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<ul><li>Every week, Business Insider India picks up all the new releases across theatres and different OTT platforms in India for the readers. </li><li>This week you can binge Noblemen on Netflix, Fugitives season 2 on Hotstar and <keyword id="1343551" type="ENTERTAINMENT" weightage="20" keywordseo="Murder-on-the-Orient-Express">Murder on the Orient Express</keyword> on Apple TV. </li><li>Visit Business Insider for more stories. </li></ul> Noblemen on Netflix <div type="image" title="Capture" msid="71536718" hostid="261"></div>

 Director: Vandana Kataria Stars: <keyword id="3706" type="PERSON" weightage="20" keywordseo="Kunal-Kapoor">Kunal Kapoor</keyword>, Ali Haji, Mohammed Ali Mir <keyword id="256908" type="COMPANY" weightage="20" keywordseo="Imdb">IMDb</keyword>: 7.0/10 Description: Noblemen is a story of a 15-year-old-boy who is bullied and tortured by his seniors, at a posh boarding school. What critics say: “As Noblemen shows, the outcome of repeated abuse and tolerance can be dark and shocking,”writes Udita Jhunjhunwala from the <a href="https://www.firstpost.com/entertainment/bollywood/noblemen-movie-review-kunal-kapoors-film-is-well-directed-despite-a-convoluted-script-6896001.html">Firstpost</a> Madhuri V from, <a href="https://www.filmibeat.com/bollywood/reviews/2019/noblemen-movie-review-and-rating-kunal-kapoor-287165.html">Filmibea</a>t says, Vandana Kataria's Noblemen is not for the faint-hearted. It's grim, factual and most importantly, indispensable A Plastic Ocean on Netflix <div type="image" title="AAAABaNIaQ2YPUQ5ugI5ubOSdJ8ojCdonANHay4Q2Cxfm2SSqS5jepw46XSLQlW9bfur9nru-Vqy2_u147BlKYGfe_LY2Zspp9LIPQ" msid="71536719" hostid="261"></div>

 Director: Craig Leeson Stars: David Attenborough, Sylvia Earle, Ben Fogle IMDb: 8/10 Description: Journalist Craig Leeson along with a team of researchers and scientists, travels through 20 locations in four years to document the deteriorating condition of our oceans, all thanks to plastic pollution. What critics say: “Just when you feel like you’ve heard too many horror stories, A Plastic Ocean smartly changes track, and shows you just how you can make a difference, keeping it from verging into fear-mongering. Equal parts insightful, frightful and cautiously hopeful, this documentary is a must-see,” writes Joni Blyth <a href="https://oneroomwithaview.com/2016/09/24/plastic-ocean-raindance-2016-review/">from one room with a review. </a> Papillon on Apple Tv <div type="image" title="maxresdefault" msid="71536720" hostid="261"></div>

 Director: Michael Noer Stars: <keyword id="1490466" type="PERSON" weightage="20" keywordseo="Charlie-Hunnam">Charlie Hunnam</keyword>, Damijan Oklopdzic, <keyword id="6515344" type="UNKNOWN" weightage="20" keywordseo="Christopher-Fairbank">Christopher Fairbank</keyword> Description: Papillon is a story of Henri Papillon Charriere, a french safecracker who escapes from the penal colony in French Guiana with the help of an inmate. What critics said: The deadening narrative structure (escape, capture, escape, capture etc) eventually overwhelms everything else on screen, said Kevin Maher from the Times (UK) Murder on the Orient Express on Apple TV <div type="image" title="murder-on-the-orient-express-review" tempid="98723" msid="71536680" hostid="261"></div>

