Permanent Fund trustees lean away from risk

And Peltola is not the only Democrat taking cash from Hamas sympathizers

Nov 01, 2023

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Yikes! The MRAK website was broken on Monday and many readers reported that links from the newsletter didn’t work. It was a good half day before it was restored. The cause? A software upgrade at Must Read Alaska’s hosting company that did not go as planned. Monday’s newsletter is here, for those who missed it.

All of the newsletters since January are archived at this link.

Permanent Fund Board leans against doing riskier investments

Stock trading is a balancing act: Risk comes with a potential for loss as well as gain. How much is too much? The board of trustees are trying to hit that sweet spot. The board also went for greater transparency at its Monday meeting.

Several hundred students in Mat-Su walk out in protest of conservative school board

They want the school board to stop taking highly controversial pornography out of school libraries and they want the student representative position on the school board reinstated. Who put them up to it? It’s all part of the election going on in the Valley that has the attention of the Alaska Democratic Party and its operatives who are targeting Board members Ole Larson and Kathy McCollum, who are up for reelection and who are opposed by liberals. The election ends Nov. 7.

Sullivan lauds roll-out of caps on lawyers poaching pockets of Marines

Those sickened by pollutants at Camp LeJeune will not be gouged on their legal fees. It’s something the senator has worked on for years.

Peltola is not the only vulnerable Democrat taking toxic cash

House members who have gotten contributions from radical anti-Israel lawmakers join Peltola in the Toxic Treasure Chest Club.

Alaska liberty group sues Biden for access to secret communications

When it comes to all of the oil and gas shutdowns in Alaska, who was making those decisions? Where is the paper trail? Americans for Prosperity Foundation wants to know, but the Biden Administration is blocking the release of the documents.

I appreciate all of the generous Alaskans who keep this conservative project going!

On the move

Lydia Haigh is the new membership and office manager at the Alaska Chamber of Commerce.

Laura Martinson-McDonnell is the new president of the Juneau Chamber of Commerce.

Chief Bos, (Derek Bos) is the new Juneau police chief. He hails most recently from Eagle, Colorado, and replaces retiring Ed Mercer.

Delta Greely School District Superintendent Shaun Streyle has resigned after five years, and will return to South Dakota.

Alaska Miners Association annual convention is Nov. 6-9 in Anchorage at the Denaina Center. It looks like a rock solid agenda.

Question of the week: Do you support the Willow Project?

Supreme Court begins season that has First, Second Amendment cases

Can public officials block social media users who badger them? That’s a case that will have ramifications in Alaska.

GOP governors lean on NCAA to keep bio-men out of bio-women sports

Led by South Dakota Gov. Kristi Noem, nine states brought their case directly to NCAA President Charlie Baker, warning the former Republican Massachusetts governor that, without a change in rules, “truly remarkable female athletes” were at risk of being dominated by “average male athletes.”

Comer has receipts — checks made out to Joe Biden

The timing of the $200,000 payment from James to Joe Biden is curious and linked to a payment James Biden received.

FBI director: ‘A time for vigilance’

The agency is seeing an uptick in threats from Islamist individuals and groups and said several times that Americans should be vigilant: “If you see something, say something.

National Organization for Women says ‘Trans women are women’

The feminist organization has expanded its scope to include men who have surgery and other treatments to appear as women.

This day in history

Nov. 1, 1947, a retail sales tax took effect at Sitka, the first in Alaska. It was 4% until the 1990s, but voters increased it to 5% after the pulp mill shut down in 1993 and the city lost revenue. It was briefly raised to include a seasonal 6% tax, but that has since expired and the all-year-long rate is back at 5% as of July, 2023.

Alaska oil: $88.49
Henry Hub gas: $3.35
Alaska North Slope Production: 489,842
Permanent Fund (principal and earnings reserve): $74,465,600,000

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