Puerto Rico
"It’s unforgivable that resources have been kept in a warehouse.”
According to the Miami Herald, Republican Senator Marco Rubio told them that he had “zero concern” about a mass migration of Puerto Ricans to Florida, adding that the problem would be for Puerto Rico, not Florida.
The effort to relieve, or bail out the U.S. commonwealth of Puerto Rico from its current economic struggles, has just received a big boost form the Obama administration. U.S. Treasury Secretary Jacob Lew has said that allowing Puerto Rico the opportunity to file for bankruptcy will in fact help the island get out from under […]
Democratic Congressman Luis Gutierrez (IL), who is one of the most outspoken supporters for a pathway to amnesty for all illegal immigrants living in the U.S., took to the House floor to make the case for why Congress needed to act, and bailout the island of Puerto Rico from its current state of economic misery. […]
The island of Puerto Rico, which is a commonwealth of the United States, has slowly plunged into an seemingly insurmountable $72 billion debt load and spike in unemployment, that is causing a mass exodus of native Puerto Ricans from the island to the mainland U.S. Aside from tourism, Puerto Rico doesn't offer much in terms […]
The 2016 election may very well be the one election that changes the face of Florida politics. How so? Well, considering that the island of Puerto Rico, a U.S. commonwealth, is enduring unprecedented unemployment and a staggering $72 billion in debt, more and more islanders are moving to Florida, mainly to central Florida. Aside from […]
According to Puerto Rican Governor Alejandro Garcia Padilla, Puerto Rico's debts are "not payable". According to the New York Times, Puerto Rico’s bonds have a face value about eight times that of Detroit’s. Its call for debt relief on such a vast scale could raise borrowing costs for other local governments as investors shy away from […]
BY: JORGE BONILLA Capital punishment has been banned in Puerto Rico since the inception of the 1952 Commonwealth constitution, and the last execution was conducted way back in 1927. However, a horrific 2009 mass murder could force a return of the death penalty via the federal court system. The infamous "La Tómbola Massacre" of […]
