February 27, 2006
Ed FeigenbaumWhy do we have a bicameral legislature, with four-year terms for senators and two-year terms for House members? Because, as
George Washington reputedly told Thomas Jefferson, the framers created the Senate to "cool" House legislation, just as a saucer
was used to cool hot tea. We've just seen evidence of this, and also of another important phenomenon, one that reminds us
of just how separate our branches of government truly are. We recently mentioned how the "adults" in the Senate...
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February 27, 2006
Patrick BarkeyI have always been amazed at the confidence and certainty projected by those who stand before the television cameras at the
end of the day and explain to us-in 90 seconds or less-why the stock market behaved as it did. I suppose if we are silly enough
to ask for a simple explanation for the 5 million or 6 million trades conducted on any given day, we should expect nothing
more in return. Of course, those trades take place for...
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February 27, 2006
Bill BennerThere will be no shortage of worthy successors to Mike Davis as the head basketball coach at I.U. Rick Majerus? I love Rick
Majerus. He's the absolute basketballjunkie with nothing like a wife, family or even a home to distract him from the job.
He's a tremendous motivator and strategist. But he's also a guy who's had heart problems and I worry if he could survive the
stress-not from coaching, but from being within an hour's drive of Iaria's. Thad...
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February 27, 2006
Scott OlsonThe Indiana Department of Education's effort to outfit high schools with computers is a costly endeavor for a state strapped
for cash. But installing what is known as open-source software is softening the blow. As the name implies, open-source programming
is available for users to study, modify and share freely-a sharp contrast to the proprietary software sold by behemoths such
as Microsoft Corp. and Oracle. Expensive licensing fees associated with the proprietary software sent the Education Department
looking for alternatives....
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February 27, 2006
Mark MilesAs you remember from the legend, Rip Van Winkle wandered off one day into the Catskill Mountains and ended up sleeping under
a tree for 20 years. When he wandered back into his village, unaware that he'd slept so long, Van Winkle found things back
home had changed in dramatic ways. You might have forgotten this detail from the story: Rip reappeared in his New England
town on Election Day, shortly after the end of the Revolutionary War. When he...
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February 27, 2006
Anthony SchoettleA $34 million loan from the NFL that the Indianapolis Colts are counting on to fund part of their share of stadium construction
could get sacked, at least temporarily, in an NFL labor dispute. Teams with pending stadium loans-including the Colts, Dallas
Cowboys and New York Giants and Jets-hoped to get final approval of their loans at the March owners' meeting. That is now
in serious doubt, league sources said. NFL owners last June approved a $34 million loan for...
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February 27, 2006
Tracy DonhardtUntil recently, SonarMed Inc., a startup developing a new type of breathing tube, was just a mailbox at Purdue University.
But having recently been awarded the first investment from the BioCrossroads' Indiana Seed Fund, SonarMed plans to move into
office space in Indianapolis, hire 15 to 20 employees before the end of the year and begin seeking U.S. Food and Drug Administration
approval for its device. The Indiana Seed Fund was formed last summer and now has $6 million to...
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February 27, 2006
Peter SchnitzlerOpportunity or threat? Indiana businesses brace for growing global competition Next month, President Bush will make his first
official visit to India. To most of the American media, it'll be just one more round of global terrorism discussions with
a distant foreign nation, perhaps worthy of a brief. The Indian press knows better. Six weeks ahead of Bush's trip, banner
headlines about it ran in every newspaper. Al Hubbard knows better, too. Friends with Bush since their days at Harvard...
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February 20, 2006
Bill Benner"Why's everybody always pickin' on me?" - from the song "Charlie Brown," by The Coasters I count myself among many, many Indiana
University alumni, supporters and basketball fans in general who wanted to see Mike Davis succeed as the Hoosiers' coach.
I admired his demeanor, humility and honesty. I respected the incredibly difficult situation he inherited, first as the interim
coach, then as the man designated to sustain IU's tradition in the wake of Bob Knight's firing. And certainly, no...
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February 20, 2006
Chris O\'malleyNot so long ago, the heart of Hancock Telecom in the tiny town of Maxwell was a concrete bunker ticking with the solenoids
of telephone switching equipment. But about a year ago, the devices were moved to a corner to make room for rack after rack
of satellite receivers-fed by a 32-foot dish big enough to cap a corn silo. The product: 176 channels of network and local
TV programming that leave headquarters in the form of pulsing light via...
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February 20, 2006
Tammy LieberLess than two months into the new year, Duke Realty Corp. has already made three major moves designed to fuel the company's
growth long beyond 2006. The Indianapolis-based real estate investment trust has announced or completed acquisitions in the
Washington, D.C., area; Savannah, Ga.; and Baltimore worth more than $1 billion. In the case of Savannah and Baltimore, the
deals give Duke prime positions near city ports-locations company officials believe will be key to the distribution business
in coming years....
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February 20, 2006
Scott OlsonA proposed development that would bring a Starbucks and a Union Federal Bank branch to the east side of Irvington presents
a conundrum for folks there thirsting to revitalize the historic but neglected neighborhood. Local developer Tharp Investments
Inc. wants to demolish a NAPA auto-parts store and a vacant building on adjoining properties it owns on East Washington Street
to make way for the coffee shop and bank. Residents welcome the investment as a first step in a broader plan...
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February 20, 2006
Tracy DonhardtThere are 22,200 households within a five-minute drive of 71st Street and Binford Boulevard, according to a recent market
study. The median income inside those homes tops $53,000, about 16 percent higher than the U.S. median income. Despite those
favorable demographics, area retail establishments and businesses have been dwindling. On the southeast corner of 71st and
Binford, for example, there once existed a Preston-Safeway grocery store, an Osco drugstore, a Great Clips hair salon, a pizza
parlor, a printing shop,...
