Get ready for the IOU market
– Agnes T. Crane is a Reuters columnist. The views expressed are her own –
Let the trading begin.
California will be mailing out its first batch of IOUs today after the state’s stalemate over how to close the more than $24 billion hole in the budget leaves it with insufficient funds.
The IOU market could swell to [...]










So... because the Internet exists, so does the security censoring software tools required to censor the porn and malicious code... therefore, the Internet shouldn't have been built.... right? It's all our (the West's ) fault. What a ridiculous article. Anybody with a brain knows that with great power comes great responsibility -- just ask Spiderman. The real issue here is the cowardly Chinese government who can't be faced with their own corruption and power-hungry dweebs, so they do whatever they can to "save face" and stop any possible route for political progress or taking responsibility. The "porn" blocking is merely a front they hoped the rest of the world would accept as reasonable -- that's why they stole the code -- they didn't write that part, they wrote the part which spies on their own people in order to squash anything threatening their comfortable nation-robbing lifestyles.




4:55 pm EDT