#oilcos — Public Fediverse posts

🤦 Those in the upper-income brackets, #NonRez & #OilCos love to see op-eds like this. They know the #akleg spending cuts will never happen, but that the discussion will continue to divert attention from developing substitute revenues that they would otherwise pay. https://alaskawatchman.com/2026/06/04/the-right-question-after-paying-a-full-pfd-how-can-alaska-fund-key-services-at-a-lower-cost/

Some rationalize #akleg PFD cuts on the basis that it's "free money" anyway. But the "free money" doesn't go away with the cuts; the benefits just transfer to the Top20%, #NonRez & #OilCos. What's REALLY going on is they just want the "free money" for themselves. https://alaskalandmine.com/landmines/brad-keithleys-chart-of-the-week-they-dont-really-object-to-free-money-they-just-want-more-of-it-to-flow-to-their-pockets-instead/

The 2026 ISER report on #akleg fiscal options CLEARLY outlines paths for saving 80% of #AKfams tons of money. To date, NO candidate for #AKgov has included those paths in their platform. Why? Probably b/c the paths would require contributions from the Top20%, #NonRez & #OilCos. https://alaskalandmine.com/landmines/brad-keithleys-chart-of-the-week-significantly-reducing-the-impact-of-the-states-fiscal-burden-on-alaskans/

The #akleg is operated mostly for the benefit of the Top20%, #OilCos & #NonRez. Some #akleg are there entirely to protect that, some understand it and play the game to get what they can for select interests & some (most??) are clueless and just go along. Very, VERY few push back.

Some #akleg talk tough on PFDs, then fold when told they will need to use taxes to con't to fund even minimal govt. Turns out, when push comes to shove, they care more about the Top20%, #NonRez & #OilCos than middle & lower income (80%) of #AKfams. https://alaskalandmine.com/landmines/brad-keithleys-chart-of-the-week-significantly-reducing-the-impact-of-the-states-fiscal-burden-on-alaskans/

MOST intellectually dishonest argument to rationalize PFD cuts? "It's just less free money."

The "free money" doesn't disappear. Cutting the PFD just shifts its benefit to the Top20%, #NonRez & #OilCos. They get MORE of it. https://alaskalandmine.com/landmines/brad-keithleys-chart-of-the-week-they-dont-really-object-to-free-money-they-just-want-more-of-it-to-flow-to-their-pockets-instead/

@AKHCoalition: There's nothing more important than #AKfam affordability!!!

Also @AKHCoalition: Well, except for taxes, then we prefer the "most regressive tax ever proposed" in order to make sure that WE & our donors in the Top20%, #NonRez & #OilCos can dodge.

#akleg

Middle & lower-income Alaskans are told that cuts to their PFDs are being used to pay for govt. What they are really being used for is to shield upper-income Alaskans, #OilCos & #NonRez from paying their share of the costs of govt thru taxes. #akleg https://alaskalandmine.com/landmines/brad-keithleys-chart-of-the-week-alaskas-super-socialists/

PFD cuts are about one thing only: protecting the Top20%, #NonRez & #OilCos from the costs of #akleg spending.

Rather than spreading the impact broadly, PFD cuts instead focus the burden almost entirely on middle- & lower-income #AKfams. https://alaskalandmine.com/landmines/brad-keithleys-chart-of-the-week-they-dont-really-object-to-free-money-they-just-want-more-of-it-to-flow-to-their-pockets-instead/

When PFD's are cut, the "free money" doesn't disappear. The benefit just transfers to the bank accounts of #NonRez, #OilCos & upper-income #AKfams.

Who pays for that? Middle- & lower-income #AKfams. #akleg

https://buff.ly/Y8K07jZ

The expectation by the Top20% & #OilCos of free govt services (maintained by PFD cuts) is a cancer that has infected Alaska's political system and, as a result, is slowly killing the state. The entitlement mentality it has created is sickening. #akleg https://buff.ly/s4aoAyt

ALL of the #akleg POMV draw is "free money." The PFD largely benefits middle & lower-income #AKfams; the portion used to fund govt (substitute for taxes) largely benefits #NonRez, #OilCos & #UpperIncome. PFDcuts simply shift more "free money" to the latter. https://alaskalandmine.com/landmines/brad-keithleys-chart-of-the-week-alaskas-super-socialists/

Economically, the "free money" from PF earnings is used either to fund PFDs or to shield #NonRez, #OilCos & the Top20% from taxes to cover add'l govt spending. Those pushing PFD cuts just want to use more as a tax shield for the protected class. #akleg https://buff.ly/A7Az3TZ

