| Subject: | Re: [socialcredit] Re: COGEXEC: Norm Kurland: Plagiarist | | Date: | Sunday, September 4, 2005 18:27:06 (-0600) | | From: | Martin Hattersley <hattersleyjm @.........com>
|
Just a word on the origins of the Alaska Permanent Fund.
I was on an Edmonton Chamber of Commerce goodwill tour to the North, I
believe sometime in the early eighties - at any rate quite a time after
Alberta's Social Credit government had been voted out of office.
One of the people on the trip was Russ Patrick, former Minister of Mines and
Minerals in the Manning Government.
When we reached Fairbanks, Alaska, and were the guests of the local chamber,
I was surprised to find Patrick made the hero of the evening, seated at the
head table, and treated like royalty.
It was then that the story came out. Some time previously, when Alaska was
deciding how to handle its oil wealth, Patrick and Premier Manning had been
secretly flown up to Alaska at very short notice at the requqest of the
Governor one weekend, to give advice on how the matter should be handled.
Presumably what they advised then made some contribution to the scheme that
was ultimately adopted, which I believe is one of the best ways oil wealth
can be handled.
Alas, it's about the last idea that Alberta's present Conservative
government would ever think of! It gives too much power to those at the
bottom of th heap!
Martin Hattersley
1970-10123-99 St.,
EDMONTON AB CANADA
e-mail: hattersleyjm@interbaun.com
----- Original Message -----
From: "William B. Ryan" <w_b_ryan@yahoo.com>
To: <cogexec@cog.kent.edu>; <socialcredit@elistas.com>
Sent: Sunday, September 04, 2005 6:04 PM
Subject: Re: [socialcredit] Re: COGEXEC: Norm Kurland: Plagiarist
>I don't know, but it's a reasonable inference that
> Douglas had something to do with it, if indirectly, I
> think. Alaska's closest neighbors are the Canadian
> provinces of British Columbia and Alberta. A
> significant minority of the state's population derives
> from immigrants from Western Canada. The major plank
> of the Social Credit movement throughout the world
> from the early 1920s was the social dividend
> distributed to everyone equally by right of
> citizenship. A former Alberta provincial treasurer
> participated in the drafting of the plan, etc.
>
> In the broader perspective the Alaska dividend has
> more than two decades of experimental evidence
> supporting several important aspects to Social Credit
> theory, though it derives from a natural resource
> windfall rather than the public's more general credit,
> making it especially applicable to places like Iraq
> that have such windfalls.
> -
>
> It is useful to compare the Alaska experience to the
> Kelsoist gimmicks that have hijacked some of the same
> populist rhetoric.
>
> Loans were not used to finance the Alaska plan so debt
> was never involved.
>
> Royalties from the oil windfall were and are invested
> into a diversified portfolio of real estate and
> securities.
>
> The Permanent fund is prohibited from drawing down
> principal to pay dividends.
>
> Dividends may only be paid from investment income,
> which is what makes the fund permanent.
>
> These are precisely the aspects that so infuriate
> Kurland and his sycophants.
> -
>
> If you will notice, Kurland's schemes, despite the
> sanctimonious populist rhetoric, always involve loans,
> which are used to purchase existing capital in the
> name of designated beneficiaries, guaranteeing profits
> to the financing banks and the former owners of the
> purchased capital, and guys like himself who put the
> deals together.
>
> Future profits are mortgaged against the financing
> loans. Dividends are hypothetically paid only after
> the financing loans are fully paid off, assuming at
> that point in time there are profits, which is what
> makes their schemes so problematic. Diversification
> is a word that is not to be uttered from the lips of a
> Kelsoist if he is to escape the wrath of Kurland.
>
> The Kelsoist scheme for Alaska was to utilize loans to
> purchase British Petroleum's one-sixth interest in the
> Alaska Pipeline, pledging the one-sixth interest's
> future "tariffs" against the "self-financing" loans.
>
> One thing for sure, the scheme would have definitely
> made a select group of privileged people rich, except
> the supposed beneficiaries, the people of Alaska.
>
> Thank God is was rejected by the people of Alaska in
> referendum, and the self-serving Kelsoist United
> States Senator from Alaska voted out of office. (I am
> quite aware he might have been voted out anyway in the
> Reagan landslide.)
>
> Now Kurland is trying to push the same boondoggle on
> Iraq.
> -
>
>
> --- Keith Wilde <nschwartz@cogeco.ca> wrote:
>
> OK, what we see here is more of the self-puffery and
> exaggeration that strays beyond the boundary of truth.
> With that I am familiar. The wonder and aggravation
> of it is really the question of how much influence
> Kurland and his associates are able to sell on the
> basis of what does appear to be a substantial degree
> of fantasy and distortion. Your probing into some of
> the claims (e.g. accounting credentials) did expose
> what seems to be a pattern of behavior that is almost
> deliberately self-delusional.
>
> I nonetheless remain puzzled by your consistent charge
> of plagiarism w.r.t. Kelsoists. In respect of the
> Alaska Plan in particular, how do you know that it was
> inspired by Douglas? I don't recall having heard that
> before (but I'm not always listening either).
>
> Keith
>
>
> ----- Original Message -----
> From: "William B. Ryan" <w_b_ryan@yahoo.com>
> To: <cogexec@cog.kent.edu>; <socialcredit@elistas.com>
> Sent: Saturday, September 03, 2005 11:56 AM
> Subject: [socialcredit] Re: COGEXEC: Norm Kurland:
> Plagiarist
>
> Keith, the date is merely the smoking gun. The
> plagiarism is that he claims that Chalabi's proposal
> is his own, and that it represents a "reversal" from
> his "previous" advocacy of the Alaska model, which is
> the lie. Chalabi's proposal was and continues to be
> inspired by the Alaska model, which he and his
> advisers repeatedly cite. They have not once
> mentioned "Binary Economics" or Norm Kurland in any
> public forum, despite Kurland's illusions of grandeur.
> They may not be aware of the term.
>
> You might remember a couple of years back when Rodney
> Shakespeare stupidly claimed that the Alaska Dividend
> was the implementation of "Binary Economics."
>
> I replied that, on the contrary, Kelso, Gravel and
> Kurland vehemently opposed the Dividend plan when it
> was proposed, and tried to promote their alternative
> scheme--something quite different in purpose and
> intent.
>
> That set Kurland off on his usual tirade.
> -
>
>
>
>
>
>
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