Beyond its means

Birmingham Mayor Larry Langford’s proposals total nearly $900 million to date-

Now, a lot of that is the Birmingdome, which of course will never be built but continue to exist, perfect, in a virtual otherworld. But he’s come up with spending programs to match that cost. Most of the money will be borrowed, and BMLL is underestimating — more likely to hide real costs rather than through stupidity — the interest on those debts. Well, the money will come due after he’s out of office.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s