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Old 02-01-2009, 11:05 AM   #6
peaceandlove
Avalon Senior Member
 
Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
Default Is it time to bail out of the U.S.?

California Broke, please see article at:

http://projectavalon.net/forum/showthread.php?t=9995

Post #14

January 29, 2009

Excerpt:

California State Controller John Chiang announced on January 26 that California’s bills exceed its tax revenues and credit line and that the state is going to print its own money known as IOUs. The template is already designed.

Last edited by peaceandlove; 02-02-2009 at 10:58 PM.
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