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As deficit grows, Calif. prepares to issue IOUs

Let's hope those IOU's will be written on toilet paper so at least they will be good for something.

I don't care how California pays its bills or how it gets out of its predicament, but I hope other states don't end up having to bail out California. I see a huge surge of Californians heading to Utah - AGAIN.

Don't they have a Republican governor?

That state has been run into the ground by 25 years of democrat control, including that meathead govenor. Don't let facts stop you from usual slobbering.

Ummm guess what. Arnold is a Republican. Try again.

Want to see the future of the US? Take a long hard look at California. The same liberal policies that have sunk the once golden state are the center piece of Obama-nomics. SPEND SPEND SPEND!!!!!

California should just send everybody a stimulus check and increase spending x4. Obama did it and look how well that's going! Only 467,00 jobs lost in June. Yeah! Things are turning around now!

California is run by a 70% Democrat Legislature and a liberal Republican governor. Remember this when you go to the polls. I will take Utah Conservatives any day compared to the ULTRA Left clowns running California

Arnold signs the bills of a Liberal Democrat legislature. It has been controlled by liberals for 25 years. Arnold signs the bills because he's a weak, pathetic moderate Republican who lacks the sense to shut down the the insanity in Ca,. and stand up for the citizens he was elected to Govern. Please continue your regularly scheduled drooling privately.

The California legislature is borrowing money from Georgia banks to pay back those IOU's with Confederate Dollars.

Now that is a sign of good ol' yankee ingenuity; working together to solve common problems.

When government is bankrupt, its bankrupt. I don't agree with the IOU's either. They will just add to the losses and make things worse. For this kind of thing to happen is not a party issue, it was greed and a time process. It has taken years to accumulate their massive debts where all parties, democrats and republicans, were involved in the process. IOU's are what collapsed the financial industry and it will cause more damaged to hand them out.

The real crime has been the denial by all of government agency's to act and cut spending in time to avert its bankruptcy. The people are also as responsible for the problems, expecting too much from the state government.

Our Utah legislators and governments better take heed of what excessive welfare and social programing can do to a state. Our local governments are in denial if they don't act now and prepare for the worst. Forget economist, they don't have a clue, and use some common sense to do away with what is not necessary for government to operate. Anything of welfare must be eliminated and dissolve departments involved with it.

that California is going bankrupt? Seriously, with all the whacko liberals in droves can it ever be sustainable? Come on Liberals, I challenge you to refute this. Your bleeding-heart-whacky-social programs are bringing down the state financially. IOUs? Who wants an IOU from a bankrupt state? GO LIBERALS! I WANT TO MOVE TO YOUR BEAUTIFUL-WHACKED OUT STATE AND LIVE HAPPILY EVER AFTER WITH A HANDFUL OF IOUs YIPPEEE, CALIFORNIA HERE I COME!!!!