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Reporting From Alaska
Dermot Cole
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Key senator disputes Permanent Fund secrecy on in-state investments
Key senator disputes Permanent Fund secrecy on in-state investments

“When you use public money there’s strings attached to it, mainly on disclosure, where these funds are going and to who and for what purpose,” said Sen. Bert Stedman, co-chairman of the Senate Finance Committee. The Permanent Fund has so far failed to get the message.

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Dermot ColeDecember 22, 2021 Comments
Senate president's new approach to social media discourse deserves to be state policy
Senate president's new approach to social media discourse deserves to be state policy

Senate President Peter Micciche has given all state employees—including Sen. Lora Reinbold and others who seek to stifle critics— a good lesson in how to deal with comments on social media—stop blocking people just because they disagree with you.

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Dermot ColeDecember 21, 2021 Comments
One-time Biden bonanza subsidizes Dunleavy's alleged 'surplus'
One-time Biden bonanza subsidizes Dunleavy's alleged 'surplus'

The state is spending about half of the $1 billion in direct disaster aid this fiscal year, while Dunleavy proposes using nearly all the rest in FY 23. This warps the state financial situation enough to make the surplus claim a lie.

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Dermot ColeDecember 18, 2021 Comments
Dunleavy's budget 'surplus' based on sleight of hand, using  federal disaster funds to hide giant deficit
Dunleavy's budget 'surplus' based on sleight of hand, using federal disaster funds to hide giant deficit

The imaginary Dunleavy surplus is largely a product of using more than a half-billion dollars in one-time-only federal disaster funds to underwrite regular agency operations for the fiscal year that starts next July. There is no surplus.


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Dermot ColeDecember 15, 2021 Comments
'You don't get credit for backtracking from your own bad ideas,' Gara says of Dunleavy reversal on foster care
'You don't get credit for backtracking from your own bad ideas,' Gara says of Dunleavy reversal on foster care

On Tuesday, Dunleavy held a press conference to promote several programs, including putting more millions into the foster care system, without admitting that he vetoed money for improving foster care five months ago.

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Dermot ColeDecember 14, 2021 Comments
Dunleavy repeats his false claims to AFN about him being a champion of the PCE
Dunleavy repeats his false claims to AFN about him being a champion of the PCE

Dunleavy began his administration with a campaign to get rid of the $1 billion Power Cost Equalization endowment and force the program to compete with all others for state funds each year, which would make it unlikely to survive. He wants AFN and everyone in rural Alaska to forget about what he said and did in 2019.

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Dermot ColeDecember 13, 2021 Comments
Legislature must do more than write letters to the Permanent Fund trustees
Legislature must do more than write letters to the Permanent Fund trustees

While we have various lawmakers saying they plan to ask the trustees of the Permanent Fund to answer questions about the firing of Angela Rodell, they need to realize that this is not enough: The Legislature needs to begin monitoring the APFC and other state corporations as part of the checks and balances required by state law.

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Dermot ColeDecember 12, 2021 Comments
 Legislature needs to start oversight of Permanent Fund
Legislature needs to start oversight of Permanent Fund

Legislators left in the dark on this matter should take it as a reminder that they are not performing oversight of the Permanent Fund. It’s about time they started.

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Dermot ColeDecember 11, 2021 Comments
Fired Permanent Fund director refused to sign on as cheerleader for Dunleavy's $3 billion plan to hide deficit
Fired Permanent Fund director refused to sign on as cheerleader for Dunleavy's $3 billion plan to hide deficit

If a policy disagreement over this crucial question is part of the reason that Angela Rodell was fired, Dunleavy and the trustees have just weakened the foundation of the Permanent Fund.

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Dermot ColeDecember 10, 2021 Comments
Permanent Fund stuns Alaska with firing of Angela Rodell
Permanent Fund stuns Alaska with firing of Angela Rodell

The Alaska Permanent Fund Board of Trustees owe Alaskans an explanation for why they fired Angela Rodell as CEO of the corporation Thursday with no public discussion.

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Dermot ColeDecember 10, 2021 Comments
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