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Is PUERTO RICO an ASSET or a LIABILITY to the United States of America?.

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posted on Oct, 9 2017 @ 01:35 AM
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Well I guess it depends on your point of view?

As long as the wealthy could extract wealth from the US Territory without having to invest much the capitalists would consider it an asset.

And now, that all the physical assets of the island have been destroyed and their is nothing no wealth or assests to extract in the short time, free marketeers would consider it a liability.

Remember the first rule of 'free trade' .... Private Profit at Public Expense. Not to mention the personal costs to families ....

But then from another viewpoint - a more eastern one if you will...

This is a wonderful opportunity to rebuild the island and experiment with new and clean energy technologies, new building technologies, new agricultural technologies, new logistical systems - localized energy production with island wide distribution - all manner of things. It would put the people of Puerto Rico to work, enrich their lives and create value for her citizens.

In the long term, it could become an asset to the entire country.

Personally, I'd rather my tax dollars go to developing and deploying new green systems that benefit working families and small businesses over the monopolies and financiers.
edit on 9-10-2017 by FyreByrd because: (no reason given)




posted on Oct, 9 2017 @ 01:45 AM
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a reply to: FyreByrd

It seems that President Trump sees the huge economic potential, that would benefit both the U.S. and Puerto Rico, just like you do, FyreByrd.

He published a Twitter Video this evening, highlighting how much work the U.S. did in the early days, after Hurricane Maria decimated the island.

LINK to Story w/ Video: thehill.com...



posted on Oct, 9 2017 @ 07:13 AM
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a reply to: carewemust

I would think an asset except for their debt, poverty and high crime rate. If we could unstate Chicago from Illinois, would we?



posted on Oct, 9 2017 @ 10:25 AM
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a reply to: carewemust

What the hell I am talking about is that they are citizens just like you and me. Commonwealth or State.

Took it personally? My reaction was not personal. Nope. It was rational.

However, I'd like you to consider the following....

One of the SINGLE best men I know in this world, someone everyone should look up to for his integrity, is a native of San Juan. He joined the Marine Corp as an enlisted man, and was *quickly* promoted to being a Captain, because of his integrity and natural leadership skills. He served for just about 15 years. He served you. He served all of us.

I was with him during the storm while San Juan was destroyed. His mother, his family and dear friends are there.

If I had a son, I would want my son to emulate my friend, not me. That is how strong my love and respect of this man is. He's been a true friend. To all of us.

Now it is personal. Take a look at your own name for inspiration. Your blatant heartlessnes is poison. Don't spread it.










edit on 9-10-2017 by FHomerK because: Because it needed to be said.



posted on Oct, 9 2017 @ 12:33 PM
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The IRS is a privately owned company based out of Puerto Rico. This should tell you why things are happening the way they are.
a reply to: carewemust



posted on Oct, 14 2017 @ 01:02 PM
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originally posted by: gimcrackery
The IRS is a privately owned company based out of Puerto Rico. This should tell you why things are happening the way they are.
a reply to: carewemust



Something else strange is that CNN is the only major network with consistent daily updates on the Puerto Rico recovery progress.

You don't normally think of CNN as a "compassionate" network.

On-screen CNN graphic now says 48 Dead due to hurricane Maria.

edit on 10/14/2017 by carewemust because: (no reason given)



posted on Oct, 14 2017 @ 01:21 PM
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originally posted by: seasonal
a reply to: carewemust

Is the US's $20,000,000,000,000 in debt a liability to Puerto Rico?


Bwahahahaha.....

I always thought that it was up to the entity, in this case PR, to determine it's status. If THEY wanted out, not get the boot.







 
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