Keyword: puertorico

Brevity: Headers | « Text »
  • President Obama Signs Paul Ryan Bill and Immediately Suspends 5th Amendment…

    07/01/2016 8:34:12 AM PDT · by Nachum · 55 replies
    Conservative Treehouse ^ | 6/30/16 | sundance
    Today President Obama signed the PROMESA (Puerto Rico Bailout) bill created by representative Paul Ryan, and with it the immediate suspension of the Fifth Amendment which was supported by a Senate vote yesterday. The Fifth Amendment protects U.S. Citizens from federal seizure of property without compensation. It applies in this instance to Puerto Rico via the general obligation bonds (property) purchased by municipal bond holders (investing citizens), which were supposed to be repaid, and which congress has now determined can be frozen. In addition, PROMESA suspends legal redress, by blocking bond holders (property owners) from suing the debtor (PR) to...
  • The real reason New York US Attorney Preet Bharara was asked to resign

    03/15/2017 6:10:18 PM PDT · by Aria · 63 replies
    The Caribbean Radio ^ | March 15, 2017 | Richard Lawless
    New York Senator Charles Schumer was instrumental in getting Bharara appointed to that position and in return was asked from time to time to do favors for the senator and his allies. Up until recently, President Trump had no idea what was really going on. Once President Trump’s staff understood the quid pro quo, they had no choice but to ask for Bharara’s resignation. In 2015, Puerto Rico defaulted on $70 billion in municipal bonds. Those involved panicked. There was ample evidence that the issuing agencies were technically bankrupt when they issued the bonds and that they purchased fraudulent credit...
  • Chicago Honors an Unrepentant Terrorist

    03/03/2017 8:29:29 AM PST · by Interesting Times · 10 replies
    American Thinker ^ | March 3, 2017 | Ron Kolb
    Recently, the Chicago City Council named a street in honor of Oscar Lopez-Rivera, the founder of the notorious terrorist group FALN. In President Obama's waning days in office, he commuted his sentence. He had been scheduled to serve until June of 2023, and after Obama's order, he still would remain incarcerated at the Federal Prison in Terre Haute, Indiana until May 17 of this year. But early in February, a fervent Lopez-Rivera supporter, the far-left Chicago Congressman Luis Gutierrez, succeeded in having him transferred to Puerto Rico, where he will be with his daughter while under house arrest until his...
  • Unreal: Chicago Names City Street After Terrorist

    02/26/2017 4:09:47 PM PST · by jazusamo · 26 replies ^ | February 26, 2017 | Leah Barkoukis
    In truly progressive fashion, Chicago renamed one of its streets after a terrorist. Earlier this month Alderman Robert Maldonado submitted a proposal to name three blocks of a city street after Oscar Lopez Rivera, the founder of the Puerto Rican terror group FALN, which was responsible for 120 bombings and armed robberies in the U.S. during the ‘70s and ‘80s that killed nine and injured hundreds of others. On Wednesday, aldermen approved the measure honoring Lopez Rivera, the terrorist whose 70-year sentence was recently commuted by Barack Obama. Aldermen also voted to approve an honorary street re-naming for Puerto...
  • Is Puerto Rico on a Path to Incorporation?

    02/14/2017 9:02:58 AM PST · by cll · 32 replies
    Caribbean Business ^ | 2/13/2017 | Eva Llorens
    Although Puerto Rico is on its way to holding a status plebiscite over the summer and the governing New Progressive Party has petitioned Congress for Puerto Rico’s admission as a state, some argue the island will have a higher chance of becoming a state if U.S. lawmakers were to declare Puerto Rico an incorporated territory en route to statehood. Right now, the dominant argument among all sectors is that Puerto Rico is an unincorporated territory, but pro-statehood lawyer Gregorio Igartúa, who has taken several cases to the courts that seek to grant more rights to Puerto Ricans living in Puerto...
  • Obama Frees Communist Terrorist, Sparking Outrage

    01/19/2017 6:23:53 PM PST · by VitacoreVision · 28 replies
    The New American ^ | 19 January 2017 | Alex Newman
    In a fresh insult to victims of terrorism everywhere, outgoing President Barack Obama decided to commute the 70-year sentence of communist terror leader Oscar Lopez Rivera, whose terrorist group unleashed a wave of savage violence that included more than 120 bombings across the United States. The brutal Fidel Castro-backed Marxist-Leninist terror group, known as th e "Armed Forces of National Liberation" (FALN), murdered six and injured dozens of Americans amid its campaign to enslave Puerto Rico under communist rule. Critics and victims of terror expressed outrage, with some suggesting the move was a green light by Obama for future communist...
  • Obama commutes sentence of FALN member Oscar López Rivera (Puerto Rican)