 Director: Kenneth Branagh Stars: Kenneth Branagh, Penélope Cruz, Willem Dafoe Description: Based on Agatha Christie’s best selling novel, Kenneth Branagh’s movie takes us through a murder on a train traveling through Europe. There is also an investigator onboard with 13 suspects. What critics say: Kenneth Branagh’s lavish, all-star take on Agatha Christie classic is endearingly nostalgic, Simran Hans from the <a href="https://www.theguardian.com/film/2017/nov/05/murder-on-the-orient-express-review-kenneth-branagh">The Guardian</a> said. “Despite the glitches and avalanches, thanks to a stellar cast and gripping source material, this mysterious train journey is worth taking,” <keyword id="3261" type="PERSON" weightage="20" keywordseo="Renuka">Renuka</keyword> Vyavahare from <a href="https://timesofindia.indiatimes.com/entertainment/english/movie-reviews/murder-on-the-orient-express/movie-review/61775178.cms">Times of India</a> See also: <div type="Article" hostid="261" msid="71516383" title="Hrithik Roshan and Tiger Shroff-starrer War enters the ₹200 crore club" mstype="2" mssubtype="0"></div>

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<ul class="summary-list"><li><keyword id="127480" type="PERSON" weightage="60" keywordseo="Christopher-Nolan">Christopher Nolan</keyword>'s much-anticipated movie, "<keyword id="1794015" type="ORGANIZATION" weightage="60" keywordseo="tenet">Tenet</keyword>," opens in theaters on Thursday.</li><li>For many fans of his work, the only way to experience it is watching on a big <keyword id="107172" type="COMPANY" weightage="60" keywordseo="Imax">IMAX</keyword> screen.</li><li>Here we've compiled a list of every single IMAX theater showing the movie in the US.</li></ul>There are several things that just go together perfectly, and when it comes to <keyword id="406" type="ENTERTAINMENT" weightage="60" keywordseo="Movies">movies</keyword>, there's no better experience than watching a Christopher Nolan movie on an IMAX screen.The director has been in love with the large-format for years and even shoots on IMAX cameras so you get the fullest viewing pleasure when seeing it."Tenet," Christopher Nolan's latest movie, is no different. His new complex thriller is finally opening in the US on Thursday. And though some states have not allowed movie theaters to open due to the coronavirus pandemic, many have and that means an IMAX screen may be open near you.To help in your search for one, here we've listed every IMAX theatre that will be showing "Tenet" from a list provided to Insider by the company. We will update this list as more theaters open.<h2>Alabama</h2>AMC Patton Creek 15 + IMAX Birmingham, AlabamaAMC Valley Bend 18 + IMAX Huntsville-Decatur, AlabamaAMC Festival Plaza 16 + IMAX Montgomery, Alabama<h2>Alaska</h2>Regal Goldstream Stadium 16 + IMAX Fairbanks, AlaskaRegal Tikahtnu Stadium 16 + IMAX Anchorage, Alaska<h2>Arkansas</h2>AMC Chenal 9 + IMAX Little Rock, ArkansasMalco Razorback Cinema 16 Fayetteville, Arkansas<h2>Arizona</h2>AMC Westgate 20 + IMAX Glendale, ArizonaAMC Superstition East 12 + IMAX Mesa, ArizonaAMC Deer Valley 17 + IMAX Phoenix, ArizonaAMC Desert Ridge 18 + IMAX Phoenix, ArizonaAMC Surprise Pointe 14 + IMAX Surprise, ArizonaAMC Foothills 15 + IMAX Tucson, ArizonaHarkins Arizona Mills 25 + IMAX Tempe, Arizona<h2>California</h2>Regal Parkway Plaza Stadium 18 + IMAX El Cajon, CaliforniaRegal Escondido Stadium 18 + IMAX Escondido, CaliforniaRegal Mira Mesa Stadium 17 + IMAX San Diego, California<h2>Colorado</h2>AMC Arapahoe Crossing 16 + IMAX Aurora, ColoradoAMC Flatiron Crossing 14 + IMAX Broomfield, ColoradoAMC Highlands Ranch 24 + IMAX Highlands Ranch, ColoradoAMC Orchard 12 + IMAX