San Diego, CA - Arnold Swarznecro told the press today that California would not be issuing any more IOUs. All IOUs will now be paid in IOUIOUs. These special IOUIOU's are redemable in IOUIOUIOU's. In turn, the IOUIOUIOU's are redemable in IOUIOUIOUIOU's, which bear a picture of Arnold lifting 1,000 pound notes in each hand and are considered legal tender for all debts, public and private in California.
IOUIOUIOUIOU's will be issued as needed to meet payrolls around the state, fight fires, fix earthquake damage, repair hurricane damage, and deal with the large influx of imbeciles moving to California.
Only real quarters will be accepted on California toll roads.
"You think I'm stupid!??", Arnold yelled, as he revealed this final detail.
