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California Taxpayers Due Refunds May Get IOUs

This may be spreading to other states. File early.

If you expect you'll be getting a refund from California when you file your 2008 state income tax return, be prepared: you may instead receive a "registered warrant." Translation: an IOU.

http://www.msnbc.msn.com/id/28448852/

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Is there a more unjust place

Is there a more unjust place on this entire planet than the state of California? If I was living there, I would be furious.

http://federalfallacy.com

An IOU for an IOU that is reedemable for another IOU

Or could we call it what it is...A Default, and not the last one that's for sure!

So when is the IOU due to be

So when is the IOU due to be paid by? Ever? That sucks. I would riot over that alone. Haha!