Westminster, ColoradoAMC Westminster Promenade 24 + IMAX Westminster, ColoradoCinemark Carefree Circle 16 + IMAX Colorado Springs, ColoradoRegal Colorado Center 8 + IMAX Denver, ColoradoRegal Colorado Mills 16 + IMAX Lakewood, Colorado<h2>Connecticut</h2>AMC Danbury 16 + IMAX Danbury, ConnecticutAMC Plainville 20 + IMAX Plainville, ConnecticutCinemark Buckland Hills 18 IMAX Manchester, ConnecticutCinemark Connecticut Post 14 + IMAX Milford, Connecticut<h2>Delaware</h2>Penn Cinema Riverfront &amp; IMAX Wilmington, Delaware<h2>Florida</h2>AMC Altamonte Mall 18 + IMAX Altamonte Springs, FloridaAMC Regency 20 + IMAX Brandon, FloridaAMC Destin Commons 14 + IMAX Destin, FloridaAMC Regency 24 + IMAX Jacksonville, FloridaAMC Woodland Square 20 + IMAX Oldsmar, FloridaAMC Orange Park 24 + IMAX Orange Parl, FloridaAMC Pembroke Pines 9 + IMAX Pembroke Pines, FloridaAMC Bayou 15 + IMAX Pensacola, FloridaAMC Sarasota 12 + IMAX Sarasota, FloridaAMC Sundial 20 + IMAX St. Petersburg, FloridaAMC Tallahassee 20 + IMAX Tallahassee, FloridaAMC Veterans Expressway 24 + IMAX Tampa, FloridaAMC West Melbourne 12 + IMAX West Melbourne, FloridaCinepolis Polk County 8 + IMAX Davenport, FloridaAutoNation IMAX, Museum of Discovery &amp; Science Theatre Fort Lauderdale, FloridaWorld Golf Hall of Fame IMAX Theater St. Augustine, FloridaRegal Gulf Coast Town Center Stadium Fort Myers, FloridaRegal Hollywood Stadium 20 &amp; IMAX Naples, FloridaRegal Hollywood Stadium 16 Ocala, FloridaRegal Pointe Orland Stadium 20 + IMAX Orlando, FloridaRegal Waterford Lakes Stadium 20 + IMAX Orlando, FloridaRegal Sawgrass Stadium 23 + IMAX Sunrise, FloridaSouthern Theaters Grand Pier Park 16 + IMAX Panama City Beach, Florida<h2>Georgia</h2>AMC North Point 12 + IMAX Alpharetta, GeorgiaAMC Columbus Park 15 + IMAX Columbus, GeorgiaAMC Avenue Forsyth 12 + IMAX Cumming, GeorgiaAMC Barrett Commons 14 + IMAX Kennesaw, GeorgiaAMC Southlake Pavilion 24 + IMAX Morrow, GeorgiaRegal Augusta Exchange Stadium 20 + IMAX Augusta, GeorgiaRegal Mall of Georgia Stadium 20 + IMAX Buford, GeorgiaRegal Arbor Place Stadium 18 &amp; IMAX Douglasville, GeorgiaRegal Atlantic Station 16 &amp; IMAX Atlanta, GeorgiaRoyal Cinemas 13 &amp; IMAX Pooler, GeorgiaSouthern Theaters Macon Stadium 16 + IMAX Macon, Georgia<h2>Hawaii</h2>Regal Dole Cannery 18 + IMAX Honolulu, Hawaii<h2>Idaho</h2>Regal Boise Stadium 21 + IMAX Boise, Idaho<h2>Illinois</h2>AMC Edwardsville 12 + IMAX Edwardsville, IllinoisAMC Quarry 14 + IMAX Hodgkins, IllinoisAMC Yorktown 18 +IMAX Lombard, IllinoisAMC Naperville 16 + IMAX Naperville, IllinoisAMC New Lenox 14 + IMAX New Lenox, IllinoisAMC Niles 12 + IMAX Niles, IllinoisAMC Oak Brook 12 + IMAX Oak Brook, IllinoisAMC Grand Prairie 18 + IMAX Peoria, IllinoisAMC Rockford 16 + IMAX Rockford, IllinoisAMC Street of Woodfield 20 + IMAX Schaumburg, IllinoisAMC Village Crossing 18 + IMAX Skokie, IllinoisAMC South Barrington 30 + IMAX South Barrington, IllinoisAMC Springfield 12 + IMAX Springfield, IllinoisCinemark 16 + IMAX Woodridge IllinoisMarcus Theatres Bloomington Galaxy 14 Cine + IMAX Bloomington, IllinoisRegal City North Stadium 14 &amp; IMAX Chicago, IllinoisRegal Lincolnshire Stadium 20 + IMAX Lincolnshire, Illinois<h2>Indiana</h2>AMC Jefferson Point 18 + IMAX Fort Wayne, IndianaAMC Indianapolis 17 + IMAX Indianapolis, IndianaAMC Traders Point 12 + IMAX Indianapolis, IndianaAMC Castleton Square 14 + IMAX Indianapolis, IndianaAMC Muncie 12 + IMAX Muncie, IndianaAMC Schererville 16 + IMAX Schererville, IndianaGoodrich Quality