Puerto Rico's Colonial Status

Times Front-Pages Puerto Rico: More Doom and Gloom

[Yesterday, I called for the mainstream media, and/or the news section of the New York Times, to make amends for its Deal Book section’s inhumane assessment of the island’s economic problems. Deal Book’s take was that Puerto Rico’s collapsing fortunes was “of outsize importance to the rest of the United States because its debt is widely held […]

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Puerto Rico's Colonial Status

The Solution to Puerto Rico’s Economic Crisis

Here’s the first paragraph in this week’s New York Times story about  Puerto Rico’s manufactured debt crisis: “Standard & Poor’s downgraded the debt of Puerto Rico to junk status on Tuesday, intensifying a cash squeeze for the commonwealth, whose financial condition is of outsize importance to the rest of the United States because its debt is widely […]

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