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Kansas authorizes $1 billion in bonds for pension system

How much does the media know about this bond deal?

Is there "insider trading" type activity? Is anyone in the Brownback administration making money on the deal?

" The state expects to earn more from investing the new funds than it would pay on the bonds."

Based on what?

April 17, 2015 at 12:18 p.m. ( | suggest removal )

Kansas authorizes $1 billion in bonds for pension system

Is Kansas being set up for a leveraged buy out scam?

This business of borrowing to cover the loss of revenue due to tax cuts is nonsense and a direct connection to supply side economics.

The cost of borrowing is more than $3,000,000(million). So how exactly does the Brownback administration expect to make money by expanding the state deficit?

Why is this administration playing Wall Street with our money?

If I were KPERS people I would be concerned there will not be enough money for one to retire
therefore will be forced to stay in the work place.

The above activity is a huge reason why Social Security Insurance and Medicare Insurance should never be turned over to right wing wacko privatizing profiteers.

The cost of turning Social Security Insurance over to profiteers is enormous. The impact of converting Social Security Insurance to private accounts means the government would have to borrow an additional $4 trillion over the next 20 years to make up the money that would be drained out of the system by private accounts.

April 17, 2015 at 11:44 a.m. ( | suggest removal )

Lawrence neighbors voice concerns over Bob Billings Parkway traffic

"A pedestrian bridge from George Williams Way across Bob Billings would also be a great thing for foot and bike traffic. Children cross at that intersection everyday and should be a priority, a crossing guard (which is what they do now) will not cut it in my opinion."

Good luck Greg ......

April 17, 2015 at 9:57 a.m. ( | suggest removal )

Lawrence neighbors voice concerns over Bob Billings Parkway traffic

The traffic will change on Bob Billings when KU sports season gets underway. And no ones knows just how dramatic. Once the SLT Trafficway is complete life will change for sure on Bob Billings.

Round-a-abouts are a great traffic calming device = slow but still moving. However to do it right the city may need to declare more right of way for a retrofit.

Good lord cars are a huge expense to taxpayers.

For one mile of 4 lanes about 250 miles of shared use pedestrian/cycling traffic way can be constructed. Hmmmmmmm

The new interchange idea and the SLT in general have been a developers delight. Not a great concept however. A bypass going out around the community would have been the smarter
choice.

Once more residential and strip malls are added to the mix traffic again will increase. All of the answers increase the cost to taxpayers over and over and over.

Where is the planning?

Food for thought:

http://www.sierraclub.org/sprawl/repo...

April 17, 2015 at 9:37 a.m. ( | suggest removal )

Opinion: Progressive gestures hurt universities

George Will. I do not undertand the university using education dollars for playing Wall Street under any circumstances.

I could understand universities using their generous donations for only educating students in order to reduce the cost of educations to our young new bright minds.

Instead what do we have in the place of helping students? Lots of loose financial institutions encouraging students to borrow beyond belief and take on debt that cannot be reduced or
eliminated in bankruptcy hearings.

http://www.motherjones.com/search/apa...

http://www.rollingstone.com/politics/...

This is far more distasteful than the two GOP home loan fiascos that get bailed out by taxpayers.

We have billionaires buying "career schools" because they intend to increase their wealth on the backs of college loans whether or not students are able to become employed or not.

FRONTLINE - http://video.pbs.org/video/1485280975/

April 17, 2015 at 7:38 a.m. ( | suggest removal )

Letter: Stagnant city

A residential base that is represented by 58% rentals is very very likely a flooded market. Which in real terms means a lot of empty roof tops/bedrooms.

As of February 2012 Lawrence had 20,720 rental units. That number of course has grown and more are on the table. Why does Lawrence need more?

Additionally KU has a ton of new living quarters under construction as we speak.

Why does Lawrence need more?

April 17, 2015 at 7:22 a.m. ( | suggest removal )

Letter: Stagnant city

The Chamber is among the least competent sources in the community. How about we slow down lots of corporate welfare to the local real estate/developer executives? Not only that there is not enough water available for more and more and more residential. Lawrence taxpayers cannot afford the draining of our wallets approach ever again:

http://www.sierraclub.org/sprawl/repo...

Not only residential at this moment in history does not pay back due to the many many services that accompany each resident.

Lawrence should understand the value in building our very own local high speed internet service to reduce the cost locally which might attract companies to Lawrence. whereby no one on the their payrolls makes less than $17.50 per hour. We don't want average hourly wages we want real hourly wages.

Voters need the right to vote on all tax dollar projects and so called tax incentives.

Lawrence does not need another new/different Lawrence Police Department location. Let's improve the existing site over time. Do it right and make it work. And Lawrence does not need $30 million $$$$ rec centers.

Lawrence does need more trained code inspectors to keep developers honest. And a city government that will back them.

April 17, 2015 at 7:16 a.m. ( | suggest removal )

Editorial: Big job

Give it time to work. The sky is not falling. We have enough competent commissioners on board to make the decision.

The Chamber is among the least competent sources in the community. They will desire someone who will promote lots of corporate welfare to the local real estate/developer executives. Not only that there is not enough water available for more and more and more
residential. Lawrence taxpayers cannot afford the draining of our wallets approach ever again:

http://www.sierraclub.org/sprawl/repo...

I want someone who will understand the value in building a local high speed internet service to reduce the cost locally which would attract companies to Lawrence whereby no one on the their payrolls makes less than $17.50 per hour. We don't want average hourly wages we want real hourly wages.

April 17, 2015 at 7:02 a.m. ( | suggest removal )

Editorial: Taxing situation

Brownback Administration Lied To Kansas About Public School Funding Cuts

Put it simply and factually: On Thursday, Kansas Gov. Sam Brownback lied to kids and educators throughout the state when he announced $44.5 million in cutbacks for higher education and K-12 schools.

Here’s what Brownback said in the first paragraph of the media notice:

“As a result of lower-than-expected sales tax revenue, Governor Sam Brownback today announced additional allotments to address a projected budget shortfall.”

In another statement Thursday, he blamed the sales tax shortfall on slow holiday sales.

But here are the facts about what really caused the education cuts (Hint: it’s the excessive income tax cuts that Brownback and the Legislature approved in 2012), all culled from Kansas Department of Revenue figures.

▪ Yes, sales tax revenue is down $13 million for the first seven months of the current fiscal year, through January.

▪ However, personal income tax revenues — some of the taxes that Brownback and his allies slashed in 2012 — already are $23 million lower than expected in predictions made just a week after the governor won re-election in November.

Add in the fact that corporate taxes are down $19 million, and those Kansas income tax receipts are $42 million lower than predicted through January — or more than three times the reduction in sales tax collections.

But there’s more.

Read more here: http://www.kansascity.com/opinion/opn...

April 16, 2015 at 6:40 p.m. ( | suggest removal )

Parks and Recreation has long list of projects that could be affected by police headquarters plan; weight room at Rock Chalk to close temporarily

—" $80,000 to replace playground equipment at Burcham Park."

Who shops for the park department? Can we say duped again?

Fast track approvals, reckless spending,short sighted design and mismanaged design based on speculation will take taxpayers nowhere except to bankruptcy court.

The city could have provided workout equipment to each home and improved sidewalks for walkers for less than 30 million tax dollars ..... so I speculate. Would save tons on maintenance and staffing. Thus far the rec center is looking more like a money hole. Best put
Bliss and its' owners on the moratorium list.

April 16, 2015 at 5:30 p.m. ( | suggest removal )