http://alephblog.com/2007/12/21/municipal-tensions/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Wed, 10 Mar 2010 00:36:18 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://alephblog.com/2007/12/21/municipal-tensions/comment-page-1/#comment-16128 jag Fri, 21 Dec 2007 19:01:42 +0000 http://alephblog.com/?p=414#comment-16128 Given the conservative opposition to tax raises in any form, for any reason, especially in states like North Dakota, Alaska, and Arizona, I imagine we'll simply see the states take out more loans in the form of muni bonds and then pay off those loans with yet more loans... what could possibly go wrong? Given the conservative opposition to tax raises in any form, for any reason, especially in states like North Dakota, Alaska, and Arizona, I imagine we’ll simply see the states take out more loans in the form of muni bonds and then pay off those loans with yet more loans… what could possibly go wrong?

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