"California In Crisis" with economic historian and author Webster Tarpley discussing his Draft Emergency Action Program For California. The budget crisis in California and most other states are signals that the United States and the world are sinking into an economic depression of awesome destructive power. He offers nine recommendations to head off looming disaster. We also discuss the London Intercontinental Exchange, the London ICE, and its role in commodity speculation; and the Obama Administration's anticipated handling of the health care crisis.