Relevant:
- California To Resume IOUs
- California Students Protest 32% Tuition Hike; State Budget Gridlock II Coming; Massive Deficits In San Francisco
- JPMorgan to Lend California $1.5 Billion to End IOUs
- Facing Budget Gap, Schwarzenegger Urges Lawmakers to Bridge Divide
- Schwarzenegger to seek federal help for California budget
2008-12-05 — blogspot.com
"The grim news on the state front keeps piling up. I am confident that every state is in fiscal trouble so expect to see headlines like these for quite some time to come: California May Pay With IOUs for Second Time Since Depression."
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