Sarah Palin Shares the Wealth with Alaskans

Can someone explain... why is Obama a Socialist Communist Marxist when he wants to share the wealth, but Palin, who has put it into practice in her state, criticizes Obama for it?

Palin quote:

And Alaska—we’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs. … It’s to maximize benefits for Alaskans, not an individual company, not some multinational somewhere, but for Alaskans.

Source

Isn't it pretty hypocritical of Palin to be ragging on Obama for policies that she apparently believes in and practices herself?

In fact, Alaska’s Clear and Equitable Share (ACES) program, which manages the redistribution of oil wealth in Alaska, brings in so much money that the state needs no income or sales tax. In addition, this year ACES will provide every Alaskan with a check for an estimated $3,200.

I would venture to say that the resources of Alaska,belonging to the citizens of Alaska,any income from those assets should belong to the citizens of the state.It's not like they are taking money away from some people and giving it to others.
The state of Alaska has vast land holdings that have been tapped for the resources.I believe that to return profits to the people is a far better plan than let the government decied what to do with it.When has any government spent money wisely,or benifited everyone equally?

Wow that Palin is a socialist! How dare she want to redistribute the wealth in Alaska? Seriously though are you surprised to find another piece of hypocrisy from the party of George W?

Well, does it surprise you much?

She thinks people who bomb abortion clinics aren't terrorists, but messengers from God.

And as far as she's concerned, seeing Russia from her house qualifies as foreign policy experience.

So is it any wonder that she throws around the word Socialist, which she has chosen to haphazardly slap on Obama?

I guess she's counting on her supporters not understanding the definition.

[edit on 29-10-2008 by chickenshoes]

[edit on 29-10-2008 by chickenshoes]

The "spread the wealth" from the Obama campaign is more of YOUR tax dollars and give them to more social programs for people that in MOST cases do not work.

This is a DIFFERENT type of share the wealth. I guess it is hard to understand I don't know...

Nice play on "distribution of wealth" by the way. Twist more please...

[edit on 29-10-2008 by Doom and Gloom]

Originally posted by Doom and Gloom
This is a DIFFERENT type of share the wealth.

Oh that's just swell! Now we have to write a dissertation on how Palin's socialism is so much better than Obama's. Hyprocrisy overdose?

Palin's taking $$$ from capitalists and gives cash to residents. If that's not a commie trick, I don't know what is.

And she's a lying hypocrite when she extolls the danger of electing Obama because he's a socialist!


[edit on 29-10-2008 by buddhasystem]

Originally posted by Doom and Gloom
The "spread the wealth" from the Obama campaign is more of YOUR tax dollars and give them to more social programs for people that in MOST cases do not work.

But he won't be taking more of my tax dollars as I don't make over $250,000 per year.

Read more about Alaska’s Clear and Equitable Share bill. It's a GREAT program, in my opinion.

House Bill 2001, dubbed Alaska’s Clear and Equitable Share, or ACES, includes a 25 percent tax on the net value of oil. It will also charge 0.4 percent for each dollar the price of oil rises above $52 per barrel. ACES allows for tax credits to encourage new development and reinvestment in existing infrastructure. It restricts capital expense deductions to scheduled maintenance and implements strong audit and information-sharing provisions.

Really, it sounds very similar to some of Obama's plans.

A "different kind" of socialism???

reply to post by Benevolent Heretic

www.bizjournals.com...

Since 1982, Alaska has been using income from its oil and gas revenues to pay yearly dividends to its nearly 600,000 residents. That state's permanent fund, which is funded by oil and gas revenues, now totals $31.3 billion. Alaska funnels 25 percent of all its oil and gas revenues into the permanent fund. Dividends are calculated based on a rolling five-year average of the fund's realized earnings. In 2004, each of Alaska's 600,760 residents got a check for $919.84 from the fund. The refunds totaled $552.6 million for that year.

