Governor Arnold begins to describe the "absolutely terrible" cuts and pain ahead for CA...it's a good thing CA doesn't show us what other states will eventually do...or does it?
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http://finance.yahoo.com/tech-ticker/schwarzenegger-warns-of-%22terrible-cuts-absolutely-terrible-cuts%22-coming-in-california-483776.html?tickers=tlt,tbt,xlf,ncu,nvx,nkl,cev&sec=topStories&pos=6&asset=&ccode=