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Tuesday, April 20, 2021

Pass the popcorn



The state Senate donnybrook over the Permanent Fund dividend rages on.

Gov. Mike Dunleavy has appointed Republican Rep. Josh Revak to fill the Senate seat held by the late Sen. Chris Birch.

Revak was tapped after Dunleavy’s first choice, Rep. Laddie Shaw, was rejected by the Senate majority leadership over his support of a statutory dividend, which this year would be about $3,000. Dunleavy supports the statutory dividend.

The Senate president, Cathy Giessel, and others of her caucus who voted against seating Shaw, want to slash the dividend by nearly half to feed government and feared Shaw would be a vote against, while Birch was a vote for cutting the amount.

Senate Republicans are about evenly divided over the dividend, adopted in 1980 by the Legislature, and have been fighting tooth and nail over the amount this year and how it should be calculated in the future.

The Anchorage Daily News, in an editorial over the weekend, euphemistically described one side as favoring budget cuts and “willing to reduce the dividend in order to preserve an Alaska that looks more like the one we have today with regard to the services the state offers.”

But preserving an Alaska like the one today “with regard to the services the state offers” simply would be preserving a state that spends far beyond its means and expects residents to pick up the tab for its largesse by surrendering their dividends.

The editorial was a little rougher on the other group.

“The second is a PFD diehard caucus, willing to put the state’s annual payments ahead of almost all else, that is strongest in the Mat-Su region, parts of the Kenai Peninsula and pockets of Anchorage,” it said.

We are not sure we would have described it that way. Perhaps, instead of a “diehard caucus, willing to put the state’s annual payments ahead of almost all else,” we would describe the second group as one that believes individuals have a priority over government; that they come first when it come to the dividend; and, that they know best how to spend their money.

The divide is simple to understand: One side believes government comes first; the other, the individual. From where we sit, that is a far more accurate description.

Revak, elected to the House last year, is more than qualified for the appointment, as was Shaw, a Vietnam war veteran and former SEAL. Revak is an Army veteran, a tank crew member and Purple Heart Medal recipient. He served as treasurer for the Abbott Loop Community Council, and director of the Wounded Warriors on Safari Program for the Safari Club International Alaska Chapter.

Revak, who needs confirmation by the same senators who rejected Shaw, supports the statutory dividend. Strangely enough, Giessel and her husband only last year campaigned for Revak, saying in a tweet found by Must Read Alaska, “This is an outstanding young man, army veteran, purple heart, family man.

“You can see the quality person he is by visiting his FB page.”

Pass the popcorn.

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Latest comments

  • Suzanne, You are doing a very great service to and for Alaska and “We The People.” Keep it up.
    Seymour Marvin Mills Jr. sui juris

  • I wonder if Cathy is sitting in her laboratory crafting up her ridiculous video response right now as to why they cannot confirm Josh Revak. If they don’t, she better have her stammer auditor very close by. Better yet, the eject button. District M is more than the PFD issue Cathy. Get over your power grab. You can’t possibly hate veterans now, do you? See how ridiculous that sounds? So, if it isn’t the PFD issue, then what is it? Just say it out loud now!! You tried to fake the funk with Rep. Shaw. Now you are in a bit of a pickle now aren’t you?

  • It is exactly so. The Dividends provided by Law belong to the People, and are not to be spent by the Gov’t at their discretion. It was the decision of the Alaska Supreme Court that allowed the Legislature to do so, based on the perceived need for that additional Revenue.

    Ironically, the perceived crisis based on the annual deficit spending, was all but taken care of by the Earnings of the Fund without taking any of the Dividend. The Earnings Reserve increased from 9 to 19 billion from 2017 to 2019, so much so that the Legislature could think of nothing better to do than to put most of the surplus back into Principal of the Fund … And Alaskans ? You just better get used to it, cause we have no intention of paying the Statutory amount, or repaying what we have withheld…

    Fortunately, our Governor moved only 5 Billion into the Corpus, and so the ERA is still a robust (and invested) account, usable as necessary. We the People know the amount that is owed, and what the Dividend should be. Until the Law is changed, we will hold to the calculation as defined by Statute.

    • Giessel looked into the camera and said they DID change the law. I couldn’t believe it! So because they’ve restructured the way they distribute the PFD, which the Walker/Mallott circus started, she claims (or thinks we actually believe) is a statutory change? Is she nuts? Does she think we’re stupid? Did she realize the camera was actually on?

  • Any changes to the PFD traditional law should go before the voters. You can’t trust a politician.

  • “Power tends to corrupt and absolute power corrupts absolutely.” Courtesy of Lord Acton.

  • I trust the Republicans. It’s the RINOs I don’t trust, with Cathy Giessel being first and foremost.

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