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Source: http://video.msnbc.msn.com/cnbc/48013647/
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Saturday, June 30, 2012
The Reformers' ?Fight Club? ? Diane Ravitch's blog
Back when I was on the right side of the political fence, I was on the editorial board at Education Next. It is supported by the Hoover Institution and the Thomas B. Fordham Institute, both conservative think tanks with which I was affiliated. The journal, which is based at Harvard and edited mainly by Paul Peterson, was created to counter what was seen as the liberal bias of the mainstream education media.
Education Next is a well-edited journal (I used to write a monthly book review there), but it does have a strong bias in favor of charter schools, vouchers, and testing. It is the journal of the corporate reform movement.
The current issue of Education Next has a fascinating article about the ?reformers? fight club.? I have been writing and speaking about the interconnections among these organizations (and there are many more), and it is good to see confirmation of what I have been saying.
For some reason, these incredibly rich and powerful organizations like to portray themselves as underdogs in contrast to the teachers? unions.
So, get this picture: On one side are the 3.2 million teachers who belong to the NEA and the AFT. On the other side are the Gates Foundation ($60 billion), the Broad Foundation (billions), the Walton Foundation (billions, and spent $159 million this past year alone on education grants), the Dell Foundation, big corporations, Democrats for Education Reform (Wall Street hedge fund managers who can pump millions into political campaigns at will), and 50CAN (more hedge fund managers). And there are supposedly ?liberal? advocacy groups like Education Trust and Ed Sector.
Gosh, that is surely an unequal lineup. No wonder the ?fight club? feels like underdogs. Those teachers? unions are just so doggone powerful and rich. Why, they have the big foundations and Wall Street trembling. Who knew that teachers had so much power?
Diane
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Source: http://dianeravitch.net/2012/06/29/the-reformers-fight-club/
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Microsoft plan expansive music streaming service to rival Spotify, iTunes
Microsoft is reportedly planning an expansive Xbox music screaming feature similar to iTunes and Spotify.
As reported by Bloomberg, Microsoft is in talks with Universal Music Group, Warner Music Group, Sony, and EMI.
The streaming option would be available on a monthly or annual basis, while saved content would be available via the cloud on various devices, Bloomberg said.
Microsoft announced plans for a new Xbox 360 music service at the E3 conference earlier this month, but released few details about what that service would entail. Bloomberg said the company had not yet secured label deals.
On its Zune website, Microsoft said it will be "using our expertise from Zune to launch a brand-new music service under the Xbox Music brand, [which] will bring you a world-class music library, and great new ways to enjoy, share and discover new music."
Microsoft retired the Zune last year. Xbox Music will be available on Xbox 360, Windows Phones, and Windows 8 powered PCs and tablets, which are expected to debut in the autumn - further insight into the exciting new OS can be found across ITProPortal, including a?first-hand report from the TechEd Europe events?we attended in Amsterdam earlier this week.
A Microsoft spokeswoman declined to comment on the report.
Rumours of a music service began circulating earlier this year.
Published under license from Ziff Davis, Inc., New York, All rights reserved.
Copyright ? 2012 Ziff Davis, Inc
Source: http://feeds.itproportal.com/~r/itproportal/rss/~3/Kn4fiJYNCog/
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Futures rally following decisive call in Europe
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Source: http://news.yahoo.com/futures-rally-following-decisive-call-europe-121802954--finance.html
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Friday, June 29, 2012
You?re 37% More Likely To Date Someone If You?ve Got Facebook Friends In Common
"Oh you know Johnny? Then let's get naughty." Whether it's for one night or forever, we're more likely to choose mates who have Facebook friends in common with us. This comes according to a new study by Coffee Meets Bagel, a startup that shows you a suggestion of someone to date each day and connects you if you both fancy each other. Out of Coffee Meets Bagel's 44,000 matches, people with mutual friends are 37.2% more likely to both give each other the thumbs up. Women are much more influenced by the mutual friends effect. And there's even a magic number of acquaintances in common that makes you 90% more likely to want to get frisky...Source: http://feedproxy.google.com/~r/Techcrunch/~3/cZzRRzVKTi4/
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What Is A Domain Name? | www ... - Online Success Path
I?ll share with you information about a domain name ? what it is, how to choose a domain name, and where to get one.? A domain is one of the required elements of a website.
