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Gov. Arnold Schwarzenegger, who often utters fact-challenged pronouncements, told the simple truth about the state’s budget deficit just before the Legislature adopted billions of dollars in new taxes, spending cuts and loans to close the gap, to wit:

“Anyone that runs around, I think, and says that this can be done without raising taxes, I think has not really looked at it carefully to understand this budget or has a math problem and has to get back, as I said, and take Math 101.”

Given the hyperventilation we’ve seen in the last few days, this state must have lots of innumerate people.

Governor Schwarzenegger replaced former Democrat Governor Gray Davis via recall because of his California budget failures and increasing tax burden. Arnold has done little over the past six years except bloviate about post-partisan politics, global warming and accept every increase in spending the California Legislature delivers to him. The Governator has failed.

California needs fiscal leadership and budget reform with a specific plan – not pandering.

California Insurance Commissioner Steve Poizner and former e-Bay CEO Meg Whiman, both Republican candidates for Governor should direct their energies towards solving California’s problems and leave the political hyperbolic pandering to John and Ken. Both bloviated at this weekend’s California Republican Party convention in Sacramento.

Two wealthy Silicon Valley titans courted support for their 2010 gubernatorial campaigns Saturday before riled-up party activists angry over taxes, fed up with Gov. Arnold Schwarzenegger and distrustful of moderate candidates.

So state Insurance Commissioner Steve Poizner promised at a news conference that he would never raise taxes as governor.

And former eBay CEO Meg Whitman carefully explained to more than 900 state party delegates why she registered as a decline-to-state voter from 1998 to 2007 before re-registering as Republican.

She also apologized for “failing to vote on a number of occasions,” including in the 2003 recall election of Democratic Gov. Gray Davis.

“They have things to prove to party activists,” said Republican political consultant Dave Gilliard of the top two GOP contenders to replace Schwarzenegger. “They have to give some red meat to demonstrate their commitment to Republican principles. Taxes will be the litmus test.”

Time for leadership instead of “RED MEAT.” Time for a plan not a website.

What is their excuse?

John and Sarah Connor should come back in time and terminate his California Governorship.

What a disaster Schwarzenegger has been – reminds Flap of his co-actor in Predator, Jesse Ventura – another political failure.

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Republican Gov. Arnold Schwarzenegger, head of his party in the Golden State, is taking a pass on the big spring GOP convention in Sacramento this weekend — where, let’s face it, the long knives are out for him — to meet with President Obama in the nation’s capital.

While the Republicans are railing against Schwarzenegger on taxes and considering censuring their own who voted for the state budget, Schwarzenegger sidesteps it all: He’s in Washington, D.C., for the National Governor’s Association get-together, meeting with Obama and other administration officials on climate change and key economic topics.

Arnold may was well suck up to Obama for his next political job because he could not be elected to dogcatcher in California.

Flap would be surprised if Arnold before the end of his term of office in 2010 doesn’t leave the Republican Party.

Schwarzenegger and GOP are NOT a good fit.

President Obama is putting the finishing touches on an ambitious first budget that seeks to cut the federal deficit in half over the next four years, primarily by raising taxes on business and the wealthy and by slashing spending on the wars in Iraq and Afghanistan, administration officials said.

In addition to tackling a deficit swollen by the $787 billion stimulus package and other efforts to ease the nation’s economic crisis, the budget blueprint will press aggressively for progress on the domestic agenda Obama outlined during the presidential campaign. This would include key changes to environmental policies and a major expansion of health coverage that Obama hopes to enact later this year.

Sounds like an economic prescription of the Jimmy Carter years – overregulation, taxation and more domestic, wasteful spending.

America knows the result of these policies – inflation and slow/negligible economic growth.

Wasn’t it called STAGFLATION?

Ventura County Supervisor and leader of a state anti-tax group is plotting a conservative challenge in the 2010 gubernatorial primary to deep-pocketed GOP moderates Meg Whitman and Steve Poizner.

In an interview, Peter Foy, state director for Americans for Prosperity, said the state party should have a strong conservative candidate and he may be just what it needs in the gubernatorial field.

“There’s no question we need some leadership up in Sacramento,” Foy said at Friday night reception hosted by the anti-tax group at the state Republican convention in Sacramento. “I am thinking about it.”

Foy, who has served on the Ventura board of supervisors since 2006, runs an insurance and employee benefits consulting business – Peter C. Foy and Associates – in Woodland Hills.

Foy can wish and then hope for a split vote between Meg Whitman, Steve Poizner and Tom Campbell to win the GOP Governor’s Primary Election in June 2010.

But…….

Foy’s name recognition statewide is zero and he is NOT a billionaire like Whitman and Poizner. So, despite his position on conservative issues, his chance to win is not very likely.

Are Hope and Change enough?

No, and with the stock markets continuing to crash and unemployment rising after the passage of the Democrat/Obama Economic Stimulus Plan who will Obama be able to blame?

Rick Santelli?

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