Tuesday, July 7, 2009

IOU

So the State of California legislature has decided, through their inaction, to issue IOU's to companies that the State does business with. These businesses don't have a choice in the matter, as the State has too much power.

Can these businesses pay their employees with IOU's? Can they pay their taxes with them? Uh, no. The companies are regulated by law, and unfortunately the State seems to be above the law. Actually, the State has gone farther, saying that there will be restrictions on redeeming these IOU's.

So, let me get this straight. The folks running the State of California don't do their jobs (again), so the State runs out of money. The State feels that it can issue something called an IOU in lieu of payment, and then attach whatever strings it likes to these phony instruments? Without any repercussions? Wow! It must be good to be all-powerful.

I looked up some synonyms for All-Powerful: autocratic, divine, almighty were just a few. This points to where I believe the problem lies.

Today, in California and many other Governmental areas, those in positions of power believe themselves to be above the law, a divinity of sorts. Their God complex is evident in so many of their actions. They live on a different plane than the rest of us, so are not subject to the laws that they, themselves, produce. We've seen many instances of this recently, and it appears to be a pandemic that is expanding wildly.

Until We, the people, regain control over our elected officials we will endure nothing even remotely akin to freedom, but rather serfdom. I believe that if the legislature is unable to meet their deadline for something as important as the State's budget (which they have an entire year to work on), then their positions should be vacated by law, and special elections held to replace them. It is only through such a drastic measure that we will get their attention.

An initiative perhaps?

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