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General Category => Editorial/Opinion/Blogs => Topic started by: rangerrebew on June 24, 2017, 11:32:41 am

Title: Cal Thomas: Puerto Rico's sorry state
Post by: rangerrebew on June 24, 2017, 11:32:41 am
Cal Thomas: Puerto Rico's sorry state

By Cal Thomas

Published June 22, 2017
FoxNews.com

“Puerto Rico, my heart’s devotion. Let it sink back in the ocean.” — West Side Story

The Commonwealth of Puerto Rico is drowning. The island, so popular with tourists, is $123 billion in debt. That’s more debt than the $18 billion bankruptcy filed by the city of Detroit in 2013. In May, San Juan declared a form of bankruptcy after creditors filed lawsuits demanding their money. A federal district judge appointed by Chief Justice John Roberts will handle the case.
 
http://www.foxnews.com/opinion/2017/06/22/cal-thomas-puerto-ricos-sorry-state.html