Sunday, May 17, 2009

Kalee-forn-ia - may slide into the ocean

Earthquakes are not the only things rocking California: California Reckoning - WSJ.com
We have some sympathy for Governor Arnold Schwarzenegger, who was elected to fix this mess six years ago. His original mistake was to accept a token bipartisan fix when he was most popular, and once the unions crushed his reform initiatives in 2005 he had little leverage over the Democrats who run the legislature. So he's now decided to settle for the lowest common denominator reform that both parties can agree to, which isn't nearly enough considering the magnitude of the state's fiscal and economic problems. (My emphasis)

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