Since 1982, Alaska has given $13 billion in oil and gas revenue dividends to its citizens.

Do you really not know the difference between "Welfare" and "Dividends"

Nice try!

Mod Edit: New External Source Tags – Please Review This Link.




[edit on 29-10-2008 by GAOTU789]

reply to post by Benevolent Heretic


This is a practice that has been in place for a VERY long time my friend. I have friends that were born in Alaska that received checks. It has NOTHING to do with Palin. It's the state's call and they decided to share the profits from their natural resources a LONG TIME AGO.

Just wanted to point this out.

Easy one.
State sovereignty:

The wealth stops here!!
That's where those decisions are to be made, at a state level.
Retaining state sovereignty is an important issue.
Otherwise, states send money to the Federal government, then they have to beg to get it back. Very creative begging sometimes.
The Federal government then divvy's it up, and there are always strings attached.

Originally posted by buddhasystem

Originally posted by Doom and Gloom
This is a DIFFERENT type of share the wealth.

Oh that's just swell! Now we have to write a dissertation on how Palin's socialism is so much better than Obama's. Hyprocrisy overdose?

Palin's taking $$$ from capitalists and gives cash to residents. If that's not a commie trick, I don't know what is.

And she's a lying hypocrite when she extolls the danger of electing Obama because he's a socialist!


[edit on 29-10-2008 by buddhasystem]

Dear God. *sigh and roll of eyes*

Seriously my friend. You have a HUGE monkey on your back. THIS HAS NOTHING TO DO WITH PALIN! This was started almost 30 years ago! Sheesh. It's a HUGE difference from a 'government' funded welfare system that the TAX PAYERS PAY!!! This is wealth generated from their NATURAL RESOURCES! I can't say it any clearer. There is a HUGE difference between forcing people who have worked very hard to become very wealthy to give their money up to the less fortunate (against their will) than for businesses within a jurisdiction paying dividends to the civilians of that jurisdiction.

If you guys can't see this difference I'm afraid you are SERIOUSLY blinded by your faith and love for your party.

Here I am again defending yet another candidate against a ridiculous claim.

Originally posted by dariousg
This is a practice that has been in place for a VERY long time

Palin signed this bill! Read the link.

Governor Palin Signs House Bill 2001

December 19, 2007, Anchorage, Alaska – Governor Sarah Palin today signed House Bill 2001 into law. HB 2001 was passed on November 16, 2007, the final day of the Legislature’s recent special session. The legislation effectively changes the state’s oil valuation system.

It really doesn't matter how long it's been happening. Palin supports it. She supports the GOVERNMENT involvement in taxing the corporations and sharing the wealth with the people.


[edit on 29-10-2008 by Benevolent Heretic]

Some of you have no grasp of what socialism is? All Alaskan residents get the exact same royalty check as a dividend of the money collected from the use of the public land in Alaska. The resident who makes over $250,000.00 a year gets the same check as the resident who makes $2.50 a year. How is that socialism? Alaska's dividend plan does not attempt to equalize the lifestyle of individuals. Isn't it obvious that the complete disregard of equal outcome stinks of capitalism?

Obama's plan is to take money from wealthier individuals and give it to the less wealthy. This is a focus on equal outcome instead of equal opportunity. Obvious socialism isn't it?


Somebody ring the bell. Classroom time is over now.

Originally posted by dariousg
THIS HAS NOTHING TO DO WITH PALIN! This was started almost 30 years ago! Sheesh. It's a HUGE difference from a 'government' funded welfare system that the TAX PAYERS PAY!!! This is wealth generated from their NATURAL RESOURCES! I can't say it any clearer. There is a HUGE difference between forcing people who have worked very hard to become very wealthy to give their money up to the less fortunate (against their will) than for businesses within a jurisdiction paying dividends to the civilians of that jurisdiction.

