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Donald Trump won't bail out Puerto Rico
CNN -Money ^ | May 7, 2016 | Heather Long

Posted on 5/9/2016, 8:14:14 PM by Beautiful_Gracious_Skies

Donald Trump says Puerto Rico has "far far too much debt," and the U.S. government shouldn't bail out the island.......

Puerto Rico is in crisis mode. It has run up $70 billion in debt, a staggering amount for an island of under 3.5 million people.....

"You have to cut the debt way down and get back to business," he said.

(Excerpt) Read more at money.cnn.com ...


TOPICS: News/Current Events; Politics/Elections; US: New York
KEYWORDS: 2016election; 2016issues; bailout; cesarconda; debt; election2016; newyork; paulryan; puertorico; toobigtofail; trump
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1 posted on 5/9/2016, 8:14:14 PM by Beautiful_Gracious_Skies
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To: Beautiful_Gracious_Skies

We should sell Puerto Rico back to Spain for $1. I will pay for it.


2 posted on 5/9/2016, 8:16:29 PM by forgotten man
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To: Beautiful_Gracious_Skies

I’m trying to think of what it is that we need from Puerto Rico..

Still trying..


3 posted on 5/9/2016, 8:16:45 PM by humblegunner (NOW with even more AWESOMENESS)
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To: Beautiful_Gracious_Skies

And he is correct again. Bailing out Puerto Rico would set a precedent to bailout states and other local municipalities.


4 posted on 5/9/2016, 8:17:07 PM by PJBankard
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To: Beautiful_Gracious_Skies

Pouring money into that sinkhole is a waste. It is a net drain. Cut it off and give it away.


5 posted on 5/9/2016, 8:18:19 PM by I want the USA back (The further a society drifts from the truth, the more it will hate those who speak it. Orwell.)
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To: Beautiful_Gracious_Skies

The Donald is a businessman. He knows a bad investment.


6 posted on 5/9/2016, 8:18:25 PM by bgill (CDC site, "We still do not know exactly how people are infected with Ebola")
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To: I want the USA back

Trade it to Mexico for Baja California.


7 posted on 5/9/2016, 8:18:54 PM by Pelham (Trump/Tsoukalos 2016 - vote the great hair ticket)
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To: forgotten man

Hillary will make it a state.
2 guaranteed Dem Senators and 3 or 4 Reps.


8 posted on 5/9/2016, 8:19:38 PM by nascarnation
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To: Beautiful_Gracious_Skies

For not being a “true conservative” Trump seems to be on the right side of a lot of things.


9 posted on 5/9/2016, 8:20:24 PM by E. Pluribus Unum ("If voting made any difference they wouldn't let us do it." --Samuel Clemens)
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To: E. Pluribus Unum

True Conservatives™ will just claim he is lying, and/or would change his mind.


10 posted on 5/9/2016, 8:22:05 PM by Utmost Certainty
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To: humblegunner

Baseball players

Aside from that, I’m with you.

Still thinking....


11 posted on 5/9/2016, 8:22:58 PM by RightWingNut
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To: Beautiful_Gracious_Skies

Auction it off on that website you can get mail jeeps for a $100.


12 posted on 5/9/2016, 8:23:27 PM by IllumiNaughtyByNature (HTTP 500 - Internal Server Error)
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To: humblegunner
he·gem·o·ny həˈjemənē,ˈhejəˌmōnē/
13 posted on 5/9/2016, 8:23:54 PM by orchestra ((And there were also two other, malefactors, led with him to be put to death.))
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To: humblegunner

Good boxers, good soldiers. That is in my experience.


14 posted on 5/9/2016, 8:24:56 PM by jwalsh07
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To: E. Pluribus Unum

For not being a “true conservative” Trump seems to be on the right side of a lot of things.

...

Similar to Reagan.


15 posted on 5/9/2016, 8:25:07 PM by Moonman62 (Make America Great Again!)
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To: Pelham

How about build the wall, deport the illegals to Puerto Rico and then turn it over to Mexico?


16 posted on 5/9/2016, 8:25:19 PM by HombreSecreto (The life of a repo man is always intense)
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To: Beautiful_Gracious_Skies

You watch.....Obama will bail them out.


17 posted on 5/9/2016, 8:26:45 PM by Sacajaweau
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To: Beautiful_Gracious_Skies

the entire island is on welfare and always has been. Terrible.


18 posted on 5/9/2016, 8:29:02 PM by nikos1121 (A Trump America will be like Greece's Golden Age of Pericles)
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To: Beautiful_Gracious_Skies

Couldn’t he at least offer Something? That is, perhaps a road map to start getting out of debt and not let it happen again. Offer some cash for the particulars to get the ball rolling. Where there’s a will, there’s a way. It would go a long way...


19 posted on 5/9/2016, 8:29:19 PM by ransacked
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To: Beautiful_Gracious_Skies

http://www.forbes.com/sites/taxanalysts/2014/01/28/the-obama-administrations-backdoor-bailout-of-puerto-rico/#62865b04182e


20 posted on 5/9/2016, 8:29:23 PM by Sacajaweau
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