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Present Value of the EarthCare Energy Proposal

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If one takes the proposal made to the City of Evansville at face value and calculates the present value of the cash flow that they are proposing of $2.5 Million per year for 15 years at 6% interest the present value calculates to just over $25,000,000 (that’s $25 Million).

The City County Observer is quite interested in the reason why some crafty private investor that has the ability to technically vet this proposal has not jumped all over an opportunity to make $25 Million from a $5 Million loan right now.

Doing the math another way one can ask for a present value of $5,000,000 and a 15 year annual payout of $2,500,000 per year what is the interest rate? The answer is 100%. The question is then if this proposal is to pay a return on investment of 100%, why has some private investor not come forward to accept this return?

IS IT TRUE that we wonder if the Finance Chairman of the Evansville City Council, Mr. John Friend, CPA is asking these questions before a competent board of advisors?…that we furthermore wonder with such a magnificent ROI if Councilman Friend would advise any of his private clients to get in on this action?

USI students excel at National Collegiate Sales Competition

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The University of Southern Indiana Professional Selling Team competed in the 2012 National Collegiate Sales Competition (NCSC) at Kennesaw State University in Georgia March 2-5. Two USI seniors, Lucas Ball and Cody Sharkey, competed against 126 students from 64 universities across the United States and Canada. The team finished in the top 50 of all competing universities.

“The purpose of the NCSC is to encourage students to strive to reach their unimagined potential,” said Chad Milewicz, team coach and assistant professor of marketing. “The students who pursue that challenge are rewarded with potential job offers and a powerful learning experience that will stay with them the rest of their life.”

Inaugurated in 1999, the NCSC hosts the top collegiate sales students and faculty from the most elite sales programs in North America. The largest and oldest sales role-play competition in the world is sponsored by national and global companies who recruit students at the event. The 39 companies sponsoring this year’s event put on a two-day private career fair for participating students. Event director Dr. Terry Loe said that about 70 percent of students who attend leave with job offers.

Students compete over a three-day period as sales consultants in a series of role-plays. “USI helps us develop the necessary skills to be successful, and the NCSC gives us the opportunity to showcase those skills at a national level,” said Sharkey.

Ball, Sharkey and alternate team member Adam Kaps were recruited for internships and job opportunities by global organizations such as Tom James, UPS, and Vantive, and national companies such as Wyndham Vacation Ownership and Cox Media Group.

“The 2012 NCSC offered invaluable experience not only to the competitors, but to the alternates as well,” said Kaps. “Aside from actually competing, I was able to observe and participate in role-plays with the USI team leading up to the competition, and make connections with professionals from multi-million dollar companies.”

Applications to join the 2013 USI Professional Selling Team and take part in the NCSC career fair are available and can be obtained by contacting Milewicz at cmmilewicz@usi.edu.

Mayor’s Optimist Club Appearance

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Mayor Lloyd Winnecke will be the guest speaker at a meeting of the Evansville Northside Optimist Club
on Thursday, March 15, at noon at Wolf’s Bar-B-Q Restaurant, 6600 N. First Ave. Mayor Winnecke
will talk about his first few months in office and share information about a financial education initiative
targeting teens hired through the city’s Summer Youth Employment Program.

Optimists International is an association of more than 2,900 Optimist Clubs around the world dedicated
to “Bringing Out the Best in Kids.” The Evansville Northside Optimist Club is currently recruiting new
members. For information on membership, contact Linda Freeman-Schaffstein at 812-963-1976. For
more information on Optimist International, visit http://optimist.org.

IS IT TRUE: March 13, 2012

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The Mole #??

IS IT TRUE: March 13, 2012

IS IT TRUE that the ink is barely dry on the “almost” comprehensive smoking ban that was passed by the Evansville City Council and there are already two legal challenges being brought against the City of Evansville and the City Council?…that the basis for the suits that has real merit is the exemption that was carved out for the gaming floor at Casino Aztar?…that of course both suits have other claims of “freedom of assembly” and “right to smoke” to cloud the air but those kinds of suits have been struck down by courts all over the country so many times that the precedents are on the side of the City and its Council?…that the City County Observer predicted this would happen on the basis of the alleged “capricious and arbitrary” granting of an exemption based on the magnitude of tax dollars that Aztar pays to the city?…that the only real cognitive argument that the City of Evansville will have that may have legs is that their decision on the Aztar exemption was not ”capricious and arbitrary”?…that the tobacco games are about to begin in Evansville so get your popcorn and enjoy the show?…that as the little Koala Bear says in “Rescuers Down Under” “THIS OUGHTA BE RICH”?

IS IT TRUE that Louisville tried the whole give and exemption to a legacy business that howled that they would go broke if smoking were banned thing and lost in court?…that Louisville carved out an exemption for Churchill Downs and were sued on the basis of “unequal protection” and lost the case?…that the eventual result was a non-smoking Churchill Downs along with the other businesses in town?…that the Evansville City Council knew this full well when they embarked on a trip down the same path?…that even though two members of the City Council voted against the smoking ordinance that the precedent of Louisville never came up in the discussions and neither did equal protection?…that there is no justification for the City Council having gotten itself into this predicament?…that what has to happen now to get the equal protection dilemma relieved is either Evansville will return to its old ways of not protecting workers and will once again be a smoker’s paradise or the next step will be taken to go comprehensive with the smoking ban with no exemptions?