A domain name is the address of a website ? such as yoursite.com ? it?s like a house address and represents the address of your home on the World Wide Web.? Your domain name is the way in which people can find your website.? For example, the domain of the site you are on right now is onlinesuccesspath.com.
The Internet will automatically assume it needs to add http:// in front of a domain name that you type into a browser.? So when you type in www. followed by a domain name, you may notice that your web browser displays it as http://www.yoursite.com.? You don?t have to literally type in the http://, as the browser will insert that by default.
Either way, whether you see this automatically included in your web browser or not, whatever browser you are using (such as Firefox or Internet Explorer) will assume the protocol is http:// followed by the www address you have typed in.? You simply type in www. followed by the site name you want to view.
Http stands for Hypter Text Transfer Protocol, and it is the way in which browsers and web servers exchange data, allowing you to surf the web and find what you are looking for.
URL stands for ?Uniform Resource Locator.? In the example above, we see the home page of the website as www.yoursitename.com.??The domain is yoursitename.com.? We also see a folder called ?articles? which is being used to house articles for that site.? We see a gardening article from the ?articles? folder called gardening.html.
HTML stands for Hyper Text Markup Language.? This is simply computer code.? It?s the language used to write content on the Web.? But not to worry ? as we get into web editors, you?ll see how your editor will take care of the special coding for you.? So there won?t be a lot that you?ll have to know about this computer language when you get ready to build your website pages.
A URL consists of various sections (including the domain name) that, when combined, will point to a specific page of a website. Obviously, there will be more than just a home page with the domain name for a website ? unless one is simply using a one-page website, also referred to as a squeeze page.
A website can consist of as many pages as your hosting account will support in terms of the web space that your combined pages utilize.? In today?s times, even a small hosting package will almost always support as many pages as you need.
Here are just a few types of domain name extensions ? but keep in mind that for business purposes, you can?t go wrong with a .com extension.? The reason is that it?s the first extension that comes to mind when people type in a domain in their web browser.
.com ? Stands for ?commercial? and is the most widely used extension.? Businesses generally prefer a .com domain because it?s the most highly recognized symbol for an online presence.
.net ? Stands for ?network? and is commonly used by Internet service providers, web hosting companies, or other businesses that are involved in the infrastructure of the Internet.? Some businesses may choose this extension for intranet websites.
.org ? Stands for ?organization? and is primary used by non-profit organizations.
.biz ? Stands for ?business? and is used for small business sites in some cases (However, the .com choice is still the preferred option for a business, regardless of the size of that business.)
.info ? Stands for ?information? and is used for credible resources on the web which provide information.
.tv ? Stands for ?television? and is used in the entertainment or media industries.
.edu ? Stands for ?education? and is limited to educational institutions such as colleges and universities or other accredited schools.
.gov ? Stands for ?government? and is limited to government agencies in the U.S.
You can explore other domain extensions at Wikipedia.
In the next post, I?ll cover tips for choosing a domain name . . . followed by how to purchase your domain.
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Thursday, June 28, 2012
News Corp board approves company split: source
(Reuters) - The board of News Corp approved in principle splitting the $60 billion media conglomerate into separate publishing and entertainment businesses, a person familiar with the situation said on Thursday.
News Corp's board, overseen by 81-year-old chairman Rupert Murdoch, met on Wednesday and an announcement was expected later on Thursday on the decision to create two publicly traded companies, the source said, confirming a report in the Wall Street Journal.
Ever unpredictable, Murdoch, after years of resisting calls by some large shareholders to spin out or sell off the company's slow-growth - and in some cases, loss-making - newspapers, decided to propose the move rather suddenly.
Details on the management structure are still to be resolved and formal approval by the board is still needed. The process is expected to take about a year, said the source, who did not want to be named as the decision had still to be made public.
Pressure on News Corp to get rid of the newspaper business was ramped up after a phone hacking scandal tainted its British titles and forced the company to drop its proposed acquisition of pay-TV group BSkyB.
