As I drive along the spur, north of Kenai, I see more signage going up stating "Vote No on 1." It seems small and medium size businesses understand who runs this State, Big Oil. Certainly our politicians understand. If the mega-oil companies do not get what they want they will pack their bags and leave. Many individuals believe these behemoths would never abandon Alaska. However, Corporations have only one fiduciary responsibility. It's all about making more money. And so they do. Rules and regulations ignored. Pay the fines as long as the profits continue. Just ask the big banks.
I just read "Eric Derleth Trial Lawyer" rant in the paper (June 2). Wow, he clearly expresses his anger. Anger is certainly appropriate in many situations. But I don't get it. He wants to debate morality and religion. Societal morality enforcement has always failed when attempts are to legislate it. It just becomes a money maker for government. The pot issue is an excellent example. And as for religion, it is based on an individual's faith. How do you debate one faith system over another? Religion is based on faith not facts.
I stay abreast on world events. Because mainstream media parrots Washington, D.C., I look to alternative media sources. I watched an excellent discussion on the issues surrounding the Ukrainian crisis. Stephen Cohen, professor emeritus of Russian studies at New York University and at Princeton University spoke on "Democracy Now" (May 12, 2014).
I grew up during the civil rights movement. Imagine, people of color wanting equal rights and protection under rule of law. Well, Alaska has been battling for equal rights under rule of law for decades.
My dear old mom came to live with my wife Faith and I a few years ago. After living with Alzheimer's disease for eight years she no longer could live by herself. We take her shopping and out to a restaurant on a regular basis.
For years I have attempted to generate honest discussion concerning our government's monetary and fiscal policies. To no avail. People and politicians enjoy picking a side and digging in their heals.
A default on the U.S. debt is a fallacy. Government is taking in plenty of tax money to cover the carrying costs of our debt. However, there will be significant austerity that will hit the American people if politicians do not raise the debt limit.
I often think I should have lived during my grandfather's generation. He was in his early 40s during the Great Depression. He seemed to understand the importance of future generations. What a difference from today where money is key component of people's desire. Today, most love money and most of my grandfathers generation loved the future.
...Alaska, which in turn would pay profits back to the great State of Alaska. Profits to Alaska instead of bigwig bankers on Wall Street. Not a new idea. The public Bank of North Dakota has been doing it since 1919. Ray Southwell Nikiski
December 23, 2013 will mark the 100th anniversary of our Federal Reserve Bank (Central Bank). The name implies a public bank owned and operated by the federal government. That assumption is wrong. It is a private banking system that operates for profits of the private banks who are members. They have dual mandates from government. "Maximum employment and stable prices." With the Central Banks' promise came a great privilege. Money creation through credit. Banks do not lend deposits. They create credit from assets/deposits to expand the money supply.
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