Pfd

SwedeSteve · 09-24-2009, 11:43 AM

$1305.00 Not shabby !!

rondog · 09-24-2009, 11:59 AM

Uhhh, huh? What? Whuchoo talkin' 'bout, Willis?

Mooseman684 · 09-24-2009, 12:08 PM

Our share of the Alaska Oil Money....but no energy bonus...darn it.

ArkansasHunter · 09-24-2009, 12:08 PM

Yep rondog Steve has shorted out in his noggin....

SwedeSteve · 09-24-2009, 02:04 PM

Indeed. At a very early age !! No energy money is def a bummer !!

rondog · 09-24-2009, 02:54 PM

What, you Alaskans get a cut of oil sale money? That ain't right! What about the rest of us poor schlubs?

aaalaska · 09-24-2009, 03:02 PM

NO we don't get oil money ,what we get is money from investments the state made with oil money over the years.The state collects oil revenues and is required by law to invest part of that.I think the idea of sharing the money is a way of keeping the people involved,so our lawmakers don't get greedy with those funds.Alex

woody1981 · 09-24-2009, 05:42 PM

Quote:

Originally Posted by aaalaska

NO we don't get oil money ,what we get is money from investments the state made with oil money over the years.The state collects oil revenues and is required by law to invest part of that.I think the idea of sharing the money is a way of keeping the people involved,so our lawmakers don't get greedy with those funds.Alex

Do you know who started the idea for the investment? Was it a governor, members of the legislature, or who? I remember during the last presidential race, Sarah Palin was given some credit for the investment concept, which I find to be a great idea. PA, WVA, Kentucky, in fact the entire Appalachian area could have done this with coal money.

aaalaska · 09-25-2009, 12:11 AM

I believe it was Gov Scheffeld [spelling] that started the investments not sure who came up with the share with the people.Alex

Mooseman684 · 09-25-2009, 12:30 AM

The Truth is...The Alaska Permanent Fund is a constitutionally established permanent fund, managed by a semi-independent corporation, established by Alaska in 1976, primarily by the efforts of then Governor Jay Hammond. Shortly after the oil from Alaska’s North Slope began flowing to market through the Trans-Alaska Pipeline System, the Permanent Fund was created by an amendment to the Alaska Constitution to be an investment for at least 25% of proceeds from some minerals (such as oil and gas) sale or royalties. The Fund does not include either property taxes on oil company property nor income tax from oil corporations, so the minimum 25% deposit is closer to 11% if those sources were also considered. The Alaska Permanent Fund sets aside a certain share of oil revenues to continue benefiting current and all future generations of Alaskans. Many citizens also believed that the legislature too quickly and too inefficiently spent the $900 million bonus the state got in 1969 after leasing out the oil fields. This belief spurred a desire to put some oil revenues out of direct political control.

The Alaska Permanent Fund Corporation manages the assets of both the Permanent Fund and other state investments, but spending Fund income is up to the Legislature. The Corporation is to manage for maximum prudent return, and not—as some Alaskans at first wanted—as a development bank for in-state projects. The Fund grew from an initial investment of $734,000 in 1977 to approximately $28 billion as of March 2008. Some growth was due to good management, some to inflationary re-investment, and some via legislative decisions to deposit extra income during boom years. Each year, the fund's realized earnings are split between inflation-proofing, operating expenses, and the annual Permanent Fund Dividend.

Rich

338RUM · 09-25-2009, 01:09 AM

can you share? I need a new gun....

ArkansasHunter · 09-25-2009, 01:16 AM

I would think because goods and services are higher in Alaska this money it helps offset the cost of liveing and keeps people in Alaska.
A.H

Mooseman684 · 09-25-2009, 01:46 AM

It is a rebate on our 3.75 a gallon gasoline ! LOL
(and 4.00 gallon Propane, 3.25 heating oil...etc)

woody1981 · 09-25-2009, 07:23 AM

Moose, thanks for this info. It's very interesting, and now I am informed.

SwedeSteve · 09-26-2009, 01:02 PM

It's actually about half of what we should be getting. But it still helps. I wish they would do a one time pay out. That way all the welfare families with 9 kids would leave.

