California Debt

Discussion in 'Current Events' started by MuzzleBreak, Nov 11, 2011.

  1. MuzzleBreak

    MuzzleBreak New Member

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    Seemed like California was sending out IOUs last year for certain payments. Haven't heard any news--are they just receiving under-the -table (and hidden by the MSM) Federal funds, or has something happened that improved the State's finances?
     
  2. cjm2003ca

    cjm2003ca Active Member

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    iou s are just a political trick between the treasurer and the governor playing games..happens every year..you can take them to the bank and they still cash them like a check...but makes us look like idiots in the press...
     

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