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“I’m just hoping that in the next 48 hours, Obama doesn’t return Alaska to the Russians,” Krauthammer said, tongue-in-cheek. “After all, it was an unfair deal.” The United States acquired Alaska from Russia in 1867 for a total purchase price of $7.2 million, a sum that has been repaid many times over in revenue from Alaska’s vast store of national resources, including gold and oil. Historians generally regard Russia’s sale of Alaska to the United States to have been an enormous blunder. – READ MORE