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  • #91
    Re: UAA recruits

    I will admit that I am completely ignorant with respect to the $54 billion fund, other than it is apparently financed by oil revenues, intended as some sort of "rainy day" protection, and results in an annual cash dividend to Alaska residents.

    For those of us in the lower 48 who probably don't know more than I do on that issue, is there a dispassionate explanation as to why the money can't or won't be spent by the state on general fund types of obligations like funding its colleges and universities? I assume there is some sort of political angle to it, but are there also legal restrictions? Is it some sort of fear that if the piggy bank is cracked open, then suddenly it will just be raided until it runs dry?

    I understand that low oil prices have really hurt Alaska's revenues, as they have in North Dakota. But even a modest investment return on $54 billion is a chunk of change in a state with less than a million people.
    That community is already in the process of dissolution where each man begins to eye his neighbor as a possible enemy, where non-conformity with the accepted creed, political as well as religious, is a mark of disaffection; where denunciation, without specification or backing, takes the place of evidence; where orthodoxy chokes freedom of dissent; where faith in the eventual supremacy of reason has become so timid that we dare not enter our convictions in the open lists, to win or lose.

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    • #92
      Re: UAA recruits

      Originally posted by SJHovey View Post
      I will admit that I am completely ignorant with respect to the $54 billion fund, other than it is apparently financed by oil revenues, intended as some sort of "rainy day" protection, and results in an annual cash dividend to Alaska residents.

      For those of us in the lower 48 who probably don't know more than I do on that issue, is there a dispassionate explanation as to why the money can't or won't be spent by the state on general fund types of obligations like funding its colleges and universities? I assume there is some sort of political angle to it, but are there also legal restrictions? Is it some sort of fear that if the piggy bank is cracked open, then suddenly it will just be raided until it runs dry?

      I understand that low oil prices have really hurt Alaska's revenues, as they have in North Dakota. But even a modest investment return on $54 billion is a chunk of change in a state with less than a million people.
      The 2025 Permanent Fund is projected to be worth 74 billion. A current growth rate of about 2 billion dollars a year. Yet, the twats in Juneau refuse to consider utilizing that income and instead the entire profits from the Fund are plowed back into the Fund. It's a right-wing fiscal-conservative circle-jerk of epic proportions. There are mechanisms built into the system to put those funds into the budget but the political will to do so doesn't exist.

      Comment


      • #93
        Re: UAA recruits

        Originally posted by uaafanblog View Post
        The 2025 Permanent Fund is projected to be worth 74 billion. A current growth rate of about 2 billion dollars a year. Yet, the twats in Juneau refuse to consider utilizing that income and instead the entire profits from the Fund are plowed back into the Fund. It's a right-wing fiscal-conservative circle-jerk of epic proportions. There are mechanisms built into the system to put those funds into the budget but the political will to do so doesn't exist.
        The "Understanding Alaska's Budget" website (http://www.alaskabudget.com/savings/) states there is 61 billion in the PFD account!!
        Originally Posted by aparch
        I love the "UA_" comment. When I see it, I think of re-runs of Match Game, and Gene Rayburn going "U, A, Blank... UA blank"

        From ADN:

        "According to NCAA, the (UAF) hockey team used ineligible players in every game played from the 2007-08 season to the 2010-11 season. Over that span, the wins and ties will all become losses. 4 wins and 2 ties came against rival UAA".

        UAF is 56-86-12 vs. UAA.

        Comment


        • #94
          Re: UAA recruits

          Originally posted by Blitz View Post
          A small fraction of the interest on that 54 Billion fund would be enough to not have to cut school athletic budgets.
          Blitz the problem is only a small fraction of the residents are not on some kind of full time government free money "Program or Grant" and their Battle cry is "don't cut my free ****".
          Alaska Dispatch .... Doyle Woody
          UAF made the kind of hockey history on October 10th 2015 that no team wants to claim – the Nanooks became the first NCAA Division I victim of Arizona State.


          Originally Posted by WeWantMore At least you guys have Packers colors.

          I Must be Famous ....a School named their program after me

          Comment


          • #95
            Re: UAA recruits

            Originally posted by Suze View Post
            The "Understanding Alaska's Budget" website (http://www.alaskabudget.com/savings/) states there is 61 billion in the PFD account!!
            http://www.apfc.org/home/Content/home/index.cfm is the Permanent Fund's website ... 54 billion in value ...

            Your link adds the constitutional reserve account and points to other accounts as well ... it's more accurate to say they have 61 billion available than 54.

            If I were to spend $100,000 a day ... it would take me 1670 years to spend 61 billion. Unless my math is totally hosed ...

            Anyway, they ain't touching any of that dough.

