Puerto Rico’s Governor, Alejandro Garcia Padilla, Declares that the Island’s Debt is Not Payable


“Not only compared to the United States…but compared to the entire world, Puerto Rico’s public debt is nothing to be ashamed of.”

So get things in the proper perspective …. it’s a ruse to steal Puerto RIco for the second time in history!!

WAR AGAINST ALL PUERTO RICANS

War Against All Puerto Ricans: Revolution and Terror in America’s Colony

He finally did it.

In order to save Puerto Rico from a “death spiral,” Governor Alejandro Garcia Padilla announced that the island cannot pay the $73 billion public debt, in the manner that the US is demanding.

“This is not politics,” the governor said. “This is math.”

The announcement was immediately reported by the New York Times, which wasted no time in attacking the governor’s negotiating posture.

http://www.nytimes.com/2015/06/29/business/dealbook/puerto-ricos-governor-says-islands-debts-are-not-payable.html?emc=edit_na_20150628&nlid=56409569&ref=cta

The Times quickly noted that:

“The island has piled on more municipal bond debt per capita than any American state.”

“Debt relief on such a vast scale could raise borrowing costs for other local governments.”

“No American state has re-structured its general obligation debt in living memory.”

Thanks for Showing Some Gonads

First of all, it’s time to thank the governor for finally showing some…er…gonads.

He found them just in time.

A Republican congressman from South Carolina, Jeffrey D. Duncan, is…

View original post 894 more words

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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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