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Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion

 
Anonymous Coward
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05/03/2017 08:46 PM
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Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Trump Rejects Push to Help Solve Puerto Rico Debt Crisis

SAN JUAN, Puerto Rico — U.S. President Donald Trump said on Thursday that he is opposed to a push to help Puerto Rico resolve its $70 billion debt load as the U.S. territory faces looming austerity measures amid a deep economic crisis.



Puerto Rico files for biggest US municipal bankruptcy
US territory owes creditors $73 billion
Bankruptcy won't be an easy process. A judge still has to approve it. Many prominent Wall Street firms own Puerto Rico's bonds. They are angry about the bankruptcy filing because they fear now they won't get paid back all the money they are owed.

Puerto Rico's situation is ugly. The island has been in an economic recession for about a decade and the unemployment rate is 11.5%, meaning more than one in 10 adults can't find work.
[link to www.news4jax.com]
nutmeg

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05/03/2017 08:54 PM

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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Is everyone aware how rich people from here move there for a short time and become billionaores who don't pay taxes. Unreal.

Using Puerto Rico as a tax haven:
[link to www.nytimes.com (secure)]

Last Edited by nutmeg on 05/03/2017 09:02 PM
G3

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05/03/2017 08:57 PM

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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
herewego
Anonymous Coward
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05/03/2017 08:59 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Lol.
Anonymous Coward
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05/03/2017 09:05 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Do they pay federal taxes as a territory?
Anonymous Coward
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05/03/2017 09:09 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
It's time that they either become a state or we wash our hands of them..
Anonymous Coward
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05/03/2017 09:11 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Hillary would have signed it off, in exchange for children!

tard
Anonymous Coward
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05/03/2017 09:24 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
fuckyeah5
nutmeg

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05/03/2017 09:26 PM

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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Do they pay federal taxes as a territory?
 Quoting: Anonymous Coward 54329648


Lifestyles of the rich:
[link to waragainstallpuertoricans.com (secure)]

2015
Puerto Rico is trying to lure wealth from the mainland U.S. with generous tax exemptions or cuts on corporate taxes, personal income, capital gains and other sources of profit
[link to money.cnn.com]

Last Edited by nutmeg on 05/03/2017 09:28 PM
Anonymous Coward
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05/03/2017 09:26 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
The first domino falls....
Anonymous Coward
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05/03/2017 09:29 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Hillary would have signed it off, in exchange for children!

tard
 Quoting: Anonymous Coward 30999339


epiclol
Anonymous Coward
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05/03/2017 09:31 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
We should gift it to Cuba.
Anonymous Coward
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05/03/2017 09:33 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Fuck them. Set em free.
angryonion

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05/03/2017 09:34 PM

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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Uh its still Wednesday how can Trump say it on a Thursday?
SAN JUAN, Puerto Rico — U.S. President Donald Trump said on Thursday that he is opposed to a push to help Puerto Rico resolve its $70 billion debt load as the U.S. territory faces looming austerity measures amid a deep economic crisis.
Artemis Rand

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05/03/2017 09:37 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
spaceball 1
AMERICAN EXCEPTIONALISM:

KICKING ASS, KILLING NAZIS, KILLING COMMIES, MAKING BABIES, BUILDING CITIES, EXPLORING SPACE, GOING TO THE MOON, AND PUTTING THE "CIVIL" IN CIVILIZATION SINCE 1776!

******************************

But I tell you this man, I tell you this, I carry an aura of "fuck you" everywhere I go and while I may not cause scenes I can sure as hell continue them and escalate them but good.

******************************

There is going to be a second revolution folks.

Count on it - and it will be the citizens against the government.

It will be damn bloody. It will be a war of attrition. It will result in over 100 million dead.

The heavy handedness of the government - the fascists in code enforcement and animal control especially - have brought this upon themselves.
Anonymous Coward
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05/03/2017 09:39 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
fuck Puerto Rico.

Give Puerto Rico to Hattie.
Anonymous Coward
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05/03/2017 09:42 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Why should my kids bail them out as we go deeper into debt for the next generation to be stuck with.

Bond holders are upset? It is called bad investing. Why should my taxes pay?

Can you imagine if we peons lived beyond our means and asked the government to bail us out....
Anonymous Coward
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05/03/2017 09:51 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Trump may not like it, but he can't stop it.

