FROM John Blank
Dow Jones Impact in Los Angeles? The world is watching for the impact of history's first downgrading of the credit rating of the United States. How important is it? How worried should Americans be? The Dow Jones Industrial Average closed down 634 points today, a loss of 5.55 percent. The NASDAQ dropped 175 points, losing 6.9 percent. John Blank, Deputy Chief Economist for the Los Angeles County Economic Development Corporation, considers the impact in Southern California.
'Carmageddon' Didn't Happen, Should We Do This More Often? Maybe drivers in the capital of the car culture really do hate traffic after all. Threatened with " Carmageddon " this weekend, massive numbers stayed off the road. While they were gone, half the Mullholland Drive bridge was taken down --17 hours ahead of schedule--by a contractor who knew what it was doing. After all, Kiewit built the bridge in the first place.
Trump, the GOP and the rule of law Conservatives — and some Republicans — are criticizing the President for "the mess he made" in firing FBI Director James Comey. We hear about a potential successor, the possibility of "obstruction of justice" and the constitutional separation of powers.
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.
The free-flowing leaks in the Trump White House President Obama tried to clamp down on leakers, but the Trump Administration is besieged almost as never before. Are the "anonymous sources" partisans or worried professionals? Are they endangering the republic or performing a public service?