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Jeb Bush Supports Chapter 9 for Puerto Rico
Newsmax ^ | 6/29/15 | Courtney Coren

Posted on 06/29/2015 1:40:36 PM PDT by jimbo123

Former Florida Gov. Jeb Bush has said that he supports Puerto Rico filing for bankruptcy in the face of the massive debt the Caribbean island is facing.

When Bush visited Puerto Rico, which is a U.S. territory, on a campaign stop in April, he told a crowd that the public agencies in Puerto Rico should be able to seek bankruptcy under Chapter 9, according to the Puerto Rico Report.

(Excerpt) Read more at newsmax.com ...


TOPICS: News/Current Events; US: Connecticut; US: Florida
KEYWORDS: 2016election; amnesty; briankelly; briankellycapital; chapter9; connecticut; deportcolumbabush; deportjebbush; election2016; florida; garciapadilla; illegals; jebbush; paultardation; paultardnoisemachine; puertorico; randpaulnoisemachine; randsconcerntrolls

1 posted on 06/29/2015 1:40:36 PM PDT by jimbo123
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To: jimbo123
Go for Chapter 13 and auction off some Puerto Ricans!
2 posted on 06/29/2015 1:41:31 PM PDT by Cowboy Bob (Isn't it funny that Socialists never want to share their own money?)
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To: jimbo123

What next, American taxpayers bailing out this leftist territory?


3 posted on 06/29/2015 1:43:15 PM PDT by 1Old Pro
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To: jimbo123

Even stopped clocks are right twice a day. If PR doesn’t have the money, and it sounds like they don’t, then bankruptcy should be an available option. The bond market is like anything else... Caveat emptor. Maybe people will demand higher yields in exchange for lending money to profligate states and cities to compensate for the risk.


4 posted on 06/29/2015 1:45:32 PM PDT by NRx (An unrepentant champion of the old order and determined foe of damnable Whiggery in all its forms.)
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To: jimbo123

three down?!? two thirty three left at the illusion plate?


5 posted on 06/29/2015 1:45:32 PM PDT by no-to-illegals (If America Cared would a moslem cair?)
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To: jimbo123

Government defaults are good. It discourages lending to socialist regimes.


6 posted on 06/29/2015 1:47:02 PM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: jimbo123
1. Force Puerto Rico to be its own country.
2. Wait for Puerto Rico to go Communist and threaten the security of the US
3. Go to war with Puerto Rico
4. Win war and allow Puerto Rico to sue for reparations

Basically the mouse that roared starring Topo Gigio.

7 posted on 06/29/2015 1:47:43 PM PDT by who_would_fardels_bear
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To: jimbo123

This is kinda what happens when politicians promise things they really can’t pay for. Could it be this is also taking place at the Federal level?


8 posted on 06/29/2015 1:48:30 PM PDT by econjack (I'm not bossy...I just know what you should be doing.)
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To: jimbo123

Is the governor of Puerto Rico a Democrat or a Republican.....I can venture a guess...


9 posted on 06/29/2015 1:49:21 PM PDT by terycarl (, COMMON SENSE PREVAILS OVERALL)
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To: jimbo123

Ah...like we’re EU and PR is Greece.....

....got it JEB....good economics.......putz.


10 posted on 06/29/2015 1:51:34 PM PDT by Vaquero ( Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: jimbo123

Jebbie would support anything, he’s that stupid!!!


11 posted on 06/29/2015 1:58:18 PM PDT by HarleyLady27 (Send 'slob boy of the oval office' back to Kenya ASAP, and save America...)
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To: 1Old Pro

If I recall correctly, some 70% of Puerto Ricans are on (US taxpayer funded) welfare.


12 posted on 06/29/2015 2:07:42 PM PDT by Original Lurker
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To: jimbo123

He’s giving away the store before he owns it.


13 posted on 06/29/2015 2:25:47 PM PDT by stars & stripes forever
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To: jimbo123

Dont forget that the Clintons pardoned FALN terrorists who wanted independence for Puerto Rico


14 posted on 06/29/2015 3:36:30 PM PDT by Kid Shelleen (Beat your plowshares into swords. Let the weak say I am strong)
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To: jimbo123

Jebbie is just a beaner in white face!


15 posted on 06/29/2015 3:47:48 PM PDT by lostboy61 (Lock and Load and stand your ground!.)
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To: jimbo123
Looks like ¿Jeb? Bush is for Puerto Rican statehood, too.

Is there any whackout liberal position he WON'T embrace?

16 posted on 06/29/2015 3:50:10 PM PDT by Lazamataz (The new GOP slogan: "Vote for us!!! We are exactly the same as the Democrats !!!")
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