President-elect Donald Trump isn’t just appointing incompetent buffoons to his Cabinet, but deeply immoral individuals who are completely lacking in family values.
Puerto Rico debt crisis
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How Puerto Rico's Debt Created A Perfect Storm Before The Storm
The island's own government borrowed billions of dollars to pay its bills, a practice that Puerto Rico's current governor, Ricardo Rosselló, now calls "a big Ponzi scheme."
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Hedge Funds Helped Wreck Puerto Rico’s Economy – Now the Poor Are Paying the Price
According to financiers, the only way out of the island's economic mess is to eliminate the minimum wage, sell off public assets, lay off teachers, shutter schools, cut workers’ vacation and benefits, and raise sales taxes.
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How Corporate Tax Breaks from Washington Fueled Puerto Rico’s Staggering Debt Crisis
A series of tax breaks enacted in Congress shielded the profits of U.S. corporations operating on the island – and when a crucial tax credit ended 10 years ago, it plunged Puerto Rico into a recession that led to today's crisis.
