Press Releases & Articles

 

33% Budget Cuts for District 5 Office

Birmingham, Alabama, June 23, 2009 – The loss of operating revenues previously generated by Jefferson County’s occupational tax impacts everyone from its employees to the citizens we are paid to serve. Those we ask to make significant sacrifices to adjust for the current financial crisis should not be required to do so by those who are not willing to share the burdens.

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SEC Enforcement Action Against JP Morgan

Birmingham , Alabama, May 8, 2009 – I am extraordinarily encouraged by the United States Securities and Exchange Commission approval of an enforcement action against JP Morgan Chase & Co. for securities law violations over bond and swap sales for Jefferson County, Alabama.  I have long advocated that Wall Street created most of this disaster, not the County’s citizens. I have consistently opposed proposals that place additional taxes and excessive rate increases on this County’s citizens for the benefit of Wall Street.

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Jefferson County Sewer Debt: SEC must take steps against JP Morgan

Posted by Jim Carns May 17, 2009

Will the Securities and Exchange Commission at last take action against JPMorgan Chase & Co., relative to the egregious abuse against Jefferson County?

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FOX Business: Largest-Ever Bankruptcy for U.S. County?

FOX Business reports on Jefferson County's sewer debt issues.

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