January 22, 2007
Ed FeigenbaumAfter saluting the accomplishments of the past year, Republican Gov. Mitch Daniels reached across the aisle during his State
of the State Address Jan. 16 and assured Democrats that he can't make further progress without their cooperation. Once again,
the governor found himself competing for the TV audience of Hoosiers at home. In what seems to be a given of sorts, the Indiana
University men's basketball team was playing during the speech, taking on Hoosier hero Steve Alford's University of...
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January 22, 2007
Lynn C.Almost $3.5 billion: That, according to a recent IP Law 360 estimate, is the amount of judgments and settlements in intellectual
property disputes in 2006. Equally remarkable, that amount was "markedly" down from the comparable figure for 2005. A recent
article by Bloomberg News stated that juries awarded $1 billion in patent infringement damages in 2006. With that kind of
money changing hands, it is not surprising that companies, known critically as "patent trolls," have been formed to acquire
patent...
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January 22, 2007
Graham RichardTo be competitive in a global economy, city leaders must embrace change and look for innovative ways to attract jobs and private
investment. In Fort Wayne, we are working to save energy and improve air and water quality to build a better city. We must
decrease our dependence on imported oil for many reasons, including national security, cost of living and the need to reduce
greenhouse-gas emissions. Energy and environmental concerns are directly related to economic development and quality of...
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January 15, 2007
Mike RedmondI've seen the picture of the proposed ginormous art installation for downtown, and I think I speak for many of us when I say
... Well, come to think of it, I better not say that, seeing as how many of us do not use that kind of language. In case you
missed it, here's the deal: There's a movement afoot to erect a large, circular, steel, Dairy Queen curlicue over at 11th
and West streets-a $10 million large, circular,...
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January 15, 2007
Patrick BarkeyWe are a nation of more than 300 million people, over half of whom are in the civilian work force, with almost 146 million
having jobs. So why do we get so excited, or disappointed, when the government scorekeepers report each month about job gains
of a mere couple of hundred thousand? Of course, when I say "we," I mean the tiny group of economists, policymakers and financial
analysts who keep track of such things. Most businesspeople, let alone folks...
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January 15, 2007
I'm back. My last regular column appeared in the Indianapolis Business Journal on Jan. 3, 2005. In that column, I announced
that I had accepted a twoyear hitch with the Daniels administration as president of the Indiana Economic Development Corp.
and that columns would be suspended during my tenure with the state. The editors at IBJ felt that writing a column would pose
a conflict of interest with my new responsibilities, and I agreed. It was a good thing; I...
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January 15, 2007
Bruce HetrickDear God, please hear my prayer. We need a little divine guidance here (or at least a few thunderbolts of common sense). I
pray today not for relief from the usual litany of woes (You hear enough about those). I ask, instead, that You help us past
a nagging distraction so we might move on to more pressing concerns. As You know (because You know all), there's a lot weighing
on us in these little Edens called Earth, America and...
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January 8, 2007
Tom MurphyThe youth soccer teams that fill the playing fields near St. Francis Hospital-Indianapolis will take their matches elsewhere
next spring to accommodate another expansion by the burgeoning hospital. St. Francis Hospital and Health Centers wants to
build on 30 acres of land near the south-side hospital and Interstate 65, according to paperwork filed with Marion County.
An acute-care bed tower, medical offices and a cancer center are among the expansion possibilities for the campus, which the
Beech Grove-based hospital system...
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January 8, 2007
Peter SchnitzlerSexier industry sectors like life sciences or motorsports get all the press. But to remain robust, the Indianapolis Private
Industry Council believes, the area economy needs diversification. The 23-year-old work-force-training not-for-profit believes
the nine-county area also should target three tried-and-true industries: finance and insurance; retail, hospitality and restaurants;
and construction. IPIC, whose $9 million annual budget comes from public and private grants, plans to spend $200,000 during
the first quarter studying the three sectors, which collectively employ 270,000 people in...
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January 8, 2007
Morton MarcusThis time of the year, serious people make serious resolutions about important matters; people like me, experienced and lacking
determination, avoid resolutions. If, however, I were to recommend resolutions to business and government leaders, my list
could be condensed into this: Attend to the little things. For too long, we have heard the preaching of management gurus and
public-policy mavens that we must keep our eyes focused on the bigger issues. If you are a decision maker, you are supposed...
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January 8, 2007
Ed FeigenbaumMost observers assume there will be a confrontation between House Democrats, led by Speaker Pat Bauer, D-South Bend, and Republican
Gov. Mitch Daniels this session. They suggest it's like watching a hockey game and just waiting for a big fight. But confrontation
need not be a synonym for breakdown , and while legislative Democrats and Daniels have some different philosophies about the
role of government, they also have some basic agreements on just what should be accomplished before the end...
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January 1, 2007
Morton MarcusThe U.S. Department of Commerce put two data sets under my tree the week before Christma. On Wednesday, I got personal-income
data, by state, for the third quarter of 2006 from the Bureau of Economic Analysis. On Friday, the Bureau of the Census sent
me 2006 population estimates for all the states. Could I ask for anything better unless it was the "Complete Works of Alvin
and the Chipmunks"? However, my joy may not be shared by those who have...
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January 1, 2007
-Anthony SchoettleThe concrete columns of the Indianapolis Colts' new $675 million stadium began rising out of the ground in early 2006. Soon
thereafter, the new venue had a name. In March, California-based Lucas Oil Products agreed to a 20-year, $121.5 million naming
rights deal. Meanwhile, city and team officials in 2006 began discussions they hope will lead to attracting the Super Bowl
to Lucas Oil Stadium in 2011. The Lucas Oil pact is one of a flurry of sponsorship deals the...
