News Cut

News Cut: January 5, 2009 Archive

News Cut on campus

Posted at 4:57 AM on January 5, 2009 by Bob Collins (9 Comments)
Filed under: Economy, Schools

Starting next Wednesday and continuing every Wednesday into March, I'll be visiting a campus of the Minnesota State Colleges and University System to talk to students about their outlook. The economy certainly paints a bleak picture, but young people usually tend to have hope. Is hope still alive? And what journeys have brought people to their particular campus?

I'll have multiple postings each Wednesday evening on what I find.

Here's the schedule. If you're on one of these campuses, I look forward to talking to you. You can find me at the campus cafeteria or student center.

January 14 - Century College. White Bear Lake
January 21 - Vermilion Community College. Ely
January 28 - Minneapolis Community and Technical College. Minneapolis.
February 4 - Winona State University. Winona.
February 11 - Minnesota West Community and Technical College. Duluth.
February 18 - Lake Superior College. Duluth
February 25 - Minnesota State University. Moorhead
March 4 - Hennepin Technical College. Eden Prairie.

I'll be in each location from about 10:30 a.m. to noon.

Meanwhile, posting will be a little light today. I'm on my way to Winona to talk to a school official about the Feb. 4 visit.

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When your work matters

Posted at 8:38 AM on January 5, 2009 by Than Tibbetts (4 Comments)
Filed under: Things that are puzzling

When was the last time you had to issue a press release when you took a sick day?

I thought so. You're probably not Apple CEO Steve Jobs.

Jobs issued a press release this morning to dispel rumors that his health was floating somewhere between 'gravely ill' and 'perilously close' to death after the company announced he wouldn't appear at the Apple-themed consumer products trade show known as Macworld.

"As many of you know, I have been losing weight throughout 2008. The reason has been a mystery to me and my doctors. A few weeks ago, I decided that getting to the root cause of this and reversing it needed to become my #1 priority.

Fortunately, after further testing, my doctors think they have found the cause -- a hormone imbalance that has been "robbing" me of the proteins my body needs to be healthy. Sophisticated blood tests have confirmed this diagnosis."

No CEO's health is more tied to his or her company's stock price than Jobs, who suffered from pancreatic cancer in 2003.

After this report was published on the technology blog Gizmodo Apple shares dove nearly 4 percent, erasing about $3 billion of the company's book value.

Jobs, for his part, doesn't seem to be enjoying the extra attention...

"So now I've said more than I wanted to say, and all that I am going to say, about this."

And for the record, this bit of "good news" has Apple stock up almost 4 percent in early trading.

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Where's Al?

Posted at 11:51 AM on January 5, 2009 by Bob Collins (15 Comments)
Filed under: Politics

The Franken campaign has been working hard, sending out press releases every time a commenter says he's the apparent winner in the Senate race.

A few minutes ago, his campaign reacted to today's Supreme Court ruling that said, basically, if Norm Coleman wants 650 more absentee ballots counted in the race, he should file a challenge to the election in court.

"Today, the Supreme Court once again affirmed the validity of the rules under which this recount was conducted. Minnesotans have waited a long time for a winner to be declared in this race, and today, with the last attempt to halt the counting process now having failed, Al Franken will be declared the winner."

But the statement didn't come from Al Franken. It came from attorney Marc Elias, his lead attorney in the recount. (Here's a copy of the court order.)

Now that Franken is the presumptive winner of the recount, it's time to ask some important questions. Here's one: Where is Al Franken?

I've sent a couple of messages to the campaign officials today, but the only thing coming back are more press releases with more press clippings about the recount.

Here's what I'd like to know:

  • What has Franken has been doing for the last few weeks? Is he he in Minneapolis or somewhere else? How has he been spending the time.

  • Obviously he's been laying low but with all the claims of victory that the campaign has been sending out, will he be making some public appearances soon?

  • Is he making any plans to move his family to Washington?

  • Will he be attending the inauguration of the president?

  • Does he have any positions or comments on the last two months of political news and events that have gone on? What is his stance on Israel's incursion into Gaza?

