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Politics : Sioux Nation
DJT 10.93-3.3%3:59 PM EST

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To: Wharf Rat who wrote (159702)2/4/2009 2:23:31 PM
From: koan  Read Replies (1) of 361490
 
The Republicans love to find reasons to slash government programs. The truth of the matter is that we have tons of money in different accounts outside the permanent fund, billions, and oil will be back up soon enough.

Peak oil and India and China will ensure that happens.

We also have another 100 billion barrels of heavy oil overlying Prudhoe Bay and West Sak, plus an infinite amount of Ng when they build that pipeline.

Last year saw more activity on the north slope than in the last 30 years. We have no real financial worries.

Liberals set us up in the 70's with that permanent fund, when we controlled the legislatrue and made the right wingers save 25% of the oil profits for the children.

Right wingers wanted to spend it all but we prevailed.
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