Boom or bust in Adak? Politics will decide
Adak is 1,200 miles west of Anchorage in the Aleutian Islands in the center of some of Alaska’s last “derby style” fisheries. Now, a great political struggle between some large Seattle-based corporate fishing companies and this Aleut community will determine whether Adak and it’s value-added approach to seafood development survives or if these valuable Alaska fisheries resources are simply added to the portfolios of the consolidated fishing companies. These large fishing companies already have exclusive Bering Sea and Aleutian Islands fishing privileges with an aggregate value in excess of $2 billion. In contrast, if Adak and Alaska lose this struggle, the community is not likely to survive. >click to read< 18:58
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