Tag Archives: Muni default

Day of Reckoning for State and Local Governments

A must view 60 Minutes on the fiscal disasters of state and local governments.  Meredith Whitney and New Jersey Governor Chris Christie weigh in.  Check it out. Click here for video

Posted in Black Swan Watch, Muni Bonds, Politics, Video | Tagged , , , , , | 3 Comments

GOP plan: “Push states to bankruptcy and smash unions”

In his Reuters blog,  James Pethokoukis states the biggest political battle in Washington next year will be the Congressional Republicans plan to:  a) avoid a federal bailout of financially troubled states; and b) cripple employee unions by pushing fiscally troubled … Continue reading

Posted in Black Swan Watch, Charts, Muni Market | Tagged , , , , | 1 Comment