MuniLand

MuniLand Snaps: March 19, 2012

By Cate Long
March 19, 2012

A sad view of Harrrisburg, Pennsylvania, via the Reason Foundation.

Good Links

Governing: U.S. releases final rule on the expansion of Medicaid under the Affordable Care Act

Bloomberg: U.S. states reduce taxes for the first time in 10 years, survey says

Reuters: ”City negotiators will surely hold the bankruptcy gun to stakeholders’ heads”

Bond Buyer: Banks compete to give direct loans to municipal issuers

Bloomberg: It might be early to call the bottom for muniland, but here is Bloomberg’s view

Barron’s: Muni bond fund manager talks his book

Plain Dealer: Gov. Kasich: Make sure Ohioans benefit from oil and gas tax dollars

NRDC Switchboard: Green, supportive housing for veterans should become a national model

Brandeis University:  2012 Municipal Finance Conference

@Twitter Talk

Insane FactsInsane Facts  @lnsaneFacts Sociologists have found the worse the economy, the longer the women’s skirts are and the better economy, the shorter the skirt.
Jen DePaulJen DePaul  @BondBuyerJen New CBO estimate: President Obama’s 2013 budget proposal would add $3.5T to the deficit through 2022.  http://t.co/kLJqq8xJ
NCSLNCSL @NCSLorg States allow tax cuts to expire. NCSL press release regarding new State Tax Actions report.  http://goo.gl/429F1
Rochester Funds Rochester Funds  @RochesterFunds Pension overhaul expected to save New York State taxpayers $80 billion over the next 30 years.
Andrew HoferAndrew Hofer @aphofer NYTimes: Untouchable Pensions May Be Tested in California. Typical CA: encode your fantasies in the law.  http://nyti.ms/xpWGXS
Morally BankruptMorally Bankrupt  @groditi not ready to sell tax-free munis yet, but would like to switch to taxable BABs & maybe buy 10s on further weakness to up carry & rate risk

Tom KozlikTom Kozlik @tomkozlik “Municipalities are borrowing more money directly from banks that are competing to offer favorable rates and terms”  http://lnkd.in/RQ57iu

Capital TonightCapital Tonight @CapitalTonight Long: 1st job was shoveling horse manure out of stables for $4 an hour….something tells me that “might come in handy these days” in DC.
ICMAICMA @LocalManagers An example agreement between municipalities sharing vehicles and equipment http://bit.ly/wqwtza
The Atlantic CitiesThe Atlantic Cities @AtlanticCities Nerd out with our visual tour of streetcar design from around the world http://bit.ly/zw5kkr

John BevacquaJohn Bevacqua @NestedInterest Shifting your retirement portfolio into bond funds? You may want to rethink that.  http://bit.ly/AyoNRk

danvock danvock @danvock An app that includes Stateline news! MT @openstates: We now support all 50 states and have a new iOS app: http://bit.ly/FO631r

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