MuniLand

Bloomberg ran an excellent article and video about the impact on the North Dakota infrastructure from oil drilling. The externalities are bigger than the cash revenues the counties and cities are receiving, and municipalities are unable to build out their infrastructure fast enough to keep up with demand.

Good Links

Bloomberg View: Why Singapore has the cleanest government money can buy

White House: 2012 ACA Progress Report: States are implementing health reform

Gov Tech: Police don’t like the Supreme Court decision denying warrantless GPS tracking

FT: New fixed income research rules coming from FINRA

ZeroHedge: A peak into the sell-side and inter-dealer bond markets

Bond Buyer: Muniland professionals see rates up and down for the year

SIFMA: Class time! SIMFA’s Municipal Bond School 2012

WSJ: City of Glendale, Arizona sells debt to cover NHL team losses

@Twitter Talk

@stlouisfed St. Louis Fed  Economist’s new working paper looks at international trade by all 50 states bit.ly/zllvgK

@MillerTabak Michael Pietronico  the “state of the union” could be perceived as the “state of taxation” on the “wealthy”…municipal bond demand should remain strong

@MarketAxess MarketAxess  Prager: significant pressure on dealer inventories post-crisis #tabbfi

@GreeneBarrett Barrett and Greene  State range of Medicaid spending per enrollee: Highest= Alaska ($11,569); lowest= California ($4,569) ow.ly/8EdBN

@matthiasrascher Matthias Rascher  Governor’s Mansions Around the U.S. Sit Empty. j.mp/yoc8Lg

@AtlanticCities The Atlantic Cities  Detroit, Atlanta, & Phoenix top the list of places with the most affordable housing stock in U.S. bit.ly/w9mSam

@NYSenate New York Senate  Ask and ye shall receive. The #NYSenate‘s budget analysis, also known as the “White Book”, is now online:  tinyurl.com/7omdht4

@nbcchicago NBC Chicago  Illinois Supreme Court approves pilot program to allow cameras in trial courtrooms for the first time:  bit.ly/ycNiC4

@StatesAndCities Bloomberg State/Muni   BB&T Backs Down as Occupy Atlanta Resists Eviction of Inner-City Church: ow.ly/8Em08