Theaters Eastside 10 &amp; IMAX Lafayette, IndianaIndiana State Museum IMAX Theater Indianapolis, IndianaShowplace East 18 + IMAX Evansville, Indiana<h2>Iowa</h2>AMC Council Bluffs 17 + IMAX Council Bluffs, IowaCinemark Davenport 53rd 18 + IMAX Davenport, IowaFridley Theaters Palm's Theatres &amp; IMAX Waukee, Iowa<h2>Kansas</h2>AMC Legends 14 + IMAX Kansas City, KansasAMC Town Center 20 + IMAX Leawood, KansasAMC Manhattan Town Center 13 + IMAX Manhattan, KansasAMC Studio 28 + IMAX Olathe, KansasRegal Warren West IMAX Wichita, Kansas<h2>Kentucky</h2>AMC Stonybrook 20 + IMAX Louisville, KentuckyAMC Newport On The Leeve 20 + IMAX Newport, KentuckyRegal Hamburg Pavillion Stadium 16 &amp; IMAX Lexington, Kentucky<h2>Louisiana</h2>AMC Mall of Louisiana 15 + IMAX Baton Rouge, LouisianaAMC Baton Rouge 16 + IMAX Baton Rouge, LouisianaAMC Elmwood Palace 20 + IMAX Harahan, LouisianaAMC Westbank Palace 16 + IMAX Harvey, LouisianaAMC Clearview Palace 12 + IMAX Metairie, LouisianaRegal Louisiana Boardwalk Stadium 14 + IMAX Bossier City, LouisianaSouthern Theaters Grand 16 + IMAX Slidell, Louisiana<h2>Maine</h2>Cinemagic &amp; IMAX Saco, Maine<h2>Maryland</h2>Regal Westview Stadium 16 &amp; IMAX (Opening Friday, September 4) Frederick, MarylandRegal Waugh Chapel Stadium 12 &amp; IMAX (Opening Friday, September 4) Gambrills, MarylandRegal Majestic Stadium 20 &amp; IMAX (Opening Friday, September 4) Silver Spring, Maryland<h2>Massachusetts</h2>AMC Boston Common 19 + IMAX Boston, MassachusettsAMC Liberty Tree 20 + IMAX Danvers, MassachusettsAMC South Bay 12 + IMAX Dorchester, MassachusettsAMC Methuen 20 + IMAX Methuen, MassachusettsIMAX 3D Theatre at Jordan's Furniture Reading Reading, MassachusettsShowcase Cinema de Lux Randolph, Massachusetts<h2>Michigan</h2>AMC Cherry Blossom 14 + IMAX Traverse City, Michigan<h2>Minnesota</h2>AMC Eden Prairie Mall 18 + IMAX Eden Prairie, MinnesotaAMC Southdale Center 16 + IMAX Edina, MinnesotaAMC Arbor Lakes 16 + IMAX Maple Grove, MinnesotaAMC Rosedale 14 &amp; IMAX Roseville, MinnesotaMarcus Theaters Rochester Galaxy 14 + IMAX Rochester, Minnesota<h2>Mississippi</h2>Malco Grandview 17 &amp; IMAX Madison, Mississippi<h2>Missouri</h2>AMC Chesterfield 14 14 + IMAX Chesterfield, MissouriAMC Independence 20 + IMAX Independence, MissouriAMC Barrywoods 24 + IMAX Kansas City, MissouriAMC Springfield 11 + IMAX Springfield, MissouriBranson IMAX Elite Cinema 3 Branson, MissouriSt. Louis Science Center Omnimax Theater St. Louis, MissouriMarcus Theatres Ronnie's 20 Cine &amp; IMAX Sappington, Missouri<h2>Montana</h2>AMC Shiloh 14 + IMAX Billings, MontanaAMC Missoula 12 + IMAX Missoula, Montana<h2>Nebraska</h2>AMC Westroads 14 + IMAX Omaha, NebraskaAMC Oakview 24 + IMAX Omaha, Nebraska<h2>Nevada</h2>AMC Town Square 18 + IMAX Las Vegas, NevadaGalaxy Theaters Sparks Sparks, NevadaRegal Sunset Station Stadium 13 + IMAX Henderson, NevadaRegal Red Rock Stadium 15 + IMAX Las Vegas, NevadaRegal Aliante Station 16 + IMAX North Las Vegas, Nevada<h2>New Hampshire</h2>Cinemagic Hookset 15 + IMAX Hooksett, New Hampshire<h2>New Jersey</h2>AMC Jersey Gardens 20 + IMAX (Opening Friday, September 4) Elizabeth, New JerseyAMC Clifton Commons 16 + IMAX (Opening September 7) Clifton, New JerseyAMC Garden State 16 + IMAX (Opening September 7) Paramus, New JerseyAMC Cherry Hill 24 + IMAX (Opening September 10) Cherry Hill, New JerseyAMC Monmouth Mall 15 + IMAX (Opening September 10) Eatontown, New JerseyAMC Hamilton 24 + IMAX (Opening September 10) Hamilton, New JerseyAMC Aviation 