I really don't see how NATURAL RESOURCES (capitalization yours) all of a sudden exonerate Palin from this atrocity. Be it natural resources or not, a resident in Alaska gets a handout. Using your logic, oil companies have worked very hard and they must share the loot. But that's socialism, pure and simple. There is no difference. In the paragraph above, the jurisdiction can equally apply to the US of A.

BTW, last time I checked, Alaska was purchased from Russia with Federal money, so really every American should be given one of this Palin's Commie handouts!

Originally posted by dbates
Some of you have no grasp of what socialism is?

I grew up in a socialist country and I don't believe you can enrich me with some extra knowledge of what socialism is.

The resident who makes over $250,000.00 a year gets the same check as the resident who makes $2.50 a year. How is that socialism?

It's no different from subsidized medicine, gas or public transport where every rider in the bus gets same subsidy regardless of income.

Alaska's dividend plan does not attempt to equalize the lifestyle of individuals

Wealth is a logarithmic thing. For somebody who makes $250,000 - the three grand he or she receives aren't a game changer, but for somebody who only makes $11k, the difference in quality of life can be huge. So it does close the gap.

Besides, the money is taken from the corporations and dictributed around.

Classroom time is over now.

A little full of ourselves, are we?



[edit on 29-10-2008 by buddhasystem]

Nevada is trying to get a similar deal.
Many mining companies are pulling gold from our state.
A high percentage of them are not even American companies.
They pay little or no royalties to Nevada. They say they are creating jobs in the industry, however, few locals are employed. The only real boost is from these non-locals throwing a little cash around the nearby Wal-marts.

reply to post by buddhasystem

Really, you're just being difficult now. If a lumber company gives you money for harvesting trees on your land are you going to throw the money back at the sun? That's where the energy came from that produced the trees.

It's been a long-standing tradition for thousands and thousands of years that that the land owner owned the resources on their land be it water, trees, gold, or oil.

Alaska was purchased from Russia with Federal money, so really every American should be given one of this Palin's Commie handouts!

Sure, and we drove out the Native Americans when we (Europeans) settled here so all mineral resources should be given to the remaining Native American tribes no matter who owns the land.

Can we have a serious discussion on this or do we want to continue discussing asinine scenarios?

[edit on 29-10-2008 by dbates]

Originally posted by spacedoubt
Nevada is trying to get a similar deal.
Many mining companies are pulling gold from our state.
A high percentage of them are not even American companies.
They pay little or no royalties to Nevada. They say they are creating jobs in the industry, however, few locals are employed. The only real boost is from these non-locals throwing a little cash around the nearby Wal-marts.

That describes not only Nevada, but all of America under McCain's plan. "They say they are creating jobs whereas in fact they do it in Bangalore".

reply to post by buddhasystem


It's all about state sovereignty! Come on, there is a very real difference here. Yes, (in response to the OP), Palin signed this into law. They have to each year virtually and this has been going on for almost 30 years.

There is a HUGE difference. It's about the STATE allowing companies to drill for oil and other resources while sharing their profits with the state.

I guess it's a bit beyond many to grasp.

I don't want to rehash what has already been clearly explained here.

Just an FYI, I am NOT a McCain/Palin supporter and will not be voting for them.

I just don't like smear campaigns against human beings. This is a MAJOR twisting of the meaning of what is really going on. Typical BS and I'm quite frankly sick of it.

Is she a bad person? I don't know. I haven't met her and don't spend any personal time with her to make that call. Is all of the garbage being spread about her true? Not by a long shot.

By that matter, is everything being said about Obama, Biden and McCain true? No way. It's called spin and everyone is spinning their rears off right now to try and change the course of this extremely important election.

Unfortunately we have two very poor candidates to choose from. Yet again. That is getting very old. Something is going to break soon. It's inevitable.

reply to post by buddhasystem


Maybe that's true.
And if it is, that means all of us should look for a third party candidate, or write one in. Ron Paul is eligible in California now, as a write in. I hope a lot of Californians vote logically.