Palin to resign as Alaska governor

[RoyalOrleans]

It is not. For some reason "conservatives" at this site love socialism, as long as it is at the state level under Republicans.

And right now, as it stands, you can't compare true conservative values with the current Republican party.

To echo a statement you made a while back, hugo; we really missed our chance with Goldwater.

 

[snafu]

She give's out a nice $3,000 a year check to (pay off) Alaskans (voters), (on our taxpayer dime) yet claims to be a conservative. How does one qualify for that free welfare check anyway? Is it only given out to the poor, blacks, Mexicans and illegals? I wanna know why that welfare check is any different from socialism.

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First of all she didn't start the permanent fund. She was probably in high school at the time. Second the amount co insides with the revenues we bring in by the oil companies selling the oil. Alaskans get their cut as any business man would get.

Last year the permanent fund was $2,000 because the price of a barrel was so high. Sarah gave all Alaskans an extra 1,200 because the oil companies were trying to get their money back by charging Alaskans more at the pump. Our gas prices where the highest in the nation last year. Because of the prices going down we will get far less.

 

[snafu]

Oh hugo because we rent our lands and not sell them like Louisiana or some other state we don't pay state taxes. Hows that for free enterprise? Hmmmm?

 

[RoyalOrleans]

First of all she didn't start the permanent fund. She was probably in high school at the time. Second the amount co insides with the revenues we bring in by the oil companies selling the oil. Alaskans get their cut as any business man would get. Last year the permanent fund was $2,000 because the price of a barrel was so high. Sarah gave all Alaskans an extra 1,200 because the oil companies were trying to get their money back by charging Alaskans more at the pump. Our gas prices where the highest in the nation last year. Because of the prices going down we will get far less.

Do you want to hear the truth about those evil oil companies? You know ... the evil corporations that some Democrats and most socialists will tell you should not even be allowed to make a profit? Well the state of Alaska has found a way to take care of that .... tax the **** out of them.

Last year, Alaska's legislature approved a major increase on those popular-with-the-government-educated-set windfall profits on the oil industry. And guess who is profiting ... the government. When it comes down to it, the state of Alaska has received more than $10 billion this year from oil revenue. Thanks to the addition of these new taxes (on top of the taxes already in place), that is double the amount it received the year before. Now the government's biggest problem ... trying to figure out how to spend the money.

The first idea on how to spend the money comes from Alaska's governor Sarah Palin. Her administration last week got approval for a government program that gives $1,200 to every single Alaskan to help them pay for gas. But that's not all. On top of that, each resident will receive their annual dividend of $2,000 from an oil-wealth savings account.

Can you guess what was fueling this windfall profit tax? Wealth envy. State Senator Hollis French (a Democrat) says that the oil companies " ... were literally printing money on the North Slope. We decided to strike the balance a little bit more on our side." That's a fancy way of describing wealth redistribution. This is not something that should happen in a free enterprise economy. This IS something that will happen in a country with a state-run economy.

Naturally, the oil industry says that the new taxes are already discouraging future exploration and development .... this is exactly opposite of what we currently need in this country. At a time when lawmakers in Washington are debating about ways to get us out of the energy crisis, the state of Alaska thinks it would be a great idea to tax the companies to death while stifling the very development we need. Marilyn Crockett, executive director of the Alaska Oil and Gas Association, says that "clearly, from the investor standpoint, Alaska has become a less attractive place to invest exploration and production dollars." So they know what the effects are ... and yet they are still doing it!

In fact, BP Alaska paid more than $500 million in taxes to Alaska last quarter. That is far more than the company earned in profits from the oil. Or take a look at ConocoPhillips, which scrapped a $300 million refinery project ... because of the new taxes.

When it comes right down to it, the state of Alaska gets $49 of every $120 barrel of oil ... not counting other fees.

ConocoPhillips says that once royalty payments and other taxes are added in, the state of Alaska gets 75% of the value of every barrel of oil.

 

[snafu]

I tried to explain this to other Alaskans last year. their complaint was why do we pay so much for gas when it comes from here. My examination was the deal we cut with them before they started drilling. They new what taxes were going to be like. As far as them not wanting to drill here anymore is a farce. They just got shot down trying to open up horizontal drilling in on the reserves. They want the oil big time.

 

[RoyalOrleans]

They want the oil big time.

Well, of course they do!

Who in their right mind wouldn't want the oil?

The point is, why not take your business elsewhere if you are going to be taxed to death or denied access somewhere?