12 + IMAX (Opening September 10) Linden, New JerseyAMC New Brunswick 18 + IMAX (Opening September 10) New Brunswick, New JerseyAMC Rockaway 16 + IMAX (Opening September 10) Rockaway, New Jersey <h2>Ohio</h2>AMC Lennox 24 &amp; IMAX Columbus, OhioAMC Easton Town Center 30 + IMAX Columbus, OhioAMC Grove City 14 + IMAX Grove City, OhioAMC Westchester 18 + IMAX West Chester, OhioCinemark The Greene 14 + IMAX Beavercreek, OhioShowcase Cinemas Springdale 18 + IMAX Springdale, OhioRegal Crocker Park Stadium 16 + IMAX Westlake, Ohio<h2>Oklahoma</h2>AMC Patriot 13 + IMAX Lawton, OklahomaAMC Quail Springs 24 + IMAX Oklahoma City, OklahomaAMC Southroads 20 + IMAX Tulsa, OklahomaCinemark 17 TULSA + IMAX Tulsa, OklahomaRegal Moore Warren IMAX Theatre Moore, Oklahoma<h2>Oregon</h2>Regal Old Mill Stadium 16 + IMAX Bend, OregonRegal Valley River Center Stadium 15 + IMAX Eugene, Oregon<h2>Pennsylvania</h2>AMC Neshaminy 24 + IMAX, Bensalem, PennsylvaniaAMCCenter Valley 16 + IMAX Center Valley, PennsylvaniaAMC Waterfront 22 + IMAX West Homestead, PennsylvaniaPenn Cinema 14 + IMAX Lititz, PennsylvaniaRC Theatres Reading Movies 11 + IMAX Reading, PennsylvaniaRC Theatres Queensgate Movies 13 &amp; IMAX York, PennsylvaniaRegal Dickson City Stadium 14 &amp; IMAX Dickson City, PennsylvaniaRegal Downingtown Cinema Stadium 16 + IMAX Downingtown, PennsylvaniaRegal King of Prussia Stadium 16 &amp; IMAX Montgomery County, PennsylvaniaRegal Riverview Plaza Stadium 17 &amp; IMAX (Opening Friday, September 4) Philadelphia, Pennsylvania<h2>Rhode Island</h2>Showcase Cinemas Providence Place 16 + IMAX Providence, Rhode Island<h2>South Carolina</h2>Regal Sandhill Cinema 16 &amp; IMAX Columbia, South CarolinaRegal Simpsonville Stadium 14 &amp; IMAX Simpsonville, South Carolina<h2>Tennessee</h2>AMC East Bridge 18 + IMAX Chattanooga, TennesseeAMC Thoroughbred 20 + IMAX Franklin, TennesseeMalco Paradiso Cinema Grill 16 Memphis, TennesseeRegal Street of Indian Lake Stadium + IMAX Hendersonville, TennesseeRegal Pinnacle Stadium Cinemas 17 + IMAX Knoxville, TennesseeRegal Opry Mills Stadium 20 + IMAX Nashville, Tennessee<h2>Texas</h2>AMC Parks at Arlington 18 + IMAX Arlington, TexasAMC Barton Creek 14 + IMAX Austin, TexasAMC Northpark 15 + IMAX Dallas, TexasAMC Edinburg 18 + IMAX Edinburg, TexasAMC Stonebriar 24 + IMAX Frisco, TexasAMC Firewheel 18 + IMAX Garland, TexasAMC Grapevine Mills 30 + IMAX Grapevine, TexasAMC Highland Village 12 + IMAX Highland Village, TexasAMC Gulf Pointe 30 + IMAX Houston, TexasAMC Willowbrook 24 + IMAX Houston, TexasAMC Studio 30 + IMAX Houston, TexasAMC Deerbrook 24 IMAX Humble, TexasAMC Mesquite 30 + IMAX Mesquite, TexasAMC Rivercenter 11 + IMAX San Antonio, TexasAMC Metropark Square 10 &amp; IMAX Shenandoah, TexasAMC Fountains 18 + IMAX Stafford, TexasAMC First Colony 24 + IMAX Sugarland, TexasAMC Tyler 14 + IMAX Tyler, TexasAMC Galaxy 16 + IMAX Waco, TexasCinemark Century 16 + IMAX Corpus Christi, TexasCinemark 17 DALLAS + IMAX Dallas, TexasBullock Texas State History Museum Austin, TexasPremiere IMAX Bryan 15 Bryan, TexasPremiere IMAX El Paso 17 El Paso, TexasPremiere IMAX Lubbock 16 Lubbock, TexasRegal Amarillo Star Stadium 14 + IMAX Amarillo, TexasRegal Gateway Stadium 16 + IMAX Austin, TexasRegal Edwards Houston Marq*E Houston, TexasRegal Tall City Stadium 14 &amp; IMAX Midland, TexasRegal Permian Palace Stadium 11 Odessa, TexasRegal Grand Parkway 22 &amp; IMAX Richmond, TexasRegal Lone Star 19 &amp; IMAX Tomball, TexasSantiko Palladium 19 IMAX San Antonio, TexasPremiere