I don't understand why people could be upset with the banks for not accepting California IOU's. The state is already over $26 billion in the red and are continuing to go into further debt and attempting to pay that debt off with useless paper that they want banks to advance money on! California likes to crow about how it is one of the world's largest economies yet it can never seem to produce enough income on that gigantic economy to keep the state running...why would anyone want to live there?