MuniLand Snaps: March 14, 2012

March 14, 2012

Detroit Mayor Dave Bing gave his 2012 State of the City address last Wednesday. There are very trying times ahead for Mayor Bing and Detroit.

Good Links

FT: A hard slog in the foothills of debt

Reuters: Riches to rags for Spanish towns

Reuters: Board closer to dumping “NRO” for U.S. muni prices

FT: Demand high for Illinois bonds despite woes

CNE Blog: Puerto Rico’s Budget Deficit: an Independent Assessment

@Twitter Talk

Tim Maniccia @tmaniccia Tim Maniccia BLS- 45 states & DC recorded unemployment rate decreases in Jan, NY posted an inc & 4 states had no change.…

Federal Reserve @federalreserve Federal Reserve   Welcome to the official Twitter channel of the Board of Governors of the Federal Reserve System.

Michael Cooper @coopnytimes Michael Cooper   After all the tough talk, Governor Cuomo bows to the Legislature, and lets them draw their own districts:
MSRB @MSRB_News MSRB    MSRB Requests Comment on Prohibiting Not Reoffered Designation In Connection with New Issues of Municipal Securities…
Justin Fox @foxjust Justin Fox   Andy Haldane gave another fascinating speech today. “Towards a common financial language”
Tim Maniccia @tmaniccia Tim Maniccia Williamson County is one of the most indebted counties in TX, trailing only Bexar and Harris in overall…
Edith Honan @edithhonan Edith Honan “Next year every penny in personal income tax we collect will go to cover our pension bill – and we’ll still be short”- NYC’s Bloomberg
Melissa Maynard @melissamaynard Melissa Maynard Great story from @maggieclark320 about NY’s new approach to juvenile justice.…

Lisa Fleisher @lisafleisher Lisa Fleisher   WSJ editorial page on NJ taxes & Senate President Sweeney dropping millionares tax “There is hope for a change”

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