May 29, 2006
Morton MarcusFelicity Futenmouth and I went to graduate school together. Her career in economics focused on consumer services provided
by such first-class firms as MegaMedia, MegaMarkets and MegaMercenaries. We became reacquainted lately at our class's 35th
reunion. Over a nightcap of hot chocolate and biscuits, she enticed me with a coy question: "How do you feel about local taxes?"
"I am all for them," I responded. "If you don't have local taxes, you don't have a strong claim on the responsibility...
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May 29, 2006
Tim AltomI work in a building that makes me use a cardkey to get into the building's back stairway. I can't even use a physical key.
I must use the card I was issued. I fumble for the thing every morning. One morning, to my astonishment, I noticed that if
I pushed hard enough on the door as I opened it, it would hit the end of its travel and thereafter stand open by itself. The
first person through in the...
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May 29, 2006
Bob PalmerIndiana is poised to become the country's logistics center. Recently, there has been a lot of discussion on that topic. Now
is the time for business, government and education to come together and make it happen. SupplyNet 2006-the recent statewide
conference that brought together not only transportation, distribution and logistics industries, but also representatives
from manufacturing, retail, information technology, government and academia-detailed the broader picture of supplychain management.
As a cutting-edge business strategy, supply-chain management integrates internal and external logistics...
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May 29, 2006
Many parents today fret over their kids' obsession with computers, video games and the Internet. "All he does is sit at that
stupid computer." If I heard that once, I've heard it a million times. But sometimes, when young people's passion for the
digital frontier intersects with compassion for their fellow man, great things can happen. Such is the case with Chris Podell
and Zachary Shields, two recent graduates of the new media and arts program at the IUPUI School...
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May 22, 2006
Jane Jacobs, the noted urbanist, fought a battle in the late 1960s that prevented a freeway from wiping out the neighborhoods
of lower Manhattan. Tom Battista, a local entrepreneur, is fighting-and some would say winning-the battle that becomes necessary
when a freeway does wipe out a neighborhood. When Jacobs died last month she was famous for two things: her book, "The Death
and Life of Great American Cities," written in 1961, which eloquently stated the need for diversity, density and...
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May 22, 2006
Jeffrey F.Customers got their first inkling 25 years ago when ATM machines were introduced. Another hint came along 10 years later when
voice mail arrived. The trickle of computerized customer-service inter actions became a flood as we started using devices
like parking-garage ticket machines, airline ticket kiosks, telephone voice trees and self-service checkouts for groceries
and library books. Internet transactions such as online shopping, banking and purchasing movie tickets also entered the scene.
Interacting with these "smart technologies," which seemed odd...
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May 22, 2006
Chris O\'malleyOne Call Communications has been placed in receivership, a day after a lender for its 2002 management buyout filed a lawsuit
alleging the Carmel long-distance and operator-services company owes it more than $21 million. The May 11 lawsuit in U.S.
District Court in Indianapolis by Pittsburgh-based PNC Bank appears to be the knockout blow for a telecommunications firm
accused by several states of violating consumer protection laws in billing and collection practices. Also looming is a proposed
$1.1 million fine...
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May 15, 2006
Chris O\'malleyLawyers and other professionals have asked for more than $21 million in fees and expenses for their work on ATA Holdings Corp.'s
reorganization, in what appears to be the most expensive case ever in U.S. District Bankruptcy Court for the Southern District
of Indiana. But fees and expenses might rise to $33 million after a handful of remaining professional firms file their claims
by the end of this month, said James Carr, a veteran Baker & Daniels attorney who quarterbacked...
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May 15, 2006
Patrick BarkeyMore than 50 years ago, the famous economist Joseph Schumpeter told a simple story that perfectly captured the essence of
market capitalism. It's a turn-of-the-century tale of a railroad being built in a part of the country where none had existed.
The new investment rapidly upsets the order of everything-once ideally situated towns are left high and dry, while others
move up in stature as they exploit newfound advantages. It's messy and it's painful, but the result is for the...
