Economy | National politics

Dependence on Government Rises:
Average Federal Aid Passes Average Disposable Income

WASHINGTON, FEB. 8, 2012—The average American relying on federal government assistance receives more in benefits than the average American’s disposable personal income, according to The Heritage Foundation’s newly released 2012 Index of Dependence on Government.

The Index reports Americans who rely on government receive an average $32,748 worth of benefits, surpassing the average American’s disposable personal income of $32,446.

Overall, the Index—which scores the nation’s dependency across numerous federal assistance programs that were once done through communities, churches, neighborhood groups and the private sector—rose 8.1 percent in 2010 from the most recent data available.

Read more at the Heritage Foundation.

Alaska | Economy | Military | National politics | Veterans

Alaska Officials Pledge to Oppose Base Closures

By Dan Joling | AP
ANCHORAGE—Defense Secretary Leon Panetta’s announcement that the Pentagon will seek new rounds of military base closures drew a swift response from Alaskans who watched a similar process nearly gut Eielson Air Force Base in 2005.

Alaska’s congressional delegation and Gov. Sean Parnell issued a joint statement saying they will stand together to resist attempts to close or shrink Alaska bases.

Read more in the Peninsula Clarion.

Alaska | Economy | Outdoors | Utilities

You Asked For Winter, So Head North to Alaska!

By Brian Edwards | ACCUWEATHER
Alaskans have been experiencing the most brutal winter conditions of anybody in the United States this season. Thanks to cold being bottled up across the Northwest Territories and Alaska, the season has been chock full of snow, frigid temperatures, and plenty of ice fog to go around.

Read the full story at Accuweather.com.

Economy | Federal Regulation | Oil & Gas | Transportation

Opinion: Keystone Pipeline
A Key Ingredient Missing from Obama’s Economic Recovery Recipe

The Heritage Foundation
President Obama’s State of the Union address laid out his long-term economic recovery plans, which he claims will “work for everyone, not just a wealthy few.” That is, unless it is the pipeline construction business. President Obama’s politically intoned decision to reject TransCanada’s permit application to construct a 1,700-mile pipeline from Alberta, Canada, to Texas refineries last week sent a clear message that special-interest demands are more important than more energy and much-needed job creation.

Read full opinion piece at the heritage.org.

Alaska | Alaska Politics | Economy

Labor: Moderate 2012 Job Growth in Alaska

AK DOL Press Release
JUNEAU—The Alaska Department of Labor and Workforce Development’s annual job forecast is 1.2 percent job growth in 2012, a modest gain in Alaska for a third straight year. The state’s employment levels dropped briefly in 2009 due to the national recession. Read more->

Alaska | Alaska Politics | Economy | Oil & Gas

Mailing glitch results in early Permanent Fund filings

by Jeff Richardson | FAIRBANKS DAILY NEWS-MINER
FAIRBANKS — Filing for an Alaska Permanent Fund dividend check is a happy ritual for most Alaskans, but this year some residents have been a little too eager to get their paperwork in the mail.

The Alaska Department of Revenue has received hundreds of applications this week for the 2012 PFD and expects as many as 1,000 could arrive in Juneau by the end of the year.

That prompt attention comes with a drawback: Applications aren’t valid unless they’re signed and delivered after Jan. 1.

Read more: Fairbanks Daily News-Miner – Mailing glitch results in early PFD filings

Alaska | Economy | News | Politics

Alaska is 3rd fastest-growing state, says Census Bureau

By Hope Yen | AP
Texas, Utah and Alaska were the fastest-growing states in 2011, according to new Census Bureau estimates. Alaska’s population grew 1.8 percent from April 2010 through June 2011, double the nationwide average. Alaska’s estimated population on July 1, 2011, was 722,718, a gain of about 12,500, reports the Census Bureau.

Read full story in the Anchorage Daily News.

Economy | Energy | National politics | Oil & Gas

Oil Prices Predicted to Stay Above $100 a Barrel Through Next Year

By Diane Cardwell and Rick Gladstone | NY TIMES
The United States economy managed to cope this year despite triple-digit prices for barrels of oil. The lessons may come in handy, economists say, because those prices will probably be sticking around.

With Iran threatening to cut off about a fifth of the world’s oil supply by closing the Strait of Hormuz and unrest in Iraq endangering the ability to increase production there, financial analysts say prices for two important oil benchmarks will average from $100 a barrel to $120 a barrel in 2012.

Read full article in the New York Times.

