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Congress, Not Obama’s Cronies, Can Save Puerto Rico
Canada Free Press ^ | 04/27/16 | Megan Barth

Posted on 04/27/2016 8:11:32 AM PDT by Sean_Anthony

Speaker Ryan has made it crystal clear that House Republicans' number one priority is to shield American taxpayers from a bailout of Puerto Rico

My problem lies in reconciling my gross habits with my net income.—Errol Flynn

Due to Puerto Rico’s gross habits, the commonwealth has amassed a total debt of over $72 billion and has already defaulted on $221 million of its’ debt. When unfunded liabilities (pensions) are included, these additional costs bring the total value of their debt closer to $165 billion, approximately $150% of its’ GDP.


TOPICS: Government; Politics; Society
KEYWORDS: bailout; congress; paulryan; puertorico

1 posted on 04/27/2016 8:11:32 AM PDT by Sean_Anthony
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To: Sean_Anthony

PR had a balanced budget with a republican governor...


2 posted on 04/27/2016 8:30:59 AM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: Sean_Anthony
Due to Puerto Rico’s gross habits, the commonwealth has amassed a total debt of over $72 billion and has already defaulted on $221 million of its debt.

What is that apostrophe doing there?

When unfunded liabilities (pensions) are included, these additional costs bring the total value of their debt closer to $165 billion, approximately $150% of its GDP.

There it is again, in the very next sentence! What is that supposed to be? A "double possessive?"

Regards,

3 posted on 04/27/2016 8:56:49 AM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: Sean_Anthony

Hey just call the bailout an agreement:-)


4 posted on 04/27/2016 10:03:49 AM PDT by Harpotoo
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To: Sean_Anthony; All

NO (loan or Bailouts)!!! TIME For All Debits to be paid, For it is TOTALLY Impossible... The Collapse only Grows Worst as we Ignore Reality!

The Enemy is within and until we deal with that Enemy we will Never be able to Deal with the Enemy’s outside the Nation.


5 posted on 05/01/2016 3:34:49 PM PDT by jafojeffsurf (Return to the Constitution, A Moral People, and Return to On Nation UNDER God!)
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