Donald Trump declares bankruptcy in Puerto Rico


More than hypocrisy, this is immoral and unethical!
“For 118 years, Puerto Rico has been America’s ATM in the Caribbean.
For 118 years, the US eats dinner and Puerto Rico pays the bill.
For 118 years, Puerto Rico has been…Puerto Trump.”
But who cares? “It’s only Chinatown” … NAD!!

WAR AGAINST ALL PUERTO RICANS

Two days ago, Donald Trump refused to support bankruptcy protection for Puerto Rico. Instead, he told CNN that Puerto Ricans “have too much debt” and “I would not bail them out.”

Trump called himself “The King of Debt” in this CNN interview, but another name is more appropriate…the Height of Hypocrisy. Because Donald Trump himself declared bankruptcy in Puerto Rico, just a few months ago.

Donald Trump and his bankrupt golf course in Puerto Rico

THE TRUMP INTERNATIONAL GOLF CLUB

Donald Trump was one of the principals in the Trump International Golf Club in Puerto Rico. It was an elegant resort, with a 46,000-square foot clubhouse and two 18-hole courses.

Unfortunately, Trump borrowed $26.4 million in municipal bonds for new construction. He defaulted on a payment of $119,814 to the bondholders in August 2014, then declared bankruptcy on July 13, 2015, due to “financial difficulties.”

http://fortune.com/2015/07/14/trump-puerto-rico-golf-bankruptcy/

http://therealdeal.com/miami/blog/2015/07/13/trump-golf-club-in-puerto-rico-files-for-bankruptcy/

http://www.washingtonpost.com/politics/how-donald-trump-can-make-money-even-when-trump-branded-properties-fail/2015/07/23/1ff64854-2ef1-11e5-8353-1215475949f4_story.html

In declaring…

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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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