Birmingham Alabama - Soon to declare municipal bankruptcy - Biggest in US history.

[Speeders & Drunk Drivers are MURDE]

FWIW - the city is 73% black.

http://www.bloomberg.com/apps/news?pid=20601039
&sid=ahSJgzIBbboA&refer=home

Largest U.S. Municipal Bankruptcy Looms in Alabama: Joe Mysak

Commentary by Joe Mysak

April 11 (Bloomberg) -- They're talking more about Chapter 9 municipal
bankruptcy in Jefferson County, Alabama, the home of the largest city in
the state, Birmingham.

Who can blame them?

The county is now being whipsawed by an ill-thought-out debt policy and
the collapse of the bond insurers. Credit-rating downgrades all around
have triggered a series of events that are no longer in the county's
control, leaving it at the mercy of securities firms that have little
room for maneuver themselves.

This has produced a steady series of stories in my new favorite
newspaper, the Birmingham News, all about how the county is preparing to
declare bankruptcy any day.

Perhaps the best article ran on Sunday, April 6. It began: ``Jefferson
County officials have laid the groundwork for the largest municipal
bankruptcy in the nation's history while publicly saying they have no
imminent plans for a filing.''

The one that ran on Wednesday, April 9, was no less compelling: ``Talks
on the sewer system's debt crisis aren't making progress, increasing the
odds that the county will file municipal bankruptcy, Jefferson County
Commission President Bettye Fine Collins said Tuesday.''

This is how it ends for the little county that was going to teach America
how to use interest-rate swaps.

(snip)

 

[Buttock Obama's terrorist friend W]

On Apr 11, 10:30

 

[Kickin' Ass and Takin' Names]

On Apr 11, 10:57

 

[Kickin' Ass and Takin' Names]

On Apr 11, 10:30

 

[Bob]

"Kickin' Ass and Takin' Names" <PopUlist349@hotmail.com> wrote in message
news:6f064acb-2e4c-4cac-aeac-969f664348d4@2g2000hsn.googlegroups.com...
On Apr 11, 10:57 pm, "Buttock Obama's terrorist friend William Ayers"
<Johnny...@gmail.com> wrote:
> On Apr 11, 10:30 pm, "Speeders & Drunk Drivers are MURDERERS"
> <xeton2...@yahoo.com> wrote:
> > FWIW - the city is 73% black.
>
> >http://www.bloomberg.com/apps/news?pid=20601039
> > &sid=ahSJgzIBbboA&refer=home
>
> > Largest U.S. Municipal Bankruptcy Looms in Alabama: Joe Mysak
>
> > Commentary by Joe Mysak
>
> > April 11 (Bloomberg) -- They're talking more about Chapter 9 municipal
> > bankruptcy in Jefferson County, Alabama, the home of the largest city in
> > the state, Birmingham.
>
> > Who can blame them?
>
> > The county is now being whipsawed by an ill-thought-out debt policy and
> > the collapse of the bond insurers. Credit-rating downgrades all around
> > have triggered a series of events that are no longer in the county's
> > control, leaving it at the mercy of securities firms that have little
> > room for maneuver themselves.
>
> > This has produced a steady series of stories in my new favorite
> > newspaper, the Birmingham News, all about how the county is preparing to
> > declare bankruptcy any day.
>
> > Perhaps the best article ran on Sunday, April 6. It began: ``Jefferson
> > County officials have laid the groundwork for the largest municipal
> > bankruptcy in the nation's history while publicly saying they have no
> > imminent plans for a filing.''
>
> > The one that ran on Wednesday, April 9, was no less compelling: ``Talks
> > on the sewer system's debt crisis aren't making progress, increasing the
> > odds that the county will file municipal bankruptcy, Jefferson County
> > Commission President Bettye Fine Collins said Tuesday.''
>
> > This is how it ends for the little county that was going to teach
> > America
> > how to use interest-rate swaps.
>
> > (snip)
>
> I bet there is a Democrat in the mayor's office, and a Democrat
> majority in the city council. Democrats always make poverty worse.- Hide
> quoted text -
>
> - Show quoted text -

Nope.

Republicans all the way.

Incorrect.

 

[Gen'ls Betrayed Us]

"Buttock Obama's terrorist friend William Ayers" <Johnnyj11@gmail.com> wrote
in message
news:bee66681-8bb6-4937-b441-f11fd4b25183@e67g2000hsa.googlegroups.com...
On Apr 11, 10:30 pm, "Speeders & Drunk Drivers are MURDERERS"
<xeton2...@yahoo.com> wrote:
> FWIW - the city is 73% black.
>
> http://www.bloomberg.com/apps/news?pid=20601039
> &sid=ahSJgzIBbboA&refer=home
>
> Largest U.S. Municipal Bankruptcy Looms in Alabama: Joe Mysak
>
> Commentary by Joe Mysak
>
> April 11 (Bloomberg) -- They're talking more about Chapter 9 municipal
> bankruptcy in Jefferson County, Alabama, the home of the largest city in
> the state, Birmingham.
>
> Who can blame them?
>
> The county is now being whipsawed by an ill-thought-out debt policy and
> the collapse of the bond insurers. Credit-rating downgrades all around
> have triggered a series of events that are no longer in the county's
> control, leaving it at the mercy of securities firms that have little
> room for maneuver themselves.
>
> This has produced a steady series of stories in my new favorite
> newspaper, the Birmingham News, all about how the county is preparing to
> declare bankruptcy any day.
>
> Perhaps the best article ran on Sunday, April 6. It began: ``Jefferson
> County officials have laid the groundwork for the largest municipal
> bankruptcy in the nation's history while publicly saying they have no
> imminent plans for a filing.''
>
> The one that ran on Wednesday, April 9, was no less compelling: ``Talks
> on the sewer system's debt crisis aren't making progress, increasing the
> odds that the county will file municipal bankruptcy, Jefferson County
> Commission President Bettye Fine Collins said Tuesday.''
>
> This is how it ends for the little county that was going to teach America
> how to use interest-rate swaps.
>
> (snip)

