$900 Billion divided by US population of 328 Million =
$2743.9024390243903 Per US Capita
– $600 Hypothetical Perfect Per Capita Payout* = $2143.9024390243903
X 328Million =
$703,200,000,000.00…POOF!
Where Does it Come From & Where Does It Go & Who Is Paying For It?
In 2019, the gross federal debt amounted to around 69,060 U.S. dollars per capita.
It’s more than likely to make a big gain this year… which means more taxes for everyone and from all levels and most assuredly the lives of everyday Americans will not really change much, certainly not for the better.
And Yes… Our nation is still spending billions overseas but not really to the amounts that people think. The biggest overseas expenditures are really listed as ‘aid’ to foreign nations because they are more related to national ‘defense’ issues.
👀There are literally millions of words in the almost 6000 page “Relief/Rescue” bill that base the actual amount upon things like past income and benefit, the $600 is the hypothetical perfect situation that most Americans do not fall under. So that means that the $703.2 Billion of POOF money is actually higher.
Digging the hole deeper isn’t fixing anything and only works to entrench the corporate enslavement of We the People.
BTW… Trumps threat to VETO the ‘Rescue/Relief’ bill and wanting the per capita payout increased to $2000.00 is something that he is doing right. Those resources that the corporatocracy in DC keep on POOFing away as America falters all around belong to We the People.
No Pretty Picture To Accompany This PostBecause There's Quite Simply Nothing Pretty About The Situation.
During my scroll n' troll this morning I ran across this little video done by Roy Beck on immigration. Beck is the founder of NumberUSA and a former journalist. He says this about how Congress has been performing...
"Nearly every measure Congress was taking to improve the American quality of life was being undermined by congressional immigration policy"
"Starting to deal with the issue of illegal immigration is much like starting to deal with any leak. Yes, Find It, Stop It... And Yes, Clean It Up. We know where the leak is, along the border. We know why there is a leak, the conditions suck South of the Border."
So I made the claim that my Alaska House Rep had said something along the lines of 'with or without the public's consent' when asked about how the Alaska Legislature is going to address the fiscal fiasco. I got a few messages saying that that was not what he said.
Last year during the 29th Alaska State
Legislature, the notion of using a portion of the Permanent Fund profits
normally allocated to pay out the annual dividend was floated by several
legislators and the Governor.These
circumstances came out of a decade of above-inflation deficit spending,
lopsided agreements with oil companies and government growth.Immediately into fray supporting grabbing
more money from Alaskans was a coalition of corporate interests that all stand
to benefit from the continued growth of Our government.The other company he mentioned was Lynden.Both of these companies stand to lose big
bucks as state spending is reduced, so of course it benefits them for the
budget to be funded as much as possible, thus there support for the coalition
of businesses calling themselves, Alaska’s Future.
Almost immediately a resistance to this idea sprung up and
multiple outlets were established to amplify the voices of Alaskans.However, those voices were quite frankly
ignored.Petitions were presented and
people spoke out in groves against the path being taken by Our representatives
way down there in Juneau.Readers should
check out this link: http://protectthepfd.com/currently/monday-memothank-you-alaskans
from last April.
Only 13% of the legislators even bothered to read an email
containing signatures and comments from 100 Alaskans.That petition eventually garnered 860+
signatures and was forwarded to the Alaska Legislature and Governor’s
Office.We have no way of knowing what
happened to it once there other than the fact that Governor Walker did in fact
veto about half of the funds to payout the PFD in 2016.This action was contrary to his position as a
populist candidate that wasn’t supposed to do business as usual in Juneau.Petition Link: https://www.change.org/p/calling-on-alaskans-to-stop-the-alaska-governor-legislature-from-using-the-permanent-fund-for-deficit-spending
Fast Forward to the 30th Alaska Legislature…
During a Town Hall event at the local LIO on March 18, 2017;
Alaska House Speaker Bryce Edgmon mentioned that he had met with several large
business interests that relayed to him that they had in fact seen a decrease in
their Alaska operations.One in
particular that stood out was Alaska Airlines.Edgmon went onto to say that the airline company attributed it mainly to
the reduction of ‘state travel’.During
this same exchange he also mentioned the “work” being done by Alaska’s Future
and The Rasmussen Foundation, both advocates of using PFD funds and new taxes
to fund growing government.And Growing
Government is exactly what Alaskans are getting… that ‘hard work of making
cuts’ as claimed by the Legislature is a sham.
In the graph below with was created using the figures as
provided by the Alaska Governor’s Office of Management & Budget, one can
clearly see that the State of Alaska’s budget isn’t being cut at all and is
growing faster than inflation. All that’s happened is a shell game of shifting
money around.
This is the third time (3 years in a row) I am publishing this... it's still applicable despite all our efforts to steer the #AKleg towards reducing government waste and growth. This morning on Talk of Alaska... Pete Kelly said that reducing/impacting the PFD doesn't affect the private economy in Alaska. Ummm....
“Everything is on the table,” said Sen. Kevin Meyer, R-Anchorage, incoming Senate president. The Alaska Legislature has pretty much said that resource revenue sharing and renewable energy development are going to get scaled back or even cut altogether. This will have to most impact in Rural regions where municipalities are strained enough already.
The 'everything' also includes the State Governments operations as well. However, the biggest hurdle We face is the fact that a great bit of the work process in the Alaska Gov't is because of Federal legal and regulatory mandates. The two-edged sword of Federal contributory spending comes swinging around and gives us the same choice on both side... do it this way or the Feds take over.
