Jefferson County filing bankruptcy:
"Jefferson County, Alabama, filed the biggest U.S. municipal bankruptcy after an agreement among elected officials and investors to refinance $3.1 billion in sewer bonds fell apart.
The county, home to Birmingham, the state’s most-populous city, listed assets and debt of more than $1 billion in Chapter 9 papers filed today in U.S. Bankruptcy Court in Birmingham."
Article
Thursday, November 10, 2011
Jefferson County blows up
Subscribe to:
Post Comments (Atom)
Email address
kingfish1935@gmail.com
Support this site.
Mail donations to:
ATTN: Jackson Jambalaya
1220 E. Northside Dr., Ste 170, Box 189
Jackson, MS 39211
ATTN: Jackson Jambalaya
1220 E. Northside Dr., Ste 170, Box 189
Jackson, MS 39211
Marshall Ramsey
Clarion-Ledger
PACER: Southern Dist.
WAPT
Babylon Bee
Y'all Politics
The Rez News
And The Valley Shook
NMissCommentor
Calculated Risk
Recent Comments
Search Jackson Jambalaya
Most popular posts last week.
- Why Jackson Doesn't Work Reason #______
- Lumumba Lawyers Up
- Burn It All Down!
- Mississippi College Changing Name, Drops Football
- Mayfield Pleads Guilty
- Going Behind Closed Doors
- Thalia Mara Hall Manager Forced Out
- Mayor Responds to 5th Circuit Ruling on Airport Takeover Lawsuit
- Mary McPhoney's & Manager Sentenced for Fraud
- Coming Soon: The Kings of Tupelo
Subscribe to JJ's Youtube channel
Special Coverage
- ZeroBear PolyBear's Recipes
- Lamar Adams/Madison Timber Case
- The Gold Coast of Rankin County
- PERS Coverage
- Hinds County Coverage
- Frazier coverage
- JPS & Education
- Madison County coverage
- Heather Spencer Murder
- Steadivest fraud case
- Jackson interest-rate swaps/refinance of bonds
- Evans case
- Jackson Airport stuff
- Jackson EPA Emergency Order
- Jackson Water Crisis
Archives
-
▼
2011
(1047)
-
▼
November
(76)
- just got a tip.
- Support the Boys & Girls Club
- Be a playa with the Lynch Street Profit Gang
- Romney v. Romney
- Controversy for CARA in Chase contest
- Coming to a street corner near you
- Latest crime stats
- Time to get drunk.
- Ouch. Just ouch.
- UNDEFEATED!!!
- Report from the PERS October Investment Committee ...
- The Occupy crowd gets dumber and dumber
- Prayers for Dandy Don
- And now a word from our sponsor
- FOOD FIGHT!!!
- Mississippi near the top in disability payments.
- More comes out at Penn State
- Nothing like a good meltdown.
- Council refers Occupy Jackson to committee. Video ...
- Nothing like a good clean protester.
- Lamumba compares Whitwell to Bilbo (video)
- Suit accuses Canton Mayor of intimidation and pol...
- Saints fan takes wrong turn.
- Don't laugh
- The knuckleheads weigh in on Penn State
- Dear Tate and Philip,
- Help the ARF win $100,000 from Chase.
- Mississippi Republicans sell out to housing lobby
- Penn State update.
- Taxpayers pay for House Black Caucus to have fun i...
- The Fall of the Tribe of Hotty-Toddy
- Looking for real gas?
- Legit finance deal or shell game?
- My Fair Lady comes to Jackson this week
- WSJ: Cities misappropriate money from bonds
- Latest crime stats
- Cute little campaign trick.
- It just gets sicker.
- Eyes on the Prize is on Youtube
- WSJ: Online schools spread
- New poll
- More fireworks at the Hinds BOS Thursday (video)
- Remembering Veterans Day
- Sick. just sick.
- Graham takes offense to Fisher asking banker if he...
- Mississippi GOP Press Conference
- Wicker aide arrested for strip show at club
- Tollison switches
- Jefferson County blows up
- Somewhere out there, Jackie Sherill (NSFW)
- Check out CPR in Maywood Mart.
- WJNT this morning
- Post-election mortem
- Open thread for election night.
- Bankruptcy trustee alleges fraud by Investlinc fun...
- If you went to St. Phillips to vote this morning a...
