Here is my latest published article about the California IOU's that the state of California is issuing to pay some of it's bills. This is a very ominous precedent that is being set by the Worlds 8th largest economy. This could lead to a downward spiral nationwide. Government links with FAQ's. If you live in California you'll want to read this and become informed.

http://hubpages.com/hub/How-do-California-IOUs-Work