{"id":4903,"date":"2008-03-03T22:32:01","date_gmt":"2008-03-03T22:32:01","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/whats_going_on_in_jefferson_county_alabama\/"},"modified":"2008-03-03T22:32:01","modified_gmt":"2008-03-03T22:32:01","slug":"whats_going_on_in_jefferson_county_alabama","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=4903","title":{"rendered":"Whats going on In Jefferson County Alabama?"},"content":{"rendered":"<p>The Birmingham News reported on Sunday that Alabama&#8217;s Jefferson County&#8217;s financial options are quickly shrinking after a large credit downgrade late Friday left the cash-strapped county with few options and increased the chances of bankruptcy. The abrupt downgrading of the county&#8217;s sewer bonds to junk status by Standard &#038; Poor&#8217;s sent county officials scrambling&#8230; Moody&#8217;s Investors Service last week said Jefferson County&#8217;s menagerie of complex financial structures is unprecedented and that the county is teetering on default; furthermore they noted that its situation is opaque to outsiders who can&#8217;t get updated information from commissioners&#8230; The crisis stems from the collapse of Jefferson County&#8217;s sewer bonds.<\/p>\n<p><a href=\"http:\/\/www.al.com\/news\/birminghamnews\/index.ssf?\/base\/news\/1204449352129700.xml&#038;coll=2\">Read more about it all here<\/a>.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Birmingham News reported on Sunday that Alabama&#8217;s Jefferson County&#8217;s financial options are quickly shrinking after a large credit downgrade late Friday left the cash-strapped county with few options and increased the chances of bankruptcy. The abrupt downgrading of the<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=4903\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149],"tags":[],"class_list":["post-4903","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/4903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4903"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/4903\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}