Letters to the Editor  Rec Ponzi scheme?  June 19, 2012   To the
editor:  Is the rec complex and the development it will foster
financially prudent?  Dolph Simons makes excellent points in his
June 16 column.  One of the first questions that must be
answered before we approve this project is, “What long-term
financial obligations would this development impose on the
residents of Lawrence and will the tax revenues from the
development cover those costs?”  The financial analysis must
include the long-term financial obligations for the roads and
other infrastructure needed to support the recreation complex
and for the adjacent commercial developments it will generate. 
Consider what the Strong Towns organization ( has shown: 
Ron Holzwarth 1 year, 6 months ago  Claiming that the proposed
recreational center appears to be a Ponzi scheme makes it rather
clear that the writer does not really understand what a Ponzi
scheme actually is. Many people don't clearly understand what
that is, that's why there are so