AK Division of Elections



Republican NomineeName: Ray MetcalfePosition Sought: Senate District M SenatorOther: In the late sixties and seventies, I spent four years rough-necking and drilling in the Inlet and on the Slope. I formed Metcalfe Commercial Real Estate in 1976 and was elected to the Legislature in 1978. While in the Legislature I was the co-author of the investment strategy for the Permanent Fund. I was on the Committee that wrote the first dividend proposal, (the one the Court threw out because of five year residency requirements), and I Chaired the House State Affairs Committee when it heard the second dividend proposal, Jay Hammond's Bill; the Bill that established today's 50/50 formula.In 2005, I approached the FBI with evidence that VECO owner Bill Allen was bribing legislators to give our oil away. From 2005 to 2008, I consulted with the FBI as they investigated. Six legislators were convicted and Alaska's deficits turned into surpluses.Position Statement: Alaska doesn't have a budget problem: Alaska has a corruption problem.The biggest corruption problem in Alaska's Legislature stems from corporations putting legislators on their payrolls while asking for appropriations, tax breaks, and favors.Most states have laws prohibiting legislators with such conflicts from voting. Alaska has laws requiring legislators with conflicts to vote anyway.Thomas Jefferson wrote the original US Senate rules. Jefferson's rules prohibited Senators from voting on any issue if they had a conflict. Alaska needs laws prohibiting legislators from voting on legislation appropriating resources or competitive advantages,?to themselves, their family, their employers, their business partners, or contributors.From 2005 to 2008, I helped the FBI put six legislators behind bars for taking bribes in exchange for their votes to prevent the state from taxing for the extraction of our oil. Following the bust in 2006, the oil companies lost control of our legislature. In 2007, every Alaskan got a $3,200 dividend, Alaska's deficits became surpluses and by 2014, Alaska had saved up $17 billion.But in 2014, two state senators, while working in Juneau, were receiving paychecks for many times their legislative salary from ConocoPhillips. Those two senators pushed Senate Bill 21, (The Oil Tax Giveaway) through the Legislature. Deficits returned in 2015 and the $17 billion we had saved has since been spent covering yearly deficits. Money that should have funded our University, our Ferry System, and Dividends has been delivered to BP, Conoco, and Exxon.I won't represent BIG Oil, I'll represent you. ................
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