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Angelides Gubernatorial Campaign Launched

State Treasurer Phil Angelides launched his campaign to run for governor today in San Francisco. Angelides says he will challenge Governor Arnold Schwarzenegger because he could not — quote — “stand by and watch the promise of California wither away.” Angelides appeared with his wife, parents and three daughters as he announced his candidacy before a cheering crowd at the San Francisco elementary school his father attended as a child. Schwarzenegger has not yet announced whether he is running for re-election.