For more information contact us at:

P.O. Box 191078
Anchorage, AK 99519
907-278-9455
info@apfboardconfirmation.org.

November 2008

“The only thing necessary for the triumph of evil is for good men to do nothing.” Edmund Burke

The lack of investigative reporting regarding how corrupt Alaska Permanent Fund Board is especially Mr. William G. Moran, Jr. mystifies us even as the responsible party, Governor Sarah Palin, ran for Vice-President of the United States. The Governor is the only level of accountability as she appoints the Board which is not confirmed by Alaska Legislature. We found it unbelievable that she brought up Alaska Permanent Fund as something she is proud of during the only Vice-Presidential Debate October 2 at Washington University in St. Louis. The media must expose her lack of supervision of Alaska Permanent Fund Board immediately.

Per Todd Communications Alaska Directory of Attorneys Spring, 2008 Page 64, we conclude that the 508 or 17.5% Alaska Active Out of State attorneys out of 2,904 total Alaska attorneys must be feeding off Alaska Permanent Fund money. Alaska Active Out of State attorneys are a very high percentage and possibly the highest percent of any State Bar Association in the U.S. Alaska Bar Association has given our great State of Alaska away to the most powerful law firms in the U.S.

Also, 705 Alaska Government attorneys out of 2,395 Alaska In State attorneys are almost 30% of Alaska In State attorneys and 24% of the total Alaska Bar Association membership. The two percentages of Alaska Active Out of State and Alaska Government attorneys are about 42% of Alaska Bar Association membership."

I think it is important to understand that 30% of Alaska In State licensed attorney work for the government. That is frightening!

The background of this matter is at http://www.tobermeyer.info.

An outline of this site follows.

There are a Total of 932 pages posted as of November 2008

1. Homepage 3 pages, APOC 2 pages, Ted States 2 pages, Alaska Natural Gas Pipeline 8/21/02 including www.retireted.com homepage 6 pages, About Us 2 pages, Overview 3 pages, SEC 3 pages, Resolution Fairbanks City Council 2 pages, Past Members 5 pages (at the bottom), Questionnaire 8/2/06 2 Pages (at the bottom), Current Articles 2 pages (10/29/08, 11/3/08) TOTAL 32 PAGES
2. “Current Players”
   There are a total of 538 Pages

   Sarah Palin bio 2 pages, 2008 Apoc Financial Disclosure Statement 16 pages, 2007 APOC Financial Disclosure Statement 12 pages Total 30 pages

   Sean Parnell bio 2 pages, 2008 Apoc Financial Disclosure Statement 16 pages, 2007 APOC Financial Disclosure Statement 61 pages Total 79 pages

   Carl Brady bio 2 pages, 2008 Apoc Financial Disclosure Statement 17 pages, APOC 2007 Financial Disclosure Statement 14 pages, APOC 2006 Financial Disclosure Statement 12 pages IITDs 12 pages, Total 57 pages

   Steve Frank, Chair, bio 2 pages, 2008 Apoc Financial Disclosure Statement 24 pages, APOC 2007 Financial Disclosure Statement 10 pages, APOC 2006 Financial Disclosure Statement 10 pages, IITDs 32 pages, Total 78 pages

   Patrick Galvin bio 2 pages, 2008 Apoc Financial Disclosure Statement 13 pages, APOC 2007 Financial Disclosure Statement 9 pages Total 24 pages

   William G. Moran, Jr. Vice Chiar, bio 2 pages, Relationship with Senator Lisa Murkowski, 6 pages, 2008 Apoc Financial Disclosure Statement 17 pages, APOC 2007 Financial Disclosure Statement 12 pages, Comprehensive Financial Disclosure 11 pages, IITDs 58 pages, Total 106 pages

   Nancy Blunck, bio 2 pages, 2008 Apoc Financial Disclosure Statement 26 pages, APOC 2007 Financial Disclosure Statement 25 pages, Total 53 pages

   Emil Notti bio 2 pages, 2008 Apoc Financial Disclosure Statement 16 pages, APOC 2007 Financial Disclosure Statement 11 pages, ITTD's 2 pages, Total 31 pages

   Mike Burns , State of Alaska CEO compensation and bio 2 pages, Employee Salaries 1 page, 2008 Apoc Financial Disclosure Statement 16 pages, APOC 2007 Financial Disclosure Statement 12 pages, APOC 2006 Financial Disclosure Statement 9 pages, IITDs 40 Pages, Total 80 pages

3. "Past Players" since 2001
   There are a total of 362 PAGES:

   Bill Hudson bio 2 pages, APOC 2007 Financial Disclosure Statement 8 pages, 2006 APOC Financial Disclosure Statement 8 pages Total 18 pages

   Frank Murkowski bio 2 pages, APOC 2006 Financial Disclosure Statement 11 pages total 13 pages

