Sewers to be repossessed?

Jefferson County tells creditors it may not be able to meet its sewer debt obligations-

Apparently, rising interest rates could make it impossible for Jefferson County to service its debt. Whose fault is this? Why, Birmingham Mayor Larry Langford’s, of course. He was the genius who came up with a financing scheme that was so awful that Moody’s couldn’t find any parallels. Meet your future, Birmingham!


One response to “Sewers to be repossessed?

  1. e. nonee moose

    Larry can just head down to the local “Cash Advance” place and get a no-credit-check loan for the city… Problem Solved!

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