[Torie]

No, the numbers dictate that taxes must be raised, and raised substantially. There is no other way out of the box. Even if the right legislation is enacted (and much of it won't be except by initiative, and in the meantime, much of the spending is mandated by Constitutional requirement), it will take time to kick in. You see, California has no borrowing power left, and has looted all of the trust funds, and done all the deferrals of expenses until the next budget (that trick only works once), that it can. Next year's budget must really be balanced, no ifs, ands or buts. Period.

[chmst]

Hokay, what if California sells some of it's state held land? With no state regulations as to it's use? Maybe reduced taxes on any company that sets up shop there as well? The tree huggers would be up in arms but it could raise a lot of cash in a short time. If you are in debt you sell something, have a yard sale. Why should a state be any different?

[bybybill]

Two points: Unless there are pictures of Arnold with an unhappy goat, he`s in big time. He was a big winner in todays press conference

Everyone is missing the most important and adult thing he said which was that he was going to look at the books and then find out where to cut. He didn`t say that he was going to take a poll or ask his backers which really separates him from Grey Out.

Arie will be the next head of the California zoo. Take it to the bank.