MuniLand

New video from Cato on #sequestration, military spending. A primer for some; useful factoids and graphics for experts: youtu.be/s-nB6zQu9Mw

— Cato Foreign Policy (@CatoFP) August 7, 2012

Good Links

Tax Foundation: Governor Brown’s tax proposal and the folly of California’s income tax

Bloomberg: Brown redevelopment fund seizure drives increase in city taxes

The Record: Opinion: Christie’s rhetoric does not match reality

Reuters: Puerto Rico bonds were the most actively traded in 2nd quarter 2012

Montana Watchdog: Commentary: Tax exempt status for municipal bonds on endangered list?

CSG: North Carolina archives social media to comply with public records law

Detroit Free Press: Detroit council rejects request to put police tax on ballot

Journal News: Judge blocks mayor’s plan to cut Yonkers firefighter overtime

@Twitter Talk

ICMA- 4 of 69 recent poll respondents (5.8%) considered filing for bankruptcy. Higher than I would have expected. icma.org/en/icma/newsro…

— Tim Maniccia (@tmaniccia) August 7, 2012

3 of the top 5 muni Cusips searched on Bloomberg terminals today are either Puerto Rico or tobacco-backed , all long-dated; good or bad?

— Muni Market Advisors (@Muni_Mkt_Advis) August 7, 2012

How sewage reveals a city’s drug habits theatlanticcities.com/arts-and-lifes… via @nate_berg

— The Atlantic Cities (@AtlanticCities) August 7, 2012

Read the comments “@byheatherlong: Harrisburg spokesman/advisor to the mayor on city’s debt recovery plan bit.ly/NZY7Qi#muniland

— Cate Long (@cate_long) August 7, 2012

#Ohio legislators will attempt to end double dipping by public pensioners: ow.ly/cNvOj

— Performance Partners (@PublicPerform) August 7, 2012