Okay, to paraphrase the bible, here is Arnold Schwarzenegger's political future in a nut shell:
You enter by riding someone out on a rail, then you may very well be ridden out on your own rail.
The Republicans in California seem intent on tying themselves to a sinking ship (and taking the state down with them), rather than admit mismanagement (or lack of leadership, foresight, or any other reasonable excuse for their stubbornness) and allow everyone to get onto the lifeboats (to extend the metaphor).
The near extremist ideologue mentality that somehow interprets the career of Reagan as some seminal message that government must not raise taxes at all costs is a myth. Reagan raised taxes as Governor and President (http://www.dailyhowler.com/dh060804.shtml), and that fellow who campaigned after Reagan who expanded the "No Tax" myth of the invisble government:
Ooops...
So much for theory...
In practice Bush Jr's endless effort to manipulate an economic reality to demonstrate the magic of trickle down vodounomics has had precipitous results which are now as plain as the nose on your face my Dear Governor!
The definition of mental illness is when you attempt to get different results from the same methods without accepting, adjusting, adapting or improving that technique in the face of data set information gathered from past failures and consequences.
In my book, Metaeconomics, I premiss that the events of the fall 2008 have in my experience granted our generation a tremendous opportunity (within the context of major crisis) that of having proven in a non-laboratory environment that no pure theory of economics works all the time, in all economic conditions, and laws are amended to fashion and enhance illusions of mass perception (thus creating an appearance of function) within the macro economy (which is harder to provide contextual illusion to microeconomies for reasons not worth going into right here).
Governor, please stop this game of chicken, which is already set to effect thousands of children and millions of people adversely.
If the Republicans in congress are able to create a compromise that you then Veto, I would imagine the other aspect of our democracy could come into effect, much like it did for Gov. Davis, IMPEACHMENT!
You have a moral responsibility to end your governorship in a responsible manner, even if your political career my be over.