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October 7, 2010     Valley News and Views
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October 7, 2010
 

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Page 2 Valley News t October 7th, 2010 & Views iii~iiiiii:i iiiTiiiiiiiiiiiiiiiiiiii~i iiiiii!!! Tales and Trails The Meltdown of the American Economy HOstfest 1st Annual Film Part 17 of 24 by K.C. Gardner By Dr. Larrie Wanberg (The following is a supplemented by an by withholding the money. description of the meltdown additional $800,000,000,000 As Woods comments: the It's very special when one historic church, to be shown emphasis on Norwegian of the American economy, ($800 billion) pumped in banks couldn't win--first can be present when new life in part at the Fourth Annual American immigration. 2007-2008, as the economic by the Treasury and the Fed they were condemned for bubble engendered by as smaller bailouts over the being too reckless with loans, is born. It is equally special International Conference Likewise, some initial plans the Federal Reserve burst, previous six months failed to then they were clubbed with when traditional cultures of Digital Storytelling in were discussed for program Analysis of the meltdown is stimulate economic growth, the idea they were being too reinvent themselves to leap Lillehammer Norway in exchanges between two provided by citing studies On October 13, 2008, conservative. into the new generation. February 2011. genealogy society-groups compatible with the Austrian it was reported that Neel Contradicting himself, in It happened this past week Norwegian Counsel that focus on tracing family economic theories of Ludwig Kashkari, the head of the mid-November Secretary at HOstfest in Minot, which General presented a wreath roots on two continents, von Mises and Murray new Office of Financial Paulson had virtually given is the largest Scandinavian at the gravesite monument Lauraine Snelling, a Rothbard.) Stability, had announced up any idea of buying toxic festival in the Country that and a service was held inside member of the Ox Cart Last week we saw how the federal government mortgage-based assets from draws upwards to 60-80,000 the beautifully-kept church. Trails Historical Society in Thomas Woods blamed was going to buy shares the financial sector. Had that people. I parked my vintage At coffee in the Church Drayton while she lives in the meltdown of the of stock in healthy banks; idea been a smoke screen RVamongtheseaofl700RVs basement, delegations CA, introduced her 69th econom3~not on regulation including Citibank, Bank to help the passage of the -a modern "community" of from the Emigrant Museum novel at a crowded book or on deregulation, but of America, and Goldman bailout bill or was Paulson mobile travelers. My 1979 in Norway, some officials booth at HOstfest. Her on the economic system Sachs, for $250,000,000,000 confused aboutexacflywhat RV "held its own" among from HOstfest and local faithful following of readers itself which encourages ($250 billion). Secretary of the economyneeded? the modern "high rollers." congregation members attest to her ability to create financial recklessness and the Treasury Henry Paulson In the end it was probably Perhaps,!t was the sign on the exchanged thoughts and good stories. She has been indebtedness, was quoted in the "New York a good idea for the federal doors-' Sundial Stories." feelingsaboutstandingatthe encouraging a media center A report by Celent, a Times" as saying the banks government to forego the The special event was historical site where pioneer in Drayton for a number of financialservicesconsultant, would have to accept the purchase these assets. Such the introduction of the heritage first originated in years when she returns to i " " first annual HOstfest "Film this area. Some shared ideas teach writing workshops at n December 2008 using plan ...for the good of the purchases would have kept data from the Fed itself American financialsystem." housing prices up at levels Festival. about documenting these Blessing ND." concluded that the alleged Thispartialnationaliwation most potential buyers would For me, the five days of stories through filming. And finally, in the Media credit crunch was the result of the nation's banks brought not pay. Plus there were so celebrating Nordic tradition At HOstfest, most special Room, a commitment was of using the trouble of a few forth a comment from the many of these toxic assets started with the 16th to me was to renew a made to mutually promote