"As recently as a month ago he (Murdoch) was still saying no way would he do this," said one News Corp insider with knowledge of the internal conversations.
The Wall Street Journal, owned by News Corp, earlier said one company will hold the entertainment businesses like 20th Century Fox, Fox broadcast network and Fox News Channel, while the other will hold the publishing assets, which include The Times, The Australian, and HarperCollins book publishing.
In a brief statement on Tuesday, News Corp said only that it was "considering" splitting the company. According to people familiar with the matter, News Corp has already enlisted investment banks JP Morgan, Goldman Sachs and Centerview to advise on a process.
Wednesday's board meeting lasted about an hour and a half and many details, such as who will run the publishing business, have yet to be resolved, the Wall Street Journal said.
News Corp spokesmen in New York and Sydney were not immediately available to comment on whether the split had been approved.
The board, long criticized for being dominated by the Murdochs or beholden to them, had been expected to approve the split. It was not immediately clear if it will be put to a shareholder vote. If it is, Murdoch controls just under 40 percent of the vote and would likely have no problem getting the extra 10 percent needed.
The process of separating the company's broadcast, cable and film assets from its publishing and education operations stands to be complicated by issues such as regulatory and tax implications and could take up to a year to complete.
The film and television businesses generated revenues of $23.5 billion in the year to June 2011, dwarfing the publishing unit's $8.8 billion. Publishing, including integrated marketing services, accounts for around 7 percent of News Corp's enterprise value, according to analysts at Barclays Capital. It estimates that publishing represents 24 percent of revenues and around 11 percent of operating income.
Analysts estimate an independent publishing division would generate about $1.3 billion in EBITDA at a multiple valuation of 6 times, or $3.25 per share. They expect a standalone entertainment unit to be valued at $52 billion, or $23 per share, based on an 8 times cash flow multiple.
JOCKEYING FOR TOP JOBS
The most speculation revolves around how Murdoch handles the reassigning of his top executives, including his three adult children associated with the company.
With a split between the struggling publishing business and its much larger, faster-growing entertainment business, the majority of the big names are anticipated to jockey for key roles on the entertainment side.
Chase Carey, News Corp's current No. 2, is widely seen as the likely CEO designate for the entertainment business. Liz Murdoch and James Murdoch are expected to report to him. That could raise questions about the current heads of the Fox TV business, Peter Rice and Kevin Reilly.
Less clear is who would run the publishing business. One obvious candidate is Joel Klein, the former New York City chancellor for education, who joined News Corp last year to run its new education business, which so far consists only of Wireless Generation, a digital company for schools. Murdoch's eldest son, Lachlan, a former New York Post publisher and currently a director, is another prospect.
Canaccord Genuity Inc analyst Thomas Eagan believes News Corp stock has room to rise even with an 11 percent gain since news of the split plans broke on Tuesday. "News Corp is still trading below its peers at 6.5 times EBITDA, even after you take out the publishing business and the expected litigation costs," he said.
News Corp's Australian-listed shares jumped more than 3.5 percent to a 4-year high of A$22.29 on Thursday.
(Reporting by Yinka Adegoke; Additional reporting by Sonali Paul; Editing by Peter Lauria, Prudence Crowther and Ian Geoghegan)
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Wednesday, June 27, 2012
Classic Revealed: Is the 1969 Citroen DS 21 the most beautiful car ...
Here a short list just some of the unique features that 1969 Citroen DS 21 helped pioneer:
Adjustable and self-leveling suspension that allows the car to drive on only three wheels an can raise and lower the car from 3 to 14 inches
- Headlights that steer up to 80 degrees
- Aerodynamic futuristic body design
- Hydraulic suspension, clutch and even transmission
This just a short list of features that make the Citroen DS such iconic car. In fact many would say the Citroen DS features the world?s most influential auto design. It was named the most beautiful car of all time by the prestigious Classic and Sports car Magazine.
Check out the this video as we show you what makes the 1969 Citroen DS 21 such an iconic car.
