October 20: Muniland snaps
This video is an excellent three-minute summary of the pension reform process in Rhode Island. It’s also a template for understanding how the process will likely happen across the country. Source: WPRI.com
NYT: Although revenues up, states still collecting less in taxes than they did in 2007
Reuters: Year-to-date defaults for municipal bonds total 42 issues, or $948 million
Bloomberg: High-default project bonds attracting investment with 8% yield
Blank Rome: MSRB to municipal bond dealers: pony up more data
Detroit News: Mayor to unions: Fix the buses now!
Heritage: Public sector employment levels have declined but not nearly as much as the private sector.
@katebrower Kate Andersen Brower Manufacturing jobs in key electoral state PA fell by 10.5% from 8/31/08 to 8/31/2011. 1/5 PA workers r in manufacturing or construction.
@CapitalTonight Capital Tonight Cuomo is also folding the Manhattan LDC and Moynihan Station Development Corporation into the Port Authority.