MuniLand

There is a new movement afoot on the fringes of urban society called “depaving,” or removing asphalt from small urban areas to make green, community spaces.

Good Links

Senator Jim DeMint: Saying no to state bailouts

Bloomberg: Pennsylvania’s tax windfall from gaming leads the U.S.

LAT: Los Angeles among most financially distressed areas in U.S.

Reuters: U.S. municipal bond sales to total $9 billion next week

Bloomberg: Jefferson County can’t pay GO bonds without new tax, lawyer says

WPRI.com: Rhode Island video-game company makes loan payment to state

@Twitter Talk

Shelia Bair would push CDS off the face of the planet tgr.ph/KC2sTm (shocking, I know)

— Chris Whittall (@Chris_Whittall) May 21, 2012

street research this weekend almost universally expects a pullback in muni yields to help place a surge in supply – ratios to the rescue?

— Michael Pietronico (@MillerTabak) May 21, 2012

Payrolls rise in 32 states, led by Indiana & Texas; unemployment dropped in 37, indicating improving US labor market bloom.bg/J6eSDe — Linda Yueh (@lindayueh) May 18, 2012

Tax collections for April fell by $336.3M from a year ago, but were $485.9M higher than Financial Plan projections bit.ly/J6WEkU

— Tom DiNapoli (@NYSComptroller) May 18, 2012

State budget includes risky cuts to Michigan’s prison program on.freep.com/KFates

— FreepOpinion (@FreepOpinion) May 21, 2012

Fascinating! LA’s original subway goo.gl/bgp6e by @gelatobaby

— Beate Reszat (@rszbt) May 21, 2012