california’s problems are:
1. illegals’ schooling and health care.
2. city, county and state unions. their salaries and pensions are too expensive.
I got my car registration papers Thursday. It is three months early. I think they are trying to get people to pay earlier then normal.
This is only a temporary fix since if I pay now, they will have less in three months.
I have not decided if I will help them out or not After all it is not due until the end of September.
Shortly, a secondary market should develop for the IOU’s into which they can be sold for discounted cash price.
What will happen if people decide to PAY the state with IOUs? Will the IOU become the de facto currency in California?
There is (or was for many years) an oil well in Beverly Hills. It is on the grounds of the Beverly Hills High Scool. If an oil well can exist in Beverly Hills, why can they not work off the coast of California. Open up the coast and we solve two problems. More money for the state, and more energy for the nation.
One of the largest industry in the state of California is farming. What is the state doing to encourage this industry? Nothing, in fact they are attempting to destroy it in the name of the environment. They want to shut off the flow of water to the central valley because some fish somewhere may be harmed.
Once again, environmentalist put aninmals before people. When will we have had enough of this stuff and say stop it.
Maybe when we do not have enough food to feed ourselves let alone the rest of the world.
They are printing their own version of currency in lieu of distributing US currency. AKA COUNTERFEITING!
Does this business gal charge sales tax, or pay other taxes to the state on a monthly basis? Well then she should remit IOU’s, shouldn’t she. If all Kalifornia businesses/individuals began this practice, the criminals in Sacramento would find a budget deal soon enough.
California legislators and their pension plans and other government employees still get paid with real money. No IOU’s for them.
Looks like the prisons won’t get their milk and eggs. How sad.
For the dairy farmer, it’s simple.
Stop delivering. No payment, no goods.
I heard one person who supplies the California prison system wit food say that she can only do it (accept IOU”s and provide her services) as long as her line of creidt lasts which the bank recently cut until sometime next month. After that she is out of buisness. I think CA will find these IOU’s will fall very short and the state will stop functining very soon. Very bad idea folks.