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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: arno who wrote (143070)	8/25/2010 7:33:39 PM
From: Cogito	Respond to of 540841

>>Actually, the funds don't come from the State Government. The Permanent Fund checks are derived from oil leases and royalties from oil companies.<< Yes, I know. They are part of the deal between the State Government and the oil companies, and they are paid out by the government. In any case, it's essentially free money Alaskans get for being residents of the state, where as Social Security and Medicare are paid for by the contributions of the people who receive the benefits. For the record, I am absolutely in favor of citizens receiving a share of the profits generated by selling off a state's natural resources. It should be the rule, rather than an exception.