Puerto Rico Files for Bankruptcy the Day After Trump Admin Brags About Blocking Funds
Anonymous Coward
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05/03/2017 09:52 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
fuck Puerto Rico.

Give Puerto Rico to Hattie.
 Quoting: freddie 0


Haiti, genius
Anonymous Coward
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05/03/2017 09:54 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Trump could sell Puerto Rico and the U.S. would still
owe the Buyer money.
jkm1864

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05/03/2017 09:54 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
You know it never fails to amaze Me how stupid the government really is. I mean seriously it's the fucking pensions that are sucking up all the money and no one ever thinks about cutting them all 50%. The way I look at it retirees should have a damn house paid for but NOOOOO We have to tax the hell out of young families that are already struggling.
Pussy Grabber Extraordinaire
jkm1864

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05/03/2017 09:56 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Here is an idea!! Stick the debt on all the politicians, government workers, & welfare people and call it a day. Why the hell should people whom aren't feeding on the troft of big government have to suffer for the idiots that are?
Pussy Grabber Extraordinaire
Anonymous Coward
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05/03/2017 09:57 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
You know it never fails to amaze Me how stupid the government really is. I mean seriously it's the fucking pensions that are sucking up all the money and no one ever thinks about cutting them all 50%. The way I look at it retirees should have a damn house paid for but NOOOOO We have to tax the hell out of young families that are already struggling.
 Quoting: jkm1864


Puerto Rico is another Commie Marxist Utopia, just like Venezuela.
cut them loose.
Anonymous Coward
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05/03/2017 10:29 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
This might be ALOT worse than 73 billion...wait for the credit default swaps to kick in and ripple across the global markets.

Trump has no choice!

Far too many are up to their eyeballs in debt...After the first bail-out there will be a million others looking for a bail-out. Especially all of california and shitcago!
Anonymous Coward
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05/03/2017 10:30 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
This should end well...

I'm glad though. Ready for the real 'truth in lending' statement to take hold in America.
Anonymous Coward
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05/03/2017 10:31 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Good. Now WHEN is Trump going to send the corrupt people to prison?

Puerto Rico...headquarters for the IRS.

Good riddance. I hope the poor there riot and torch the rich corrupt people who made out like robbers at their expense.

Am I an Angry American?
Anonymous Coward
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05/03/2017 10:33 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Good. Now WHEN is Trump going to send the corrupt people to prison?

Puerto Rico...headquarters for the IRS.

Good riddance. I hope the poor there riot and torch the rich corrupt people who made out like robbers at their expense.

Am I an Angry American?
 Quoting: Anonymous Coward 74799336


Trump is just going to let them all drown in their own shit.
he's busy with other stuff.
Rachael123

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05/03/2017 10:34 PM

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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Trump Rejects Push to Help Solve Puerto Rico Debt Crisis

SAN JUAN, Puerto Rico — U.S. President Donald Trump said on Thursday that he is opposed to a push to help Puerto Rico resolve its $70 billion debt load as the U.S. territory faces looming austerity measures amid a deep economic crisis.



Puerto Rico files for biggest US municipal bankruptcy
US territory owes creditors $73 billion
Bankruptcy won't be an easy process. A judge still has to approve it. Many prominent Wall Street firms own Puerto Rico's bonds. They are angry about the bankruptcy filing because they fear now they won't get paid back all the money they are owed.

Puerto Rico's situation is ugly. The island has been in an economic recession for about a decade and the unemployment rate is 11.5%, meaning more than one in 10 adults can't find work.
[link to www.news4jax.com]
 Quoting: Goneviral


Anonymous Coward
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05/03/2017 10:36 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Puerto Rico is another Commie Marxist Utopia, just like Venezuela.
cut them loose.
 Quoting: freddie 0



Exactly.

Shit holes like PR almost always come with a long history of libtardism. People in such places think, act and vote almost exactly like dumb-ass liberals in urban dystopias throughout America.






`
Mystic Sky

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05/03/2017 10:38 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Puerto Ricans do not pay Federal Taxes and you can't even fathom the amount of welfare dollars that flow into there. They want their independence, they say...by all means!!
Anonymous Coward
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05/03/2017 10:39 PM
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Re: Trump rejects Puerto Rico Bailout they file for biggest US municipal bankruptcy US territory owes creditors $73 billion
Trump needs to quit playing footsie with the NWO and get serious.





GLP