NEWARK ELECTS NEW MAYOR

Tuesday was election day in Newark. City Councilman Ras Baraka defeated Shavar Jeffries in the race to become the new mayor of the city. The seat was vacated last year when U.S. Senator Cory Booker won his new seat and had to give up being the mayor of Newark. Mayor Luis Quintana temporary held the seat, in between…

ANOTHER CREDIT AGENCY DOWNGRADES STATE

The debt problems in New Jersey caused their credit rating to take a hit. This time it was Moody’s downgrading the state one step, following the actions of Fitch and Standard and Poor’s. The latest issue was when the Christie administration admitted a $807 million shortfall in its budget. Senator Jeff Van Drew recently told…