The horrors have started … Puerto Rico’s assets FOR SALE ….
by their own government! The bond holders are coming for their payment. This is the results of ‘PROMESA’, thank you, USA … you are complicit again!
Last week, Gov. Garcia Padilla ordered the sale of more than 350 school buildings throughout Puerto Rico. He did this though an “executive order” that was not disclosed for six days…then quietly announced on Black Friday, the day after Thanksgiving.
But the problem is even deeper than 350 schools. The governor’s statutory language will now empower him – and incoming governor Ricky Roselló – to sell ALL the public assets of Puerto Rico, whenever they see fit. Here is how they’ll do it…
An executive order is a powerful weapon. With the stroke of a pen, a governor can create a mandate which is immune to legislative veto…and little, if any, public review.
That is what exactly what Gov. Garcia Padilla did on Nov. 19, with Executive Order 2016-046, which authorized the private sale of over over 350 public schools.
But now, through Law 12 of…
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