A sad view of Harrrisburg, Pennsylvania, via the Reason Foundation.
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
Insane Facts @lnsaneFacts
Sociologists have found the worse the economy, the longer the women’s skirts are and the better economy, the shorter the skirt.
Rochester Funds @RochesterFunds
Pension overhaul expected to save New York State taxpayers $80 billion over the next 30 years.
Andrew Hofer @aphofer
NYTimes: Untouchable Pensions May Be Tested in California. Typical CA: encode your fantasies in the law. http://nyti.ms/xpWGXS
Morally 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 Kozlik @tomkozlik “Municipalities are borrowing more money directly from banks that are competing to offer favorable rates and terms” http://lnkd.in/RQ57iu
Capital 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.