   Bruce Botelho bio 2 pages, IITDs 2 pages Total 4 pages

   Gregg Renkes bio and article 4 pages, IITDs 29 pages Total 33 pages

   Wilson Condon bio 2 pages, IITDs 2 pages Total 4 pages

   William Corbus bio 2 pages, APOC 2006 Financial Disclosure Statement 17 pages, IITDs 42 pages, Total 61 pages

   Clark Gruening bio 2 pages, IITD 1 page Total 3 pages

   David Marquez bio 2 pages, APOC 2006 Financial Disclosure Statement 11 pages, IITDs 20 pages, Total 34 pages

   James Sampson bio 2 pages, IITD 1 page Total 3 pages

   Eric Wohlforth Bio and Law Firm info 9 pages, APOC 2006 Financial Disclosure Statement 91 pages, IITDs 89 pages, Total 189 pages

Note:
ITT's are usually at least 4-6 weeks old before we get them and then have them posted.

One week prior to a meeting, the agenda is posted on the APFC home page in the 'Fund news' section."

(APFB is only holding half the amount of meeting they used to have.)

September 14, 2007

Governor Sarah Palin will announce the amount of Alaska Permanent Fund Dividend on Wednesday, September 19, per the website. Please call your Alaska Legislators, Governor Palin, all Alaska Permanent Fund Board (APFB) members, and Mr. Burns to let them know that our Dividend should be much larger. If each Alaskan gets $10,000.00 multiplied by 631,548 2007 PFD applicants, the total amount this would cost Alaska Permanent Fund Corporation is $6,315,480,000.00. We Alaskans could be very creative with this money. It is ours to spend as we see fit. APFB and Mr. Burns would still have a little under $34,000,000,000.00 with which to enrich their private bank accounts. Why are APFB and Mr. Burns allowed to get away with their antics off our money that we own as Alaskans? It is time for accountability.

Alaska Permanent Fund Board Confirmation Committee regards Alaska Statute 37.13.050(a) "The Board of Trustees of Alaska Permanent Fund Corporation consists of six members appointed by the Governor." Therefore, Alaska Permanent Fund Board of Trustees is not confirmed by Alaska Legislature. A.S. 37.13.050 continues:“Two of the members must be heads of principal departments of state government, one of whom shall be commissioner of revenue.” There is no system of "checks and balances" or any way to create any level of accountability for oversight of Alaska Permanent Fund Board (APFB) which controls $40,000,000,000.00 or 40 billion dollars currently. The practices of Alaska Permanent Fund Board (APFB) are the members’ astronomical investments in the Stock Market to enrich their private bank accounts or their “Individual Investment Transaction Disclosures (IITDs).” Alaska Permanent Fund and the Dividend have become such a joke in the rest of U.S. that the Dividend is the subject of newly released “The Simpsons Movie.”

Who is going to be the watchdog of the practices of APFB? This Board has become is a means for a handful of wealthy individuals to amass more wealth. A.S. 37.13.060 states that APFB have “terms of four years, and they may be reappointed.” Mr. Eric Wohlforth was Chair and member, APFB, since January, 1995 until November 28, 2006 or almost 12 years when former Governor Frank Murkowski replaced Wohlforth naming Mr. William G. Moran, Jr., President of First Bank Ketchikan and Community Bank Ketchikan to replace him. Governor Sarah Palin did not reverse Frank Murkowski’s decision. Governor Palin did not appoint to APFB our appointed Alaska Attorney General Talis Colberg. Instead she appointed Commissioner Emil Notti, Department of Commerce and Economic Development, to APFB for the position of “head of principal department of state government.”

We update this site monthly with the astronomical investments in the Stock Market or “Individual Investment Transaction Disclosures (IITDs)” of APFB and Mr. Burns. Currently, the Board member who is making the largest investments in the Stock Market is William G. Moran, Jr. who already owns two banks! Please also review the IITDs of Board Members Brady, Frank, and Executive Director Burns. Mr. Burns is paid $300,000.00 as a yearly salary which he received retroactively on 8/15/06 to 7/1/07 even though he is investing astronomically in Stock Market monthly.

We have asked for two years that Alaska Public Offices Commission (APOC) Financial Disclosure Statements of APFB and Mr. Burns which are available after March 15 each year be posted on their website. To date, only the form of APOC Financial Disclosures Statements is posted on their website. Why do we as volunteers have to continue to post APOC Financial Disclosure Statements at great expense? APOC has a paid web person. We understand that “eventually” APOC Financial Disclosures Statements of APFB and Mr. Burns will be posted on their site. Please go to APOC Meeting September 13 & 14, 2007 in Anchorage and ask them to post APFB and Mr. Burns’s APOC Financial Disclosure Statements immediately.

Our Alaska media, which is about 95% owned in many Lower 48 states, has been informed about APFBs' astronomical "Individual Investment Transaction Disclosures (IITDs)" since 1999 without investigation. Alaska media and our Alaska courts only focus on Alaska Permanent Fund Dividend. The Dividend is not a gift but an entitlement of residency. We own Alaska Permanent Fund. Let's create accountability as regards our Fund.

Your Financial Contributions are Greatly Appreciated