I don't really understand why fixing PR is the responsibility of the US taxpayer. They are not a state and do not pay US income taxes. They do not appear to be overly grateful for the extraordinary assistance they have been provided, not that that is anything new for welfare recipients.
San Juan Mayor Fumes After Top Trump Official Calls Puerto Rico Response A ‘Good News Story’
- Thread starter Tony Stark
- Start date
Anyone with a functioning set of values can see these athletes as excellent role models and favorably compare them to the revolting thugs who represent the NFL. I saw no kneeling, raised fists or other signs of disrespect to our country or president. They proudly represented their country in an international competition and were honored to have their president present the trophy.
This was a very gracious gesture by Trump. Last year the PGA Tour removed its tournament from his iconic Blue Monster course and moved it to Mexico, supposedly at the insistence of the sponsor Cadillac. Trump could have easily given them the cold shoulder but instead lent his prestige to the award ceremony, something his predecessor obama never did.
Puerto Rico is bankrupt. This in not just political hyperbole. They were/are involved in bankruptcy proceedings in federal court when the hurricane struck. You see the various libtards talking about how dems will have a field day with republicans on the puerto rico issue because we need to get puerto rico back to where they were before. Uh no. Any help they get should be in the direction of not getting back to the same plantation mindset as before.
I expect Obama to pipe up soon and say that he did his part to help Puerto Rico get on the right track by commuting the sentence of the puerto rican terrorist killer independence bomber. Way to go Dufus. I guess this is what you get when you elect a guy who launched his political career in Bill Ayer's living room. Piezo, you should read up on who Bill Ayers is.
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Personally I think it would be foolish to commit to a bailout without a plan in place to get rid of corruption in the Island government. Puerto Rico is a U.S. Territory and ultimately the buck stops with the U.S. federal government. I would favor putting the Island under indefinite receivership and sending in teams from the State Department, to manage day to day affairs, and from the Justice Department and FBI, to investigate former officials and where warranted indict and try. The legality of certain bond issues, those that appear to have been issued in violation of the Island's Constitution, has to be settled. This may include negotiated haircuts to some bond holders. The pension plan has to be made whole. And infusion of money from the U.S. is absolutely necessary.
The current approach of the control board is not good and will fail to fix the underlying problems. It is simply a stop gap measure. As with Greece, austerity is not the correct approach. The Jones act, which is very crippling to the P.R. economy, must be permanently repealed as an early step to improving the Island economy.
The best way to extract the Island from its untenable economic position is to grow the Islands GDP and this will necessitate a government-run jobs program as the employer of last resort. Puerto Rico has tremendous natural resources, these can be the source of a sound economy and growing GDP that can lift the Island out of poverty over time. But the very first thing that must be dealt with is governance.
If you talk about very deep corruption there - involving officials who used a state stamp to flip loans - well, not likely to get all these people who can face jail times to accept a clean up.
Don't kid yourself. Most Puerto Ricans cannot afford to relocate themselves. You are vastly overstating the migration. Younger Puerto Ricans who can migrate will, but to Texas, Florida, New York, California, etc. That had already begun before the storm.
The island's future will be a slow death. Mostly self-inflicted.
You may be right, but my information differs. From what I am told, there is first of all a large and continuing migration from Puerto Rico to the U.S.; something I think we agree on. However my sources on the Island tell me that South Florida is the number one destination and particularly the Miami area. An obvious reason for this is that Miami has a huge concentration of Spanish speaking citizens. There are entire sections of the city where English is rarely heard. But there is a second and equally, if not more, important factor and that is the existing population of Puerto Ricans. Some major metropolitan area have even more Spanish speakers, Los Angelos has twice as many as Miami! But the concentration of Puerto Ricans is much lower, as is the concentration of Spanish Speakers (but not by much). Both New York and Chicago have a much lower concentration of Spanish Speakers. New York has the highest number of Puerto Ricans followed not far behind by Miami, but Miami has twice the concentration of Spanish speakers, not to mention the climate is like that of Puerto Rico. Revisit this topic in ten years and you will likely see that I am right. South Florida will be the number one recipient of Puerto Ricans currently migrating to the U.S. Whether it will eventually be enough to turn the political Table is a guess, but it seems it could be, as Florida is already purple.
I don't share at all your assessment of Puerto Rico's future. I believe it could be brighter than it has ever been since the Spanish American War. But it depends entirely on how forward looking U.S. policy becomes. We can't expect anything very positive until Trump is off the golf course and out of the Oval Office. It is almost as though we borrowed a Puerto Rican politician to be our President.
Puerto Rico is bankrupt. This in not just political hyperbole. They were/are involved in bankruptcy proceedings in federal court when the hurricane struck. You see the various libtards talking about how dems will have a field day with republicans on the puerto rico issue because we need to get puerto rico back to where they were before. Uh no. Any help they get should be in the direction of not getting back to the same plantation mindset as before.
I expect Obama to pipe up soon and say that he did his part to help Puerto Rico get on the right track by commuting the sentence of the puerto rican terrorist killer independence bomber. Way to go Dufus. I guess this is what you get when you elect a guy who launched his political career in Bill Ayer's living room. Piezo, you should read up on who Bill Ayers is.
"On the road to nowhere". That sums it up perfectly.