MuniLand

Public service announcement from the New York City Department of Transportation: Come take part in the fifth annual Summer Streets! On Aug. 4, 11 and 18 from 7 a.m. to 1 p.m., nearly seven miles of New York City’s streets will be opened up for everyone to play, run, walk and bike.

Good Links

IMF: Great Recession and fiscal squeeze at U.S. subnational government level

NYT: Calculated deal in a rate-rigging inquiry

Bloomberg: U.S. municipal bond trading volume falls by 10.4 percent in first half

Houston Chronicle: Local agencies in Texas could “deal directly with the feds to expand Medicaid”

SacBee: Dan Walters – California just as insolvent as bankrupt cities

Reuters: Political feuds, denial drove San Bernardino to bankruptcy

Bond Buyer: California dazed and confused over mounting Chapter 9 filings

Boston Review: A municipal bankruptcy, in pictures

@Twitter Talk

If state legislatures and governors choose not to play the #Obamacare game, then the game is over. j.mp/MZvzpD

— Cato Institute (@CatoInstitute) July 12, 2012

the oracle is doubling down with his thesis on a “terrible problem” in muniland….his worst call of his career as muni returns beat stocks

 

 

 

— Michael Pietronico (@MillerTabak) July 13, 2012

 

 

@TaylorRiggs_BB no. Most gov’t officials (this one anyway) consider Bankruptcy last option and most times no option.

— Emily Evans (@EmilyNEvans) July 13, 2012

Getting ready for a Harrisburg-themed Bastille Day Party. There’s a drink on the menu called The Incinerator. Anyone in the mood for revolt?

 

 

 

— Tara Leo Auchey (@todaysthedayHBG) July 14, 2012