Tax Refund Reality Check

I won't comment on the state of California; they owe me a tax refund and the Governator's IOU wasn't exactly cute. I did get my Federal Tax Refund, and I went to the bank to deposit it. It is a common policy for banking institutions to withhold depositing checks to assure that the issuing institution has valid funds. Under normal circumstances, I might think my bank withholding a deposit from the U.S. Treasury would be silly. Instead, I realized just how bankrupt our Treasury is, and that this might be the first time my bank's policy made sense. Lets hope it goes through tomorrow so Geitner doesn't have to use even more tax money to pay for bounced check fees...
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