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January 1, 2007
Maybe you've already heard. Mickey Maurer's column will return to this space in a few weeks. After two years serving as Gov.
Mitch Daniels' go-to economic development guy, Mickey should have plenty of stories to tell. And Associate Editor Tawn Parent
and I, as his trusty substitute columnists, should have a bit more time to devote to our behind-the-scenes work at IBJ. I'm
closing out my brief columnwriting career by addressing a handful of topics-some of them new, some of...
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December 25, 2006
Tim AltomHappy holidays to you, and welcome to yet another yearly installment of, "Who's Got the SNAFU?" the holiday game for those
nervous about using technology for anything more complicated than opening cat food. We start comparatively close to home,
in Valparaiso, where CNN reported that a modest little $122,000 home was erroneously valued in the county's computer system
at $400 million, which would have generated some $8 million in tax revenue. The $8 million figure was duly calculated into
the...
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December 25, 2006
Larry GigerichThe 2007 Indiana General Assembly session will begin in January. As a result of last month's election, the House of Representatives
is now controlled by Democrats, and the Senate is in the hands of Republicans. Regardless of which political party controls
which branch of the Legislature, Hoosiers expect collaboration and progress. Indiana has built tremendous momentum in economic
development, but more work lies ahead. The momentum must continue into 2007 and beyond. Despite our progress, Indiana must
continue to be...
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December 25, 2006
Cory SchoutenBig changes at the Statehouse, including a shift to Democratic control in the House of Representatives and a leadership switch
in the Senate, mean there are more unknowns and more unpredictability. Meanwhile, top issues such as health insurance, tax
reforms and regulatory changes provide a minefield of concerns for small-business owners. New health insurance mandates could
add to already skyrocketing premiums. New local taxing authority could increase the burden on small businesses. Changes to
the state's regulatory structure could dramatically...
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December 25, 2006
Patrick BarkeyThey say that one way to avoid getting angry at the car traffic around you is to imagine that the drivers are people you know.
Likewise, it is said that substituting the words "other people" for the word "government" in the discussion of government's
obligations and responsibilities toward its citizens can take some of the thunder out of the latter's demands. That's no great
insight, of course. We want to impress, please and be liked by people. But organizations, bureaucracies...
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December 18, 2006
Morton MarcusI was sitting with my back to the door, watching the deer consume urban gardens, when she entered. "Mr. Marcus?" she asked,
in a voice that suggested the lower range of a clarinet. "Yes," I replied, swiveling in my swivel chair. "You don't know me,"
she said. "My name is Arlene Amour." "I can understand that," I said, examining her with my eyes as would an eagle swirling
over his prey. I liked what I saw. "I want you to...
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December 11, 2006
Since being elected governor, Mitch Daniels has unveiled several big ideas, a common theme of which is the privatization of
public assets. Privatization is not a new idea or a big idea. Indianapolis residents are familiar with privatization, specifically
of the city's wastewater treatment facility and Indianapolis International Airport. While these privatization efforts purportedly
have generated significant savings, none of those savings have been remitted to Indianapolis citizens, whose utility rates
and ticket and parking fees helped construct and maintain...
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December 11, 2006
Julie Young1992 was dubbed the "Year of the Woman," when four women were elected to the U.S. Senate, but 2006 may be seen as the beginning
of a new women's political movement, says Marie Wilson, president of The White House Project, a Washington, D.C.-based group
that's working to advance women in political office. Indiana has made some strides, but 85 years after women won the hard-fought
right to vote, the number of women in elected office at the national level hasn't...
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December 11, 2006
Chris O\'malleyA government panel is echoing the concerns of the Hoosier Environmental Council that Centre Properties' proposed RiverPlace
development along White River at 96th Street could worsen the effects of a flood. The Hamilton County Drainage Board doesn't
carry the weight of the U.S. Geological Survey, but its opinion could influence the giant, mixed-use project's chances of
winning a rezoning case. A letter the drainage board sent recently to the Fishers planning commission comes just before the
Fishers Town Council considers...
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December 11, 2006
Morton MarcusThere is growing agreement that the rich are getting richer faster than the poor are improving their lives. If you believe
the trickle-down theorists, the poor will get the runoff as wealth is showered upon the few. If you look about, however, you
will question this charming opinion held by the comfortable. At the same time, policies at the national and state levels continue
to emphasize cutting the most important means we have of correcting this growing imbalance in America....
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December 4, 2006
Everyone says owning a restaurant is hard work. But for Tracy Robertson, not owning one has been much harder. Robertson's
restaurant, the 745 Bar & Grill, hasn't served a burger or a beer since the afternoon of Jan. 25, 2005. That's when the 745
literally fell into a hole. A cook, a bartender and five patrons escaped just moments before the restaurant collapsed into
the excavation pit for what is now the 757 Mass Ave condominium building. In an instant,...
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December 4, 2006
Greg AndrewsIt's a quiet giant, but not a sleeping one. The Federal Home Loan Bank of Indianapolis is the state's fourthbiggest private
company, with revenue last year of $1.8 billion. The $45-billionin-assets financial institution racked up 2005 profit of $153
million. Yet the board and executives of the 150-employee quasi-governmental enterprise aren't wallowing in self-satisfaction.
Seeing storm clouds on the horizon, they're taking pre-emptive action to ensure the bank remains competitive and retains its
formidable financial strength. "We've been cutting back,"...
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.