Comments on Advance Indiana™: Council Says It's Okay To Pocket Up To $1,000

The Water Company was originally sold to NIPSCO be...

2009-05-20T05:35:04.465-05:00

The Water Company was originally sold to NIPSCO because they could no longer float more bonds and keep the dividend on the stock high enough to attract investors to buy the stock. There was no such thing as variable (well at least no one would issue them for a utility at the time) bonds and fixed rate was the only way to go. Who would have thought at the time that the bonds would once again cause major problems with the utility.

Paul, Alan Kimbell on the waterworks board is a pe...

2009-05-19T15:46:00.000-05:00

Paul, Alan Kimbell on the waterworks board is a perfect example. Beurt SerVaas asked him to serve on the board because of his many years of work for the Indianapolis Water Company prior to its purchase by the city. When Kimbell started raising too many questions about the Veolia deal and talking to the media about his concerns, John Mutz, who chaired the board, actually proposed and passed a resolution that barred Kimbell or other board members from discussing matters to the media and others outside of their meetings. Obviously, the resolution violated Kimbell's free speech rights but Mutz was trying to make a point. You aren't allowed to second-guess us if you're going to sit on this board. Kimbell resigned from the board in protest.

AI said,"Melyssa, I've explained this to you befor...

2009-05-19T14:36:00.000-05:00

AI said,"Melyssa, I've explained this to you before. You cannot be appointed to any board or commission in this city unless you are a certified member of the insiders club or someone over whom they have financial control. They aren't interested in the service of honest, independent-thinking citizens. If they can't control you, they don't want you."

You got that right!

HFFT, I would concur with Gary. They do not want...

2009-05-19T13:12:00.000-05:00

HFFT,

I would concur with Gary. They do not want independent thinkers on important boards like the CIB. They want people who will rubberstamp whatever the powers to be decide.

Can you imagine a CIB board member openly challenging Bob Grand or Pat Early on their "assumptions?" That person would be removed from the board the next day...if he or she lasts that long. It's the same reason Ed Coleman got the cold shoulder when he started asking questions about the CIB's operations.

The public, including several bloggers and the res...

2009-05-19T13:07:00.000-05:00

The public, including several bloggers and the responses to the original $5,000 limit, brought alot of attention to this issue. Bringing it down to $1,000.00 is like taking one slice of pizza while leaving the rest, or robbing a bank witha legal limit of $1,000.00 and letting the bank keep the rest. Using public office for personal gain is Graft, yet they are legalizing corruption on a per vote basis. The article gives the impression the council members are to police themselves and does not state the penalties if they get caught.

Melyssa, I've explained this to you before. You ca...

2009-05-19T12:41:00.000-05:00

Melyssa, I've explained this to you before. You cannot be appointed to any board or commission in this city unless you are a certified member of the insiders club or someone over whom they have financial control. They aren't interested in the service of honest, independent-thinking citizens. If they can't control you, they don't want you.

I have a much lower rate of interest from JP Morga...

2009-05-19T12:22:00.000-05:00

I have a much lower rate of interest from JP Morgan Chase Visa.

I want the city council to appoint Gary Welsh to t...

2009-05-19T12:20:00.000-05:00

I want the city council to appoint Gary Welsh to the CIB board!

I see that the rules of operation set forth in the...

2009-05-19T12:16:00.000-05:00

I see that the rules of operation set forth in the Roman Senate all those years ago are still in operation.

Meanwhile, you can see what this gets us, every time you drive in on the south side of Indy, and that monstrous bloaty-hog of a stadium barn catches your eye for ten minutes of drive time (on a good driving day).

But a barn is for sheeple, and that's what we have here. Limbaugh-lovin', reality-TV watchin' sheeple.

Shorebreak, There was significant evidence that th...

2009-05-19T09:31:00.000-05:00

Shorebreak, There was significant evidence that the water company (through Veolia) engaged in fraudulent billing practices to help cover its financial mismanagement. A lawsuit was brought on behalf of the ratepayers and, as I recall, tossed by a judge on the grounds that the ratepayers didn't have standing to bring a suit.

Here's a thought - I believe that the citizens of ...

2009-05-19T09:11:00.000-05:00

Here's a thought - I believe that the citizens of Indianapolis could make a case that would enable the contracts to be renegotiated.

Here's why: Elected officials were granted authority based upon their stated committment to fairly and honestly represent Indianapolis voters and taxpayers. The water contracts signed by the city are not representative of the wants or needs of the voters/taxpayers. Therefore, the contracts are invalid because contrary to the wants and needs of the community, the water company has become an unnecessary burden based upon decisions made by an educated leadership who did not convey the potential outcomes to the voters.

The Indianapolis Water Company is a clear case of abuse in which residents are held responsible for decisions that were made by government that are contrary to the best interests of the people. Since the contract can only be fulfilled by billing the people, who rely upon the water system for basic, critical needs, the contract should be lawfully declared null and void and subject to renegotiation under terms that are amenable to the best interests of the voters/taxpayers.

Is there a lawyer out there who can file the case? I doubt you'll have trouble finding plaintiffs.

If I were a city leader in a position to profit fr...

2009-05-19T08:38:00.000-05:00

If I were a city leader in a position to profit from these kinds of deals, I'd be enthralled with the performance of IPS. It would provide me with a lot more leeway to line my pockets with limited criticism.

I have a great suggestion for the city: provide more free handouts. It'll make Indy residents more supportive of you, even when you're actions are blatantly self-serving and/or criminal. Maybe you could outfit city vehicles with coolers and warmers and have employees hand out hot dogs and drinks as they go about their work.

If you can find a way to make that happen, you could line your pockets to your hearts content. Sell it as a community service during tough economic times. You'd be the envy of every Roman senator. They never had it so good.

What you didn't hear last night is anyone from the...

2009-05-19T08:24:00.000-05:00

What you didn't hear last night is anyone from the CC mentioning Peterson's name. You also didn't hear that at this time Indy is paying 17.5% interest on these bonds. Joe's Quick Loan and Check Cashing could have provided a better arrangement for Indianapolis then this Peterson Plan.