Articles

EYE ON THE PIE: Care-giving could be competitive edge

Joe Gomeztagle and I were having delicious but illicit desserts at Steak n Shake in Merrillville. Joe, you will recall, is the guy who was the force behind getting the state’s former property-assessment practices declared unconstitutional. This day, Joe was telling me that we’re on the wrong track in Indiana again. What I like about Joe is that he is often out ahead of others who are labeled “thinkers.” While others are pushing for government efficiency, Joe is talking about…

Read More

McIntosh goes to bat for players at hearings: Former politician represents 3 stars grilled about steroids

Hoosiers who saw some of baseball’s biggest stars testify before a congressional committee about steroids may have caught a glimpse of former U.S. Rep. David McIntosh. The Republican Muncie native served Indiana’s second district in the House of Representatives from 1995 until 2001, and he ran unsuccessfully for governor in 2000. He is currently a partner at the Washington, D.C., office of international law firm Mayer Brown Rowe & Maw LLP. Commuting from Indiana to the nation’s capital, McIntosh’s legal…

Read More

STATEHOUSE DISPATCH: Kenley’s funding plan has momentum despite critics

Remember when Republican Gov. Mitch Daniels felt “car-bombed” by House Democrats when they refused to provide a quorum for votes on 132 bills? Then Senate Tax and Fiscal Policy Committee Chairman Luke Kenley, RNoblesville, must have felt last week that his plan to help finance a new stadium for the Indianapolis Colts and an expansion for the Indiana Convention Center was hit by rocket-propelled grenades. Kenley proposed to finance the two projects through a combination of private, state and local…

Read More

VOICES FROM THE INDUSTRY: There are reasons for rising school construction costs More technology More sports

Public school officials around the state have received sharp criticism in recent years for authorizing construction that critics decry as ostentatious and excessively expensive. Chief among the targets, but not exclusively, are athletic facilities that are often perceived as superior to all but the largest of our NCAA Division I colleges and universities. Without taking sides in the fray, I would simply remind everyone that K-12 education is basically a community function driven by local decisions. The bulk of the…

Read More

Software-maker expands through public incentives: Exact Target must prepare for market’s consolidation

It made for a great photo-op. With the morning sun shining brilliantly through the windows, Exact Target showed off its brand new headquarters in the Guaranty Building on Monument Circle. It was the second day of spring. Bipartisan smiles were the first item on the agenda. Gov. Mitch Daniels, a Republican, was there to celebrate the fast-growing e-mail software-maker’s $1.14 million package of government incentives. So was Mayor Bart Peterson, a Democrat. Exact Target had earned its tax credits, abatements…

Read More

BULLS & BEARS: Understanding the effect of increasing interest rates

Interest rates are a major variable in the evaluation of any investment, whether it’s stocks, bonds, real estate … you name it. As interest rates change, they alter the value of all financial assets. Simple mathematics shows that, as interest rates rise, the present value of a dollar to be received tomorrow is worth less to an investor today. Thus, when interest rates rise, the prices of all investments move down in value. And conversely, when interest rates fall, investment…

Read More

Indiana State Bar Association embraces construction: Organization starts Construction and Surety Law section to help lawyers who work in building-related fields

A new section of the Indiana State Bar Association is a little out of the ordinary. The Construction and Surety Law section, which went into operation last fall, focuses on a specific industry instead of a specialized area of the legal practice, such as liability or contract law. This approach is pretty uncommon for state bar associations, Indiana State Bar Association officials said. “This section represents the cutting edge for bar membership,” said Section Vice Chairman David J. Theising, a…

Read More

STATEHOUSE DISPATCH: Lawmakers struggle amid chaos, but order will come

If you’re having a tough time following the twists and turns of the political soap opera that is the 2005 Indiana General Assembly, you are not alone. Legislators find themselves so perpetually distracted by all sorts of peripheral issues and actions that Eli Lilly and Co. might want to consider a new market for its adult ADD medication. What do we mean by this legislative attention deficit disorder? Think back to December, when the first order of business seemed to…

Read More

D.C. key to meeting biz: Indianapolis lands conventions with Washington contingent

WASHINGTON, D.C.-Kim Allison wants people to think of one thing when they see her: Indianapolis. So she makes the rounds, on and off the clock, creating that connection. Whether she’s bowling or shopping, eating or reading, Allison has her hometown in mind-even though she’s living and working nearly 600 miles away. “We go to everything,” said Allison, who leads the Indianapolis Convention & Visitors Association’s two-person office in suburban Washington, D.C. “It helps keep our name out there.” Thousands of…

Read More

NOTIONS: Hazy logic: No business should have a license to kill

Saturday, Feb. 26, was the second-tolast day my boys, Austin and Zach, saw their stepmom alive. They didn’t see much of Pam that day. She and they slept late-Pam because she was ill with cancer, Austin and Zach because they’re teen-agers. Once everyone awoke, Zach had a six-hour photo assignment at the IU Natatorium. Late that afternoon, I took Austin to a movie, while my sister-in-law stayed with Pam. When we all returned home, we watched a video, discussed its…

