Monday, March 1, 2010
California has something new in common with Greece: citizens are taking to the streets to protest draconian budget cuts, which are the only thing keeping their government from default.
Governor Schwarzenegger imposed massive budget cuts last year to close a $60 billion deficit. But this year’s budget already has a new, $20 billion gap.
Arnold is playing hardball, hoping D.C. will cave and give him a bailout. In the meantime, the riots are turning hot and violent at UC Berkeley.
This article was posted: Monday, March 1, 2010 at 1:26 pm