Alaska needs to save itself

To the editor:

A question is, how long does Alaska think it can stay afloat with all the bogus, valueless, wastepaper money Obama is flooding our entire nation with?

Does Alaska have to go belly up with what Alaska is sitting on under our North Slope with many pools of oil that are capped off? Like Gull Island that can dwarf Prudhoe with two 48-inchers, 1,200 feet of pay zone, four times the size of Prudhoe, five miles offshore of Prudhoe Bay waiting to be uncapped. Gull Island is just one of many. Our North Slope may rival Saudi Arabia holdings with proven seismographic tests.

For whatever reasons, why was there an attempt to nationalize the oil companies working so desperately to complete the pipeline to Valdez in a “time” deadline with state and federal fines, sanctions and cost runovers that prevented the gas line to be completed to Valdez simultaneously along side the crude line, thus prompting Atlantic Richfield to gamble their total worth to at least complete the crude line, $10-plus billion in cost overruns? Billions of thanks to ARCO.

Alaska has a painless, positive “out” to avoid the sure crash Obama is leading our once great nation into. The stimulus handout is a farce, doled out by a fake. It is your money he has lost through mismanagement with zero accountability. He does not care how much of your money he spends, as money is worthless without backing.

Every drop of oil Alaska ships to the Lower 48, Alaska will never see the full value of as it is going out in a gamble that is already teetering on a razor’s edge with more banks going under.

I have a foolproof message for Juneau and all Alaskans with an ounce of foresight: Secede from the union for the time it takes to turn D.C. upside down. Long enough that you don’t need a pair of hip boots to get around in.

You will need some deodorant for a time.

Hal Engelstad

Wasilla