If this seizure of more than half of the PFD was truly temporary - with a sunset clause - & if we saw a clear route to removing all use of PFD monies for state spending in the future, with a steady return to the current system as the revenues from oil increase ... well, I might be less disgusted.  But many questions remain: What happens after the 3 year sacrifice of more than 50% of the PFDs?  (My guess is that more confiscation of PFD funds will be undertaken) How do we ever pry our government's fingers off the PFD, once we let them touch it.
   This confiscation of PFD money from each Alaskan will result in about $730Million less the state spends, about the same amount the State pays BigOil in the unconscionable tax credits. That really stinks!
   The  current oil taxation schemes need to be overhauled in favor of Alaska. All mega projects should be shelved. All State salaries & bones should be reduced.