Does the state of California owe you any money? If so, get it quick! If you wait too long, you may get a "registered warrant" instead of a check. That mysterious financial instrument will be issued to the state's vendors sometime in early spring after California runs out of money. It is in effect an I.O.U., a promise to pay should California ever get enough money to pay its debts. Here in reality, this is called fraud. Will vendors pay their creditors with "registered warrants?" Or their employees? Do you think Safeway will take "registered warrants?" Or Bank America? Or the utility company? If you or I wrote a "registered warrant," we would go to jail as check kiters. But law is for little people, not governments. The all-powerful government of California will kite as many checks as citizen-dopes will allow until, fed up with the on-going swindle, they storm Sacramento armed with pitchforks, torches, and shotguns and finally run the crook-politicians out of town and out of state. As the country falls deeper into the abyss of depression, you can expect more of the growing number of dead-broke states to follow California's example of kiting checks. Are you ready?
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