Disclaimer: I have looked all over but there are too many solutions to the problem which did not work for me hence this post.
Developed a simple website using Rails 3.2.2 in development mode got all assets working fine. When I switched to use production (ie: rails server -e production), the assets breaks and I get the ActionController::RoutingError (No route matches [GET] "/stylesheets/application.css") error.
I haven't changed the production.rb file.
Thanks for helping this frustrated human being... :)