#major moves

[themasterpupil]

[big-pisser]

Big one today. Good feelings about piss all round

[chloeworships]

I kept seeing the words “CONGRATULATIONS” like confetti. There were numerous repetitions of the word.

Someone is going to achieve a goal or receive an offer and many, many people will congratulate them.

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Mack's Mentality: New Year, New Moves, New Blessings

We’re a whole month into 2015 and things are going great so far. I’ve had a few new opportunities come my way that deal with music writing as well as an interview for a new job that will have my pockets looking nice. I’m also enjoying the wonders, mysteries and horrors of being a new parent (specifically a new Dad). My daughter Aja is getting bigger and smarter every single day. Its truly…

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[indypolitics]

Major Moves Critics Off Track

by Eric Holcomb

Having worked for Governor Daniels back in 2005 I vividly remember the toll road lease conversation, as I was responsible for organizing all the coalitions of supporters eager to benefit from important upgrades to our aging infrastructure neglected for years by prior administrations.

Now, everyone is entitled to their own personal opinion and mine is as follows.  After eight years of record-breaking road construction all across Indiana, some folks still just don't get it and some probably never will.

For example, the recently announced bankruptcy of the Indiana Toll Road operator prompted a high ranking Democratic office holder to dub the 2006 public-private partnership a “mess of epic proportions” (NWI Times, Oct. 14, 2014).  That made me wonder if he was just playing politics or if he didn’t understand the contract, similar to any other highly regulated utility.

The facts illustrate a very different picture than he paints, as does a string of misrepresentations parroted by a LaPorte County Democratic operative and a liberal think tank, the Center for American Progress. The former has shared little by way of actual facts, relying instead on a single report conducted by a professor at William & Mary University in Virginia, a tiresome tactic of lease opponents on the left. The latter has suggested "Indiana has many ways to raise money to fund its infrastructure needs without resorting to complex and uncertain lease agreements” (IndyStar, Oct. 25, 2014).  In Washington-speak, this means raising your taxes.

The toll road lease itself and the subsequent road and bridge construction program, known as Major Moves, were both brilliantly negotiated by Governor Mitch Daniels, and his timing was impeccable. There hasn't been a slam dunk deal since and there probably never will be again on this transformational scale.  To be blunt, we were overpaid.  Indiana was paid $3.85 billion dollars cash, up front, and as a result we were immediately able to move forward on road projects held for up for decades due to lack of funds.

One of my favorite and little discussed areas of the deal was the fact so many strange bedfellows from across the vast political spectrum came to understand just how life-changing leasing the toll road would be for Indiana. Union building trade hard hats stood on the same stage with realtors, chamber members, small business manufacturers, and courageous legislators all championing Major Moves as the "jobs vote of a generation.” It’s something that seems almost unthinkable given the current political climate, but a no-brainer’s a no-brainer and there was no more waiting on convincing the small group of prosaic minds stuck in the past.

Most Hoosiers will soon appreciate driving on I-69 from Indy down to Evansville and up to South Bend on a traffic light-free US-31.  They’ve already zipped across the now safe and completed Hoosier Heartland Highway from Lafayette to Fort Wayne all the way to the Ohio state line.  We've reaped the local rewards from the $150 million distributed to every Indiana county for local road upgrades. Employees at Honda and Amazon, agribusinesses throughout Indiana, and CRANE Naval Warfare Center have all benefitted from our state’s ability to build and pay for the infrastructure we needed, not just "hoped" to someday have. Hoosiers have enjoyed a level of unprecedented statewide connectivity that has helped drive our statewide economic growth and magnetic ability to attract and retain important businesses right here at the Crossroads of America.  While the rest of the country struggled with an infrastructure crisis, Indiana instantly became the envy and exception winning awards for solving a problem while shifting the burden away from the taxpayer.

Most importantly for me, the agreement was forged with Hoosier priorities in mind. We first paid off the toll road itself that was losing money when the state was operating it and then invested every cent in our long-term infrastructure plan.  We even created a $500 million dollar Next Generation Trust Fund that earns interest for future projects and requires the operator running the toll road to pay sales and income taxes, if they make any money.

Conditions for the toll road upkeep were spelled out clearly in the contract all the way down to how many minutes road kill can lay dead on the road, how much snow can accumulate, adding another lane, a new police post, twenty-five new troopers with vehicles, and the user friendly E-ZPass technology, again, all on the dime of the operator.  The contract even places limits on the amount that toll rates can be increased without state approval, giving elected representatives of the people final say on what users could be charged.

It’s a small gallery of critics who share a deep disdain for innovative public-private partnership solutions that continue to try to turn back Indiana’s infrastructure progress.  These pro-patronage politicians pine for the old “government-always-does-it-best” model and have no problem racking up hundreds of millions of dollars in debt and empty promises. That’s simply not good enough in Indiana anymore because Hoosiers know a good deal when they drive on one.

Yes, the current toll road operator has gone belly up, but since the lease was buttoned down so tightly, there is no future risk to taxpayers.

The beauty of the deal is that State government can now weigh its options, even while private investors conduct their feasibility studies and counties tinker with the idea of pooling funds to manage the road themselves. The State could assume toll road management again, but that seems a short-sighted approach given the success of the public-private partnership in managing and maintaining the road in the most effective and efficient way. The county management scenario, too, seems unlikely, as a majority of the toll road seven counties have already withdrawn their support for some kind of regional multi-county consortium.

Cynical politicians can continue to lament good governance and all the 600 plus road projects Hoosiers drive on every day. But at a time when folks feel that government gets so little right, those on the ideological left seem downright detached when they play to their base by taking potshots at a government brokered deal while offering no alternative plans of their own to move Indiana forward.

Maybe that’s something these naysayers can think about the next time they are flying down US-31 and only have to stop for a cup of coffee.

Eric Holcomb was a senior aide to Governor Mitch Daniels.

[offtopradio]

Apple 'Closing In' On Dr. Dre's Beats For $3.2 Billion

Apple ‘Closing In’ On Dr. Dre’s Beats For $3.2 Billion

Financial Times are reporting: Apple is “closing in” on what would be its largest ever acquisition, a potential $3.2 billion purchase of Beats Electronics.

Will Beats By Dr. Dre

Beats is primarily known as the popular high-end headphone maker founded in 2008 by rapper-turned-businessman Dr. Dre (perennial member of Forbes’ Cash Kings list) and music producer Jimmy Iovine. The company also…

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