high profile financial and Leftist dictator of Venezuela, that to make a dent would annual honoring of Sondre friendship from last year Norwegian films through a automotive institutions andHugo Chavez,: "Bush is to have required the creation Norheim, the Norwegian with Bjorn Fargeton from proposed plan that can help extrapolating to the general the left of me now." of so much money that the "Father of Modern Skiing" Lappland who began support fund-raising events economy. In reality there The government plan value of the dollar would who homesteaded in filming some stories here. for local folk museums, was no general credit freeze, behind the intervention in have been destroyed. McHenry County in 1884 Together with Les Thomas An outcome was the Under pressure the banking was that the banks On November 12 Paulson and was buried in the from Turtle Mountain creation of a formal, non-Senate passed the bailout, would immediately lend the was quoted as saying there country cemetery of Norway Tourism Association, they profit organization, called The House had previously new cash. However, that was not enough liquidity Lutheran Church in 1897. shared a historical display"Nordic Heritage Academy rejected the bill, but whenwas not the response of theto open up more car loans, Being present for this that presented American of Media Arts, to develop a the stock market fell, the banks. Instead, they held on student loans, and credit ceremony was special for me Indian culture along side of filmmaking contest in rural Representatives had second to muchofthemoney, fearing cards. It seemed the as my father served as pastor Lapplander culture to show regionsthatcouldbefinalized thoughts and passed the a repeat of the profligate Administrationwaschanging to this country congregation the similarities of Indigenous at State Fair and potentially bailout, which President lending that had brought its strategy every few days, for years and he was peoples, shown for entertainment atBush signed on October 2, such disaster to them. The leaving the impression that instrumental in identifying The history of the evolvinga film festival at HOstfest. 2008. However, the stock Bush White House through no one in charge really knew the thenunmarkedgravesite, film festival dates back fiveYouthful filmmakers market continued in free- press secretary Dana Perinowhat to do, thus sapping along with Olaf Nelson to seven years, when the through social mediafall. blasted the banks, saying investor confidence. who was caretaker of the above groups first created a networks for distribution areThe $700,000,000,000 theywere not supporting the cemetery, presence at HOstfest. cornerstone to sustaining ($700 billion) bailout,~ American economic system Melvin and Vera Nelson, A theme of exchange traditional cultures into along withLawrenceNelson, permeated the days at the next generation. The were present to recall a few HOstfest -- sharing betweencontestants in the film Growing Pembma County Leaders Continued From Page 1 oral history stories. The Nelson brothers retold that their great grandfather, who was a founding members of Norway Lutheran, knew Sondre Norheim. On July 3rd, some filming to document such stories was started withVera Nelson, 93-year-old curator of the five Scandinavian cultures as a Nordic culture, and sharing between Indigenous cultures with some roots dating back 10,000 plus years. A discussion took place for a potential exchange between an Emigrant Museum in Norway with a ND Folk Museum with festival could bridge cultural awareness and engagement, Clinic. The group greatly like the "HOstfest in the appreciated the time that Schools" program does in wastakenbyeachbusinessto a few days, throughout the explain what their business year and be accessible "on providedto the county. demand" via a dedicated The next meeting will youthWebsite, be held on October 27th at Frostfire Mountain in Walhalla, ND. Presenters will be Kathy Stremick, City of Walhalla Economic Development Director, and Helen Volk-Schill, North Dakota State University Pembina County Extension Office. A tour of the scenic Walhalla area and businesses will follow. If you are interested in attending future leadership classes, please contact: Pembina County Job Development Authority in Grafton, ND (701) 352-3550. I- i! J ! 