Home
>
Political
>
Jay Hammond - Alaska Governor and Creator of the Permanent Fund

Jay Hammond - Alaska Governor and Creator of the Permanent Fund

Former Governor of Alaska, Jay Hammond, died at age 83, peacefully at his home in Lake Clark, Alaska. He served Alaska as its Governor from 1974 to 1982, the years during which Alaska built an incredible oil pipeline, banked a large amount of the oil lease revenues, and created a dividend program that every resident of Alaska benefits from yearly.

Very few men are ever fortunate enough to be so productive during their public life. Not surprisingly, Jay Hammond was respected and admired by a huge population. He was the "quintessential Alaskan," as state senator Fred Dyson put it.

Jay Hammond came to Alaska following his service as a Marine fighter pilot during World War II. He bought an amphibious plane and worked as a bush pilot and trapper. Later he worked for the US Fish and Wildlife Service. He developed a keen eye for protecting and preserving the environment. Even as a developer of Alaska's natural resources, Hammond ensured that development did not proceed at the expense of environmental protection.

Hammond was elected to the state legislature in 1959 and served several terms. He then became mayor of the Bristol Bay Borough and served as a state senator. In 1974 he was elected Governor for the first of two terms.

During his tenure as Governor, Hammond oversaw the building and the opening of the Alaska Pipeline, the oil pipeline that runs from Prudhoe Bay to Valdez. He preserved a large portion of the oil lease revenues in the form of a Permanent Fund. The Fund has been in existence now for over 25 years, a form of saving account for the state.

The Permanent Fund might have been spent any number of times, but Hammond inspired the State to create a Dividend program to provide incentive for keeping the Fund intact. The Dividend program provides a yearly payment to every resident of Alaska. The Permanent Fund is like a large pension fund that every Alaskan is proud of and benefits from. Thanks to Jay Hammond, the Fund enjoys protection and will remain in place for many years to come.

Jay Hammond and his wife, Bella, lived for the past many years at Lake Clark where they homesteaded originally 50 years ago. Lake Clark is an awesome and gorgeous large lake in the Aleutian chain of mountains not too far from Anchorage via float plane. Remember, it was the adventure of being a float plane pilot that brought Hammond to Alaska originally.

Hammond was a humble man and displayed a warm sense of humor. Once, during a re-election debate in 1978, he was asked if he believed he was the best choice to be Governor. Hammond replied, "No, there are plenty of other Alaskans who can do a much better job than I could. Unfortunately, none of them are running."

The consensus was that Jay Hammond was the best man for the job, and he will be remembered that way.

Garry Gamber is a public school teacher. He writes articles about politics, real estate, health and nutrition, and internet dating services. He is a founding member of http://www.goodpoliticsradio.com and the owner of http://www.goodpoliticsradio.com.

licensed cleaning services Park Ridge ..

In The News:

Chrome extension spyware disguised as a free VPN service highlights security risks after it captured private browsing data from trusted sites.

New research shows how fatty acids in cooking oil can safely dissolve and recover silver from circuit boards without harmful chemicals or environmental damage.

The Fox News AI newsletter gives you information on the latest AI technology advancements, and about the challenges and opportunities AI presents now and for the future.

Anthropic investigates alarming AI abuse case where hacker automated entire cybercrime campaign using Claude, stealing sensitive data from defense and healthcare firms.

TikTok, Meta and YouTube restrict Charlie Kirk shooting videos with age gates and warnings while X faces criticism for allowing continued circulation.

Cybercriminals use fake troubleshooting websites to trick Mac users into running terminal commands that install Shamos malware through ClickFix tactics.

San Francisco startup Fable launches Showrunner, an AI platform dubbed the 'Netflix of AI' that generates animated episodes from text descriptions with Amazon support.

Apple raised iPhone prices for some models despite receiving tariff relief from President Donald Trump, with the new lineup starting at $799 for the base model.

A two-story 3D concrete printed home in Western Australia demonstrates faster construction methods that could reshape American housing amid rising costs.

Credit scores remain important during retirement for insurance rates and housing applications, while seniors become prime targets for identity theft and financial scams.

Scammers now send unexpected packages with QR codes that redirect victims to fraudulent websites or download malicious software to steal sensitive information.

Meeting AI tools record private conversations alongside work discussions, creating privacy risks that can be managed with proper settings and awareness.

Hotel privacy concerns are valid but rare, with methods to detect hidden tech using smartphone flashlights, mirror tests and scanning apps.

Improve your Wi-Fi speed and reliability with 10 simple router optimization tips that don't require special apps or expensive subscriptions.

A Columbia University breach exposed names, Social Security numbers and academic records of nearly 869,000 people, with notifications beginning in August.

Rental car drivers use AI-powered apps like Proofr to protect themselves from unfair damage fees as major companies deploy automated inspection tools.

Fox News' AI newsletter brings you the latest on technology advancements around artificial intelligence.

OnTrac data breach between April 13-15, 2025, exposed personal information of over 40,000 people including Social Security numbers and medical records.

A woman named Wika announces her engagement to an AI chatbot sparking worldwide debate about virtual relationships and technology.

The notorious people search site National Public Data relaunches despite a previous breach affecting 3 billion individuals, raising fresh privacy concerns.

Revolutionary TRAUMAGEL gel controls life-threatening bleeding from gunshot wounds and traumatic injuries, helping first responders prevent prehospital deaths.

Protect your home network by enabling proper encryption, creating strong passwords, checking connected devices and using VPN and antivirus software.

The Navy's solar-powered Skydweller drone flew nonstop for 73 hours in Mississippi, proving renewable energy can power long-endurance military missions.

Moving and downsizing expose seniors to identity theft and scams as data brokers collect real estate records and personal information to sell to criminals.

ShengShu's Vidar technology revolutionizes humanoid robot training by using AI-generated synthetic video, reducing required training data from hours to just 20 minutes.

Jay Hammond - Alaska Governor and Creator of the Permanent Fund

Political