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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: pcstel who wrote (125671)10/29/2012 4:44:05 PM
From: koan  Read Replies (2) | Respond to of 149317
 
Well, wise guy the reason we are in such good shape is because we liberals forced the right winger in 1970's to eat a huge government socialist program called the permanent fund. And we fought them tooth and nail, blood in the streets as they hated big government.

Now we have 50 billion in the bank. If we had not done that we would be broke today like everyone else.

Texas has oil, Oklahoma has oil, LA has oil, California has oil and all the rest of them resources. WHAT THEY DON'T HAVE is a great big SOCIALIST permanent fund to save some of the resource money for the kids.

We made the right wingers put 25% of all oil revenue into a permanent fund (now 50% of all state resource income) and then we put it in the consitution that it took a 75% vote to touch the principle, we inflation it every year and we do not allow much investing instate.

The Republican's fought us every step of the way, but we controlled the house and forced (and bribed them)them to capitulate.

But it was liberals instituting a huge socialist program, something any state could do, but doesn't!, that saved our state!

<<In fact, just look at the US. The most socialist state in the union is Alaska and we are in better shape financially than any other state-----by far!

Small population and huge revenues from natural resources... Same as Wyoming. Perhaps Alaska should spread around the wealth.. You know.. As part of their Duty to Society? California could use an extra 30 Billion to pay for entitlement for illegals. Let me know when Alaska is going to send the check so I can tell Gov. Brown to expect it?

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