Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Minn. Bankruptcies Highest in a Decade
KTTC.com ^ | Jul 07, 2010 | KTTC.com

Posted on 07/07/2010 1:22:38 PM PDT by Son House

More people are filing for bankruptcy in Minnesota. Filings, in fact, are at the highest level in a decade.

Through the end of May, nearly 9,600 bankruptcy cases were filed in Minnesota, up 11.6 percent from a year earlier.

Bankruptcy attorney Richard Pearson in New Brighton says unemployment is running out for some people, and those who have found work aren't matching the income of their previous job.

American Bankruptcy Institute figures show filings nationwide increased 14 percent in the first six months of 2010, compared to last year.

The St. Paul Pioneer Press reports bankruptcy filings are considered a lagging indicator and reflect earlier economic conditions.


TOPICS: Business/Economy; Government; News/Current Events; US: Minnesota
KEYWORDS: bankruptcy; minnesota; rochester; walz
Amazing same day article;

Tim Walz(D-Mn) honored Wednesday in Rochester

http://www.kttc.com/global/story.asp?s=12766232


1 posted on 07/07/2010 1:22:39 PM PDT by Son House
[ Post Reply | Private Reply | View Replies]

To: Son House

Three words: “Hope and Change”


2 posted on 07/07/2010 1:24:06 PM PDT by cranked
[ Post Reply | Private Reply | To 1 | View Replies]

To: Son House

it seems like it ought to be longer than that . . . what calamity befell minnesota in 2000?


3 posted on 07/07/2010 1:27:46 PM PDT by JohnBrowdie (http://forum.stink-eye.net)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Son House

Minnesota voted for hopey, changey. They got hopey, changey! Enjoy!! Maybe Walter Mondale has some answers! Too bad Humphry’s gone. He’d fix it!


4 posted on 07/07/2010 1:32:07 PM PDT by albie
[ Post Reply | Private Reply | To 1 | View Replies]

To: Son House

same state that voted from Al Franken, correct???

F’em


5 posted on 07/07/2010 1:39:50 PM PDT by TV Dinners (Hope is not a Strategy)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Son House
More people are filing for bankruptcy in Minnesota. Filings, in fact, are at the highest level in a decade.

Isn't that the state that elected Al Franken, a class clown, for Senator? I am sure that Al is stepping up to the plate the stop the bankruptcy filings. Or is he busy blaming Bush?

6 posted on 07/07/2010 1:42:06 PM PDT by olezip
[ Post Reply | Private Reply | To 1 | View Replies]

To: Son House
More people are filing for bankruptcy in Minnesota. Filings, in fact, are at the highest level in a decade.

Isn't that the state that elected Al Franken, a class clown, for Senator? I am sure that Al is stepping up to the plate the stop the bankruptcy filings. Or is he busy blaming Bush?

7 posted on 07/07/2010 1:42:25 PM PDT by olezip
[ Post Reply | Private Reply | To 1 | View Replies]

To: Son House

I know some fine folks in MN. These are working people and wouldn’t vote for clowns like obama or franken.

Too bad we couldn’t separate this nation with the liberal idiots on one side and the more conservative folks on the other. The liberal side would be in chaos in no time.


8 posted on 07/07/2010 2:21:51 PM PDT by boycott (CAL)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TV Dinners
same state that voted from Al Franken, correct???

That is a commonly held misconception among those who either do not understand Minnesota politics or who cannot count.

I assume you are one of the former.

9 posted on 07/07/2010 4:40:07 PM PDT by Colonel_Flagg (No apologies.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: olezip

Post nine, if you please.


10 posted on 07/07/2010 4:40:51 PM PDT by Colonel_Flagg (No apologies.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Son House
Statement from Walz’s congressional office

http://www.bluestemprairie.com/a_bluestem_prairie/2009/01/walz-votes-for-stimulus-bill.html

This legislation will create and save 3 to 4 million jobs, rebuilding America, making us more globally competitive and energy independent, and transforming our economy for long-term growth; give 95% of American workers an immediate tax cut; and invest quickly in the economy – with 75% spent in the first 18 months. For example, the plan provides $45 million to Minnesota in Byrne grant funding, which would keep police officers on the beat all across the state. It will also provide about $685 million to the Minnesota Department of Transportation for “shovel-ready” construction projects that can be up and running quickly.

“This recovery plan puts Americans back to work fixing our roads, bridges, and schools,” said Walz. “At the same time it calls into action our entrepreneurs, engineers, mechanics, electricians, and other laborers to transition our country to energy independence and bring the power and opportunity of high-speed internet to all corners of rural America. What’s exciting is that southern Minnesotans can benefit greatly from this strategy. Experts say more than 90 percent of the jobs created will be in the private sector.” added Walz.

11 posted on 07/07/2010 4:47:29 PM PDT by Son House (No Scammers or Spammers CASH ONLY SALE! No coupons, IOU's, Foodstamps, Checks, etc THIS IS CASH ONLY)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Colonel_Flagg

The two Senators representing Minnesota are:
Klobuchar, Amy - (D - MN)
Franken, Al - (D - MN)

I am sure that they are little help in this situation with their disordered minds and attendant warped and twisted view of basic economics 101.


12 posted on 07/07/2010 5:55:57 PM PDT by olezip
[ Post Reply | Private Reply | To 10 | View Replies]

To: NorthWoody; Manic_Episode; mikethevike; coder2; AmericanChef; Reaganesque; ER Doc; lesser_satan; ...

WELCOME TO FREE REPUBLIC’S MINNESOTA PING LIST!

139 MEMBERS AND GROWING...!

FREEPMAIL ME IF YOU WANT ON OR OFF THIS LIST!


13 posted on 07/07/2010 8:44:34 PM PDT by MplsSteve (Don't Be Stupak!)
[ Post Reply | Private Reply | To 9 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson