In a highly expected and not-at-all surprising announcement this week, Governor Schwarzenegger said he would NOT close 48 State Parks, shortfund schools, or release thousands of inmates from prison to balance the state’s budget.

Instead, he’s planning on borrowing money from investors that he hopes to pay back with future revenues from California’s lottery, which sounds like something you’d read in an email from the member of some royal Nigerian family.

Expect fees in some of the more popular parks to rise — but hey, at least you can still use them, right?

Via Two-Heel Drive.

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