I'm with Trump on this: If he can wipe off millions of debt why can't PR

Discussion in 'Politics' started by bendog, Oct 4, 2017.

  1. bendog
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    bendog Gold Member

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  2. Siete
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    Siete Gold Member

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    that old fart can't wipe his own ass much less debt.

    big hero mouth - look at me .. no more, no less.

    he had to make geraldo goo his shorts while there was a camera and microphone present.
     
  3. ColonelAngus
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    ColonelAngus Gold Member

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    PR is corrupt as fuck.

    Liberals and criminals bankrupted an island with over $2 billion/ year in tourism revenue.
     
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  4. bendog
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    bendog Gold Member

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    But Obama didn''t say PR's debt would be "wiped out?" And he wasn't even an American!
     
  5. ScienceRocks
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    ScienceRocks Democrat all the way!

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    Both texas and Florida owe more debt. I guess they should be included.
     
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  6. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    This thread is not about Obamaphones. Get back on topic
     
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  7. ColonelAngus
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    ColonelAngus Gold Member

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    Derp
     
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  8. Siete
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    Siete Gold Member

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    Trump lying, and his handlers covering for him ?

    Roger that.
     
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  9. TheDude
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    TheDude Gold Member

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    He's simply being realistic about repayment of the debt, which will never occur. Judging by how poorly managed PR is, I'd like to see them released as a territory. Near as I can tell, they're no value to the US.
     
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  10. ColonelAngus
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    ColonelAngus Gold Member

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    Puerto Rico is a banana republic. Straight up.

    THEY HAVE A POPULATION OF 3 MILLION, AND ANNUAL TOURISM REVENUE OF $ 2 billion....that's just tourism.

    $70 billion of debt...for 3 million people? :badgrin::badgrin::badgrin::badgrin::badgrin::badgrin::badgrin:

    What can't liberals STOP SPENDING THEIR MUNICIPALITIES INTO OBLIVION?

    Debt being 2/3 of your GDP is BAD.

    read up on this shit, you stupid fucking Progs:

    Puerto Rican government-debt crisis - Wikipedia

    After decades of mismanagement, the government's outstanding debt pile exceeds $70 billion (not counting an additional $50 billion in pension obligations). These debts increased the government's debt-to-GDP ratio to about 68%, which forced it to cut spending, increase tax revenue, and spark economic growth so that its obligations could be better funded. Despite these drastic measures, projections are bleak[needs copy edit] as the Puerto Rican economy's health is precarious and aggravated by social distrust and unpleasantness.[c]

    On August 3, 2015, Puerto Rico defaulted on a $58 million bond payment to the Public Finance Corporation, a subsidiary of the Government Development Bank, while other financial obligations were met.[3]


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    Ahhhh....liberalism at its finest.

    Progs absolutely suck at math.
     
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    Last edited: Oct 4, 2017

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