Progressive Paradise Lost

The Daily Signal ^ | July 1, 2015 | Salim Furth

[Jimmy Valentine's brother]

roughly $73 billion in debt “not payable,” .....
I think at $18T we've arrived at the no more toilet paper door.

[piasa]

bump.

[piasa]

Puerto Rico’s progressive policies are not a coincidence. President Franklin Roosevelt appointed Rexford Tugwell, one of his most progressive lieutenants, governor of Puerto Rico in 1941.
Tugwell created a unique stream of tax revenue and used it to experiment with a centrally planned economy, extending the reach of the government of Puerto Rico into every sector of the economy.
Stricken and stunted by the plans of Tugwell and his successors, Puerto Rico has never lived up to its promise as an American commonwealth.

[Fedora]

Very interesting. Tugwell was one of the key New Deal links to the far left. I’m wondering now if this ties into the Puerto Rican nationalist assassination attempt on Truman.