Last week, California Gov. Jerry Brown announced that for the first time in years, the state was projected to run a surplus starting next fiscal year.
Given what the state went through during the recession, few could have predicted this (although Bill McBride did).
So how'd they do it?
We dug in.
It's 2008. Cities are declaring bankruptcy.
Unions are demanding a recall vote on Gov. Schwarzenegger.
The state breaks its own record for failing to enact a budget.
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