Tag Archives: debt

Puerto Rico struggles to save historic buildings amid crisis

Another consequence of fiscal irresponsibility. http://abcnews.go.com/International/wireStory/puerto-rico-struggles-save-historic-buildings-amid-crisis-48367251 Puerto Rico struggles to save historic buildings amid crisis By danica coto, associated press ·SAN JUAN, Puerto Rico — Jun 30, 2017, 2:30 AM ET In this June 22, 2017 photo, architect Andy Rivera … Continue reading

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For Sale: Puerto Rico Territory seeks private companies to run ports, airports, ferries, and more; utilities could be next

Puerto Rico does it better as their slogan claims?  What have they done better and better than whom?  Puerto Rico politicians again choosing short-term thinking over long-term thinking by selling off critical infrastructure.   Then again, a private-public partnership is likely … Continue reading

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US to cut water monitoring because of Puerto Rico debt

When you don’t pay your bills, your services get cut off.   Things like this make Puerto Rico more like Venezuela.  Socialism is mistakenly thought of as “great” until the money runs out.  People are short-sighted, voting for politicians who promise … Continue reading

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Puerto Rico statehood push faces long odds

  http://thehill.com/latino/338219-puerto-rico-statehood-push-faces-long-odds Puerto Rico statehood push faces long odds By Rafael Bernal – 06/17/17 08:55 AM EDT 114   © Getty Images Puerto Rico’s government made a huge political gamble on mounting a credible campaign for statehood, a proposition that … Continue reading

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Inside Venezuela: The Socialist Haven on the Brink of Total Collapse

Puerto Rico similarities to Venezuela – The results of Socialism http://www.breitbart.com/national-security/2017/06/12/exclusive-inside-venezuela-socialist-haven-brink-total-collapse Inside Venezuela: The Socialist Haven on the Brink of Total Collapse FEDERICO PARRA/AFP/Getty Images by Ben Kew12 Jun 20170 12 Jun, 2017 13 Jun, 2017 CARACAS, Venezuela – Even … Continue reading

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Far from NYC parade, Puerto Ricans to vote on island’s fate

http://nypost.com/2017/06/09/far-from-nyc-parade-puerto-ricans-to-vote-on-islands-fate Far from NYC parade, Puerto Ricans to vote on island’s fate By Danika Fears June 9, 2017 | 12:13am Thousands of Puerto Rican revelers clad in red, white and blue will hit the streets of New York City on Sunday … Continue reading

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Puerto Rico to Vote Sunday on Statehood 6-9-17 WSJ.com

https://www.wsj.com/articles/puerto-rico-to-vote-sunday-on-statehood-1497026520 Puerto Rico to Vote Sunday on Statehood Nonbinding election comes as U.S. territory fights creditors after declaring what amounts to the country’s largest-ever municipal bankruptcy By Arian Campo-Flores June 9, 2017 12:42 p.m. ET 133 COMMENTS Voters in Puerto … Continue reading

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