As each day goes by, the efforts by the “Governator”, Arnold Schwarzengger to avoid the bankruptcy of California appear ever more to be ½ wishful-thinking, and ½ fraudulent accounting.Let's start with the basic reality: there is zero possibility of California surviving this bankruptcy crisis (by itself) without raising taxes to bring in more revenue. However, Schwarzenegger has already stated there is zero possibility of him signing any budget which contains tax increases.