SitNews - Stories in the News - Ketchikan, Alaska

Viewpoints: Letters / Opinions

Sealaska Shareholder Inequites

By Joe Mehrkens


May 08, 2013

It is unfortunate that private corporations were made the primary vehicle to distribute the wealth to Alaska Natives under the ANCSA. Corporate board rooms and executive leadership are one of the least democratic institutions in Western society. So Mr. Salvato's documentation of gross inequities comes as no surprise.

This is especially unfortunate given the array of federal assistance afforded to Sealaska such as Net Operating Losses, non-competitive federal contracting and now Senator Murkowski's S.340 lands bill -- all of which boost Sealaska's profits.

Joe Mehrkens
Juneau, AK

About: "Former Forest Service Economist, Wilderness Society Lobbyist for the Tongass Timber Reform Act, former Economist for Alaska Department of Commerce, former member of the Tongass Futures Roundtable. RETIRED."

Received May , 2013 - Published May 08, 2013

Related Viewpoint:

letter Millions to Board Members & Managers By Dominic Salvato



Viewpoints - Opinion Letters:

letter Webmail Your Opinion Letter to the Editor



Representations of fact and opinions in letters are solely those of the author.
The opinions of the author do not represent the opinions of Sitnews.


E-mail your letters & opinions to
Your full name, city and state are required for letter publication.

SitNews ©2013
Stories In The News
Ketchikan, Alaska