MuniLand Snaps: January 12, 2012

By Cate Long
January 12, 2012

It’s that time of year, when governors are giving their “state of the state” speeches. Here is Indiana Governor Mitch Daniels giving his eighth and final address on Jan. 10, 2012. Bloomberg reports that the governor promoted his legislation to exempt non-union employees from paying dues when working alongside union workers. The Pew Center on the States has a list of the full text and video of all state-of-the-state speeches.

Good Links

The White House: The Obama administration’s report on encouraging “insourcing”

Bond Buyer: MSRB whispers in issuers’ ears to urge Moody’s to add their credit ratings to EMMA system

WSJ: Muniland rating downgrades could accelerate due to weak economy

Bond Buyer: CFTC approves “business conduct” rules for swaps dealers when they deal with muniland

Reuters: Raymond James buys Morgan Keegan, merging two regional muniland powerhouses

Reuters: Even with an experienced governor, California remains a model of dysfunction

Bond Buyer: Detroit’s independence hinges on getting $100 million of concessions from unions

Bloomberg: Illinois sells 10-year tax exempt debt at 3.1% yield

@Twitter Talk

Dr. Sanjay Gupta @sanjayguptaCNN Dr. Sanjay Gupta  new fed report: 1% of americans accounted for 22% of health care costs in 2009. and, 5% accounted for 50% of costs. what do u make of that?
Jeremy Hobson @jeremyhobson Jeremy Hobson Mitch Daniels makes a deal with Amazon regarding sales tax collection. He talks about it with  @MktplaceRadio here:  mktplc.org/wIYjLM 

Govistics by CGR @Govistics Govistics by CGR   MI CIO hopes small investments will result in innovative partnerships between state and local government  govtech.com/budget-finance…

James Ledbetter @ledbetreuters James Ledbetter  One in three college-educated New Yorkers is struggling to pay for food, says this study:  foodbanknyc.org/blog/index.cfm…

Corbin Hiar CorbinHiar Corbin Hiar  RT @evgenymorozov Maine makes public new database of inmates and felons on probation flpbd.it/9x0y.

Roxbury News @roxburynews Roxbury News  New terms of THA/CIT ’05/06 financing post @TheHbgAuthority Brd approval included operating expense definition & hell or high water clause. [Cate Long note - I'm voting this twitter stream best coverage of a court trial that I've ever seen.]

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