Letters to the Editor

Make some sense

February 1, 2012

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To the editor:

Does it make sense for the U.S. to borrow another $1.2 trillion so that it can give funds to the International Monetary Fund to bail out Europe, thus, allowing those countries to defer the hard economic decisions we all have to make?

Does it make sense to pay somewhere between $200,000 and $700,000 to create one job that pays $50, 000 to $70,000 and whose permanent status is speculative, at best?  Who, outside of the statehouse, believes that political appointees have the experience and expertise to be investment bankers and venture capitalists?  Is it a wonder that there are conflicts with the Kansas Bioscience Authority?

Does it make sense to use reserve funds to increase allocations to education? But, where is the plan to replace those funds once gone and to continue that level of funding once the money runs out? Are we just putting off today’s reality until tomorrow?

Tell your representatives at the local, state and federal level that this community, state and country will not be able to aid or support anyone if it does not get its fiscal house in order.

Comments

Flap Doodle 3 years, 3 months ago

The Mope wants to help his failing socialist comrades.

cubs1969 3 years, 3 months ago

Even a cursory review of the Kansas Bioscience Authority (KBA) website and the forensic audit would help those following this controversy to see that KBA has been hugely successful in growing the bioscience industry in Kansas. So successful that Missouri and other states have developed similar initiatives modeled after the Kansas' KBA.

In my opinion, what we have is a political agenda that seeking to bring down the KBA (developed under a democratic Kansas Governor) using innuendo, hearsay and manipulation of the facts (half-truths). Yes, the KBA has not been perfect and their previous executive made some mistakes, but the $1 million audit demanded by Governor Brownback and Senator Susan Wagle resulted in only $5,000 being returned to the State and at the same time offered many positive comments about this critical mechanism for business growth.

The $1 million has been spent, the forensic audit has been completed, and enough has been "spin-doctored" in the media. Let Kansas and a better and stronger KBA get back to business.

PS The accusation of a $700,000 cost per job created is an inaccurate and contrived figure. Also, remember that many of the firms KBA has assisted will develop new jobs over months and years, and receive funding from KBA ONLY AFTER promised milestones are kept.

Armstrong 3 years, 3 months ago

As election time draws closer Big Dadddy will be " giving " out money ( our money ) hand over fist to buy another term.

downriverdan 3 years, 3 months ago

1/4 of all US exports go to the EU. If they fail, we fail. Who cares? Large corporations care deeply and they are the ones with unlimited votes.

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