Common Sense

Tonight I read Glenn Beck's article, "Media ignores Alaska's fiscal success during economic crisis," and was frustrated that traditional news sources have not given Alaska's fiscal policies the praise they deserve.

California Budget ($30 Billion Deficit) vs. Alaska Budget ($6.6 Billion in Reserve)

"When oil prices were high and the state was bringing in a ton of cash, the State of Alaska didn't spend all the money on new unsustainable programs. They didn't, you know, try to give everybody on the planet free healthcare. They didn't search everywhere for places to dump money while claiming, you know, they were the wealthiest country on Earth, they are the wealthiest state in the land, this will go on forever. They didn't do it. What they did is they saved."

Alaska has a two year rainy day reserve and even in these hard times, their existing $1 billion education fund is expected to increase by another $1 billion this year.

"So their two years of survival includes putting away a billion dollars for future school expenses, and Sarah Palin's reaction to all of this, she's calling for another $268 million to be cut out of the budget. Reductions. She has at least $7.6 billion in a bank account that she could be spending on moose museums named after Sarah Palin. 'She built the Sarah Palin moose museum.' But she's still cutting the fat."...

"[California] chose to spend the money that they wanted to spend on things they didn't need but wanted to have. They decided that they were going to socialize their state and they're asking the only people who recognize it [the republicans] to ignore how they got into this mess and vote for an additional $25 billion in tax hikes and borrowing. They were asking the only people who are drawing a line in the sand and saying, 'This is insanity!' They are blaming it on them and saying, 'You just won't let us fix this problem.' That's like having the arsonist stand outside of the house and the arsonist pointing to the fireman saying, 'He won't give me any more gasoline. I can stop this fire!'"

"Alaska tapped their natural resources. They didn't spend their cash when times were good. Now they can handle whatever comes their way and they're still putting more away and giving a share of oil revenues back to the people all at the same time. California won't even give their tax refunds back, money that Californians paid in taxes, overpaid, California's sending them an IOU. And yet the media and many Americans look at California as sophisticated and progressive and smart, and Sarah Palin, well, she's crazy."

Sounds like Sarah Palin's administration has the fiscal plan for success. What do you think?