Category Archives: culture and cycle of dependency

Cate Long, expert on Puerto Rico’s dysfunction, says PR government bureaucracy is one key problem holding PR back

This is well worth the time to listen to Cate Long in this podcast.  Many of her common sense ideas are similar to those as posted here.  In order for Puerto Rico to prosper, there must be a framework where it … Continue reading

Posted in +best, most popular posts about Puerto Rico, corruption, culture and cycle of dependency | Tagged , , , , , , , , , , , | Leave a comment

Are you angry at corruption by Puerto Rican politicians? Now you can donate online to an organization formed to combat corruption, dishonesty, incompetence, and mismanagement by government officials in Puerto Rico

A new organization was formed to fight dishonesty in Puerto Rico’s government, by filing lawsuits.  I don’t know why it took so many years for someone to come up with this great idea, as the average Puerto Rican has been … Continue reading

Posted in +best, most popular posts about Puerto Rico, corruption, culture and cycle of dependency, incompetence and mismanagement, Puerto Rico economic crisis, Puerto Rico necessary improvements, Puerto Rico politics and government, Puerto Rico Puerto Rican unprofessionalism makes it difficult to conduct business | Tagged , , , , , , , , , , , , , , | Leave a comment

Puerto Rico gov unveils budget critics say is unrealistic. Some claim her free stuff giveaways are a scheme to attempt to win the election for governor.

Wow!   What an incredible vote-buying proposal.  Announce you will give many different groups free money and free stuff in order to help your chances of winning the election, even though you don’t have the money to fund all the proposals. … Continue reading

Posted in corruption, culture and cycle of dependency, Puerto Rico > Venezuela > Socialism, Puerto Rico economic crisis, Puerto Rico politics and government | Tagged , , , , , , , , , , , , | Leave a comment

Puerto Rico Cannot Live Forever on Federal Funds. Breaking with the culture of dependency is necessary

The solution is high quality job growth, not funneling more people into generational welfare. https://www.theweeklyjournal.com/opinion/opinion-puerto-rico-cannot-live-forever-on-federal-funds/article_4fb189b8-8fb4-11ea-97c5-ab866ff500af.html [OPINION] Puerto Rico Cannot Live Forever on Federal Funds Breaking with the culture of dependency is necessary Gustavo Vélez, Inteligencia Económica May 6, 2020 Perhaps … Continue reading

Posted in culture and cycle of dependency, incompetence and mismanagement, Puerto Rico economic crisis, Puerto Rico necessary improvements, Puerto Rico politics and government | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

How Socialism Destroyed Puerto Rico, and How Capitalism Can Save It

https://finance.townhall.com/columnists/peterschiff/2015/07/16/how-socialism-destroyed-puerto-rico-and-how-capitalism-can-save-it-n2025956 How Socialism Destroyed Puerto Rico, and How Capitalism Can Save It Peter Schiff | Posted: Jul 16, 2015 12:01 AM While Greece is now dominating the debt default stage, the real tragedy is playing out much closer to home, … Continue reading

Posted in +best, most popular posts about Puerto Rico, culture and cycle of dependency, incompetence and mismanagement, minimum wage laws are harmful to society, Puerto Rico > Venezuela > Socialism, Puerto Rico necessary improvements, Puerto Rico politics and government, Puerto Rico Puerto Rican unprofessionalism makes it difficult to conduct business | Tagged , , , , , , , , , , , , , | Leave a comment

Building a non-violent Puerto Rico

https://www.elnuevodia.com/english/english/nota/buildinganon-violentpuertorico-2571555 Building a non-violent Puerto Rico The high incidence of criminal activity linked to organized crime during this last long weekend – on the eve of the new economic and social activities reactivation stage, as part of easing certain social … Continue reading

Posted in crime, culture and cycle of dependency | Tagged , , , , , , , | Leave a comment

Fiscal Oversight Board: Puerto Rico to see 65% surplus drop amid debt crisis

While unfortunate for those who lose their jobs, Puerto Rico needs to reduce government employees with deep cuts.   Additionally, all the money lost to corruption, waste, and mismanagement would save billions more. https://www.dailymail.co.uk/wires/ap/article-8360079/Board-Puerto-Rico-65-surplus-drop-amid-debt-crisis.html Board: Puerto Rico to see 65% surplus … Continue reading

Posted in culture and cycle of dependency, incompetence and mismanagement, Puerto Rico economic crisis, Puerto Rico necessary improvements | Tagged , , , , , , , | Leave a comment

Puerto Ricans blindly follow their corrupt government, according to Simon Black

House Cats or Human Beings? House Cats or Human Beings? Simon Black May 19, 2020 Bahia Beach, Puerto Rico One of the more flummoxing aspects about living in Puerto Rico is that the political leadership is never-ending parade of highly … Continue reading

Posted in +best, most popular posts about Puerto Rico, analysis and opinion, corruption, culture and cycle of dependency, incompetence and mismanagement, Puerto Rico Coronavirus Covid-19 | Tagged , , , , , , , , , , , , , , | Leave a comment

Puerto Rico is shovel-ready for the COVID-19 recovery

https://thehill.com/opinion/finance/497415-puerto-rico-is-shovel-ready-for-the-covid-19-recovery Puerto Rico is shovel-ready for the COVID-19 recovery By Jorge Heine and Kevin P. Gallagher, opinion contributors — 05/13/20 05:00 PM EDT 43 The views expressed by contributors are their own and not the view of The Hill © … Continue reading

Posted in culture and cycle of dependency, Puerto Rico economic crisis, Puerto Rico necessary improvements | Tagged , , , , , , , , , , , | Leave a comment

The PREPA debt deal and the future of Puerto Rico creditworthiness. Consequences of not honoring your commitments, not keeping your promises are a damaged reputation, breach of trust

How can the Puerto Rican government be trusted when they don’t honor their commitments?  When you declare bankruptcy, stiffing the creditors, the rates you pay on future loans, if you can get one at all, will be much higher. The … Continue reading

Posted in analysis and opinion, corruption, culture and cycle of dependency, incompetence and mismanagement, Puerto Rico economic crisis, Puerto Rico necessary improvements, Puerto Rico Puerto Rican unprofessionalism makes it difficult to conduct business | Tagged , , , , , , , , , , | Leave a comment