IS IT TRUE that won’t happen so fast because the Indiana State Legislature in all of its wisdom has passed an even more watered down version of a smoking ban that allegedly prevents cities from banning smoking on a casino floor?…that the reality of this situation is that the State of Indiana may have just passed an unconstitutional smoking ban to complement the one that Evansville is being challenged for?…that the City of Evansville may have painted itself into a corner that only leaves it an “all or nothing” option except that the all would violate Indiana’s weak ban?…that would leave Evansville by virtue of the timing and the exemptions with a NOTHING option unless they learned attorney for the City of Evansville can prevail over the “capricious and arbitrary” assertion?…that the days, months, and years that follow will be most interesting in this place that seldom has the courage do what they knew or should have known to be the only defensible action available?

IS IT TRUE that even in the now 24th year of a statewide comprehensive smoking ban in the State of California that gaming floors in casinos allow smoking?…that back in 1988 when the ban was passed there were no casinos in California?…that the way that this happened is because only Indian Reservations can host gambling houses?…that Indian Reservations are considered for these purposes to be sovereign nations and get to make their own rules with respect to smoking just like the states?…that the tribes by choice or to appease market forces only allow smoking where the gaming is taking place and not in the common areas of their facilities?…that maybe that is a solution for Indiana if the state and its cities can’t muster the courage to choose as many other states have already done?

One Flew Over the Cuckoo’s Nest @ Evansville Civic Theatre

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A hit novel that became a hit play that became a hit film! Jack Nicholson played the leading role of McMurphy in the movie as a charming rogue who pleads insanity to get out of his latest prison sentence. Unfortunately, his plan backfires and he is sent to a mental institution where he clashes head on with a fierce disciplinarian by the name of Nurse Ratched. McMurphy and Ratched compete for the hearts and minds of the other patients in a power struggle of wits and charisma versus smarts and tyranny. He leads his fellow patients out of introversion, stages a revolt so that they can see the World Series on television, and arranges a rollicking midnight party with liquor and loose women. The play stands as one of the finest dramatic and heart-wrenching scripts in modern theatre and culminates in both a shocking yet somehow sweet ending. (Contains some adult language)

Department of Creative Writing Announces New Harlaxton Summer Writing Program for High School Students

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Faculty members from the University of Evansville’s Department of Creative Writing are pleased to announce the creation of a new program for high school students. The Harlaxton Summer Writing Program for High School Juniors and Seniors will give promising students the opportunity to work with experienced authors to further their craft and their global curiosity.

The first session is scheduled for June 13-28, 2013, at the University of Evansville’s British campus near Grantham, England.

“Since 2005, the Department of Creative Writing has hosted summer writing programs for undergraduate and graduate students at Harlaxton College, so we’re excited to build on the success of this tradition by creating a new session specifically for high school students,” said Rob Griffith, Summer Writing Program director and UE associate professor of creative writing. “The opportunity to live and study in a historic manor house, work with notable British and American faculty, and explore England’s rich literary history through travel is an unparalleled opportunity for young writers.”

During the program, students will attend discussions about British literature, history, music, and art, then take field trips to see plays and visit landmarks about which they have learned and read — including the cities of London, Stratford-upon Avon, York, Cambridge, and Lincoln. Students will also write about their study abroad experiences and discuss their work in writing workshops and personal conferences with faculty members.

Students entering their junior or senior years of high school are eligible to apply for the program. An application is available online online and must be accompanied by up to two poems or 10 pages of prose.

Pancakes with the (USI) President

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Join the USI Student Alumni Association for Breakfast with the President from 7:45 to 8:45 a.m. Tuesday, March 20, in Carter Hall in the University Center. The breakfast will be a pancake, sausage, and fruit buffet.

This annual tradition allows students the opportunity to discuss campus issues and concerns while having breakfast with President Linda L. M. Bennett. All students and employees are welcome and encouraged to attend.

A panel of USI students representing eight organizations will ask Dr. Bennett a series of questions about the University and campus policies. The 2012 panel includes Jordan Whitledge, Student Government Association; Sarah Aydt, Activities Programming Board; Kurtis Kelley, Black Student Union; Lauren Reckelhoff, Panhellenic Council; Katie Webster, Student Housing Association; Brenda Ramirez, Latinos – Hispanic Student Union; Mark Furman, Interfraternity Council; and Blake Frazier, Student Ambassador Organization.

Breakfast is free for all students who attend. Students with a valid Eagle Access Card may pick up a free ticket at the Alumni & Volunteer Services Office, located in University Center East next to the Bookstore. Others may call 812/464-1924 to make reservations ($8 per person) for the breakfast. Reservations are required.

