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Wednesday, January 9, 2013

Alaska Railroad PAC


So what political action group is supported by the Alaska Railroad? OK, let me have my good friend Mr. Phineas J. Whoopee assist in explaining how the Alaska Railroad Corporation is stealing from the state coffers – basically stealing away your inheritance. Each year for the last 6-years or so, the railroad has received a check in the amount of $4.8-million for “qualified” railroad track maintenance, from either the Koch Brothers or Joe Uselessbelli. See, even though the Alaska Railroad is a “state corporation”, it it allowed secrecy which warrants suspect activity. Whomever it is that forks over this cash, they get to write off $2.4-million in Federal corporate taxes as allowed under Internal Revenue Code 45G which was most recently extended by the Biden & McConnell “Will Throw Some Americans Over the Cliff” compromise. Now for that tax benefit, as the entire 628-miles of track from Seward to Fairbanks is “assigned” over in efforts to utilize the tax shelter, at the same time the ARR tries to fool Uncle Sam into believing that we also use that already “assigned” track for a commuter rail system that brings people back and forth from work each and every day, so we can get another welfare check that amounts to $40-million. It's called the Alaska “Ghost” Train and goes so fast, it is very hard to see! Then the Alaska Railroad, still using an abacus to perform math with creative accounting skills know also as premeditated mistakes, well they offer the same tax evading entity that forked over the $4.8-million a $2.7-million customer shipping credit? So according to Phineas' 3DBB magical “Truth in Lending” board, Joe or the Koch suckers are freeloading $330K away from the state treasury, that's at least 3-jobs gone to hell in a hand-basket. So I am right, the Alaska Railroad is throwing away money that should be put to better use then “freeloading” as more likely then not this money is used to lobby against the “good” cause. Especially if the money that is secretly funneled in disguise as a “shipping credit” is going to the Koch dysentery dynasty. Even Joe has his loyal lobbyists, those trying to make Alaska a giant “open pit”! See, since it is a “State Corporation” the Alaska Railroad cannot use money for political reasons as that would disenfranchise and violate the neutrality of a state with respect to political choice. But I believe the ARR board of directors – that which includes Bill Sheffield – it may have found a convenient way to sidetrack loot for that purpose. With the shipping credit and the tax savings, it is above and beyond so must have an ulterior motive. Look, this is tax evasion and citizen deception, even if allowed through a loophole as that hole today is indeed bigger then the “Big Bang Belch” opportunity. But here is my take, who lets this continue on? Surely NOT “We the People”, but “We the Bastards”! 

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