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Subject: Alaska

Alaska ( /??læsk?/ (help·info)) is the largest state of the United States of America by area; it is situated in the northwest extremity of the North American continent, with Canada to the east, the Arctic Ocean to the north, and the Pacific Ocean to the west and south, with Russia further west across the Bering Strait. Approximately half of Alaska’s 698,473 residents reside within the Anchorage metropolitan area. As of 2009, Alaska remains the least densely populated state of the U.S.
The U.S. Senate approved the purchase of Alaska from the Russian Empire on March 30, 1867, for $7.2 million at about two cents per acre ($4.74/km2). The land went through several administrative changes before becoming an organized territory on May 11, 1912, and the 49th state of the U.S. on January 3, 1959. The name “Alaska” (??????) was already introduced in the Russian colonial time, when it was used only for the peninsula and is derived from the Aleut alaxsxaq, meaning “the mainland” or more literally, “the object towards which the action of the sea is directed”. It is also known as Alyeska, the “great land”, an Aleut word derived from the same root. (Wikipedia Jan 2010)

US politics

Governor Sarah Palin waves goodbye

Sarah Palin waves goodbye

On the 4th of July weekend, former Republican Vice Presidential candidate, Sarah Palin, resigned her position as Governor of the State of Alaska. This has raised questions as to her political future.

Sarah Palin and her family have been severely, viciously, and unfairly attacked by far left ideologues who hate her and her family as a representatives of a traditional, Norman Rockwell America. Is Sarah finished? Her enemies hope so.

Featured articles on inside pages

Stock buybacks

Stock buybacks and dividend equivalency

Corporations have argued that stock buybacks are equivalent to dividends. This article explains why this is not true and why suggesting buyback-dividend equivalency may constitute fraud.
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Securities Analysis

How inflation impacts EPS and PE ratios.

The Obama administration and Congress are laying foundations for high inflation. US equity investors should consider the effect of a rapidly devaluating currency on EPS and PE ratios. More ...

US Politics

The decline of mainstream media

In September 2009, President Obama dominated television in his attempt to sell his government-run health plan, despite massive public opposition. Mainstream media has falling revenues and market share as people turn to unbiased sources. More ...

US equities

Sarbanes-Oxley and the shortage of equities

The Sarbanes-Oxley Act of 2002, by discouraging companies to go public, will exacerbate the shortage of equities, with a negative effect on the US stock market, although this was not the intent of its authors. Poorly drafted, ill-conceived, and unfair this law does little to protect investors.
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US Bonds

The collapse of the dollar and US bonds?

The extreme spending of the Obama government, combined with irresponsible bank lending policies promoted by Barney Frank and Chris Dodd, portend rising interest rates, the collapse of the bond market, and the end of dollar supremacy. More ...

World Economy

Signs of US losing its groove?

Thirty years ago, US income from abroad was more than double the amount of income that the US paid to the rest of the world. This year, or the next, this foreign income surplus may disappear forever. Is the US 'losing its groove'? More ...

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2010-09-28 16:01