    Answers later (hopefully). Meanwhile, if you've seen Al Franken, let me know.

    Update 3:10 pm - Franken is to make a statement outside of his Minneapolis home at 4 pm

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  • What now?

    Posted at 3:51 PM on January 5, 2009 by Bob Collins (4 Comments)
    Filed under: Politics

    franken_victory.jpg

    It appears the U.S. Senate will try to seat Al Franken as a member this week even though he likely won't have an election certificate from Minnesota, Congressional Quarterly is reporting.

    Jim Manley, the spokesman for Senate Majority Leader Harry Reid , D-Nev., said Monday that there "likely will be an attempt to seat [Franken] this week."

    A senior Democratic aide confirmed that Senate Democrats hoped to swear Franken in Tuesday, along with the rest of the freshman senators.

    Franken may provide more illumination at his 4 p.m. "statement."

    Meanwhile, the Norm Coleman camp is giving every indication it intends to take the Minnesota Supreme Court up on its suggestion that he pursue an election challenge to get 650 absentee ballots included in the count.

    Does this hurt Coleman's political future? On Midmorning today, Guy Charles, the professor of law at the University of Minnesota Law School, seemed to suggest it does.
    In the newsroom today we kicked around the possibility of Coleman running for Tim Pawlenty's job in 2010. What other statewide Republican has his kind of name recognition?

    Update 4:49 p.m. - Outside his Minneapolis home this afternoon, Franken took no questions, but read this statement:

    "It has been a remarkable couple of months. Our recount brought national attention to Minnesota, and what Americans saw is that we take our democracy seriously. Our recount process was long, it was fair, and it was thorough. We should all be proud of our state, and we should all be grateful for the incredible hard work and dedication of all of our elections officials, from the state canvassing board and the Secretary of State's office to the officials in the cities and counties and precincts of Minnesota."

    "After 62 days, after the careful and painstaking hand inspection of nearly 3 million ballots, after hours and hours of hard work by elections officials and volunteers across the state, I am proud and humbled to stand before you as the next Senator from Minnesota.

    "This victory is incredibly humbling - not just because it was so narrow, but because of the tremendous responsibility it gives me on behalf of the people of Minnesota.

    "While the recount process played out, the challenges facing our state and our nation have only grown. With tensions in the Middle East reaching the boiling point, our economy facing its worst crisis since the 1930s, and Minnesota's middle class families being squeezed harder than ever, it's clear that we have a lot of important work to do.

    "I want you all to know that I'm ready to go to Washington and get to work just as soon as possible. And I look forward to joining President-Elect Obama and Senator Klobuchar in getting our country moving in the right direction again.

    "I know this is not an easy day for Norm Coleman and his family, and I know that because Franni and I and the kids have had plenty of time over the past two months to contemplate the possibility that this election would turn out differently. Norm has worked hard for this state and this country, and I hope to ask for his help to ensure that Minnesotans can continue to count on receiving excellent constituent services from their two Senators without interruption.

    "I also know that this was a hard-fought victory, and that I didn't win the support of every Minnesotan. I'm going to have to earn it by being a Senator who fights for every Minnesotan, whether you voted for me or not. And I want every Minnesotan to hear me say: I work for you now. And I will work hard to earn your confidence.

    "There may still be additional legal proceedings related to our recount. But I'm now in the business of serving the people of Minnesota. And the best way I can serve the people of Minnesota right now is to focus all my attention and all my energies on getting to work for them on the issues we'll be facing together.

    "I would like to close by doing something I wish I'd gotten a chance to do properly on Election Night, and that is to thank some people. My amazing staff and supporters across the state who made this victory possible and stuck with us this whole way. All the volunteers who woke up the morning after Election Day and got right back to work to help our recount effort. Our state's dedicated elections officials, our tremendous congressional delegation, and our fantastic Senator, Amy Klobuchar, who continues to be a mentor and an inspiration. And, of course, my beautiful wife Franni and our amazing family.

    "For our state, today marked the end of a long process that will forever be a part of Minnesota history. But today is also a beginning. The history of our country will be forever altered by what we do together to address the challenges we face together. So, with tremendous gratitude for the victory we have won, I'm ready to get to work.

