Comments on: More you can and can’t do with your state IOUs

By: California budget woes continue |

California budget woes continue | — Sat, 11 Jul 2009 16:15:30 +0000

[...] don’t go trading those IOUs unless you’re registered to trade securities, says the Feds. Plus, three major banks stopped [...]

By: Allen Payton

Allen Payton — Fri, 10 Jul 2009 18:04:19 +0000

California’s own currency. How embarrassing. The Dems in Sacto need to get it that they won’t be able to balance the budget with any tax increases. Since that’s the starting point, the issue is where to cut. Why leave it up to just 5 individuals? Do your jobs, folks! And why isn’t the Governor using his blue pencil – the line item veto authority? Don’t hear anything about that.

By: Feds Rule California IOUs are “Securities” | Wood Chips

Feds Rule California IOUs are “Securities” | Wood Chips — Fri, 10 Jul 2009 16:18:59 +0000

[...] Link: More you can and can’t do with your state IOUs – Political Blotter – Politics in the Bay Are… [...]