Mayor Nutter announced Nov. 6 significant cuts to the City's budget. According to the Associated Press, Philadelphia is expecting a deficit of $108 million by the end of this year, and that number will likely increase to $1 billion over the next few years.
Now that Election Day has passed, millions of Americans find themselves either struggling to come to grips with the results of one of the most expensive and negative campaigns in history, or celebrating the outcome of a crowning achievement in American politics and culture.
The financial pages and the talk shows are full of people explaining the Great Crash of '08 to us. Unfortunately, they are mostly the people who talked us over the cliff in the first place, or argued that the cliff was never there. Meanwhile, the Bush administration - already a wholly owned subsidiary of Goldman Sachs, with Josh Bolten, the former Goldman executive, as White House chief of staff; Henry Paulson, Goldman's former CEO, as Treasury secretary; and a regular Goldman mafia as Paulson's underlings - has moved rapidly with the Great Bailout to protect the fortunes of the rich.
The people of Arizona, Florida and California voted to ban same-sex marriage in their states Nov. 4. California's Proposition 8 received the most attention because over 11,000 gay and lesbian couples were married there in the brief time that same-sex marriage was legal in the state.