MuniLand Snaps: 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
@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?
@Govistics Govistics by CGR MI CIO hopes small investments will result in innovative partnerships between state and local government govtech.com/budget-finance…
@ledbetreuters James Ledbetter One in three college-educated New Yorkers is struggling to pay for food, says this study: foodbanknyc.org/blog/index.cfm…
CorbinHiar Corbin Hiar RT @evgenymorozov Maine makes public new database of inmates and felons on probation flpbd.it/9x0y.
@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.]


