FINANCIAL CRISIS
DOING IT DOWNTOWN More money means more problems in “The Company Men”
By: Matthew Liedke MSUM Journalism With public anger over the financial meltdown of 2008 directed at corporate executives, it may seem unfeasible to make a movie that makes an audience feel sorry fo...
Posted on 4/18/11 at 2:13 PM
CBO: This year's federal budget deficit to hit $1.5T 
WASHINGTON (AP) — A continuing weak economy and last month's bipartisan tax cut legislation will drive the government's deficit to a record $1.5 trillion this year, a new government estimate predicts.
By Associated Press , January 26, 2011
Republicans to state workers: 'No Christmas in June'
ST. PAUL - Republicans who control the Minnesota Legislature say they want $200 million cut from the budget that ends June 30.
By Don Davis, Forum News Service , January 18, 2011
UPDATED: Minnesota's projected deficit nears $6.2 billion in 2012-13
ST. PAUL, Minn. (AP) — Minnesota's financial outlook offers a brighter picture in the short run before a wallop down the road, with a projected deficit growing to just shy of $6.2 billion for the two-year budget lawmakers must set in 2011, state officials said Thursday.
By Associated Press , December 02, 2010
Minnesota budget forecast will outline pain to come
ST. PAUL, Minn. (AP) — Minnesota's budget has been running deficits for three solid years, with no end in sight.
By Associated Press , December 01, 2010
Conrad says financial collapse was imminent in 2008
Says criticism of bailouts ignores severity of crisis
It began with an emergency meeting one mid-September evening in 2008 with fewer than 20 of the nation’s most influential leaders on fiscal policy. Kent Conrad, a North Dakota Democrat and Senate Budget Committee chairman, was among the elite group.
October 22, 2010
- North Dakota Sen. Kent Conrad talks at NDSU
- Graphic: Federal response to financial crisis
- North Dakota Democratic Sen. Kent Conrad tells The Forum's editorial board about meetings he attended in September 2008 when the global economy was on the brink of financial collapse
- Conrad describes the "sobering" meeting the final night of TARP negotiations in 2008.
- Conrad says there was unanimous agreement among congressional leaders during the final night of TARP negotiations that "it had to be done"
- Talk about this topic
Pawlenty lays out budget cuts
ST. PAUL - Minnesota's cities, counties and poor people in need of health care would be most affected by Gov. Tim Pawlenty's plan to balance the state budget.
By Don Davis, Forum News Service , February 15, 2010
Pawlenty pushes tax cuts to help jobs
ST. PAUL - Gov. Tim Pawlenty used his last State of the State address to push many of the same ideas Minnesotans have heard from him since he took office 2003, with the same results: Republicans generally praising them and Democrats criticizing.
By Don Davis, Forum News Service , February 11, 2010
January unemployment rate drops to 9.7 percent
WASHINGTON — The unemployment rate dropped unexpectedly in January to 9.7 percent, while employers shed 20,000 jobs, according to a report that offered hope the economy will add jobs soon.
By Associated Press , February 05, 2010
House Dems trash Obama's plan for jobs tax credit
WASHINGTON — Some rank and file Democrats in the House are trashing President Barack Obama's plan to give businesses that add workers a new $5,000 tax credit for each job they create.
By Associated Press , February 03, 2010
Obama unveils 2011 budget with $3.83T in spending
WASHINGTON — President Barack Obama unveiled a multitrillion-dollar spending plan Monday, pledging an intensified effort to combat high unemployment and asking Congress to quickly approve new job-creation efforts that would boost the deficit to a record-breaking $1.56 trillion.
By Associated Press , February 01, 2010
Small businesses struggle to find enough financing
Jerry Stromberg’s long-standing dream of owning his own business became a nightmare last summer. He had to close Ristreto Coffee & Tea after five years in business in Fargo when several factors, including problems securing enough bank loans, combined to force closure of his shop in July.
By Tracy Frank , February 01, 2010
Black lawmakers grow impatient with White House
WASHINGTON — Black lawmakers who have held their tongues during most of President Barack Obama's first year in office are stepping up their demands that the nation's first black president do more for minority communities hit hardest by the recession.
By Associated Press , December 10, 2009
MN: Nearly 7 percent of state's home loans delinquent
MINNEAPOLIS — A record number of Minnesota homeowners are behind on their mortgages.
By Associated Press , November 20, 2009
Minnesota might have to borrow money
Prospect possible if revenue drop continues
ST. PAUL – Gov. Tim Pawlenty’s budget advisers informed legislators Thursday that the state might have to borrow money next year to cover its bills.
By Brian Bakst, Associated Press Writer , November 13, 2009
Dorgan called it in 1994
The problem with prophets is it’s so difficult to tell who the genuine ones are until after the fact.
By Dan Radmacher , November 01, 2009
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