    01/17/2017 8:21:36 PM PST · by 2ndDivisionVet · 25 replies
    Hot Air ^ | January 17, 2017 | John Sexton
    The commutation of Chelsea Manning’s sentence is getting all the attention today but President Obama also commuted the sentence of Oscar López Rivera, a former Chicago community organizer turned FALN terrorist who was convicted of “seditious conspiracy” in 1981. López Rivera is considered a political prisoner by many on the left but a domestic terrorist by many on the right. Mother Jones described his background in a 2014 plea for his release: In 1981, López was charged with armed robbery, possession of an unregistered firearm, and interstate transportation of a stolen vehicle, allegedly as part of a larger plot to...
  • Frank Connor, Forever 33

    07/12/2016 8:02:44 AM PDT · by Kaslin · 6 replies ^ | July 12, 2016 | Joe Connor
    As we watch America devolve into the same racially charged, anti-police violence we endured in the late '60s, through the '70s and into the early ‘80s, our father Frank Connor, forever 33, would turn 75 years old today, July 12. Thirty three year old Frank Connor and 3 others were murdered while scores were maimed on January 24, 1975 when the Marxist, Puerto Rican terrorist group FALN blew up historic Fraunces Tavern during a crowded lunchtime profiling, targeting and executing "reactionary corporate executives."  We were to celebrate my recent 9th and brother's 11th birthdays that very night.  Instead his mother's, wife's and the lives of...
  • Obama’s choice as ambassador to Mexico withdraws her name

    01/31/2015 9:01:45 PM PST · by Olog-hai · 16 replies
    Associated Press ^ | Jan 31, 2015 9:59 PM EST
    President Barack Obama’s choice to be U.S. ambassador to Mexico has withdrawn from consideration. The White House says Maria Echaveste cites a prolonged confirmation process as well as her family’s best interests. …
  • LIFE AFTER TERROR (son of FALN victim; Clinton pardons)

    08/06/2005 8:35:38 PM PDT · by doug from upland · 27 replies · 2,371+ views
    NY POST (via email from Joe Connor) | January 2005 | Joe Connor
    LIFE AFTER TERROR By JOSEPH F. CONNOR YOU sometimes hear how the first World Trade Center attack was a warning that the city ig nored. But it wasn't the first: Tomorrow is the 30th anniversary of the New York terrorist attack that killed my father, Frank T. Connor — the Jan. 24, 1975, bombing of Fraunces Tavern. The killers struck on a warm, clear and pleasant winter's day. My dad, a 33-year-old officer of Morgan Guaranty Trust, was having lunch with clients. The bomb killed him and three others in unspeakably gruesome ways. One of his colleagues was decapitated; silverware...
  • Obama commutes 55-year sentence of controversial mastermind of '70s Puerto Rican terror group

    01/17/2017 6:05:36 PM PST · by SMGFan · 35 replies
    NYDaily News ^ | January 17, 2017
    The last imprisoned member of the Puerto Rican independence group that terrorized New York in the 1970s will be a free man in May — 20 years ahead of schedule. President Obama granted a commutation Tuesday to FALN mastermind Oscar López Rivera, who’s served 35 years of his 55-year sentence
  • Airport Shooter Converted to Islam, Identified as Aashiq Hammad Years Before Joining Army

    01/10/2017 1:55:24 PM PST · by jazusamo · 85 replies
    Judicial Watch ^ | January 10, 2017
    The Ft. Lauderdale Airport shooter is a Muslim convert who years before joining the U.S. Army took on an Islamic name (Aashiq Hammad), downloaded terrorist propaganda and recorded Islamic religious music online, according to public records dug up by the investigative news site of an award-winning, California journalist. This is pertinent information that the Obama administration apparently wants to keep quiet, bringing up memories of the Benghazi cover up, in which the president and his cohorts knowingly lied to conceal that Islamic terrorists attacked the U.S. Special Mission in Libya. Information is slowly trickling out that links the Ft. Lauderdale...
  • In push for statehood, Puerto Rico announces vote to choose 2 senators and 5 representatives

