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71 House Republicans Ready to Work

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Members of the Indiana House Republican Caucus convened on Wednesday to organize and elect their leadership for the upcoming legislative session.

The caucus re-elected State Representative Brian C. Bosma (R-Indianapolis) to his fourth term as Speaker of the House. In addition, State Representative Kathy Kreag Richardson (R-Noblesville) was selected to serve again as Caucus Chairwoman. This will be Rep. Richardson’s fourth term as Majority Caucus Chair.

State Representative Jud McMillin (R-Brookville) was newly elected to serve as Floor Leader. Former Majority Floor Leader, State Representative Bill Friend (R-Macy) will be appointed by Speaker Bosma to serve as the Speaker Pro Tempore.  Further appointments to the House Republican leadership team will be made in the coming weeks.

Hoosiers re-elected 63 members of the House Republican Caucus along with 8 newly elected House members:

  • Michael Aylesworth (R-Hebron), Retired Co-founder of Iroquois Bio Energy Company, representing House District 11;
  • Bruce Borders (R-Jasonville), Owner/Operator Borders Insurance and Financial Services and Elvis Impersonator, representing House District 45;
  • Mike Braun (R-Jasper), Owner of Meyer Distributing, representing House District 63;
  • Bill Fine (R-Munster), Attorney, representing House District 12;
  • Chris Judy (R-Fort Wayne), Production Worker at General Motors, representing House District 83;
  • Doug Miller (R-Elkhart), Owner of D.L. Miller Construction, Creekside Realty LLC,  and White Pines Properties, representing House District 48;
  • Curt Nisly (R-Goshen) Founder of C-Tech Solutions, representing House District 22 and;
  • Julie Olthoff (R-Crown Point), President of VIA Marketing, representing House District 19.

“I couldn’t be more proud of our team. In the past ten years, House Republicans have championed education reforms, made Indiana the 23rd  Right-to-Work state, created the Indiana Economic Development Corporation, repealed the inventory tax, cut corporate and personal taxes, enacted property tax caps and made Indiana the fiscal envy of the nation. Hoosiers have elected leaders who will continue to balance the budget, focus on education, address ethics and work for a safer Indiana.

“We are humbled that we have been given this continued opportunity to lead our great state,” said Speaker Bosma.

Volunteer to Become A SCORE Mentor

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Would you like to become a mentor for the Evansville SCORE Chapter? Our chapter is seeking unique individuals for a volunteer opportunity that will provide you a chance to share your executive knowledge and expertise with our local community. As a mentor you will offer free advice and mentoring to small business owners and aspiring entrepreneurs. SCORE mentors do make a difference in the lives of small business owners and you as a volunteer will receive much personal satisfaction.
If you are interested please contact me on my cell at 812 746 5655 or at boilerrail@gmail.com.

Deadline Approaches for Indiana State Police 75th Recruit Academy –

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The opportunity to apply for the Indiana State Police 75th Recruit Academy is quickly coming to an end. Individuals who are interested in beginning a rewarding career as an Indiana State Trooper must apply online at http://www.in.gov/isp/2368.htm. This website will provide a detailed synopsis of the application process as well as a career with the Indiana State Police Department.
Applications must be received via e-mail by 11:59 pm (EST), on Sunday, November 30, 2014. Applications received after the deadline will not be accepted for the 75th Recruit Academy.
Basic Eligibility Requirements and consideration factors for an Indiana State Trooper:
1. Must be a United States citizen.
2. Must be at least 21 and less than 40 years of age when appointed as a police employee. (Appointment date is November 20, 2015)
3. Must meet a minimum vision standard (corrected or uncorrected) of 20/50 acuity in each eye and 20/50 distant binocular acuity in both eyes.
4. Must possess a valid driver’s license to operate an automobile.
5. Must be willing, if appointed, to reside and serve anywhere within the State of Indiana as designated by the Superintendent.
6. Must be a high school graduate as evidenced by a diploma or general equivalency diploma
(GED).
The Indiana State Police Department salary is competitive with the surrounding agencies. A recruit is paid $1,417.40 bi-weekly during the academy training. At the completion of academy training, the starting salary is $38,444.00 a year. The Indiana State Police also offers an excellent health care plan, which includes medical, dental, vision and pharmacy coverage for both current and retired employees, along with their families. The Indiana State Police pension program provides a lifetime pension after 25 years of service. Additionally, the Indiana State Police Department provides comprehensive disability coverage and a life insurance program.
Interested applicants can obtain additional information about a career as an Indiana State Trooper by visiting http://www.in.gov/isp/3041.htm to find the recruiter assigned to your area.

