Will California send Schwarzenegger on quest for bail-out?

08/25/2003
Arnold Schwarzenegger could be the best thing to happen to California since Enron Corp.Also like Enron, he could be a problem for the rest of the US.Schwarzenegger, muscular star of action movies, is one of 135 candidates hoping to replace Gray Davis as California's governor in an Oct. 7 recall election.A bigger-than-life governor would complement the bigger-than-life scapegoat into which Davis has turned the energy business by association with Enron.California, with a fiscal deficit larger than the budgets of some states, is going broke. Reasons are many and complex. Large among them is the state's energy crisis of 2000 and 2001.California created the crisis. Through the 1990s, w...
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