October 10: Muniland snaps

October 10, 2011

Good Links

New York Times: Household incomes have dropped 9.8% since start of the recession

Council on Foreign Relations: Our current crisis is better than the Great Depression, worse than other recessions

Economic Collapse Blog: The long-term data is very bleak

Rortybomb: Distilling the suffering of the 99%

Heritage Foundation: Tax repatriation would lead to little increase in job creation or investment

McClatchy:  Senator introduces bill to reduce corporate taxes brought back onshore by 75%

American Bankruptcy Institute Journal:  States doing the Chapter 9 thing?

Stateline:  State and local employment is down, but not everywhere

Kellogg Finance: Totally dreamed-up pension liability numbers

Bloomberg: U.S. Justice Dept cracks down on landlords of CA medical-marijuana dispensaries

Bond Buyer:  Dealers swamped with new issues

Courier Post Online: Collingswood, NJ is fully invested in unsold condo project


@Twitter Talk

PIMCO @PIMCO PIMCO   Gross: Need incentives for corporations to invest? Lower taxes? Joking? Profits as a % of GDP at 13%. All time record %. Help Main Street!
Cate Long @cate_long Cate Long    Yup. Tis true. RT @munilass:  Most trades are for bonds that have been recently issued. When issuance is down, so is trading.

Bond Girl @munilass Bond Girl   Brown Signs Bill to Limit Municipalities in California From Bankruptcies bloom.bg/oLfPmQ

Paul @pmonies Paul   Fearing budget cuts, interest groups take lobbying local  usat.ly/nVpASn

CSG @CSGovts CSG   A handful of states will raise their minimum wage next year – up to $8.67 an hour. bit.ly/nSWpyy

laurence chandler @soooouuuuurrrrr laurence chandler   Pensions underperforming looking for risk going to hedge funds, funds are to the brim w. cash.
Barrett and Greene @GreeneBarrett Barrett and Greene  HS students taking at least one online course — 2000: 45,000;  2010: > 4 million  http://ow.ly/6Qn8h

Newyorkist @Newyorkist Newyorkist  Someone has brought the bull to Zuccotti. Crowd on move with it. Marching south down Bway. #ows  twitpic.com/6xuqsx

No comments so far

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/