Mayor Villaraigosa says he won't run for Governor. We look at the impact on next year's statewide contest. Plus, with credit agencies lowering California's ratings--where does the federal government get off refusing to guarantee state bonds? On our rebroadcast of today's To the Point, this weekend's deadly violence reduced the size of demonstrations on the streets of Tehran, but a few hundred did face tear gas and police batons again today. How serious is the threat to the ruling elite?
FROM THIS EPISODE
It appears that at least 20 demonstrators were killed Saturday on the streets of Iran in clashes with police and militias in civilian clothes. After a quieter Sunday, protesters were back on the streets of Tehran today.
Antonio Villagraigosa will be sworn in for his second term next month as Mayor of Los Angeles. On CNN today, Villagraigosa was asked if he’s planning to run for Governor. Recalling his family's history with the city and the challenges that face it, he told Wolf Blitzer he’ll remain as mayor until his term is over. What will that mean for Gavin Newsom and Jerry Brown?
Last week both Moody’s and Standard and Poor’s warned California that it’s in store for downgrades of its credit ratings, already the lowest of any state and approaching the junk-bond status. That’s led to a lot of California bashing. On top of that, Republicans and Democrats in Washington are condescending to the Golden State, and the Obama Administration refuses to guarantee state bonds. Joe Mathews, Irvine Senior Fellow at the New America Foundation, is a contributor to the Washington Post and Los Angeles Times.