IOU One More Piece of Paper Money

California has so degraded itself into a laughably Leftist socialist/commie-think nightmare that they have, as all socialist/commie-think countries always do, finally bankrupted itself. As Margaret Thatcher, erstwhile prime minister of England, once said, “The problem with socialism is that you eventually run out of other people’s money.” Hahaha! Exactly!

And now California has run out of money! Exactly!

Now, to demonstrate their complete worthlessness as thinking, rational beings, California has decided that it will not cut expenses overmuch, but will pay for things not with money, but with IOUs! Hahaha! IOUs! Hahahaha!

Richard Daughty, aka The Mogambo Guru, on California, debt, fiat currency and unemployment.