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California: The Haves and Have-Nots (paid in IOU vs paid in Cash)
Seeking Alpha ^ | 07/01/09 | Felix Salmon

Posted on 07/02/2009 1:14:19 AM PDT by TigerLikesRooster

People who get California IOUs People California pays in cash
Grants to aged, blind or disabled persons University of California
People needing temporary assistance for basic family needs Public Employees’ Retirement System
People in drug prevention, treatment, and recovery services Legislators, legislative employees, and appointees
Persons with developmental disablities Judges
People in mental health treatment Department of Corrections
Small Business Vendors Health Care Services payments to Institutional Providers


TOPICS: Business/Economy
KEYWORDS: budgetcrisis; california; iou
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To: Chode
And they should pay their taxes in ious too.

According to some pundit on the radio today, the state will not accept their own ious as payment of taxes. LOL!

21 posted on 07/02/2009 5:18:54 PM PDT by Churchillspirit
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To: ding_dong_daddy_from_dumas

Good one!


22 posted on 07/02/2009 5:19:49 PM PDT by Churchillspirit
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To: Churchillspirit
why am i not surprised... they KNOW they aren't any good!!!
23 posted on 07/02/2009 5:46:20 PM PDT by Chode (American Hedonist - Obama is basically Jim Jones with a teleprompter)
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