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California runs out of money - will issue IOUs

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Uploaded by on Jan 27, 2009

RAMZPAUL asks IRS if they will accept IOUs.

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People & Blogs

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Standard YouTube License

  • likes, 2 dislikes

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Uploader Comments (ramzpaul)

  • Avs fan huh?  Me too.

  • Yeah... I was in Colorado when they won the Stanley Cup.

Top Comments

  • California is liberalism at it's conclusion, and THIS is what Obama wants for the rest of the US?? They need to try rounding up all those illegals in their sanctuary cities and their budget would drop 20%~~~!!!

  • Soviet Union RIP 1991

    USA RIP 2009

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All Comments (42)

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  • The IRS is scary

  • It's like calling in to Morgoth!....LMAO!!!

  • Your vids always make me laugh. I wish we could move to another planet. Very good Q here. Oklahoma sounds better than the metropolis pissholes, like CA, NY, FL, DC, at least. I have known so many extremely intelligent, competent, reliable, educated people who are unemployed, underemployed, or too moral to do the work that is out there. It's really astonishing to listen to some of the calls you make. Best to you.

  • I would like to say "Thank you" to California, for having your priorities in order.

    I received my IOU the other day, and though I am self employed and desperately need that money to buy food and put gas in my car, I am much relieved that you chose to spend it on Michael Jackson's memorial.

  • I didn't say that the Treasury didn't have wealth, I said that they didn't have any money. Many of us have "worth," but no money. California has "worth", but no money. That type of "worth" is the kind of "worth" that got us into this problem to begin with. Besides, the Federal Reserve is a private institution. To assume that we can just "combine" their assets with that of the Treasury is another problem that is sinking us fast.

  • ....That's from "The Federal Reserve" by the way...

  • .....And this...These warrants will not be subject to the normal, federal check-hold limits and therefore could be subject to extended holds.

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