California’s I.O.U’s…each time under Republican Governors

July 12, 2009 at 12:17 pm | Posted in American politics | 1 Comment

Yes, in 2009, a Republican governs California to a point where the government has to give out IOUs to people they owe money.

Yes, in 1992, a Republican governs California to a point where the government has to give out IOUs to people they owe money.

Yes, in the Great Depression, a Republican governs California to a point where the government has to give out IOUs to people they owe money.

Notice a pattern? Notice a trend?

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  1. If only California adopted Sarah Palin Socialist’s Tax Policy for oil… (Dude, that was fun to say). Sarah raised the tax rate for non entrepreneurial oil extraction to 25% (Same as Texas). California just failed to raise it to 14%.

    Republicans claimed it will raise the price of oil (set in NY). Thanks Republicans for stiffing us in small business who get the IOU’s in favor of the moneyed aristocracy.


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