MuniLand Snaps: January 11, 2012

By Cate Long
January 11, 2012

The special-interest group Building America’s Future is pushing for transportation funding to remain unchanged as Congress gears up to debate a new surface transportation bill. BAF is running this ad in primary states, presumably under the assumption that advertising in primary states is the most cost-effective way to influence legislation. Source: The Hill

Good Links

Bloomberg:  MUB, the municipal bond ETF, has become the liquidity tool of choice for fund managers

Reuters: $287 billion in municipal bond issuance for 2011

Bloomberg: CFTC to rein in swaps dealers over sales of derivatives to muniland

WSJ: “The days of being happy sitting on autopilot are over”

O’Reilly Radar: Citizen-sourcing better ideas

Remapping Debate: Squandered decades have left Detroit balkanized and insolvent

Bloomberg: California’s governor wants to use revenue from new cap-and-trade fees for the general budget

Chicago Tribune: Governor of Illinois asks leaders for pension panel appointments

WPRO.com: Bankruptcy judge approves Central Falls, RI, pension payment reductions of 55%

@Twitter Talk

Barrett and Greene @GreeneBarrett Barrett and Greene  ”There’s an old saying in politics — if u tell the same lie long enough, the public will eventually believe it.” Girard Miller @Governing

Pension Dialog @PensionDialog Pension Dialog  Hyperbole by @OrrinHatch citing public pension “crisis” 1.usa.gov/zmOXU5 – should’ve read @cate_long reut.rs/wSgg9u+ 10th amend

Cate Long @cate_long Cate Long   #Muniland on fire: Thomson Reuters Municipal Market Data reporting lowest municipal AAA benchmark yields since 1981… 10 year AAA = 1.82%

Dean Baker @DeanBaker13 Dean Baker Combating the nonsense about fracking being a great job creator cepr.net/index.php/blog…

Marcellus Gas @MarcellusGas Marcellus Gas  .@GovernorCorbett wants PA to be the “Texas of the natural-gas boom” – via @BloombergNews:  buswk.co/zGDZOE
John Gramlich @johngramlich John Gramlich  State of the state: Gregoire wants $3.6B for transportation | Seattle Times Newspaper: bit.ly/zExm2i

Barrett and Greene @GreeneBarrett Barrett and Greene   California has 12.1% of U.S. population, but used 6.9 percent of the nation’s electricity in 2011 via @ASEorg nctimes.com/blogsnew/busin…

Stacie Servetah @sserve Stacie Servetah  Alex DeCroce, New Jersey Assembly’s Republican Leader, Dies at Statehouse  bloom.bg/AuCFy0

Michael Cooper @coopnytimes Michael Cooper  Setting the stage for a battle, Gov. Bob McDonnell of Virginia calls for ending teacher tenure:  washingtonpost.com/blogs/virginia…

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/