California--the home state of one staffer here--is now issuing IOUs to to vendors and those taxpayers unlucky enough to be waiting for their income tax refunds. Some of you might recall that California used to be the nation's richest state--now, it's got the worst credit rating in the country thanks to a $24 billion deficit. Some blame goes to the governor and the state legislature, which can't seem to play competently (or nice). And some of the blame goes to Californians themselves, who never saw a tax cut proposition they didn't support.
You might be thinking, "Well I don't live in California. Good luck, suckers!" But you shouldn't. Not because it's bad manners, but because there are several other states--maybe even yours--that teeter on the brink of fiscal destruction, too.
Enjoy the weekend!