(At least if you're not on Pacific Time) were California propositions 30, 32, and 36. I don't have time to give this the write-up it deserves, but the LA Times voting guide is a good starting point. The short version is this: under long odds (including the worst piece of vanity politics since Nader hung it up and a special cameo appearance from the Koch brothers) and by significant margins, the largest state in the union has just made a sharp turn to the left on taxes, education, unions and mass incarceration.
What's more, I suspect that the interest in these issues may have pumped up voter turn out and, as a result, helped Obama's popular vote totals. Add to that a potential supermajority in both houses.
None of this may be as interesting as genetically modified food and condoms for porn stars but it's a damned sight more important.
Fed Watch: FOMC Statement: Second Reaction
1 hour ago