Deciding whether the state can afford to take $6 billion from the permanent fund will be a major decision for the next Legislature. But it shouldn’t be a difficult one because the withdrawal should only be about half that amount.
Read MoreAlaska oil hit $85 a barrel on Oct. 3, but the price is now below $70 per barrel. President Donald Trump wants to see it keep falling: "Hopefully, Saudi Arabia and OPEC will not be cutting oil production. Oil prices should be much lower based on supply!" he wrote on Twitter.
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Based on his history, former Rep. Dick Randolph would like nothing better than radical changes in the Constitution so that state resources will be handed to private companies in the interest of fighting socialism. Whether Dunleavy goes along remains to be seen.
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Alaska’s next governor will ask the Legislature to make 2019 the year of the giant dividend—about $6,700 per person. It’s not a conservative approach.
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Rep. Don Young received a higher percentage of the vote in the 1976, 1978, 1980, 1982, 1984, 1986, 1988, 1994, 1996, 1998, 2000, 2002, 2004, 2006, 2010 and 2012 elections.
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The Dunleavy dividend of $6,700 would place immediate desires above the interests of future generations. The loss of the perpetual earning power of $2.4 billion has not been calculated.
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Rep. Don Young, 85, pointed to himself with his right arm and shouted, ‘Uno, Uno, Uno” into the microphone. This is what you shout when you play your next-to-last card in the child’s game of “Uno.”
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Indecision never makes for a good editorial, but what I find most objectionable is the claim that Mike Dunleavy has a better grasp of the budget than Mark Begich. To me, the budget is the biggest issue, with education, the gas line, crime and the Permanent Fund inextricably connected.
Read MoreA radio ad proclaiming the virtues of Republican Mike Dunleavy delivers the names of top contributors so fast that it is nearly impossible to understand the words. State law bans this tactic, which is why the APOC should act on this right away.
Read MoreThe Anchorage Daily News is allowing former Sen. Mike Dunleavy to get away with claiming he "misspoke" during the many months in which Dunleavy promised to get rid of "climatologists" in the state budget to save money.
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