I'm sorry, did you open up the OP by bragging about getting D's in your math class and dropping out of school in your sophomore year?
Anyway. I am not an expert in common core stuff, but I can tell you the motivation. The idea is that with the older math, you learn algorithms to do little problems (453 minus 299, 643 divided by 6, and so on and so forth), but understanding is limited. Kids learn the long division algorithm, but they don't actually get how it works; they know the steps by heart, but they don't understand the steps. The sense among educators is that knowing how to mechanically do long division isn't really useful in the real world, but having an intuitive sense of how numbers actually work is a much more innately valuable thing. So the problems might look kind of fluffy or weird, but the idea is to give students a good, strong, intuitive number sense.
Here's a link to a blog post with pictures making fun of Common Core math problems. I don't think all of them should be made fun of, though. Here's number 7, which I think sums everything up in a nice way:
The blog post makes fun of the language in this email, but actually the changes make sense. What the fuck is "borrowing", anyway? Walk into a math class in 1986 and you'll probably find that all of them can do a subtraction problem with borrowing, but if you ask them what borrowing is and why you're allowed to do it, you'll probably struggle to get a decent informative answer out of the bunch. By taking away the meaningless name "borrowing" and giving it a name that actually makes sense, you give students an idea of how subtraction actually works. Same with carrying. "Carrying" and "borrowing", in the old language, are two operations that are exactly opposite, but the words "carrying" and "borrowing" aren't related in English -- they should probably be called "borrowing" and "lending", but they're not. However, by calling one "regrouping ten ones as a ten" and the other "regrouping a ten as ten ones", their status as opposite operations is immediately clear. The example problem on the bottom has the same motivation. You can line up the two numbers and add the columns, but what does that all mean? By framing 62 + 26 as 60 plus 2 plus 20 plus 6 (which it is), you get a sense of
why lining the numbers up by the columns works like it does. Moreover, if you were going to subtract 26 from 62, you would understand that 62 is actually 60 + 2, and that you can subtract 10 from the 60 and add it to the 2 when the time comes for you to "borrow". And so on and so forth.
Here is a Wikipedia link summing up some of the responses to the Common Core standards initiative. You will see that many of them are positive, and some of the quantitative results (the stats for Kentucky dropouts) are actually very encouraging.