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Alaskans To Receive Record $2,072 Payout From Oil Saving Account

This is a good idea to share the wealth BUT we need to convert this into something else besides oil money. Green money ;)
 
Chomsky said:
Thank You.

At first I thought: "Well, a nice chunk of change, but nobody's going to get rich".

But with this new info, a family of 4 or 5 does O.K.!
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Alaska is a state that promotes welfare and getting rich by having lots of kids.
 
reinoe said:
Alaska is a state that promotes welfare and getting rich by having lots of kids.
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Well, at two grand a pop, it's going to take a helluva' a lot of kids to fit my definition of 'rich'! :2razz:
 
Geoist said:
This is great for Alaskan citizens. Too bad other states would consider such a program to be "too socialist."

Most Alaskans will get record $2,072 each in oil money - US News
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Thank you. Oh, thank you.

I needed a laugh tonight. Only an American would see the cash reward pay back of oil royalties as "socialism". We have one of the most aggressive free enterprise governments on the planet, who won election on a promise of "drill, baby, drill" to pay for government instead of "tax, baby, tax". Making money off resources is not socialism, it's smart business. Subsidizing oil profits as you do in the US is corporate welfare.

Thank you very much, but I too enjoy the usual $2500 tax free "resource bonus" I get each year, I like spending it too! And I get to decide how I will spend it to.
 
Fearandloathing said:
Thank you. Oh, thank you.

I needed a laugh tonight. Only an American would see the cash reward pay back of oil royalties as "socialism". We have one of the most aggressive free enterprise governments on the planet, who won election on a promise of "drill, baby, drill" to pay for government instead of "tax, baby, tax". Making money off resources is not socialism, it's smart business. Subsidizing oil profits as you do in the US is corporate welfare.

Thank you very much, but I too enjoy the usual $2500 tax free "resource bonus" I get each year, I like spending it too! And I get to decide how I will spend it to.
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Yes, giving everyone an equal ownership share in the natural resources is not socialism at all :roll:
 
Fearandloathing said:
Thank you. Oh, thank you.

I needed a laugh tonight. Only an American would see the cash reward pay back of oil royalties as "socialism". We have one of the most aggressive free enterprise governments on the planet, who won election on a promise of "drill, baby, drill" to pay for government instead of "tax, baby, tax". Making money off resources is not socialism, it's smart business. Subsidizing oil profits as you do in the US is corporate welfare.

Thank you very much, but I too enjoy the usual $2500 tax free "resource bonus" I get each year, I like spending it too! And I get to decide how I will spend it to.
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Yep. Most people like government handouts. It's just the dishonest ones that claim they're conservatives.
 
If those people can survive the extreme conditions up there, they deserve all they can get.
 
Threegoofs said:
I bet you say that about people living in really tough and run down inner city neighborhoods too.

Oh, wait...
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You really don't see the difference? Wow.
 
Fearandloathing said:
Making money off resources is not socialism, it's smart business.
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In a truly capitalist system, corporations get to buy/own the land they drill, remain untaxed/unregulated, and keep all the profits for themselves.

This is not the case with Alaska.
 
Threegoofs said:
Still not sure why Alaska owns the land, and not the US.

I mean, we bought it from the Russians, right?
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The Fed does not own any of the State's land. That goes for every State. Each state is a sovereign state within the union.
 
Threegoofs said:
Still not sure why Alaska owns the land, and not the US.

I mean, we bought it from the Russians, right?
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yeah I'd say "we" owned it when it was a territory, but when it became a state it became just like Virginia or Oklahoma or anywhere else - like as far as I know the federal government does not own Kansas.
 
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