MuniLand

Peter Hayes of BlackRock gives a good overview of the current state of muniland (Hattip Learnbonds).

Good Links

NASBO: Pension accounting reforms regarding the use of discount rates

BlackRock: $55 billion – amount closed in budget gaps by 31 states for FY 2013

Manhattan Institute Public-sector unions’ money machine

LAT: Bankrupt cities? Don’t blame unions

Reuters: Economy, budget woes threaten non-profit hospitals – Moody’s

MTA: Budget remains balanced, but long-term challenges persist

City of Harrisburg: City completes and releases 2009 audit of city finances

Times-Tribune: Scranton Composite Pension Board tables city request for $16 million loan

Bond Buyer: MSRB eyes muni angle for Libor mess

@Twitter Talk

Persons born in the latter years of the baby boom held 11.3 jobs from ages 18 to 46 go.usa.gov/vJB #BLSdata — BLS-Labor Statistics (@BLS_gov) July 25, 2012

Map showing all municipal filings for Chapter 9 bankruptcy protection since 2010: governing.com/blogs/by-the-n… #muniland — Tod Newcombe (@tnewcombe) July 25, 2012

#Stateline: States turn to private companies to boost #lottery revenue: ow.ly/cui0c — PewCenterOnTheStates (@PewStates) July 25, 2012

California economy showing more momentum in ’12 after flat-lining through most of ’11. Index here: bit.ly/OmNrat twitter.com/Comerica_Econ/… — Robert Dye (@Comerica_Econ) July 25, 2012