Posted on 10/16/2006 5:42:56 AM PDT by pttttt
An election is coming up. Lots of localities have "bond measures" or "bond initiatives" on the ballot.
Often there is little public discussion of these things pro or con - well, usually lots of pro advocacy, because someone wants the money for some project, which of course they will say is very deserving. So voters who are well-informed on candidates may still get blindsided by these things when they show up to vote, and it seems like a lot of people just vote yes on them by reflex.
I was looking for a website or reference which might provide a general tutorial on bond measures - what sorts of projects they are most appropriate for financing, how to tell a "good" bond measure from a "bad" one, who makes money from them. Clearly someone does - new municipal bond issues are bought and sold with broker commissions, etc. and some individual investors find them to be good investments.
Couldn't find a thing! Only websites covering particular bond issues, usually with no real explanation. This seems to be an obscure topic which shouldn't be so obscure.
The source URL is a consulting company which specializes in bond campaigns. It was the most informative website I could find in this vein. Are there any other references for this big-money but low-profile topic?
I thought Barry was running for something now that his baseball career is winding down...
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