Duration : 0:5:55
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Tuesday, June 26, 2012
Drug pipelines improving after years in doldrums
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Sony Xperia Neo L peels back the covers for FCC
Remember that low-end Xperia handset that surfaced earlier this month with a one-way ticket to China? Well that 4-inch ICS device, the Neo L, has just made its many assets known for the folks at the FCC, stripping down to its internal skivvies and leaving nothing to the (lawyer's) imagination. There aren't any surprises here -- no LTE or AWS support, but it does sport radios for EDGE / GPRS (850MHz, 1900MHz), GSM (850MHz, 900MHz, 1800MHz, 1900MHz) and WCDMA (900MHz, 2100MHz). So, the good news is that if you have your eye on this Sony-made Android lightweight, then it should play nice with 3G on AT&T and limited 4G on T-Mobile. Whether it'll ever officially joins those carriers lineups remains to be seen, but don't let a little thing like that stop you from importing away. Hit up the source to trawl the mobile dissection at your leisure.
Sony Xperia Neo L peels back the covers for FCC originally appeared on Engadget on Tue, 26 Jun 2012 17:59:00 EDT. Please see our terms for use of feeds.
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Parents' work-life stress hinders healthy eating
Monday, June 25, 2012
In a tight economy, with fewer jobs, many people end up working harder and sacrificing more to stay employed. A new study finds that one of those sacrifices is sometimes their own and their family's nutrition.
While prior studies have implicated working mothers in providing less healthy family food environments, this is one of the first studies of family nutrition to look at fathers ? in particular a population of urban fathers, who face higher rates of unemployment and under-employment. According to lead author Katherine Bauer, an assistant professor of public health and researcher at Temple's Center for Obesity Research and Education, the study is also one of the first to look at work/family conflict for both parents and to focus on families of adolescents.
Of the 3,709 parents of adolescents surveyed by the researchers ? many of whom were from a racial or ethnic minority group and lower income ? only 64 percent of fathers and 46 percent of mothers were employed full-time.
Mothers employed full-time "reported fewer family meals, more frequent fast food for family meals, less frequent encouragement of their adolescents' healthful eating, lower fruit and vegetable intake and less time spent on food preparation, compared to part-time and not-employed mothers," said Bauer. Meanwhile, the only difference among fathers by employment status was that full-time employed fathers reported significantly fewer hours of food preparation than part-time or not working fathers. However, regardless of employment status, mothers were spending more hours on food preparation than fathers.
When looking at the role of work-life stress, for both moms and dads greater stress levels appeared to interfere with healthful eating opportunities. For example, parents experiencing high levels of work-life stress reported having one and a half fewer family meals per week and eating half a serving less of fruits and vegetables per day, as compared to parents with low levels of work-life stress.
Bauer noted that over time these differences can add up to have a big impact on parents' and children's health. She's careful to note, however, that the burden of this problem not fall solely on mothers, and instead be approached holistically by the whole family, the community and society.
"Our work underlined the need to take into account the competing pressures that so many families ? especially those that are lower income ? are experiencing," said Bauer. "There's a great need to help parents find realistic and sustainable ways to feed their families more healthfully while taking into consideration all of the stresses on parents these days."
She suggests that spouses, partners and teenagers chip in to help with grocery shopping and preparing and serving healthy family meals.
"We need to teach kids how to cook," said Bauer. "We know if kids have cooking skills and good eating habits, not only will they be healthier, but as adults they'll put those skills to use to feed their own children more healthfully."
"Parental employment and work-family stress: Associations with family food environments" was recently published online in Social Science and Medicine. The study was funded by the National Institutes of Health.
###
Temple University: http://www.temple.edu
Thanks to Temple University for this article.
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Monday, June 25, 2012
Mets find farm upstate for famous prank chicken
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Denver officer shot, killed near park concert
DENVER (AP) ? A Denver police officer trying to break up a confrontation was shot and killed Sunday at a city park where hundreds of families had gathered for a free weekly jazz concert before gunfire erupted and sent hundreds fleeing.
The officer, who was shot in the head, was taken to a hospital where she was pronounced dead, police spokesman Sonny Jackson said. Police were searching for a suspect in what Jackson described as an isolated incident.
