MuniLand

Good Links

Bloomberg: Supercommittee hinting at $4 trillion in cuts

Barrons: Muniland’s self-regulating mechanism?

Reuters: Detroit in a final downward spiral?

Bond Buyer: Taxpayer pay legal fees while Harrisburg mayor files unnecessary bankruptcy motions

today is the day harrisburg: Tweeting an important Harrisburg meeting

Asbury Park Press: When the mayor poses in his underwear, does that cause a ratings’ downgrade?

@Twitter Talk

@robenfarzad Roben Farzad   In 2012, the number of people signed up for Medicaid is forecast to grow twice as fast as new spending for the program (Kaiser Permanente)

@PensionDialog Pension Dialog   RT @davidmwessel: Govt employment (state, local, federal) in Oct was 600k below Jan 2009.
@GreeneBarrett Barrett and Greene   Lawmakers in Kansas, Missouri, Oklahoma want to end the Income Tax — why that’s a tough task  ow.ly/7l1JV

@TPM Talking Points Memo   Gov. Kasich’s Buckeye blackeye: tpm.ly/tJxpjz

@MillerTabak Michael Pietronico   MTAM released a special report to our clients this morning – “Municipalities and Their Hidden Debt Risks: Direct Bank Loans”

@todaysthedayhbg Tara Leo Auchey   Today, 2pm City of Harrisburg officials to meet w/Creditors to begin negotiations. Closed to public. Mayor will be there. Who of Council?

roxburynews Roxbury News  Only a year ago Harrisburg Mayor Thompson wanted bondholders to take a 10-20% “haircut” bit.ly/ts0M3x