Stockton, CA – This city may be the first in California to declare bankruptcy. The city, in spite of cutting police, fire, and anything else it could think of, is still running in the red, and cannot make its bills. Why? Pensions and benefits for retirees have literally taken over the budget to the point [...]
Tag: "public sector unions"
For the first time in US history, a sitting governor survived a recall attempt. The Wisconsin recall magnified a microcosm of American society and highlighted the contentious mood of the national debate over jobs, budgets, and how to best trigger America’s economic recovery. The results in Wisconsin are especially revealing when examining the mood of [...]
Most of America is aware of what happened in Wisconsin. Governor Walker’s recall win was about balancing budgets and keeping care of the public treasury. Wisconsin is not the only place that happened last night. California voters also screamed out to unions “this far and no further”. In San Diego, voters approved by wide margin [...]
Check back regularly as the CDNews staff will be updating this page as results come in from Washington, Mississippi, Virginia, Kentucky and Ohio. (or just hit the reload/refresh button occasionally) Kentucky Steve Beshear (D) wins re-election bid as Governor – has more than 58% of the vote Kentucky Gov. Steve Beshear has been re-elected, becoming [...]