Boatwrench
NAXJA Forum User
- Location
- Petaluma, CA
LOL....you think that was a Palin idea? Alaska has been doing that for years. Your ignorance shines brightly again "my friend".
and you missed the point of the post, but that's OK. Read post #24 of this thread. http://www.naxja.org/forum/showthread.php?t=971981&page=2
That $1,200 (and it varies) has been going on for years, and it's a dividend from the The Alaska Permanent Fund. A fund set up based on royalties from the sale of natural resources. The fund has grown to in excess of $35B since its inception and is managed by a corporation, not the state. The corporation does manage all the investments of the State of Alaska. The fund is for the benefit of current and future geneartions of Alaskans and is not just about the dividend, but some really nice civic infrastructure and other community based projects.
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