"eating the seed corn for another meal rather than planting the seed corn," he said, or, in a more Alaska-focused analogy: "I'm a big fan of sourdough pancakes. And if we treat our Permanent Fund like we treat sourdough starter, we'll be fine. No one would ever use up all the sourdough starter. The first thing you do is you take it out and leave it for the next batch."

Really Bill?! Like the State has already eaten all the Constitutional Budget Reserve funds, (their share, from the Permanent Fund Program) intended to be used for emergency budget "shortfalls", but instead--how should I say this nicely--"taken" by the State to pay for its ever increasing and completely unjustified size? Seriously?! The largest per capita spending in the country, and on exactly what infrastructure and systems? 

Now yours is gone so you take 1/2 of our shares from  the past 5 years avg.?! those should not even be considered as the payout # is based on past years! OUR money is there!! Not yours! SMDH!