Apparently you don't understand how the Perm Fund, not the PFD, is protected under the state's constitution.  ONLY the Perm Fund principal is protected.  We get our PFD from the INTEREST of the Perm Fund.  The INTEREST isn't protected and that's why the governor or the Legislature can spend our PFD fund as they see fit.  I'll bet that's how the Supreme Court will see it too.