Wednesday, July 8, 2009
68 and we'll owe you one
California banks soon will stop accepting IOUs.
Are you shocked? Where is the budget Arnold promised on several occasions?
People are even selling the script on Ebay and Craigslist, reports the LA Times.
Meanwhile, California continues to throw scares into bondholders...
California is in a serious Mayday situation. And Karen Bass decides to boycott. Wake up Bass Mouth, boycotting the budget meetings won't solve anything. Boycott your barber.
It has now been 50 days since California was due (overdue, actually) to turn over a budget but all we hear are owls... hooo hooo hooo....
Posted by jsm at 4:28 AM