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FROM THIS EPISODE

Governor Arnold Schwarzenegger has lost another round in his ongoing battle with his own Republican Party, the Democrats and the voters of California.  We look at yesterday’s crushing election results and the bleak future of a state with a deficit of $21 billion. Also, the credit card reform bill is "armed" and ready to go, and a possible key to human evolution rolled out like a Hollywood  movie. 


Banner image: (L to R) California Governor Arnold Schwarzenegger, President Barack Obama and Speaker of the House Nancy Pelosi (D-CA) depart the Oval Office of the White House after meeting about auto efficiency and emissions. Photo: Michael Reynolds-Pool/Getty Images

Producers:
Katie Cooper
Sonya Geis
Frances Anderton

Reporter's Notebook Big Media Scene Surrounds Discovery of Ida Primate Fossil 8 MIN, 58 SEC

A 47-million year old fossil described as "the missing link" is being revealed in a peer-reviewed, scientific article and as part of a coordinated book, film and TV deal including exclusive coverage by ABC News. In the ABC News studios today, viewers could see the fossil remains of a monkey-like creature. All of us will be seeing a lot more of it in days to come, as we hear from Tim Arango, media reporter for the New York Times.

Guests:
Tim Arango, New York Times (@tarangoNYT)

Making News House Likely to Pass Credit Card Bill…and Gun Law? 7 MIN, 24 SEC

Congress today took up the credit-card reform bill passed yesterday by the Senate 90-to-5. It includes permission for visitors to carry guns in national parks. The White House says President Obama will sign the bill with that amendment. Sudeep Reddy is economics reporter for the Wall Street Journal and blogger for Real Time Economics.

Guests:
Sudeep Reddy, Wall Street Journal (@Reddy)

Main Topic A California Drama without a Hollywood Ending 34 MIN, 4 SEC

Governor Arnold Schwarzenegger says he came "to fix what is broken in California." But his favorability rating has plunged into the low 30's and, after yesterday's election, all he can do is pick up the pieces. Five ballot measures suffered resounding defeat, leaving the state with a deficit of $21 billion -- larger than the entire budgets of most other states. The biggest state in the union now faces massive cutbacks in healthcare, education, prisons and other services.  Will Washington provide a bailout? Is the crisis due to a failure of leadership or the voters themselves? If California is "ungovernable," what does that mean for the rest of the country?

Guests:
Carla Marinucci, San Francisco Chronicle (@cmarinucci)
Kevin Starr, Professor of History, USC
Joe Mathews, Zocalo Public Square (@joemmathews)
Bruce Cain, University of California Washington Center
Bill Lockyer, California State Treasurer

Golden Dreams

Kevin Starr

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