Category Archives: Puerto Rico economic crisis

Puerto Ricans Face ‘Sacrifice Everywhere’ on an Insolvent Island

  https://www.nytimes.com/2017/05/06/us/puerto-rico-insolvency-business-owners-anxiety.html Puerto Ricans Face ‘Sacrifice Everywhere’ on an Insolvent Island By FRANCES ROBLESMAY 6, 2017 Workers at the Río Piedras terminal in San Juan, Puerto Rico, face waning business. Transportation businesses have been hurt by the economic crisis as … Continue reading

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Lin-Manuel Miranda: Puerto Rico needs “debt forgiveness” to recover

Since Lin-Manuel Miranda believes the debts that Puerto Rico incurred should be forgiven, to not honor the commitment to pay their loans, will Miranda stop charging for all his Hamilton shows or allow  you to “promise” to pay later?  A … Continue reading

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Socialism killed Puerto Rico too, not just Greece

  https://www.cnbc.com/2015/07/02/like-greece-puerto-rican-debt-is-all-about-socialism.html Socialism killed Puerto Rico too Jake Novak | @jakejakeny Published 12:34 PM ET Thu, 2 July 2015 CNBC.com Getty Images Capitol building in San Juan I hope no one here in the U.S. is feeling too smug about … Continue reading

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Why are we ignoring this colossal socialist failure in Greece? Similarities to Puerto Rico

  https://www.cnbc.com/2015/07/01/greek-disaster-is-all-about-socialism.html Why are we ignoring this colossal socialist failure? Jake Novak | @jakejakeny Published 1:41 PM ET Wed, 1 July 2015 Updated 3:13 PM ET Mon, 6 July 2015 CNBC.com Marko Djurica | Reuters Pro-Euro protestors attend a rally … Continue reading

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

Puerto Rico’s Democratic entrenchment fuels its own death spiral

Democrats in Puerto Rico INTENTIONALLY Keeping Power Off to Hurt Trump By Kevin Jackson – January 19, 2018 Democrats in Puerto Rico INTENTIONALLY Keeping Power Off to Hurt Trump The plot thickens in Puerto Rico. The Democrats there believe they … Continue reading

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Oversight board gives Puerto Rico gov until Feb. 12 to make changes to fiscal plans

Many good ideas in the recommendations. http://caribbeanbusiness.com/oversight-board-gives-puerto-rico-gov-until-feb-12-to-make-changes-to-fiscal-plans Oversight board gives Puerto Rico gov until Feb. 12 to make changes to fiscal plans By Eva Lloréns Vélez on February 5, 2018 SAN JUAN – Puerto Rico Financial Oversight and Management Board … Continue reading

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FEMA Contract Called for 30 Million Meals for Puerto Ricans. 50,000 Were Delivered

  FEMA Contract Called for 30 Million Meals for Puerto Ricans. 50,000 Were Delivered. Leer en español By PATRICIA MAZZEI and AGUSTIN ARMENDARIZFEB. 6, 2018 Residents of San Isidro, P.R., waited for food and water in October. Credit Erika P. … Continue reading

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