California, the world’s fifth largest economy is having a $38 billion deficit and the blame is on Governor Gray Davis. He was re-elected to office only last year, but there is a serious campaign to recall him. But finally it is all about money.
bq. “California voters back governor recall:”:http://cbs.marketwatch.com/news/story.asp?guid=%7B9E96FFBC-A917-46CC-9FE6-509EFF50FF63%7D&siteid=google&dist=google Still, being presented with considerations related to a recall effort appears to give voters pause. For instance, when informed that a recall effort could cost $25 million, the pro-recall majority evaporated.