Reply #35: Thank you for the additional info

[Still Sensible]

One question though... since Enron basically went belly up, where would the money have come from even if the state managed to get a judgment in its favor? Did anyone that got screwed by Enron recover anything significant? If I recall correctly, Enron went bankrupt in 2001 and Arnold didn't become governor until fall, 2003. By the end of 2003, I don't think Enron had much in the way of assets left, did they?

I still contend that California's government by referendum--at least on some significant fiscal issues--puts a straitjacket on legislators and governors.