- Editorial: Vote Denny
- New John Dennery ad
- Dan Jones email: Boone & Nutt out (Updated)
- Robert Graham: Dennery is a burger flipper.
- Guest column on Personhood Amendment
- This picture says it all.
- Don't forget: Robert Graham still likes to play po...
- Irby case dismissed.
- The Steadivest/Lee Paris connection
- Clarion-Ledger refuses to print response to Graham...
- The Downtown Light: Part II
- Tate Reeves gives $100,000 to party. Crisler hauls...
- Time to cash in
- Dammit. Allen Lutrick died.
- Its getting closer.......
- New Steve Simpson ad
- Who can forget this "shot" from the past?
- Lee Paris suspended by FINRA
- Tick tick tick tick tick
- As Downtown Turns
-
▼
November
(76)
The Kingfish's Favorite Posts
- Presenting the Mississippi State Capitol (Video)
- Editorial: The airport belongs to Jackson. Period.
- Kelly arrested for taking pics of Rose Cochran
- The Real Face of Mississippi Government
- PERS gets mo' money but funding level falls
- Majority black public school districts spend more, waste more, fail more
- Jackson's water bond failure: The REST of the story.
- Time to return fire on Banks
- Supervisor votes on projects next to land he owns
- Throwdown at the Levee Board
- Door shuts on another life
- Truth begins to come out in Irby case
- Judge orders interview of Irby
- Steadivest: Snakes or snake-bitten?
- Post-election thoughts
- Rest of the story about Crisler's shooting
- Jackson paying $4 million in fees
- Will Jackson end up like Birmingham
- Record-breaking fraud?
- FBI contacted MVT about Evans
- Heather Spencer police reports
- An open letter to John McCain
- Are your 401k's safe from Democrats?
- Democrats' Plans for Controlling the Media
- Who is Teresa Ghilarducci?
- Kingfish wins at Ethics Commission
- Tribe of Obama
- Berry V. Aetna (rankin County Cesspool)
- Incest in Dixie: Mississippi Legal Profession
- Jim Hood: Liar
- JFP Tax Problems? (See comments)
- The SafeCity Bill
- Isn't this called secession?
- A Black Governor in Mississippi?
- Time to grade Miles' exam
- Domestic Violence & Divorce in Mississippi
- Truthwatch, eh?
- What is Jackson Jambalaya?
- Election Night Thoughts
- Counter-Insurgency for Beginners
- Jazz for Beginngers
- Mayor Melton's Soljah
- A Leopard Can't Change His Spots, Can Jere Nash?
- Harborwalk Hoax?
- A Pox on All Your Houses
Local Media
- Y'all Politics
- WLBT
- West Jackson Facebook page
- WJTV
- The Northside Sun
- WAPT
- The Mississippi Link
- The Rez News
- Othor Cain
- Mississippi Magazine
- Jackson Free Press (Jackson, MS Alternative Weekly)
- Harborwalk Thread (Jackson's Latest Boondoggle)
- Darkhorse Press
- Clarion Ledger (Jackson, MS Gannett Newspaper)
- Clay Edwards Show
- Barksdale Today
- Supertalk Mississippi
Trollfest '09
Trollfest '07 was such a success that Jackson Jambalaya will once again host Trollfest '09. Catch this great event which will leave NE Jackson & Fondren in flames. Othor Cain and his band, The Black Power Structure headline the night while Sonjay Poontang returns for an encore performance. Former Frank Melton bodyguard Marcus Wright makes his premier appearance at Trollfest singing "I'm a Sweet Transvestite" from "The Rocky Horror Picture Show." Kamikaze will sing his new hit, “How I sold out to da Man.” Robbie Bell again performs: “Mamas, don't let your babies grow up to be Bells” and “Any friend of Ed Peters is a friend of mine”. After the show, Ms. Bell will autograph copies of her mug shot photos. In a salute to “Dancing with the Stars”, Ms. Bell and Hinds County District Attorney Robert Smith will dance the Wango Tango.
Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).
Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.
Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".
In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.
In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.
Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.
Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!
This is definitely a Beaver production.
Note: Security provided by INS.
Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).
Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.
Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".
In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.
In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.
Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.
Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!
This is definitely a Beaver production.
Note: Security provided by INS.
