CDZ Should We Nationalize State Debts?

[jwoodie]

Philosophically, the answer should be no. But politically, are we going to let States (and Puerto Rico) fall into insolvency? This is a huge issue that has largely fallen under the radar screen. What do you think?

 

[TheOldSchool]

Philosophically, the answer should be no. But politically, are we going to let States (and Puerto Rico) fall into insolvency? This is a huge issue that has largely fallen under the radar screen. What do you think?

We should bail them out, and then cut out the restrictions we've forced on their economy so they can pay us back. For example if Puerto Rico buys some material from England, they don't just pay to have it delivered to Puerto Rico. No they have to pay for it to be shipped to the U.S. mainland, processed, and then shipped from the mainland to the island. What the hell is that?

 

[william the wie]

Philosophically, the answer should be no. But politically, are we going to let States (and Puerto Rico) fall into insolvency? This is a huge issue that has largely fallen under the radar screen. What do you think?

No, PR won't make up its mind to become a state and states like NY, CA and IL are simply victims of their own corruption.

 

[oldsoul]

Philosophically, the answer should be no. But politically, are we going to let States (and Puerto Rico) fall into insolvency? This is a huge issue that has largely fallen under the radar screen. What do you think?

Ummmm.... Let me think. Forcing some life long resident of North Dakota to help pay for the mistakes and corruption of Califorina, a state he/she has never even visited... Yup, sounds pretty fair, let's get on that right away.

Oh, wait a second, I bet you did not intend for this to be a satire thread. Sorry about that.

No, there is no way anyone will ever convince me that a law abiding citizen in Nevada should have to help bail out New York. No way. You want to see a serious back-lash against Washington? Get this to happen and I bet dollars to doughnuts, you will. There is no way anyone will be able to sell THAT bill of goods to the real conservatives in this country. California, New York, Illinois, and the like have gotten themselves into this, they can figure out how to get out.

This, from a person in a state that is not all that far behind those in serious trouble.

 

[Militants]

U.S. Federation I will.

 

[jwoodie]

Paradoxically, people can vote their cities/state into bankruptcy and then move, disclaiming any responsibility for the mess they have created.

 

[2aguy]

Philosophically, the answer should be no. But politically, are we going to let States (and Puerto Rico) fall into insolvency? This is a huge issue that has largely fallen under the radar screen. What do you think?

Let them collapse...the only way most people learn about socialism is when you allow them to experience it first hand......the economic collapse of socialist states will be a good, hard lesson for people.

 

[TheOldSchool]

Philosophically, the answer should be no. But politically, are we going to let States (and Puerto Rico) fall into insolvency? This is a huge issue that has largely fallen under the radar screen. What do you think?

Let them collapse...the only way most people learn about socialism is when you allow them to experience it first hand......the economic collapse of socialist states will be a good, hard lesson for people.

Yes let them collapse. Says a man who knows nothing about Puerto Rico or the U.S.'s relationship with them.

 

[jwoodie]

This may be the biggest policy issue of the upcoming election. Democrats will be desperate to whitewash their economic malfeasance, while Republicans will be inclined to let them stew in their own juices.

 

[Disir]

As soon as we nationalize oil.