, 2009
Anthony Schoettle
Swamped by financial losses that go back to the time Herb and Mel Simon bought the Indiana Pacers in 1983, team officials are now looking for a new game plan—one that may involve financial assistance from taxpayers and visitors.
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  1. Only half a million TV Viewers? And thats an increase? I knew Indycar was struggling but I didn't know it was that bad. Hell, if NASCAR hits 5 Million viewers everyone starts freaking out saying its going down hill. It has a long way to before Indycar even hits NASCAR's bad days.

  2. IU has been talking that line for years with no real progress even with the last Dean, Dr. Brater. Why will an outsider, Dr. Hess, make a difference? With no proof of additional resources (cash in the bank), and a concrete plan to move an academic model that has been outdated for decades with a faculty complacent with tenure and inertia, I can count on IU to remain the same during the tenure of Dr. Hess. One ought to look to Purdue and Notre Dame for change and innovation. It is just too bad that both of those schools do not have their own medical school. Competition might wake up IU. My guess is, that even with those additions to our State, IU will remain in its own little world squandering our State's tax dollars. Why would any donor want to contribute to IU with its track record? What is its strategy to deal with the physician shortage for our State? New leadership will not be enough for us to expect any change.

  3. How do you think the Bridges got approved? I spent a couple days researching PAC's and individual contributions to some city council members during that time. My printouts were inches thick on the two I concentrated on. Finally gave up. Was disgusted with all the donations, and who they were from. Would have taken me days and days to compile a complete list. Tried to give it to the Star reporter, but he thought it was all just fine. (and apparently he was treated well himself) He ended up being laid off or fired though. And then of course, there was land donated to the dad's club, or city, as a partial payoff. All done in the shining example of "charity." No, none of these contributions are a coincidence.

  4. I agree what kind of help or if any will be there for Dr. Ley's patients. I was a patient myself.

  5. What about the hundreds of patients who sought this doctor for the right reasons, to quit drugs. what option do these patients now have, experience horrible withdrawl or return to heroin?? those are the choices. what about the children of these former addicts who's parent(s) WILL not b able to maintain their job, for @ least 2 weeks.. There needs to b an emergency clinic opened for these patients.

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