January 16, 2009
California Broke: Sorry, No Refunds
Someday, will state I.O.U.s become a second currency for Americans? (Remember, I.O.U.’s from the federal government are our currency now.) Food for thought, as California is stopping $3.7 billion of payments next month because it is stone- BROKE. California’s controller says he will begin a 30-day delay on tax refunds [...]
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