25.11.2008 - North Dakota rejects rigid permanent fund
From Newsminer.com: In the recent election, residents of that state considered, but rejected, the creation of a new Alaska-style permanent fund to hold their burgeoning oil wealth. Actually, North Dakota has had an oil trust fund for more than a decade, but it received a lot more attention this year, as oil prices spiked. That’s understandable — analysts said the new permanent fund on North Dakota’s ballot would have collected $600 million, had it been in place this fiscal year..... Full Article: Source
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