SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (117574)3/27/2016 7:24:14 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 217615
 
I suspect Alaska could reduce the Permanent Fund Dividend it pays each family in Alaska.



To: Snowshoe who wrote (117574)3/28/2016 1:48:22 AM
From: elmatador1 Recommendation

Recommended By
GPS Info

  Respond to of 217615
 
China is living its Brazil moment. Not visible as it is not an open society.

Tycoons and influence pedlers are being arrested.
nytimes.com

Calls for resignation of Xi Jinping
ibtimes.co.uk

This is 1988. 1989 Berlin wall fell. Now China dismantling and move into China light.

Europe has a long history of witnessing political landscape changing. They change to survive
China does not have that kind of database of past upheavals. It leadership does not know what to do.

China has obviously a long history but it is too close into itself to be of use to guide the nation to a new direction.



To: Snowshoe who wrote (117574)3/28/2016 12:47:58 PM
From: koan  Respond to of 217615
 
Great chart, thank you very much.

And think about how stupid the people in Alaska were to vote to give those tax cuts to the oil companies. The oil companies told us it was in our best interest to cut their taxes and the majority of people in this state believed it. That has got to be the most amazing exercise in stupidity I've ever seen in my entire life-lol.

Can you ever imagine the oil companies coming to us and saying we think you should raise our taxes-lol.

And you know who led that fight to cut taxes on the oil companies. Who has led all of the fights to cut the taxes on the oil companies. It is been the Republicans, every single time.

In a state like Alaska where the oil companies are the dominant power, we have to be vigilant in our control of them because they're going to take everything from us they possibly can.

As you probably know, in the last few years a dozen legislators have been indicted or convicted for bribery and every single one of them has been a Republican.

As well, the last time I looked 20 legislators took over $10,000 in campaign contributions from the oil companies and 19 of them were Republicans and only one was a Democrat from some rural area and the oil companies will never own one of those folks.

The oil companies and the Republicans fought the permanent fund which is the only thing saving us now. The oil companies because they didn't want people thinking about putting money into something that might affect their taxes, and the Republicans because they are doing the bidding of the oil companies and they don't like big government anyway.



To: Snowshoe who wrote (117574)3/28/2016 12:52:30 PM
From: koan  Read Replies (1) | Respond to of 217615
 
I don't think the entire state can smoke our way out of the decline in oil prices. I am only talking about Juneau, which is a story unto itself. In Juneau we are so small, and we have so little land left and we are so connected as a regional center and as a bedroom community of the Pacific Northwest, it looks like we're going to be fine no matter what happens.

We've already lost a couple of hundred jobs, but as I keep saying our housing market is hot as a pistol.

But I do expect trouble in places like Anchorage and Fairbanks and the rest of the state for that matter. I think Juneau is going to turn out to be a different story because the micro economics is different than the rest of the state.