Some claim the PFD was a temporary program until the govt "needed" the money. False. It is a way of permanently splitting the commonly owned "free money" 50/50 b/w 1) middle & lower-income #AKfams on one side, and 2) upper-income, #NonRez & #OilCos on the other. #AKleg PFDcuts just give more and more of the wealth to the second. https://alaskalandmine.com/landmines/brad-keithleys-chart-of-the-week-they-dont-really-object-to-free-money-they-just-want-more-of-it-to-flow-to-their-pockets-instead/

Permanent Fund earnings are the return on Alaska's commonly owned wealth. Current law divides them 50/50 between 1) middle & lower income #AKfams, and 2) the Top20%, #NonRez & #OilCos. Ignoring that, the #akleg is tilting them more and more to the latter. https://alaskalandmine.com/landmines/brad-keithleys-chart-of-the-week-they-dont-really-object-to-free-money-they-just-want-more-of-it-to-flow-to-their-pockets-instead/

Some self-proclaimed "fiscal conservatives" are, instead, fiscal plutocrats, more interested in using the "free money" from the Permanent Fund to shield the Top20%, #NonRez & #OilCos from govt costs than fairness for middle & lower-income #WorkingAKfams. #akleg #cronycapitalists

The core of any Alaska fiscal proposal is how it deals with the "free money" from PF earnings. PFD shares below 50/50 disproportionately benefit the Top20%, #NonRez & #OilCos over MIDDLE & lower-income (80% of) #AKfams. #akleg #plutocratic https://buff.ly/ZGoc6eJ

There's no "ambiguity" around the PFD statute. It's clear and so is the fact that the #akleg has repeatedly violated it to shield the Top20%, #NonRez & the #OilCos to help pay for the costs of govt. https://buff.ly/PBCOBEO

At its core, Rep. Zack Fields' proposal to means-test the PFD is just another proposal to protect the Top20%, #NonRez & #OilCos from paying a proportionate share of the costs of increased spending by taxing middle and, by reducing the level, even lower-income #AKfams instead. #akleg https://buff.ly/hh5OTJg

At its core, Rep. Zack Fields' proposal to means-test the PFD is just another proposal to protect the Top20%, #NonRez & #OilCos from paying a proportionate share of the costs of increased spending by taxing middle and, by reducing the level, even lower-income #AKfams instead. #akleg https://buff.ly/hh5OTJg

At its core, Rep. Zack Fields' proposal to means-test the PFD is just another proposal to protect the Top20%, #NonRez & #OilCos from paying a proportionate share of the costs of increased spending by taxing middle and, by reducing the level, even lower-income #AKfams instead. #akleg https://buff.ly/hh5OTJg

🙄 Persily with his periodic misdirect on behalf of the Top20%, #NonRez & #OilCos. As much as he repeats it, the problem 𝙞𝙨𝙣'𝙩 the PFD. It's the state's failure to develop equitable & low-impact revs. That's the #AKgov's failure. It's also Persily's. #akleg https://buff.ly/3Po1WBB

🙄 Persily with his periodic misdirect on behalf of the Top20%, #NonRez & #OilCos. As much as he repeats it, the problem 𝙞𝙨𝙣'𝙩 the PFD. It's the state's failure to develop equitable & low-impact revs. That's the #AKgov's failure. It's also Persily's. #akleg https://buff.ly/3Po1WBB

🙄 Persily with his periodic misdirect on behalf of the Top20%, #NonRez & #OilCos. As much as he repeats it, the problem 𝙞𝙨𝙣'𝙩 the PFD. It's the state's failure to develop equitable & low-impact revs. That's the #AKgov's failure. It's also Persily's. #akleg https://buff.ly/3Po1WBB

Not prioritized? #WorkingAKfams. #akleg

By failing to propose a more equitable revenue approach, Dunleavy continues the policy of using PFD cuts to fund growing govt spending from the pockets of middle & lower-income #AKfams, while letting the Top20%, #NonRez & #OilCos go scot-free. https://www.adn.com/opinions/2024/12/13/opinion-here-are-my-priorities-for-alaska-in-the-proposed-state-budget/

Not prioritized? #WorkingAKfams. #akleg

By failing to propose a more equitable revenue approach, Dunleavy continues the policy of using PFD cuts to fund growing govt spending from the pockets of middle & lower-income #AKfams, while letting the Top20%, #NonRez & #OilCos go scot-free. https://www.adn.com/opinions/2024/12/13/opinion-here-are-my-priorities-for-alaska-in-the-proposed-state-budget/

Not prioritized? #WorkingAKfams. #akleg

By failing to propose a more equitable revenue approach, Dunleavy continues the policy of using PFD cuts to fund growing govt spending from the pockets of middle & lower-income #AKfams, while letting the Top20%, #NonRez & #OilCos go scot-free. https://www.adn.com/opinions/2024/12/13/opinion-here-are-my-priorities-for-alaska-in-the-proposed-state-budget/