Yes, she was a fun character in Harry Potter.
Posted on 05/09/2016 1:14:14 PM PDT by Beautiful_Gracious_Skies
Donald Trump says Puerto Rico has "far far too much debt," and the U.S. government shouldn't bail out the island.......
Puerto Rico is in crisis mode. It has run up $70 billion in debt, a staggering amount for an island of under 3.5 million people.....
"You have to cut the debt way down and get back to business," he said.
(Excerpt) Read more at money.cnn.com ...
Yes, she was a fun character in Harry Potter.
Well, isn’t that special! Good for Trump btw.
Remember this!
One of Trump’s biggest enemies is ALL about statehood and bailing out Puerto Rico. CESAR CONDA, who happens to be the powerful Lobbyist/immigration lawyer who OWNS PAUL RYAN and Marco Rubio! He brought them both to DC politics.
SELL OUTS: Paul Ryan, National Review Call For Puerto Rico Bailout For Hedge Fund Masters & Lobbyist Pals
http://gotnews.com/tag/puerto-rican-statehood-council/
[snip]
Ryan is being lobbied hard by Cesar Conda. That name may sound familiar to you. He was Senator Rubio’s controversial, pro-amnesty chief of staff.
[Conda] has called himself a “conservative mentor” to Paul Ryan on his LinkedIn and was once Ryan’s colleague at the Alexis de Tocqueville Institution where they worked together on open borders immigration proposals. Together they killed an immigration restriction bill in 1996. (Matthew Rees, “Rookies of the Year,” The Weekly Standard, April 15, 1996).
April 21, 2016
Here’s a great libtard idea, make a 70 billion dollar platinum coin...
Pay off their debt...
They swear it is legal...
They’d just take the cash and not keep up there end of the deal
If Guam can run a budget surplus PR can
See post 22 Don’t forget the name CESAR CONDA...he’s at the bottom of all things anti Trump and pushing bail out for PR along with PAUL RYAN and National Review.
http://www.freerepublic.com/focus/news/3429031/posts?page=22#22
You are correct. They can easily hire some good receivership attorneys, get DIP financing and restructure their existing debt. They need our permission to do the aforementioned - I say give it to them with a pat on the rear. They will be fine without our pouring more good money after bad.
There is no way that 90% of that debt can ever be repaid. The island’s economy is shrinking, along with the population. See, someone has to say it aloud first...
This will get done in the lame duck session (if PR can hang on that long), thus completing the split in the party - 100% of Dims and enough paid off Pubbies to make a majority. If Trump wins, the question will be how does McConnell go on this vote.
GOOD; he is correct about this, as well as much else.
Puerto Rico asked Trump for money?
Guam has to be able to balance their budget. If they couldn’t, it’d tip over.
Amen!
I think more than half of the population is totally receiving welfare, and that was 40 years ago. How can they be 80 billion dollars in debt. Who day owe the money to, us?
Welcome to Socialism 101,interesting how a part of the United States under this most liberal administration turned into Greece or Venezuela.
Oh and another article commented that if he bails them out,he’d have to do the same for Illinois.They are also in debt up to their eyeballs.
Donald Trump does not know that Puerto Rico is NOT incorporated. It is an UNINCORPORATED territory of the U.S.
That means that the bonds issued through Puerto Rico are from the U.S. itself.
That means that the U.S. is in default on these bonds as of midnight last Monday.
So much for “full faith and credit”
$20,000 per person?
If Trump says you have too much debt, then you have way too much debt.
He knows all about going broke.
They are in my experience outstanding soldiers. Many of the best NCO’s I had were from the island and they love the Airborne!
From whom will the water utility borrow hundreds of millions $$$?
Puerto Rico robbing Pedro to pay Paulo?
Don’t know if this can be posted here from Bloomberg, today:
Puerto Rico is pushing for its water utility to borrow hundreds of millions of dollars to avoid a July bond default, seeking to overcome investors’ skepticism as the island’s fiscal crisis pushes it to skip payments on a growing share of its $70 billion of debt.
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