Wednesday, January 5, 2011
Hats off to new Gov. of California, Jerry Brown, who comes back to the same job he had 28 years ago. With an unimaginable deficit, however, it's not really the "same job," is it? Here's a rather downbeat look at his prospects to stem the tides of financial destruction facing California (and most other states). One might ask, is he 'worried,' or is he counting on his (formerly) rich Uncle Sam to bail him out? And, who, pray tell, bails out Uncle? His Asian friends? If so, for how long? These are the questions, dear reader, that must be grappled with this new year, 2011, and we think, for years to come.