    01/05/2017 8:36:51 AM PST · by cll · 87 replies
    AP via Fox News ^ | 01/05/2017
    Puerto Rico's new governor was sworn in Monday, promising an immediate push for statehood in a territory facing a deep economic crisis. Gov. Ricardo Rossello, 37, proposed several measures aimed at alleviating the crisis shortly after he was sworn in at midnight. Among them is a proposal to hold a referendum that would ask voters whether they prefer statehood or independence. Many have argued that Puerto Rico's political status has contributed to its decade-long crisis that has prompted more than 200,000 people to flee to the U.S. mainland in recent years. "The United States cannot pretend to be a model...
  • Puerto Rico's new gov promises immediate push for statehood

    01/02/2017 10:51:02 AM PST · by Olog-hai · 96 replies
    Associated Press ^ | Jan 2, 2017 1:04 PM EST | Danica Coto
    Puerto Rico’s new governor was sworn in Monday, promising an immediate push for statehood in a territory facing a deep economic crisis. Gov. Ricardo Rossello, 37, proposed several measures aimed at alleviating the crisis shortly after he was sworn in at midnight. Among them is a proposal to hold a referendum that would ask voters whether they prefer statehood or independence. Many have argued that Puerto Rico’s political status has contributed to its decade-long crisis that has prompted more than 200,000 people to flee to the U.S. mainland in recent years. “The United States cannot pretend to be a model...
  • Trump made a deal with Florida Puerto Ricans

    11/22/2016 4:34:50 AM PST · by cll · 15 replies
    NotiCel (Google Translation) ^ | 11/22/16 | Oscar J. Serrano
    A few days before the November 8 presidential election, with Democratic candidate Hillary Clinton trying to defend herself against the FBI's announcement that they had resumed an investigation into their e-mails, her rival, Donald Trump, traveled to Florida and met With a group of Puerto Ricans. On Trump's side was Reince Priebus, then chairman of the Republican National Committee, and now Chief of Staff of the President-elect. On the Puerto Rican side were Puerto Rican[-born Idaho] congressman Raul Labrador, some 40 Puerto Rican leaders from the Orlando area and, from the island, John Regis, spokesman for the Trump campaign here,...
  • (Vanity) A brief look at Puerto Rico's 2016 general elections

    11/09/2016 7:46:32 AM PST · by rrstar96 · 4 replies
    November 9, 2016 | rrstar96
    Ricardo Rosselló with the pro-statehood New Progressive Party (PNP) was elected Governor of Puerto Rico during yesterday’s general elections. With 97% of the island’s polling stations reporting, Rosselló (the son of former Governor Pedro Rosselló) received 41.76% of the vote compared to 38.93% for former Secretary of State and pro-Commonwealth Popular Democratic Party (PPD) candidate David Bernier. According to additional information posted on the Commonwealth Elections Commission website this morning, Rosselló carried 46 of the island’s 78 municipalities, Bernier carried 23, and the remaining 9 were not yet called due to a 0.5% or less difference between the two candidates....
  • Can the US learn from relatively poor Puerto Rico? It has much stricter voter ID laws...

    11/09/2016 5:56:07 AM PST · by cll · 17 replies
    American Enterprise Institute ^ | 11/08/2016 | Mark J. Perry
    With permission, I am sharing an email below that I received from an American friend who recently moved to Puerto Rico and participated in his first election there today: Relating to the discussion about voter ID laws on a recent CD post featuring a video by filmmaker Ami Horowitz that investigated the commonly held belief by liberals in America that voter ID laws are racist and discriminate against the poor and uneducated, let me describe my first experience voting in a Puerto Rican election today. First, you have to obtain a voter ID card before you are allowed to vote...

    11/03/2016 9:47:20 PM PDT · by DIRTYSECRET · 16 replies
    He should. The island is a burden. He can make it the jewell of Latin America as the Castro's and Maduro's are on the run. Dump out all the Puerto Ricans in our jails. Independence is in the heart.
  • EXPOSED: Hillary Clinton’s Puerto Rico “Debt Relief” SCAM

    10/17/2016 7:36:43 PM PDT · by blueyon · 16 replies ^ | 10/17/16 | Derrick Wilburn
    With each passing day, more compromising of national security, self-serving and self-enriching behaviors, frauds, scams and general malfeasance on the part of Hillary Clinton come to light via new Wikileaks data dumps. But the news media’s obsession with things Donald Trump has said consistently overshadows things Hillary Clinton has actually done. Revelations have now surfaced that Clinton backed the Puerto Rico Debt Relief Bill, a plan to help the financially struggling U.S. commonwealth deal with a $70 billion debt it managed to rack up, after a top Clinton fundraiser –who just happens to be a lobbyist for the Puerto Rican...
  • Former Puerto Rico government officials indicted in corruption scheme are convicted in Federal Court

