Two Fiscal Control Board Members Accused of Helping Create Puerto Rico’s Debt Crisis


González & García should be removed and indicted!! ‘Vende patria‘ … shameful, Puerto Rico is your ‘motherland’ … guess you don’t care about your mother!

‘A new report, titled “Pirates of the Caribbean,” argues that control board members José Ramon Gonzalez and Carlos Garcia should be held accountable for their part in plunging the island into debt.’

Repeating Islands

santanderpuertorico_01-11-220x300Daniel Marans (Huffington Post) writes about a recent report that calls for former bank executives—José Ramón González and Carlos García—to quit the island’s fiscal control board:

Activists are calling for the resignation of two members of Puerto Rico’s fiscal control board over the roles they previously played in boosting bank profits at the expense of the island’s financial health. The control board, which has veto power over major Puerto Rican budget decisions, was created by Congress in June as the island foundered under $70 billion in public debt.

A new report, titled “Pirates of the Caribbean,” argues that control board members José Ramon Gonzalez and Carlos Garcia should be held accountable for their part in plunging the island into debt. The paper, released Thursday, comes from two progressive coalitions, Hedge Clippers and the Committee for Better Banks, which both seek to combat the political power of financial…

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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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