FROM Jeffrey Michael
As Reality of Bankruptcy Hits, Stockton Grapples with Hard Decisions The San Joaquin Valley City of Stockton got the very worst of the foreclosure crisis. Ten percent of Stockton's families lost their homes, business declined and tax revenues dried up. Monday, a federal judge ruled that Stockton was eligible for bankruptcy protection , and last night's city council meeting wasn't over until 2 o'clock this morning. San Bernardino, Compton, San Jose and Watsonville are all watching closely to see what happens to Stockton's pension obligations.
Stockton Files for Bankruptcy: Who's Next? Earlier this week, we heard that the City of Stockton was into mediation with creditors and public unions, but no agreement was reached in time to avoid bankruptcy. Last night, the City Council adopted what it called " a survival budget ," making Stockton the largest American city to seek protection from creditors and unions in US bankruptcy court.
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
Human Rights in the era of Donald Trump President Trump’s UN Ambassador, Nikki Haley, said today the US might pull out of the United Nations’ Human Rights Council. Serious violators of human rights are members of the Council itself–and a US resignation could make things worse. Later on today’s show, now that he’s into his second term, comedian turned US Senator Al Franken is telling jokes again.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.