California Economic Crisis

Report: California's Economy 'More Diverse And Resilient' Than That Of Greece

AP | By JUDY LIN | Posted 07.03.2011

Read More: Greece Debt, California Economy, California Economic Crisis, California Budget Crisis, Greece Debt Crisis, Los Angeles News

SACRAMENTO, Calif. -- California and Greece might share enviable weather and postcard-worthy beaches, but their fiscal problems aren't the same. That...

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California State Of Emergency Declared By Schwarzenegger Over $19 Billion Budget Gap

Reuters | Jim Christie | Posted 05.25.2011

Read More: California Budget Emergency, California Economic Emergency, California Emergency, Arnold Schwarzenegger, California Economic Crisis, Schwarzenegger Economic Emergency, Schwarzenegger Budget Emergency, California Economy, Schwarzenegger California Emergency, California Budget Crisis, Schwarzenegger California Economy, Schwarzenegger California Budget, Politics News

California Governor Arnold Schwarzenegger declared a state of emergency over the state's finances on Wednesday, raising pressure on lawmakers to negot...

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Arnold Schwarzenegger's Knife Play

Joseph A. Palermo | Posted 05.25.2011

Read More: California Economic Crisis, California, Budget Deal, Holmes Tuttle, Ronald Reagan, California Governor Arnold Schwarzenegger, Schwarzenegger's Knife-Wielding, Schwarzenegger Wields Knife, California Republicans, United Republicans of California, Arnold Schwarzenegger, California Budget Crisis, Republican Party, Nancy Reagan, Budget Standoff, George W. Bush, Barbara Boxer, Diane Feinstein, Nancy Pelosi, Politics News
Joseph A. Palermo

What's been playing out in California could be the stubborn last gasp of the "Republican Revolution." What began in California might have to end in California.

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The Republicans Win Big in California!

Joseph A. Palermo | Posted 05.25.2011

Read More: California Economic Crisis, California, Senator Darrell Steinberg, California Governor Arnold Schwarzenegger, Enron, Tea Baggers, California Republicans, Santa Barbara Oil Drilling, Arnold Schwarzenegger, Schwarzenegger, Budget Deal, Duke Energy, Grover Norquist, California Budget Crisis, Republican Party, Howard Jarvis, Budget Standoff, Reliant, Politics News
Joseph A. Palermo

Schwarzenegger and his horde of retrograde Republican lawmakers got everything they wanted in a horrific bargain with Democratic leaders that has ended California's budget impasse.

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Arnold Schwarzenegger: Compassionless Conservatism

Joseph A. Palermo | Posted 05.25.2011

Read More: Gop, California Economic Crisis, California Governor Arnold Schwarzenegger, Medi-Cal, Frank Mecca, In-Home Supportive Services, California Republicans, Arnold Schwarzenegger, Kinder and Gentler, California, Compassionate Conservatism, County Welfare Directors Association, Sacramento Bee, Calworks, Schwarzenegger, California Budget Crisis, Republican Party, Budget Standoff, Ihhs, Politics News
Joseph A. Palermo

Schwarzenegger's heartlessness towards the state's most vulnerable citizens in a time of economic collapse renders absurd the Republicans' attempts to paint their party as "kinder and gentler" or "compassionate."

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Arnold Schwarzenegger: Tea Bagging California

Joseph A. Palermo | Posted 05.25.2011

Read More: Governor Schwarzenegger, California Economic Crisis, California, California State Government, California Governor Arnold Schwarzenegger, Budget Cuts, New York Times Magazine, George W. Bush, Capitol, Sacramento, California Budget Crisis, Mark Leibovich, Politics News
Joseph A. Palermo

The California budget crisis continues to be a showdown between a recalcitrant Executive and a weak-kneed Legislature.

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Arnold Schwarzenegger: Sticking It to "America's Best"

Joseph A. Palermo | Posted 05.25.2011

Read More: Warren Thornton Youth Center, California Economic Crisis, California Governor Arnold Schwarzenegger, George W. Bush, General Douglas MacArthur, California, Governor Schwarzenegger, San Francisco Chronicle, California State Government, The Terminator, Los Angeles Times, Sacramento Bee, Schwarzenegger, Sacramento, California Budget Crisis, Capitol, Budget Cuts, Politics News
Joseph A. Palermo

Thanks to an economic crisis his good friend George W. Bush gave us, Schwarzenegger is launching a frontal assault against virtually all of the state's public sector institutions.

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