First Security Bank Announces 3rd Quarter 2014 Results and Record Three and Nine Months Earnings

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First Security Inc. (The holding company for First Security Bank, Inc.) announced today their performance for the third quarter and nine months of 2014. Earnings and Loans continued its strong growth into the third quarter of the year with earnings up 270% and loans up 17% compared to the third quarter of last year.

“Our continued focus on executing our strategic plan has provided us with the ability to accomplish record results. The Company has continued to grow its customer base through all of its markets. This growth has contributed to higher net interest income and non-interest income, all while maintaining our non-interest expense at levels similar to prior periods,” stated M. Lynn Cooper, President and CEO.

Highlights of the quarter include:

  • ï‚·  Earnings – Third quarter earnings were up $717,000 or 270% as compared to the third quarter of 2013 and were up $328,000 or 50% over the most recent prior quarter. This is the highest quarterly earnings in the Company’s history. On a year to date basis, the Company recorded net income of $2 million during the first nine months of 2014 as compared to $814,000 during the same year to date period in 2013, a 150% increase. This is the highest first nine months earnings on record for the Company. Net income for the first nine months of 2014 was almost double net income recorded for all of 2013.
  • ï‚·  Basic earnings per share – For the first nine months of 2014, earnings per share were $1.12 as compared to $1.03 per share for the same period in 2013. This is significant in that a substantial amount of new capital was raised during early 2014; however net income has grown so significantly that the Company is able to report a 9% increase in basic earnings per share.

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Comparing the third quarter of 2014 to the third quarter of 2013 results in an increase of $0.11 per share or 33%.

  • ï‚·  Cash Dividend – A dividend was declared in the amount of $.16 per share, our 45th consecutive dividend. The dividend is payable to shareholders of record as of November 14, 2014.
  • ï‚·  Asset Quality – Nonperforming assets to total assets were 0.84% as of the end of the third quarter of 2014 compared to 1.19% as of the end of the third quarter of 2013, a 29% improvement. The Company remains proud of its strong credit quality, better than many of its peers. During this same year over year period the allowance for loan losses has grown to 1.07% of loans, up 6% from a year ago, recognizing that along with our strong loan growth, adequate reserves are necessary when building a strong bank.
  • ï‚·  Expansion – The Company is actively pursuing many opportunities to help further grow shareholder value. These opportunities may result in an expansion within our existing footprint or in newer markets. We also continue to look for ways to deliver more and better products and services to our client base.
  • ï‚·  New Branch – We closed on the purchase of a former bank branch location in the Wellington area in Lexington, KY in the Southern part of the city. This location is scheduled to open in early 2015 and will be our second Lexington location. We have experienced great success with our existing Lexington location in the Hamburg area and hope to duplicate that success at our Wellington location.

    Financial highlights below reflect third quarter results as compared to the second quarter of 2014 as well as financial results for the first nine months of 2014 as compared to the first nine months of 2013:

Loans
Deposits Stockholders’ Equity Net Income Non-Interest Income Non-Interest Expense Net Interest Income

Compared to Prior Quarter

Up $20 million or 5%
Up $3.5 million or 1%
Up $2.5 million or 5%
Up $328 thousand or 50% Up $145 thousand or 14% Up $17 thousand or <1% Up $338 thousand or 9%

Compared to First Nine Months, 2013

Up $61 million or 17%
Up $17 million or 4%
Up $32 million or 133% Up $1.2 million or 150% Up $571 thousand or 23% Up $299 thousand or 3% Up $1.7 million or 17%

Other areas of note include improvement to net interest margin and return on assets. See attached third quarter 2014 financial summary.

