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Politics : Formerly About Advanced Micro Devices
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To: tonto who wrote (791570)6/24/2014 10:25:06 AM
From: Brumar89   of 1579480
 
..... "Some Alaskans, including then-Gov. Jay Hammond, came to favor direct distribution of a portion of the oil revenues as a check on government growth," [ Exactly the opposite of what koan would want. ] Rasmuson told Clifford John Groh and Gregg Erickson for a summer 1983 article in The Alaska Journal. "Without such a check, asserted Hammond, government spending and lending would create a dependence which would bring a wrenching dislocation when the oil money ran out. ... Further, argued Hammond, if the distribution was paid in the form of annual dividends from the permanent fund's earnings, Alaskans would be more likely to fight raids on their savings account."
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