Song for Birmingham…

The bankruptcy of America continues. One question though… If you foreclose on a city…

Does everybody have to leave? Joking aside, this has to be frustrating as hell for the folks of Jefferson County.

Alabama county files biggest municipal bankruptcy

Alabama’s Jefferson County filed for bankruptcy court protection on Wednesday in the biggest municipal bankruptcy in U.S. history.

Commissioners for the county, which is home to Birmingham, the state’s biggest city and economic powerhouse, voted 4-1 to declare bankruptcy after meeting behind closed doors for two days in a last ditch-attempt to restructure its debt out of court.

A tentative deal reached with creditors in September to settle $3.14 billion in red ink had been widely expected to avert bankruptcy. But the deal fell apart over what the commission described as creditors’ refusal to meet the terms of previously agreed economic concessions.

There was also frustration over the fact that the estimated savings from the September agreement had shrunk by about $140 million, commission sources said.

“In September 2011, the commission and receiver entered into a comprehensive term sheet setting forth a framework for the resolution of the sewer system crisis,” the commission said in a press release announcing the bankruptcy filing.

“Creditors ultimately were unwilling to make the economic concessions contemplated in the term sheet and the receiver made additional demands inconsistent with the term sheet that the commission was unwilling to accept.”

The commissioners, who are elected and not political appointees, are the final arbiters over much of the county’s business and day-to-day municipal affairs.

The bankruptcy filing by the southern U.S. county will add to concerns about the risks in the $3.7 trillion U.S. municipal bond market, which was hit recently by the high-profile debt crisis in Pennsylvania’s capital of Harrisburg.

In addition to Harrisburg, which filed for bankruptcy last month, just two other cities — Vallejo, California and tiny Central Falls, Rhode Island — have declared bankruptcy in recent years since the onset of the U.S. financial crisis.

 

Fred Shuttlesworth – Civil Rights Pioneer

A brave sould has passed. Fred Shuttlesworth was one of the early leaders in Birmingham, Alabama who spoke out from the pulpit – and survived beating beaten and bombed as a result.

Wish we still had some leaders around with his sort of courage.

“I went to jail 30 or 40 times, not for fighting or stealing or drugs.  I went to jail for a good thing, trying to make a difference.” –  Fred Shuttlesworth to a group of schoolchildren in 1997

Birmingham civil rights leader Fred Shuttlesworth dies

The Rev. Fred Shuttlesworth, who was once described by Martin Luther King Jr. as “the most courageous civil rights fighter in the South,” died in Birmingham, Alabama, on Wednesday at age 89.

Shuttlesworth, who had been in declining health, passed away at the Princeton Baptist Medical Center, hospital spokeswoman Jennifer Dodd told Reuters.

A major leader in the civil rights movement, Shuttlesworth was beaten, bombed and injured by fire hoses for his public stances against segregation in Birmingham in the 1950s and 1960s.

Though he and King worked closely together and both helped found the Southern Christian Leadership Conference, Shuttlesworth often bristled against his more contemplative counterpart.

“He was sometimes slow in doing things. Too slow for me,” Shuttlesworth said in an interview at age 85. “He’d meditate on things a lot and agonize over them. I think if things need doing, be about them.”

Shuttlesworth, who served as pastor of the Bethel Baptist Church and several other churches in Birmingham, began hammering away at that city’s hard shell of segregation in the early 1950s.

He formed the Alabama Christian Movement for Human Rights in May 1956 and urged its members to take a stand against segregated buses. He refused to relent even after his home was bombed on Christmas Day in 1956. He and his family escaped unharmed.

“When he came out covered in rubble, we knew he was anointed to lead the movement,” the late Rev. Abraham Woods, a fellow activist, said in a 2007 interview.

Warned by a Klansman police officer to vacate the city, Shuttlesworth said he shot back: “I wasn’t saved to run.”

The minister later was beaten by a mob with baseball bats, chains and brass knuckles as he tried to enroll his children in an all-white school and hospitalized after being sprayed by fire hoses during a demonstration against segregation.

Shuttlesworth once told Reuters he had expected to die by age 40 for his civil rights efforts. He had vowed “to kill segregation or be killed by it.”

For his own safety, he left Alabama in 1961 to lead a church in Cincinnati, Ohio. But he still marshaled forces for change in the South, including helping organize the historic march for voting rights from Selma to Montgomery in 1965.

The march ended in a bloody police attack, sparking civil rights protests.

During a commemoration of “Bloody Sunday” in March 2007, then-presidential candidate Barack Obama pushed Shuttlesworth in his wheelchair across the Edmund Pettus Bridge, where the attack occurred.

“We have truly lost a great soldier, a warrior for civil rights,” Jefferson County Commission President Pro tem Sandra Little Brown said. “I am serving on the back of the changes that he was a part of for people of color.”