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February 20, 2006
Scott OlsonA valuable piece of Hendricks County property slated for a mammoth warehouse and industrial park is pitting the neighboring
towns of Avon and Plainfield against each other. The two municipalities once were cooperating to annex the 882 acres together
and share the tax dollars generated by the $700 million investment that could attract 6,000 jobs. They stopped negotiating
last fall and now are employing separate tactics to claim the unincorporated land. Locally based Browning Investments Inc.
wants to build CentraLogistics...
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February 20, 2006
Ernie RenoChances are, most of you have never heard of the acronym "STIF." The four letters stand for sales tax increment financing.
Indiana has created so-called STIF districts around the state to stimulate economic development, or so we thought. STIF districts
work simply: They allow a portion of sales taxes generated at new retail projects to be redirected to pay the cost of public
improvements related to the projects, things like curbs and sidewalks, streets, sewers, other utilities, drainage and landscaping....
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February 13, 2006
Matthew KishTwo wall-size murals now welcome people to Massachusetts Avenue. An abstract sculpture that looks like an Alexander Calder
tribute sits on a bridge in the Canal District. A towering blue and green obelisk marks the north end of Broad Ripple on College
Avenue. The works aren't part of an elaborate conspiracy by a renegade public artist. They're the result of two years of careful
planning by the city's Cultural Development Commission. In 2003, the commission designated five areas of the...
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February 13, 2006
Scott OlsonNorth Carolina offers a 15-percent tax credit to filmmakers to help offset production costs. The credit recently helped sway
a national retailer to shoot an in-store commercial there instead of in Indiana. While the $600,000 production hardly compares
to a multimillion-dollar motion picture, losing it was a big deal for local companies that didn't get the work. Holli Hanley
of Grand Illusion Lighting Inc. in Zionsville, which rents lighting equipment to production companies, lamented the loss.
"Everyone in the entire...
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February 13, 2006
Susan RaccoliJoe Stilwell knows how stressful homeimprovement projects can be. So when his remodeling and design firm is on the job, he
can find himself tackling more than his supervisory duties-sometime acting as marriage counselor, pastor and even dog walker.
"We become part of this family for four to 10 months," he said. "We need to know if we should let the pets out." Client Paula
Ruppert can attest to his expertise. She and husband Michael hired Stilwell Architectural Design &...
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February 13, 2006
Matthew KishThe Omni Severin Hotel has confirmed it's negotiating to buy the surface parking lot immediately east of the hotel, which
it wants to redevelop into a parking garage capped by a 12,000-square-foot ballroom. Tourism officials love the idea, but
some parking lot managers say it's unnecessary. "We're buying it for a reason," said Chris Ratay, the hotel's area director
of sales and marketing. "This would allow us to have our own parking facility." Today, the hotel's valets run across the...
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February 13, 2006
Tom MurphyClarian Health Partners made a big splash last December in Hamilton County when it opened a 154-bed medical center, but competitors
in that market are showing they know how to flex development muscles, too. The county's three other hospitals all have planned,
started or completed expansion projects in the last few years, and those who know the market see plenty of room for more health
care. "If you're in the hospital business, it's hard to fail in a market like...
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February 6, 2006
Anthony SchoettleNational television executives' surprise decision to scrap two established networks and form a new one in their place caught
local affiliates off-guard and sent WNDY-TV Channel 23 looking for content to fill its airwaves this fall. "I don't think
anyone saw this coming," said Scott Blumenthal, vice president of television for Rhode Island-based Lin TV Corp., which owns
WNDY. CBS Corp. and Warner Bros. Entertainment plan to launch The CW this fall, a move that will have far-reaching affects
in...
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February 6, 2006
Chris O\'malleyIn fact, some say the franchising clash has overshadowed the real implications of deregulation: Cable operators will get their
first real competition since satellite TV mushroomed in the mid-1990s. Municipalities, which grant franchise agreements to
cable TV companies and collect millions in fees in return, hyperventilated when Sen. Brandt Hershman, R-Wheatfield, introduced
Senate Bill 245 last month. It would give the Indiana Utility Regulatory Commission the job of doling out statewide video
franchises. Cities would lose that authority, but would...
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February 6, 2006
Friday, 7:30 a.m.: I arrive at Indianapolis International Airport for a 9:01 a.m. flight to Puerto Vallarta, Mexico, where
I'll be attending a conference, and realize I have left my passport at home. I ask myself, "How could I be so stupid?" Friday,
7:35 a.m.: I check in at the American Airlines ticket desk, then call my brother, who is already at work. I ask him for a
"huge favor," whereupon he leaves work, goes to my house to retrieve...
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February 6, 2006
Anthony SchoettleThe Feb. 4-7 auction of locally based Panther Racing hangs over the open-wheel series like a dark cloud at a time when IRL
officials have been crowing about its 2005 successes. Television ratings soared 53 percent from 2004 to 2005, attendance increased
9 percent, merchandise sales were up 75 percent, and Web traffic on the series' site rose 162 percent. According to Joyce
Julius and Associates, an independent Ann Arbor, Mich.-based media research firm, sponsors got 57 percent more exposures...
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February 6, 2006
Patrick BarkeyYou can tell that economists as a group don't have a marketing bone in their bodies. How else can you explain the incomprehensible
name we've given the measure of economic activity we watch more closely than any other? Gross domestic product. If I were
a comedian, I could probably do a sketch on what images those words conjure up. But I'm an economist, so there's little chance
of that. Instead, like the rest of my brood, I am diving into...
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.