Alaska | Alaska Politics | Economy | Environment

Coastal management would cost est. $5.4 million

AP | ADN
JUNEAU — Lt. Gov. Mead Treadwell estimates a proposed coastal management program would cost $5.4 million a year. The program is being proposed as a ballot initiative.

Read more in the Anchorage Daily News.

Alaska | Economy | Endangered Species | Federal Regulation

Ribbon seals on track for Endangered Species listing
More more climate speculation to feed endless parade of “endangered” species

Alex DeMarban | ALASKA DISPATCH
The National Marine Fisheries Service has renewed plans that may lead to a listing of the ribbon seals under the Endangered Species Act, bringing to three the number of ice-dependent seals in Alaska that could be protected by the act.

The agency rejected a ribbon-seal listing in 2008 but said new information warrants a second look. That’s disappointing news, said Rick Rogers, executive director with the pro-industry Resource Development Council in Anchorage.

The combined population of ribbon, bearded and ringed seal populations in the Beaufort and Chukchi seas exceed 1 million animals, so why should they fall under the act’s protections, he wondered.

Read full article in the Alaska Dispatch.

Economy | Military | National politics | Oil & Gas | Transportation

Can U.S. lawmakers stomach the cost of new icebreakers?

Mia Bennett | ALASKA DISPATCH
The U.S. Congressional Subcommittee on Coast Guard and Maritime Transportation, part of the Transportation and Infrastructure Committee, held a hearing earlier this month on U.S. Coast Guard operations in the Arctic. The chief topic of concern was icebreakers. As I reported back in February, the U.S. will be without heavy icebreakers for at least two years.

Read full article in the Alaska Dispatch.

Economy | National politics

THE U.S. FINANCIAL PLAN
In understandable numbers…

Can you imagine running a country using these numbers?

  • United States Tax revenue: $2,170,000,000,000
  • Fed budget: $3,820,000,000,000
  • New debt: $ 1,650,000,000,000
  • National debt: $14,271,000,000,000
  • Recent budget cut: $ 38,500,000,000

Now, remove 8 zeros and pretend it’s a household budget.

  • Annual family income: $21,700
  • Money the family spent: $38,200
  • New debt on the credit card: $16,500
  • Outstanding balance on credit card: $142,710
  • Total budget cuts: $385

REALLY BRINGS THE ISSUE HOME, DOESN’T IT?

Hat tip: Jim Carnahan

Economy | Opinion

Profits Are for People

By Walter E. Williams | TOWNHALL.COM
The Occupy Wall Street demonstrators are demanding “people before profits” — as if profit motivation were the source of mankind’s troubles — when it’s often the absence of profit motivation that’s the true villain.

Read full column at Townhall.com.

Alaska | Economy | Federal Regulation

Alaska: Not Just the Last Frontier–Our Best Option.
Murkowski Floor Speech Focuses on Broken Promises, Alaskan Aspirations

Sen. Lisa Murkowski

Press release
WASHINGTON, DC – At times educational and historic, other times scathing and critical, Senator Lisa Murkowski today took to the U.S. Senate floor to commemorate the 144th anniversary of Alaska Day.

She set a sober tone early in the speech when she shared that she is “worried about the future of Alaska – not because of the global economy, not because of high unemployment levels, but because of the treatment we experience at the hands of our own federal government.”  Read more->

Economy | Opinion | Politics

Wall Street Protesters Half Right

John Stossel | TOWNHALL.COM
What’s there to say about Occupy Wall Street? The answer isn’t so simple. Some complain about taxpayer bailouts of businesses. Good for them. In a true free market, failing firms would go out of business. They couldn’t turn to Washington for help.

But many protesters say they’re against capitalism. Now things get confusing.

Read Stossel’s column in Townhall.com.

Alaska | Economy | National politics | Transportation

Rep. Young Speaks Out On Bypass Mail

U.S. Rep. Don Young

WASHINGTON, D.C.– Alaskan Congressman Don Young released the following statement regarding the House Committee on Oversight and Government Reform’s passage of H.R. 2309, the Postal Reform Act of 2011, which includes a provision that would have a drastic effect on the bypass mail program on which many Alaskans rely:

Read more->

Economy | Politics | Whitehorse

Whitehorse Building Boom
Figures confirm strong economic growth in the Yukon

by Chuck Tobin | WHITEHORSE STAR
WHITEHORSE, YT–The value of construction in the city continues to eclipse last year, according to figures compiled by the city.

Last month alone, the city issued construction permits for housing and other projects with an estimated total value of $14.3 million, according to records.

In September 2010, the value of construction permitted in September was $4.3 million.

