Alaska Free Fall: Losing New Businesses Faster than ANY Other State

entrepreneurs

The American economy is less entrepreneurial now than at any point in the last three decades. That’s the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978.

Not only that, but during the most recent three years of the study — 2009, 2010 and 2011 — businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011.

The authors don’t mince words about the stakes here: If the decline persists, “it implies a continuation of slow growth for the indefinite future.” This lack of economic dynamism, particularly the steep drop since 2006, may be one reason why our current recovery has felt like much less than a recovery. As Matt O’Brien noted on Wonkblog last week, annual job growth rates have stubbornly refused to budge above 2 percent for the duration of the recovery.

The authors of the Brookings study dug beyond the national numbers to look at the change in new firms at the state and metro levels and found that they generally mirrored the national trends.

. . . Alaska had the largest drop in new business, at 61 percent. Hawaii, Vermont, New Mexico and Wyoming rounded out the bottom five. Teasing out the causes of the overall decline or the variation between states is difficult; the authors stressed to me that their data don’t answer the questions of why or how just yet. But they will be looking into that in the months ahead.

Read more from this story HERE.

Alaska Hunter Bags World Record Grizzly Bear

Photo Credit: Fox News

Photo Credit: Fox News

Larry Fitzgerald and some pals were moose hunting near Fairbanks, Alaska, when they came across fresh bear tracks in the snow. Three hours later, the auto body man had taken down the grizzly that left the prints, an enormous bruin that stood nearly 9 feet tall and earned Fitzgerald a place in the record books.

Although Fitzgerald shot the bear last September, Boone and Crockett, which certifies hunting records, has only now determined the grizzly, with a skull measuring 27 and 6/16ths inches, is the biggest ever taken down by a hunter, and the second largest grizzly ever documented. Only a grizzly skull found by an Alaska taxidermist in 1976 was bigger than that of the bear Fitzgerald bagged.

“I’m not really a trophy hunter, or anything,” Fitzgerald, 35, told FoxNews.com. “But I guess it is kind of cool.”

Fitzgerald brought down the bear from 20 yards, with one shot to the neck from his Sako 300 rifle. He said he knew from the tracks he was on the trail of a massive grizzly, but only learned this week that he held a world record.

“We knew it was big,” he said. “It was a rush.”

Read more from this story HERE.

TRAGEDY: 2 Alaska State Troopers Killed

Photo Credit: Facebook

Photo Credit: Facebook

Two Alaska State Troopers were shot and killed Thursday when they were conducting an investigation in the Interior Alaska village of Tanana, the agency and a local shopkeeper said.

Killed were Sgt. Patrick “Scott” Johnson and trooper Gabriel “Gabe” Rich,” agency spokeswoman Megan Peters said in a release. Both worked out of the troopers’ Fairbanks rural service unit.

Troopers have released few details about the incident in the isolated community located about 130 miles west of Fairbanks, other than saying one person has been detained. No roads lead to Tanana and travel there is mainly by aircraft. Residents live a largely subsistence lifestyle.

The troopers had gone to Tanana to follow up on a Wednesday night report that someone “had brandished a firearm in the village,” Peters said, adding she didn’t immediately have any further details of what happened.

Read more from this story HERE.

Miller: Republican Establishment Must Make Peace with Conservatives

Launch - Joe Walking to Front with KathleenIn a misguided article published in Politico Magazine last week, Forrest A. Nabors argued that I am poised to play the role of spoiler and deliver Alaska’s U.S. Senate seat to the Democrats this fall by running as an Independent. And predictably, the grand conspiracy is all Sarah Palin’s fault.

The suggestion that I intend to run as an Independent in the general election is no more than a rumor spread by the Weekly Standard’s report on a February Hays poll. In that poll, I was included as an Independent only because at least 10 percent of respondents said they would vote for me if their choice were between an establishment Republican and the Democratic incumbent, Sen. Mark Begich. To be perfectly clear: I have never said I am running for anything other than the Republican nomination.

While it is true that Gov. Palin played a decisive role in my stunning 2010 primary victory over the sitting vice chair of the Senate Republican Conference, her responsibility ends there. The truth is, but for the perfidy of the Republican establishment, the conservative movement in Alaska would have prevailed in 2010. And undoubtedly, the Alaska race in 2014 would be a unified Republican effort.

Sadly, Sen. Lisa Murkowski learned the wrong lessons from 2010. She was the only Senate “Republican” to vote for every piece of President Obama’s 2010 lame duck agenda. In the process, she helped the president up off the mat after a crushing defeat in the 2010 mid-term elections and handed him bipartisan legitimacy for his 2012 election. If that didn’t vindicate my 2010 primary challenge of Murkowski, and Palin’s decision to endorse my candidacy, I don’t know what would.

But that is the past. It’s time for people of good will to end the petty intramural conflicts and focus on the task at hand. Unlike many of my establishment Republican friends, I am not driven by hatred of Democrats. Nor am I motivated by the desire for power. I simply love my country and want to see it prosper.

