SACRAMENTO, CA - According to banking officials here, Arny, The Terminator, Schwarzegreeder has recently paid abrupt visits to the heads of several banks. In these visits he holds fistfuls of IOUs. After yelling "Take this!" he says, "I'll be baak", and then heads to the next bank.
The strategy is working. California now is printing it's own money and it is being put into circulation. Most shocking, it is being accepted by banks, perhaps fearing the return of The Terminator.
New businesses are springing up that will "break" large IOU's into smaller IOU's in denominations of 10's, 20's, or 100's.
These are typically located near firms that specialize in cashing paychecks for a hefty fee.
The other 49 states have been quick to follow suit. The "IOU rush", as it is now known here, is spreading East at the speed of light.
Wall Street has created several synthetic instruments to trade these new securities strictly under the counter and away from Feral intervention.
This is expected to multiply the money in circulation by a factor of several billion by the year 2012, making the Feral Reserve obsolete.
Alaska is featuring the X governor's grandchildren on their new IOU paper. The motto on the new Alaskan paper says it is legal to use as toilet paper.
Palin had no comment as to why she was leaving office, but her trunk was reportedly stuffed with IOU's.
