When California life was good...
his is what life was like the last time California government had at least as much money in its coffers as it was spending on a daily basis: Sacramento Bee.
• The leading presidential campaign contribution collector in the Sacramento metro area was GOP contender Mitt Romney.
• Baseball slugger Barry Bonds was 26 days from setting the all-time home run record.
• "Harry Potter and the Order of the Phoenix" had just set a one-day box office record for a film opening in midweek.
• The Dow Jones industrial average was at 13,861.
It was July 12, 2007, and since then California has been living on borrowed money.
About The
Sausage Factory
Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.
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