[annalex]

People who get California IOUs	People California pays in cash
Grants to aged, blind or disabled persons	University of California
People needing temporary assistance for basic family needs	Public Employees’ Retirement System
People in drug prevention, treatment, and recovery services	Legislators, legislative employees, and appointees
Persons with developmental disablities	Judges
People in mental health treatment	Department of Corrections
Small Business Vendors	Health Care Services payments to Institutional Providers

Figure it out yet?  The people who most need cash get IOUs, while the people who could stand to operate on credit get cash.  I guess this is also “responsible”.

[AFPhys]

Your chart of who get cash and who gets IOUs is very troubling. Thanks.

I notice that Bank of America “took the lead” in saying they would accept these IOUs. I wonder if there is any relationship of this willingness to their decision two or three years ago to grant credit cards to people who are illegals and had no way to prove income, etc...