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    • North Korea rocket breaks up soon after launch
      North Korea’s long-range rocket failed early Friday, U.S. officials said. The rocket broke up soon after taking off. “All indications are that it failed,” one official said but went on to say that they are still looking into it. The White House said it would issue a statement, NBC News reported. The launch, which North Korea’s neighbors […]
    • North Korea launches long-range missile
      North Korea launched a long-range rocket early Friday, U.S. officials confirmed. The White House said it would issue a statement, NBC News reported. The launch, which North Korea’s neighbors and the West say is a disguised ballistic missile test, will take a three-stage rocket over a sea separating the Korean peninsula from China before releasing […]
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    • Yahoo jumps on Alibaba deal talk May 18, 2012
      Shares in internet giant Yahoo rise 5% on reports that it is close to selling its valuable stake in Alibaba Group, the Chinese e-commerce company. […]
    • Facebook shares spike on debut May 18, 2012
      Facebook shares are trading flat at $38 on their stock market debut, having initially jumped to $42 within minutes of trade beginning. […]
    • LSE reveals strong profits rise May 18, 2012
      The London Stock Exchange bucks the economic turmoil to deliver a better-than-expected rise in annual profit. […]
    • VIDEO: EU 'taking all neccessary action' May 18, 2012
      EU Economic Commissioner Olli Rehn has said the eurozone is taking "all neccessary action in order to overcome" the debt crisis. […]
    • Euro fears on the streets of Spain May 18, 2012
      Spain, feeling fragile, looks to Germany for help […]
    • Market jitters over eurozone woes May 18, 2012
      European markets suffer a nervous session with investors unsettled by a downgrade for Spanish banks and the political crisis in Greece. […]
    • Ticketus contract 'terminated' May 18, 2012
      Charles Green says administrators at Rangers have told Ticketus they are terminating its contract over future ticket sales. […]
    • EU 'plans for Greek exit option' May 18, 2012
      The EU Commission and European Central Bank are making contingency plans for a possible Greek exit from the euro, an EU commissioner says. […]
    • VIDEO: From prison to Belfast distillery May 18, 2012
      A notorious Belfast prison that held IRA inmates during the worst of the city's sectarian troubles is to be transformed into a whiskey distillery. […]
    • JP Morgan boss to testify in US May 18, 2012
      JP Morgan chairman and chief executive Jamie Dimon will appear before a Senate committee to explain the bank's $2bn trading loss on a failed hedging strategy. […]

Archive for the "Indiana Politics" Category

Lilly To Market Doggy Prozac

Reconcile, a chewable version of Eli Lilly’s anti-depressant medication Prozac, has been approved for distribution by the FDA and will soon be on the market. The drug’s purpose is to help allay canine separation anxiety. It will compete with Novartis AG’s Clomicalm. So this is the end product of Big Pharma’s insistence on keeping drug [...]

Selling Government

The U.S. government is selling it’s responsibilities to the highest bidder. If this does not particularly surprise or bother you. When the largest federal contractor, Lockheed Martin, gets more government money per year than the Departments of Justice or Energy, when the cost in pay and benefits for a contractor is double that for a [...]

BMV On The Move

In a 7-5 vote, the House Roads and Transportation Committee sent HB1262, authored by Scott Pelath, D-Michigan City, to the House floor. The bill would transfer control of the Bureau of Motor Vehicles from the governor’s office to the Secretary of State. Pelath believes that the change will force public accountability. He also thinks that [...]

Indiana 3rd In Black Slayings

Trailing only Pennsylvania and devastated Louisiana, Indiana ranked 3rd in >black homicides in 2006 at 29.3 per 100,000 residents. The national rate for black homicides was 18.71, and the overall rate was 4.86. The vast majority were killed with handguns. The Violence Policy Center, which commissioned the study, called the trend “disproportionate, disturbing, and undeniable.”

Know Thy Holocaust

House Bill 1059, introduced by Clyde Kersey, D-Terre Haute, requires that all public schools instruct students about the Holocaust, in which 6 million Jews were murdered by the Nazis during WWII. “I’m a firm believer,” said Kersey, “in the idea that if you don’t learn the lessons of history, you are bound to repeat them.” [...]

Almost Definite

Senate Minority Leader Richard Young, D-Milltown, filed his exploratory committee papers for the 2008 Indiana Governor’s race this morning. He is considered a dark horse for the office. Former first Lady Judy O’Bannon is the chairwoman of his campaign, giving him some well-known support. Young officially becomes the first nearly-official candidate in the race.

Guv Holds Customer Service Seminar

Mitch Daniels sent about 60 top state managers from 12 different agencies to customer service school yesterday. The Governor told attendees that state agencies have an added burden of customer satisfaction because those customers have no alternative vendor to government services. I cannot disagree with Mitch on this issue, but it seems that those managers [...]

House Passes Earmark Rule

The U.S. House of Representatives voted Friday to make the process of “earmarking” more accountable . The rule requires that legislators attach their names to these pet spending projects and attest that they have no financial interest in them. It is hoped that this measure will help prevent corruption such as sale of earmarks to [...]

C of C Opposes Minimum Wage Hike

What a shocker. The Indiana Chamber of Commerce is against raising the State’s >minimum wage above $5.15/hr. They would rather see citizens increase their skills by giving tax credits to employers for training. Since most Hoosiers work in the service industry, I must wonder just what skills those workers could possibly increase in return for [...]

Indianapolis: Freeze Or Pay Big For Clean Air

Tuesday, the City of Indianapolis advised residents to “avoid using wood stoves or wood-burning fire places” as a way to help combat air pollution. Yesterday, after a storm of protest, the term “avoid” was changed to “reduce.” It seems entirely possible to me that the greater cause of pollution in Indy are the extremely low [...]

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