UConn-SMU
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Puerto Rico is 4x worse than Detroit.
I heard this on NPR last night. Puerto Rico is in bad shape. Their debt is over $70 billion due to mismanagement, high taxes, etc. Puerto Ricans (who are Americans) are fleeing to NYC, Philadelphia, and Florida. Economically, they are Greece.
I'm looking for an article on the subject, but can't find one. Based on what NPR was saying, a bailout from Washington seems the only way out. Puerto Rico is incapable of getting out of this by itself.
Once again, this is what happens when libs have a monopoly on power.
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| 12-11-2013 09:51 AM |
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smn1256
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RE: Puerto Rico is 4x worse than Detroit.
I lived there for 4 years. The place is corrupt, inefficient, and under the belief the US will feed it money year in and year out. The worse things get in PR the more they will look to statehood as a solution to their problems. I remember the last plebicite, the options were independence but continuing to take US money; no change but they continue to take US money, or enhanced commonwealth where they stay the same but get even more US money.
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| 12-11-2013 09:58 AM |
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VA49er
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RE: Puerto Rico is 4x worse than Detroit.
(12-11-2013 09:51 AM)UConn-SMU Wrote: I heard this on NPR last night. Puerto Rico is in bad shape. Their debt is over $70 billion due to mismanagement, high taxes, etc. Puerto Ricans (who are Americans) are fleeing to NYC, Philadelphia, and Florida. Economically, they are Greece.
I'm looking for an article on the subject, but can't find one. Based on what NPR was saying, a bailout from Washington seems the only way out. Puerto Rico is incapable of getting out of this by itself.
Once again, this is what happens when libs have a monopoly on power.
Here's an article from the Economist that tells the story...
Puerto Rico's Debt
(This post was last modified: 12-11-2013 10:00 AM by VA49er.)
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| 12-11-2013 09:59 AM |
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georgia_tech_swagger
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RE: Puerto Rico is 4x worse than Detroit.
They had Fortuno who was turning things around but their response to his success was to put a liberal back in office.
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| 12-11-2013 10:05 AM |
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UConn-SMU
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RE: Puerto Rico is 4x worse than Detroit.
(12-11-2013 09:58 AM)smn1256 Wrote: I lived there for 4 years. The place is corrupt, inefficient, and under the belief the US will feed it money year in and year out. The worse things get in PR the more they will look to statehood as a solution to their problems. I remember the last plebicite, the options were independence but continuing to take US money; no change but they continue to take US money, or enhanced commonwealth where they stay the same but get even more US money.
If it was economically viable and crime was not a problem, it would probably be a great place to live.
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| 12-11-2013 10:13 AM |
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VA49er
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RE: Puerto Rico is 4x worse than Detroit.
Maybe we can give PR back to Spain?
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| 12-11-2013 10:13 AM |
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Tom in Lazybrook
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RE: Puerto Rico is 4x worse than Detroit.
(12-11-2013 09:51 AM)UConn-SMU Wrote: I heard this on NPR last night. Puerto Rico is in bad shape. Their debt is over $70 billion due to mismanagement, high taxes, etc. Puerto Ricans (who are Americans) are fleeing to NYC, Philadelphia, and Florida. Economically, they are Greece.
I'm looking for an article on the subject, but can't find one. Based on what NPR was saying, a bailout from Washington seems the only way out. Puerto Rico is incapable of getting out of this by itself.
Once again, this is what happens when libs have a monopoly on power.
A few points.
1) I'm surprised that you listen to NPR.
2) While Puerto Rico's major political parties are neither pure Democrats or Republicans, they do affiliate with these parties. The Governor of Puerto Rico from 2005-2009 was a Republican.
3) This situation down there has been a total mess for a long time.
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| 12-11-2013 10:17 AM |
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smn1256
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RE: Puerto Rico is 4x worse than Detroit.
(12-11-2013 10:13 AM)VA49er Wrote: Maybe we can give PR back to Spain?
Including the ones in New York?
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| 12-11-2013 10:17 AM |
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VA49er
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RE: Puerto Rico is 4x worse than Detroit.
(12-11-2013 10:17 AM)smn1256 Wrote: (12-11-2013 10:13 AM)VA49er Wrote: Maybe we can give PR back to Spain?
Including the ones in New York?
I meant the physical island.
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| 12-11-2013 10:53 AM |
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UConn-SMU
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RE: Puerto Rico is 4x worse than Detroit.
(12-11-2013 10:17 AM)Tom in Lazybrook Wrote: (12-11-2013 09:51 AM)UConn-SMU Wrote: I heard this on NPR last night. Puerto Rico is in bad shape. Their debt is over $70 billion due to mismanagement, high taxes, etc. Puerto Ricans (who are Americans) are fleeing to NYC, Philadelphia, and Florida. Economically, they are Greece.
