Spreading the wealth

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In tough times, Senator John McCain told a New Hampshire rally last week, “the redistribution of wealth is the last thing America needs.” Alaskans might disagree. This year, every single resident of Alaska — no matter how young or poor or productive — will receive a $3,269 check from the state. A family the size of Alaska Governor Sarah Palin's household will receive $19,416. Alaska has been “spreading the wealth” ever since a 1976 state constitutional amendment created a special fund that invests at least 25 percent of the rentals and royalties Alaska gets from letting oil companies operate on state-owned land. Most of the earnings from these investments go directly to state residents. Any state, says the U.S. Basic Income Guarantee Network’s Karl Widerquist, could follow the Alaska model. Explains the political scientist: “Alaska has oil wealth; other states have mining, fishing, hydroelectric, or real estate wealth.”

[url=http://www.toomuchonline.org/GreedCurrent.html]Link[/url]

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McCain's Hero: More Socialist Than Obama!McCain can call Obama a socialist or he can call Teddy Roosevelt his hero. He can't do both.

[url=http://www.slate.com/id/2202950/pagenum/all/]Link[/url]

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