It’s one thing being the Terminator but it’s another thing being terminated.
California governor Arnold Schwarzenegger is joining the queue for the government’s newly-voted pot of $700bn because California is running out of money to pay its bills.
Presumably because the state has borrowed against various investments which have shrunk in value, leaving even the mighty bodybuilder short of a dollar or two.
Not so long ago people were saying that California, were it to revert to independence, a state it briefly enjoyed in the transition from Mexico to the US of A, would have been the richest country on earth.
But the credit crunch has caught us all out (Arnie’s a Republican by the way)