Alaska's Permanent Fund gives $1174 of OUR oil money to each Alaskan [View All]

Alaska gives each Alaskan resident a nice big fat check each year derived from the state's oil company profits. I'd bet my next pay check that if Texas or Louisiana (two other big oil states) tried to pass the same type of state constitutional amendment, the other 46 states of the lower 48 would be screeching NOT FAIR, and I believe rightly so, and they would not get away with it.

Since Alaska IS part of the same nation as the lower 48 and Hawaii, how do they keep getting away with this scam of skimming profits from United States oil reserves and distributing it ONLY to residents in Alaska?


Permanent Fund deposits $1,174 in Alaskans' accounts

Associated Press

Published: October 6th, 2011 08:57 AM
Last Modified: October 6th, 2011 08:58 AM

Most Alaskans will be getting $1,174 in Permanent Fund dividends today.

It's a day widely anticipated by most residents, who get their yearly dividend from the state's vast oil wealth just for living in Alaska.

Most eligible Alaskans will get their dividends by direct deposit on Thursday. The rest will receive checks in the mail.

Voters passed a constitutional amendment in 1976 to establish the Permanent Fund as a way to stretch out the state's oil wealth for future generations.

http://www.adn.com/2011/10/06/2107280/permanent-fund-deposits-1174-in.html#ixzz1aEH3VQA7

With money kind of tight nowadays, I'm feeling kind of ripped off.



Doesn't Alaska get enough of our taxpayers money already?



I have worked all over the state, and it's a beautiful place, but I think it's time to share the dough with the rest of the country. After all, it's all our oil too. Maybe it's time to end this skimming scam.