Another Donk Failure

[Baldy]

Bad news for the US' largest Welfare State.

Puerto Rico's Governor Says Debts are "Not Payable"

Puerto Rico’s governor, saying he needs to pull the island out of a “death spiral,” has concluded that the commonwealth cannot pay its roughly $72 billion in debts, an admission that will probably have wide-reaching financial repercussions.

The governor, Alejandro García Padilla, and senior members of his staff said in an interview last week that they would probably seek significant concessions from as many as all of the island’s creditors, which could include deferring some debt payments for as long as five years or extending the timetable for repayment.

“The debt is not payable,” Mr. García Padilla said. “There is no other option. I would love to have an easier option. This is not politics, this is math.”

It is a startling admission from the governor of an island of 3.6 million people, which has piled on more municipal bond debt per capita than any American state.

[kalm]

Cut taxes, regulations, and spending.

[Ivytalk]

Yep, PR deserves to be our 51st state.

[CID1990]

Yep, PR deserves to be our 51st state.

The only difference between PR and CA is a matter of scale.

[AZGrizFan]

Yep, PR deserves to be our 51st state.

The only difference between PR and CA is a matter of scale.

[AZGrizFan]

$72 billion in debt for 3.6 million people.

[travelinman67]

Yep, PR deserves to be our 51st state.

The only difference between PR and CA is a matter of scale.

...and per capita, we're crazier.

[Ivytalk]

$72 billion in debt for 3.6 million people.

That's equivalent to $20,000 in credit card debt for every Puerto Rican.

[Chizzang]

So I'm still trying to figure out how this is the American Liberals fault..?
explain Puerto Rico's failure and its direct Correlation to American Liberals like I was a 5 yr. old please

[OL FU]

So I'm still trying to figure out how this is the American Liberals fault..?
explain Puerto Rico's failure and its direct Correlation to American Liberals like I was a 5 yr. old please

I'm a little liberal short and stout.
Here is my handle. Here is my spout.
When I get all heated hear me shout.
Tip me over and your money rushes out

[travelinman67]

So I'm still trying to figure out how this is the American Liberals fault..?
explain Puerto Rico's failure and its direct Correlation to American Liberals like I was a 5 yr. old please

I'm a little liberal short and stout.
Here is my handle. Here is my spout.
When I get all heated hear me shout.
Tip me over and your money rushes out

William Buckley couldn't have said it better.

[Ivytalk]

I'm a little liberal short and stout.
Here is my handle. Here is my spout.
When I get all heated hear me shout.
Tip me over and your money rushes out

William Buckley couldn't have said it better.

That's St. William to you!

[Chizzang]

Okay so as I suspected...
Thanks for the confirmation

That's the same kind of answer T-man gives
when he's blowing farts into the wind on some topic

[Ivytalk]

Okay so as I suspected...
Thanks for the confirmation

That's the same kind of answer T-man gives
when he's blowing farts into the wind on some topic

I don't know, Chizz. OL FU gets right to the heart of it, as usual. Liberals love to spend other people's money. QED. What about that don't you get? Or are you expecting to be dazzled with pages of algorithms, graphs and charts?

[Chizzang]

Okay so as I suspected...
Thanks for the confirmation

That's the same kind of answer T-man gives
when he's blowing farts into the wind on some topic

I don't know, Chizz. OL FU gets right to the heart of it, as usual. Liberals love to spend other people's money. QED. What about that don't you get? Or are you expecting to be dazzled with pages of algorithms, graphs and charts?

Really,
is that what liberals do...
Gee thanks for that important insight into the Liberal mind

I'll remember that when I pay my taxes to Lockheed Martin and Northrop Grumman
The two Liberal Strongholds soaking up $600 billion a year



Last time I checked a sh!tload of Conservatives were spending MY MONEY

[Ibanez]

I don't know, Chizz. OL FU gets right to the heart of it, as usual. Liberals love to spend other people's money. QED. What about that don't you get? Or are you expecting to be dazzled with pages of algorithms, graphs and charts?

Really,
is that what liberals do...
Gee thanks for that important insight into the Liberal mind

I'll remember that when I pay my taxes to Lockheed Martin and Northrop Grumman
The two Liberal Strongholds soaking up $600 billion a year

Is that how much freedom cost?

[OL FU]

Okay so as I suspected...
Thanks for the confirmation

That's the same kind of answer T-man gives
when he's blowing farts into the wind on some topic

You said 5 year old
If you don't mean it, don't say it

[Chizzang]

Really,
is that what liberals do...
Gee thanks for that important insight into the Liberal mind

I'll remember that when I pay my taxes to Lockheed Martin and Northrop Grumman
The two Liberal Strongholds soaking up $600 billion a year

Is that how much freedom cost?

Depends... The Pentagon has only misplaced $8.5 trillion... so who's counting
$23,000 for every man woman and child in America

http://www.ringoffireradio.com/2015/06/ ... yer-money/" onclick="window.open(this.href);return false;

[Grizalltheway]

Really,
is that what liberals do...
Gee thanks for that important insight into the Liberal mind

I'll remember that when I pay my taxes to Lockheed Martin and Northrop Grumman
The two Liberal Strongholds soaking up $600 billion a year

Is that how much freedom cost?

If you don't pay your buck o five, who will?

[Ibanez]

Is that how much freedom cost?

If you don't pay your buck o five, who will?

Whoa. That's a hefty fuckin fee.

[dbackjon]

Yep, PR deserves to be our 51st state.

The only difference between PR and CA is a matter of scale.

You really are clueless, aren't you?

[Chizzang]

Okay so as I suspected...
Thanks for the confirmation

That's the same kind of answer T-man gives
when he's blowing farts into the wind on some topic

You said 5 year old
If you don't mean it, don't say it

Don't go soft on me now...

[travelinman67]

Okay so as I suspected...
Thanks for the confirmation

That's the same kind of answer T-man gives
when he's blowing farts into the wind on some topic

I don't know, Chizz. OL FU gets right to the heart of it, as usual. Liberals love to spend other people's money. QED. What about that don't you get? Or are you expecting to be dazzled with pages of algorithms, graphs and charts?

Hippie is becoming an unabashed, knee-jerk, ideologic libtard.

Doesn't matter what proof he's provided...he'll spin and waltz and deflect and mock and attempt to discredit...

...yet never counters with researched facts.

NEVER

EVER

OL FU knocked it out of the park again, and Hippie attacks the delivery.

[Chizzang]

I don't know, Chizz. OL FU gets right to the heart of it, as usual. Liberals love to spend other people's money. QED. What about that don't you get? Or are you expecting to be dazzled with pages of algorithms, graphs and charts?

Hippie is becoming an unabashed, knee-jerk, ideologic libtard.

Doesn't matter what proof he's provided...he'll spin and waltz and deflect and mock and attempt to discredit...

...yet never counters with researched facts.

NEVER

EVER

OL FU knocked it out of the park again, and Hippie attacks the delivery.

thanks for being so helpful and unbiased

[AZGrizFan]

I don't know, Chizz. OL FU gets right to the heart of it, as usual. Liberals love to spend other people's money. QED. What about that don't you get? Or are you expecting to be dazzled with pages of algorithms, graphs and charts?

Really,
is that what liberals do...
Gee thanks for that important insight into the Liberal mind

I'll remember that when I pay my taxes to Lockheed Martin and Northrop Grumman
The two Liberal Strongholds soaking up $600 billion a year



Last time I checked a sh!tload of Conservatives were spending MY MONEY

How do you know WHO is spending your money? Obama hasn't had a budget in 6 years...