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Subject: Barbara Boxer

Barbara Levy Boxer (born November 11, 1940) is an American Democratic politician and the current junior U.S. Senator from the State of California. Boxer was first elected to the U.S. Senate in 1992, becoming one of the first of two female Jewish senators, along with Dianne Feinstein.
With the convening of the 110th Congress, Boxer became the first female chair of the Environment and Public Works Committee and, following the resignation of Sen. Tim Johnson (D-South Dakota) from the post, she was also chosen as chair of the Select Committee on Ethics. This made her the only senator to preside over two committees at the same time. She holds the record for the most popular votes in a statewide contested election in California, having received 6,955,728 votes in her 2004 re-election over former Republican Secretary of State Bill Jones.
She currently holds the position of Chief Deputy Whip of the Democratic Majority. (Wikipedia Jan 2010)

State finance:

Banks accept California IOUs for deposit

Emperor Norton, typical California nut-case

On July 2, 2009, the Federal Reserve announced that it was aware that the State of California was issuing its own currency to pay its bills.

This, of course, is consistent with the lack of fiscal discipline which is the hall mark of far left Californian politicians, of which Nancy Pelosi is a prime example.

California has experience with nut-case economics, having been the home of the famous Emperor Norton who issued his own currency to pay his bills in the mid-19th century.

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2010-10-29 16:02