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Tag direct democracy

Municipal Market Meltdown? Response to Bookstaber

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… Continue Reading →

Direct Democracy and Ballot Initiatives

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. … Continue Reading →

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