“Isn’t it amazing how America’s turn toward empire in 1898 is a gift that keeps on giving? Today, Puerto Rico, one of the colonies the United States acquired in the Spanish-American War, is defaulting on part of its massive debt. Having failed so far to convince its overseers in Congress to permit the colony to declare bankruptcy, the Puerto Rican government is at a loss as to how it is going to cope with a massive debt that it simply cannot repay. The fact that Puerto Rico’s debt problems are a matter for the United States to resolve just goes to show how America’s turn toward empire and intervention in 1898 continues to reverberate negatively today.”
http://fff.org/2016/01/04/let-puerto-go/
Related posts:
Sanctions Will Kill Tens of Thousands of Iranians
Michael Scheuer: Bin Laden predicted Obama’s war on the 4th Amendment
Four More Years of Uncertainty
65 years after historic bus boycott, Louisana finally bans boycotts -- of Israel
Bill Bonner: The Housing Rebound Story Is a Fraud
Ron Paul: Iraq Collapse Shows Bankruptcy of Interventionism
Wendy McElroy: Print Me A Revolution
The Right Response to Trump’s Tough Trade Talk? Ignore It.
Don’t Fall Victim to Hoarding
Glenn Greenwald: The Right's brittle heroes
Jim Rogers ... Sign of the Times?
Ron Paul: Beware The Consequences of Pre-Emptive War
Ron Paul: If You Like The Surveillance State, You’ll Love E-Verify
Gorbachev Warns Of World War As Trump Readies Pentagon Spending Binge
Is Central Banking Scientific?
