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California to send IOU notes to creditors

California to send IOU notes to creditors

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http://www.mercurynews.com/breakingnews/ci_12744120?

Man, are those guys irresponsible. Hey, politicians! Show some guts for once and tell your constituents, flat out, that you need to cut spending or raise taxes or both.

I hope someone forecloses on them and builds a mega shopping mall in Yosemite National Park.*











* I'm kidding

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Originally posted by sh76
http://www.mercurynews.com/breakingnews/ci_12744120?

Man, are those guys irresponsible. Hey, politicians! Show some guts for once and tell your constituents, flat out, that you need to cut spending or raise taxes or both.

I hope someone forecloses on them and builds a mega shopping mall in Yosemite National Park.*











* I'm kidding
Why worry when Obama can just print the money to bail them out if need be? If they have not had the guts to do the right thing up until now what will motivate them to do so now? Heck, they turned the Terminator into a school girl. Arnold could handle the sophisticated death machines of the future but when it comes to statist environmentally challenged left winged wackos he is way in over his head. In fact, we all are. I almost prefer the sophisticated death machines of the future. At least I would feel as though I had a fighting chance.