In a closely watched vote of the California state Senate, a bill to issue the first $5.8 billion in bonds for the construction of high speed rail lines passed 21-16. It needed all 21 votes to pass.
|By: David Dayen Friday July 6, 2012 6:00 pm|
|By: David Dayen Friday July 6, 2012 7:34 am|
If you believe that America should have first-class infrastructure, if you believe in the benefits to productivity and reducing carbon emissions and creating an environment for economic growth in the nation’s largest state, if you believe that times of economic struggle are actually perfect moments for infrastructure improvements, while labor costs are relatively low, then tomorrow is an enormous test of that proposition.
|By: David Dayen Tuesday July 3, 2012 7:00 am|
Pressured by a coalition of activists and state Attorney General Kamala Harris, the California legislature completed a months-long project yesterday to significantly improve its foreclosure process. The measure gives homeowners a new right to sue over fraudulent practices, ends dual tracking – where servicers process foreclosures while negotiating loan modifications – and extends a single point of contact at all borrowers.
|By: Scarecrow Tuesday July 5, 2011 3:03 pm|
David Brooks is disgusted at the Tea-GOP Zombies. In another bridge-burning column, he calls out the Tea-GOP Zombies for being not only ideological zealots “unable to accept compromise,” but also anti-intellectual morons having “no sense of moral decency.”
But before you cheer Brooks’ acknowledgement of what the rest of the planet realized long ago, consider what it is Brooks believes is morally indefensible versus what is reasonable and wise.