At least three shots were fired shortly after the jazz band playing on a lake-side pavilion stage finished, sending waves of people running through park grounds where some concert goers who were initially unaware of the shooting remained seated on picnic blankets and lawn chairs.
More than 1,000 people were at the City Park Jazz concert, the fourth of 10 shows scheduled for this summer in the annual series that draws families and people of all backgrounds to one of the city's more popular summer events. The mayor said late Sunday that the concerts should continue.
"We will not surrender what we consider special in this city to anyone," Denver Mayor Michael Hancock said.
Nakira Doss, a jazz singer herself, said she hopes the series continues. The 28-year-old mother was at the show Sunday and sitting near the stage with her children, ages 4, 5 and 7, when she heard at least two shots. As people ran past, she said told her children to "get on the ground" and then she laid herself over them.
"I'm trying to show them music, but at what cost," she said, nodding toward her own children.
City Park is one Denver's most famous and sprawls across several hundred acres east of downtown. It holds the Denver Zoo, Museum of Nature and Science, as well as ponds, trails and recreational fields.
After shots rang out, scores of people ran from the northwest side of the pond and stage area, confusing crowds on the south side of the pond who were still lingering over conversation and picnics in lawn chairs and blankets. Someone announced from a loudspeaker on stage that the park was closed and told park goers to leave from the south side.
Nakira Doss, 28, was sitting near the stage when she heard at least two shots. She said she covered her three children, ages 7, 5 and 4, as other concertgoers ran past.
Samuel Bell, 19, of Denver, said he was in the parking lot looking for a space for his scooter, which police later cordoned off with yellow tape. He said he heard several shots.
"We just arrived at the park. It was crowded, it was looking fun," Bell said. "And then 'pa- pa-pa-pa' outta nowhere.
"We just ducked," Bell said. "We pulled off in enough time to get away. It was crazy."
He said he saw police officers administering CPR. He estimated he was about 10 to 20 feet away from where the officer was shot.
___
Associated Press Writers Rema Rahman and Thomas Peipert contributed to this report.
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Saturday, June 23, 2012
Post-tax hike, Illinois weathers attempts to poach jobs
SPRINGFIELD -- When Illinois legislators approved increasing the income tax in January 2011, a couple of neighboring governors wasted no time trying to take advantage.
Indiana Gov. Mitch Daniels and Wisconsin Gov. Scott Walker shed a few crocodile tears, bought billboard and newspaper ads urging Illinois businesses to flee and barnstormed the airways to proclaim their states would benefit from Illinois? desperate attempt to soak up the red ink smeared across its balance sheet.
Roughly 18 months later, Indiana says it has attracted 1,600 jobs from firms that moved Illinois employment to the Hoosier state or from companies with Illinois presences that have expanded in Indiana. The Wisconsin state economic development agency says it does not really track how many jobs went north, but has done deals with two companies to bring 116 jobs over the border.
Those numbers may be significant in the sense that no state wants to lose jobs to another, but they?re not quite the windfall that would match up with the rhetoric of a year and a half ago. Illinois officials say they are holding their own in a tough global marketplace because of the state?s major assets ? Chicago, which is a global city, and Illinois? vast transportation network of highways, railroads and O?Hare International Airport ? and because they have been able to show slow, but steady progress in addressing shortcomings that make businesses skittish about coming here.
David Vaught, Illinois? former budget director who now directs the state Department of Commerce and Economic Opportunity, points out that the state has gained 48,000 private-sector jobs since the tax increase passed, according to a U.S. Bureau of Labor Statistics report released in April.
?I?m sure they can find a company here or there, and we can find a company that came from those other states to ours,? Vaught said. ?I don?t think we should get too carried away with the border analysis because it?s the net change that?s most important when you?re competing in the international economy.
?I think when businesses look at business location, they look at more than that (tax rates). Chicago and Illinois are leaders in the international economy.?
Regional view
Indiana Commerce Secretary Dan Hasler, a former executive at the pharmaceutical giant Eli Lilly and an Illinois native, said Indiana never had a goal for the number of businesses it wanted to poach.
