Every dollar going to one of the hedge funds that have bought up much of the islands' debt is a dollar taken away from saving lives
Vulture capitalism and the people who practice it use wealth and power to take from the people - like vultures they swoop-in with paper money to steal and loot when opportunity arises - when people are vulnerable - to buy the future from those who just try to live.
“Live simply so that others may simply live”, is a saying and morality those kind off people have no conception of; they live in their arrogance to take from Mother Earth and people who very often are powerless to fight-back against their extreme avarice and utter lack of moral compass.Those kind of people have learned to use the “law” and government for their own ends regardless how many millions or billions they harm! Those kind must be rooted-out and removed from power - forced to pay for their ambition - so that “just folks” may just live! VIVA Puerto Rico!
I don’t think Puerto Rico is ever going to get permission for self-determination. It is necessary to form a different relationship with the U.S. Admit mistakes were made and change that first. It is not easy but worth it. People are sending millions of dollars that should go directly to relief and rebuilding. Rebuilding is good, the old way wasn’t working anyway. Sustainable rebuilding. It is in your collective memory.
This is what “Vulture” Hedge Funds do. They have been doing this for decades in mostly third-world countries. They buy the debt for pennies on the dollar, then demand up to 100% payment. The law allows them to do this. Then, these same hedge-fund billionaires pay a lower tax rate than working people do. Just because something is “legal” does not mean that it is right, moral, or good for society!
When W used to crow about enforcing the “rule of law”, this is what he had in mind.
Maria, I’d like to encourage you and your organization to pursue publication of an online petition to Congress to institute full debt forgiveness today! Then people of Puerto Rico have little hope of economic recovery burdened with this debt! Try change dot org (easiest one to start on your own), and CREDO mobile and of course, MoveOn dot org. Thank you for all you’re doing!
In all honesty, Puerto Rico’s government and people should begin publicly asking for international aid from other countries around the world, just as if the island were an independent country without claim to aid from the USA because they are not receiving the aid they need from this administration!
This is both a serious request for emergency supplies and water but also a public shaming of the racist Trump administration. Somehow with the thousands of troop carrier helicopters in our military, it seems they are not being used to transport pallets of bottled water to stricken and as yet inaccessible areas.
Perhaps progressive activists could serve as proxies for Puerto Rico and write letters and send emails to aid agencies and other countries on the island’s behalf? The truly sad thing is that the people of Puerto Rico actually need help because Trump isn’t providing it. Perhaps other countries would respond to the public appeal?
Maria, I’d like to encourage you and New York Communities for Change to pursue publication of an online petition to Congress to institute full debt forgiveness today! Now people of Puerto Rico have little hope of economic recovery as long as they are burdened with this debt! Try change dot org (easiest one to start on your own), and CREDO mobile and of course, MoveOn dot org. Thank you for all you’re doing!