There is an alternative.
www.paulnehlen.com
Make it Happen!
Vote Paul Nehlen August 9
“This is not a humanitarian crisis,” Nehlen said, arguing there are too many people capable of working using welfare programs on in the territory. “That’s a falsehood.”
“My mother is 70 years old and she’s working right now – she’s paying taxes,” he continued. “My mom should pay taxes for somebody in Puerto Rico who’s 50 and has decided, ‘Oh, the government said that I could go on vacation and be on retirement? That’s a humanitarian crisis? No. I reject that and the American people reject that.”
Why is this island a U.S. territory anyway? Did McKinley lose a bet?
Does he think Puerto Rico is a foreign country?
He said “I don’t care about Puerto Rico.”
He is not alone. I would guess that 85% of Americans don’t care either. Puerto Rico is the shining example of the benefits of welfare and government waste of money.
Yep, there's someone speaking truth. The 'bail out' of PR is nothing more than paying off hedge funds INCLUDING 'high yields demanded by investors due to the high risk of default'
Wait - weren't those high yields there because there was a significant risk of losing money? Why would any repayment to investors include that money?
Here's how a scam free 'bailout' would work. The US government offers to buy those bonds AT THE SAME VALUE AS PURCHASED, including any discounts for 'risk assessment' calculations. The US government can then choose to forgive those bonds and bailout finished.
Personally, I'd MUCH rather see investors told 'eh, you charged us up to 18% interest AND chopped 5% off the front end because you said you were taking a high risk of us defaulting, then fine, we default, you've already priced in that risk.'