"Banking has been on payment rails that are old and traditional," Don Morgan said on this episode of Plain Talk. "They were built in 1970. They're antiquated."

Morgan is the president of the Bank of North Dakota, which recently announced a new blockchain currency called the Roughrider Coin — a "stablecoin," in the parlance of the industry. He came on the show to talk about how that will serve the interests of North Dakotans.

The answer? It won't. Not directly. At least not at first. As Morgan's analogy about "rails" makes clear, the best way to think about this new currency is as infrastructure. This is a "blockchain-enabled transaction framework," Morgan said.

Right now, when you make an online payment, or you swipe your debit card at the grocery story, your transaction is processed through a lot of computers that ensure that you're nor using a stolen car, or that you have enough available credit or account balance to cover the transaction. But this process can be slow, and expensive both for the businesses accepting the payments and their customers making them.

Banks in our region will have the Roughrider Coin available to innovate when it comes to those sort of transactions. They'll be able to "begin to build a blockchain enabled digital transaction framework for banking," which would be the "first of its kind." The potential applications are numerous. Another example Morgan referenced was using the Roughrider coin as an on and off ramp for international currencies. North Dakota agriculture businesses frequently operate in various international markets, and navigating the various foreign currencies can be difficult.

This coin could make it easier.

Morgan also talked about North Dakota's new program aimed at helping furloughed federal workers and military workers through the government shutdown. The idea was implemented by the state Industrial Commission, which oversees the Bank of North Dakota, and it will facilitate 2% loans to furloughed workers for up to 90 days worth of their pay.

"These are North Dakota residents living next to you," Morgan said, arguing that it's right for the state to step in and help smooth out any disruptions to their lives.

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"We've just made it so complex that the average consumer will never understand it."

That's what Chris Jones said on this episode of Plain Talk, referring to the way Americans access and pay for health care.

Jones is the former head of the North Dakota Department of Health and Human Services, having served in that role under Gov. Doug Burgum, and he's just finishing up a stint in President Donald Trump's administration where he's advised Secretary of Health Robert F. Kennedy and Centers for Medicare & Medicaid Services administrator Mehmet Oz. He argues that the maze of employer-provided benefits, government programs, premium subsidies, insurance companies, health care companies, and pharmacy companies that Americans must navigate when they're sick or injured just isn't working.

"The system is broken," he says, and argues that the root problem for all of this is the cost of care. "It's the price, not the financing mechanisms."

What can be done to bring down prices? Transparency is one thing. Americans often have no idea what their care will cost them until they get a bill in the mail, and thanks to the fact that most Americans see their coverage by a third party (an employer-provided insurance policy, or a government program) they have little incentive to find out.

Jones also weighed in on the tug of war between Republicans and Democrats over health care during the ongoing government shutdown. He said that claims from Democrats that "nursing homes are going to close, benefits are being cut for kids and individuals with disabilities" culdn't be "further from the truth."

He also supported new work requirements for Medicaid recipients scheduled to begin in 2029. These rules require enrollees between 19 and 64 to work, volunteer, or participate in a qualifying activity for at least 80 hours per month. Jones pointed out that we already have work requirements in place for programs like food stamps and welfare.

"What I can't understand, morally, is why we think it's okay to work 20 hours a week for food and basic assistance that you need every single day, but to have you work the same amount of time for something you may never use, and that being cruel and unusual, I just can't reconcile in my brain," he said.

Also on this episode, co-host Chad Oban and I discussed Superintendent Kirsten Baesler's appointment to a position in the Trump administration and Gov. Kelly Armstrong's announced bridge loan program for furloughed workers.

If you want to participate in Plain Talk, just give us a call or text at 701-587-3141. It’s super easy — leave your message, tell us your name and where you’re from, and we might feature it on an upcoming episode. To subscribe to Plain Talk, search for the show wherever you get your podcasts or use one of the links below.

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After a federal judge imposed a new district map on the State of North Dakota, former Sen. Judy Estenson lost her seat in the state legislature.

That's unfair, she argued in a recent letter to the editor of the Minot Daily News, and on this episode of Plain Talk.

"I am deeply frustrated that a judge's decision could undo the will of the voters who elected me in 2022," Estenson said. "I am angry that a midcycle court order forced me from from office, deprived district 15 of its chosen senator, and reship district 9 in a way that made it nearly impossible for me or any Republican to win."

Co-host Chad Oban rebutted that last claim from Estenson, pointing out that a Republican who ran with Estenson almost did win in the last election, even after redistricting, but the former Senator is correct that legal wrangling over North Dakota's district map has created headaches. The legal fight is still ongoing, too, making the map for the upcoming 2026 election something less than certain.

