Category Archives: National

How will the crash reshape Northfield?

Richard Florida In the March ‘09 issue of Atlantic Monthly, urban theorist Richard Florida has a cover piece titled How the Crash Will Reshape America.  It made me wonder what the long-term impact of the economic crash on Northfield will be. The lead-in to Florida’s piece:

The crash of 2008 continues to reverberate loudly nationwide—destroying jobs, bankrupting businesses, and displacing homeowners. But already, it has damaged some places much more severely than others. On the other side of the crisis, America’s economic landscape will look very different than it does today… Which cities and regions can come back strong? And which will never come back at all?

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Stimulus package could affect schools, unemployment rate

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Federal dollars might soon funnel into communities across the nation if the Senate passes the $789 billion American Recovery and Reinvestment Act of 2009 and many people are already speculating about how the bill might affect their communities. This week, State Senator Kevin Dahle (D-Northfield), Christopher Richardson, superintendent of Northfield’s public schools, and Michael Hemesath, chairman of Carleton College’s Economics Department, talked about their understanding of the bill and what Northfield citizens might expect if it becomes law, which could happen as early as Friday night (update 2/14/09 8:15 a.m. the Senate did pass the bill).
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This year’s Crop Hunger Walk

Griff and Ross and I were all out of town this week, and we’ve missed a lot of the happenings. This afternoon I was driving west on 2nd street toward Hwy 3 and spotted a LARGE group of people participating in the Crop Hunger Walk fund-raiser. Since I was driving, I couldn’t get a good shot of the length of the crowd, but people stretched from Division Street across the highway up at least as far as Linden Street.

Any participants care to share their experiences, or tell how much money was raised this year?

Our nation’s financial crisis

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Tonight’s New York Times: In Frantic Day, Wall Street Banks Teeter; In one of the most dramatic days in Wall Street history, Merrill Lynch agreed to sell itself to Bank of America for about $50 billion, while Lehman Brothers headed toward bankruptcy.

Tonight’s Wall St. Journal: Crisis on Wall Street as Lehman Totters, Merrill Is Sold, AIG Seeks to Raise Cash. Fed Will Expand Its Lending Arsenal in a Bid to Calm Markets; Moves Cap a Momentous Weekend for American Finance.

Looks like a real meltdown. Let’s try to make sense of it… especially how it might impact things locally.

McCain was right. The surge worked. The war in Iraq is over. We won. Now what?

Iraq_map I’m voting for Barack Obama but it’s increasingly clear (U.S. combat deaths in Iraq in July: 5) to me that John McCain was right about the surge and that the war in Iraq is essentially over. 

The war was a huge mistake, but how to get out is the big issue now, as well as the growing threat of the resurgent Taliban in Afghanistan and Pakistan.

How are the McCain and Obama campaigns dealing with these new realities?