Cutting the State of Alaska's spending has to immediately start at Stopping The Leak. All giveaways and cash incentive programs that cause negative impact upon the income of Alaska per whatever quantity must be stopped immediately. On the first day, a simple bill applying to All resources should be introduced. This bill should be in the spirit of the Alaska Constitution that clearly states that the resources belong to the People of Alaska and that none should ever be favored over another and of course the financial benefit to the State of Alaska.
The tax structure in Alaska seems to change every 5 years or so, which makes truly sustainable planning damn near impossible. This has to change and as part of that change, We the people have to kick the lobbyists out of Juneau and Alaska altogether. Other resource states like Norway and Qatar have operated in this fashion and have succeeded to amass great public wealth and thriving economies from making the resource industry pay for the rights to unleash wholesale destruction upon their lands.
Right now is the perfect time for the Governor and Legislature to take the reins of Our resources and restore the benefit to Alaska First. Time and time again the oil industry has lobbied for changes in the taxation structures that have left Alaska holding the empty bag. Aren't the representatives in Juneau elected by We The People and aren't they supposed to be working for Alaska?
When asked about Alaska's revenue problem, The Senator said; ”Frankly I really don’t even want to discuss additional revenue sources other than maybe marijuana because we have to,” said Meyer, adding that the fishing, mining and oil and gas industries are already overtaxed.
If those industries that are mainly outside and foreign controlled were 'overtaxed', then Alaska would do well to look elsewhere for more income, but that's not really the case. The resource industry will continue to drill as long as the oil & gas is in the ground and they will pay what the costs are. There's no reason for Alaska to keep on selling short, because all We are accomplishing is setting up future generations of Alaskan for difficulties. We have to stop the leak now, before We have to go begging at the Federal table for more and more just to make ends meet.
In deciding how to cast your votes in the upcoming elections across Alaska, We ask that you consider these factors:
The Constitution of the State of Alaska Says…
Article I, § 7. Due Process No person shall be deprived of life, liberty, or property, without due process of law. The right of all persons to fair and just treatment in the course of legislative and executive investigations shall not be infringed.
Article VIII, § 16. Protection of Rights No person shall be involuntarily divested of his right to the use of waters, his interests in lands, or improvements affecting either, except for a superior beneficial use or public purpose and then only with just compensation and by operation of law. The resources of Alaska are held in Trust by the State and are to be used for the common benefit of the People as We are the ‘Source of Government’. The Alaska State Constitution in Article I, § 2, also affirms this. It reads; “Source of Government - All political power is inherent in the people. All government originates with the people, is founded upon their will only, and is instituted solely for the good of the people as a whole.”
The recent actions and inactions of the Alaska State Legislature and Governor clearly run afoul of the State’s Constitution. After a decade of above inflation deficit budgeting, the government is now seeking to take from the people in order to benefit outside and foreign entities. This is in effect treasonous and an affront to the voters and citizenry of Our state that rely upon Our government to take care of Our resources for Our benefit and well-being. Remember next week as You head to the polls for the party primaries that just about every incumbent has voted in favor of the aforementioned deficit spending, government indebtedness in the form of tax credits and incentives for outside entities and a slew of other legislative actions that have contributed to the faltering fiscal health of Our Alaska. But don’t forget this as You consider the candidates that will be on the election slate in November either… many Republican and Democratic legislators have ‘caucused’ together behind the hidden doors down in Juneau to further grow the debt of Our government while the lives of everyday Alaskans haven’t been improved at all.
Is This What We Should Be Accepting From Our Government?
“Everything is on the table,” said Sen. Kevin Meyer, R-Anchorage, incoming Senate president. The Alaska Legislature has pretty much said that resource revenue sharing and renewable energy development are going to get scaled back or even cut altogether. This will have to most impact in Rural regions where municipalities are strained enough already.
The 'everything' also includes the State Governments operations as well. However, the biggest hurdle We face is the fact that a great bit of the work process in the Alaska Gov't is because of Federal legal and regulatory mandates. The two-edged sword of Federal contributory spending comes swinging around and gives us the same choice on both side... do it this way or the Feds take over.
Cutting the State of Alaska's spending has to immediately start at Stopping The Leak. All giveaways and cash incentive programs that cause negative impact upon the income of Alaska per whatever quantity must be stopped immediately. On the first day, a simple bill applying to All resources should be introduced. This bill should be in the spirit of the Alaska Constitution that clearly states that the resources belong to the People of Alaska and that none should ever be favored over another and of course the financial benefit to the State of Alaska.
The tax structure in Alaska seems to change every 5 years or so, which makes truly sustainable planning damn near impossible. This has to change and as part of that change, We the people have to kick the lobbyists out of Juneau and Alaska altogether. Other resource states like Norway and Qatar have operated in this fashion and have succeeded to amass great public wealth and thriving economies from making the resource industry pay for the rights to unleash wholesale destruction upon their lands.
Right now is the perfect time for the Governor and Legislature to take the reins of Our resources and restore the benefit to Alaska First. Time and time again the oil industry has lobbied for changes in the taxation structures that have left Alaska holding the empty bag. Aren't the representatives in Juneau elected by We The People and aren't they supposed to be working for Alaska?
When asked about Alaska's revenue problem, The Senator said; ”Frankly I really don’t even want to discuss additional revenue sources other than maybe marijuana because we have to,” said Meyer, adding that the fishing, mining and oil and gas industries are already overtaxed.
If those industries that are mainly outside and foreign controlled were 'overtaxed', then Alaska would do well to look elsewhere for more income, but that's not really the case. The resource industry will continue to drill as long as the oil & gas is in the ground and they will pay what the costs are. There's no reason for Alaska to keep on selling short, because all We are accomplishing is setting up future generations of Alaskan for difficulties. We have to stop the leak now, before We have to go begging at the Federal table for more and more just to make ends meet.