I'm looking for an article on the subject, but can't find one. Based on what NPR was saying, a bailout from Washington seems the only way out. Puerto Rico is incapable of getting out of this by itself.
Once again, this is what happens when libs have a monopoly on power.
A few points.
1) I'm surprised that you listen to NPR.
2) While Puerto Rico's major political parties are neither pure Democrats or Republicans, they do affiliate with these parties. The Governor of Puerto Rico from 2005-2009 was a Republican.
3) This situation down there has been a total mess for a long time.
I mainly listen to NPR and watch CNN. I also watch a lot of MSNBC.
I'm 51 years old. I grew up with only CBS, NBC, and ABC. I understand the liberal slant and I'm comfortable with it, even though I don't agree with it.
(This post was last modified: 12-11-2013 11:03 AM by UConn-SMU.)
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| 12-11-2013 11:02 AM |
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Jerry Falwell
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RE: Puerto Rico is 4x worse than Detroit.
(12-11-2013 10:05 AM)georgia_tech_swagger Wrote: They had Fortuno Bob McDonnell who was turning things around but their response to his success was to put a liberal back in office.
I thought this was a VA thread for a second.
I'd be for a PR bailout, but the list of demands aren't going to be acceptable by the liberals. Without demands, we only prolong the problem.
#1 - NY, CA, CO, VA, NY, PA must have their liberal supercities (NYC, SoCal, Denver, Fairfax, Phili) broken off from the rest of the states, or electoral votes are no longer given in lump sums.
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| 12-11-2013 12:02 PM |
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firmbizzle
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RE: Puerto Rico is 4x worse than Detroit.
Try again. Don't care and here is why.
1.) It's 86 degrees there right now.
2.) beaches
3.) This
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| 12-11-2013 12:11 PM |
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RobertN
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RE: Puerto Rico is 4x worse than Detroit.
(12-11-2013 10:05 AM)georgia_tech_swagger Wrote: They had Fortuno who was turning things around but their response to his success was to put a liberal back in office.
I can only imagine what "turning things around" means...
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| 12-11-2013 12:44 PM |
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RobertN
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RE: Puerto Rico is 4x worse than Detroit.
(12-11-2013 10:17 AM)smn1256 Wrote: (12-11-2013 10:13 AM)VA49er Wrote: Maybe we can give PR back to Spain?
Including the ones in New York?
Of course, they aren't white or follow the white culture...
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| 12-11-2013 12:47 PM |
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RobertN
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RE: Puerto Rico is 4x worse than Detroit.
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| 12-11-2013 12:52 PM |
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QuestionSocratic
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RE: Puerto Rico is 4x worse than Detroit.
Immigrant goes to America,
Many hellos in America;
Nobody knows in America
Puerto Rico's in America!
Stephen Sondheim got it right 50 years ago
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| 12-11-2013 01:55 PM |
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Jerry Falwell
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RE: Puerto Rico is 4x worse than Detroit.
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| 12-11-2013 04:12 PM |
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smn1256
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RE: Puerto Rico is 4x worse than Detroit.
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| 12-11-2013 06:08 PM |
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smn1256
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RE: Puerto Rico is 4x worse than Detroit.
(12-11-2013 10:53 AM)VA49er Wrote: (12-11-2013 10:17 AM)smn1256 Wrote: (12-11-2013 10:13 AM)VA49er Wrote: Maybe we can give PR back to Spain?
Including the ones in New York?
I meant the physical island.
So just the ones in Manhattan? Gotcha and agree.
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| 12-11-2013 06:09 PM |
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DrTorch
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RE: Puerto Rico is 4x worse than Detroit.
(12-11-2013 10:17 AM)Tom in Lazybrook Wrote: (12-11-2013 09:51 AM)UConn-SMU Wrote: I heard this on NPR last night. Puerto Rico is in bad shape. Their debt is over $70 billion due to mismanagement, high taxes, etc. Puerto Ricans (who are Americans) are fleeing to NYC, Philadelphia, and Florida. Economically, they are Greece.
I'm looking for an article on the subject, but can't find one. Based on what NPR was saying, a bailout from Washington seems the only way out. Puerto Rico is incapable of getting out of this by itself.
Once again, this is what happens when libs have a monopoly on power.
A few points.
1) I'm surprised that you listen to NPR.
2) While Puerto Rico's major political parties are neither pure Democrats or Republicans, they do affiliate with these parties. The Governor of Puerto Rico from 2005-2009 was a Republican.
3) This situation down there has been a total mess for a long time.
 another lazybrook post that is completely irrelevant, but lets tom believe he actually knows something about a topic.
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| 12-11-2013 07:56 PM |
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