Estenson, an outspoken supporter of President Donald Trump wand whose family is involved in ranching, also commented on the impact tariffs are having on production agriculture. As many as "20 to 30% of small farmers could go out of business and not be able to continue," Estenson, a former candidate for Agriculture Commissioner, told us.

While she says she supports Trump's efforts to address "unfair trade practices," she's not certain what the future holds. "I don't think anyone really knows what the end result will be of all these tariffs. I certainly don't."

Also on this episode, Oban and I discuss the absurd call on newly-appointed Rep. Dustin McNally to resign from his seat in District 42, the potential impact of data centers on power rates, and outlook for the Yankees and the Dodgers in the post season.

If you want to participate in Plain Talk, just give us a call or text at 701-587-3141. It’s super easy — leave your message, tell us your name and where you’re from, and we might feature it on an upcoming episode. To subscribe to Plain Talk, search for the show wherever you get your podcasts or use one of the links below.

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Steve Forbes, the editor-in-chief of Forbes Media, the host of the "What's Ahead" podcast, and a two-time U.S. Presidential candidate is speaking at North Dakota State University later this month as part of the Challey Institute's Menard Family Distinguished Speaker Series.

He dropped by Plain Talk ahead of that speech to talk about some of the economic issues pressing on North Dakotans. Specifically, tariffs, which haven't just made selling crops and livestock harder for farmers and ranchers, but has also driven up their costs.

"Tariff is another word for tax, and when you impose a tax you are imposing a barrier of sorts between buyer, seller, producer and consumer," Forbes said. He argues that sweeping and uncertain tariffs, that can change wildly day-to-day based on the whims of President Donald Trump, are slowing down the economy.

He also thinks they're illegal. "Tariffs, because they're taxes, have to go through Congress, and most of those haven't gone through that kind of process," he said, adding that he hopes the U.S. Supreme Court will strike them down. But even setting aside they're legality, the tariffs aren't something Republicans should be supporting, Forbes said.

"Republicans should not be in favor of tax increases," he told us.

Forbes also criticized what he described as "weak dollar" currency policies from the Trump administration — "great countries don't trash their money," he said — and called for a "stable, strong dollar" which will lead to lower interest rates and prevent inflation.

Forbes will be espeaking at NDSU on October 23 at 5:30pm. Click here for more information on how to attend in-person or virtually.

If you want to participate in Plain Talk, just give us a call or text at 701-587-3141. It’s super easy — leave your message, tell us your name and where you’re from, and we might feature it on an upcoming episode. To subscribe to Plain Talk, search for the show wherever you get your podcasts or use one of the links below.

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With Rob out for his daughter’s wedding, Chad Oban hosts alongside longtime ad man and GOP strategist Pat Finken for a discussion on the state’s transformation from a competitive two-party era to a durable GOP majority, what that’s meant for business, and the way national fights over climate and immigration filter down to North Dakota.

Then Justin Kringstad, Executive Director of the North Dakota Pipeline Authority, lays out the nuts and bolts of getting Bakken gas east. Kringstad details the phased schedule, explains the ship-or-pay realities that make pipelines “extremely risk averse,” and makes the case for domestic supply security. They also dig into data centers, value-added ag, and why early landowner outreach matters.

If you want to participate in Plain Talk, just give us a call or text at 701-587-3141. It’s super easy — leave your message, tell us your name and where you’re from, and we might feature it on an upcoming episode. To subscribe to Plain Talk, search for the show wherever you get your podcasts or use one of the links below.

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Guest host Chad Oban and co-host Pat Finken sit down with Governor Kelly Armstrong for a wide-ranging conversation on politics, policy, and free speech. Governor Armstrong explains why the cure for bad speech is always more speech, why government crackdowns are dangerous no matter who’s in charge, and how the real fight over information today doesn’t happen on late-night TV.

They also dig into the impact of North Dakota’s new cell phone ban in schools and the rollout of the recently passed $1,600 property tax credit. Governor Armstrong also outlines major energy and infrastructure priorities, including a west-to-east gas pipeline, new data centers, and how North Dakota can stay competitive for business.

In the second half, Chad and Pat dive into party mechanics, populists vs. traditional conservatives and read listener texts.

If you want to participate in Plain Talk, just give us a call or text at 701-587-3141. It’s super easy — leave your message, tell us your name and where you’re from, and we might feature it on an upcoming episode. To subscribe to Plain Talk, search for the show wherever you get your podcasts or use one of the links below.

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