October 20: Muniland snaps
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This video is an excellent three-minute summary of the pension reform process in Rhode Island. It’s also a template for understanding how the process will likely happen across the country. Source: WPRI.com
Good Links
NYT: Although revenues up, states still collecting less in taxes than they did in 2007
Reuters: Year-to-date defaults for municipal bonds total 42 issues, or $948 million
Bloomberg: High-default project bonds attracting investment with 8% yield
Blank Rome: MSRB to municipal bond dealers: pony up more data
Detroit News: Mayor to unions: Fix the buses now!
Heritage: Public sector employment levels have declined but not nearly as much as the private sector.
@Twitter Talk
@GOVERNING GOVERNING Today we feature an editorial roundup of what the op-ed pages are saying about suspending the CLASS Act: bit.ly/pKNiJc
@NickTimiraos Nick Timiraos New bill would let foreigners get visas if they buy up American homes on.wsj.com/nMG9Wn Immigration: the solution to our housing woes?
@cate_long Cate Long less diabetes/obesity RT @maxwellstrachan: “Moving poor women to lower-poverty neighborhoods improves their health” bit.ly/oscBro
@taxjustice CTJ You can now embed the real-time Cost-of-Tax-Cuts (for the rich) ticker on your site, blog. Riveting! costoftaxcuts.com
@katebrower Kate Andersen Brower Manufacturing jobs in key electoral state PA fell by 10.5% from 8/31/08 to 8/31/2011. 1/5 PA workers r in manufacturing or construction.
@CapitalTonight Capital Tonight Cuomo is also folding the Manhattan LDC and Moynihan Station Development Corporation into the Port Authority.
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