“Small businesses that received $682 million in IOUs from the state say California expects them to pay taxes on the worthless scraps of paper, but refuses to accept its own IOUs to pay debts or taxes.”
So a bunch of them are suing the state government. The lead plaintiff in this one is a shirt manufacturer who got paid scrip for a product she provided… which she can’t use to pay the taxes on the sale. Which is interesting, because something like this happened to me in a dream, once. And then the burning llama in an asbestos night-shirt surfaced from the pool of liquid nitrogen and told me that I had been chosen to lead the forces of Goodness against Kenny G*.
In other words, put me down for finding this ‘breathtakingly stupid,’ too.
*No, I don’t have anything in particular against Kenny G. Somebody has to do it, and at least he doesn’t destroy hotel rooms while on tour.
Crossposted to RedState.