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1 posted on 01/05/2009 6:17:33 PM PST by earmarksrus
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To: earmarksrus

Constructive


2 posted on 01/05/2009 6:20:59 PM PST by earmarksrus
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To: earmarksrus

Flint Hills could be Palin’s bailout moment? HMMM.


3 posted on 01/05/2009 6:37:08 PM PST by joesbucks (Sarah Palin: "I believe John McCain is the best leader that we have in the nation right now,)
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To: 2ndDivisionVet; 4woodenboats; acapesket; AFPhys; Amityschild; aynrandfan; backhoe; beckysueb; ...
You might as well hit the bathroom now... it's going to be a long one :DPalin ping

You know I try to read both sides of an issues, even when it comes to Sarah (well I have to for most cases read the other nationwide and local), but so much of it is driven by almost an incessant need to tear this woman down I can't take it as anything, even adding a ton of grains of salt. However, this article is different, and rarity, something I have been looking for. Because as much as I love Palin I understand that she's human, just like the rest of us, and to know a person you need to know both the good and the bad. This article does this in love, not seeking to effigy a seemly good politician.

Next we have two articles that managed to cover anohter controversy about Palin. First we have an officer stating that politics got in the way of the arrest of Levi's mother. Then two days later, they refute it.../sigh

You mess with the grizzly, you get the claws.

Wow. I think I got pinged three times about this interviewThank who did btw. Great interview I've seen with Palin, bot in in written and audio form. This interview really is a canidad interview about some of the issues that both I and others would want to know about her.

People are video clip with Palin from a KTUU, a local NBC channel, about the election and goes very much more in depth into Palin running for President. I didn't get to finish (I've got 20 minutes to finish this and five minutes to get dressed), but what I got through was great!

Did I talk about Palin speaking at CPAC this year? Well if I didn't she is. btw if anyone going to coming from the south to see this? I would love to hitch a ride with anyone (Sorry I can't drive, and this is my main form of trans. I'd be willing to put in lots of money for gas :D)

We also two polls to Freep. Again I was pinged about this one (Thank ya'll again :D You make my day better) called the Weblog and how Andrew Sullivan, the man who was one of the main pushers of Trig not being Palin's son. Well he's winning in the best blog, and the only blog that is semi-conservative that has a chance is Hot Air. So go to the site and vote for Hot Air. Next one is from Greatwire on who you most admire.

I"ll get the rest which is just a couple up by the end of the day (I have to go now, Mom calling). Sorry about being so late, doctors, dentists and addiction giving up and feeding were the problem.

5 posted on 01/10/2009 8:14:22 AM PST by Toki ("Palin Pingers" Freepmail Liberity Rocks or me to get on the list today!)
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To: earmarksrus
Well, the Wall Street Journal seems to think that ACES was a brilliant idea. They wrote a very good article about it. Here is an excerpt:

A few years ago, Alaska had a big problem. Despite high oil prices, the state's fiscal future was in peril because the state relies on only three aging oilfields for 80% of its oil and gas tax revenue.

In 2006, then Gov. Frank Murkowski, a Republican, proposed changing the state's tax on oil from a gross-revenue to a net-revenue basis. Instead of creaming 10% off the top -- which was how the mature oil fields were taxed -- Mr. Murkowski pushed to tax oil companies on their profits only, at a rate of 22.5%. The change in tax regime was meant to encourage investment in and development of new fields.

In effect, the state would become the oil companies' development partner. It would participate in the upside of oil and gas exploration, but only after the companies had recovered the enormous upfront costs of drilling new wells.

These costs are considerable. In Alaska, the locations are remote, the climate is extreme, the infrastructure mostly nonexistent, the environmental rules the strictest in the world, and there is only a short work season of three or four months a year. The costs make any project very risky.

Mr. Murkowski's plan turned into a disaster. It depended much on trust, but it lacked the transparency and predictability needed to win public confidence. One year after it went into effect, the Petroleum Profits Tax brought in far less revenue than expected and the state suffered a revenue crunch.

Somehow, the legislature had never properly defined accounting procedures and permissible deductions -- and the deductions came in much higher than expected. Meanwhile, as the shortfall appeared, a number of state legislators were on trial, under indictment, or under investigation for bribery by the FBI. These included some who should have done due diligence for the taxpayer on the proposal they enacted.

As a new governor in 2007, Mrs. Palin stepped in to address the fiscal crisis and restore accountability. Working with Democrats and Republicans alike, she chose a 25% profits tax. But in lean years the state reverts to a 10% gross revenue tax on legacy fields that do not require massive continuing inputs of new capital.

Relative to the old system, Mrs. Palin's plan -- called "Alaska's Clear and Equitable Share" (ACES) -- improves incentives for developing new resources. It ensures the state does well in boom times -- as it is doing now -- when oil prices are high. But it also hedges against low prices in the future by ensuring that oil companies exposed to commodity price swings don't face a crushing tax burden when commodity prices fall.

Her plan includes an escalator clause that gives the state a larger share of revenues when oil prices rise. This is common to production-sharing agreements all over the world.

That's just the country's leading financial newspaper. I'm sure an anonymous blogger who joined Free Republic very recently (i.e., just in for the astroturfing election season) knows much more than they do.

6 posted on 01/10/2009 9:24:34 PM PST by GipperGal
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