Jay Hammond, Alaska Governor and Creator of the Permanent Fund



Learn Politics on mps-politics.com. Jay Hammond, Alaska Governor and Creator of the Permanent Fund article will help answer your questions on Politics.We at mps-politics.com specialize in Politics. Politics at mps-politics.com provides the most up to date news and articles. If you have questions please do not hesitate to contact us.

Former Governor of Alaska, Jay Hammond, died at age 83, peacefully at his home in Lake Clark, Alaska. He served Alaska as its Governor from 1974 to 1982, the years during which Alaska built an incredible oil pipeline, banked a large amount of the oil lease revenues, and created a dividend program that every resident of Alaska benefits from yearly.

Very few men are ever fortunate enough to be so productive during their public life. Not surprisingly, Jay Hammond was respected and admired by a huge population. He was the “quintessential Alaskan,” as state senator Fred Dyson put it.

Jay Hammond came to Alaska following his service as a Marine fighter pilot during World War II. He bought an amphibious plane and worked as a bush pilot and trapper. Later he worked for the US Fish and Wildlife Service. He developed a keen eye for protecting and preserving the environment. Even as a developer of Alaska’s natural resources, Hammond ensured that development did not proceed at the expense of environmental protection.

Hammond was elected to the state legislature in 1959 and served several terms. He then became mayor of the Bristol Bay Borough and served as a state senator. In 1974 he was elected Governor for the first of two terms.

During his tenure as Governor, Hammond oversaw the building and the opening of the Alaska Pipeline, the oil pipeline that runs from Prudhoe Bay to Valdez. He preserved a large portion of the oil lease revenues in the form of a Permanent Fund. The Fund has been in existence now for over 25 years, a form of saving account for the state.

The Permanent Fund might have been spent any number of times, but Hammond inspired the State to create a Dividend program to provide incentive for keeping the Fund intact. The Dividend program provides a yearly payment to every resident of Alaska. The Permanent Fund is like a large pension fund that every Alaskan is proud of and benefits from. Thanks to Jay Hammond, the Fund enjoys protection and will remain in place for many years to come.

Jay Hammond and his wife, Bella, lived for the past many years at Lake Clark where they homesteaded originally 50 years ago. Lake Clark is an awesome and gorgeous large lake in the Aleutian chain of mountains not too far from Anchorage via float plane. Remember, it was the adventure of being a float plane pilot that brought Hammond to Alaska originally.

Hammond was a humble man and displayed a warm sense of humor. Once, during a re-election debate in 1978, he was asked if he believed he was the best choice to be Governor. Hammond replied, “No, there are plenty of other Alaskans who can do a much better job than I could. Unfortunately, none of them are running.”

The consensus was that Jay Hammond was the best man for the job, and he will be remembered that way.



Acid-Alkaline Diet Simplified! - Achieve permanent weight loss, experience vibrant health, and reverse the aging process with this complete home study course.
New, Unique Cure For Tmj! - Foolproof system to relaxes your face muscles and cure Tmj permanently. As soon as today! No Medicines! No Dental Implant!

There are some things that the House of Representatives are trying accomplish that should be supported in my opinion. Here is a hotlist of good legislation that is on the books. These are not the... [Author: Ken Keplinger - Politics and Government - March 28, 2011]


Article Index: | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60


More Articles:


1. US Social Security - Is President Bush A Robin Hood After All? By Angelique Van Engelen
The Organization for Economic Cooperation and Development issued a report Monday that pointed out that even though the US proposals will yield a system that reaches the poor in a more redistributive way than many other countries, the average pay outs of the government pensions are rather low at around 51% of a retiree's previously earned salary as compared to over 70% in other OECD countries.Only New Zealand and Ireland outperform the US in reaching its poorest nationals because they have simp…

2. The Federal Trade Commission, reality check By Lance Winslow
Federal Trade Commission Owes Industry and Entrepreneurs an Apology. The Federal Trade Commission’s Consumer Protection Division’s Franchise Group owes the industry and entrepreneurs an apology for their “Piss Poor Performance” additionally those who run the division need to be fired and forfeit their pensions. The problem stems from a grandstanding approach to enforcement and willingness to lie and self aggrandize themselves in cases. Filing false cases often in secret courts, using bad profi…

3. Nothing to Fear
March 12, 2003 Nothing to Fear Terror is meant to change policy. Fear is meant to support policy. This is the Old World idea of balance. Guns change votes and that is why democracy is found nowhere. Nor would we want democracy if we had a choice, because we know the majority is more often wrong than right. In fact, the majority loves to be deceived and chooses deceivers to lead them down the road to glory. Europe has had so much of this last Century, it balks at the idea of supporting any poten…
Hydroxycut
Teen On Drugs
4. Sodomy By Lance Winslow
Sodomy is against the law, yet goes on every day across our nation. The vice of buggery is so pervasive in certain regions of our country that even heterosexuals in our population are a risk of contracting AIDS. The human anatomy was not set up for a homo sapiens male penis to enter the rectum of another male; it is not equipped for that function. In Washington D.C. the vice of buggery is so common in the halls of Congress, that it is nearly impossible to tell who has the moral character to le…