Puerto Rico Bailout

Should the United States re-write laws to allow Puerto Rico to go through the bankruptcy process and should the taxpayers fund a bailout of Puerto Rico? Does this create a precedent for other cities, states, and municipalities that want taxpayer funded bailouts?

~ thinkingoutsidetheboxe ~ Leave a comment

Prescott Valley, AZ Correspondent-As Puerto Rico is an island territory of the United States as opposed to a city or town, neither should laws be re-written to allow Puerto Rico to go through the bankruptcy process nor should taxpayers fund a bailout of Puerto Rico. Continue reading →