http://www.consumerismcommentary.com/2009/07/13/california-ious-buying-selling-and-inherent-value/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://www.consumerismcommentary.com/2009/07/13/california-ious-buying-selling-and-inherent-value/#comment-195705 KingofthePaupers Wed, 15 Jul 2009 11:28:47 +0000 http://www.consumerismcommentary.com/?p=7131#comment-195705 Jct: There's nothing wrong with small denomination California State IOUs if anyone can pay their taxes with them. When Argentina"s government workers were faced with cuts, their unions talked 6 state governments into paying them with small-denomination state bonds which could be used to pay for state services and taxes by everyone. When the local currency is pegged to the Time Standard of Money (how many dollars per unskilled hour child labor) Hours earned locally can be intertraded with other timebanks globally! In 1999, I paid for 39/40 nights in Europe with an IOU for a night back in Canada worth 5 Hours. U.N. Millennium Declaration UNILETS Resolution C6 to governments is for a time-based currency to restructure the global financial architecture. Too bad California IOUs won"t be accepted in payment for state taxes and services like state bonds were in Argentina. Too bad California IOUs will be denominated too big to use as local currency. Too bad Argentina people were smart enough to avoid the tent-cities catastrophe and California people are too stupid to follow their example. See http://youtube.com/kingofthepaupers We now read that state lawmakers back bill to make IOUs legal tender!!! Great that Argentina people were smart enough to avoid the tent-cities catastrophe and California people are now going to follow their example. I'll take back every joke I ever made about Girlieman Governor Musclehead if he engineers the California state currency lifeboat. Jct: There’s nothing wrong with small denomination California State IOUs if anyone can pay their taxes with them. When Argentina”s government workers were faced with cuts, their unions talked 6 state governments into paying them with small-denomination state bonds which could be used to pay for state services and taxes by everyone.
When the local currency is pegged to the Time Standard of Money (how many dollars per unskilled hour child labor) Hours earned locally can be intertraded with other timebanks globally! In 1999, I paid for 39/40 nights in Europe with an IOU for a night back in Canada worth 5 Hours. U.N. Millennium Declaration UNILETS Resolution C6 to governments is for a time-based currency to restructure the global financial architecture.
Too bad California IOUs won”t be accepted in payment for state taxes and services like state bonds were in Argentina. Too bad California IOUs will be denominated too big to use as local currency. Too bad Argentina people were smart enough to avoid the tent-cities catastrophe and California people are too stupid to follow their example.
See http://youtube.com/kingofthepaupers
We now read that state lawmakers back bill to make IOUs legal tender!!!
Great that Argentina people were smart enough to avoid the tent-cities catastrophe and California people are now going to follow their example.
I’ll take back every joke I ever made about Girlieman Governor Musclehead if he engineers the California state currency lifeboat.

]]> http://www.consumerismcommentary.com/2009/07/13/california-ious-buying-selling-and-inherent-value/#comment-195701 Eric Wed, 15 Jul 2009 01:46:55 +0000 http://www.consumerismcommentary.com/?p=7131#comment-195701 Sigh, as a Californian, I only know this all too well. Sigh, as a Californian, I only know this all too well.

]]> http://www.consumerismcommentary.com/2009/07/13/california-ious-buying-selling-and-inherent-value/#comment-195672 Journey Mon, 13 Jul 2009 17:11:09 +0000 http://www.consumerismcommentary.com/?p=7131#comment-195672 IOUs are terrible. I hope California can get its act together ASAP! IOUs are terrible. I hope California can get its act together ASAP!

]]>