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Alaska to start drilling

apdst

apdst

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Now, we have some rea-live job creation taking place.

Oh...wait...that's not really the objective, is it?

Alaska Gov. Sean Parnell, a Republican, announced the plan on Thursday by teleconference at a Washington press conference held in conjunction with the U.S. Chamber of Commerce. It would allow the state to start allowing drilling in the Beaufort Sea, up to three miles off the federally protected regions of ANWR and the National Petroleum Reserve-Alaska, bypassing the need for federal permission. It also appears calculated to ramp up political pressure on the administration to allow new drilling on the contested federal lands and waters.

NationalJournal.com - Alaska Pushes Drilling Plan for Offshore, Area Near ANWR - Thursday, June 30, 2011
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apdst said:
Now, we have some rea-live job creation taking place.

Oh...wait...that's not really the objective, is it?
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Great! The citizens of Alaska could use some more socialism checks. Would really help during these tough times.
 
Deuce said:
Great! The citizens of Alaska could use some more socialism checks. Would really help during these tough times.
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Socialism checks?
 
So, remind me again why oil drilling is acceptable for creating new jobs, but building high speed rail isn't.
 
apdst said:
Socialism checks?
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Alaska writes a check to all of its households each year from taxes collected from oil companies.
 
atrasicarius said:
So, remind me again why oil drilling is acceptable for creating new jobs, but building high speed rail isn't.
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It's the difference between the private sector and the government funding the job creation.
 
Deuce said:
Alaska writes a check to all of its households each year from taxes collected from oil companies.
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Oh, that. Actually, Alaskans receive a cut of the royalties that the oil companies pay. Big difference between that and taxes. Definitely a far cry from socialism.
 
atrasicarius said:
So, remind me again why oil drilling is acceptable for creating new jobs, but building high speed rail isn't.
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Show me a single High Speed rail that makes any money as opposed to being a subsidy pit?

Amtrak Office of Inspector General

EVALUATION REPORT E-08-02

Public Funding Levels of European Passenger Railroads

April 22, 2008

EXECUTIVE SUMMARY

There have been numerous claims made about the relative financial performance of European Passenger Train Operations and the amount of Public Funding they require to remain operationally viable. This review examines the Public Subsidies that have been provided for European Passenger Train Operations and then compares these funding levels to that of Amtrak.

Overall Conclusions

After examining a representative sample of European Passenger Train Operations over a multi-year period, we found that:

a) When all revenues and expenses for the entire passenger train system are taken into consideration, European Passenger Train Operations operate at a financial loss and consequently require significant Public Subsidies, and

b) The average annual subsidies for European Passenger Train Operations are much higher than those for comparable Amtrak services.

http://amtrakoig.gov/sites/default/files/reports/E-08-02-042208.PDF
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