Imagine if a fast-talking salesman tried to pay a multi-million-dollar debt by offering to unload property he didn’t want anymore and claiming the asset is worth $13.9 million.
A shell game like that wouldn’t go far before the other party would demand that the salesman produce the cash.
But the Alaska Industrial Development and Export Authority is trying to pull a similar scam right now with its attempt to transfer a North Slope road instead of handing over $13.9 million in cash.
Read MoreThe Alaska Salary Commission coup, engineered by Gov, Mike Dunleavy and legislative leaders, is a prime example of political cowardice.
The brand new members of the commission met for the first time this week and unanimously approved a pay raise for the governor and his top appointees and legislators without any work.
The pay raises will automatically take effect unless the Alaska Legislature rejects the plan, which was obviously worked out in advance in secret.
Read MoreUnless there is a change in state law, state revenue will decline by $1 billion to $1.6 billion during the development and early operational years of the Willow oil project because of a gift to the oil industry built into the state oil tax law, according to state reports from 2018 and 2023.
Read MoreElection Director Carol Beecher, who said she did not know the meaning of the group’s acronym, said there are benefits and drawbacks to ERIC. The main drawback, she said, is that it is expensive, that Alaska is a small state and she doesn’t know if the group provides a good return on the state’s investment and maybe the state can do the work more cheaply. She did not mention and she was not asked what qualifies as “expensive.”
But the membership in ERIC is not at all expensive.
Read MoreHundreds of the best young cross-country skiers in the nation are converging on Fairbanks this weekend for the Junior National Cross-Country Ski Championships.
Read MoreDave Stieren, $156,000-a-year mouthpiece for Gov. Mike Dunleavy, took offense when I referred to him on Twitter as the Dunleavy education expert. Reading his comment about me being a “sad relic,” I pay no heed, considering the source.
Read MoreSen. Dan Sullivan’s oversimplified claim that multinational companies—with operations and political connections in many countries—are nationalistic instruments of U.S. foreign relations is a dangerous delusion for a U.S. senator. These are companies that want to produce profits above all else for their shareholders. That is why they exist.
Read MoreYou would never guess it from reading the resolutions and declarations of support about the Willow project from Alaska politicians and businesses, but development of the oil field would cost the state hundreds of millions a year during the early years of construction and production.
That’s because it is on federal land and the state would collect no oil royalties from the field, only production taxes. Equally important, the state oil tax law allows ConocoPhillips to write off the expense of developing Willow against its other operations in Alaska immediately, reducing how much it pays in taxes for up to eight years.
Read MoreIn the infamous Pebble tapes from 2020, the chief executive of the proposed mine portrayed Sen. Dan Sullivan as someone who is “gonna try to ride out the election and remain quiet.”
Tom Collier lost his job over his impolitic remarks about Sullivan and Sen. Lisa Murkowski, but truer words have never been spoken about Sullivan.
The junior senator is always trying to ride out the election and duck contentious issues, clearly communicating a position only if he can pose it as an attack on Democrats or if it an issue on which he can’t possibly lose.
Read MoreAlaska Attorney General Tregarrick Taylor should be called to testify before the Alaska Legislature on why he hid a key change in state policy on civil rights in the midst of the last election.
We only know of this important change to reduce the civil rights of LGBTQ people because of excellent reporting by Kyle Hopkins for the Anchorage Daily News and ProPublica.
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