The total value of construction for the first nine months of this year is estimated at $86 million, compared to $59.2 million to the end of September last year.

For all of 2010, the total value was estimated at $69.4 million.

The city calculates the value of construction based on the estimated development cost of a project when the building permit is issued, not including the price of the land.

Read more in the Whitehorse Star.

Economy | Haines | Haines Assembly | Local Politics

On Political Polarization…

Economy | Haines | Local News

Miles Furniture Store has New Owners
Bradfords invest in Haines with the purchase of this mainstay business.

Miles Furniture Showroom, 5th and Main in Haines

For years, Haines folks have had the luxury of a locally owned source for furniture, carpets, floor coverings, appliances, home electronics and more.  Today, Scott and Candi  Bradford are the proud new owners of Miles Furniture Showroom.

The new owners are enthusiastic about their new purchase.  ”We’re not making too many changes right away,” said Scott Bradford, “The only immediate change will be some hobby items, Yankee candles, and some pet supplies in that corner in the front of the store. Otherwise, the store and the business will remain the same.” Then he smiled and added, “I’m one of only a half-dozen Lionel Model Train dealers in Alaska.”  Read more->

Economy | Haines | Haines Assembly | Uncategorized

OPINION: Haines Recall Stirs Strong Opinions

The smaller the community, the more the politics take on the intensity of a family feud.

Haines, a small town on the road system in the Alaskan wilderness, has more than the usual degree of political buzz going on, with the mayor, and all but one assembly seat up for either election or recall. In a town sharply divided between radical left ideologies and a few radical right wingers as well, control of the borough assembly is up for grabs.  Read more->

Alaska | Alaska Politics | Economy

2011 Permanent Fund Dividend is $1,174

Governor Sean Parnell and Revenue Commissioner Bryan Butcher released the amount of the 2011 Permanent Fund Dividend

Press release:
ANCHORAGE–Governor Sean Parnell today announced that 647,549 eligible Alaskans will receive a 2011 Permanent Fund Dividend in the amount of $1,174. According to the Department of Revenue, 676,000 Alaskans applied for the 2011 Dividend. This represents a one percent increase over 2010 applications.

Read more->

Economy | Local Politics | National politics | Opinion

Back to the Future?
It’s time to learn from history; Sowell gets right to the point in part 2 of 2

by Thomas Sowell | TOWNHALL
The grand myth that has been taught to whole generations is that the government is “forced” to intervene in the economy when there is a downturn that leaves millions of people suffering. The classic example is the Great Depression of the 1930s.

What most people are unaware of is that there was no Great Depression until AFTER politicians started intervening in the economy.

Read Part I in Townhall.com.
Read Part II in Townhall.com.
Read Part II in Townhall.com.

Alaska | Alaska Politics | Economy

Alaska retirement funds add billions as market rises
State investment managers exceed Permanent Fund for the year

By Pat Forgey | JUNEAU EMPIRE
JUNEAU–Alaska’s retirement savings accounts, second in size in the state only to the Alaska Permanent Fund, had stellar returns in the just completed 2011 fiscal year, new state data shows.

The strong returns will help out the state’s underfunded retirement plans with the addition of $2.9 billion to the funds’ assets during the year.

Read the whole story in the Juneau Empire.

Alaska | Economy | Endangered Species | Federal Regulation

Polar bear scientist probe started with complaint

By Dan Joling | ASSOCIATED PRESS
An investigation of a federal scientist in Alaska whose observations of drowned polar bears spurred national publicity on climate warming was started after allegations made by another Interior Department employee.

Read full article in the Anchorage Daily News.

Economy | Haines | Lifestyle | Outdoors

Economic Improvement and Downtown Revitalization
The Olerud family does it the old-fashioned way…

HAINES–The Olerud family’s side-by-side Alaska Sport Shop and Olerud’s Market Center present an attractive welcome to visitors arriving in Haines by highway.  The new facelift on the Market Center adds a tasteful appearance to Main Street, as well as practical amenities such as covered porches and handicap access for customers.  Read more->

Chip Bok
bokbluster.com
Feb 21, 2012

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Publisher Information:

Alaska Alliance for Commerce, Inc. (AAFC)
P.O. Box 784
Haines, Alaska 99827

Editor:

Roger L. Maynard
P.O. Box 784
Haines, Alaska 99827
editor@hainesnews.net

The Haines Alaska News is a public information service of the Alaska Alliance for Commerce, Inc., a grassroots movement organized to advocate for small business and a free market economy in Alaska.

The AAFC is organized under section 501(C)(4) of the U.S. Tax Code; contributions are not tax deductible.