[RexBeach]

This fear about munis is WAY overstated.

The best muni bond managers in the nation say that this is a great buying opportunity - and they are correct.

-Rex

[FromLori]

AIG Says Risk Higher on $46.6 Billion Muni-Bond Portfolio

[Retain Mike]

The bond rating agencies are really no more than financial archeologists (their revelations come from examining the fossilized corpse done in by the marketplace) , so it is important to look elsewhere to discover problems in the municipal bond market. Know the issuer yourself and purchase the most traditional securities in the most conservative states, or the bonds of traditional organizations with the security of funding defined by a robust local economy. Purchase the bonds for income and not for resale. There are sufficient bad securities being traded out there for defaults to have a cascade effect on the market as a whole.

[Electric Graffiti]

Thanks for the heads up on the Fed and the PPT manipulaton of the stock market. I knew something was going on but had no clue how they could get away with it.

There is no economic good news and we have MASSIVE uncertainty here and the middle east....yet the market goes up.

I was reading this article Stock Market Manipulation and Gold Trading which shed a little more light on the subject.

[Presbyterian Reporter]

My take on why the muni bond issuance is way down is that it reflects a newly found need to be fiscally prudent or else you get voted out of office.

[Nachum]

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