Not too very long ago, you could look under the hood of your car and see the ground. That's how small and comparatively simple engines were - I think here of the straight-six. Likely as not, you could also spend the day tinkering with the engine, taking it apart, spreading it all over the ground, cleaning and replacing certain parts, and then putting it back together.

That's what's happening to the municipal market right now - its engine is getting tinkered with. Except that the engine is a modern one, filled with all sorts of impossible to figure out electronics. It is far from simple, and once all the parts are taken out and apart, you almost have to wonder, who will be able to put it all together again, and what's the point?

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