Recluse · 09-29-2009, 10:21 AM

Quote:

Originally Posted by SwedeSteve

I wish they would do a one time pay out. That way all the welfare families with 9 kids would leave.

Yup! That's for sure! Why can't I claim all of my dogs? They're my kids...and they actually work for their keep!

SwedeSteve · 09-29-2009, 10:46 AM

I'd give your dogs a slice of the pie.

luckyalaska98 · 10-03-2009, 04:59 AM

Yep i spent my PFD on a gun and aint even got the PFD yet LOL

SwedeSteve · 10-04-2009, 01:39 PM

Now that's typical of you, ROFL !!

Rex in OTZ · 10-06-2009, 08:23 PM

Local Village stocked up a cash reserve for this years PFD so PFD recipants could get cash back at the village store, the store was busted in on a weekend and they busted the safe made off with in excess of 180K in cash they arrested some the Drunkin fools that did it, some still had large wads of cash on them ($8K) that day there was a AK Trooper there for something else when called he showed up over 40 minuets latter walked in the store stepped over a mound of small bills in the entry way (over $15K they later counted)
the have a 7 in cuffs and still looking for more.
This AM they found a trash bag of bills stashed in a willow thicket containing over $119K in small bills.

09-24-2009, 11:43 AM	#1
SwedeSteve Suspected Member Join Date: Feb 2007 Location: Anchortown, Alaska Posts: 26,420	Pfd $1305.00 Not shabby !! __________________ In the absence of orders, ATTACK !!

09-24-2009, 11:59 AM	#2
rondog Senior Member Join Date: Aug 2007 Location: Parker, CO Posts: 3,685	Uhhh, huh? What? Whuchoo talkin' 'bout, Willis? __________________ I child-proofed my house, but they still keep getting in!

09-24-2009, 12:08 PM	#3
Mooseman684 Super Moderator Join Date: Dec 2005 Location: Alaska Wilderness. Unit 13 Posts: 12,781	Our share of the Alaska Oil Money....but no energy bonus...darn it. __________________ You know you might be facing your doom,when all you get is a click when you're expecting a BOOM! Last edited by Mooseman684; 09-24-2009 at 12:15 PM.

09-24-2009, 12:08 PM	#4
ArkansasHunter Senior Member Join Date: Mar 2007 Location: South Arkansas. Posts: 18,445	Yep rondog Steve has shorted out in his noggin.... __________________ IN GOD WE TRUST NRA MEMBER

09-24-2009, 02:04 PM	#5
SwedeSteve Suspected Member Join Date: Feb 2007 Location: Anchortown, Alaska Posts: 26,420	Indeed. At a very early age !! No energy money is def a bummer !! __________________ In the absence of orders, ATTACK !!

09-24-2009, 02:54 PM	#6
rondog Senior Member Join Date: Aug 2007 Location: Parker, CO Posts: 3,685	What, you Alaskans get a cut of oil sale money? That ain't right! What about the rest of us poor schlubs? __________________ I child-proofed my house, but they still keep getting in!

09-24-2009, 03:02 PM	#7
aaalaska Member Join Date: Sep 2009 Location: Palmer Ak Posts: 89	Pfd NO we don't get oil money ,what we get is money from investments the state made with oil money over the years.The state collects oil revenues and is required by law to invest part of that.I think the idea of sharing the money is a way of keeping the people involved,so our lawmakers don't get greedy with those funds.Alex

09-25-2009, 12:11 AM	#9
aaalaska Member Join Date: Sep 2009 Location: Palmer Ak Posts: 89	pfd I believe it was Gov Scheffeld [spelling] that started the investments not sure who came up with the share with the people.Alex

