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Sat, 11 Jul 2009

Would you take an IOU?

Major banks won't take California's IOU's starting today, even though there is 3.5% interest being paid. The IOU looks like a basic check and, some think, there's a good chance for fraud. The idiots in the Sacramento legislature and the governor -- another major idiot -- need to get their act together and compromise! I have said so before the still believe that they need to do their jobs even if they have to compromise the desires of the special interests which are backing them.

posted 08:05 [/Politics] permanent link

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