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	<title>Comments on: Lilly Payback</title>
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	<link>http://www.indianabarrister.com/archives/2009/09/lilly_payback.html</link>
	<description>Indiana Barrister is the source for local Indianapolis and Indiana news, politics and commentary.</description>
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		<title>By: Capitol Watchblog &#187; Archive &#187; Premature Adulation?</title>
		<link>http://www.indianabarrister.com/archives/2009/09/lilly_payback.html/comment-page-1#comment-29601</link>
		<dc:creator>Capitol Watchblog &#187; Archive &#187; Premature Adulation?</dc:creator>
		<pubDate>Thu, 10 Dec 2009 17:38:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.indianabarrister.com/?p=2699#comment-29601</guid>
		<description>[...] himself into the 2011 Mayor&#8217;s race right now.  Especially since Lily is potentially on the hook to give back possibly millions of dollars in tax incentives  to the city for jobs that were [...]</description>
		<content:encoded><![CDATA[<p>[...] himself into the 2011 Mayor&#8217;s race right now.  Especially since Lily is potentially on the hook to give back possibly millions of dollars in tax incentives  to the city for jobs that were [...]</p>
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		<title>By: Premature Adulation? &#124; Indiana Barrister</title>
		<link>http://www.indianabarrister.com/archives/2009/09/lilly_payback.html/comment-page-1#comment-29598</link>
		<dc:creator>Premature Adulation? &#124; Indiana Barrister</dc:creator>
		<pubDate>Thu, 10 Dec 2009 17:33:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.indianabarrister.com/?p=2699#comment-29598</guid>
		<description>[...] himself into the 2011 Mayor&#8217;s race right now.  Especially since Lily is potentially on the hook to give back possibly millions of dollars in tax incentives  to the city for jobs that were [...]</description>
		<content:encoded><![CDATA[<p>[...] himself into the 2011 Mayor&#8217;s race right now.  Especially since Lily is potentially on the hook to give back possibly millions of dollars in tax incentives  to the city for jobs that were [...]</p>
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		<title>By: A Little Gossip, A Little Chat, A Little Idle Talk of This and That &#124; Indiana Barrister</title>
		<link>http://www.indianabarrister.com/archives/2009/09/lilly_payback.html/comment-page-1#comment-28076</link>
		<dc:creator>A Little Gossip, A Little Chat, A Little Idle Talk of This and That &#124; Indiana Barrister</dc:creator>
		<pubDate>Sun, 18 Oct 2009 14:22:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.indianabarrister.com/?p=2699#comment-28076</guid>
		<description>[...] how I told you a while back that Eli Lilly may lose some of its tax abatements because it is laying off employees.   Well I&#8217;m hearing [...]</description>
		<content:encoded><![CDATA[<p>[...] how I told you a while back that Eli Lilly may lose some of its tax abatements because it is laying off employees.   Well I&#8217;m hearing [...]</p>
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		<title>By: guest</title>
		<link>http://www.indianabarrister.com/archives/2009/09/lilly_payback.html/comment-page-1#comment-30446</link>
		<dc:creator>guest</dc:creator>
		<pubDate>Tue, 22 Sep 2009 00:52:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.indianabarrister.com/?p=2699#comment-30446</guid>
		<description>Hey Indy4U2C  are you talking about Peterson or Daniels???</description>
		<content:encoded><![CDATA[<p>Hey Indy4U2C  are you talking about Peterson or Daniels???</p>
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		<title>By: guest</title>
		<link>http://www.indianabarrister.com/archives/2009/09/lilly_payback.html/comment-page-1#comment-27161</link>
		<dc:creator>guest</dc:creator>
		<pubDate>Mon, 21 Sep 2009 19:52:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.indianabarrister.com/?p=2699#comment-27161</guid>
		<description>Hey Indy4U2C  are you talking about Peterson or Daniels???</description>
		<content:encoded><![CDATA[<p>Hey Indy4U2C  are you talking about Peterson or Daniels???</p>
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		<title>By: guest</title>
		<link>http://www.indianabarrister.com/archives/2009/09/lilly_payback.html/comment-page-1#comment-27125</link>
