California IOU

- Date: July 1, 2009
- Location: Sacramento, California
- Fact 3: The Federal Government has threatened to seize control of various California state parks including Angel Island and Mount Diablo
- Fact 4: Arnold Schwarzenegger has declared a financial emergency and has ordered a shutdown of government offices three days a month.

California IOU

The state of California missed its budget deadline that would limit the $24 billion gap between spending and income and has been forced to begin paying vendors with IOU's. Los Angeles News.

California IOU News
- Requiem for the Dollar
  
  From that day to this, in the words of John Exter, Citibanker and monetary critic, a Federal Reserve "note" has been an "IOU nothing. ... (December 04, 2009)
  Wall Street Journal
- US taxman chases Schwarzenegger over alleged unpaid $80000 debt
  
  By Guy Adams He presides over a state that is billions of dollars in debt and recently began issuing IOU notes to creditors after its coffers ran dry. ... (November 27, 2009)
  Independent
- Understanding the US solar market
  
  California's solar market is divided into categories of 'Self-generation' and 'Investor owned utility (IOU) procurement', each of which has sub-categories ... (November 30, 2009)
  Business Times (subscription)
- Stalemate in Albany as State Nears Its Last Dollar
  
  But New York is by no means California, which has become the national measuring stick of statewide financial ruin. The state is not sending out iou's to ... (November 26, 2009)
  New York Times
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California IOU Blogs
- Buy My IOU – Sell Your Government IOU For CASH » CA IOU news
  
  CA IOU news. November 16th, 2009 Leave a comment Go to comments. A group of the biggest U.S. banks said they would stop accepting California's IOUs on Friday, adding pressure on the state to close its $26.3 billion annual budg... (November 16, 2009)
  buymyiou.com
- California's IOU Fever Is Likely To Spread To Other States – 24/7 ...
  
  There is no guarantee that the IOUs will be paid, particularly if any of the struggling states are forced into some form of receivership. California could lose access to critical suppliers that help maintain its infrastructur...
  247wallst.com
- How To Redeem California IOUs (Registered Warrants) » My Money Blog
  
  Back in July, the state of California started issuing what they called Registered Warrants, aka IOUs, to taxpayers, vendors, and local governments to whom they owed money. Due to a “cash-flow infusion” from JP Morgan Chase, .....
  mymoneyblog.com
- ATM to guy depositing California state IOU: "Come back without a ...
  
  CHASE, BANK OF AMERICA and most of the major banks and credit unions in ca have publicly stated that the states IOU is no good and will not be honored as legal tender. this happened the last time the state issued these I wond...
  boingboing.net
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Mahalo Answers for California IOU
- Eco Friendly Lighting bulb In california? 2 Answers
  
  Hello, Eco friendly lighting provides an actual reduction in total cost of lighting including the electrical utility cost attributable to lighting.so i would li... read more
- Does anyone here knows about ENEXIA RECORDING COMPANY? they said it was located somewhere in California? 3 Answers
  
  According to the site listed below, it was a real estate company that is now branching into the recording industry. They have a few artists listed that are par... read more
- Which state has the highest concentration of actors/actresses: California or New York? 2 Answers
  
  According to the Bureau of Labour Statistic it's Los Angeles at 0.310%, New York is 0.072%. If you are asking about states California is the leader with 0.104%,... read more
- Won't California IOU's lead to potential hyper-inflation? It is effectively a new currency, even tho it is not $; but not legal debt either. 1 Answer
  
  From the California web site Quote - - - What is a registered warrant? A registered warrant is a “promise to pay,” or an IOU, that is issued by the State whe... read more
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California IOU Links Powered by Google
- California's IOU Fever Is Likely To Spread To Other States – 24/7 ...
  
  California’s IOU Fever Is Likely To Spread To Other States – 24/7 Wall Street
  247wallst.com
- The Dreaded California IOU System Becomes A Reality – 24/7 Wall Street
  
  The Dreaded California IOU System Becomes A Reality – 24/7 Wall Street
  247wallst.com
- California I.O.U. for Tax Refund in 2009 » Right Pundits
  rightpundits.com
- Interest-Rate Payoff on California I.O.U.'s - The New York Times
  
  Interest-Rate Payoff on California I.O.U.'s - The New York Times
  nytimes.com
- California IOU's Bunch of Bull if you ask me - Beesource ...
  
  Beesource Beekeeping Forum - Index
  beesource.com
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