The taboo of small, inconvenient and unknown local banks and credit unions will soon disappear with the rising trend of many Americans moving their savings out of large “Too Big to Fail” banks and into smaller community banks.
After six-weeks of blowout campaigning and record spending, California's historic gubernatorial recall effort culminated Tuesday as voters turned out en force to recall recently elected Gov. Gray Davis and replace him with action-movie star Arnold Schwarzenegger.
Arnold Schwarzenegger, now California's governor-elect, said a lot during his campaign without actually giving much information or any specific plans other than to say "Hasta la vista" to the car tax.
Californians have less than one month to decide whether they want to keep Gray Davis - the governor they elected less than a year ago - or vote for a recall and elect a new governor to office.
Of the 135 candidates for governor in California's unprecedented recall race, five can be viewed as viable opponents to replace current Gov. Gray Davis.