Trollfest '07
Jackson Jambalaya is the home of Trollfest '07. Catch this great event which promises to leave NE Jackson & Fondren in flames. Sonjay Poontang and his band headline the night with a special steel cage, no time limit "loser must leave town" bout between Alan Lange and "Big Cat"Donna Ladd following afterwards. Kamikaze will perform his new song F*** Bush, he's still a _____. Did I mention there was no referee? Dr. Heddy Matthias and Lori Gregory will face off in the undercard dueling with dangling participles and other um, devices. Robbie Bell will perform Her two latest songs: My Best Friends are in the Media and Mama's, Don't Let Your Babies Grow up to be George Bell. Sid Salter of The Clarion-Ledger will host "Pin the Tail on the Trial Lawyer", sponsored by State Farm.
There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.
If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!
This is definitely a Beaver production.
Note: Security provided by INS.
There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.
If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!
This is definitely a Beaver production.
Note: Security provided by INS.
22 comments:
Jackson take notes!
Can you say convention center hotel children ?
Councilman Twitterwell assures everyone that he is the master of due diligence.
@900, don't be stupid. A convention center hotel wouldn't produce near the amount of debt to bankrupt Hinds county.
The irony is, our water/sewer system needs a TON of work.
Man this is an ominous sign.
9:00 am here.
Not being stupid, just saying that now you have two city officials (Stokes & Lewis) who have shown poor judgement in the past moving into county positions. Will that move magically improve their thinking skills or can Hinds county look forward to the spread of blight that Jackson has become ?
The scary thing is how far the Sheriff's office will degenerate...
Twitterwell seems very self serving and a goober.. but he is better than the alternative
I don't think Jackson is in danger of going bankrupt, they always seem to find the money to rename something.
The convention center is drowning in red ink.
This will be Jackson in a few years, no doubt. May take longer, I guess.
Between the boondoggle hotel, the convention center that isn't covering debt service, the sudden move by the HindsCoBOS to immediately spend SEVENTY million$ more in bond debt to build the Byram-Clinton corridor faster, the water and sewer system collapsing underground in Jackson, monies needed to pay for Pearl River flood control and the ongoing exodus of business+people to an escape anywhere away from the staggering crime+millage of Jackson+Hinds the wilting tax base struggling to sustain Jackson and Hinds is on the verge of final depletion.
The bond pimps+pushers know their addicts are about to crash and are doing everything they can to sell them on one last fix of low interest rate drugs before Jackson+Hinds are forcibly committed to bankruptcy rehab.
Bend over Jackson and Hinds taxpayers. It is time for your colonoscopy and the news is bad.
New Sheriff and new Deputies riding into town. Department of Revenue into the Landmark ain't no done deal Pardner.
I don't feel sorry for Chase one bit. They got caught bribing Jefferson County officials, jacked up the fees, demanded their two lbs of flesh over and over. Hope they get a buzz cut instead of a haircut.
According to Jeff Good, in the article this morning, When/if construction starts on the hotel, ALL parking for the Convention Center will be lost, save for street parking. When the hotel is complete, only parking available for the Convention Center AND the hotel will be street level, since the parking garage was shelved (too costly). Good luck with that.
Don't worry 2:49. Councilman Twitterwell has it all under control. As he so often tweets he knows more than you do.
Councilman Twitterwell, 11:39 AM Oct 17th
As a Councilman, I balance what the public thinks is right with what I believe best for #JacksonMS.
2:49
This made me wish I had a bridge to sell.
"Before we issue any bonds, we've got to have an idea of what the deal is going to be," JRA executive director Jason Brookins said Wednesday. "We don't have a complete idea."
Clue- Buy a clue!
From C-L story "3 projects need cash". So do I! How can I get some?
Now Watkins wants Jackson taxpayers to finance the Farish fiasco. He's got Quentin's vote in his hip pocket.
Thank god Dupree lost. He had planned to rename Jefferson County Charles Evers County.
Nice piece in the NYT today summarizing the Jeff County fiasco. There are so many similarities to Jackson it is truly scary.
http://www.nytimes.com/2011/11/11/us/bankruptcy-rarely-offers-easy-answer-for-counties.html?_r=1&hp
Jackson could raise a lot of money quickly by selling the naming rights to municipal properties like the airport.
Oh, wait.........
my my...what GREAT "leaders" the "new South" has regurgitated...
Post a Comment