VHS Pet of the Week: “Juju”

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JuJu is a 1-year-old DSH. JuJu certainly lives up to her diva status as a Torti. She’s feisty and playful. She will make an excellent addition to a multi-cat home but she can also find things to entertain herself so if she is an only cat, she wouldn’t mind. A couple of kids would be most welcome. JuJu loves to sneak up on things and pounce so her new family needs to be stocked up on cat toys before she comes home. For more information, please call 812-426-2563.

JEFFERSON STARSHIP TO LAND IN LOUISVILLE MEMORIAL DAY WEEKEND

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FOR IMMEDIATE RELEASE

Contacts:
Jennifer Montgomery, jennifer@m2maxmedia.com, (502) 418-6819
Ali Shaw, ali@m2maxmedia.com, (502) 262-8580

JEFFERSON STARSHIP TO LAND IN LOUISVILLE MEMORIAL DAY WEEKEND

Louisville, KY (February 7, 2012) – Organizers of the WHAS 11 Abbey Road on the River festival are pleased to announce that Jefferson Starship, the band that descended from Jefferson Airplane and was created by Rock & Roll Hall of Fame inductee and Jefferson Airplane founder Paul Kantner, will headline the 5-day event with their 2000th performance on Saturday, May 26th at 9:00pm. Jefferson Starship will perform on the Main Lawn Stage, allowing all Saturday ticketholders access to the show. VIP ticket packages to North America’s largest Beatles tribute festival are available online at www.arotr.com.

Jefferson Starship’s show will honor the band that they are so often compared to – The Beatles. Both Rock and Roll Hall of Fame bands have had an influence and impact on rock music that continues well into the 21st century. Their performance will take the audience back to the 1960’s era of music with their rendition of Beatles hits and their own chart toppers like “Jane,” “Somebody To Love,” “Miracles,” “White Rabbit,” “Volunteers,” “Count On Me” and many more.

This will mark the 11th year of Abbey Road on the River in Louisville, which takes place over Memorial Day weekend at the Belvedere and Galt House Hotel. From May 24th through May 28th, more than 60 bands from around the world and all across the United States will “come together” to perform on 8 indoor and outdoor stages for more than 25,000 fans. Returning fan favorite bands in the line-up for 2012 are Hal Bruce, All You Need Is Love, Abbey Road LIVE!, Apple Core, BritBeat, Lucy in the Sky, The Elliotts, The Newbees, The Norwegian Beatles, The Yellow SubMorons, and The English Channel. Several first time bands are scheduled to perform, including The Brothel Creepers from Bologna, Italy, Meet the Beatles from the U.K., The Hollywood Beatles from Southern California, The LSB Experience from The Netherlands, and The Cavernites from Liverpool, England. Festival goers can also enjoy free guitar lessons, Beatles film screenings and presentations, Beatles karaoke, a costume contest & parade, and a Beatles merchandise marketplace.
After kicking off the summer in Louisville, the festival will once again travel to Washington, D.C. to close the summer with a 5-day show over Labor Day Weekend, August 30th -September 3rd. The Gaylord National Resort and Convention Center at National Harbor will host thousands of fans celebrating the Fab Four on the banks of the Potomac River in our nation’s capital. VIP tickets and hotel reservations for the Washington, D.C. festival can be purchased at www.abbeyroadontheriver.com.

WHAS 11 Abbey Road on the River, a four-time winner of the Kentucky Travel Industry Association’s Top 10 Spring Festivals, is sponsored by 84-WHAS, 95.7 WQMF, Sports Radio 790, The Galt House Hotel & Suites, Kroger, the Louisville Convention & Visitors Bureau, and Louisville Magazine and Louisville.com, with additional support from Gretsch Guitar, Republic Bank, and MillerCoors. Visit www.arotr.com to purchase festival tickets, make a reservation at the Galt House Hotel, and get more information about Abbey Road on the River, Louisville and Washington, D.C.

City and City Council Getting Sued Over Smoking Ban Exemption

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Attorney Les Shively who recently made the short list as a candidate for the Indiana Supreme Court has filed a lawsuit against the City of Evansville and the Evansville City Council seeking exemptions to the recently passed smoking ban for a roster of his clients including two local VFW posts, American Legion Post 265, Owls Nest No. 30, the River City Eagles, the Riverbend Association, and the German Maennechor.

In a similar action in Louisville, Kentucky a group of clubs brought a lawsuit against the City of Louisville for exempting Churchill Downs on the grounds of unconstitutionality and prevailed. The outcome was not what Mr. Shively is seeking though, the outcome in Louisville was a judicial determination that the exemption for Churchill Downs was struck down resulting in a comprehensive smoking ban.

In a separate action Attorney Charlie Berger has filed a similar suit representing “bar owners”

It shall be iteresting to watch this proceed as such a determination may also strike down the recently passed statewide smoking ban in the State of Indiana. Is it true that this action was predicted by the CCO back on Feruary 14th.