Opinion

EDITORIAL: Hulman & Co.'s new board is good sign

March 5, 2011
 IBJ Staff
The Indianapolis Motor Speedway and the IndyCar racing series are far too important to the Indianapolis economy for their fate to rest entirely in the hands of a small board populated by members of the same family.
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MAURER: Conner Prairie's allure keeps growing

March 5, 2011
Mickey Maurer
Conner Prairie, an outdoor immersion history museum, offers modern-day time travelers an opportunity to experience long-ago life on the prairie at the Conner residence in what is now Fishers.
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MARCUS: The nightmare in my neighborhood

March 5, 2011
Morton Marcus
Clearly, any group of workers with incomes in excess of their proportion in the economy are villains.
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KENNEDY: Who moved Wisconsin's cheese?

March 5, 2011
I can’t help thinking how ironic it is that Wisconsin—home of the “cheeseheads”—is the most prominent example of what happens when political leadership stubbornly refuses to deal with an economic landscape that has changed.
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FEIGENBAUM: Prepare for a history-making budget process

March 5, 2011
Ed Feigenbaum
Hoosier Democrats may find that their solon sojourn in Illinois invokes Newton’s law of political physics: Every action has an equal and opposite reaction.
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BENNER: Enabled by us, the rich squabble over billionsRestricted Content

March 5, 2011
Bill Benner
How can Indianapolis, and cities throughout America, continue to feed the beast that is sports?
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LOU'S VIEWS: Inside the outsider at the IMA

March 5, 2011
Lou Harry
Thornton Dial created his own artistic rule book; the results are stunning.
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SKARBECK: Reaching too far for yields may have consequencesRestricted Content

March 5, 2011
Ken Skarbeck
Investors eager to capture return are frequently attracted to investments that offer high yields. But before leaping into them, they should remember the useful idiom: “There is no free lunch.”
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HICKS: Telecom reform in Indiana workedRestricted Content

March 5, 2011
Mike Hicks
Deregulation of monopolies tends to almost always make consumers better off. Indiana’s broad and effective telecommunications reform of 2006 is a classic example of this.
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Horse investment not 'shameful'

March 5, 2011
Thank you very much for your accurate [Feb. 28 editorial] on the Indiana horse industry.
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Let's keep shrinking local government

March 5, 2011
I found Morton Marcus’ [Feb. 21 column], “Rethink government consolidation now” provocative and in alignment with my thinking.
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Education bills deserve scrutiny

March 5, 2011
In “Tough love for public education” [a column in the Feb. 14 issue, Greg Morris makes] several excellent points.
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Governor will damage public schools

March 5, 2011
Things are getting crazy as state resources diminish. Our governor is clearly out of touch with reality. He wants to abolish the 1:600 ratio for elementary school counselors to students on top of drastically cutting back state-supported mental-health programs.
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DINING: If you go 2 1 new place 4 pizza ...

March 5, 2011
Lou Harry
First in a month-long series of reviews of restaurants with numeric names.
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EDITORIAL: Don't put reins on horse industry

February 26, 2011
 IBJ Staff
The current draft of the state budget calls for redirecting most of the money that has gone to horse racing to the general fund instead. The industry would receive $27 million in the next fiscal year, down from $60 million this year.
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MORRIS: Don't have a job? Work anyway

February 26, 2011
Greg Morris
If recent graduates can’t find a job, they should do something while they continue to search. Take any kind of job you can get. Volunteer at church or at a not-for-profit organization. Take a wait-staff job. Take a part-time job. Do something.
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MARCUS: Debt and taxes are not the devil's doing

February 26, 2011
Morton Marcus
This national debt business is being overplayed. Critics characterize the debt as a giant burden, our most important national issue. Borrowing for the future, however, makes good sense when the debt contributes to economic growth.
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SLAUGHTER: When bosses behave like bullies

February 26, 2011
Robby Slaughter
Many supervisors seem to have the same demeaning, demoralizing attitudes we encountered as children at recess. What do you do when your boss is a bully?
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FEIGENBAUM: Freshmen legislators' green is showing

February 26, 2011
Ed Feigenbaum
The “new kids in the bloc” failed to heed their elders, and got a bit greedy too quickly, goading Democrats into the only recourse open to them.
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ALTOM: Are iPods in the workplace music to an employer's ears?

February 26, 2011
Tim Altom
It’s rare to visit a workplace nowadays without seeing at least a few employees with tiny little earbuds trailing thread-sized wires down to a music player the size of an infant’s thumb.
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HICKS: Uncertainty always leads to oil-price fluctuationsRestricted Content

February 26, 2011
Mike Hicks
Being a commodity, changes to oil prices are frequent and instantaneous. Changes to supply or demand of petroleum in the Middle East affect the price at the pump in the Midwest within hours.
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DINING: At base of new hotel tower, a taste of Italy

February 26, 2011
Lou Harry
Last in our month-long series of reviews of new restaurants downtown. This week: Osteria Pronto at the JW Marriott.
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HETRICK: Offing the wizard in the wonderful Land of Oz

February 26, 2011
Bruce Hetrick
Foreigners and unions and gays, oh my!
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LOU'S VIEWS: Making history at arts venues

February 26, 2011
Lou Harry
Three leading Indiana institutions—the Indiana History Center, the Eiteljorg, and the IRT—look at volatile moments in American history.
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BENNER: Bill Lynch leaves sidelines, comes full circleRestricted Content

February 26, 2011
Bill Benner
There's a high road out there, and former IU football Coach Bill Lynch is traveling it.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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