Posted on 06/09/2016 7:42:59 AM PDT by cll
They have $70 Billion in debt.
Now WE have it.........................
It means business as usual. We always were responsible for their debt, and now the SCTUS has affirmed that responsibility.
That’s what you get when you agree to overthrow a regime on an island nation, but then refuse to allow them to be a sovereign nation. They become your ward.
Nothing to see here, move along.
The 1898 conflict was necessary to keep Germany or some other European power from seizing Spain’s empire. The Germans had definite plans to seize the Spanish empire and when the US beat them to it they actually made plans to make war on the US.
A novelist named Conroy wqrote about the possible war after finding documentation of the the actual German plans to invade Long Island and then seize New York City. The plan was to hold NYC hostage in exchange for the US ceding the recent Spanish conquests.
https://en.wikipedia.org/wiki/1901_(novel)
Yes, it means that whatever the government of PR did or does, Congress is ultimately responsible for their actions, good or bad, and in this case ‘mucho grande mal’, to the tune of $70 BILLION in debts........................
Puerto Rico is now Puerto Pobre
Perhaps we should just cut Puerto Rico loose. Although I have liked all the Puerto Ricans I have met.
It’s called Independence.
Move everyone from the island to Nevada and give the island to the Marines.
Might be that the S.Ct. is creating a way for Congress to bail out PR’s idiotic finaces by declaring the government a nonentity.
Bend over US taxpayers.
This is the form the Bailout of PR is taking. Congress will pay off PR’s debts with your money and mine.
Basing a historical novel on supposedly found long-lost or long kept secret :facts: which are in actuality just part of the fictional story is a common writers’ tool.
I have enjoyed some very well-written “what-if” stories.
I went there for work back in Dec 1996. I have no problems there, at all, with the hotel staff, or the locals. I stayed at the juncture between Old San Juan and San Juan, and walked or took a taxi everywhere, without any problems. The food was great, the locals were nice, and the hotel staff was attentive and professional.
“Are you certain the found documents were legitimate?
This is the first I have heard of such German plans.”
https://en.wikipedia.org/wiki/Imperial_German_plans_for_the_invasion_of_the_United_States
The plans were very real.
Puerto Rico will never sink under their own death and Guam will never tip over? ( hat tip Congressman Hank Johnson )
Puerto Rico is an unincorporated territory of the United States.
Consequence: Their bond default is our bond default.
Consequence: Our “paper” is worthless on the world market.
Consequence: Economically, we are a dead man walking. It is just a matter of a few more days/weeks before we fall down.
This means they’ll unfortunately become a 51st state.
“This means they’ll unfortunately become a 51st state.”
They could also vote for independence and in doing so declare their current debt to be the responsibility of the USA.
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