The stock trading activity for First Security (symbol FIIT) can be accessed at www.otcmarkets.com.

COUNCILWOMAN BRINKERHOFF-RILEY OFFERS SOLUTIONS TO EVANSVILLE WATER METERS REPLACEMENT PROGRAM

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All,
Reverend Brooks, thank you for your time yesterday.
I also spoke with Alice Withers at CAPE who stated they are willing to participate. I think relaxing the requirements would include waiving the requirement that they be current on the mortgage/water bill and raising the income eligibility to 150% of the area median gross income, adjusted for family size. I also think populating a list of approved contractors would greatly improve prices and insure that we are getting the best price for our dollars. A flat fee for where the pit just needs to be dug out and leaves/roots removed may also be helpful. Extending the time-frame for the work would also be necessary.
I spoke with Mike Duckworth Thursday and made these suggestions. He said he would call me yesterday, but I did not hear from him. I understand that Lloyd is meeting with Allen Mounts on Monday, and then hopefully Allen will be available Monday night to discuss a solution. There are potentially 1000s more of these issues as the City continues the project, and a better approach is certainly needed.
At least $1 million dollars needs to be set aside for an assistance program, or the residential meters should not be replaced where there are cited issues that the ratepayer is allegedly responsible to fix/replace. These are not situations where the current meter cannot be read or where the resident has a leak. Additionally, as I understand the contract with Johnson Controls, there is really no lost revenue to be gained on the residential side. I don’t think the ratepayers should be on the hook for millions of dollars in unneeded replacement work to garner a revenue guarantee from Johnson Controls on the commercial water use side.
I also don’t think the ratepayer or the City will see any savings related to the stated goal of eliminating the salaries and benefits of 6-8 meter readers with these new meters. The Water Department has grown in terms of the number of employees, even with eliminating these jobs, and given the millions that residents will pay for replacement parts in their meter pits, it’s just not worth forcing a completely remotely read system.
I noticed that the Water Department customer service personnel stopped referring customers to Hydromax on Friday afternoon. When I spoke to an assistant to Allen on Thursday, I was told that they were referring to people to Hydromax, because they gave a free estimate, and that Hydromax had so much work they were scheduling replacement work out in March of next year. I think it’s imperative that the company citing issues not also be receiving referrals on replacing pipes. They have had every incentive up until this point to find problems. I have residents who have had a plumber come out who cannot find a reason that the new water meter cannot be installed. However, they were told by the Water Department customer service staff that they would not receive another inspection. I’m not sure what these people are supposed to do at this point. I’ve suggested they submit a statement from the plumbing company that came out.
I have great concern that when faced with a large bill from a plumber, many residents will simply sign the waiver of liability that is offered as an alternative in the letter sent out by the Water Department. I think any waivers received from the 1000+ letters that were sent out over the last month should be disregarded. “Duress” is the word that comes to mind when I imagine the stress and panic experienced by residents struggling to survive who received a letter threatening to turn off their water. This is not Detroit. Water is a necessity for which threats to discontinue service should not be made lightly. These letters were terrifying on their face to many who received them, and the City should not take advantage of any waivers received as a result of its actions in this situation.
I appreciate your time and look forward to moving into a discussion of the solution.
Stephanie Brinkerhoff Riley
THIS LETTER WAS POSTED BY THE CITY COUNTY OBSERVER WITHOUT BIAS, OPINON OR EDITING.

Brigadier General to visit Harrison High School

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Monday, Nov. 10

Brigadier General Ondra Berry, who is a Harrison High School and UE graduate and the first African-American Brigadier General in the Nevada Air National Guard, will make a stop Monday at Harrison High School to talk about his experiences and motivate students to follow their dreams. Brigadier General Berry will be at Harrison around 10 a.m. to speak with upper classman. The presentation will be recorded and shown to lower classmen later in the week.

VANDERBURGH COUNTY 2014 GENERAL ELECTIONS RESULTS BY WARDS AND PRECINCTS

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Here is a link to the unofficial Vanderburgh County 2014 General Election totals by political Wards and Precincts.