Temple 16 + IMAX Temple, Texas<h2>Utah</h2>Megaplex 14 at Legacy Crossing &amp; IMAX Centerville, UtahMegaplex Theaters at Jordan Commons Sandy, UtahMegaplex Theatres at The District &amp; IMAX South Jordan, UtahMegaplex Theatres at Geneva &amp; IMAX Vineyard, UtahMegaplex Theatres at Valley Fair Mall West Valley City, Utah<h2>Virginia</h2>AMC Hoffman 22 + IMAX Alexandria, VirginiaAMC Hampton Towne Centre 24 + IMAX Hampton, VirginiaAMC Tysons Corner 16 + IMAX McLean, VirginiaAMC Lynnhaven 18 + IMAX Virginia Beach, VirginiaAMC Potomac Mills 18 + IMAX Woodbridge, VirginiaRegal Stonefield Stadium 14 &amp; IMAX Charlottesville, VirginiaRegal Fredericksburg 14 + IMAX Fredericksburg, VirginiaRegal Manassas 14 + IMAX Manassas, VirginiaRegal Commonwealth Stadium 20 + IMAX Midlothian, VirginiaRegal Short Pump Stadium 14 + IMAX Richmond, VirginiaRegal Fox Stadium 16 &amp; IMAX (Opening Friday, September 4) Ashburn, Virginia<h2>Washington</h2>Regal Martin Village Stadium 16 + IMAX Lacey, Washington<h2>Wisconsin</h2>AMC Mayfair 18 + IMAX Wauwatosa, Wisconsin

Every single IMAX theater playing 'Tenet' in the US

<div class="KonaFilter image-container display-table"><div><div class="image"></div></div></div><ul class="summary-list"><li>The <a href="https://www.businessinsider.com/category/alaska-permanent-fund">Alaska Permanent Fund</a> is a $65 billion fund managed by a state-owned corporation and fueled by oil and gas revenues.</li><li>The fund was created in 1976 and began giving an annual dividend (the PFD) to every Alaskan who registered for it - ranging from roughly $1,000 to $2,000 - in 1982.</li><li>Former governor Bill Walker lost popularity for his decision to reduce the dividend, and his successor, Mike Dunleavy, is proposing a controversial way to rebate those funds.</li><li>This article is part of Business Insider's ongoing series on <a href="https://www.businessinsider.com/better-capitalism">Better Capitalism</a>.</li></ul>Alaska's permanent fund and its annual universal cash program paid out to most citizens are the legacy of late Alaskan Gov. Jay Hammond. <a href="https://www.cgdev.org/sites/default/files/archive/doc/books/GovernorsSolution/Ch2_GovernorsSolution.pdf">In a short memoir</a> about his time crafting and fighting for the program, he wrote that his successor, Bill Sheffield, almost abolished the permanent fund dividend (PFD), but then Sheffield "got religion and concluded that action would be political suicide."Years later, Gov. Bill Walker's decision to lessen the state's dividend payout from 2016-2018, in an attempt to alleviate the state's recession, <a href="https://www.businessinsider.com/alaska-permanent-fund-gubernatorial-race-2018-10">proved so unpopular</a> it was one of several reasons he decided to not run for re-election. Walker, an independent, put his support behind the Democratic candidate, but it was the Republican, Mike Dunleavy, who won. Dunleavy is now trying to fulfill his campaign promise to pay back the money Walker cut, while also drastically cutting government spending.A bonus just for you: <a href="https://www.businessinsider.com/subscription/try-prime?fdasf" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://www.businessinsider.com/subscription/try-prime?fdasf&amp;source=gmail&amp;ust=1550782711148000&amp;usg=AFQjCNEdEztGYp0mJjAuu-47PJ0d81U8SQ">Click here to claim 30 days of access to Business Insider PRIME</a>Alaska now finds itself in a precarious situation, and the future of the PFD is at stake. As Alaska's conservatives and liberals, as well as urban and rural residents, debate their state's direction, it's proving that when a universal cash program is implemented, people of all political beliefs will integrate it into their lives. And if you try taking even a slice of it away, there can be a domino effect.