Pay their inflated gasoline, diesel and fuel oil bills.
Posted on 10/10/2011 6:19:44 AM PDT by Libloather
Alaskans get $1,174 checks from state's oil wealth
The Associated Press
Oct 06, 2011
ANCHORAGE, Alaska - Most Alaskans will be getting $1,174 in Permanent Fund dividends on Thursday.
**SNIP**
Voters passed a constitutional amendment in 1976 to establish the Permanent Fund as a way to stretch out the state's oil wealth for future generations.
(Excerpt) Read more at mobile.newsminer.com ...
Wonder what everyone is gonna do with that extra 3 bucks per day?
Wowzers!
This is so wrong.
Alaskans should be sharing the funds with the rest of the country.
(do I really need to put the /s tag on it?)
LLS
What was even more upsetting, was all the people here who kept repeating this lie and refused to listen to, or attacked anyone who pointed it out.
I especially like this comment: « Stir_the_pot wrote on Thursday, Oct 06 at 05:22 PM »
Too bad the republicans are continuing to maintain every policy they can to destroy the economy. If they didn’t, the checks would likely be $11,000 instead of $1100.
Fairbanks Daily News-Miner
With comments like this one, Alaska is not the same place I used to live in back in Prepipeline days of yore. Kind of true for every newspaper comments section from sea to shining sea. They seem to attract the true nut jobs.
They would have to live up here a year before they get the first check... you can keep them down there.
Another Palin dividend!
Time to join Occupy Anchorage!
Well, maybe next summer...
That’s nice. All I get here in Maryland is higher tax’s so they can give the money to Casa De Maryland.
“This is so wrong.
Alaskans should be sharing the funds with the rest of the country.
(do I really need to put the /s tag on it?)”
I was just thinking this has to make Hussein really mad whenever he hears about it. His handlers have to had time to try to figure out how to steal it.
How about this for a scenario. Alaska secedes from the union, elects Sarah Palin president and becomes a leading oil exporting country. Maybe that’s her secret plan. Maybe all us Palin supporters need to move up there and secure that border.
You lived during yore? It maybe spelled 'your' now - eh?
Pay their inflated gasoline, diesel and fuel oil bills.
The money that started and adds to the permanent fund is from a portion of the royalties paid for the State Owned mineral rights.
This is not from the additional taxes, like the PPT or the ACES.
Also, most of the money now paid to Alaskans is actually dividends/profit from the large fund built up over the years. Each yearly oil payment is only about 20% of the dollars they receive.
The fund was set up so they could only payout about half the earnings and revenue. That way the fund continues to grow and will be a payout for the future.
Governor Palin did nothing to create or alter this fund and payment.
The taxes she raised go only to State Government spending. The permanent fund and the associated yearly check result for both oil royalties (which Gov. Palin did not change) and the investment of those dollars.
Don’t look at it as $3 p/da but almost $1200 per/annum. And just think there are a number of other states who could do the same if they were as smart as Alaskans. Drill baby, drill!!!!
How old do you think Palin is?
With a girlfriend (soon to be fiancee :) ) up there, I travel to Anchorage @ 8 times per year..... Gas is sig more expensive and it is NOT easy living from about now through April/May.
Having said that, I have absolutely no problems with the residents getting a yearly stipend. One more item, they need to be residents for 2 years ( I believe) before one is eligible for the dividend.
MFO
Only if they confiscated the already private owned mineral rights. Alaska was set up such that the State owns all the mineral rights outside of the Federal or Native owned lands from the beginning.
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