    10/07/2016 9:46:17 AM PDT · by rrstar96 · 7 replies (Spanish) ^ | October 7, 2016 | Melissa Correa
    Following 13 hours of deliberation, the jury in the federal case against the codefendants in accountant Anaudi Hernández's corruption scheme reached a final guilty verdict on all counts against the four codefendants. Former Administrator of the Labor Development Administration (ADL) Sally López Martínez was found guilty of one count of conspiracy to commit fraud against federal programs and electronic fraud; one count of conspiracy to commit electronic fraud and deprive the state of honest services; three counts of electronic fraud through a scheme at ADL; and one count of receiving bribes. She faces a maximum prison sentence exceeding 100 years....
  • Well-Known Boys' Home in Puerto Rico turns 110

    09/23/2016 12:42:43 PM PDT · by rrstar96 · 7 replies (Spanish) ^ | September 23, 2016 | Yaritza Rivera Clemente
    Love, solidarity, understanding, responsibility, and education are some of the words that may describe the work done by the Manuel Fernández Juncos Boys' Home located in [the] Miramar [section of San Juan]. This not-for-profit institution which houses and provides support services to boys 8 to 18 years of age who have been victims of abuse, abandonment, and neglect is known to be a helping hand to all the boys and young men who live there through education, sports, work, and discipline. "I'm fine. Very happy. Being in this home has been a very beautiful experience because I have done so...
  • Concern in Puerto Rico over the Mayaro Virus

    09/23/2016 8:39:42 AM PDT · by rrstar96 · 8 replies (Spanish) ^ | September 19, 2016 | El Vocero news team
    [Puerto Rico] Health Secretary Ana Ríus Armendáriz spoke about the possibility that the mayaro virus, which is transmitted by the Aedes aegypti mosquito, may arrive to the island. This comes following the reporting of the first case in Haiti, which may result in spreading to the Dominican Republic, and, subsequently, to Puerto Rico. "It has a low incidence [and] produces severe pain. Once this virus reaches the Dominican Republic, it is a matter of time before it gets here," Ríus said during an interview with [radio station] WKAQ 580. The mayaro virus, which is common in the tropical zones of...
  • Update on the Massive Power Outage in Puerto Rico

    09/23/2016 6:27:28 AM PDT · by rrstar96 · 19 replies (Spanish) ^ | September 23, 2016
    A government press conference about the massive blackout that has left a large part of the Puerto Rican population without service from the Puerto Rico Electric Power Authority (PREPA) might be held around 8:00 AM at the Emergency Operations Center. Earlier in the morning, Governor Alejandro García Padilla reported that close to 1,079,583 customers have PREPA service already. In addition, the Department of Transportation and Public Works stated that, despite the restoration of service to some parts of the [San Juan] Metropolitan Area, the Urban Train will not resume service immediately. "Rigorous safety tests have to be done," the agency...
  • Puerto Rico Hit With Islandwide Blackout After Fire Erupts - ABC News

    09/21/2016 6:14:10 PM PDT · by MarchonDC09122009 · 29 replies
    ABC ^ | 09/21/2016
    <p>A big fire erupted at an electricity plant that powers most of Puerto Rico on Wednesday, causing a blackout that swept across the U.S. territory of 3.5 million people.</p> <p>The Electric Power Authority said two transmission lines of 230,000 volts each failed. Executive Director Javier Quintana told reporters that he expected most power to be restored by Thursday morning, adding that airports, hospitals, police stations and water plants would get priority.</p>
  • Caribbean Fantasy ferry fire: More than 500 passengers to abandon ship...

    08/17/2016 7:49:29 AM PDT · by cll · 21 replies
    Mirror Online UK ^ | 8/17/16 | Alex Wellman
    Hundreds of passengers on board a packed ferry are being forced to abandon ship after a blaze broke out on board. US Coastguards raced to the scene after receiving reports that a huge fire caught hold of a massive ship carrying more than 500 people. A number of people are feared to be in the water - according to the Coastguard - but it is not yet known if any are injured. Lifeboats According to reports, the vessel is a passenger ferry that caught fire just a mile outside San Juan bay in Puerto Rico. The US Coastguard revealed it...
  • Caribbean Fantasy ferry fire: More than 500 passengers to abandon ship <tr>

