If wishes were fishes

[foraker]

Was just reading the the Alaska Permanent Fund, founded years ago by Gov. Jay Hammond, now has a value in excess of 31 billion USD. I wonder what would have happened if the Feds had done something like this. Probably a total disaster...Unlike the Norwegian government which did exactly that and I think theirs stands at almost 40 billion USD. Still, the optimist in me likes to dream.

[ChrisT]

From MSNBC:

 

Norwegians generally reckon that their economic upturn is fuelled by high oil prices -- a bonanza out of any government’s control. A fund saving Norway’s oil wealth for future generations is worth $180 billion, or $39,000 for each citizen.

[Dru]

Or you could subsidize a socialist revolution with it, instead of saving it - Chavez style! Of course what happens to your revolution when the cash runs out, is that it probably implodes.

[TREETOAD]

People would probably end up giving their share to Benny Hin

[JayB]

Or you could subsidize a socialist revolution with it, instead of saving it - Chavez style! Of course what happens to your revolution when the cash runs out, is that it probably implodes.

 

Take the probably out and we'd have a geopolitical statement that we both agree on

[murraysovereign]

Or you could subsidize a socialist revolution with it, instead of saving it - Chavez style! Of course what happens to your revolution when the cash runs out, is that it probably implodes.

 

You don't even have to be a Chavez-style socialist. The last big oil boom in Alberta saw the Conservative government run up the highest per capita spending in Canada on education and health care and such, and then when oil prices dropped again, they quickly ended up with a pretty impressive per capita debt load. Now they're running huge surpluses again, thanks to record oil prices, and they're debating whether to blow it all on increased program spending again, eliminate various taxes, or invest it in the Heritage Fund in keeping with Peter Lougheed's original plan. It'll be interesting to see what they decide to do.

[TREETOAD]

Its a shame to squander money on supid stuff like education and health care when there are great things like wars to invest in instead.

[knotzen]

If witches were finches

[Dru]

If wenches were flashers

[archenemy]

Its a shame to squander money on supid stuff like education and health care when there are great things like wars to invest in instead.

Yeah, we don't need no supid stuff like edukasion

[Dechristo]

How can you expect to have any pudding if you don't eat your meat!

[knotzen]

???????

[foraker]

Don't tell me you didn't get that....

[Dechristo]

Sing it for her, Foraker.

[knotzen]

You don't get your pudding 'til you eat your meat,

'Til you eat your meat,

'Til you eat your meat.

You don't get your pudding 'til you eat your meat,

Hi-de-ho all day-ay-ay.

 

??

[Dru]