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You should donate it to the poor provinces.
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Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree... -
IIRC in Alaska, everyone over 18 years old gets $1000/yr or something after living there for 5 or 6 years. Wheres space05us? He should know this stuffDo they give it out to everyone over, say, 16 years of age in Alaska?meet the new boss, same as the old bossComment
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He's sleeping with 16 year old Mexican girls.Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...Comment
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Btw ALberta: Remember, a fool and his money are soon parted.
You have to spend these surplusses productively: new infrastructure (highways, airports, river improvements), new oppurtunities (all levels of education, training programs, investment in local communities), etc.
Tax cuts are good too, but corporations or rich guys don't need them. Start with the poor, and dont buy the "trickle down" BS
After that, if you have any money left over, beautify Alberta with it. Parks, museums, etc.
meet the new boss, same as the old bossComment
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Didn't he post a thread and say he was trying to hook up with this latina receptionist or something?Originally posted by chegitz guevara
He's sleeping with 16 year old Mexican girls.meet the new boss, same as the old bossComment
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This is an interesting dilemma. I think it should all go into an investment fund, as Alaska does. Alaska's funds under management are $29 billion, or about $50,000 per person. From 1/2 of the fund's earnings, you get dividends. This year that's $845.76. The dividend is based off of the fund's investment earnings rather than oil earnings.
The thing to watch out for is the politicians spending the money on stupid **** when times are good. At least when you give dividends, the stupid **** that people buy will be their own choice and will be spread out to the bad times. As anybody who is in an oil producing area knows, the oil business is boom-bust.
Last edited by DanS; September 25, 2005, 15:12.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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FYI, I note that Norway has a similar fund set up for health and pension costs. $158 billion under management, or about $35,000 per person.
It seems that Alberta hasn't sat down and figured what to do with its riches. It should do so ASAP.Last edited by DanS; September 25, 2005, 15:24.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Hillarious. Oil companies jack up their prices, so the government starts handing out tax money to everyone and people some how think this is compensation.
Rethink Refuse Reduce Reuse
Do It OurselvesComment
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Alberta has a similar fund called the Heritage Savings Fund, it'll generate $934M in income this year (~$300 per capita), and the current value is $12.4B ($3900 per capita)."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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Alberta and Albertans benefit in the grand scheme of things with high oil prices...Originally posted by General Ludd
Hillarious. Oil companies jack up their prices, so the government starts handing out tax money to everyone and people some how think this is compensation.
And it's not tax money. I reckon you ought to learn how oil royalties and energy revenues affect Alberta.
"The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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They should put the entire amount into the HSF rather than giving out cash, IMO.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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I'm with DanS. I'm sure he feels the need to go wash now.Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...Comment
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IIRC half of the surplus is legislated to go into the HSF automatically. The other half can be put into one-time spending of various sorts, or put in for investment.Originally posted by DanS
They should put the entire amount into the HSF rather than giving out cash, IMO."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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Reading the HSF information, I don't like how it's set up. Investment income goes to the government's general fund rather than directly to the people. It will make you all welfare queens, in the end.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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The whole point was to have the fund to offset oil prices when they suck for the government, not to pay dividends to the people.
Alberta does without a lot of tax that the other provinces use for income, relying on energy royalties. If oil prices and gas prices suck, the energy royalties suck and there is a funding shortfall. Rather than go into debt or raise taxes, the idea was to use the investments as something to make up for it."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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