If you once thought it impossible to blow a 50 point lead in a gubernatorial race even though you had access to $68 million, [think again.]

Despite spending $68 million of her fortune on a half-year torrent of TV ads, billionaire former eBay CEO Meg Whitman’s once-robust lead over Insurance Commissioner Steve Poizner in the Republican race for governor has dwindled from 50 points to just nine points, according to a new statewide poll.

It’s no wonder CA is broke.