I have no problem with that, even if she did say it.
Apostle Claver tells the world how the real party of racism is the Democrats
Posted on 11/17/2010 12:03:13 PM PST by Kaslin
In fact, if I were a Pubbie politician, I'd BEG to be interviewed by him so I could work the same bit.
Leni
I have no problem with that, even if she did say it.
Apostle Claver tells the world how the real party of racism is the Democrats
This is the same kinda gotcha that I'd like to have at the airport, having one of these hooter's gals patting down/up my junk.
Peggy Noonan is a card carrying fruit loop.
“I really like the writing style of Peggy Noonan.”
ummm No. She writes like a bubbly airhead. She goes on and on before making her point.
The way Alaska law is written, the term tax must be used, however it is a bit deceptive. The "tax" is actually the price that the oil companies pay for the oil they extract.
She effectively raised the amount that the oil companies paid to the people of Alaska for each barrel of oil. The monies went into a common fund from which the people of Alaska recieve a payout each year. So it wasn't collecting money for government to spend, it was collecting money which ultimately gets paid directly to the people of Alaska.
The pathetic beltway insiders are trying to do to Sarah Palin what they did to Christine O’Donnell- make her seem unelectable. The problem is that Palin is a known quantity who has already survived the gauntlet during her VP run. She is likeable, versatile, and straight on message. I would pick her at the head of the current pack of usual suspects who may run for president.
Why can’t the companies keep the profit for themselves? After all, they are the ones that did all the work.
This was a very interesting point. In terms of natural resources, I'm sure California and Alaska probably equally valuable. And for good measure, let's argue Texas has the same kind of advantages. How is it then that Texas and Alaska are humming along all right but California is bankrupt?
I dont like that Sarah ends in an “H”
>>>And that check to Alaskan citizens? Sounds like welfare.<<<
I live here, so let me explain the Permanent Fund to you. First, Alaska was extremely poor before oil arrived. The folks at the time looked at the prospect of oil money and thought, “How do we make sure that we’ll have something when the oil runs out?” Up here, we know all about boom-and-bust cycles. We can also look and see what happened in other places dependent on resource development for their economy.
The state takes the oil tax revenue and puts it in three piles - one for state expenditures, one for a savings account (the “permanent fund”), and one for the citizens of the state. The Alaska constitution says that the resources of the state belong to the people of the state. The Permanent Fund has only one purpose - meaningful investment of the money so it can grow. It has to be split up into many types of investments so the whole pile can’t be lost.
As a result, here we are many decades later, and the fund itself is now worth more than the oil that comes out of the ground. That’s just about the smartest thing I’ve ever heard a government doing.
They take the other part and divide that number by the population and cut everyone a check. Most people do not piss it away. Out here in the Bush, where there was famine as late as the 1950s, people buy food, snowmachines, fuel. Instead of the state telling people how to spend their money, we get the money from the development of our resources and spend it ourselves. Everyone knows that someone had to work to get the money in the first place, and the government stays out of the way after the checks are cut.
My son has a good college account from it, BTW. So do many kids his age. It’s ain’t welfare.
Its either that or the constitution states the citizens are the owners of the resources and must be paid for the use of them.
I read about it years ago and the details are hazy.
That actually sounds reasonable. I stand corrected on the welfare remark.
The Alaska Permanent Fund Dividend Checks. We’d get over $1,000 some years; it varied, depending on profits.
So you’re more of an AOL News type of reader?
Yes, that severance tax should go to the state instead where wise politicians and bureaucrats will know best how to spend it!
See my post #53.
I like Sarah P. Lead us Madam soon to be President! Your wisdom and drive will save the Republic! If you go 3rd Party—I will follow! Pitchforks for Palin! lets clean out the corruption in Washington DC. I support her 110%
Thanks, my friend. Imagine if Texas or Pennsylvania had invested their revenue from oil after a century.
The other brilliance of the Permanent Fund is that the legislature can, if it chooses, change the way the money is distributed. Under normal circumstances, that’s political suicide, but every once in a while, very bad circumstances happen that require a ton of money. In those cases, everyone will have to agree to spend it - in other words, it’ll be a genuine crisis. (Think another Good Friday Earthquake.)
Up here, we know about being prepared. When you have to have emergency supplies and a sleeping bag in the car (in Anchorage) or a week’s worth of food and a tent on the snowmachine (out here), we like having a backup plan.
Out state also has a surplus, too.
God bless you and be well. Maybe President Palin, or someone with a genuine conservative bent, will apply this kind of thinking to the federal government. We can hope.
Nice writing, too. The connection between physical preparedness and fiscal preparedness was well said. BTW, did two weeks in AK last year. Words fail me. The waterfalls, the salmon, the mountains, wildlife, etc. Spent a few hours panning for gold in a cold rain, surrouned by mountains, 10 waterfalls on each one. Didn’t even notice the rain, it was so magnificent.
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