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May 15, 2006
Scott OlsonIf David B. Girton isn't already regarded as an innovator in the local investment brokerage community, he should be now. The
45-year-old Indianapolis native is in the process of launching Liger Securities Corp., the only locally owned black investment
firm in the city. But 10 years ago, he accomplished a similar first, when he opened the local office of Cleveland-based SBK-Brooks
Investment Corp., then the only black-operated brokerage here. Make no mistake, though, Girton's credentials far outweigh
his designation as...
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May 15, 2006
Morton MarcusLast night, I had a dream. I was standing on the ledge of a tall building. People down below were shouting, "Jump!" They were
angry because they thought I misrepresented the various and diverse meal-delivery programs in Indiana in my column last week.
One woman was yelling, "You're trying to take away my job!" "No," I tried to explain. I was just saying that such programs
should be coordinated better and that no oversight agency exists to monitor not-for-profit agencies....
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May 15, 2006
Peter SchnitzlerIf imitation is the sincerest form of flattery, BioCrossroads has been vindicated. Gov. Mitch Daniels hopes to see a series
of similar industry initiatives sprout around key clusters in Indiana's economy. He envisions parallel initiatives for manufacturing,
transportation and logistics and a series of other crucial business sectors. "We'd love some company," said BioCrossroads
CEO David Johnson. As outlined in Daniels' "Accelerating Growth" economic development plan released last month, the initiatives
would be based on proven Indiana strengths and identifiable...
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May 15, 2006
Tom MurphyEli Lilly and Co. is rolling out a new approach to selling drugs, one that aims to build deeper relationships with doctors
while cutting the number of sales reps knocking on their office door. The reorganization project, dubbed "sales force of the
future," is just what the doctor ordered, according to Lilly executives. They say physicians want fewer sales calls and a
deeper knowledge base from those who still stop by. "Doctors want that primarily because they're treating patients and...
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May 15, 2006
Scott OlsonGerman American Bancorp in Jasper has spent more than $1 million the past two years complying with the stringent accounting
provisions of the Sarbanes-Oxley Act. The cost alone is reason enough for the community bank's president and CEO, Mark Schroeder,
to support a measure exempting smaller public companies such as his from Section 404 of the act. He even traveled to Washington,
D.C., May 3 to testify in front of the U.S. House of Representatives Small Business Committee. "Ultimately, this...
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May 15, 2006
For years, Indiana politicians-at least the smart ones-have talked about the importance of economic growth and development,
and behind the scenes business leaders have replied, "Duh. How about coming up with some kind of plan?" This was always a
hot button for Dave Goodrich, retired real estate executive and former head of Central Indiana Corporate Partnership. In his
days at CICP, Goodrich would bend the ear of anyone willing to listen about the need for a plan. Well, how does...
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May 8, 2006
Morton MarcusYou are getting older, living alone. You want to continue living where you are. You don't want to move in with your children
and you think they might not want you. You don't want to move to some assisted-living place and give up so much of what you
have known for so long. You are disabled or otherwise unable to cook for yourself. Where do you turn? Your first thought is
Meals on Wheels. You (or a member of your...
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May 8, 2006
Peter SchnitzlerIndiana's days of economic development on the cheap may soon be finished. Three major new business-incentive funds are on
the Indiana Economic Development Corp.'s wish list, each bearing a significant price tag. The General Assembly will decide
next year whether to provide the more than $100 million IEDC requests to form them. Plans for the three funds are tucked into
Gov. Mitch Daniels' comprehensive new state economic development plan, "Accelerating Growth," released April 25. It aims to
bring Hoosiers' lagging...
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May 8, 2006
During times of high gasoline prices, the investment made by the Daniels administration in six ethanol plants would seem prudent.
The touted benefits of ethanol plants are that they create jobs in rural communities, support Indiana corn growers, improve
air quality, and lower dependence on foreign oil. As an Indianapolis resident with little exposure to our farm economy, my
first question was, "How do you make ethanol?" Ethanol is made by fermenting and distilling simple sugars like those found
in...
