If you don't live here in Alaska you might not have a clue as to what that is. But way back in 1976 when the oil began flowing from the north slope the governor. Jay Hammond, a republican governor at that, fought for and was successful in establishing a constitutionally mandated permanent fund that sets aside about 25% of the oil revenue to be paid to each and every Alaskan. Back then Alaska had leaders like Jay Hammond who I never voted for, and these leaders thought that every resident should share in the oil wealth. Now a days it would seem that they had some sort of delusion that government should be of and for the people?
Some people like t bagger joe miller come to mind what with 10 people in his household the millers will be pocketing 12,000.00 Not bad money for a baby maker that wants to do away with Social Security, the Department of Education, Unemployment Insurance and well just about anything else that the Koch brothers don't think we need.
You can imagine what a boon to cash strapped Rural Alaska the PFD is. There is no real economy in Rural Alaska. The people exist on subsistence, well mainly government supported subsistence.
So what you going to do with your PFD?
What ever you spend it on I hope you think about what a devastating effect oil is having on all the things that keep us alive.