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Tom Potter: I'm Running For Senate PDF Print E-mail
Written by Chet   
Tuesday, 25 October 2011 08:22

TomPotter_3761SmallTom Potter of Grand Forks is definitely running for North Dakota's open U.S. Senate seat. He sent me an email yesterday confirming he is running.  In his email, Potter expressed excitement for what may be a contested race for the endorsement of the Democratic-NPL Party. He says he's definitely running and plans to make his formal announcement later this week.  

Dr. Thomas A. Potter will be running for the seat currently held by Sen. Kent Conrad.  He's currently employed as a Lay Pastor of the First Presbyterian Church in Red Lake Falls, MN.  Prior to his ordination, Potter taught Finance at the University of North Dakota in Grand Forks.

“I don’t expect to be the only person seeking this nomination,” Potter said.  “After thinking about this race, and talking with people around the state, I have decided that winning the election in November is so important, that a competitive race for the nomination can only help our cause.  We need to start talking about the serious issues that will be on the table during the fall campaign as soon as possible.”

Potter expressed support, generally, for the 99% movement. “They are absolutely correct in pointing out that protections for the middle class put in place after the great depression have been abandoned over the last 30 years."  From his email:

“During the first three decades after  World War II, the living standards of every American family more than doubled.  But, during the last thirty years, only the wealthiest 20% of the population experienced any appreciable growth in their standard of living.  The middle classes barely kept pace with inflation, and the poorest fifth of American families actually lost ground.”

Potter believes that his 20 years in the classroom has equipped him with the knowledge required to address the policy changes which have produced the alarming increase in inequality among American households.  “As a graduate student, I was mainly interested in the relationships between government decisions in the economy and the performance of financial markets which followed these decisions.  As a classroom teacher, it was part of my job to help my students understand the role of government policy making in the tremendous series of financial innovations that occurred over the last 30 years.  There was never a dull moment, as the New Deal regulations on banks and financial markets were repealed, one by one, resulting in a continuous stream of new securities like Collateralized Mortgage Obligations.”

The Dem-NPL state nominating convention is scheduled for March, 2012 in Grand Forks.

I think it's good news Democratic-NPL candidates are starting to make candidacy announcements.  I also agree with Potter that it's healthy to have contested races for the party's endorsement. It has toe potential to make candidates to talk about what they support and what they will do if elected.  It's good for accountability.

Comments (3)add comment

LoriAnn said:

Dr Potter
This man can count on my support n my vote !! Need more people like him in this "state" !smilies/grin.gif
October 25, 2011
Votes: +2

J. Danforth Puzzleton said:

Ere-whay is Eidi-hay?
If not now, when?
October 27, 2011
Votes: +0

Tracy Potter said:

campaign help
I suppose I could let Tom use my buttons and bumper stickers ...
October 27, 2011
Votes: +1

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