October 20: Muniland snaps

October 20, 2011

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 GOVERNING  Today we feature an editorial roundup of what the op-ed pages are saying about suspending the CLASS Act: bit.ly/pKNiJc
Nick Timiraos @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 Cate Long   less diabetes/obesity RT @maxwellstrachan: “Moving poor women to lower-poverty neighborhoods improves their health” bit.ly/oscBro

CTJ @taxjustice CTJ   You can now embed the real-time Cost-of-Tax-Cuts (for the rich) ticker on your site, blog. Riveting! costoftaxcuts.com

Kate Andersen Brower @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.

Capital Tonight @CapitalTonight Capital Tonight  Cuomo is also folding the Manhattan LDC and Moynihan Station Development Corporation into the Port Authority.

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