The author simply does not comprehend that what she proposes will:

1.  Decrease the value of the Permanent Fund.  Last year it only earned 1%.  Without inflation proofing the fund will continually decrease in value.

2.  Alaskans who are poor will get hurt badly with the highly regressive theft of half their dividends.  But she appears to have zero regard for progressive values.

3.  This scheme subsidizes the theft of Alaska oil- currently $10 billion per year.

So, she wants to make the recession worse, and take money from poor people and working families in order to subsidize the theft of Alaskan's oil.

Wow.  Just wow.