Posted on 11/17/2010 12:03:13 PM PST by Kaslin
I like Kim Strassel and the other op-eds in the WSJ.
I think Peggy Noonan is a smooth writer, too. The key to her, I think, is that she always writes about herself. When her good qualities come out, that makes for writing I enjoy. I liked her articles after 9/11, about how New Yorkers were coping, and I liked her book about Pope John Paul II.
However, when she’s writing about herself and “herself” is envious and spiteful, it’s obvious to every reader. Personally, I would not want to expose myself in that way.
LOL! I was going to zing you but then used the dictionary to find out that word. Excellent job!
“Peggy Noonan and Kathleen Parker are jealous RINOS. They can go pound sand.”
Parker was okay at one time. I think she got that “mental-pause” thing.
Actually, Texas does have a fund -- the Permanent University Fund that is funded from state severance and royalties.
When the Republic was young it had only land for wealth and so sold the land. There is very, very little state land other than water bottoms and school lands in Texas; and the only federal lands are associated with military installations and the Outer Continental Shelf.
Such income as there is goes either to the PUF or the general revenues, where, yes, the legislature spends it.
The money is not distributed to citizens, but in the past it has mollified the need for other taxes. Texas has no personal income tax, only property and sales taxes, and severance taxes on oil production.
Good article!
She certainly is.
Thanks for the little lesson in Texas history. It seems like the idea of a “permanent fund” has a pedigree.
One of these days, when we retire, we’d like to settle down there in the hill country. I imagine that the garden would do well there.
Be well.
“President Palin is ineluctable”
Nice ... :)
Reminds me of the Hillary soundbite Rush plays...not good.
The oil belongs to the people of Alaska. They should be able to charge the market value for it. The oil companies then have the choice to buy the oil or not. That's how the free market works.
If you owned a forest and allowing a timber company cut down and take the trees, you would charge the timber company for each tree they take. If the value of the trees in the market went up, you would increase the price to the timber company whenever your current contract expired and a new on is signed. This is the same thing that Alaska did, only the way their law is written, it is called a tax. A poor choice of words since it is really the price of buying their oil.
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