            Comment


            • #96
              Re: UAA recruits

              Originally posted by uaafanblog View Post
              The 2025 Permanent Fund is projected to be worth 74 billion. A current growth rate of about 2 billion dollars a year. Yet, the twats in Juneau refuse to consider utilizing that income and instead the entire profits from the Fund are plowed back into the Fund. It's a right-wing fiscal-conservative circle-jerk of epic proportions. There are mechanisms built into the system to put those funds into the budget but the political will to do so doesn't exist.
              The problem is that the Permanent Fund is preserved in our Constitution and it takes a vote of the people to take any money from it. Based on the feedback I've read at AK Dispatch online, most think the athletics are a waste of money. I doubt any vote to use the money for collegiate athletics would pass.
              Originally Posted by aparch
              I love the "UA_" comment. When I see it, I think of re-runs of Match Game, and Gene Rayburn going "U, A, Blank... UA blank"

              From ADN:

              "According to NCAA, the (UAF) hockey team used ineligible players in every game played from the 2007-08 season to the 2010-11 season. Over that span, the wins and ties will all become losses. 4 wins and 2 ties came against rival UAA".

              UAF is 56-86-12 vs. UAA.

              Comment


              • #97
                Originally posted by Suze View Post
                The problem is that the Permanent Fund is preserved in our Constitution and it takes a vote of the people to take any money from it. Based on the feedback I've read at AK Dispatch online, most think the athletics are a waste of money. I doubt any vote to use the money for collegiate athletics would pass.
                Yeah, given the reactions I've seen its gonna take a rather sizable silent majority to suddenly rise up on this and speak out. Given what happened in the primaries I wouldn't expect much political support either.
                U-A-A!!!Go!Go!GreenandGold!
                Applejack Tells You How UAA Is Doing...
                I spell Failure with UAF

                Originally posted by UAFIceAngel
                But let's be real...There are 40 some other teams and only two alaskan teams...the day one of us wins something big will be the day I transfer to UAA
                Originally posted by Doyle Woody
                Best sign by a visting Seawolf fan Friday went to a young man who held up a piece of white poster board that read: "YOU CAN'T SPELL FAILURE WITHOUT UAF."

                Comment


                • #98
                  Re: UAA recruits

                  NCAA Ice Hockey has a nice tweet about UAA hockey - stating it will have one of the top defenses in the WCHA.

                  https://twitter.com/NCAAIceHockey
                  Originally Posted by aparch
                  I love the "UA_" comment. When I see it, I think of re-runs of Match Game, and Gene Rayburn going "U, A, Blank... UA blank"

                  From ADN:

                  "According to NCAA, the (UAF) hockey team used ineligible players in every game played from the 2007-08 season to the 2010-11 season. Over that span, the wins and ties will all become losses. 4 wins and 2 ties came against rival UAA".

                  UAF is 56-86-12 vs. UAA.

                  Comment


                  • #99
                    Re: UAA recruits

                    Congrats to Kurt's son, Daniel Haider (and Seawolf to be) for scoring the game winning goal for the Ice Dogs with 6 seconds left! He also had an assist in the game.

                    While looking at the Ice Dogs roster, I was shocked to see the UAA recruit, Julius Marva, has played 3 games for them. He is still listed on the UAA roster. What the heck? He turns 21 in January. He won't be able to play juniors after he turns 21, correct?
                    Last edited by Suze; 09-18-2016, 12:48 AM.
                    Originally Posted by aparch
                    I love the "UA_" comment. When I see it, I think of re-runs of Match Game, and Gene Rayburn going "U, A, Blank... UA blank"

                    From ADN:

                    "According to NCAA, the (UAF) hockey team used ineligible players in every game played from the 2007-08 season to the 2010-11 season. Over that span, the wins and ties will all become losses. 4 wins and 2 ties came against rival UAA".

                    UAF is 56-86-12 vs. UAA.

                    Comment


                    • Re: UAA recruits

                      Originally posted by Suze View Post
                      Congrats to Kurt's son, Daniel Haider (and Seawolf to be) for scoring the game winning goal for the Ice Dogs with 6 seconds left! He also had an assist in the game.

                      While looking at the Ice Dogs roster, I was shocked to see the UAA recruit, Julius Marva, has played 3 games for them. He is still listed on the UAA roster. What the heck? He turns 21 in January. He won't be able to play juniors after he turns 21, correct?
                      None of the four Finnish players have pictures on UAA's roster page while every other incoming fresman does. That explains Marva ... Maybe the other 3 Finn's are just allergic to photography?

                      Comment


                      • Re: UAA recruits

                        Originally posted by Suze View Post
                        Congrats to Kurt's son, Daniel Haider (and Seawolf to be) for scoring the game winning goal for the Ice Dogs with 6 seconds left! He also had an assist in the game.

                        While looking at the Ice Dogs roster, I was shocked to see the UAA recruit, Julius Marva, has played 3 games for them. He is still listed on the UAA roster. What the heck? He turns 21 in January. He won't be able to play juniors after he turns 21, correct?
                        I think that is pretty cool he plays for the Ice Dogs.

                        Comment


                        • Re: UAA recruits

                          Originally posted by Suze View Post

                          While looking at the Ice Dogs roster, I was shocked to see the UAA recruit, Julius Marva, has played 3 games for them. He is still listed on the UAA roster. What the heck? He turns 21 in January. He won't be able to play juniors after he turns 21, correct?
                          Not correct.
                          Alaska Dispatch .... Doyle Woody
                          UAF made the kind of hockey history on October 10th 2015 that no team wants to claim – the Nanooks became the first NCAA Division I victim of Arizona State.


                          Originally Posted by WeWantMore At least you guys have Packers colors.

                          I Must be Famous ....a School named their program after me

                          Comment

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