Arnold’s Terminator sequel: “Girly-Man III”

After another crushing ballot defeat, Arnold wouldn't even place at the Fitness America pageant

 LOS ANGELES — Gov. Arnold Schwarzenegger wanted to permanently fix California’s “broken budget system.” But three times now he has tried and failed to smooth out the state’s roller coaster revenues.

Voters on Tuesday resoundingly rejected his latest effort, a package of budget-balancing measures that he promised would provide a short-term patch for the current financial crisis and prevent further catastrophe in the future.

Instead, he now faces a $21.3 billion budget deficit and a budget system that has not changed a bit since he took office nearly six years ago.

“I think he’s discovered that this job is a lot harder than he anticipated in a state of economic downturn,” Treasurer Bill Lockyer said Tuesday of the governor who came into office in 2003 promising to “end the crazy deficit spending.”

The Republican governor faces another tough round of budget negotiations after months spent haggling with lawmakers to close the state’s first budget shortfall, which was initially $42 billion through June 2010.

Well it was a perfect political storm that turned Arnold into the Governator. And now with an economic tsunami threatening to blow California off the map, the only viable step remaining in Arnold’s political career might just be ambassador to Austria. Assuming they’ll take him.–BEREZ

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