I was down there in 2006, and it was hopping, with new roads and new subdivisions being built everywhere.
At moments like these, I'm glad I was able to reign in unrealistic business models and sales' pitches, because that 20,000 per acre land is probably going for less than 8,000 now.
Landis, I will make money on this info, as I now know exactly to do with options on very sophisticated financial instruments that leveraged Jefferson County, Alabama debt obligations that I will now have the opportunity to exercise or not.
All you can do is read this article and dream.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aYbjnO7bKCpY
Jefferson County, Alabama, to Put One-Third of Workers on Leave
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By Kathleen Edwards
July 21 (Bloomberg) -- Jefferson County, Alabama, the stateâs most-populous county, will run out of money and plans on Aug. 1 to put as many as 1,200 employees on unpaid leave, the president of the county commission said.
The six-week furlough of more than one-third of the countyâs workforce will allow enough time for the Legislature or the state Supreme Court to reinstate an occupational tax that was struck down on constitutional grounds, commission president Bettye Fine Collins said today.
Jefferson County, home to Birmingham, has been teetering on the brink of bankruptcy since last year when interest rates on $3 billion of the countyâs sewer debt soared as high as 10 percent amid Wall Streetâs credit crunch. The crisis intensified in June when a circuit court prohibited the county from spending the $75 million annually generated by the tax.
To contact the reporter on this story: Kathleen Edwards in Birmingham, Alabama, at .
At moments like these, I'm glad I was able to reign in unrealistic business models and sales' pitches, because that 20,000 per acre land is probably going for less than 8,000 now.
Landis, I will make money on this info, as I now know exactly to do with options on very sophisticated financial instruments that leveraged Jefferson County, Alabama debt obligations that I will now have the opportunity to exercise or not.
All you can do is read this article and dream.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aYbjnO7bKCpY
Jefferson County, Alabama, to Put One-Third of Workers on Leave
Share | Email | Print | A A A
By Kathleen Edwards
July 21 (Bloomberg) -- Jefferson County, Alabama, the stateâs most-populous county, will run out of money and plans on Aug. 1 to put as many as 1,200 employees on unpaid leave, the president of the county commission said.
The six-week furlough of more than one-third of the countyâs workforce will allow enough time for the Legislature or the state Supreme Court to reinstate an occupational tax that was struck down on constitutional grounds, commission president Bettye Fine Collins said today.
Jefferson County, home to Birmingham, has been teetering on the brink of bankruptcy since last year when interest rates on $3 billion of the countyâs sewer debt soared as high as 10 percent amid Wall Streetâs credit crunch. The crisis intensified in June when a circuit court prohibited the county from spending the $75 million annually generated by the tax.
To contact the reporter on this story: Kathleen Edwards in Birmingham, Alabama, at .
