Comments on: Bank of America to accept California IOUs http://blogs.reuters.com/commentaries/2009/07/02/bank-of-america-to-accept-california-ious/ Now raising intellectual capital Thu, 17 Nov 2016 11:34:36 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: S.M. TAHIR http://blogs.reuters.com/commentaries/2009/07/02/bank-of-america-to-accept-california-ious/comment-page-1/#comment-878 Mon, 13 Jul 2009 13:24:48 +0000 http://blogs.reuters.com/commentaries/?p=722#comment-878 Advise to the viewer to avoid additional charges by smart management of debts against credit card etc., and keeping their payments update. It would may be beneficial for both bank and customer.

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By: KingofthePaupers http://blogs.reuters.com/commentaries/2009/07/02/bank-of-america-to-accept-california-ious/comment-page-1/#comment-375 Sat, 04 Jul 2009 13:39:20 +0000 http://blogs.reuters.com/commentaries/?p=722#comment-375 Jct: There’s nothing wrong with small denomination California State IOUs if I or anyone else can pay their taxes with them. When Argentina’s government workers were faced with cuts, their unions talked 6 state governments into paying them with small-denomination state bonds which could be used to pay for state services and taxes and which everyone accepted as useful currency. Best of all, when the local currency is pegged to the Time Standard of Money (how many dollars per unskilled hour child labor) Hours earned locally can be intertraded with other timebanks globally! In 1999, I paid for 39/40 nights in Europe with an IOU for a night back in Canada worth 5 Hours.
U.N. Millennium Declaration UNILETS Resolution C6 to governments is for a time-based currency to restructure the global financial architecture. See my banking systems engineering analysis at http://youtube.com/kingofthepaupers
Too bad California State IOUs won’t be accepted in payment for state taxes and services like state bonds were in Argentina. Too bad California State IOUs will be denominated too big to use as local currency. Too bad Argentina people were smart enough to avoid the tent-cities catastrophe and California people are too stupid to follow their example.

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By: Non-Californian http://blogs.reuters.com/commentaries/2009/07/02/bank-of-america-to-accept-california-ious/comment-page-1/#comment-335 Thu, 02 Jul 2009 20:21:17 +0000 http://blogs.reuters.com/commentaries/?p=722#comment-335 If I were a CA bank, I’d take the IOU’s – at a 50% discount. Not too many, though. Couldn’t afford to lose too much.

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By: Liam http://blogs.reuters.com/commentaries/2009/07/02/bank-of-america-to-accept-california-ious/comment-page-1/#comment-329 Thu, 02 Jul 2009 19:00:02 +0000 http://blogs.reuters.com/commentaries/?p=722#comment-329 Will you take my warrant if i am NOT latino?

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By: Jesse Torres http://blogs.reuters.com/commentaries/2009/07/02/bank-of-america-to-accept-california-ious/comment-page-1/#comment-312 Thu, 02 Jul 2009 16:30:28 +0000 http://blogs.reuters.com/commentaries/?p=722#comment-312 As the oldest California bank owned, operated and serving the Latino communities of Los Angeles and Santa Ana, Pan American Bank decided yesterday to fully honor its customer’s presentation of warrants (IOUs). Pan American Bank for over 40 years has supported the working class Latino. We have a duty to meet the needs of our communities which have given us the opportunity to thrive for four decades.

Jesse Torres
President and CEO
Pan American Bank
3625 East First Street
Los Angeles, CA 90063
(323) 264-3310

http://www.earthtimes.org/articles/show/ los-angeles-bank-to-honor-california-iou s,880116.shtml

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By: T Cunningham http://blogs.reuters.com/commentaries/2009/07/02/bank-of-america-to-accept-california-ious/comment-page-1/#comment-310 Thu, 02 Jul 2009 16:15:40 +0000 http://blogs.reuters.com/commentaries/?p=722#comment-310 …Perhaps Bank of America executives now consider a State IOU more sound than the {fractional} cash they create and pump into commerce?..

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