Plain Talk With Rob Port

402: Commerce Commissioner defends hiring "Mr. Wonderful"

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Sinopsis

Drawing capital to North Dakota has been a problem for our state since, well, statehood. Our economy is heavily dependent on commodity-driven industries - energy and agriculture. Generations of political leaders have tried to find a way to diversify, but not much has changed. Which would argue, I think, for some outside-the-box thinking. And that's what Commerce Commissioner Josh Teigen was doing when he invited Kevin O'Leary, the Shark Tank star also known as  Mr. Wonderful, to manage a $45 million investment fund for the state of North Dakota. On this episode of Plain Talk, Teigen talked about how that relationship came to be, and responded to criticism of the bidding process around it, as well as recent comments O'Leary made comparing Moorhead, Minnesota, to Cuba. "I think the comments are less about Fargo and Moorhead and more about North Dakota and Minnesota," Teigen said, also describing it as "more of a Bismarck versus St. Paul conversation." "We know the people in Moorhead aren't necessarily driving h