What about Puerto Rico

Posted by RobertFl 7 years, 10 months ago to Going Galt
3 comments | Share | Best of... | Flag

With P.R. Problems, and the people leaving, why not transform it to a gulch state? It's already semi-autonomous from the US.

All Comments

  • Posted by freedomforall 7 years, 10 months ago in reply to this comment.
    Sorry, its still a US territory. Pointless to go out of the frying pan into the fire.
    Debt holders? Who, the banksters or the US fedgov (who are controlled by the banksters)? Oh yes, that's just peachy. Turn PR into a Manhattan corruption look-a-like.
    Cuba would be a better choice.
    Reply | Permalink  
  • Posted by RobertFl 7 years, 10 months ago in reply to this comment.
    Think regentrification. The 3million residents, living there, are leaving.
    Prop values will drop.
    Keep an eye on it. See what congress decides to do. If we bail them out, I agree with you - no go. But if they simply restructure their debt...they'll never tighten their belt enough to clear that debt. Actually, all the debt holders should just foreclose on them - repossess the island. First privately owned state.
    Reply | Permalink  
  • Posted by freedomforall 7 years, 10 months ago
    It is a looters paradise and the residents won't give it up any more than NY or Mass will. Why would you choose a US territory that is already enslaved to the fedgov?
    Reply | Permalink  

  • Comment hidden. Undo