GOP gubernatorial candidate Robert Bentley has come out in favor of Birmingham defaulting on it's sewer debt and seeking Chapter 9 bankruptcy protection***:
State Rep. Robert Bentley of Tuscaloosa said filing for bankruptcy is the most reasonable way to begin discussions to end the financial crisis in Jefferson County.I would be interested to see where some of the other candidates stand on encouraging the largest municipal bankruptcy in the history of this country. I'm not saying whether Rep. Bentley is wrong or right, but an interesting question indeed.
He said the crisis over the sewer debt must be resolved because Jefferson County, which includes Alabama's largest city, Birmingham, is the state's economic center.
***Footnote: On Rep. Bentley's side is Alabama investment mogul David Bronner who also advocates bankruptcy.***
