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Articles

EYE ON THE PIE: Indiana turning toward Houdini plans

January 16, 2006

“What should the Indiana General Assembly do during this session?” The question came from Ralph Write, a newly minted reporter. “I’m glad you asked,” I replied. “Simple solutions from simple people would be simply spectacular. But the issues are complex and I don’t know if the legislators have the information they need to decide intelligently any of the major questions before them. “For example,” I expounded, as Ralph took more notes than were warranted by my remarks, “there is the…

Builders remain bullish: Area likely to escape home construction slump, experts say

January 16, 2006

When home mortgage lender Fannie Mae this month predicted home sales might fall as much as 10 percent in 2006, Wall Street shuddered. Shares of home builders dropped, temporarily stalling a rally in the broader stock market-and raising questions whether the pace of new subdivisions in central Indiana might slow. Yet despite the discouraging outlook for the national housing market, builders active in central Indiana remain optimistic, singing a common refrain: not here. As it has for the past two…

Aearo aiming for IPO: Giant in safety equipment wants to raise $230 million, plans overseas expansion

January 16, 2006

An Indianapolis company that makes earplugs, hard hats and other protection gear used by everyone from soldiers to construction workers has laid the foundation for an initial public stock offering. Aearo Technologies Inc. plans to raise up to $230 million in the offering and list its shares on the New York Stock Exchange, according to its registration statement filed late last year with the U.S. Securities and Exchange Commission. But the filing leaves blank a number of key details-such as…

IRSAY’S ODYSSEY: Owner learned from life in NFL to build winning team

January 16, 2006

The Indianapolis Colts' evolution from perennial patsy to Super Bowl favorite is a body of work with a seldom-told—and often misunderstood—history. It's easy to see the hues all-pros Peyton Manning, Marvin Harrison and Edgerrin James painted on this masterpiece season. President Bill Polian and Coach Tony Dungy certainly colored the landscape. And Offensive Coordinator Tom Moore added his creativity. But theirs aren't the only signatures on this canvas.

Kosene condo plan rankles residents: Broad Ripple developments would undermine character of village, neighborhood groups say

January 9, 2006

Kosene & Kosene Residential LLC wants to follow the success of its sold-out Monon Row condominium project in Broad Ripple with two new projects. But it’s facing strong opposition from nearby residents, who say the high-density projects are out of step with the small-town character of the village. The Indianapolis-based developer is seeking rezoning that would allow it to build 23 condos at 66th and Ferguson streets and 28 condos along the Monon Trail south of Broad Ripple. Buildings would…

‘Crammers’ facing big fines: Two firms accused of billing phone customers for directory assistance services not ordered

January 9, 2006

As in $1,071,000. That’s how much the Office of Utility Consumer Counselor wants the Indiana Utility Regulatory Commission to ring up in fines against Casper, Wyo.-based Micronet Inc. It also requests that the commission turn over the case to Indiana Attorney General Steve Carter for prosecution under the state’s deceptive practices act. Micronet is accused of billing hundreds of Indiana business, residential and state government lines in late 2004 and early 2005 for directory assistance service callers never requested or…

State’s plans for Larue Carter remain uncertain: New hosptal ideas are still under consideration

January 9, 2006

A year after the administration of then-Gov. Joe Kernan proposed building a new Larue D. Carter Memorial Hospital, the future of Indianapolis’ lone state-owned psychiatric hospital remains murky. The Indiana State Office Building Commission bought an 18-acre site near the IUPUI campus in December 2004, during the waning days of the Kernan administration. State officials talked then about spending as much as $55 million to build a Larue Carter that would replace the existing hospital, which is part of an…

NOTIONS: Resolved: No dropping the ball after the ball drops

January 2, 2006

Does your January break With a master plan? A savvy scheme? Sophisticated strategies and tactics? Or will you wing it, Taking each day as it dawns, Making the most Of each passing moment? Do you begin with an honestly clean slate? Or do lingering regrets, (Unsaids and undones), Cloud your New Year’s premiere? Was the year just past a good one for you? Did it enrich your mind and spirit? Did you enjoy good health? Did you give and get…

EYE ON THE PIE: Cost-of-living is with us, not in the stars

January 2, 2006

“I saw your column last week about the cost of living and I think you are a fool.” That was among the kinder messages on my mental answering machine, the one that records the thoughts I imagine readers have after reading my columns. All I had done was explain that the major differences in living costs in different places are related to housing. Housing prices reflect income levels, the benefits of living in different places, and the limitations on building…

Education, work force key hurdles to new economy:

January 2, 2006

Having recently returned to Indiana after a 15-year absence, I see a region filled with both challenges and opportunities. The Central Indiana Corporate Partnership, the organization I’ve returned to serve as president and CEO, is focused on long-term economic prosperity for our region. To this end, our people are our most valuable resource. Unfortunately, central Indiana faces a significant challenge in making our human capital match our goal of a knowledgebased, 21st-century economy. Indiana ranks 46th in the educational attainment…

