That IOU is progaganda by the Democrats that attempts to blame the financial crisis in Calif. totally on Rebpublican.
The root cause of the crisis has been DECADES of Democratic control of the Calif. state governemt (legislative and executive.)
The is the same thing the Democrats are doing nationally. It was Democrats housing market/loan policies that are the root cause of our curret national economic crisis. So who do the Democrats turn around and blame? Bush and the Republicans.
Thanks for posting that image and being part of the Demcorat propaganda machine.