Many of you have no doubt read about California's current budget situation. More than $26 billion in arrears, the state has commenced issuing IOUs to employees, service providers and other debt holders.
It's not wholly unexpected. In California, mandatory term limits for state office holders provide that a regular cycle of political amateurs are in place to manage our government. And our most exciting laws are scripted by Joe Citizen and approved by mob rule. God love popular democracy!
To solve the current crisis, clarion calls have begun to increase the State's revenue base by finally taxing California's most profitable natural resource. And we're doing our part here at the Lab. To help ease the state from its current predicament, the Lab has begun an entirely new category of research.
I'll admit, we've gotten a little lost in our current set of experiments. But what are you going to do? Duty calls...