09-25-2009, 12:30 AM	#10
Mooseman684 Super Moderator Join Date: Dec 2005 Location: Alaska Wilderness. Unit 13 Posts: 12,781	The Truth is...The Alaska Permanent Fund is a constitutionally established permanent fund, managed by a semi-independent corporation, established by Alaska in 1976, primarily by the efforts of then Governor Jay Hammond. Shortly after the oil from Alaska’s North Slope began flowing to market through the Trans-Alaska Pipeline System, the Permanent Fund was created by an amendment to the Alaska Constitution to be an investment for at least 25% of proceeds from some minerals (such as oil and gas) sale or royalties. The Fund does not include either property taxes on oil company property nor income tax from oil corporations, so the minimum 25% deposit is closer to 11% if those sources were also considered. The Alaska Permanent Fund sets aside a certain share of oil revenues to continue benefiting current and all future generations of Alaskans. Many citizens also believed that the legislature too quickly and too inefficiently spent the $900 million bonus the state got in 1969 after leasing out the oil fields. This belief spurred a desire to put some oil revenues out of direct political control. The Alaska Permanent Fund Corporation manages the assets of both the Permanent Fund and other state investments, but spending Fund income is up to the Legislature. The Corporation is to manage for maximum prudent return, and not—as some Alaskans at first wanted—as a development bank for in-state projects. The Fund grew from an initial investment of $734,000 in 1977 to approximately $28 billion as of March 2008. Some growth was due to good management, some to inflationary re-investment, and some via legislative decisions to deposit extra income during boom years. Each year, the fund's realized earnings are split between inflation-proofing, operating expenses, and the annual Permanent Fund Dividend. Rich __________________ You know you might be facing your doom,when all you get is a click when you're expecting a BOOM!

09-25-2009, 01:09 AM	#11
338RUM Senior Member Join Date: Sep 2008 Location: Lonaconing, MD Posts: 1,388	can you share? I need a new gun.... __________________ What doesn't kill me has made a HUGE tactical mistake!

09-25-2009, 01:16 AM	#12
ArkansasHunter Senior Member Join Date: Mar 2007 Location: South Arkansas. Posts: 18,445	I would think because goods and services are higher in Alaska this money it helps offset the cost of liveing and keeps people in Alaska. A.H __________________ IN GOD WE TRUST NRA MEMBER

09-25-2009, 01:46 AM	#13
Mooseman684 Super Moderator Join Date: Dec 2005 Location: Alaska Wilderness. Unit 13 Posts: 12,781	It is a rebate on our 3.75 a gallon gasoline ! LOL (and 4.00 gallon Propane, 3.25 heating oil...etc) __________________ You know you might be facing your doom,when all you get is a click when you're expecting a BOOM!

09-25-2009, 07:23 AM	#14
woody1981 One of the Usual Suspects Join Date: Jun 2009 Location: southwest PA Posts: 1,603 Blog Entries: 1	Moose, thanks for this info. It's very interesting, and now I am informed. __________________ A fear of weapons is a sign of retarded sexual and emotional maturity.”~Freud

09-26-2009, 01:02 PM	#15
SwedeSteve Suspected Member Join Date: Feb 2007 Location: Anchortown, Alaska Posts: 26,420	It's actually about half of what we should be getting. But it still helps. I wish they would do a one time pay out. That way all the welfare families with 9 kids would leave. __________________ In the absence of orders, ATTACK !!

09-29-2009, 10:46 AM	#17
SwedeSteve Suspected Member Join Date: Feb 2007 Location: Anchortown, Alaska Posts: 26,420	I'd give your dogs a slice of the pie. __________________ In the absence of orders, ATTACK !!

10-03-2009, 04:59 AM	#18
luckyalaska98 Member Join Date: Sep 2009 Location: Wasilla,Ak Posts: 7	Yep i spent my PFD on a gun and aint even got the PFD yet LOL

10-04-2009, 01:39 PM	#19
SwedeSteve Suspected Member Join Date: Feb 2007 Location: Anchortown, Alaska Posts: 26,420	Now that's typical of you, ROFL !! __________________ In the absence of orders, ATTACK !!

10-06-2009, 08:23 PM	#20
Rex in OTZ Senior Member Join Date: Mar 2008 Location: NorthWest Alaska Posts: 1,003	Village store stocked up cash for PFD Local Village stocked up a cash reserve for this years PFD so PFD recipants could get cash back at the village store, the store was busted in on a weekend and they busted the safe made off with in excess of 180K in cash they arrested some the Drunkin fools that did it, some still had large wads of cash on them ($8K) that day there was a AK Trooper there for something else when called he showed up over 40 minuets latter walked in the store stepped over a mound of small bills in the entry way (over $15K they later counted) the have a 7 in cuffs and still looking for more. This AM they found a trash bag of bills stashed in a willow thicket containing over $119K in small bills.