Word: california
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Dates: during 2000-2009
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...financial crisis in California grew worse this week as state controller John Chiang warned that if legislators and Governor Arnold Schwarzenegger fail to come up with a budget-balancing package, he would begin paying California's bills with IOUs on July 2. The state has only done this once since the Great Depression...
What has brought California to such a perilous state? How did its government become so wildly dysfunctional? One obvious cause is the deep recession, which has caused tax revenues to plunge for all states. But California's woes have a set of deeper reasons: direct democracy run amok, timid governors, partisan gridlock and a flawed constitution have all contributed to budget chaos and people in pain. And at the root of California's misery lies Proposition 13, the antitax measure that ignited the Reagan Revolution and the conservative era. In Washington, the Reagan-Bush era is over. But in California...
...besieged TV-movie heroines and a volatile private life that was almost always public. Instead, she waged a fight for cancer awareness in the best and bravest way she knew how: with a two-hour ABC TV special, widely seen in May, that showed her at home, in a California hospital and in a German clinic, often supported by family members - her longtime beau Ryan O'Neal, their son Redmond - who had shared tabloid headlines with her. (See pictures of Farrah Fawcett's life...
...Little else about his finances was as clever. Blessed with the regular rewards from the Beatles' music and his own, Jackson started to spend. He paid $17 million in 1988 for the 2,800-acre (roughly 1,000 hectares) ranch in California that would become Neverland. Maintaining the theme park - complete with zoo, movie theater and fairground - swallowed up about $5 million annually. As Jackson gradually retreated from work, the additional millions eaten up by plane charters, antiques, lavish gifts and legal disputes - a child-molestation case in the early 1990s cost Jackson around $20 million to settle - left...
...California Governor Arnold Schwarzenegger (Schwarzenegger): We lost a great entertainer and a pop icon. My thoughts and prayers go out to Michael Jackson's family, friends and fans...