you are a knucklehead........I mean that in the kindest sort of way!;)

It is fairly obvious that Alaska with its minute population and wealth of natural resources would ask that companies that are making tens of billions off of those resources share a tiny sliver with the citizens is completely logical . What appeals to me about the law is the people get the money directly as opposed to just straight taxes that the govt gets to chew up. But hey it Sarah Palin, so it must be a secret plot of some sort.

A conspiracy...yeah, that's the ticket!:eek:

Yeah. If you are a Communist ;)

you are a regular "Rorshach" test aren't you? Buzz words just flying around in there.....

What do you call it when the government makes a law that says a particular private corporation has to share their profits when the general citizenry?

If Obama did this, heads would actually spin right off and roll down the right side of the aisle :D

Please consider using your energy explaining to Exxon that the law was unconstitutional and should be struck down!....Oh....somebody prolly already tried that!:rolleyes:


blame it on Alaska,Riot!

Alaska ... home of big socialist entitlements ;)

well, granted you have the lib terminology down pat!;)

No secret plot. Palin knows big business like the back of her hand...wait...front of her hand.

Anyway, regardless of your attempt at spin, the idea is socialistic. Now, are you a Republican or a Conservative? Obviously, this paragraph shows that you aren't too much of a conservative.

:tro:
I cant get enough of this stuff!!

:tro:

http://www.pbs.org/wgbh/amex/pipelin...ts/e_fund.html

an explanation of the alaska permanent fund. i don't quite understand tho why a dividend is paid to each citizen, but i guess it's that states business.

"Because to each according to his need .... ;) "

This is hardly socilistic.

Almost all Alaskan oil production is on state-owned land, so the state receives revenue from four different sources: production tax, property tax, royalties and corporate tax. In 2006 alone, the state will get $3.4 billion from oil and gas. Those revenues go directly into a general fund to be used for roads, health care facilities, schools and other social services. However, at least 25 percent of all mineral royalties is deposited into the Alaska Permanent Fund, a kind of savings account for future generations of Alaskans

Why don't you give it up before you show yourself to be even further to the left than either me, gb or God. I know its late but read what you are typing. And if you don't understand it, you should just anyway.

Wow … Cannon getting his clock cleaned by these women … again…

Hey, in his defense there are few times when Chuck is wrong and "gets his clock cleaned." Though, in your defense, this was most definitely one of them.

What I gathered here is that Chuck is a socialist, loves re-distribution of wealth away from corporations and to the people based around states redistributing that how they see fit (states, not the federal, god forbid!), and therefore we should really count on him for support going forward with all these Socialist things on our agenda.

so let me get this straight; constitutionally mandating that a portion of the royalties from oil leases must be set aside and saved so that you end up with a huge rainy day fund that insulates Alaskans from the prospect of those oil revenues shrinking or disappearing some day, so large in fact that they can even pass on a percentage of the excess earnings directly to the people so they can do with it what they please, and not blowing it on billion dollar international airports for every city of 500 people, this is now what is considered socialism? holy cow, sign me up then for some of this Alaskan socialism.

The truth is this program sounds more like sound fiscal conservatism. the private oil companies make a profit, Alaska funds their general fund through the taxes, they provide for the future by saving the royalties, while sending a dividend from the royalties to the current residents (not means tested either).

You have collective ownership that taxes and then redistribution is one of its main purposes.

Holy cow...jeepers batman...arl jim is a socialist as well.