and the other is coming out inaccurate on the predictions you make of a complex global flow of capital all over the world. martha: they counted on a whole lot of revenue that didn't come into the coffers basically and we're joined by stuart varney, anchor of varney & company. very fired up governor jerry brown there. what went wrong in california, stuart? >> he delivered a huge shock when he raised the decifit estimate from $9 billion, to $16 billion. bottom line martha is governor brown's policy and polices his predecessors have flat out failed, they've consistently raised taxes to try to bring in more revenue, the extra revenue didn't appear, they have massive decifits, and in the process of raising taxes, they pushed individuals, lots of middle class people, and businesses, out of the state. those productive people no longer pay taxes in that state. so down go the revenues. up goes the decifit. and you know, martha, it is the people of california who
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