A similar accounting by California's state government showed an unexpected windfall of about $4 billion, and it turns out to be the result mainly of Google employees cashing in their stock options.

Meanwhile, this morning's San Jose Mercury-News reports on a new study that reveals that when the high cost of housing in California is taken into account, California turns out to be the third-poorest state in the nation. Seems the Federal poverty standards deliberately exclude housing, the most variable component of cost of living. "Lies, damned lies, and statistics" indeed. (SJMN)

Any questions?