Are the US taxpayers obligated to bail out Puerto Rico

Discussion in 'Politics' started by JGalt, Sep 29, 2017.

?

Is it fair that they get taxpayer-funded hurricane assistance?

  1. Yes

    29 vote(s)
    69.0%
  2. No

    13 vote(s)
    31.0%
  1. keepitreal
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    keepitreal Platinum Member

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    Well, you're half right, let me tell you what you got wrong

    Money is not disappearing, for lack of supervision...

    Oh no, Congress created their financial woes, then,
    put themselves in charge of their finances, some time ago...
    Add Wall Street to the equation, and there you have it.

    Once again, fucked every which way til Sunday,
    by the greedy wolves of Wall Street and corrupt politicians!

    If we keep allowing them to do, what they've always done,
    we'll keep getting, what we've always gotten...
    NOTHING CHANGES, IF NOTHING CHANGES!

    Awhile back, I came across a news piece.
    Congress, would be deciding whether or not
    Puerto Rico would become our 51st state.

    Reading the article produced a ton of questions
    So, naturally, I Googled

    The more I learned, the more I Googled,
    the more I Googled, the more I discovered

    What a fucking mess!
    I KNEW Congress would give Puerto Rico
    the middle finger and not two thumbs up!

    I don't know how but, I believe
    the devastation in PR from the hurricane,
    somehow, provides a solution or opportunity
    to what can turn into, 2008 part 2!

    Links you can find out more

    Wall Street's Role in Puerto Rico's Debt Woes

    Banks Rack Up Big Fees from Puerto Rico Bond Deals

    How Wall Street has Profited from Puerto Rico's Misery











    Congress was well aware that PR was creating
     
    • Informative Informative x 1
  2. deanrd
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    deanrd Gold Member

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    If we can bail out Red States, then we can bail out Puerto Rico.
     
  3. cnm
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    cnm Diamond Member

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    Oh, you are unique, no question.
     
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  4. Vandalshandle
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    Vandalshandle Gold Member

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    Sorry, Frank. Trump speaks on a 3rd grade level, and everything he says is simply misinformation and lies. You on the other hand, babble in gobbledegook, and say nothing. It is difficult to switch back and forth. it is like listening to Sarah Palin describing Paul Revere's ride, while reading a William F. Buckley article about trickle down economics at the same time.
     
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    Last edited: Oct 1, 2017
  5. Kondor3
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    Kondor3 Cafeteria Centrist

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    Why don't you tell us all about the marvelous job that the Islamic world is doing to take-in and assimilate and provide relief for millions of Syrian war refugees?
     
  6. Kondor3
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    Kondor3 Cafeteria Centrist

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    Not when it interferes with humanitarian relief after a catastrophic event that threatens life and health on a massive scale.
     
  7. longknife
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    longknife Diamond Member

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    Here is something about the resources of Puerto Rico from What are the natural resources of Puerto Rico?


    The two main minerals found in Puerto Rico are nickel and copper. These minerals are mined and then used in various manufacturing processes, both in Puerto Rico and in other areas of the world. Construction companies use gravel, stone and sand gathered in Puerto Rico for various projects, such as building homes and businesses. Many tourists love the beaches of Puerto Rico, which are also where fish gather for an abundant food supply. Not only does the area supply large quantities of seafood, it also provides access to a large store of crude oil, which is drilled in the ocean waters. This provides jobs and fuel for Puerto Rico's citizens.

    The farmlands have soil that is rich in nutrients, allowing nearly year-round growth of various crops. Some of the world's supply of pineapples, coffee, sugarcane and bananas comes from Puerto Rico. Trees for firewood and timber for building are also abundant in the forests.
     
  8. Windparadox
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    Windparadox Senior Member

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    abundant in the forests.[/QUOTE]
    `

    Puerto Rico's future lays in agriculture and tourism. The entire mineral wealth of PR cannot sustain the economy. Industry is not a viable option. Who is going to invest in a "failed state?" The banks and wall street are willing to invest BUT want oversight and control and doing that will further plunge Puerto Rico in debt. The ruling 1% there has to go first before anything can be done.
     
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  9. Frankeneinstein
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    Frankeneinstein VIP Member

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    From the above post one could easily draw the conclusion that you do not understand anything you read.
     
  10. Vandalshandle
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    Vandalshandle Gold Member

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    One could easily reay your post and come to the conclusion that you take yourself much more seriously than others do.
     
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