		<dc:creator>guest</dc:creator>
		<pubDate>Mon, 21 Sep 2009 00:39:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.indianabarrister.com/?p=2699#comment-27125</guid>
		<description>Someone needs to review Mitchs record in light of Lilly going south.&lt;br&gt;&lt;br&gt;First, Mitch was Director (architect)director of the Office of Management and Budget (OMB). He served as Director from January 2001 through June 2003. In this role he was also a member of the National Security Council and the Homeland Security Council.&lt;br&gt;&lt;br&gt;Daniels came under fire for overseeing a $236 billion annual surplus turn into a $400 billion deficit during his 29-month tenure. &lt;br&gt;&lt;br&gt;In 2002, Daniels helped discredit a report by Assistant to the President on Economic Policy Lawrence B. Lindsey estimating the cost of the Iraq War at between $100–$200 billion. Daniels called this estimate &quot;very, very high&quot; and stated that the costs would be between $50–$60 billion.&lt;br&gt;&lt;br&gt;Mitch left us in a mess.&lt;br&gt;&lt;br&gt;But this is only the beginning.  Mitch was also the President of the Hudson Institute, a conservative thinktank based in Indianapolis, from from 1987 to 1990.  Since that time, Hudson, due to financial reasons, closed their headquarters in Indianapolis and currently downsized their operation to the DC area. Mitch left a mess.&lt;br&gt;&lt;br&gt;Then there was the IPL issue.  In January 2001, upon his appointment as Director of federal Office of Management and Budget, Daniels resigned as a member of the board of Indianapolis Power &amp; Light Co. and sold the $1.45 million he held in company stock. Later, that year, Indianapolis Power &amp; Light Co. was bought by Virginia-based AES Corp. Daniels was a member of the IPALCO board of directors at the time of the transaction in early 2001. Just before the sale was completed, Daniels sold his shares in IPALCO for $1.45 million. &lt;br&gt;Over the course of the next year, IPALCO shares plummeted from nearly $50 a share to under $1. Employees lost an estimated $179 million in the devaluation of the 401(k)-styled &quot;Thrift Plan&quot; that the employees were encouraged to invest in. Once again, Daniels left a mess.  &lt;br&gt;&lt;br&gt;Then there is Lilly. From 1993 until 1997, Daniels was President of North American operations, and promoted to Senior Vice President for Corporate Strategy and Policy at Eli Lilly in 1997 where he served until leaving the company in 2001. During that time, Daniels carved $1.5 billion tax credit for Lilly if Lilly could/would hire 2000.  Lilly this week stated that they would be cutting 5,000jobs (&lt;a href=&quot;http://www.indystar.com/article/20090920/BUSINESS/909200389/In+Lilly+s+pipeline++Profit+or+Peril?&quot; rel=&quot;nofollow&quot;&gt;http://www.indystar.com/article/20090920/BUSINE...&lt;/a&gt;)&lt;br&gt;Mitch left a mess.&lt;br&gt;&lt;br&gt;Then there is Govenor Mitch.  First, he sold the toll roads (in order to balance the state budget) to a private Australian-Spanish (buy American) for $3.8 billion. It appears that the company has filed for Chapter 11/7/13.  &lt;br&gt;Additionally, a state youth program that serves 5,000+ youth in Indianapolis known as Youth Emergency Services, will be closing there doors along with 40 employees due to the fact that there was no funding in the amount of $1.5 million.  Then there is the property tax fiasco.  Mitch imposed property tax caps which has resulted in a drastic reduction in public school education funding.  So much in fact, most schools are slashing teaching positions, afterschool programs and school renovations.  In the meantime, several school districts have filed suit against the state. Have we mentioned the Capital Improvement Board?? Mitch has failed to fund roughly $33 million for operations of Lucas Oil Stadium/Convention Center/Conseco Fieldhouse after taking the lead in the funding.  He even refuses efforts to fund it specifically, casinos in Indianapolis.    Once again, Mitch left a mess.</description>
		<content:encoded><![CDATA[<p>Someone needs to review Mitchs record in light of Lilly going south.</p>
<p>First, Mitch was Director (architect)director of the Office of Management and Budget (OMB). He served as Director from January 2001 through June 2003. In this role he was also a member of the National Security Council and the Homeland Security Council.</p>
