Recently, a nurse friend told me how she was never going to retire because of the money she lost in the stock market. I am constantly receiving e-mails from investment groups, telling me how to make money in these volatile economic times. It is always about money and our love of it.
Alaskans follow this general love of money. We have $44 Billion invested in our permanent fund. The primary focus is about making money. Do we care about what companies we invest in?
Exxon Mobil — $162 million invested. Do we care what they did to Alaska’s environment and people? No, as long as they make money for us.
BP — $53 million invested. Do we care what they did to Alaska’s environment or the destruction in the Gulf last year? No, as long as they make money for us.
General Electric — $71 million invested. Do we care they paid no federal income tax last year? No, as long as they make money for us.
The “banks too big to fail”-295 million invested. Do we care what they did to the global economic system? Do we care about their control of Washington D. C.? No, as long as they make money for us.
These mega-corporations understand they can do anything, as long as they deliver what we the people love most-money.
Alaska is at a pivotal time in our history. We the people must build a large volume gas line, to the Port of Valdez, for the future of all Alaskans.
The choice is ours. What do we love the most, our money or our future?
Comments (3)
Add commentWhy does the State continue to do Business w/ B P ?
Thur 8/11/11
Many many times I have asked this Question & I have yet to get a Answer.
Why does the State of Alaska continue to do Business with B P?
A Corporation that Kills It's Very Own Employees then their neglect creates the largest Oil Spill in American History.
That issue is avoided & a answer has never been provided & there is some sort of Alaskan Social Taboo to even mention the issue ?
SPW in Sloooooooowdotna
@spwright
Careful there, friend. Questioning the actions of Big Oil is equivalent to High Treason.
Oilmen have peepers. Peepers to watch. To watch for a moment of weakness and then BAFF comes the knock in the head and we're down!
Choice
Since the PF is at $44 billion.Why not invest in the Alaska Citizen's Oil,&Gas company.Hire trained Alaskan's for the labor force.Every citizen that receives a PF check gets an equal piece of the Company That is owned by the Alaskan.Politics,and big oil would have NO say in the development,or exploration of the states natural resources.Makes a little sense to me.How about You?