July 24, 2003

The California recall election will be held Oct. 7. Candidates for Governor must announce by Aug. 9. Arnold can continue selling movie tickets on election speculation for another two weeks.

The catastrophe of incredibly irresponsible government continues to plague the state, with Standard & Poor's dropping the states bond rating to BBB -- near junk bond status and by far the lowest of any state. The upshot? The treasurers office guestimates that the rating downgrade will cost the state around $1 billion over a 30 year period.

It can't be to soon before we get ourselves a new governor.

Posted by Greg Ransom