Friday, April 01, 2011

April Fools: Chenault, Costello, Dick, Fairclough, Feige, Foster, Gatto, Hawker, Johansen, Johnson, Keller, Lynn, Millett, Munoz, Olson, Pruitt, Saddler, Stoltze, Thomas, Thompson, P. Wilson, T. Wilson

These are the Alaska House members who voted yesterday to give some of the largest corporations in the world about $2 billion a year in hopes the oil companies will invest more in Alaska oil production. The companies in turn had to guarantee. . .

nothing whatsover. They even said out loud they wouldn't promise anything.

As regular readers know, I rarely take a strong stand on an issue because generally I can see more than one side. Sometimes there are only two sides - the right one and the wrong one. It's hard to find any 'right' in the arguments for passage of HB 110. They are all literally incredible. Those who argue they don't want to lose their jobs or their children's future jobs (many who testified) failed to show the connection between giving these breaks to the oil companies and increased oil production in Alaska. Others worship at the Church of Capitalist Fundamentalism which preaches government is Satan and the market is the miracle cure for everything. They have forgotten (or never knew) that even gods of capitalism, like Milton Friedman, warned of capitalism's
Soon to be on endangered species list in Alaska
failures. Some have forgotten the Bill Allen story, or maybe they think that the reversal of fortune for the FBI and the Federal prosecutors means they have a free period to make deals with oil companies. This last group may be more crooks than fools. I'm sure there are other forms of delusion I'm overlooking.

I heard a rumor that an unnamed legislator slipped language into HB 110 that makes the rabbit's foot the state talisman.  Every Alaskan will be required to carry at least one at all times.

But let's also salute those who voted no (including two Republicans):

Austerman, Doogan, Edgmon, Gara, Gardner, Gruenberg, Guttenberg, Herron, Holmes, Joule, Kawasaki, Kerttula, Miller, Petersen, Seaton, Tuck.

Doing right is its own long-term reward. Thank you!

Should the Senate go along with this (reports are that they won't) the oil companies could possibly make some gesture that looks like the vote caused them to reinvest in Alaska. But they really don't have to and are arrogant enough not to. And if they do, just count the dollar benefit to Alaska against the dollars we would have given away. It won't be close. And will the yea votes and their supporters realize they were taken? Don't count on it. They'll find reasons to explain why 'conditions' changed and they weren't wrong.


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