I bet there is a Democrat in the mayor's office, and a Democrat
majority in the city council. Democrats always make poverty worse.
=============

Condi's hometown.

 

[Buttock Obama's terrorist friend W]

On Apr 11, 11:15

 

[Bob]

"Buttock Obama's terrorist friend William Ayers" <Johnnyj11@gmail.com> wrote
in message
news:719512f5-36a1-44f3-9d75-0f945699a997@d1g2000hsg.googlegroups.com...
On Apr 11, 11:15 pm, "Bob" <n...@email.add> wrote:
> "Kickin' Ass and Takin' Names" <PopUlist...@hotmail.com> wrote in
> messagenews:6f064acb-2e4c-4cac-aeac-969f664348d4@2g2000hsn.googlegroups.com...
> On Apr 11, 10:57 pm, "Buttock Obama's terrorist friend William Ayers"
> <Johnny...@gmail.com> wrote:
> > On Apr 11, 10:30 pm, "Speeders & Drunk Drivers are MURDERERS"
> > <xeton2...@yahoo.com> wrote:
> > > FWIW - the city is 73% black.
>
> > >http://www.bloomberg.com/apps/news?pid=20601039
> > > &sid=ahSJgzIBbboA&refer=home
>
> > > Largest U.S. Municipal Bankruptcy Looms in Alabama: Joe Mysak
>
> > > Commentary by Joe Mysak
>
> > > April 11 (Bloomberg) -- They're talking more about Chapter 9 municipal
> > > bankruptcy in Jefferson County, Alabama, the home of the largest city
> > > in
> > > the state, Birmingham.
>
> > > Who can blame them?
>
> > > The county is now being whipsawed by an ill-thought-out debt policy
> > > and
> > > the collapse of the bond insurers. Credit-rating downgrades all around
> > > have triggered a series of events that are no longer in the county's
> > > control, leaving it at the mercy of securities firms that have little
> > > room for maneuver themselves.
>
> > > This has produced a steady series of stories in my new favorite
> > > newspaper, the Birmingham News, all about how the county is preparing
> > > to
> > > declare bankruptcy any day.
>
> > > Perhaps the best article ran on Sunday, April 6. It began: ``Jefferson
> > > County officials have laid the groundwork for the largest municipal
> > > bankruptcy in the nation's history while publicly saying they have no
> > > imminent plans for a filing.''
>
> > > The one that ran on Wednesday, April 9, was no less compelling:
> > > ``Talks
> > > on the sewer system's debt crisis aren't making progress, increasing
> > > the
> > > odds that the county will file municipal bankruptcy, Jefferson County
> > > Commission President Bettye Fine Collins said Tuesday.''
>
> > > This is how it ends for the little county that was going to teach
> > > America
> > > how to use interest-rate swaps.
>
> > > (snip)
>
> > I bet there is a Democrat in the mayor's office, and a Democrat
> > majority in the city council. Democrats always make poverty worse.- Hide
> > quoted text -
>
> > - Show quoted text -
>
> Nope.
>
> Republicans all the way.
>
> Incorrect.- Hide quoted text -
>
> - Show quoted text -

Birmingham, Alabama's mayor is a Democrat. Birmingham has a long
history of electing Democrats:
http://en.wikipedia.org/wiki/List_of_Mayors_of_Birmingham,_Alabama

9 members on the city council:
http://www.birminghamal.gov/birmingham-city-council.aspx

5 council members are independents:
http://www.bplonline.org/resources/subjects/gov/CityCouncilElection2005.asp

Can't find out party affiliation on the other 4 <shrugs>

The financial problems belong to the county (Jefferson), not
the city of Birmingham. Separate government structures.

 

[Elias D]

Kickin' Ass and Takin' Names wrote:

>
> Republicans all the way.
>
> Baptists to boot.



Larry P. Langford, mayor, is a dem-o-rat:

http://en.wikipedia.org/wiki/Larry_Langford



The city council consists of:

a) three black women
b) three black men
c) two anglo women
d) one anglo man


Although there is no specific breakdown on political party for the
council members, I'd be willing to bet that they are majority
Dem-o-rats.

But hey, does it really matter? All this really proves is that Dems
are just as incompetent as neocons.

 

[Patriot Games]

"Lickin' Ass and Takin' Names" <PopUlist349@hotmail.com> wrote in message
news:6f064acb-2e4c-4cac-aeac-969f664348d4@2g2000hsn.googlegroups.com...
>Republicans all the way.

Somebody else caught you LYING.

Will wonders never cease?

 

[Buttock Obama's terrorist friend W]

On Apr 12, 4:59