We’re not getting the full story on the decision by the Dunleavy administration and former Revenue Commissioner Adam Crum to put $50 million of short-term money into a long-term investment right before Crum quit to run for governor.
The Anchorage Daily News has advanced the coverage with this solid piece by Iris Samuels, but the governor and his employees are not being straightforward with the Legislature or the public.
Read MoreThe gas emitted by Alaska politicians about the Alaska LNG project does not reflect the extreme degree of uncertainty that still plagues the enterprise.
Read MoreFormer Revenue Commissioner Adam Crum claims to be amused that legislators are demanding details on the $50 million long-term investment he made with short-term public money right before he quit his state job to run for governor.
The amusement extends to the governor’s alleged investigation of Crum’s actions, which Crum says is a Dunleavy fence-mending operation with legislators because the governor knew all about what Crum had done.
Read MoreTwo months have passed since Gov. Mike Dunleavy announced plans to eliminate 15 percent of burdensome state regulations by the time his regime ends in late 2026.
No one has bothered to define burdensome.
Dunleavy signed Administrative Order 360 on August 4, triggering an unbudgeted bureaucratic exercise that will guarantee the Dunleavy administration will have time to do nothing of substance in the next 13 months.
Read MoreForbes Magazine noted that the Trump administration mentioned nothing about how one of Trump’s most loyal allies would gain from the federal subsidy of Trilogy.
Read MoreCanadian mining promoter stock soars as Trump claims to buy 10 percent of the company for $35.6 million.
Read MoreI find it hard to believe that Adam Crum would have abandoned the CBR’s 100 percent cash asset allocation—which has been posted on the revenue department website for a long time, without getting approval from the governor.
Whether the governor knew about this or not, the episode is one more sign of Dunleavy dysfunction.
Read MoreLegislative leaders have confirmed some key details of reporting about a $50 million long-term investment by the Department of Revenue with money from the Constitutional Budget Reserve that should be kept in short-term investments because it could soon be needed to pay for state operations.
Read MoreSen. Dan Sullivan is repeating the lie by Donald Trump and other Republicans that Senate Democrats shut down the government because they want “Medicaid for illegals” in the United States.
“Look at what they want,” he said on Hugh Hewitt’s right-wing radio show, “A trillion dollars of spending in the next four weeks. Once again, Medicaid for illegals.”
Read MoreSen. Dan Sullivan had high praise for Secretary of Defense Pete Hegseth’s macho man speech to military leaders assembled from around the world at great expense.
But Sullivan couldn’t move a muscle to take on Donald Trump’s plan to use the military to fight his political opponents in the United States and Trump’s reckless claim about the “enemy within.”
Read More