<p>Daniels came under fire for overseeing a $236 billion annual surplus turn into a $400 billion deficit during his 29-month tenure. </p>
<p>In 2002, Daniels helped discredit a report by Assistant to the President on Economic Policy Lawrence B. Lindsey estimating the cost of the Iraq War at between $100–$200 billion. Daniels called this estimate &#8220;very, very high&#8221; and stated that the costs would be between $50–$60 billion.</p>
<p>Mitch left us in a mess.</p>
<p>But this is only the beginning.  Mitch was also the President of the Hudson Institute, a conservative thinktank based in Indianapolis, from from 1987 to 1990.  Since that time, Hudson, due to financial reasons, closed their headquarters in Indianapolis and currently downsized their operation to the DC area. Mitch left a mess.</p>
<p>Then there was the IPL issue.  In January 2001, upon his appointment as Director of federal Office of Management and Budget, Daniels resigned as a member of the board of Indianapolis Power &#038; Light Co. and sold the $1.45 million he held in company stock. Later, that year, Indianapolis Power &#038; Light Co. was bought by Virginia-based AES Corp. Daniels was a member of the IPALCO board of directors at the time of the transaction in early 2001. Just before the sale was completed, Daniels sold his shares in IPALCO for $1.45 million. <br />Over the course of the next year, IPALCO shares plummeted from nearly $50 a share to under $1. Employees lost an estimated $179 million in the devaluation of the 401(k)-styled &#8220;Thrift Plan&#8221; that the employees were encouraged to invest in. Once again, Daniels left a mess.  </p>
<p>Then there is Lilly. From 1993 until 1997, Daniels was President of North American operations, and promoted to Senior Vice President for Corporate Strategy and Policy at Eli Lilly in 1997 where he served until leaving the company in 2001. During that time, Daniels carved $1.5 billion tax credit for Lilly if Lilly could/would hire 2000.  Lilly this week stated that they would be cutting 5,000jobs (<a href="http://www.indystar.com/article/20090920/BUSINESS/909200389/In+Lilly+s+pipeline++Profit+or+Peril?" rel="nofollow"></a><a href="http://www.indystar.com/article/20090920/BUSINE.." rel="nofollow">http://www.indystar.com/article/20090920/BUSINE..</a>.)<br />Mitch left a mess.</p>
<p>Then there is Govenor Mitch.  First, he sold the toll roads (in order to balance the state budget) to a private Australian-Spanish (buy American) for $3.8 billion. It appears that the company has filed for Chapter 11/7/13.  <br />Additionally, a state youth program that serves 5,000+ youth in Indianapolis known as Youth Emergency Services, will be closing there doors along with 40 employees due to the fact that there was no funding in the amount of $1.5 million.  Then there is the property tax fiasco.  Mitch imposed property tax caps which has resulted in a drastic reduction in public school education funding.  So much in fact, most schools are slashing teaching positions, afterschool programs and school renovations.  In the meantime, several school districts have filed suit against the state. Have we mentioned the Capital Improvement Board?? Mitch has failed to fund roughly $33 million for operations of Lucas Oil Stadium/Convention Center/Conseco Fieldhouse after taking the lead in the funding.  He even refuses efforts to fund it specifically, casinos in Indianapolis.    Once again, Mitch left a mess.</p>
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		<title>By: varangianguard</title>
		<link>http://www.indianabarrister.com/archives/2009/09/lilly_payback.html/comment-page-1#comment-27015</link>
		<dc:creator>varangianguard</dc:creator>
		<pubDate>Thu, 17 Sep 2009 10:33:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.indianabarrister.com/?p=2699#comment-27015</guid>
		<description>I&#039;d prefer Olgen Williams to a Don Rumsfeld wanna-be any day of the week. Maybe, we are talking about two different people?&lt;br&gt;.&lt;br&gt;For the one I speak of, there is no reason to allow rude, demeaning, grudge holders to be so close to the top. And that, beyond the evasive, self-serving, and &quot;pigeon&quot;-style management skills that seem worthless for the money being paid out, whether in salary or in self-approved ancillary contracts.&lt;br&gt;&lt;br&gt;What is &quot;pigeon&quot;-style managment? Flies into a job on the recommendation of someone who is trying to get rid of him, &quot;poops&quot; all over everything in sight, adds more fluff to their résumé (like, oh say, &quot;I saved the company $20K by changing coffee vendors -to one run by a pal of mine, who uses inferior coffee, after all, it&#039;s just for the hourly employees), then flies off to repeat the process again, [i]ad nauseum[/i].</description>