    08/17/2016 6:47:33 AM PDT · by rdl6989 · 15 replies ^ | 17 AUG 2016
    Stunned onlookers posted photos of a large boat with smoke billowing up into the sky Hundreds of passengers on board a packed ferry are being forced to abandon ship after a blaze broke out on board. US Coastguards raced to the scene after receiving reports that a huge fire caught hold of a massive ship carrying more than 500 people. According to reports, the vessel is a passenger ferry that caught fire just outside San Juan bay in Puerto Rico. The US Coastguard revealed it was racing to the location to support frantic efforts to rescue those on board.
  • Puerto Rico reports 10,690 Zika cases amid ongoing epidemic

    08/13/2016 8:04:41 AM PDT · by bgill · 16 replies
    FOX ^ | August 12, 2016 | AP
    The newest statistics were released a day after the U.S. surgeon general visited Puerto Rico and said he expected 25 percent of people on the island will be infected by Zika by year's end.
  • Restless Heart [charismatic Caucus]

    07/25/2016 7:15:55 AM PDT · by Jedediah · 2 replies
    Bible , The Joshua Chronicles ^ | 7-25-16 | Jesus The Author and finisher of our faith
    First and for most as Creator of your heart I am the mentor you seek as to how to walk in loving kindness for this "IS" your heartbeat. So any time your heart seems out of sorts truly it is because you have left this foundation to walk in un-forgiveness or judgment of another heart that I created to walk in this very thing the commandment to love me first and others in this very same manner for I am Judge and Savior not man, woman or child . Therefore guard your heart by living in My love but to...
  • Which Way Florida Goes Hinges On Puerto Rican Voters

    07/18/2016 7:38:26 AM PDT · by Brilliant · 10 replies
    KUNC ^ | Jul 16, 2016 | Greg Allen
    With a population of more than 20 million, Florida is the country's largest swing state. And its population is changing — thanks to Puerto Rico. Puerto Rico's stagnant economy has brought tens of thousands of Puerto Ricans to Florida each year over the last decade. Large numbers have settled in the area near Orlando. A popular gathering spot for Puerto Ricans and Latinos in Orlando is the café and lunch counter in Sedano's market. "It's where you get retirees," says Jimmy Torres, who's been in Orlando for three years. "People like me." Torres still has one foot in Puerto Rico....
  • World's largest radio telescope takes shape, to decode cosmic message

    07/04/2016 9:19:55 AM PDT · by BenLurkin · 25 replies
    Xinhua ^ | | 2016-07-03 21:27:40
    Installation was completed on the world's largest radio telescope on Sunday morning as the last of 4,450 panels was fitted into the center of the big dish. ... In the first two or three years after its completion, the telescope will undergo further adjustment, and during that period Chinese scientists will use it for early-stage research. After that, it will be open to scientists worldwide, said Peng Bo, director of the NAO Radio Astronomy Technology Laboratory. Scientists can also carry out remote control and observation in other cities such as Beijing, more than 2,000 kilometers from the telescope site, said...
  • Debate of Puerto Rico rescue (not a bailout) bill in the U.S. Senate live now

    06/29/2016 7:05:37 AM PDT · by cll · 14 replies
    U.S. Senate ^ | 06/29/16
    The purpose of this post is to alert the Puerto Rico Ping List to live U.S. Senate proceedings that greatly affect the island today. Others are welcome to it and chime in, of course. The Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) undergoing the 60 vote rule at the U.S. Senate. For newcomers to the subject, Puerto Rico sub-divisions have no access to U.S. bankruptcy courts, the island is broke, and this basically opens a new bankruptcy chapter for the island and other territories, and also provides for the establishment of a fiscal control board to get the...
  • The Detroit Road Map for Puerto Rico

    06/28/2016 5:55:56 AM PDT · by cll · 2 replies
    The Wall Street Journal ^ | 6/27/2016 | Richard Ravitch
    Citizens in democratic nations are right to worry when they see intrusions on self-government. Many Puerto Ricans thus are understandably concerned about the powers of the oversight board prescribed in legislation the U.S. House of Representatives recently passed to assist the commonwealth. The Senate is about to take up the proposed law, which has drawn criticism in Washington and Puerto Rico for impinging on its sovereignty. The alarm is misplaced. Consider what happened in 2013 when the city of Detroit was facing circumstances frighteningly similar to those Puerto Rico is experiencing today...Had the protests succeeded, Detroit would not be going...
  • Zika Is Spreading Fast In Puerto Rico, Could Reach 25% Of Population

