World

Puerto Rico doesn’t want reform

Puerto Rico is set to become the world’s worst economy next year (emphasis added) the island’s economy will shrink by about 8% in 2018, according to a November forecast by the Economist Intelligence Unit. Our @TheEIU forecasts for the world’s 20 slowest growing economies in 2018. #Venezuela to shrink yet [Read More]

Elections

Will Puerto Rico turn Florida blue?

The state of Florida, population 21 million, currently has 29 electoral votes. On the 2016 presidential election, Hillary Clinton lost Florida to Donald Trump by 112,911 votes (Trump’s 4,617,886 – Hillary’s 4,504,975). In 2015 89,000 Puerto Ricans left the island for the States, with Florida, Texas, Pennsylvania, Ohio and Connecticut (in order [Read More]

Government

FCC Approves $77M to Repair Communication Networks in U.S. Virgin Islands, Puerto Rico

The FCC has allocated approximately $77 million for the restoration of communications networks destroyed in Puerto Rico and the U. S. Virgin Islands during Hurricane Maria (and Irma). FCC Blog by Ajit Pai A Jump-Start for Restoring Communications Networks in Puerto Rico and the Virgin Islands Hurricane Maria has had [Read More]

World

Puerto Rico: The centennial of my grandfather’s house

My grandfather didn’t come to America; America came to him. Like many young Spaniards over the ages, he – along with his brother and two cousins – left Spain. They left their sisters in Northern Spain, arrived in Puerto Rico in the late 19th century, started businesses, married, started families, [Read More]

Politics

NYC’s Puerto Rican Day parade to honor convicted terrorist Oscar Lopez Rivera

Oscar López Rivera, FALN terrorist convicted of waging war against the United States, will be honored as “National Freedom Hero” at this year’s National Puerto Rican Day Parade on June 11. The guy is an unrepentant terrorist who used his own apartment as a bomb-making factory. López Rivera was reportedly involved directly or [Read More]

World

Puerto Rico: Castro aided and abetted 1983 Wells Fargo robbery

Cuban dictator Fidel Castro allegedly financed and supported the costliest cash robbery in U.S. history, the 1983 theft of $7 million from a Wells Fargo depot in West Hartford. Edmund Mahony reports, Castro Had Secret Role In Infamous Wells Fargo Robbery Weeks before the robbery, Masetti said, he delivered $50,000 [Read More]

Economics

Obama Appoints Board to Restructure Puerto Rico’s Debt – the New Greece?

  Earlier this summer Puerto Rico which is $70 billion plus in debt defaulted (third default) on $779 million worth of general obligation bonds. The day before Barack Obama signed into legislation, Puerto Rico Debt Crisis Bill aka PROMESA (Puerto Rico Oversight, Management, and Economic Stability Act) which will undoubtedly [Read More]