1 e n... Putting it ton Clubs Doon - U.S. 5th Toward Rome - Precious October 4th, 1894 Drayton Echo Ralph Conklin, an 18 year old boy, given to dime novel reading, robbed a Mt. Sterling, Ill. Bank in true bandit style, but was captured by citizens. Major Edwards of the Fargo Forum has just been "way down south in the land of cotton" reviewing some of the old battle fields of the civil war where he used to linger when the bullets missed him. The Major has many pleasant recollections of those bygone days. When Grafton gets the new asylum built for the feeble- minded, there are several politicians from Walsh county who won't have to go far to take the needed cure. John Harrington and his threshing cook, John Doon, got into a dispute over wages today, when Harrington" lost his temper grabbed a club and did up Doon quite badly. The matter has been settled we learn. October 5th, 1917 Drayton Echo Viscount Ishii, head of the Japanese mission to the United States proclaiming a Monroe Doctrine of the Far East, warns the nations of the world that no aggressions against China, its territory or independence would be tolerated by his country. A hemp binder was started on the Herman Luck farm the first of the week. This is the first machine of this kind ever seen working in this vicinity. It is worth watching. J.R.. Vestre, H.W. Gilroy, D.R. Buchanan, T.E Newans and N.R. Tacklind composed of the outfits have pulled in for the season. There is still some flax to thresh and when that is done the thrshing will be finished. October 4th, 1935 Red River Valley Leader In the first game of the World Series played at Detroit, Mich., Wednesday the Chicago Cubs defeated the Detroit Tigers by a score of 3 to 0. Practicallyeveryhousewife receiving relief in the state is canning vegetables and wild fruit for her family this winter reports Miss Evelyn Buechler, FERA staff nutritionist, who finds on checking grocery orders that nearly two-thirds of them have requests for jar tops and rings. Kasey's dance at Bowesmont, Wednesday evening was largely patronized. A feature of the attraction was the raffle of the Kasey's Kozy Klub. Phil Raymond of East Grand Forks held the winning number and possession of the business will be turned over to him about the 23rd of this month. Mr. L. Long expected. October 8th, 1943 Red River Valley Leader The American Fifth and British Eight armies pushed ahead toward the battle of Rome Tuesday against a sharply resisting German force officially estimated to contain from four to five divisions. Such a force presumable would number from 60,000 to 70,000 men. Last Saturday the farm home of Mr. and Mrs. Arnold Hoselton, east of Pittsburg, was burned to the ground. and not succeeding, she ran a mile to the Wayne BeUamy home. Neighbors, by this time, had noticed the fire and hurried to the scene but were too late to save anything except the washing machine and cream separator. Marvin Hedman, son of Mr. and Mrs. C.G. Hedman, rural Drayton, was able to leave the hospital last Friday where he suffered the amputation of a foot, crushed in a combine, a few weeks ago, on his father's farm. October 4th, 1956 Drayton Leader The State Health Department reports that 10 new cases of polio have turned up in the state - seven of them in LaMoure county. The Commercial Club met at regular meeting on Tuesday evening with plans for a swimming pool fund raising campaign the topic of the evening. Supt. Warren Loberg has announced that the high schoolwas closed onTuesday for the remainder of the week to allow the students to aid farmers in the area in harvesting the potato crop. Classes will be resumed on Monday, October 10. October 2nd, 1970 Drayton Express An exciting discovery on a fall day in 1964, has turned today into the hard-nosed business of drilling for metals in the Pembina Anomalies. Amerada Petroleum Corp., has drilled or is drilling two holes in the Hensel and Akra, N.D. areas seeking nickel or iron, or whatever metal is causing a magnetic high. an auto party that visited at Members of the family were Greenbush and Roseau last all away working except [ Help Keep Ole and [ Sunday. They made the trip the youngest daughter and I Lena Alive! I in the Tacklind auto. when she noticed th house ISendUs Your Ole and[ The threshing in this filling with smoke, tried to [ Lena Jokes. [ vicinity is about over. Most call some of the neighbors ~ ~ ~ ~ ~ iii!~i::iii~ i i/ii iiliii~ iii~i~iiiiiiiiiiii!iiiiiiiiiiiiiiii~ : C~muni~ Ei~ iiiiii!!i!~iiiiiiii!iiiii!iiiiii!i! 25 YEARS ARMY NATIONAL , DESERT STORM VETERAN 8 YEARS DRAYTON CITY COUNCIL (2002-2010) 4 YEARS PRESIDENT DRAYTON CITY COUNCIL * 4 YEARS FLOOD COORDINATOR FOR CITY OF DRAYTON 4 YEARS BOARD OF DIRECTORS VALLEY A- 6 YEARS PEMBINA COUNTY OB DEVELOPMENT A- LIFE LONG RESIDENT, 46 Paid for by Candidate ,1 i