There are many economists,politicians, and journalists that think they have a miraculous way to makebailouts work. Thus far, our government and Federal Reserve Bank have limitedthe bailout debate to who should get what money and how much. Yet,all this argument over how to best manipulate our economy is totally irrelevantif we don't recognize the fundamental problems our monetary policy creates inthe first place. You can have a house made of gold, but it will surelysink if your foundation rests on quicksand.

The La Times is reporting that Proposition 8 opponents are taking it to the wallets of its supporters.

More than a week after the passage of Proposition 8, activists opposed to the ban on gay marriage have shifted their protests to new arenas -- using boycotts to target businesses and individuals who contributed to the winning side.

The Contra Costa Times reports that the Governor supports open primaries as a way to force the two parties to work together better:

SACRAMENTO — Gov. Arnold Schwarzenegger likely will go to the end of his days in the Capitol frustrated by the unwillingness of the two major parties to work together, especially in times of crisis.

But he apparently is trying to plant the seeds of compromise for future governors, having led the successful redistricting ballot initiative, which he contends will make lawmakers more responsive to the needs of constituents.

From the Sacremento Bee:

One of the ironies of Arnold Schwarzenegger's time as governor of California is how he has failed to do some seemingly simple things – like balance the state budget – while at the same time tackling some of the most complex and arcane issues in government.

California's budget deficit could reach nearly $28 billion over the next two years unless drastic steps - including raising new taxes - are taken to stem the fiscal bleeding, the nonpartisan legislative analyst's office said Tuesday.

Calling it a "monumental problem," Legislative Analyst Mac Taylor said the state faces several challenges coming off a difficult budget year, with revenue continuing to falter this year and an economic recovery unlikely in the near future.

Analyst urges immediate action to stem state deficit

By Rebecca Kimitch, Staff Writer

On a day when the Legislative Analyst suggested raising the state income tax by 5 percent, one termed-out Republican lawmaker said his party may have no alternative than to support tax hikes.

California's gay chickens were shocked with mix emotionslast Tuesday in California. Early in thenight, gay chickens all over the state were ecstatic as the results came inover Proposition2, which would require that California's farmers allow chickens the rightto a comfortable living space.

Last Tuesday, California'svoters passed a constitutional amendment stripping the ability of gay personsto enter into a marriage contract. The final ballots have been tallied, but theheated debate over gay marriage is far from over. There is an important underlying issuerelated to this proposition, and it concerns the right for two persons to enterinto a voluntary contract. This is an argument California courts will have to face withregard to Proposition 8's constitutional implications.

In Monty Python's "Monty Python and theHoly Grail", a group of angry peasants drags a young woman into thetown square and demands that she be burned at the stake because she is a witch.When the local authority questions their rationale, the villagers reply thatthey know their victim is a witch because "she looks like one." It islater revealed that the costume and disgustingly long nose that the"witch" apparently possesses were placed on her by the villa

Only days after Californian's agreed to shell out $40 billion for a high-speed rail program, Gov. Arnold Schwarzenegger announced a plan to hopefully put an end to the crippling state budget deficit.