    06/17/2016 1:50:18 PM PDT · by Tilted Irish Kilt · 54 replies
    Buzzfeed ^ | Jun. 17, 2016 | Dan Vergano
    About 1.1% of blood donors in Puerto Rico are testing positive for the Zika virus. The blood screening suggests that about 25% of the island’s population will catch Zika this year. The Zika virus is spreading “rapidly” in Puerto Rico and now likely afflicts 2% of the island’s population with active infections, public health officials reported on Friday, based on tests of blood donors. At current infection rates, one-quarter of the island’s 3.5 million people will eventually acquire the mosquito-borne illness, U.S. CDC officials said. Current estimates are that 1% to 13% of babies born to women infected with Zika...
  • Huge Columbus statue unveiled in Puerto Rico

    06/17/2016 7:39:17 AM PDT · by cll · 28 replies
    Reuters ^ | 6/15/2016
    A giant statue of the Italian explorer Christopher Columbus was unveiled in Arecibo on the northern coast of Puerto Rico on Tuesday (June 14). Russian-based sculptor, Zurab Tsereteli, created the 268 ft (81,68 meter) monument from 2,500 pieces of bronze and steel manufactured in Russia and some 2,000 sq. ft (185.80 sq. meters) of copper sheets. The statue, entitled 'Birth of a New World,' and weighing in at 6,500 tons, is almost twice the height of New York's Statue of Liberty without its base, and is double the height of Rio's Christ the Redeemer. The artwork took over 110,000 hours...
  • In the Dead in Orlando, Puerto Ricans Hear a Roll Call of Their Kin

    06/15/2016 11:51:57 AM PDT · by cll · 19 replies
    The New York Times ^ | 6/14/2016 | Lizette Alvarez and Nick Madigan
    ORLANDO, Fla. — Ortiz. Rivera. González. Almodóvar. As the names of the victims of Sunday’s massacre here rolled out, this slice of the United States — known as the unofficial 79th municipio, or municipality, of Puerto Rico — felt a communal shudder. It was a roll call of Puerto Ricans, gay and straight, who had gathered to dance and hear salsa music at the club and died in the barrage of bullets. Like so many others, they were here, in this booming Central Florida metropolitan area of nearly 400,000 Puerto Ricans, because it has become a Puerto Rican touchstone: Spanish...
  • McConnell: Senate to consider Puerto Rico aid by end of June

    06/14/2016 3:13:13 PM PDT · by Olog-hai · 17 replies
    Associated Press ^ | Jun 14, 2016 3:28 PM EDT | Mary Clare Jalonick
    Majority Leader Mitch McConnell said Tuesday the Senate will consider a rescue package to ease Puerto Rico’s financial crisis before the U.S. territory’s $2 billion payment to creditors is due July 1. The House overwhelmingly passed legislation to create a new control board and restructure some of Puerto Rico’s $70 billion debt last week. The Senate is expected to take up the same bill “sometime before the end of the month,” McConnell, R-Ky., told reporters Tuesday. Puerto Rico has already missed several payments to creditors while a lengthy recession has crippled commerce, sparked unemployment and driven hundreds of thousands of...
  • Supreme Court rules Puerto Rico can't restructure debt

    06/13/2016 9:54:44 AM PDT · by ColdOne · 17 replies ^ | 6/13/16 | Lydia Wheeler
    The Supreme Court ruled Monday that Puerto Rico can't restructure the debts of its public utilities to avoid a financial crisis, closing off one of the island's last remaining options for avoiding default without help from Congress. In a 5-2 ruling, the justices said that although the government and people of Puerto Rico should not have to wait for possible congressional action to avert a financial crisis, the Constitution does not allow them to rewrite a statute that Congress enacted in 1984. While states can allow municipalities to seek such debt relief, the lower court said, Congress had not given...
  • Paul Ryan’s Primary Challenger: ‘I Don’t Care About Puerto Rico’

    06/12/2016 6:32:01 AM PDT · by cotton1706 · 17 replies ^ | 6/9/16 | JulieGrace Brufke
    House Speaker Paul Ryan’s primary opponent Paul Nehlen said the Puerto Rico debt crisis should not be a top priority for the representative of Wisconsin’s 1st congressional district in an exclusive interview with The Daily Caller News Foundation. “I don’t care about Puerto Rico,” Nehlen told TheDCNF. “I care about people in this country dying from heroin.” The businessman said the island, which faces a $70 billion debt burden and recently defaulted on a major loan payment, should be responsible for fixing its fiscal predicament, and slammed Ryan for supporting a bill Nehlen sees as a massive taxpayer bailout. “The...
  • David Brat: The Paul Ryan Puerto Rico Rescue Bill “Turns People Into Subjects”…