SPORTS: The good, the bad and the hoped for in sports

January 2, 2006

Even with some disappointments sprinkled in (Ron Artest, Purdue football and no state teams in the NCAA men’s basketball tournament), 2005 was an outstanding year for sports in Indiana. But 2006 will be even better. In that vein, we look back, and we look ahead: Best local sports stories of 2005 1) The passing of the funding mechanisms at the state and local levels that led to the Sept. 20 groundbreaking for Indiana Stadium. While Reggie Miller’s retirement from the…

STATEHOUSE DISPATCH: Short legislative session may be eventful, for a change

January 2, 2006

We’ve all become lulled into assuming that the so-called “short” session of the Indiana General Assembly in the even-numbered years is the political equivalent of the practice of medicine: First, do no harm. In election years, lawmakers are reluctant to do much beyond that which they must do to protect public health, safety and treasury. The short session originated as a vehicle for handling emergencies arising between the odd-numbered-year budget sessions, and many legislators-particularly those seeking re-election-didn’t see much cause…

Drug costs on chopping block: M-Plan introduces pill-splitting program

January 2, 2006

Indiana’s second-largest insurer, M-Plan Inc., welcomed some of its customers to the new year with a pill-splitting program that can chop prescription drug costs in half. The Indianapolis-based health maintenance organization became part of a growing crowd of insurers endorsing a money-saving concept long practiced by doctors and patients. However, pill splitting still stirs a healthy dose of concern over safety in some corners of the pharmaceutical world. “I’ve had arguments with insurance companies about this for years,” said Skip…

In the new year, building on the successes of 2005:

January 2, 2006

This past year was one of the most active and successful in our city’s history. We pushed through legislation to fund an expansion of the Indiana Convention Center and build a new multi-purpose stadium, both of which will be tremendous boons to our region’s economy, pumping in more than $2.25 billion in investment and creating more than 4,200 permanent jobs over the next 10 years. In addition, through the leadership of the governor and legislature, a one-of-a-kind regional funding solution…

EYE ON THE PIE: Cost of living depends on how you live

December 26, 2005

“You can find warmer,” I said, “but I’m not sure you’ll find nicer anywhere.” “Well, if you don’t want to go, I could go myself,” Myrtle pouted. “I could be a muse anywhere; it’s a transferable skill and I don’t need a license to practice. I’d just find some nice writers or artists in another place, or even offer inspiration over the Internet.” “How much do you make a year, Myrtle?” I asked. “None of your business,” she said curtly….

Small biz preparing wish list: Lobbyists hope to repeat past legislative success

December 26, 2005

But that doesn’t mean the organization and its 16,000 Hoosier members will rest on their laurels for the short legislative session in 2006. The group will bring a full wish list to the Statehouse in January, lobbying against increased property taxes and health insurance mandates. It’ll also petition lawmakers to restrict eminent domain seizures. Still, observers don’t think the organization will have as much cause for uncorking the bubbly as it did last year. No different than last session, businessfriendly…

NEWSMAKER: Jischke praised, while Herbert taking heat:

December 26, 2005

NEWSMAKER Jischke praised, while Herbert taking heat Confidence in the job performance of the two leaders of the state’s largest universities headed in opposite directions this year. At West Lafayette, Purdue University President Martin Jischke, 64, continued to receive high praise for elevating the university’s status as a player in the state’s economic development mission. Meanwhile, his colleague at Indiana University, Adam Herbert, found himself fending off a barrage of critics calling for his ouster because they don’t think he…

RETURN ON TECHNOLOGY Tim Altom: Here is list of the worst tech foibles of 2005

December 26, 2005

Well, happy holidays again, my brethren! It’s once more time for my holiday gift to you, a compendium of technological disasters that test the assertion that we’re happiest when we read about those who have been more humiliated than we were. As military pilots used to say about their own missteps, “Man, that’ll leave a crater.” The most recent example in this hall of horrors is Mizuho Securities, as reported by CNN Dec. 9. Massive, Tokyo-based Mizuho switched two numbers…

EYE ON THE PIE: Did you miss this last week?

December 19, 2005

Congratulations to the Crothersville Times on the occasion of its 25th anniversary. In today’s world, most newspapers are declining in circulation. When a weekly newspaper, in a town of 1,500 people, survives 25 years, the owner-publisher-editor deserves our applause. Curt Kovener fills all these roles and more with passion, humor and grace. Not commendable is the new Indiana license plate for the Indianapolis Colts. Has the Bureau of Motor Vehicles forgotten that the Colts are not a public institution but…

SPORTS: We trusted and got burned; now it’s time to move on

December 19, 2005

Reaction to the news that a soon-to-be-former Indiana Pacers forward wants to relocate his talents elsewhere reminds me of a scene from the classic cinematic comedy “Animal House.” One of the most noticeable results of a fraternity night out that had gone hopelessly awry was the destruction of a car that character Kent “Flounder” Dorfman had “borrowed” from his brother. As the Deltas surveyed the damage, Eric “Otter” Stratton looked at his distraught fraternity brother and said, “Face it Flounder;…

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