?I think it?s about what we expected,? Hasler said of the 1,563 jobs and $294.1 million in investments that firms with Illinois connections plan to make in Indiana. ?The situation for a business operating in Illinois and Indiana is so dramatically different.
?I was just with a group of site selectors this morning. I said, ?You know what, everyone wants Illinois to do better.? We are better served by a strong Midwest than just a strong Indiana.
?I can guarantee you most people in China don?t know about Indiana. But they have heard about the Midwest, the breadbasket, the heartland of America, Chicago, that?s what we need strong, and we will all benefit from that. But some of our neighboring states need to get their game on.?
Some of the rhetoric clearly has been toned down in recent months. Walker told reporters in an April appearance in Springfield that he did not believe firms would relocate entire operations from Illinois to Wisconsin.
?We don?t keep track of that,? Walker said in April. ?What it?s going to be is companies that want to grow and expand. The biggest thing we keep track of is the unemployment rate. Illinois? is 9.1 percent. Wisconsin?s is 6.9 percent, and I believe it?ll continue to drop because of our policies.?
Stealing businesses was never the point of Indiana?s ?Illinoyed? campaign, Hasler said.
?I don?t want to poach Illinois companies or Michigan companies or California companies, but doggone it, if they?re going to leave Illinois, if they?re going to leave Michigan, I sure as fiddle want to keep them in the Midwest,? Hasler said. ?What we?re doing is frankly catch them as they fly by and show them they don?t have to go to Texas. Indiana is an incredible alternative.?
Jobless rates
While Vaught touted Illinois? jobs numbers, there is some early evidence that businesses have fled. Secretary of state records how many corporations and limited-liability companies are registered in the state. There were 71,449 corporations and LLCs registered in the state?s 2010 fiscal year, which ran from July 1, 2009, through June 30, 2010. In FY2011, 73,130 businesses were registered. The number fell back to 71,434 in FY12 as of June 13, with 17 days to go in the fiscal year.
?I think these numbers go up and down,? Vaught said. ?The number that we?re really happy about in the Bureau of Labor Statistics report are the sector numbers, like manufacturing. People have thought for a long time that ... manufacturing jobs were going overseas, that that was a permanent drain. 2011 was an uptick in manufacturing in Illinois. When you add what?s happened in 2012, through April, with what?s happened in 2011, over 22,000 new manufacturing jobs have been created in Illinois. So we tend to look at it through a jobs lens.?
In May, the U.S. Bureau of Labor Statistics reported that Indiana and Wisconsin both have lower unemployment rates than Illinois -- 7.9 percent and 6.7 percent, respectively. Illinois? unemployment rate was 8.7 percent. Indiana has gained 111,000 jobs since Illinois passed its income tax increase, while Wisconsin has lost 13,000 jobs, according to the bureau.
What?s important?
Asked to make the case for Indiana, Hasler said he doesn?t have to because national publications and fiscal watchdogs already have. In January, the non-partisan Tax Foundation ranked Illinois? business tax climate 28th while Indiana?s ranked 10th. Site Selection magazine ranked Indiana?s business climate sixth in the nation while Illinois came in 21st. CEO Magazine ranked Illinois as the 48th best state to do business while Indiana came in fifth.
?You shouldn?t pay attention to me, and you shouldn?t pay attention to the governor, OK?? Hasler said, referring to Daniels. ?I?m a big believer in third-party reference as opposed to what a politician or I might say.?
There?s more to living in a place than its tax rates, Vaught countered.
?We don?t hear a lot about those ratings from companies. They?re much more specific about what they want to do and what they want to accomplish,? Vaught said. ?The overall ability of people to educate their kids, have a vibrant place to live, those are crucial to people as well.
?The one I saw most recently ? I didn?t get to open my National Geographic from December 2011, I just opened it this month ? there?s a survey in there about the most influential cities in the world, and Chicago, I believe, was ranked No. 6 only behind New York in the United States. It ranked right up there with Paris and London and Hong Kong as major influential cities in the world. You can?t talk about the Illinois economy without considering how vibrant and strong Chicago is, culturally and otherwise. That?s what we tell them.?