    06/10/2016 2:04:44 PM PDT · by dontreadthis · 32 replies
    The Last Refuge ^ | June 10, 2016 | sundance
    Yesterday House Speaker Paul Ryan pushed through a Puerto Rico Rescue bill called PROMESA. The details of the bill are fundamentally challenging to understand in scope, however, the key aspect to remember is the underlying benefactor(s) – Wall Street. While Ryan is severely adverse to PROMESA being called a bailout, that’s exactly what it is – only worse. The plan structurally changes the dynamics of how State debt is repaid, and the considerations for bondholders under the 5th amendment (seizure of private property w/out compensation); which will lead to a guaranteed bondholder bailout. However, beyond the ‘bailout’ aspect there is...
  • House Passes Puerto Rico Debt Relief Bill

    06/09/2016 6:05:32 PM PDT · by Hojczyk · 38 replies
    Newsmax ^ | June 9,2016
    The legislation was bolstered by rare bipartisan cooperation between the White House and the House's Republicans and Democrats over the past six months. House Speaker Paul Ryan urged Congress to act quickly on the "Puerto Rico Oversight, Management and Economic Stability Act" (PROMESA), warning lawmakers of a "deepening crisis" on the island. "Now the island is shutting down," Ryan said, with "closed schools; hospitals are beginning to close, that's today. Tomorrow there could be policemen without cars, there could be blackouts at hospitals." Nevertheless, some lawmakers feared that allowing Puerto Rico to restructure its $70 billion debt in a way...
  • House-Passed Debt Relief for Puerto Rico Splits Conservatives

    06/10/2016 5:34:48 AM PDT · by milton23 · 16 replies
    The Daily Signal ^ | 6/10/2016 | Josh Siegel
    Reps. Louie Gohmert of Texas and Dave Brat of Virginia were among the conservatives who voted against a bill to address Puerto Rico's debt crisis. (Photo: Willis Bretz for The Daily Signal) A bill establishing a legal framework for Puerto Rico to restructure its $72 billion debt load passed the House Thursday by a 297-127 vote after months of haggling between the Obama administration, Democrats, bondholders, unions, Puerto Rico officials—and conservatives. About the only thing conservatives agree on about legislation the House passed Thursday night providing rescue to Puerto Rico’s debt crisis is that it’s not a bailout. “There are...
  • How Socialism Failed Venezuela

    06/10/2016 4:17:30 AM PDT · by lowbridge · 23 replies ^ | June 6, 2016 | Andres Malave
    The force that is driving Venezuela into the ground is socialism. I've had a front-row seat to the consequences of socialism, watching the hardships of my friends and family in Venezuela. I read the messages telling me they had to go to five different markets that day to find bread. Even basic staples like Harina-Pan are missing from the shelves or skyrocketing in price. I've heard them break down crying because they lack basic needs like toilet paper. And I hear the fear of not knowing what's next or when these struggles will end. In the midst of this chaos,...
  • SCOTUS strikes down Puerto Rico's dual sovereignity

    06/09/2016 7:42:59 AM PDT · by cll · 36 replies
    SCOTUS Blog ^ | 6/09/2016
    In 1950, Congress enacted Law 600, which authorized the people of Puerto Rico (PR) to organize a government pursuant to aconstitution of their own adoption. The PR people capitalized on that opportunity, calling a constitutional convention and overwhelmingly approving the charter it drafted. Once Congress approved that proposal—subject to several important conditions accepted by the convention the Commonwealth of PR, a new political entity, came into being. Those constitutional developments were of great significance and, indeed, made PR “sovereign” in one commonly understood sense of that term. At that point, Congress granted PR a degree of autonomy comparable to that...
  • Most Americans Don’t Know the Citizenship of Puerto Ricans

    06/09/2016 6:35:42 AM PDT · by cll · 33 replies
    The Wall Street Journal ^ | 6/09/2016 | Nick Timiraos
    Pop quiz: What’s the national citizenship of people born in Puerto Rico to parents who were also born in Puerto Rico? If you don’t know the answer to that question, you’re not alone. Puerto Ricans are U.S. citizens, but only 43% of Americans answered correctly in a recent Economist/YouGov poll. Some 41% said they were citizens of Puerto Rico, while another 15% weren’t sure. The statistic underscores one challenge Congress has faced as it considers legislation to address the island’s debt crisis: The issue hasn’t been a high priority for lawmakers partly because their constituents aren’t aware that Puerto Ricans...
  • How Do You Convince Members of an “Independent” Control Board to Follow Your Agenda?

