"There are dreams and there are pipe dreams and there’s just plain bad judgment. No business person would do business that way. You don’t put your assets out there on a fire sale knowing you’re going to have to lease them back at an unknown price."
Kansas State Representative Ann Mah (D-Topeka) speaking on an amendment by Rep. Kasha Kelley (R-Ark City) that would require the state to sell $100 million in assets, including state office buildings, by close of the 2011 fiscal year (July 2011).
Conservative Republicans in the Kansas Legislature are interested in having the state employee pension fund, the Kansas Public Retirement System (KPERS), “purchase” state office buildings. It’s another method to use hard working Kansans retirement funds to avoid raising taxes, and, take it from Ann Mah, a businesswoman before she was a state rep, it’s irresponsible.
