Chicago & Los Angeles are next!
They’ve earned their independence.
Socialism works everytime....
Guess who gets to pay for this?
You and me.
A huge percentage of the population is on point welfare. Every business that set up on the island is drained of blood to feed the takers
Do not bail them out. Do not! California will be next
The heck should we the taxpayers pay for a welfare country started by the Liberals. From the Article:
One key reason Puerto Ricos economy has imploded was that the Popular Democratic Party-controlled legislature made Spanish the official language in 1991 for all schools and government use. Partly as a result, 86 percent of the island does not speak English in the home and almost a third of the residents are on welfare. Poor language skills have prevented the reaction of call centers and other U.S. service businesses to Puerto Rico.
Like Hillary says, we can’t bail out every mismanaged undercapitalized entity
“Vulture capitalists”? No spin there.
If you're interested, go to talkstreamlive.com and click on Agenda21Radio and then click on the Red State Talk Radio link or go to redstatetalkradio.com and click on the upper player (the one that doesn't say "Encore").
Fun fact: RedStateTalkRadio is owned by former "Dilbert" cartoonist Scott Adams who has his own radio show.
“Vulture Capitalists”? They bought the debt for pennies on the dollar and hoped to collect by reselling it or maybe even having the government make good on it.
They might be idiots but they are not, “Vultures”.
Bankruptcy is for individuals, Corporationa and municipalities not for states and what ever Puerto Rico is.