Looting Main Street. How America's Biggest Banks Looted America's Cities With Deals like Greece's

Honest journalism appears to have been lost long ago, if it ever existed. How can they be honest when they depend on their advertisers?

The answer is simple and your response is typical. Honesty and integrity are the basis for our government, as founded. Unfortunately, the truth, as exposed in your answer, is that human nature easily succumbs to temptation. In the battle between Good and Evil, Evil easily has the upper hand.

I am not being critical of you. I am just pointing out you are exposing the answer to the dilemma.

The initial bad guy was the judge and enviros who required an over-built sewage processing plant. With current impossible regulations, “zero tolerance” and “polluter pays, the enviros get cities and counties in a squeeze where they are forced to build a state of the art facility that they cannot possibly afford.

In our small rural county, we have an old unlined septage receiving pond. The regulations are so onerous that no municipality is able to enlarge its facilities to receive the stuff because the wrath of the water board would rain down upon it in expensive redesigns and upgrades. So the County is faced with building a $multi-million facility or telling half the county’s population to literally take a hike two hours trucking distance to the next county. Imagine the fuel and pollution costs of trucking sludge down the interstate.

Unfortunately, the county has already borrowed to the hilt to close nine landfills and build transfer stations to truck all the garbage out of the county to someone else’s lined landfill because the demands/fines of the water board made a local landfill impossible. The County is at a point where it defies state agency orders on the pond while it figures out a solution because it has no other realistic choice. It has already borrowed to the hilt on the landfills and there are no reasonable infrastructure financing programs available for a septage facility.

That is how cities and counties get into trouble.

Joined by well-intentioned citizens from the Cahaba River Society, the EPA sued the county to force it to comply with the Clean Water Act. In 1996, county commissioners signed a now-infamous consent decree agreeing not just to fix the leaky pipes but to eliminate all sewer overflows — a near-impossible standard that required the county to build the most elaborate, ecofriendly, expensive sewer system in the history of the universe. It was like ordering a small town in Florida that gets a snowstorm once every five years to build a billion-dollar fleet of snowplows.

I'm wondering why the author of this article holds the "Wall Street bankers in contempt," while those who were ultimately responsible for imposing the sewage treatment requirements on the county -- the EPA and "well-intentioned citizens" from an environmentalist group get a free pass.

I would venture to guess that there's a reason why this county never had a modern, state-of-the-art sewage treatments plant before 1996: It didn't have the financial means and/or the technical expertise to: (a) determine what kind of sewage treatment facility best suited their needs and their finances, (b) figure out how to finance the construction and operations of the facility, and (c) get it built.

None of this has changed since 1996. The county still can't afford a modern, state-of-the-art sewage treatment plant and still can't figure out how to build and operate one. The only difference is that now they have one, whether or not they can even afford it or operate it.

RE: The initial bad guy was the judge and enviros who required an over-built sewage processing plant

Here’s a theoretical question... what if we had county executives and mayors with BALLS you tell the judges to back off because the town/city/municipality DOES NOT HAVE the money to implement their grandiose plans? And what if the residents supported their leaders?

What can the judge do?

The following excerpt will fit in nicely with how the govt works, and gets "fleeced". You know that officials are getting "something out of it" every time expenditures make no fiscal sense.

QUILCENE — The Dabob Bay Natural Area near Hood Canal has been bolstered with the addition of 604 acres of forestland and 10 acres of shoreline, all placed into permanent conservation status. QUILCENE — The Dabob Bay Natural Area near Hood Canal has been bolstered with the addition of 604 acres of forestland and 10 acres of shoreline, all placed into permanent conservation status. Roughly half the land was taken out of Common School Trust status and placed into Natural Resources Conservation Area status. The state Board of Natural Resources compensated the school trust fund with $3 million, the value of the standing timber. That money came from a legislative appropriation and will be used for school construction. A legislative appropriation equivalent to the value of the underlying land — $581,000 — will be used to purchase replacement lands for the Common School Trust.

A thousand dollars an acre, what a deal. The school trust used to be land and the trees and crops on, it logged and sold to fund education. Now they take money from taxpayers, buy off the resource that was a steady source of income for the state schools, and put it permanently off of the tax rolls of the state. You and I both know, for anyone to acquire another 600 acres of land from a private party, will cost vastly more to replace this plot. Something like this happened in our city a few years ago. The city built a sewer treatment plant at an expanded cost from estimates. The neighborhood was affected because of there being no lid on the cooking tank. The smell was horrible, and affected a large swath of private homes. The city spent millions more putting a lid on the tanks, and the average sewer bill soared to over $50 a month, from $15, of course tied to water usage. The smell still was too much for people to tolerate, so the housing began to be rented out at discount rates. The neighborhood devolved into very low income, and drug housing. The govt then decided to buy out the homes, to create a "smell easement". After bulldozing the 54 homes affected, the city rezoned the land commercial, sold it to a car company for $2 Million dollars, well under its value as it is now being used.

The point being, govt used the system to both tax citizens to the breaking point, ruined taxpayers homes, then used the process again to make a profit for them. In the meantime, the unions, construction companies, the sewer district and a car lot both made out like bandits. I am quite sure elected officials did to.

Unrestrained govt, fleecing citizens from Alabama to Washington.

Back when I was in college learning to become an engineer, I did a report on the new (at that time) Clean Water Act. It came about because local governments, counties, and even state governments failed in their duties. They were disposing of raw sewage into rivers and streams and let everyone downstream cope with their crap (literally). Because cities, counties, and states failed, the Federal Government stepped in.

At first, the regulations were reasonable. Like anything else in government, though, they eventually became unreasonable. It has taken nearly 40 years for that to happen. But now, the runoff from RAINWATER has to be treated in some of the largest cities. It will spread to the smallest ones in a few years. After that happens, who knows what the EPA will require then. I am sure they will not stop.

I have thought about this many times trying to make sense of the relationship between the Feds and the States (and counties, and cities, for that matter). There is no doubt in my mind that what was being done before the late 1960’s was wrong. It was immoral. It is not right to contaminate the drinking water of everyone downstream of a place even though it is cheaper for them to dump crap in a nearby stream instead of treating. There was a need to have the Feds step in since local governments refused to do that. However, how do you stop the Feds once they get started down this path?

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