November 7: Muniland snaps

November 7, 2011

Chart via @nicholasdunbar, who tweets “What U.S. public sector pension plans assume they will make on their investments…”

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

Roben Farzad @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)

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

Talking Points Memo @TPM Talking Points Memo   Gov. Kasich’s Buckeye blackeye:

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

Tara Leo Auchey @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?

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

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