November 7, 2005
Chris O\'malleyAn Indianapolis company that provides wireless broadband service from atop grain elevators, water towers or darned near anywhere
the warbler roosts is expanding at a rapid clip and plans to launch Internet-based phone service in early 2006. Omnicity Inc.
also plans another private offering to raise cash for its ambitious build-out in rural areas that are underserved by high-speed
Internet providers. Improving broadband access has economic development implications in Indianapolis' remote bedroom communities
and throughout sparsely populated areas. Now, even...
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November 7, 2005
Greg AndrewsHere's a new twist in the already surreal saga of James T. O'Neal Jr., the Carmel native preparing to stand trial in Orlando
on charges he swindled millions of dollars from executives here and in Florida. In late September, a new court filing charges,
the 59-year-old Orlando resident swiped his passport and the Social Security cards for himself and his family from a repository
of court records in Indianapolis. "It is a reasonable assumption that he will continue to take...
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November 7, 2005
Patrick BarkeyThere's no such thing as a free lunch, goes the familiar cliché about economics. That old phrase is meant to impart the simple
idea that anything that consumes resources imposes a cost, which is certainly true. But a little tweak of the wording produces
a much more powerful insight. That's to say-to an economist's way of thinking, at least-nothing should be free. Those dour
sentiments doubtless explain why economists don't get invited to many parties. Free goods abound in our...
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October 31, 2005
Anthony SchoettleFour miles and decades of history separate the Anderson exits along Interstate 69 northeast of Indianapolis. Empty General
Motors Corp. plants-as much a thing of the past as single-class basketball-cast ominous shadows at Exit 26, once Anderson's
front door. To the west, closer to Indianapolis, is Exit 22 and the trappings of the future: millions of dollars in new infrastructure,
a new business park, and the state's largest business incubator-tools Anderson officials think they need to turn this rust-belt
poster...
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October 31, 2005
I hate to get all philosophical on you, but a free press is critical to democracy. In the free world, newspapers have always
played the dual roles of information provider and watchdog. Readers expect to learn what's happening by reading newspapers.
When it comes to publicly funded government entities, the role of watchdog is particularly critical. Newspapers throw the
light of day on the workings of government so citizens can see how their money is spent and keep their elected...
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October 31, 2005
Tom MurphyIndiana state government will unveil a fresh approach to insurance coverage next year when it offers health savings accounts
to its 33,000 employees and their dependents. The state wants employees to take more control of their health care and consequently
harness spiraling costs, Personnel Director Debra Minott said. The high-deductible AnthemBy-Design plan it chose to accomplish
that will be offered as one of five coverage options during an open enrollment that starts Oct. 31. "We really see a looming
crisis...
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October 31, 2005
Tom MurphyA growing population is breeding more multimillion-dollar health care projects in Hendricks County. Danville-based Hendricks
Regional Health will begin work next month on a $16 million medical office building more than a year after completing a $24.5
million hospital expansion, and St. Francis Hospital & Health Centers is staking its claim with a $4.7 million medical office
under construction in Plainfield. Meanwhile, Clarian Health Partners plans to bulk up parts of the 76-bed hospital it opened
just last year in...
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October 31, 2005
Tammy LieberA consortium of some of central Indiana's biggest players in construction has set its sights on improving minority involvement
in the $8-billion-a-year industry. The Indiana Construction Roundtable, an organization made up of some of the biggest users
and providers of construction services, on Oct. 12 approved a diversity outreach initiative. The ambitious plan aims to increase
minority participation in the construction industry by rewarding contractors who support education and training, employ minorities
and women, and mentor small minority- and women-owned...
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October 31, 2005
Tim AltomSanford Kahn, a business trends analyst, (www.businessspeaker.biz/ ) once wrote that it is a myth that information is power,
and I agree with him. If it were true, the public library would rule the world. Google would run a galactic empire. Instead,
in the halls of the real power structure in the world's most powerful nation, our government suffered one of history's biggest
forehead-slappers after its intelligence organization confused rhetoric with reality over weapons of mass destruction. In
this case,...
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October 31, 2005
Andy JacobsThere is an unfortunate misunderstanding going around about the Social Security trust fund. These are facts: First, the U.S.
bonds that constitute its assets pay the same rate of interest as regular U.S. bonds. Second, the bonds held by Social Securi
ty are not marketable, which means they can be cashed any time at par or face value. Other U.S. bonds are subject to the market
if cashed before maturity. Third, the surplus is not there by accident; it was...
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October 24, 2005
Anthony SchoettleThe giggle will soon be gone. Hoosier Lottery officials are eliminating the tag line giggle in their ads. And, more significantly,
they're replacing the local firm that created those ads with a Louisville-based advertising agency. That decision has wiped
the smile off many faces in the local advertising community. One local industry executive said agencies here are stunned given
the state's pledge to "buy Indiana." The Louisville firm, Bandy Carroll Hellige, beat out Bloomington-based Hirons & Company
Communications Inc. and...
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October 24, 2005
Andrea MuirraguiPublic broadcasters usually aren't shy about asking for money. Indeed, their telethon-style fund-raising drives likely are
as recognizable to audiences as Big Bird and Garrison Keillor. But when it comes to big money, they haven't had much practice.
Until now. For more than a year, Indianapolis broadcaster WFYI quietly has been lining up support for its largest-ever capital
campaign-a $15.3 million effort to upgrade equipment, expand its Meridian Street building, and more than double the not-for-profit's
endowment. Station leaders were...
