SO I reverted back to 0.9.2.5 and got things working again. However, something I discovered is you need to not only DISABLE object cache but you need to REMOVE the object-cache.php file from /wp-content for CRON jobs to start working again.
I am still working on the new version but nothing seems to work. I have filed a bug that it must be de-activated for it to work. I also have a manual CRON job running every 5 mins now and that works when the new one is not activated. I will need to stay on 0.9.2.5 until they work out this bug.