Read More

ECONOMIC ANALYSIS: Revised economic data show pronounced growth

Can government really create jobs? That’s a question candidates in the throes of a political campaign, whose rhetoric promises endless prosperity, will sometimes put to economists like me. My answer has always been that there is a lot our leaders can do to destroy jobs, but very little they can do to create them, at least in the short run. But recent events have caused me to reconsider this. Our government, or more accurately, the statistical agencies we employ to…

Read More

Anthem, docs still skirmish: Insurer’s new pre-approval rules rankle some A rocky marriage

Anthem Blue Cross and Blue Shield just dumped a load of extra work on the office staff of the average ear, nose and throat specialist, according Dr. Thomas Whiteman. The WellPoint Inc. subsidiary now requires pre-approval for nonemergency, high-tech imaging such as MRI or CAT scans. The insurer started the new policy March 1 to curb overuse. Whiteman said the average otolaryngologist-or ear, nose and throat specialist-schedules as many as eight of these tests a day. If Anthem insures just…

Read More

Unifying Indiana’s IT efforts: State’s new CTO plans to centralize computing

Indiana’s state Web portal, access-Indiana, won at least a dozen awards over the last four years. It was frequently lauded as a model of modern government efficiency-robust, reliable and user-friendly. But, according to new Indiana Chief Technology Officer Karl Browning, the reality was only skin deep. Certainly, accessIndiana is the handsome public face of state information technology. But beneath the surface, there’s a tangled mess of unconnected systems, each managed independently by a separate agency. Gov. Mitch Daniels, a Republican,…

Read More

Training agency slashes government reliance: Not-for-profit turns to private donations for funding

Talk about a turnaround. An Indianapolis not-for-profit that once relied on government money to pay for most of its programs has found a way to do what many others wish they could-diversify its revenue stream as public funding dries up. In less than five years, work-force development agency Training Inc. has ended a decades-long dependence on government grants and contracts. “We had to reinvent ourselves in order to survive,” said former Director Joyce Duvall, who left this month after more…

Read More

BULLS & BEARS: Americans’ lack of savings shouldn’t be misconstrued

One trait Americans have perfected is fretting. We are the most anxious of all cultures at a time when our prosperity is at its peak. According to the Federal Reserve Board’s flow of funds accounts, Americans’ household assets and net worth are at alltime highs, home ownership and homeowners’ equity are at all-time highs, and we have more money in the bank and money-market funds than we’ve ever had. Still, we are popping anti-depressants like popcorn. Even after all the…

Read More

Auction company packing up Winona: Closed hospital has potential buyer, attorney tells court Getting organized

“That’s to keep the spirits away, make ’em happy,” Brian Hayes explained as he turned past the blaring radio. Auctioneers and the occasional unexplained phenomenon have taken over Winona, as the closed hospital nears an April auction date for its remaining equipment. Hayes, of San Francisco-based Rabin Worldwide Inc., has piled up seven-day workweeks since early February cataloging and organizing the defunct hospital’s assets. All that work may go for naught, however, if the auction proposal dies in bankruptcy court…

Read More

Bart plans 3rd run: Peterson has $1.2 million in his mayoral campaign chest

And how. Peterson, a Democrat, has raised $547,836 in the year since he defeated Republican challenger Greg Jordan to earn a second term. Including funds left over from the last election cycle, his total campaign chest currently stands at $1,217,189. For now, Peterson is more than the frontrunner in the 2007 Indianapolis mayor’s race. According to the Marion County clerk’s office, he’s the only candidate yet on file. Many had speculated that Peterson, perhaps the Indiana Democrat Party’s best-known figure…

Read More

STATEHOUSE DISPATCH: At half-time in the Statehouse, it’s politics 1, people 0

This column is typically devoted to the intersection of politics, government and business (with an occasional tortured sports analogy tossed in). We don’t usually address the higher order of the universe, but after last week, we find that we must delve into the field of metaphysics to provide you with some perspective on legislative events. March 1 marked the halfway point in the 2005 session of the Indiana General Assembly. But with more than 130 bills dying for lack of…

Read More

Republic Airways ponders employee concessions: But union complains about ‘disingenuous’ memo

A memo by Republic Airways warns of the need for employee concessions if ailing partner U.S. Airways ceases operations, Teamsters officials said. The union representing 1,000 cockpit crew members and 600 flight attendants at Republic’s Chautauqua Airlines unit has found itself-not the Indianapolis company-on the defensive, however. Union leaders are wrinkled at what they say is a disingenuous memo Republic CEO Bryan Bedford sent to workers about seven weeks ago, alleging that the union has withheld information from pilots and…

Read More

As leaders argue, local crime rises: Inner-city residents fear police consolidation, but city says it can’t afford current structure

Despite Mayor Bart Peterson’s addition of 200 cops in 2000-which gave IPD the strength to try community, or preventive, policing-crime jumped 11 percent over the last two years. Between them, the Indianapolis Police Department and the Marion County Sheriff’s Department responded to 5,487 more offenses last year than in 2002. Unless new money is found, Peterson has repeatedly warned, the cash-strapped city soon will be forced to fire IPD officers. Marion County Sheriff Frank Anderson already struggles to fight suburban…

Read More