2014 General Canvass

Republicans Govern or Squander

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Rick McKee / Augusta Chronicle

Republicans may have won the Senate and kept the House, but Senate Majority Leader Mitch McConnell is no inspiration, allowing President Obama to keep all of the leverage of shutting down government spending while the President wags the threatening finger of executive orders in McConnell’s face.

If Ted Cruz stays the course of conservative leadership and McConnell is replaced as Senate Leader, the Republican Party has the chance to achieve great success in pushing through policies that will actually create an environment in which businesses can grow and individuals can succeed.

If Republicans fail to achieve improvements in just two years, Democrats can certainly propagandize the electorate towards a reversal of this success.

“Hope and change” is a successful campaign theme only when there seems to be no hope and any change at all feels like forward momentum. We Americans learned all too well that campaign themes don’t guarantee positive results. Too many Americans still vote on the uneducated impulse of such themes.

Some good news is that Republicans in charge means tighter control over an IRS that has been illegally turned into a partisan weapon.

There might be more scrutiny of the Federal Reserve’s activity.

“If the Republicans take control of the Senate and thus have control of both the House and the Senate—two words for the Federal Reserve: Watch out,” said Camden Fine, president of the Independent Community Bankers of America.

As the Wall Street Journal reports, “Leading the GOP wish list in dealing with the Fed would be legislation to open the central bank to more scrutiny of its interest-rate decisions, using congressional audits of monetary-policy matters that Fed officials strongly oppose. Many Republican lawmakers also want to require the Fed to use a mathematical rule to guide interest-rate decisions or shift its focus more directly to inflation rather than inflation together with unemployment.”

Republicans may actually be able to defy billionaire Tom Steyer who bought President Obama’s anti- XL Pipeline stance despite pleas from Obama’s union constituencies who just didn’t have as much money as Steyer.

Ted Cruz has promised to repeal and replace Obamacare with a plan that restores affordable major medical health insurance to the millions of Americans who now suffer from extraordinary premium increases as much as 300 percent.

Cruz wrote in USA Today that he will “pursue all means possible to repeal Obamacare. There is a reason Obamacare has miserable 37 percent approval ratings: it has caused millions to lose their jobs, be forced into part-time work, lose their health insurance, lose their doctors, and pay skyrocketing premiums. It simply isn’t working. We should pass repeal legislation (forcing an Obama veto), and then pass bill after bill to mitigate the harms of Obamacare. Prevent people from having their healthcare plans cancelled, prohibit insurance company bailouts, eliminate the provisions forcing people into part-time work, and repeal the individual mandate.”

Now is the time for Republicans to replace the failed Obamacare with a substantial improvement or be doomed in 2016.

Will Republicans do something as simple as passing legislation that strips American citizens who join ISIL of their U.S. passports so they cannot return home and wage jihad against innocent men and women? Democrats refuse and Republicans can hardly afford to fail.

A couple of agenda items Republicans will fail to achieve include instituting a flat tax and passing a balanced budget amendment.

What they need to do is pass legislation reducing the corporate tax rate to be competitive with other countries so as to reduce inversion, in which U.S. companies incorporate in foreign countries to reduce their tax burden.

Inversions include maneuvers such as Burger King buying Tim Hortons, the Canadian coffee-and-doughnut chain, in which Burger King’s operations would stay in Miami and the taxable corporate headquarters of the new company would be in Canada thus avoiding U.S. corporate taxes. Lowering the U.S. corporate tax rate would de-incentivize this legal behavior.

Now that Republicans have won the Senate and the House, they need to earn their keep just as the Democrats failed to earn theirs.

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© Copyright 2014 Rick Jensen, distributed exclusively by Cagle Cartoons newspaper syndicate.

Vanderburgh County Recent Booking Report

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SPONSORED BY DEFENSE ATTORNEY IVAN ARNAEZ.
DON’T GO TO COURT ALONE. CALL IVAN ARNAEZ @ 812-424-6671.

http://www.vanderburghsheriff.com/recent-booking-records.aspx