the united states alaska already does this with oil revenues they have this thing called the alaska permanent fund and it's funds from public parks it's from oil revenue if you live in alaska you get a thousand dollars a year two thousand dollars a year as a piece of the a piece of the revenue that the state has generated cap and trade revenue for example well in fact the cut this is this concept which was put together by peter barnes peter barnes wrote a great piece on this over in common dreams and his concept was we all own the commons collectively and just like alaska has declared that they own the oil and they're there as oil companies pump it out they're taking a piece of that action turning it into the permanent fund we all own for example the air that we breathe well if a company wants to pollute that air. then we could say you're going to pay a fee to pollute that air that's how cap and trade works and then we take the revenue from that cap and trade and distribute it to all of us we all have shares in our government our greatest achievements as a nation are not the things that the transn

we have seen the permanent fund in alaska rise from less than a billion dollars to had $40 billion overourse of 30 years. >> bill: you would do that on a national level. >> absolutely. >> bill: people would get a little bit of largess from oil companies. >> little largess and little respect. you talked about asking them to be nice. job owning to me is saying you are going to be nice and you are going to act in the interest, whoever the ceos may be. >> bill: right. go ahead. >> we pegged that thing to the price of gasoline. peg it to the price of crude oil. and that money go into that trust fund for the american people. i think you would see a lot of people start to pay a little different attention to what the american people think. >> bill: that's a good idea. >> respect citizens a little more. >> causing a lot of trouble though. i will tell you that in one week we reported dobbs and i started last friday and now everybody is all going crazy. >> bill. if you haven't put focus on this issue i'm absolutely convinced the president wouldn't have been talking about it just yesterday. >> he i