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August 09, 2009

California to Vendors: We Can Pay You With IOUs, You Still Have to Pay Us With Cash

It's a beautiful thing. The state runs out of cash and issues almost three quarters of a billion dollars in IOUs to suppliers. Yet they insist sales taxes due the state on those transactions must be paid with actual money.

via the Man-lesbian at The Hostages, who adds "That state would be better governed by blindfolded baby retarded howler monkeys."

It's not hyperbole if you're right.

digg this
posted by Dave In Texas at 09:27 PM

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