OMG!! I missed this one … this is an important one!! What an analogy!! I so hope that “the frog” does jump out!!!
Drop a frog into a pot of boiling water, and the frog will hop right out.
Drop the same frog into cool water, heat the pot slowly, and the frog will stay inside…until it boils to death.
This is happening right now in Puerto Rico.
For the past ten years, the island’s heat has been rising…electricity hikes…property tax hikes…three gasoline tax hikes…an 11.5% sales tax…teachers laid off…200 schools closed…pensions rolled back…
Over a million Boricuas fled the island as a result. This was the escape valve…but now, the water has reached a boiling point.
THE BOILING OF PUERTO RICO
Two weeks ago, the Puerto Rico legislature privatized the public school system.
RFPs were also issued for the privatization of PREPA, with a built-in 4.2 cent rate hike as an inducement to corporate bidders.
A five-member Financial Control Board is now under consideration by the island legislature. This Board will rule…
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