MuniLand

A state pension actuary gets the Xtranormal treatment. Hat tip: Bob Nelson of Thomson Reuters MMD.

Good Links

Council of State Governments: The evolution of interstate compacts

NYT: The little-known but massive infrastructure investment in U.S. airports

WSJ: Moody’s lowers $11 billion in California redevelopment bonds to junk

Michigan Governor Rick Snyder: Why we need a new bridge between Detroit and Canada now

Fortune: Four lessons from Curt Schilling’s 38 Studios fiasco

Learn Bonds: Three overleveraged New Jersey towns could be the next Jefferson County

Patriot News: Harrisburg audit prompts this question: Is the city’s debt crisis a crime?

@Twitter Talk

When privatization doesn’t work: prisons, colleges, and the private-sector delusion nyr.kr/L98TT2

— The New Yorker (@NewYorker) June 14, 2012

Serious delinquencies declined the most in AZ (-37%), Calif. (-28%), NV (-27.4%), Mich. (-23.7%) and Minn. (-18.1%).

— JacobGaffney (@JacobGaffney) June 14, 2012

Quinn to sign bills slashing health care spending, hiking cigarette tax, to save Medicaid program. tinyurl.com/7jlsq54

— Kristen Schorsch (@kschorsch) June 14, 2012

My dispatch from @usmayors conference: City rebound hurt by ‘partisan bickering’ in DC & states grabbing cash bloom.bg/LLWvYM #uscm2012

— Michael C. Bender (@MichaelCBender) June 14, 2012

“Those of us in charge of appropriations should be able to hear from Shell.” An invitation to Pennsylvania: apne.ws/LIpafd #gascracker

— Marc Levy (@timelywriter) June 14, 2012