Arnoldbucks: IOUs for Californians

Get your own Arnoldbucks here: http://www.couragecampaign.org/Arnoldbucks

California faces financial "Armageddon," as Arnold Schwarzenegger bluntly stated a few weeks ago. And yet Arnold and his fellow Republicans are rejecting compromises by Democrats to rescue our state from a catastrophic budget crisis, unparalleled in the history of California.

Because of the ridiculous 2/3rds budget rule -- the super-majority required to pass a budget in the California state legislature -- and Arnold's failure to twist the arms of a small cabal of recalcitrant Republicans, Californians will be getting IOUs in the mail next week instead of financial aid checks or tax refunds.

Many Californians are so overwhelmed by this paralyzing crisis that they've just tuned it out. As a result, Arnold is not being held accountable for his failure to lead.

That's why we decided to try something a bit unorthodox -- raise awareness by using humor to highlight the absurdity of these IOU's, or what we like to call "Arnoldbucks."

Download your Arnoldbucks here and tell us what you'll do with them:

http://www.couragecampaign.org/Arnoldbucks

Category:

News & Politics

Tags:

• Arnold
• Schwarzenegger
• California
• budget
• crisis
• IOU
• Courage
• Campaign
• Arnoldbucks
• Democrats
• Republicans

[JaredHani]

Schwarzenegger has been known to sexually harass women on the set of his movies. It was a mistake electing the sperminator. He can't even say California.

[ComputerSleuth2]

Most people do not realize that our paper money - federal reserve notes - are, in fact, IOUs as well.

That's right - the twenty-dollar bill you have in your wallet is a "promise to pay". Backed by nothing!

[UsualMike]

This is hilarious. We should come up with a counterpart for the federal government, to describe the worthless IOUs that now fill the Social Security trust fund. Obamabucks, anyone?

[TheVikingWarrior09]

Hey... what a better way of getting your liberal message across by being an asshole to your everyday unsuspecting passing person. Go fuck yourself and keep on smoking that legalized medical marijuana.

[disturbed341]

Remember people the country was doing great when bill was prez than came along that moron bush and with the conservaturd congress and senate, thats what happens when you have conservaturds running the country. They care only for themselfs and their rich friends.

[kingofthepaupers]

Jct: What's funny is that when the banks closed shop in ireland, businesses started paying themselves with IOUs and it worked fine. So keep making fun of the only alternative to California tent cities. Har har har har. You deserve it.

[boneyfreak2004]

Difference is US notes are partially backed by bullion and the good will the the nation...Calibucks are back with in the red paper.

[ComputerSleuth2]

Will someone please explain the difference between Arnold Bucks and Federal Reserve Notes?

There is no difference !!

[bobloblaw2010]

Sovereign governments absolutely have the right to coin money - to create money out of nothing. Yes, if you print too much money you risk runaway inflation, but a moderate amount during a recession/ depression should help. Licoln financed part of the Civil War by creating greenbacks by act of congress.. this causedreal, but manageable, not runaway, inflation.

[doverlin]

I agree. It does not matter who controls the legislature. The legislature is responsible for presenting a balanced budget where hard choices must be made. No one wants to make hard choices. They would rather promise the moon and pass the problems onto the next guy . . . and it doesn't matter if they are Rep or Dem.