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May 8, 2006
Chris O\'malleyState transportation engineers, having just tweaked traffic-light timing to improve flow on U.S. 31 in Carmel, next plan to
target three other busy corridors in the metro area. They include U.S. 31 on the south side, between Interstate 465 and County
Road 750N, and the increasingly congested stretch of State Road 37 between State Road 238 and Cumberland Road in Noblesville.
The improvements to be conducted over the next several months can't come fast enough for motorists weary of the...
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May 8, 2006
Tom MurphyMembership definitely has its privileges at the new north-side medical practice launched by doctors Timothy Story and Kevin
McCallum. An annual retainer of at least $2,500 gives patients around-the-clock doctor access, medical records they can carry
on a key chain, unlimited office visits and refreshments when they arrive. FirstLine Personal Health Care represents the Indianapolis
market's latest foray into boutique medicine, a form of health care criticized for being exclusionary since it popped up in
Seattle a decade ago. Story,...
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May 1, 2006
Chris O\'malleyTwo school districts have received pivotal funding for "early college high schools" to prepare secondary students for the
rigors of college and give them the opportunity to earn college credits before setting foot on campus. The initiative also
could be a plus for area employers to the extent it improves the pool of qualified workers locally. Indianapolis Public Schools'
Crispus Attucks Medical Magnet/Early College High School and the Metropolitan School District of Wayne Township's Early College
High School each received...
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May 1, 2006
Bruce HetrickDo you know the name Kelly Bentley or Derek Redelman? Michael Brown or Michael Rinebold? How 'bout Barbara C o l e m a n -
K n i g h t , Barry Campbell, Judie Williams, Karon Williams, Maureen Jayne, Milton Baltimore Jr. or Olgen Williams? Even
if you've heard these names, do you know these people's backgrounds, what experience they bring to the table, what they preach
and practice? Do you know who, if anyone, supports them financially...
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May 1, 2006
Chris O\'malleyScott Jones could probably afford to buy the 1,800-space parking garage at Indianapolis International Airport, as one who's
earned millions of dollars in patent income from voice mail technology he invented. But why buy the garage? The Indianapolis
multimillionaire shows up on a list of nearly 400 politicians and other VIPs entitled to free parking at the airport, a review
of airport records shows. Begun as a courtesy to a handful of elected officials decades ago, the free parking list...
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May 1, 2006
Patrick BarkeyHave you ever plunked down a lot of money for something and worried if you made the right choice? You have plenty of company.
To cope with that insecurity, some of us try to persuade our friends to follow our footsteps. We put forth convincing arguments
why our brand of car, or our new electronic gizmo, is really the best thing, and feel comforted and vindicated when they make
the same choice we made. For too many years, that simple...
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May 1, 2006
Dave GilreathIt's the first of May, hip-hip-hooray, American investors are smarter today! Why are they smarter? Well, they must have improved
their financial acumen because Congress designated last month as Financial Literacy Month. In fact, April 25 was Financial
Literacy Day in America. Do you mean to tell me the big day came and went and you didn't even know it? That's OK. If you subscribe
to this periodical, you have a higher net worth and income than the average American,...
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liek the rest of America
These quaint,obsessed musings by the stalkers are certainly entertaining, but I'm trying to figure out what, if anything, all the yelping below has to do with Zak Brown.