<h2>Why Alaska has this program in the first place</h2>When Hammond, a Republican, became governor in 1974, Alaska had only been a state for 15 years, and its self-reliance was initially tied to the fishing and mining industries combined with some of the highest taxes in the country. When he looked at the Trans-Alaska Pipeline System, which would be completed in 1977, he saw oil as a savior - but a dangerous one. He took seriously OPEC cofounder Juan Pablo Pérez Alfonso's assessment of oil as "the devil's excrement," because while it can provide extreme wealth, it's a finite resource and a dip in the market can be disastrous for an economy tied to it.Over the next several years, Hammond and the state legislature worked through plans that resulted in the Alaska Permanent Fund in 1976 to house oil and gas profits, the state-owned but independently operated Alaska Permanent Fund Corporation in 1980 to manage the funds, and the dividend in 1982. The legislature also got rid of the income tax.Read more: <a href="https://www.businessinsider.com/alaskans-spend-permanent-fund-dividend-2019-2">Nearly everyone living in Alaska gets about $2,000 a year from the state's $65 billion fund. We asked 9 Alaskans how they spend it.</a>Hammond's vision for the dividend was to both maintain the long-term value of a finite resource and fulfill the Alaskan constitution's assertion that the state was obligated to use the land's resources for "the maximum benefit of its people." And while a universal cash program can sound like it would be rooted in ideology of the political left, Hammond was coming from a lens closer to libertarian. He believed citizens could use the money better than the government could, and preferred a cash program with no strings attached to a welfare program with restrictions.Today, the very foundation of the PFD is being called into question, and Hammond's prediction that government interference with the funds would lead to disaster has come true.<h2>A bigger PFD but smaller government</h2>Alaska is massive land-wise but small population-wise, with roughly 740,000 citizens, almost half of them split among the cities of Anchorage, Juneau, and Fairbanks. Those not living in or around cities are scattered throughout the state, some leading subsistence lifestyles. About 90% of Alaskans register for the PFD each year, and it's <a href="https://www.businessinsider.com/alaskans-spend-permanent-fund-dividend-2019-2">used differently across income levels</a> and location.These perspectives also inform the difference of opinion over the dividend's future. To counteract Walker's three-year cuts, Dunleavy wants to refund Alaskans thousands of dollars. In January, Dunleavy proposed a dividend <a href="https://www.adn.com/politics/2019/01/17/no-6700-dividend-gov-dunleavy-proposes-three-year-plan/">exceeding $4,000 per person for the next three years</a>. But he also wants to reduce the state's $1.8 billion deficit.His budget proposal in February called for state spending cuts of $900 million over a fiscal year, and includes a provision <a href="https://www.adn.com/politics/2019/02/18/governors-cuts-would-eliminate-payout-that-protects-public-assistance-after-pfd-payouts/">to cut $17.7 million in welfare spending</a>. Critics say that even though an increased dividend sounds good, the welfare cuts would hurt the Alaskans who would most benefit from the dividend.