Schwarzenegger looks back on his seven years in Sacramento

California's outgoing governor, who replaced the recalled Gray Davis in 2003, defends his record but admits to errors that were key to his inability to fulfill the promise of ending the state's 'crazy deficit spending.'

Arnold Schwarzenegger, at the state Capitol in Sacramento, is about to finish his second and final term as California governor. (Rick Loomis / Los Angeles Times / January 2, 2011)