2008-12-02sfgate.com

With time and money running out for California, Gov. Arnold Schwarzenegger declared a fiscal emergency today and called legislators into a new special session that won't end until they agree on a way to trim the state's $11.2 billion budget deficit.

Guess Arnie didn't get any TARP funds. Sorry, guv, you should convert Ka-lee-for-nee-ya to a bank holding company!



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