It's evident that Moffett was pushing the right buttons and corporate America is now trying to squash him. He just wanted to withdraw the free pilot services provided to the company by the pilots to try and put some pressure on a company that has not been interested in negotiating a contract in over 5 years. The company does not provide a contract because not having one has saved them a bundle of money. Shame on any Republic pilots not standing behind their union leader just because things are getting tough, can you not see such strategic moves by the company as putting the last union president in a corporate position and into THEIR pocket. Do you really believe the last union president is so appalled at the attempts by Moffett, do you not remember his oppositions to the company? We stood behind him. It has been proven over and over again for thousands of years without fail, a man cannot serve two masters. Anyone that believes people vote contrary to their paycheck and livelihood deserve to be taken advantage of, the recent statements by the former union president are laughable as he denounces the current union president from his new corporate position. Have you ever seen a drafted sports player score points for his previous team, it cannot be done, he is not on the pilots side anymore, he gets his money a different way now than you and I do, and he should not be allowed to remain on the seniority list. A drafted player brings strength, credibility, tactical knowledge, and a strategic advantage to his NEW team, he would not be drafted or paid were it otherwise. We are all forced to choose only one side to play for and support, not doing so has many references in life such as insider trading and shaving points, all illegal for good reason. This basic fact is why corporate moguls, scientist, and engineers all sign non-discloser agreements and non-compete clauses, as protection in case they are lured into switching sides as our former union president has done. No NFL coach ever drafted a player so that both teams could benefit and better understand each other, they are recruited to win the game against that former team, period. Likewise the company does not recruit the former union president by accident or mutual understanding, its strategy. Don't confuse playing the game with good sportsman-like conduct in support of common business and prosperity goals, with the requirement to only play for one side. Good men we all love and favor fall subject to this manipulation, often without their knowledge, and it is not a betrayal of their friendship to oppose them when they switch sides. If we did not love and trust them, they would not have been chosen and lured to the other side in the first place. The deception by the drafted player is not made at a conscious level, it's just human nature and it's all about money and power which corrupts our ability to be objective and loyal to two masters. This is why our court system created the defense attorney, and why our military created counter intelligence. Its strategy and its propaganda, and it works, and that's why the "powers to be" manipulate the chess pieces by sometimes changing their colors. Some players know they are being manipulated when their color is changed, but it brings them more money and power so they do not care. The rest have good intentions but do not even realize they are being manipulated. This tactic is also known by another name, Divide and Conquer. In battle sending an imperfect message with an imperfect team is obviously not ideal, but it's still being sent by YOUR team, your union leader, a leader that has common goals and common rewards with you, they are the best, because we have elected them to do a job for us. If you are not backing Moffett but believing the spin by those that have recently switched sides, you are taking food out of your own mouth. Showing unity and backing an imperfect situation still results in taking just as much ground, it's about unity and bargaining power. It's not necessary to wait around for that perfect attack because it will never come, the company will spin and attempt to destroy anyone that gets in their way. Ultimately it's not about any specific attack anyway, ASAP or whatever it makes no difference, it is and always has been only about power. If this company cared about safety it would not build pairings with 8 hour overnights, come on, are you that naive? Besides, do you really think Hoffa cares, no, he got a call from corporate America and was squeezed into denouncing Moffett. If he didn't they would spin the safety card against him and the Teamsters National with implication for truckers, future contracts, insurance rates etc...saying something like the Teamsters use safety as a bargaining chip, blah blah blah... Do you really think any pilot is going to do something unsafe for the contract, absolutely not, the only ones threatening safety here is the company with reduced rest, fatigue, and poverty. Do you not find it odd that Hoffa and the Teamsters are opposing a Teamster president publicly? Would the Teamsters National not normally support and work with one of their own? Why did they not sit down and help him strategize, correct any mistakes, and charge ahead? Would the Teamsters National not normally support and leverage a contract for all those pilots that have been paying Teamster dues, isn't that why we have all been paying Teamster dues in the first place? I sure haven't been paying dues so that the Teamsters National could come along and write this kind of an article undercutting our union leader and our unity. Whose side is the Teamsters National really on, it's obviously not the Republic pilots side.
No matter what Moffatt does the company is going to spin it like he is the terrorist and brainwash people like you into believing it, wake up, back your players that are trying to change things for you and your livelihood. Where has Hoffa been for the last 6 years, except collecting our dues. Seriously, do you really think an FO going for upgrade, signed off by a checkairman ready for the upgrade, who then fails, is not even capable of returning as a First Officer.
whoa!