• Font Size    
About this Blog
You could make an entire dictionary of words that describe our faltering economy: recession, foreclosure, stimulus, subprime, Dow, Madoff (people count, of course), bailout, and heck, be sure to throw in the names of half of the companies that make up the fabric of this country, including the mortgage companies that caused this mess. Despite boasting the eighth largest economy in the world, California faces the highest unemployment rate in the country. While many people are losing their jobs, they can certainly add "professional taxpayer" to their updated resumes as the state struggles to bridge a $42 billion deficit. Things are bad for many of us, and we want to give you a chance to voice your opinion on the issues we are covering in our "Riding Out the Recession" series, as well as the opportunity to share your ideas on ways to save money and even stimulate the economy. If we’re going to be hearing the atrocious above mentioned words for the next few years, I think it’s perfectly acceptable to have a place where you can let out your "Recession Aggression."
About the Author

Jenn McBride joined the CBS 2/KCAL 9 news team as a webcaster and online news producer in February 2006 after moving home to Southern California from New York City, where she graduated magna cum laude with an M.A. in journalism from New York University.


 More On Jenn
Apr 14, 2009 8:41 AM

Governor Buys Bronze Bear For Capitol

Posted by jenn_mcbride
Welcome to Cali-fornia, Mr. Grizzly!

It’s nice to know that a $42 billion state budget shortfall isn’t keeping Governor Schwarzenegger from pumping money back into the economy (even if he’s shopping in the wrong state). Apparently unsatisfied with the lack of décor at the state Capitol, the governor recently adorned the hallway outside his office with a 250-pound bronze statue of a grizzly bear.

 

The grizzly is the official animal of California, but unfortunately, it has been extinct since 1922. The bear is now immortalized, however, thanks to Schwarzenegger, who purchased the sculpture with his own money and even paid to ship the monster back to Sacramento. Before you criticize him for spending money on art during a recession, think of other state leaders such as State Controller John Chiang who planned to use millions of dollars in state money to refurbish the furniture in his office. I’d say the governor has the right to buy a ginormous animal statue with his own money, or anything else for that matter, if he so chooses.

 

My favorite part of this story is that Schwarzenegger apparently has a little Becky Bloomwood in him (for all you “Shopaholic” fans out there). Arnie was apparently taking a stroll down the street in Aspen, Colo., while on a fundraising trip when he spotted the figure and decided to buy it. Essentially, he was spending while he was supposed to be raising money. It’s almost laughable, but as long as the he keeps working to fix the budget, I’d like to be one of the first to welcome Mr. Grizzly to Cal-i-fornia.

 
Subscribe to this blog
Recession Aggression RSS Feed Subscribe to Recent RSS Updates
About this Blog
You could make an entire dictionary of words that describe our faltering economy: recession, foreclosure, stimulus, subprime, Dow, Madoff (people count, of course), bailout, and heck, be sure to throw in the names of half of the companies that make up the fabric of this country, including the mortgage companies that caused this mess. Despite boasting the eighth largest economy in the world, California faces the highest unemployment rate in the country. While many people are losing their jobs, they can certainly add "professional taxpayer" to their updated resumes as the state struggles to bridge a $42 billion deficit. Things are bad for many of us, and we want to give you a chance to voice your opinion on the issues we are covering in our "Riding Out the Recession" series, as well as the opportunity to share your ideas on ways to save money and even stimulate the economy. If we’re going to be hearing the atrocious above mentioned words for the next few years, I think it’s perfectly acceptable to have a place where you can let out your "Recession Aggression."
About the Author

Jenn McBride joined the CBS 2/KCAL 9 news team as a webcaster and online news producer in February 2006 after moving home to Southern California from New York City, where she graduated magna cum laude with an M.A. in journalism from New York University.


 More On Jenn
Advertisement
Search this Blog
Search
Calendar
«November 2009»
SMTWTFS
1234567
891011121314
15161718192021
22232425262728
293012345