jitterbug
07-02-2009, 12:14 PM
A nice article in today's Press Democrat that discusses the potential benefits for a government in budget crisis to cover expenditures by making use of "registered warrants" (AKA IOUs) rather than cutting jobs and services.
CLOSE TO HOME: Turning state IOUs into real money | PressDemocrat.com | The Press Democrat | Santa Rosa, CA (https://www.pressdemocrat.com/apps/pbcs.dll/article?AID=%2F20090701%2FOPINION%2F907019874)
CLOSE TO HOME: Turning state IOUs into real money | PressDemocrat.com | The Press Democrat | Santa Rosa, CA (https://www.pressdemocrat.com/apps/pbcs.dll/article?AID=%2F20090701%2FOPINION%2F907019874)