For me, the 2014 election is about the renewal of America and Alaska’s economic future. It is a test of our resolve as a people. Will we stand up for the Constitution and our way of life? Or will we stand down as the world’s greatest civilization fades into the fog of history? I believe that our children and grandchildren deserve to face the future with the same sense of hope and optimism that we once did, and it is our responsibility to make that a reality. I believe that nothing is inevitable, that the future lies within the realm of our free will, that God still governs in the affairs of men who will exercise virtue and that, as Ronald Reagan once reminded us, “The future doesn’t belong to the faint-hearted; it belongs to the brave.”

That’s why I’ve embraced a bold agenda: return to Constitutional government. As Republicans, we must not abandon the sanctity of human life, as some would have us do. We cannot give up on our nation’s greatest asset, the traditional family. We must defend our religious liberties at all cost, and refuse the false promise of security in exchange for our 2nd Amendment rights. It is imperative that we repeal Obamacare. Half-measures and temporary fixes will not do. There is only one way to ensure freedom, access and affordability: Get government out of the way and let the free market work.

Republicans must also contend for the rule of law, and never reward lawlessness. Amnesty is a non-starter, and our borders must be secured. It is a grave matter of national security. Further, we must abolish the IRS and reform the tax code to make it fair and simple; audit the Federal Reserve; cut, cap and balance the federal budget; and return power to the states.

Contrary to conventional wisdom, our internal polling analysis shows that we are in a strong position to win both the primary and general elections in Alaska. Even public polling has seen my candidacy surge in a head-to-head match-up against Begich by 17 points since early last year.

The resurgent reform movement in Alaska is poised to make a big comeback, and without a doubt folks are more energized than they were four years ago. The number of registered Republicans is up 4.3 percent since 2008, while the number of registered Democrats is down 10.4 percent. In that year, Begich squeezed out a narrow victory with 48 percent of the vote against the GOP incumbent, Sen. Ted Stevens, who had just been convicted of multiple felonies. (Stevens’s convictions were later vacated because of prosecutorial misconduct.) This time around, Begich’s job approval in public polling has been hovering around 40 percent for months.

This is shaping up to be another wave election. It is inconceivable that an incumbent senator with job approval numbers so low heading into the election will be able to ride this wave of public discontent to 50 percent plus one, unless establishment Republicans sabotage another election.

Wherever I go across the state, there is seldom a kind word for the Republican Party. Much like the last two presidential elections, nothing could be more catastrophic to the cause of liberty, or to a Republican majority in the Senate, than to nominate another “me too” Republican.

Both of my opponents are now calling for unity, despite the fact that they refused to back the party nominee in the state’s last Senate election. The truth is, someone who helped tear the party apart simply isn’t qualified to lead a unity movement.

It’s time for the Republican establishment to end the impurity tests. A big-tent Republican majority must include full-orbed conservatives who embrace the party platform. If the Republican Party leadership is serious about governing, it has a choice to make: join the reform movement, or embrace a permanent minority status.

Internal Memos Reveal EPA Worked Behind the Scenes to Kill Alaska Mine Project

Photo Credit: Fox News

Photo Credit: Fox News


The Environmental Protection Agency came under fire Thursday after new emails surfaced that allegedly show government officials worked in secret with tribal leaders and other environmental groups to preemptively oppose the controversial Pebble Mine project in Alaska before a review was even conducted.

The internal memos published by The Washington Times show EPA officials working behind the scenes as early as 2008 to kill the gold and copper mine project — two years before any scientific study or survey was conducted looking into the environmental impact.

“As you know I feel that both of these projects (Chuitna and Pebble) merit consideration of a 404C veto,” EPA official Phillip North wrote, according to the emails.

North, according to the Times, pushed to have the mine’s veto added to the agenda of a 2009 agency retreat.

But the EPA announced in 2011there would be a neutral and scientific review of the mining project. At the time, they said that concerns raised by environmental groups and local tribes would be investigated, but that no decision had been made.

Read more from this story HERE.

Feds Consider Taking Alaska Tribal Land into Trust

Photo Credit: Paxson Woelber / flickr

Photo Credit: Paxson Woelber / flickr

The U.S. Department of Interior announced this week that it will consider taking Alaska tribal land into trust.

The move could lead to pockets of “Indian country,” where tribal courts and governments would have authority to create their own laws and justice systems, the Anchorage Daily News reported (https://is.gd/bUHu9y).

Currently, the only Indian country community with a reservation in the state is Metlakatla, in southeast Alaska.

The state opposes the move.

A judge in Washington, D.C., last year agreed with Alaska Native tribes, supported by nonprofit law firms, which sued in federal court saying the Interior Department should have been taking land into trust years ago.

Read more from this story HERE.

Alaska State Fair Books ‘Duck Dynasty’

Photo Credit: Dave Nelson / Creative Commons

Photo Credit: Dave Nelson / Creative Commons

A contentious cable television reality show star will be among the highlighted acts at this year’s Alaska State Fair, officials announced Wednesday.

