Puerto Rico

Puerto Rico is in deep financial distress and the GOP solution is to impose austerity on its citizens in a southern version of Michigan’s denial of home rule for impoverished cities. Sort of a Flint water solution for the entire island. The people who will suffer are the residents of Puerto Rico who are all American citizens. The beneficiaries of the GOP solution will be the Wall Streeters who have purchased Puerto Rico’s debt obligations for pennies on the dollar.

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