[jimbo123]

A lot of Bush's Florida cronies are going to be a lot poorer on Saturday. And the ones who sold the PR bonds are going to get their butts sued off.

[jimbo123]

Really 70 cents on the dollar haircut. 30 cents recovery.

[GeronL]

Don’t borrow and spend what you cannot afford. That is my advice.

[Up Yours Marxists]

Just change Puerto Rico to a penal colony. Lots of money flowing in. Send all the bad guys down there.

[dfwgator]

A lot of Bush's Florida cronies are going to be a lot poorer on Saturday. And the ones who sold the PR bonds are going to get their butts sued off.

Here comes the Bailout......BOHICA America.

[immadashell]

Years ago, Puerto Rico municipal bonds were very popular with New York investors since the interest payments were tax free on Federal, NY State and NY City tax returns. Is this still the case?

[alloysteel]

Grant Puerto Rico statehood, and then the Federal Treasury can assume their debt through monetization, the increase in the national debt would not be all that much, doncha see.

(OK, OK, this was just a little sarcasm spread in between. Puerto Rico will NEVER qualify as a part of the Federal Union, for so many reasons, not the least of which is just not having sufficient commonality with the US legal system.)

[gingerbread]

As long as these PUERTO RICANS keep electing liberals, socialists and communists to run their government, they will continuously be on the “SHITTY END OF THE STICK”. Every politician in that territory thinks that by offering the people another “free bee”, they will keep getting elected, is right on. Those Puerto Ricans that have any get up and go, have got up and left. Leaving those that can’t live without government handouts

[Lurkinanloomin]

No. And we shouldn’t bail them out, either.

I’m sure ¡Yeb! would love nothing more than a huge chunk of taxpayer money for Puerto Rico so he can make it the 51st state.

[Chode]

stop electing RATS!!!!!

[bgill]

Obama Administration saying it won't bail out the commonwealth

Suuuure.

[PAR35]

Put them on the Drachma.

[Sergio]

ping

[ChildOfThe60s]

But the end of those tax breaks nearly a decade ago

How efficient and competitive is a local economy if it loses money without special tax breaks?

[blueunicorn6]

Puerto Rico has been running a government Ponzi Scheme for years.

We could possibly think about bailing them out if they hung all their Shill politicians.

I’d fly to Puerto Rico to see all their crooked politicians hanging from the streetlights.

I’d take a picture of them hanging there and make it into a post card.

I’d send it to all our socialists.

“Greetings from sunny Puerto Rico! Wish you were here!”

[windcliff]

Neither a borrower nor a lender be, Do not forget: Stay out of debt; Think twice, and take this good advice from me, Guard that old solvency. There’s just one other thing you ought to do, To thine own self be true.

[Oatka]

I suspect Florida as well as a lot of other states will see a sudden influx of Puerto Rican economic refugees who can come here legally and add to the unemployment and welfare lines - maybe even squeeze out the illegals.

[Flick Lives]

Can’t we just give them a new loan to pay for the old loan? I mean that’s what they did in Greece. And when they default on loan #2, they get loan #3 to pay for loan #1 and loan #2. It seems to be the modern way with finance.