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October 24, 2005
Tracy DonhardtreporterDriving a road sweeper when he was 18 years old, Ryan Kruse never saw the train that slammed into his vehicle and turned him
into a quadriplegic. College and other plans for the future seemed out of reach for Kruse, who was paralyzed from his chest
down that day 13 years ago. But recently, Kruse, who is working on a second bachelor's degree at IUPUI, traveled to Georgia
to celebrate his grandmother's 80th birthday. He drove. With only limited use...
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October 24, 2005
Morton MarcusMany folks want to get rid of property taxes. They think property taxes are o l d - fa s h i o n e d , although most who think
so have not thought through the issue. These property-tax abolitionists want to use income or sales taxes, which they contend
are more "fair," whatever that means. They forget that one aspect of "fairness" is to relate taxes to services received. This
is called beneficiary taxation. An example of beneficiary...
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October 24, 2005
Tammy LieberThe state of Indiana has taken a first step in overhauling how it manages its real estate by selecting a local firm to sell
surplus property. Meridian Asset Development was notified Oct. 12 of the state's intent to award it a contract to manage the
sale of potentially hundreds of acres of land the state owns. A contract could be in place within two weeks, pending negotiations
over the exact terms, said Kevin Ober, deputy commissioner for the Indiana Department...
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October 24, 2005
Chris O\'malleyIn a dark corner of the Kenny Brown Performance garage is the 2005 Mustang Ford Motor Co. should have built. Supercharger.
Disc brakes as big as the tires of some cars. All hung on a chassis that's Prince Charles stiff. And shrouding its meaty tires
are a protruding rear fender and a filled-in quarter window raked all the way back to the taillights, akin to the 1967 Mustang
fastback. "It's kind of like the marriage of heritage and technology," said...
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October 24, 2005
Change seems to be the one constant at Indianapolis Public Schools. Superintendent Eugene White unveiled a major redistricting
plan Oct. 12 that would send 14 percent of students to new schools next year. IPS has been redrawing its districts every few
years since the '70s. In recent years, children in my Irvington neighborhood have been assigned at various times to Thomas
Carr Howe, Arlington and Broad Ripple high schools. Now, it'll be back to Howe again. Some families, like mine,...
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October 24, 2005
Greg AndrewsOne of two former Brightpoint Inc. employees charged this month in an accounting scandal has agreed to plead guilty in return
for receiving a prison sentence of no more than 18 months. John Delaney, 40, former chief accounting officer of the wireless
phone wholesaler, could end up spending far less time behind bars. In his nine-page plea agreement filed in federal court
in Indianapolis, the U.S. Attorney's Office says it will argue for a lesser sentence. Delaney on Oct. 13...
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October 24, 2005
-Peter SchnitzlerFew want to talk about the prospect. But if the police merger should fail, it won't mean a return to business as usual. Local
government can't sustain the status quo much longer. There's a reason Mayor Bart Peterson, a Democrat, is exploring cop consolidation
now. Because of the rising cost of police and fire pensions, every year it becomes more difficult to keep public safety budgets
in the black. This year, the city will pay $21.6 million toward the pension...
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October 24, 2005
Peter SchnitzlerIt'll be close. But Mayor Bart Peterson may have just enough support to make his proposed police merger a reality. The City-County
Council is expected to vote on the issue Oct. 31. Advocates are hurriedly negotiating with key players, hoping lastminute
concessions will pull a handful of councilors off the fence. "I don't think it's going to be a wide margin either way," said
Peterson, a Democrat. "But I do believe it will pass. Because at the end of the...
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October 17, 2005
Morton MarcusBefore we get into anything this week, let me clear up an error from last week. I wrote that Techpoint received $2.3 million
in government incentives for locating at Indianapolis International Airport. The company was Transpoint. My apologies to all
who have cause to be offended. Now let's get on to the problem of the chicken and the egg. Many folks wonder which came first.
When we have trouble identifying causality, we cite the chickenand-egg problem. Is the clothing store...
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October 17, 2005
Dave GilreathThe fear du jour is the Avian Flu and the potential for the mother of all global pandemics. In November 2004, the World Health
Organization said an influenza pandemic was "inevitable," and in May of this year scientists predicted it could strike as
much as 20 percent of the world's population! Recently, news media have shown pictures from Asia of crates of dead birds and
reported new predictions, ranging from 5 million to 150 million human deaths. Hundreds of millions...
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October 17, 2005
John W.With less than three months until Medicare D takes effect, there is plenty for an employer to do to get ready. If you have
done nothing yet, follow these steps. If you are well on your way to compliance, use these to check your progress. Step 1:
Learn it Medicare D is the new prescription drug benefit available to Medicare-eligible individuals, effective Jan. 1, 2006.
With few exceptions, your retirees and active employees who are Medicare-eligible may enroll in Medicare...
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October 17, 2005
Tim MulherinAs anyone in the field of emergency management will tell you, the regrettably sluggish governmental response to the Hurricane
Katrina natural and manmade disaster boils down to the argument over jurisdictions (a perennial challenge in the world of
emergency management) and a gross lack of execution. As a result of the governmental infighting and dearth of critical decision-making
in the early stages of this catastrophe, American citizens were victimized. People suffered, people died. In the analysis
of the Hurricane Katrina...
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October 17, 2005
Peter SchnitzlerOne day in the not-so-distant future, robot drones will drive the military's supply vehicles through dangerous war zones.
They'll pilot tractors across farm fields and steer plows as they scrape snowy highways. Automatic cars will even whisk you
to and from work. High-tech entrepreneur Scott Jones, 44, believes with a zealot's fervor this all will happen. More than
a gee-whiz observer, the man who helped invent voice mail hopes to establish a robotic vehicle business-and ultimately the
robotic vehicle industry-in...
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.