		<content:encoded><![CDATA[<p>I&#39;d prefer Olgen Williams to a Don Rumsfeld wanna-be any day of the week. Maybe, we are talking about two different people?<br />.<br />For the one I speak of, there is no reason to allow rude, demeaning, grudge holders to be so close to the top. And that, beyond the evasive, self-serving, and &#8220;pigeon&#8221;-style management skills that seem worthless for the money being paid out, whether in salary or in self-approved ancillary contracts.</p>
<p>What is &#8220;pigeon&#8221;-style managment? Flies into a job on the recommendation of someone who is trying to get rid of him, &#8220;poops&#8221; all over everything in sight, adds more fluff to their résumé (like, oh say, &#8220;I saved the company $20K by changing coffee vendors -to one run by a pal of mine, who uses inferior coffee, after all, it&#39;s just for the hourly employees), then flies off to repeat the process again, [i]ad nauseum[/i].</p>
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		<title>By: IndyErnie</title>
		<link>http://www.indianabarrister.com/archives/2009/09/lilly_payback.html/comment-page-1#comment-27007</link>
		<dc:creator>IndyErnie</dc:creator>
		<pubDate>Thu, 17 Sep 2009 00:39:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.indianabarrister.com/?p=2699#comment-27007</guid>
		<description>What the hell happened here...Oh well maybe Paul will get the point if he reads it three times.</description>
		<content:encoded><![CDATA[<p>What the hell happened here&#8230;Oh well maybe Paul will get the point if he reads it three times.</p>
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		<title>By: IndyErnie</title>
		<link>http://www.indianabarrister.com/archives/2009/09/lilly_payback.html/comment-page-1#comment-27006</link>
		<dc:creator>IndyErnie</dc:creator>
		<pubDate>Thu, 17 Sep 2009 00:37:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.indianabarrister.com/?p=2699#comment-27006</guid>
		<description>Paul just as you are a man of good character so is Mayor Ballard. I understand some of the democrat ignorant and unjust snipes toward Ballard but I don’t understand yours.&lt;br&gt;As a republican who is very active in the party I find your criticism of Ballard appalling. You accomplish nothing by trashing Ballard except alienating your fellow republicans. It’s time to put it to rest.</description>
		<content:encoded><![CDATA[<p>Paul just as you are a man of good character so is Mayor Ballard. I understand some of the democrat ignorant and unjust snipes toward Ballard but I don’t understand yours.<br />As a republican who is very active in the party I find your criticism of Ballard appalling. You accomplish nothing by trashing Ballard except alienating your fellow republicans. It’s time to put it to rest.</p>
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		<title>By: IndyErnie</title>
		<link>http://www.indianabarrister.com/archives/2009/09/lilly_payback.html/comment-page-1#comment-27005</link>
		<dc:creator>IndyErnie</dc:creator>
		<pubDate>Thu, 17 Sep 2009 00:34:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.indianabarrister.com/?p=2699#comment-27005</guid>
		<description>Paul just as you are a man of good character so is Mayor Ballard. I understand some of the democrat ignorant and unjust snipes toward Ballard but I don’t understand yours.&lt;br&gt;As a republican who is very active in the party I find your criticism of Ballard appalling. You accomplish nothing by trashing Ballard except alienating your fellow republicans. It’s time to put it to rest.</description>
		<content:encoded><![CDATA[<p>Paul just as you are a man of good character so is Mayor Ballard. I understand some of the democrat ignorant and unjust snipes toward Ballard but I don’t understand yours.<br />As a republican who is very active in the party I find your criticism of Ballard appalling. You accomplish nothing by trashing Ballard except alienating your fellow republicans. It’s time to put it to rest.</p>
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