Moreover, Illinois has made progress in addressing some of the things that have given it a bad reputation, Vaught noted. It has made changes in its workers? compensation system, Gov. Pat Quinn signed a bill this month aimed at restructuring the state?s budget-busting Medicaid system, and talks continue on overhauling a pension system that has the state $83 billion in debt.
Vaught also pointed to two changes that he believes have flown under the media radar ? extending a tax credit for research and development for five years and restoring a tax deduction for corporate operating losses that was in effect for a year.
?Our research-and-development credit ? expired numerous times. It had created huge uncertainty,? Vaught said. ?It was a step toward making sure some of our tax incentives were applied in very effective places, not in old, obsolete ways. I think that was an important signal to the business community that we as a state are willing to make adjustments, make our tax code better through tax reform.?
Tax credits, too
Of the 14 companies cited by the Indiana Economic Development Corporation as having chosen Indiana over Illinois, 11 have or will relocate some or all of their Illinois jobs to the Hoosier state. Three of the companies have an Illinois presence, but are expanding operations in Indiana. At least two of the 14 are based in Indiana, have an Illinois presence and are expanding in Indiana.
Each received tax incentives conditioned on the companies meeting job-creation and capital-investment requirements.
?The companies receive their incentives from the state, which are in the form of refundable tax credit, after we have validated by Social Security number that they have hired and paid a Hoosier,? Hasler said. ?It keeps you out of these games of a company making a promise, they?re here for six months, the state?s out $40 million and these guys bolt, everybody?s upset and it?s a big waste of money.
?That gets with our philosophy, too. I don?t want companies to move to Indiana because they got a big incentive package. You cannot make a bad move to Indiana or a bad move to Illinois good enough by paying a boatload of incentives. They?re coming to Indiana because we can, time and time again, show them they can reduce their operating costs as a business (by) 20 to 30 percent ? payroll taxes, corporate taxes, real estate, lease, workmen?s compensation, wages, you name it, energy cost, logistics costs.?
?Big problem?
Officials from most of the companies involved did not return phone calls seeking information about why they moved jobs from Illinois or expanded in Indiana. Those that did said factors beyond the income tax increase played a role.
Franciscan Alliance, a 13-hospital health-care system with operations in Indiana and Illinois, is moving its physician-billing operations to suburban Indianapolis, creating 84 jobs and investing $8.3 million to buy and remodel a 96,500-square-foot building.
?If the question is are we moving away from Illinois in general, it would be yes,? said the alliance?s regional CEO, Gene Diamond. ?It?s the malpractice climate, to tell you the truth.?
The alliance has two hospitals in Illinois in south suburban Chicago; the rest are in Indiana. The medical malpractice insurance costs for the two Illinois hospitals cost as much as all of the Indiana facilities combined, Diamond said. Caps on medical malpractice damages were passed and found constitutional in Indiana. Illinois? attempts to cap them have been ruled unconstitutional by the state Supreme Court.
?We?ve got a big problem in Illinois,? Diamond said.
As for the billing services themselves, they are being relocated because "it?s a little bit less expensive to operate them in Indiana. We?re primarily an Indiana system,? Diamond said, also citing cheaper property and a more attractive climate in central Indiana.
Because the system is not-for-profit, the income tax increase was a factor only in that Indiana employees will not have to pay it.
Uncertainty hurts
Central Illinois was not any different from the rest of the state when it came to talk of iconic businesses leaving, whether it was a large, international manufacturing firm like Caterpillar Inc. or a small business, like Springfield?s downtown popcorn shop, Del?s. Neither has left so far, although Caterpillar ruled out Illinois for its expansion plans in the immediate future.
Shellie Jacobs posted protest signs in the window of Del?s Popcorn Shop, 213 S. Sixth St., in early 2011, about when legislators and Gov. Pat Quinn began debating the possibility of a major increase in Illinois income taxes.
But the Springfield business owner said it wasn?t so much higher taxes as it was the added uncertainty that prompted her unusual protest.
