7 thoughts on “JP Morgan’s Goodfellas Approach To Beleaguered Alabama County: “Sewage Problems? Fuck you, pay me!””
MEJ
“It’s about as ugly as it could possibly be,” said Matt Fabian, managing director at Municipal Market Advisors. “The county has been taking an incredibly aggressive stance.”
Well it is about time! I think Montgomery County should pull an “Iceland” and develop a backbone. Also, aren’t contracts made under fraudulent circumstances considered unenforceable?
Counties were following the country’s, banks and US guberments lead of living on debt. Now that it’s catching up to everyone, banks are saying, “What were you thinking?! It’s called a ‘setup’. Counties can’t print money but the criminals who lead them into this trap, can.
“It’s about as ugly as it could possibly be,” said Matt Fabian, managing director at Municipal Market Advisors. “The county has been taking an incredibly aggressive stance.”
Well it is about time! I think Montgomery County should pull an “Iceland” and develop a backbone. Also, aren’t contracts made under fraudulent circumstances considered unenforceable?
Let me count the ways …
“More U.S. cities set to enter default danger zone”
http://www.reuters.com/article/2012/04/17/usa-defaults-outlook-idUSL1E8EN2V520120417
Who has been watching the store?
http://www.youtube.com/watch?v=5ydqjqZ_3oc
Counties were following the country’s, banks and US guberments lead of living on debt. Now that it’s catching up to everyone, banks are saying, “What were you thinking?! It’s called a ‘setup’. Counties can’t print money but the criminals who lead them into this trap, can.
Decolonialization?
Decolonization: The End of Empire? – Professor Richard J. Evans
http://youtu.be/-LzatfgOQ9c
Or…
Lotte Lenya – Alabama-Song
http://www.youtube.com/watch?v=yUZQVpqMDLw
JP Morgan was accused of bribing the officials that were convicted of taking the bribes. Why isn’t the briber in jail with the bribee?
JP Morgan should be on the hook.