XPost: can.politics, ab.politics, us.politics   
   XPost: edm.general   
   From: dave-no_spam@unixhome.net   
      
   "John Fleming"  wrote in message   
   news:hj0q14l9kq95g9q6vhrdeg5cmjoev7r5gs@4ax.com...   
      
   > The money still exists.   
   >   
   >     Third Quarter figures released for Heritage Fund   
   >     February 19, 2008   
   >   
   >     More than $1.5 billion is forecast to be added to the   
   >     Alberta Heritage Savings Trust Fund in 2007-08.   
      
   Great.   
      
   I say this as while part of me says the Heritage Fund is a great idea, it is   
   mismanaged.   
      
   10 billion in 1980 isn't 16 billion in 2008.  A GIC at the bank could have   
   beat that.   
      
   If I put 10B in the bank or other government debt instruments in 1980.  Then   
   just got just a small 3.5% interest, it would be about 26B now.  It is   
   obvious they skim off of this for "program" spending.   
      
   Still, refreshing to know at least one government in this land is net-debt   
   free.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)