State Employees Continue to Be Paid - IOUs or Not

You might think that would the threat of no income in the coming weeks and months due to the IOUs that legislators and staffers would be frantically working on real solutions. I would be if my income was going to be cut off.

But here is how it works - really almost every year. We have no budget. Almost all employees belong to a Sacramento credit union which makes no-interest loans which equal their salary - because they know that sooner or later the money will be there. By providing this service the credit union has a captive (and happy) membership.

So if you are thinking that cow tails and dog reproduction will now be traded for work on significant California problems, dream on. While many of us have taken pay cuts, are "really" furloughed or have lost our jobs, the legislators and staffers have none of those concerns.

The only incentive they have to address this mess is that it could interfere with their break from July 17 to August 17.