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	<title>The Public Purse &#187; ballot initiatives</title>
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		<title>Menlo Park pension initiative vs. union</title>
		<link>http://www.thepublicpurse.com/2010/04/18/menlo-park-pension-initiative-vs-union/</link>
		<comments>http://www.thepublicpurse.com/2010/04/18/menlo-park-pension-initiative-vs-union/#comments</comments>
		<pubDate>Sun, 18 Apr 2010 20:45:31 +0000</pubDate>
		<dc:creator>Natalie Cohen</dc:creator>
				<category><![CDATA[Taxpayer v. union]]></category>
		<category><![CDATA[pensions]]></category>
		<category><![CDATA[ballot initiatives]]></category>
		<category><![CDATA[direct democracy]]></category>

		<guid isPermaLink="false">http://www.thepublicpurse.com/?p=875</guid>
		<description><![CDATA[See highlighted article about the struggle among a group promoting an initiative to curb costs: covering pensions for new employees&#8217;, raising the new employee retirement age and capping the pension formula. The initiative also would prevent the city council from passing retroactive increases (which is what Detroit did in the middle of its fiscal mess).  Looks [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Municipal Market Meltdown?  Response to Bookstaber</title>
		<link>http://www.thepublicpurse.com/2010/04/09/municipal-market-meltdown-response-to-bookstaber/</link>
		<comments>http://www.thepublicpurse.com/2010/04/09/municipal-market-meltdown-response-to-bookstaber/#comments</comments>
		<pubDate>Fri, 09 Apr 2010 14:33:28 +0000</pubDate>
		<dc:creator>Natalie Cohen</dc:creator>
				<category><![CDATA[Budget and Finance]]></category>
		<category><![CDATA[Voter initiatives]]></category>
		<category><![CDATA[bankruptcy and default]]></category>
		<category><![CDATA[bond insurance]]></category>
		<category><![CDATA[housing mess]]></category>
		<category><![CDATA[municipal bonds]]></category>
		<category><![CDATA[pensions]]></category>
		<category><![CDATA[securities lending]]></category>
		<category><![CDATA[states]]></category>
		<category><![CDATA[ballot initiatives]]></category>
		<category><![CDATA[community development district]]></category>
		<category><![CDATA[direct democracy]]></category>
		<category><![CDATA[liquidity]]></category>
		<category><![CDATA[municipal bankruptcy]]></category>
		<category><![CDATA[municipal bond default]]></category>
		<category><![CDATA[ratings]]></category>
		<category><![CDATA[state and local politics]]></category>

		<guid isPermaLink="false">http://www.thepublicpurse.com/?p=839</guid>
		<description><![CDATA[We have two opposing camps in the muni-market at the moment: those who say it is the next systemic shoe to drop and the rating agencies that are systemically raising ratings.
Which is right?
We have moved from a market that has had heavy intermediation from the bond insurance companies to one where investors are on their [...]]]></description>
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		<slash:comments>5</slash:comments>
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		<title>Oregon Tax Hikes Passed by Voters</title>
		<link>http://www.thepublicpurse.com/2010/01/27/oregon-tax-hikes-passed-by-voters/</link>
		<comments>http://www.thepublicpurse.com/2010/01/27/oregon-tax-hikes-passed-by-voters/#comments</comments>
		<pubDate>Wed, 27 Jan 2010 12:00:34 +0000</pubDate>
		<dc:creator>Natalie Cohen</dc:creator>
				<category><![CDATA[Voter initiatives]]></category>
		<category><![CDATA[states]]></category>
		<category><![CDATA[ballot initiatives]]></category>
		<category><![CDATA[fiscal stress]]></category>
		<category><![CDATA[state and local politics]]></category>
		<category><![CDATA[state income taxes]]></category>

		<guid isPermaLink="false">http://www.thepublicpurse.com/?p=616</guid>
		<description><![CDATA[Oregon voters passed Propositions 66 and 67 yesterday which support Governor Kulongowski&#8217;s budget proposal.  The following link will give you detail on the propositions, the vote, the key donors to each campaign and the groups advocating pro and con.  Oregon is a high income tax state and ranks high among the states with large budget deficits and [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Direct Democracy and Ballot Initiatives</title>
		<link>http://www.thepublicpurse.com/2010/01/25/direct-democracy-and-ballot-initiatives/</link>
		<comments>http://www.thepublicpurse.com/2010/01/25/direct-democracy-and-ballot-initiatives/#comments</comments>
		<pubDate>Mon, 25 Jan 2010 04:05:33 +0000</pubDate>
		<dc:creator>Natalie Cohen</dc:creator>
				<category><![CDATA[Voter initiatives]]></category>
		<category><![CDATA[migration]]></category>
		<category><![CDATA[states]]></category>
		<category><![CDATA[ballot initiatives]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[direct democracy]]></category>
		<category><![CDATA[Florida]]></category>
		<category><![CDATA[state and local politics]]></category>

		<guid isPermaLink="false">http://www.thepublicpurse.com/?p=579</guid>
		<description><![CDATA[Midterm congressional elections will be lively this year.   Conditions are ripe for tax and spending initiatives and numerous recall elections are also on the popular agenda.  Budget deficits, rising taxation and runaway spending are factors leading to tax and spending limitations.  Anger at the federal government sometimes gets played out at the state and local level [...]]]></description>
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		<slash:comments>0</slash:comments>
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