?It was just another straw on the camel?s back,? said Jacobs, who has owned the shop for 27 of its 31 years.
Rising employer costs for unemployment withholding, a state minimum wage higher than the federal standard, unpaid state bills and state debts all have made it more difficult to plan for expenses, said Jacobs.
?You can price your product wherever you want, and then you get this notice from the Illinois Department of Employment Security that they?re going to triple your unemployment compensation costs,? said Jacobs.
?I can?t make the assumption my costs are going to be the same next year as they are this year, because someone is probably going to come along and change it.?
Locally committed
Del?s and the Jimmy John?s restaurant chain both received widespread attention for their protests against higher income taxes in early 2011. Jimmy John?s owner, Jimmy John Liautaud, threatened to move the corporate headquarters in Champaign out of Illinois.
The company remains in Champaign, and Jimmy John?s spokeswoman Mary Trader said executives would have no further comment on the issue.
Jacobs, too, suggested in 2011 that any expansion of Del?s Popcorn outlets would be outside Illinois. A new company, Del?s Global Popcorn Inc., was formed to oversee the expansion. Florida was an early target market.
An already-planned shop in Taylorville, about 30 miles southeast of Springfield, opened in April 2011, and Jacobs announced recently that a shop will be added on the west side of Springfield this summer. However, the new Springfield store replaces the one in Taylorville.
Jacobs said the second Springfield location opens the way for her son, Logan Kolhrus, to get into the family business.
Jacobs said expansion remains a possibility and that she does not rule out adding stores in Illinois ? her concerns about taxes notwithstanding.
?Are we going to invest in Illinois? That card is still out there,? said Jacobs. ?There are states that are more business friendly.
?I?m scared to death,? Jacobs added. ?Are they (legislators and the governor) going to be able to fix it? I don?t know. I?m just committed to Springfield. I?m not going anywhere.?
Chris Wetterich can be reached at (217) 788-1523. Tim Landis can be reached at (217) 788-1536.
Illinois? income tax increase
Effective January 2011
--The individual income tax increased from 3 percent to 5 percent
--The corporate income tax increased from 4.8 percent to 7 percent. Illinois corporations also pay a 2.5 percent personal property replacement tax.
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KOEI Warriors Roleplay
INTRO:
Hello! The name's Xavi and I'm looking for a partner or group of partners to create an epic story. I've been roleplaying for a good while now so I've really developed my writing style. I'm told it's unique and, hopefully, it's something you'll like. Anyway, let's dive into what I want, okay?
Hello! The name's Xavi and I'm looking for a partner or group of partners to create an epic story. I've been roleplaying for a good while now so I've really developed my writing style. I'm told it's unique and, hopefully, it's something you'll like. Anyway, let's dive into what I want, okay?
DESIRES:
I'm dying to do a roleplay that revolves around the KOEI Warriors series, specifically Samurai Warriors. I would love to find a partner who could write as Yukimura (perferably a male roleplayer) while I write as Kunoichi, but I suppose I can't be that picky. But, by all means, if you meet the criteria, PLEASE respond. I will love you forever.
Anyway, I'm really just looking for a good roleplay that has samurai and ninjas and Feudal Japan. Could be a canon or an original character. I'm not that picky.
GENRE PREFERENCES:
Historical fiction
Romance
Action/Adventure
LIMITS:
Probably a good idea to abide by the rules. I can go over the PG-13 rating but we would have to take it off site. I guess you should PM, IM, or email me if you want that kinda roleplay. Oh, I refuse to have a partner that cannot match my posts. Hover over my name and see what my average post size is. Then, if you wanna see how I write, I suggest you look at some of my posts on here. If you need more examples, ask and I'll provide them. :]
OTHER:
If you're interested but don't like my desired pairing, let me know who you want and maybe we can work something out. I've play Dynasty Warriors 6 & 7, Samurai Warriors 1, 2, & 2XL, and I'm currently playing Warriors Orochi 3. But yeah, totally hit me up! If you want a generic samurai/Feudal Japan roleplay, I can do that, too. Really not picky. I just want some hardcore fighting, battles, and romance. ;3
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