Category: Alabama

The financial ‘nuclear option’

15 November, 2011 (11:57) | Alabama, Bankruptcy, Birmingham, Cities, Infrastructure, Jefferson County, Municipal bankruptcy, US News, Workouts |

By: David A. Smith   So far has the actual use of nuclear weapons retreated from public consciousness that it has lost its reality, and hence its power to shock, with everything from senatorial procedures to union negotiations described as weighing a ‘nuclear option.’  But last week, in Birmingham, the phrase seems justified as it [...]