Wall Street fat cats demand austerity in Puerto Rico


Do another number on Puerto Rico!!!

Dear Kitty. Some blog

This 2010 video, recorded in Chicago, USA is called Victory Against Austerity – Student Strike – Puerto Rico.

By John Marion:

Wall Street demands austerity in Puerto Rico

23 January 2014

The ongoing attack on US municipalities and states that has resulted in the bankruptcy of Detroit is spreading, and predatory lenders have set their eyes on Puerto Rico. The US commonwealth—a colony seized from Spain in 1898—is home to about 3.7 million people and has $US 70 billion in debt. Profits on its bonds are tax free in every US state and have therefore been bought widely.

The ruling establishment has launched a two-pronged assault, through undemocratic scheming among lenders and austerity measures which include raising the retirement age for teachers. As has become commonplace, the island’s economic recession—which predates the 2008 world crash—is being blamed on workers and their pensions.

The bourgeois press, including…

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About Dr. Rex

I'm originally from Puerto Rico. I was born in Santurce and raised in Rio Piedras. Have lived in Florida since 1999. I have a doctorate degree in Medicine; completed in 1976. My Internal Medicine specialty was completed in 1979. Worked for Puerto Rico's health system until 1985. At this time, I'm happily retired after working for the federal government for almost 28yrs. I want to offer any knowledge that I have to anyone "out there" who is interested. My views are liberal in almost every sense. My knowledge is "eclectic" - a bit of everything. Music and reading are my passion. Blogging has also become a very interesting endeavor. Metaphysical topics attract me. I'm interested in news reporting human issues like injustice, discrimination and abuse - the "wrongly" affected. My intention is to bring this knowledge to an understandable level and to help anyone in need. I'm open to questions and will answer them to the best of my ability. Currently working on an enterprise whose main mission will be to bring peoples of all walks of life together. To be one .... since we ALL are ONE!! The future looks bright and promising!!!

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