Not that the average American writes much better, but you know what I mean.

To compound the impression and shove it into the realm of ignorance, the post is about the precarious situation of Puerto Rico’s municipal bonds, not about status or invasions or whatever the flippin’ hell roils in a statehood supporter’s febrile noggin. Stick to the topic, look at the facts and have someone teach you where spell-check is. Better yet, learn English in the 16 years of schooling most of you (may have) completed.

Stop embarrassing yourselves, which might be asking too much of the plainly self-deluded. And one last point: Recent events have proven the post’s point. The massive debt increase in a weak economy/contracting economy means greater investor risk and the possibility of needing a bailout. Like Greece needed a bailout. We might be years or months away from that, but we are getting closer to that, rather than farther away.

Moody’s Downgrades $16 billion in Puerto Rico bonds: http://puertorico.municipalbonds.com/bon ds/moodys_report/19457/

In short Puerto Ricans pay federal taxes but are not represented with a vocal and Voting representative. This friends is the definition of Taxation Without Representation.

Because years years ago puerto ricans were hard as workers mayby a lil more then anybody! But once u see what america does to you its lazy because america is the disque (so call) free life when it actually no its not it just has more money then other countries and a lil less laws and gangs tht is corrupted in other nations such as central america

Puerto rico would of got independence years ago by spain but remember even some of you said it u.s just walked in on puerto rico all didily dadly how the white rednecks say it and did things without our permission! So its not puerto rico fault blame yah white gringos for this situatuion u started it now finish it an old saying!

Puerto rico won’t ever become a state been trying for years and still won’t happen
I have faith in my people as well as you guys do for your country

Remember before u.s came in puerto ricans were hard ass workers then u show them your life and made them lazy even though I see puerto ricn busninessed and they trying to work as ahrd as they can!

Debtts is out of hands everyone owes everyone money

http://www.youtube.com/watch?v=8FnFmngIS QA&feature=youtu.be

1.Puerto Rico has an Emigration issue, skilled workers leave and workers in puerto rico are often immigrants,

2. Puerto rico does not get state aid like other states but also is left on its own due to non-state hood, calling it america’s greece is silly, as it isn’t a state, the demographics, economy, language, infrastructure, history of the USA has little or nothing to do with puerto rico,

3. Greece’s problems are due to the Euro a one size all fits currency, tax evasion, and spending unwisely, greece is soverign , puerto rico is basically a colony with a few rights due to its status not being final,

4. Food Stamps have long been gone in puerto rico, almost 30 years, before the book was published, a switch to a less costly block grant program was given.

5. The “Greece scare” is common amongst folks, ignoring the facts, greeks work very hard and tax evasion is a problem, take a look at ireland one of the “pigs”, austerity and low corporate taxation would make conservatives smile, but alas to no avail, of course I am not saying conservatives are wrong, but to use rhetoric and not get the facts straight, credibility of your point and argument, in fact high spending states such as sweden and finland are doing fine.

In summary, Puerto rico cannot be America’s greece because the former is more like a wanted/unwanted stepchild and stepparent.

If you believe PR has a strong economy you must be kidding. When everything cost almost double than in the states and the salaries of people are stagnant how that can be progress. If you tell me that the underground economy is making money I will believe you “drugs” everyone. Indeed they are making a killing at there.

Now Mrs. Long has not posted anything that is not true about PR economy that is a completed fiasco and if you really believe that the USA will bail you out you better think twice that rhetoric. In your dreams!!!!

Let’s revisit the topic when interest rates have risen and rolling PR debt becomes a lot more expensive. The very low rate environment has been a blessing to municipal issuers. It’s unlikely that this condition will last given the quantity injected into the monetary system.