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EDITORIAL: School funding has fatal flaws

A state budget was passed June 30, but it’s balanced on the backs of poor children. Legislators
deserve praise for at least slightly increasing overall education funding, but because of a flawed funding
formula, urban districts such as Indianapolis Public Schools actually will lose money in the next two
years.

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DINING: (Piz)’Za made for the middle of the night

If you’re in Broad Ripple and hungry for pizza, you’ve got lots of options. But what do you do if it’s the
middle of the night on a Thursday and you and your entourage have the munchies? Well, for that very specific
demographic group of pizza eaters, there’s now ’Za, which is open until 4 a.m. Wednesday
to Saturday.

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LOU’S VIEWS: Here’s the best from International Film Fest

This year’s Indianapolis International Film Festival gets rolling later this usual, with a bump to summer precipitated
in part by the moving on of its founder to the Nashville Film Festival and in part by the move of most of the fest (minus
parties) to the Indianapolis Museum of Art. We’ve spent the last few weeks reviewing most of the
features in competition.

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Why don’t Bush bashers disgust you?

Bashing the president is a time-honored tradition in the United States going all the way back to George
Washington himself and honed to a fine point by the Jefferson/Adams exchanges.

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HICKS: Muncie’s status quo is high taxes, poor service

Property-tax caps, as well as a dwindling population and commercial base, have left Muncie in the uncomfortable
situation of cutting budgets. Since the bulk of costs are related to fire and police salaries, few options
are available. The city has turned to the short length of rope the Legislature offered amid the debate
on property tax caps—the Local Option Income Tax.

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INVESTING: High-frequency trading comes under scrutiny

A developing case of technology theft has shed light on the proprietary systems Goldman Sachs and other investment firms
use to make millions of dollars. A 39-year-old former employee at Goldman has been accused of stealing computer
code used in the company’s high-frequency trading system.

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Liberal journalism strikes again

What a disappointing [July 6 column by Chris Katterjohn]. You, like your other liberal, left-wing journalist pals, just
cannot stand it when anyone disagrees with your point of view.

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WILLIAMS: IPS needs leadership overhaul

The challenges facing Indianapolis Public Schools are daunting. The socioeconomic level of its students and their families,
fiscal constraints, and a necessary heightened focus on security issues are just a few, but all contribute to high dropout
rates, low academic achievement, achievement gaps between middle-class and low-income children and declining enrollment.

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MARCUS: If not taxes, how about user fees?

“Most people hate to pay taxes,” Gregory Goad said. “They don’t appreciate the services taxes support,
they don’t understand why taxes are necessary, or they don’t like to help people in need.”

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LOU’S VIEWS: Breaking with the past at Tut show

I entered "Tutankhamun: The Golden King and the Great Pharoahs" (at the Children’s Museum of Indianapolis through Oct. 25) with a limited knowledge of Egyptian history—and by limited, I mean loose threads picked up from a handful of Mummy movies, the Bible, and a few too many productions of "Joseph and the Amazing Technicolor Dreamcoat."

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HICKS: The gift of John Fisher went beyond business

It would be artless this week to write an article on economics and business in Indiana without remarking upon the passing of John Fisher. Much has been written about his legacy over this past week, so I will make do with an anecdote and a lesson I have learned from him.

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KATTERJOHN: Tut-tut, looks like parochialism

When prominent Egyptologist Zahi Hawass shared stories at a recent event about his personal meeting with President Obama,
my pride was momentarily dashed by the behavior of the people sitting at the next table.
When Hawass noted how impressed he was with our new president, these people became incredulous. They started snickering like
schoolchildren.

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VIEWPOINT: Discuss CEO pay in the open

While transparency is a stated goal of many corporations, deliberations regarding distribution of shareholder property
to executives are not subject to light of day or to review. Instead, decision-making is camouflaged by
thousands of words that appear substantial but disclose little.

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WellPoint salaries are ill-gotten

I own and manage a small business. WellPoint is our health insurance carrier. I have an employee, makes good money. He is in excellent health but he is diabetic. WellPoint won’t insure him!

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