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California Pays it's Bills with I.O.U.'s

posted July 9, 2009 - 12:17am
California Pays it's Bills with I.O.U.'s

California has run out of money and is paying it's bills with promissory notes. They even pay interest.
And eBay and Craigslist are getting in on the action as people think about selling them to raise cash.


Website: http://newsflavor.com/opinions/californias-debt-do...
Author: esurfer
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