 

[snafu]

Well, of course they do!
Who in their right mind wouldn't want the oil?

The point is, why not take your business elsewhere if you are going to be taxed to death or denied access somewhere?

Yeah and that's were the fine line comes in. We don't want to bite ourselves in the *** and I'm for national security too. Alaska and other oil rich states need to look at the big picture and keep jobs and the product coming from America.

 

[wez]

Poor Sarah..

Anyone seen TJ? Prolly outta put him on a suicide watch or sumthin'..

 

[snafu]

This IS something that will happen in a country with a state-run economy.

Also I'm only speculating but having the windfall tax would restrain us from taking earmarks from the Federal Government. Sarah was trying to reject the stimulus money but was confronted by other bureaucrats wanting the hand out.

 

[snafu]

This IS something that will happen in a country with a state-run economy.

Also I'm only speculating and not googling everything but having the windfall tax would restrain us from taking earmarks from the Federal Government. Sarah was trying to reject the stimulus money but was confronted by other bureaucrats wanting the hand out.

 

[hugo]

Hugo Chavez and Sarah Palin are ideological soulmates when it comes to distributing oil wealth.

 

[snafu]

Hugo Chavez and Sarah Palin are ideological soulmates when it comes to distributing oil wealth.

Good point. OK where does your idea of capitalosim come into play? If you were Hugo or Sarah how would you play your cards?

 

[hugo]

Good point. OK where does your idea of capitalosim come into play? If you were Hugo or Sarah how would you play your cards?

Any taxes would be low, and would pay for the legitimate functions of government. Police and fire protection and certain public works such as levies, dams and roads. I would never tax industry to give people a check for doing nothing.

 

[snafu]

Any taxes would be low, and would pay for the legitimate functions of government. Police and fire protection and certain public works such as levies, dams and roads. I would never tax industry to give people a check for doing nothing.

Bull ! If there was a surplus what would you do with that? Aagin we don't pay state taxes already.

 

[snafu]

Oh I know you would sell the rights to the oil companies for less right? Then they would hand down the savings to the consumer right? You know better than that. We only supply a minor supply of the worlds oil. It wouldn't make a dent in the oil prices.

 

[phreakwars]

Bull ! If there was a surplus what would you do with that? Aagin we don't pay state taxes already.

What happened to the idea of Capitalism being a good thing? Let the oil companies keep their profits. That isn't Alaska's money after all... it's the oil companies, they worked for it. You guys don't need those socialist welfare checks. And your pretty delusional if you think "DRILL BABY DRILL" is gonna get you anywhere or actually help YOU. All drill baby drill is gonna do is help the oil companies. I highly doubt they would be so generous as to boost up the welfare check amounts they give the citizens up there.

Aagin we don't pay state taxes already

Yes, us 48 contingent states know, were the ones giving you the supplements and hand outs for your precious tax breaks, and were the ones paying for the extra revenue Alaska doesn't generate..

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[snafu]

What happened to the idea of Capitalism being a good thing? Let the oil companies keep their profits. That isn't Alaska's money after all... it's the oil companies, they worked for it. You guys don't need those socialist welfare checks. And your pretty delusional if you think "DRILL BABY DRILL" is gonna get you anywhere or actually help YOU. All drill baby drill is gonna do is help the oil companies. I highly doubt they would be so generous as to boost up the welfare check amounts they give the citizens up there.
Yes, us 48 contingent states know, were the ones giving you the supplements and hand outs for your precious tax breaks, and were the ones paying for the extra revenue Alaska doesn't generate.

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No it's not the oil companies, it's the Alaskans oil. Should Alaska have made a state owned oil company and excluded others? The oil companies wouldn't have a pot to **** in if we didn't have the commodity to sell.

He he pretty funny how now you say us guys don't need socialist welfare money. Your talking *** backward now.

 

[hugo]

We have truly gone too far down the road to serfdom. It truly saddens me to watch "conservatives" embrace socialism. I sure won't support someone who catered to a whole state of welfare bums.

 

[RoyalOrleans]

No it's not the oil companies, it's the Alaskans oil. Should Alaska have made a state owned oil company and excluded others? The oil companies wouldn't have a pot to **** in if we didn't have the commodity to sell.

And without oil, Alaska would never have made it into the union.

 

[snafu]

And without oil, Alaska would never have made it into the union.

aaa... no they didn't even know about the oil reserves back then. I think it was gold, timber and such. Not to mention we were an outpost for an impending invasion. Oil came later.