tag:blogger.com,1999:blog-20377909.post4701670031993706723..comments2024-02-26T08:05:58.174-08:00Comments on ECONOMICROT: Major Banks to Reject California IOU'sRandyhttp://www.blogger.com/profile/09221346085089343469noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-20377909.post-47841425130277823382009-07-10T19:33:39.912-07:002009-07-10T19:33:39.912-07:00http://www.badlandsjournal.com/2009-07-09/007312
...http://www.badlandsjournal.com/2009-07-09/007312<br /><br />Check it out.jerryhttp://eye-on-washington.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-29650248388517253562009-07-10T14:37:32.530-07:002009-07-10T14:37:32.530-07:00Hi Randy,
Welcome back. This is the first I have ...Hi Randy,<br /><br />Welcome back. This is the first I have checked in a few weeks.<br /><br />I understand that there are pawn-shark-type investors willing to buy the California IOUs for 80 cents on the dollar. This theft upon the working American desperate to make payroll, and bills are taking a hit. This must be Arnold's way of killing the worth of the middle class business owner and others. <br /><br />California is the 8th largest economy in the world and Arnold cannot pay his bills? Then why is it that North Dakota has a $62M surplus in their budget? It is because N.D. has their own state bank called the State Bank of North Dakota. All state revenues go into this bank and are then loaned out for various projects at varying rates depending on the origin of the projects. They have been operating since 1919. Check it out on www.webofdebt.com<br /><br />jerryjerryhttp://eye-on-washington.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-28495176554902429052009-07-10T05:20:31.400-07:002009-07-10T05:20:31.400-07:00When California defaults the rest of the nation wi...When California defaults the rest of the nation will panic... sit back and watch... it will finally hit everyone how bad this all is... about the same time swine flu hits hard... about the same time the stock market plunges again... it is going to be ugly this fall. So glad you're back Randy!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-80747418581272277642009-07-09T20:58:49.578-07:002009-07-09T20:58:49.578-07:00Speaking as a California resident, I want it to ge...Speaking as a California resident, I want it to get ugly. <br /><br />Alright, disclaimer: I'm debt free and prepared... but nevertheless, let's stop this farce.<br /><br />For years California has been rolling over its debt, effectively borrowing on one credit card to pay off another. Let's face the dragon<br />and either live or die.<br /><br />Major, structural changes need to take place, and ...it's not more taxes.Anonymousnoreply@blogger.com