    "Thank you."

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    Carl Pohlad, 1915-2009

    Posted at 4:08 PM on January 5, 2009 by Bob Collins (15 Comments)
    Filed under: Icons, Sports

    pohlad_large.jpgCarl Pohlad, the owner of the Minnesota Twins, has died, Twins officials said today.

    Pohlad became a lightning rod for controversy while trying -- and eventually succeeding -- to get taxpayers to pay for a new baseball stadium. He died a year before Target Field opens.

    While Pohlad is best-known for his ownership of the Twins, he built his wealth through a diverse set of investments including Marquette Bank (which he sold to Wells Fargo for $1 billion). As president, he bought up 30 other banks before selling it to FirstBank (now USBank). He also owns or has owned a Pepsi bottling operation, United Properties, and Mesaba Airlines. He also owned Twin City Rapid Transit, the streetcar and bus service of St. Paul, which was acquired by Metro Transit in 1970.

    According to Forbes Magazine, Pohlad was the 78th 102nd richest man in America, and the 245th richest man in the world. His net worth was estimated at $3.6 billion. He ranked as the third-wealthiest Minnesotan, trailing Whitney MacMillan and Cargill MacMillan Jr.

    "I had no experience dealing with reporters, especially sports reporters," he told MPR's Mark Zdechlik in 2001 on the subject of criticism of Pohlad during his bid to get public financing for a new stadium. "I don't want to see the Twin Cities without a baseball team and I've proven I want to keep them here." Find the old interview here.

    But the public never warmed to a Pohlad image of baseball savior. He served on the committee that voted to eliminate -- "contract" it was called at the time -- the Twins during the height of public debate over public financing of the Twins stadium at the Capitol. Eventually, lawmakers voted to tax Hennepin County residents for the stadium.

    Pohlad contributed a fraction of the cost, calling it "fair and substantial". One of his last public appearances was the groundbreaking for the new stadium in 2007. Pohlad was also the richest owner in baseball.

    Businessman Irwin Jacobs, a close friend of Pohlad's, said "when Carl was hurting, he didn't want anyone else to know his pain. When someone else was hurting, he wanted to know your pain." He said Pohlad "lost a literal fortune keeping the Twins here. I told him, 'Carl, get out of it, if people don't appreciate it, move on.' and he didn't and if it was me, I'd have done it. I wouldn't have put up with it." ( Listen to entire interview)

    Pohlad came from a poor upbringing. He was one of eight children during the Depression years in Valley Junction, Iowa. He served in World War II in the U.S. infantry, before returning to Iowa and starting a career in banking.

    "Carl never lost sight of the fact of his roots and where he came from, "Jacobs said. "How many people are losing their fortunes today because they'd forgotten where they'd come from. He always evaluated risk."

    Pohlad was the finance director for Hubert Humphrey's last Senate campaign, but his politics was hard to pin down. In the latest election cycle, for example, Pohlad contributed to Barack Obama's presidential campaign and Norm Coleman's re-election campaign for Senate. He also financial supported DFLers Amy Klobuchar, Patty Wetterling, and Jim Oberestar and also Republicans Gil Gutknecht, Rod Grams, and George Bush.

    His wife, Eloise, died in 2003. The couple had three children. They released a statement on their father's death this afternoon:

    Carl was the leader of our family as well as the founder and leader of our family businesses. We've loved and respected him and are enormously proud of his accomplishments. And we will all miss him deeply.

    We greatly appreciate the support and prayers of our friends, colleagues and the community. We especially appreciate the support of our employees throughout the Pohlad family of companies at this difficult time. We want to assure everyone that we will continue Dad's work and his legacy - just as he would have wanted and as he has prepared us to do.

    On his last visit with Pohlad last week, Jacobs said Pohlad told him he was going to do "one more deal after the first of the year." He said there was no deal; he just loved the excitement of the possibility, Jacobs said. "I hope this community appreciates what Carl has done . They're such good people and they give so much. I just hope they treat the boys in the way they should be treated. This community should cherish the history of Carl Pohlad here," Jacobs said.

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