    06/08/2016 9:14:02 AM PDT · by K Street Eyes
    Mainstreet Bondholders ^ | June 8, 2016 | Press Release
    (Brandon Garabrant is seen in his military uniform in Greenfield, N.H., before he was killed in the line of duty, June 20, 2014, in Afghanistan. When Garabrant graduated from high school he wanted to wear his Marine uniform but school officials said policy bans uniforms and requires graduates to wear blue caps and gowns. A new state law passed this year now allows high school graduates to wear their military uniforms if they have completed basic training.) CONCORD, N.H. — Can the cap and gown worn by high school graduates coexist peacefully with military uniforms worn by classmates destined...
  • Sanders camp: Clinton has not secured nomination yet

    06/06/2016 6:29:34 PM PDT · by maggief · 83 replies
    The Hill ^ | June 6, 2016 | Cyra Master
    Shortly after The Associated Press updated its delegate count and declared Hillary Clinton the presumptive Democratic presidential nominee, a spokesman for Sen. Bernie Sanders slammed the media’s “rush to judgement.” “It is unfortunate that the media, in a rush to judgement, are ignoring the Democratic National Committee’s clear statement that it is wrong to count the votes of superdelegates before they actually vote at the convention this summer,” spokesman Michael Briggs said Monday night. “Secretary Clinton does not have and will not have the requisite number of pledged delegates to secure the nomination. She will be dependent on superdelegates who...
  • Clinton Wins Puerto Rico Primary, Now Just Shy Of Clinching Nomination

    06/05/2016 7:55:43 PM PDT · by blueyon · 10 replies ^ | 6/05/16 | Arnie Seipel
    Hillary Clinton won today's Democratic primary in Puerto Rico, according to the Associated Press. With about a quarter of precincts reporting, Clinton had about two-thirds of the vote. Vermont Sen. Bernie Sanders had about one-third. Delegates from Puerto Rico put Clinton just shy of the 2,383 delegates she needs to clinch the Democratic nomination — and become the first woman to win the nomination of a major party in American politics. The Associated Press puts her less than 30 delegates from that threshold.
  • Clinton On Cusp of Winning Democratic Nomination As Puerto Rico Votes (must have 54/60)

    06/05/2016 5:33:45 PM PDT · by drewh · 31 replies
    CNN ^ | 6:42 PM ET, Sun June 5, 2016 | Eric Bradner
    Hillary Clinton is on the cusp of clinching the Democratic presidential nomination, and could move closer as Puerto Rico's primary results are announced Sunday night. The former secretary of state is competing with Vermont Sen. Bernie Sanders to win a majority of Puerto Rico's 60 delegates. Clinton began the day 60 delegates shy of the 2,383 she needs to win the Democratic nomination -- with 1,776 pledged delegates and another 547 superdelegates. Sanders, meanwhile, started Sunday with 1,547 delegates total: 1,501 pledged delegates and another 46 superdelegates. Clinton is closing in on a historic nomination as the first female presidential...
  • Hillary Clinton Closes in on Democratic Nomination as Puerto Rico Votes

    06/05/2016 12:02:02 PM PDT · by Trump20162020 · 26 replies
    Time ^ | June 5, 2016 | Danica Coto
    Puerto Ricans frustrated by the island’s economic crisis voted Sunday in the U.S. territory’s Democratic presidential primary and local elections, as front-runner Hillary Clinton drew closer to securing the number of delegates needed to win her party’s White House nomination. After a blowout victory Saturday in the U.S. Virgin Islands, Clinton was just 60 delegates short of the 2,383 needed to win the Democratic nomination and advance to the November general election, according to an Associated Press count. There were 60 pledged delegates at stake in Puerto Rico. Clinton would need to win more than 85 percent of the vote...
  • Ryan secures big win with bipartisan Puerto Rico deal

    05/24/2016 5:42:52 AM PDT · by jimjohn · 47 replies
    The bipartisan deal to tackle Puerto Rico’s debt crisis represents Paul Ryan’s first big victory as Speaker. While the Wisconsin Republican has notched other wins on highway, education and government funding during his short, nearly seven-month tenure, former Speaker John Boehner (R-Ohio) had a hand in all of those negotiations.