FUCK THE POLICE (09-22-2017)
how did this happen? We are going to have to suck it up and rebuild the power grid/ etc
but man how did they get into such a crappy economy?
FUCK THE POLICE (09-22-2017)
blackascoal (09-30-2017), Cancel 2020.1 (09-22-2017), Hesher (09-22-2017), Rune (09-24-2017), TTQ64 (09-22-2017)
Althea (09-30-2017), Phantasmal (09-22-2017), Rune (09-24-2017), TTQ64 (09-22-2017)
We should take the $$$ that was going to Florida and Texas and send it to Puerto Rico.
"Anarchism does not mean bloodshed; it does not mean robbery, arson, etc. These monstrosities are, on the contrary, the characteristic features of capitalism. Anarchism, or Socialism, means the re-organization of society upon scientific principles and the abolition of causes which produce vice and crime."
August Spies
FUCK THE POLICE (09-22-2017), TTQ64 (09-22-2017)
blackascoal (09-30-2017), Phantasmal (09-22-2017), Rune (09-24-2017)
Spending more than they take in for tax revenues and because of of U.S. Congress. They do not have to have a balanced budget because they are not a state. Congress made all sorts of F'd up tax loophole laws for investors in P.R.
It is a mess down here. They are going to need help rebuilding.
Socialism has predictable results.
"Those who vote decide nothing. Those who count the vote decide everything." Joseph Stalin
The USA has lost WWIV to China with no other weapons but China Virus and some cash to buy democrats.
Phantasmal (09-22-2017)
The Puerto Rican government-debt crisis is a financial crisis affecting the government of Puerto Rico.
After decades of mismanagement by DEMOCRATS, the government accrued more than $70 billion in outstanding debt and an additional $50 billion in pension obligations.
These debts increased the government's debt-to-GDP ratio to 68%, which forced it to drastically increase taxes, . Projections are bleak since the Puerto Rican economy is precarious and fragile.
In June 2016, President Barack Obama signed PROMESA into law, which appointed an oversight board with ultimate control over the commonwealth's budget and debt restructuring. The board extended a moratorium on debt collection lawsuits by creditors until May 1, 2017.
Creditors sued as soon as the stay expired, and on May 3, 2017, the Commonwealth sought the quasi-bankruptcy protections provided by the aforementioned law.
https://en.wikipedia.org/wiki/Puerto_Rican_government-debt_crisis
What socialism? Their problems have nothing at all to do with socialism.
blackascoal (09-30-2017), Phantasmal (09-22-2017), Rune (09-24-2017), TTQ64 (09-22-2017)
Spending more than necessary causes budget shortfalls, that aint socialism!
Phantasmal (09-22-2017)
Maybe so, but again what do they have to do with socialism?
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