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Message: <blockquote data-quote="deleted member" data-source="post: 335479" data-attributes="member: 816"><p>not sure i see anything but upside with this.  assuming its 8.4 billion of the oil companies money derived from the state's oil supply that will eventually dry up, isn't it wise to plan for the day when that happens?  8.4 billion at 7% compounded monthly over 20 years will be about 34 billion if my math is correct.  not accounting for additional contributions. i think it would be reasonable to expect that account to be nearly 50 billion in 2040. our annual budget is currently about 7.5 billion/year.  the interest alone on 50 billion is going to go a long ways towards helping this state pay its bills when the oil fields dry up.</p></blockquote><p></p>

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