Phil Robertson and other members of the show “Duck Dynasty” will headline the concert venue Aug. 30, fair marketing director Dean Phipps said.

Set in Louisiana bayou country, A&E’s “Duck Dynasty” follows a family that manufactures duck calls and loves to go bird hunting.

Robertson, the family patriarch, was briefly suspended by A&E last year after GQ magazine quoted him declaring that gays are sinners and African Americans were happy under Jim Crow laws establishing segregation. Supporters of Robertson’s right to voice his opinions flocked to his defense before the network reinstated him.

Read more from this story HERE.

Alaska Legislature Unanimously Approves $145 Million Bond Funding Legislation for Ucore’s Bokan-Dotson Ridge

Photo Credit: Wonderlane / flickr

Photo Credit: Wonderlane / flickr

Ucore Rare Metals Inc (TSX VENTURE:UCU)(OTCQX:UURAF) (“Ucore” or “the Company”) is pleased to comment on the passage of Senate Bill 99 (“SB 99” or “the Bill”) by the Alaska State Legislature in a unanimous vote, with all 38 representatives in attendance voting in favor of the Bill.

SB 99 was introduced by Senator Lesil McGuire (AK-R). Senator Bert Stedman (AK-R) proposed the amendment which would authorize the Alaska Industrial Development and Export Authority (“AIDEA”) to issue bonds to finance the infrastructure and construction costs of the Bokan-Dotson Ridge rare earth element project up to a principal amount of $145 million, subject to its own internal due diligence and Board approval. SB 99 was presented to the House by Representative Feige (AK-R) and cross-sponsored in the House by Representatives Munoz (AK-R), Kito III (AK-D), Kreiss-Tomkins (AK-D), Wilson (AK-R) and Isaacson (AK-R).

“I am thrilled to have been able to take the next step toward realizing Alaska’s potential for rare earth minerals mining,” said Alaska State Senator Lesil McGuire (R- Anchorage). “I have long seen the need for a US source of these important materials and the potential benefit for Southeast Alaska and our state economy. Senate Bill 99 offers Ucore the chance to partner with AIDEA and make this tremendous project a reality.”

“Over the past 20 years, Southeast Alaska lost about 30-percent of its economy due to the decline of the local timber industry,” said Senator Stedman. “This project offers a very large employment opportunity for Southeast Alaska and replicates what has already worked with places such as the Red Dog Mine.”

“We’re very pleased with the outstanding support that the Bokan Project has received from the Alaska State Legislature,” said Jim McKenzie, President & CEO of Ucore. “Alaska has a very long history of advancing and supporting key resource projects, both financially and otherwise, and Bokan is no exception. Alaska legislators have recognized that the area has the potential to be America’s leading heavy rare earth production hub, with an array of ancillary industries, such as REE separation and metal manufacture. Our very sincere thanks to Senators McGuire and Stedman for their vision and leadership in this area, and the collateral support of its cross-sponsors.”

Read more from this story HERE.

Palin: If I Were President, ‘Waterboarding is How We’d Baptize Terrorists’

Photo Credit: Gage Skidmore

Photo Credit: Gage Skidmore

Sarah Palin would like all terrorists to know that if she were in charge, waterboarding is how the United States would baptize them.

At least that’s what the former Alaskan governor and ex-vice presidential nominee told thousands of attendees this weekend at the National Rifle Association’s annual convention in Indianapolis.

“If I were in charge,” Palin said Saturday during a Stand And Fight rally at Lucas Oil Stadium, “[our enemies] would know that waterboarding is how we’d baptize terrorists.”

Palin mocked what she called the Obama administration’s coddling of suspected terrorists.

“Enemies, who would utterly annihilate America, they who’d obviously have information on plots, to carry out jihad,” Palin said. “Oh, but you can’t offend them, can’t make them feel uncomfortable, not even a smidgen.” The White House, she said, has failed to put “the fear of God in our enemies.”

Read more from this story HERE.

Alaska Supreme Court says Tax Exemptions Cannot Be Denied to Gay Couples

Photo Credit: Mel Green / Creative Commons

Photo Credit: Mel Green / Creative Commons

Same-sex couples in Alaska must receive certain property tax exemptions given to married couples, despite a ban on gay marriage, the state Supreme Court ruled on Friday.

The decision in a lawsuit brought by three Anchorage same-sex couples represented a blow to the state, which had prevented gay and lesbian couples from taking advantage of a tax break for senior citizens and disabled veterans that, in some circumstances, takes into account marital status.

The ruling follows high-profile victories in recent months by gays and lesbians seeking the right to wed in several U.S. states.

Marriage rights have been extended to gay couples in 17 states and the District of Columbia in a trend that gained momentum when the U.S. Supreme Court ruled last June that legally married same-sex couples nationwide are eligible for federal benefits.

In 1998, Alaska voters amended the state’s constitution to restrict marriage to between a man and a woman.

Read more from this story HERE.