E-MAIL THIS LINK
To: 

Tycoon with more money than brains offers help to debt-laden California
The state is in for a rough ride, with spending cuts and tax increases expected over Mr Brown's term. But help may be at hand from Nicolas Berggruen, the so-called "homeless billionaire", who has assembled a small group of economic lightweights business and political heavyweights -- including Condoleezza Rice, former California governor Gray Davis and Google's Eric Schmidt -- to formulate proposals to reform the state's tax and revenue base.
I guess they may have another year before they have to learn Spanish.
No doubt they'll come up with a detailed list of eminently workable proposals, which will be ignored by the politicians as dangerously disturbing the status quo ante.

Posted by: gorb 2011-01-07
http://www.rantburg.com/poparticle.php?ID=313401