There’s No Budget like California’s Budget…

Ethel Merman sang about how appealing show business is. She wouldn’t be singing about how good California’s budget situation is. There’s basically nothing to report. In theory, there will be negotiations tomorrow (October 1st), but I remain pessimistic. There’s no reason to think anything will be swell or that anything will come up roses. Governor Schwarzenegger wants pension reform, and that’s attack on Democrats’ core constituency (public employee unions).

Meanwhile, there’s no word about what legislation (if any) Governor Schwarzenegger signed today…the theoretical deadline for him to sign or veto legislation.

On a lighter note, here’s the late Ms. Merman singing her signature song:


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