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	<title>The Public Purse &#187; Florida</title>
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		<title>The BP Oil Spill and Municipal Bonds</title>
		<link>http://www.thepublicpurse.com/2010/06/25/the-bp-oil-spill-and-municipal-bonds/</link>
		<comments>http://www.thepublicpurse.com/2010/06/25/the-bp-oil-spill-and-municipal-bonds/#comments</comments>
		<pubDate>Fri, 25 Jun 2010 12:46:46 +0000</pubDate>
		<dc:creator>Natalie Cohen</dc:creator>
				<category><![CDATA[municipal bonds]]></category>
		<category><![CDATA[Florida]]></category>
		<category><![CDATA[oil spill]]></category>

		<guid isPermaLink="false">http://www.thepublicpurse.com/?p=988</guid>
		<description><![CDATA[It couldn&#8217;t come at a worse time.  The 53 Gulf Coast counties in Florida, Alabama, Mississippi, Louisiana and Texas look forward to peak summer months when tourists flock to beach resorts, casinos and summer homes.  This year the tourists are staying away.  Revenues related to tourist spending and waterfront development projects are likely to drop.  The [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Hurricane Season and Municipal Bonds</title>
		<link>http://www.thepublicpurse.com/2010/05/31/hurricane-season-and-municipal-bonds/</link>
		<comments>http://www.thepublicpurse.com/2010/05/31/hurricane-season-and-municipal-bonds/#comments</comments>
		<pubDate>Tue, 01 Jun 2010 00:46:30 +0000</pubDate>
		<dc:creator>Natalie Cohen</dc:creator>
				<category><![CDATA[municipal bonds]]></category>
		<category><![CDATA[states]]></category>
		<category><![CDATA[Florida]]></category>

		<guid isPermaLink="false">http://www.thepublicpurse.com/?p=966</guid>
		<description><![CDATA[June 1st marks the beginning of hurricane season.  It&#8217;s been quiet for a few years but forecasters are predicting a more active 2010 season.  Here are a few thoughts for analyzing the links to municipal bonds.  Gray and Klotzbacher of Colorado State University operate the Tropical Meteorology Project believe that 2010 will be a &#8220;significantly [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<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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		<title>From Mortgage Resets to Mortgage Recasts</title>
		<link>http://www.thepublicpurse.com/2010/01/14/from-mortgage-resets-to-mortgage-recasts/</link>
		<comments>http://www.thepublicpurse.com/2010/01/14/from-mortgage-resets-to-mortgage-recasts/#comments</comments>
		<pubDate>Thu, 14 Jan 2010 22:11:51 +0000</pubDate>
		<dc:creator>Natalie Cohen</dc:creator>
				<category><![CDATA[housing mess]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[fiscal stress]]></category>
		<category><![CDATA[Florida]]></category>
		<category><![CDATA[mortgage securities]]></category>
		<category><![CDATA[Nevada]]></category>

		<guid isPermaLink="false">http://www.thepublicpurse.com/?p=534</guid>
		<description><![CDATA[A particularly toxic form of adjustable rate mortgage is going to hit the headlines in the spring and summer of 2010 with defaults, foreclosures and workout discussions extending into 2012.  “Option ARMs” also known as “Pick-a-pay” allow the borrower to choose how much to pay each month and reports indicate 94% of all borrowers paid [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Migration and Municipal Bonds</title>
		<link>http://www.thepublicpurse.com/2010/01/06/migration-and-municipal-bonds/</link>
		<comments>http://www.thepublicpurse.com/2010/01/06/migration-and-municipal-bonds/#comments</comments>
		<pubDate>Wed, 06 Jan 2010 15:16:53 +0000</pubDate>
		<dc:creator>Natalie Cohen</dc:creator>
				<category><![CDATA[migration]]></category>
		<category><![CDATA[municipal bonds]]></category>
		<category><![CDATA[reports]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[fiscal stress]]></category>
		<category><![CDATA[Florida]]></category>
		<category><![CDATA[Nevada]]></category>
		<category><![CDATA[states]]></category>

		<guid isPermaLink="false">http://www.thepublicpurse.com/?p=508</guid>
		<description><![CDATA[The slowdown in migration in the U.S. has significant consequences for municipal finance.  New population growth in a community has been the driving force in municipal infrastructure finance since the beginning – and the slowdown we have seen over the last two years will affect bond volume in previously high growth centers.  Borrowing to meet [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<item>
		<title>The Municipal Bond Default Story, Part II</title>
		<link>http://www.thepublicpurse.com/2009/10/12/the-municipal-bond-default-story-part-ii/</link>
		<comments>http://www.thepublicpurse.com/2009/10/12/the-municipal-bond-default-story-part-ii/#comments</comments>
		<pubDate>Mon, 12 Oct 2009 22:26:41 +0000</pubDate>
		<dc:creator>Natalie Cohen</dc:creator>
				<category><![CDATA[bankruptcy and default]]></category>
		<category><![CDATA[municipal bonds]]></category>
		<category><![CDATA[community development district]]></category>
		<category><![CDATA[Florida]]></category>
		<category><![CDATA[municipal bond default]]></category>
		<category><![CDATA[special district]]></category>

		<guid isPermaLink="false">http://www.thepublicpurse.com/?p=177</guid>
		<description><![CDATA[Municipal bond defaults over the last two years occur in sectors that tie into the financial crisis: real estate.  Multi-family housing and land development projects that never took off are at the front line.  Special entities – usually a district of some kind, depending on the state – sell tax-exempt bonds to finance infrastructure for [...]]]></description>
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