<div class="KonaFilter image-container display-table"><div><div class="image"></div></div></div><h2>How Alaskans see it</h2>Scott Maxwell is a 38-year-old teacher in Anchorage who supported Dunleavy's opponent, Mark Begich. Maxwell said he's "skeptical" that Dunleavy will be able to follow through with his increased PFD plan, and is against the spending cuts. But more than anything, he's concerned with the heart of the state's problem. "We still haven't addressed the revenue problems and an overdependence on oil that put the state's budget in crisis in the first place," he said.Daniel Helmer, 30, is a heavy equipment operator living in the remote town of Eagle, and while he's got faith in Dunleavy, he agrees with Maxwell that the state's leadership has made a mess. He echoed PFD founder Gov. Hammond when he told Business Insider, "I do believe that individual Alaskans can better spend the money than the bureaucrats in Juneau, who seem to spend most of their legislative sessions in gridlock."For some Alaskans, the intense debate over the PFD and its link to the question of government spending makes them think the state would be better off scrapping it. "I think ultimately it would be best to get rid of the PFD completely," said Jordan Iverson, a 25-year-old nurse in Anchorage. Iverson's family used her childhood dividends for a college fund, and she also used the PFD to buy her first apartment. She believes the PFD started off serving Alaskans well but became an entitlement, saying that the dividend money would be best used to build and fund vocational training for all Alaskans."It has served us well and destroying it would be more than sacrilege," said Christopher Wright, 73. He's retired and lives with his wife in a rural town in the Copper River Basin. They use the money to make it through the winter, when travel to cities for supplies becomes quite difficult. "Many folks in our region could not stay without the help of this fine fund," he said. He also agrees with Hammond's wish that the fund not become a political tool, which would lead to its destruction.<a href="https://basicincome.org/news/2017/07/us-survey-shows-majority-support-for-permanent-fund-dividend-amid-continued-legal-controversy/">Polling has shown</a> that the majority of Alaskans have long favored the fund, but Permanent Fund Defenders founder Juanita Cassellius said that as the political debates over the fund and the dividend increase in intensity, the fund needs protection.Dunleavy is counting on that happening, as well. In late January, <a href="https://www.webcenter11.com/content/news/Dunleavy-proposes-three-Constitutional-Amendments-for-PFD-505123622.html">he proposed three amendments</a>: There can be no changes to the PFD without a vote by citizens, the government cannot appropriate funds from the PFD and its amount cannot be lowered by the governor or legislature, and a spending cap and savings plan would be imposed on the fund. "There are different groups in a tug of war over using PFD funds for government now," Cassellius said, and the only thing that can save it is a constitutional amendment guaranteeing the dividend - "away from the tug of war."

The political debate over Alaska's universal cash program shows how important it's become over the past 37 years

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