Gov. Schwarzenegger will sign the California budget today after an 85 day stalemate brought about by the truculent blackmail of a minority Republican cabal. California state law requires a 2/3rds majority to pass the state budget. There is a growing revolt among California progressives to overturn this law which allows the minority so much power. The Courage Campaign is about to call for a Constitutional Convention next spring to overturn this law. They need support. If we are ever going to realize the benefits of the New Federalism, this is where we start.
If the Paulson manages to push through the Bank Bailout, the Federal budget deficit is going to cripple the kind of innovative government programs that can help transition our economy to an Energy Technology (ET)resurgence. California, where much of the innovation is being invented and financed, will need to be much more independent from the Federal Government in order to thrive.