[Amerigomag]

6 PM UPDATE: Our friend Sac Bee columnist Dan Weintraub has a different spin on this, that the "Little Four" of Democratic and Republican legislative leaders are working on a package to present the governor. The Democratic version, since you insist, sans euphemism, of the reality coming out of last night's "Big Five" meeting with Arnold is that the governor has "punted" the issue back to the Legislature. A deal will happen when it happens. Nothing happened today. Don't wait up.

[goldstategop]

I wouldn't be surprised if it involved a legislative deal rather than something placed on the ballot. If something can be done before June, that would my preference. I don't see a bond happening because of election year politics. So if the "Little Four" come up with something that can get their caucuses to vote for it, the Governor will sign it. Still, it a long ways to get there.

(Denny Crane: "I Don't Want To Socialize With A Pinko Liberal Democrat Commie. Say What You Like About Republicans. We Stick To Our Convictions. Even When We Know We're Dead Wrong.")