Sarah Palin: The Governor who paid the biggest citizen dividend

The peak dividend was authorized by Sarah Palin

"Thanks to Sarah Palin, this year’s check will be increased by $1200. Each resident receives $3,200." Read more at http://redgreenandblue.org/ (2008)

In the entire history of all the states in the USA, Sarah Palin made the biggest citizen dividend payment - US$3,200 to all Alaska residents in 2008. This peak payment was authorized by Sarah Palin when she was the governor.

In the entire history of mankind, Alaska holds the second position in the payment of citizen dividend. The Eastern Band of the Cherokee Nation pays each citizen member about US$6,000 annually.

The total citizen dividend for an Alaskan, starting from the first year of dividend three decades ago, is less than US$40,000. The total citizen dividend for a member of the Eastern Band of the Cherokee Nation, starting from year 1 about two decades ago, is more than US$100,000.

To the citizens of all the other parts of Earth, where is your citizen dividend?

A fantastic citizen-ownership democracy: the Eastern Band of the Cherokee Nation

Within the USA lies a fantastic citizen-ownership democracy, which pays citizen dividends that will make the Alaskans green with envy and make the rest of the world turn into a mixture of green, red and white, with an extreme mix of emotions.

The Alaskans get their citizen dividend from the Alaska Permanent Fund, which is about $1000 or $2000 per resident each year. So, over a 20-year period, an Alaskan will get, perhaps, $20,000 to $30,000. It's good money, even enough to fund a child for a college education if the dividend is saved carefully.

But, look at the Eastern Band of the Cherokee Nation. It is a citizen-ownership democracy. Wealth made by the Eastern Band of the Cherokee Nation is shared with the people. Half the wealth is given out in equal cash amounts. Cash for minors is kept in trust, till the minors reach 18/21 years old.

Guess how much each minor has in the trust?

Those minors turning 17 years have $113,000 each.
(This is a 2011 market update & investment performance report by the Division of Budget & Finance, Office of the Treasurer, Eastern Band of Cherokee Indians.)
That money is their accumulation of 17 years of citizen dividend. It is many times the Alaska Permanent Fund dividend.

As adults, they will continue to get their citizen dividends.

Citizens all over the world should seriously ask why they are not getting their citizen dividends.

(Here is a great blog post about this Cherokee Nation citizen dividend:
Cherokee Tribe Proves Citizen's Dividend Works)

Another great report of what happen when people are given "free" money

What Happens When the Poor Receive a Stipend?

What Happens when Poor People get Cash? An Empirical Study

These are reports about the citizen dividends of the Eastern Band of Cherokee Indians in North Carolina’s Great Smoky Mountains. They run a business where (half the?) profits are distributed equally to everyone. The report mentioned improvement of health and education, and many other measures.

Here is a quick estimate of cost by a reader:

Luther Rotto

St. Cloud, MN

Interesting study.
Let's see: 7,354,000 US kids in "extreme poverty" [US census figures] x $6000 = $44,124,000,000 -- yeah that's $44%2B Billion.
The US military acquisition budget = $167.6 Billion [and that's just for NEW stuff - Defense Dept FY2014 budget request figures].
In other words about four times the money-for-kids amount.
Now, I'm all for defense against threats to our way of life. But it seems to me having a hungry, poorly educated, angry citizenry IS a threat to our way of life -- and one worthy of significant 'defense' expenditures. Somehow I think we could do with 25% less spent on shiny new weapons aimed at no one in particular.