No bankcruptcy without paying federal income tax! PUERTO RICO PROBLEM: Too many federal funds get stolen by local government administrators.
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BILLION?>>> Where da HELL did all that go?.. my god PR.SMH
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Most of it to corruption, public employees benefits and absurd infrastructure.
End of conversation
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Heck just change its status from unincorporated to a US state and add its debt to the $20 TRILLION already on the US books!pic.twitter.com/EucqL6OLA2
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LMAO!
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Here we go only a matter of time before it heads home
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A sad day in history.
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Robbin' Hoods+Retirees=No Money, No Payments to Creditors. Even bankruptcy protection isn't enough! PR economy has been grossly mishandled.
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@AndrewScurria / we don't want USA funds used for PR bailout on our Backs !Thanks. Twitter will use this to make your timeline better. UndoUndo
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Hey remember the 2012 referendum when Puerto Rico had no clue whether it wanted to be independent or not? Want to have cake and eat it too?
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And I thought my VISA card debt was big.
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New Jersey next... $73 billion lol wdf
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wow... when i worked in munis (~15 years ago) there was so much PR insured debt (MBIA, FGIC, etc.) curious to see the fallout
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