A California Drama without a Hollywood Ending

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?