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In fact, government workers even get 30-days off a year and in anticipation of a bailout from Congress, received Christmas bonuses this year costing another $120 million. People ride atop a vehicle waving a Puerto Rican flag during.

Wall Street applauded the ruling. public pensions in California were believed to be off-limits, even if the government provider went bankrupt. Lawmakers could scale back benefits, but only for newly hired workers, as the Legislature did.

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1521 In Puerto Rico the Caparra colony founded by Spanish conquistadores relocated to a barrier island at the entrance of San Juan Bay.. 2009 May 29, Puerto Rico fired nearly 8,000 government workers, the start of a wave of layoffs aimed at closing a budget deficit as the island struggles through its third year of.

11 Oct 2017. “Family members who cannot work, schools closing, public employees laid off en masse, hospitals closing, nurses and doctors having to leave the island. It is shameful what has been. “They owe a lot of money to your friends on Wall Street and we're going to have to wipe that out. You can say goodbye to.

People protest in December outside of Wall Street. Rico’s government without debt-relief legislation. Here, hedge fund tactics helped justify congressional action: In April, a group of hedge funds asked a federal court in San Juan to.

The real deadline is May 1, when debt payments totaling $2.4 billion begin to come due. Puerto Rico has defaulted on minor amounts of the debt on two occasions, paying off. from San Juan to Washington. The discussion draft.

Oct 9, 2017. In the midst of all this hardship, empires twitter happy, white supremacist, misogynist, colonizer-in-chief managed to attack San Juan's Mayor Carmen. The board has wielded its power to impose austerity measures so that Puerto Rico will pay its debts back to the Wall Street speculators who hold them.

May 16, 2016. "What vulture funds on Wall Street are demanding is that Puerto Rico fire teachers, close schools, cut pensions and abolish the minimum wage so that they. "The economic situation in Puerto Rico will not improve by eliminating more public schools, by slashing pensions, by laying off workers and allowing.

Jul 11, 2016. People protest in December outside of Wall Street against cutbacks and austerity measures forced onto the severely indebted island of Puerto Rico in New. For anyone with deep pockets and an interest in maintaining leverage over the Puerto Rican government, killing congressional debt relief legislation.

Washington — The U.S. ramped up its response Monday to the humanitarian crisis in Puerto Rico, even as President Donald Trump. struck — including “billions of dollars” in debt to “Wall Street and the banks which, sadly, must be.

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18 hours ago. that not one wall evaded and remained. Their hues, already muted, further. But it does communicate a strong message to medical employers that they will could face the wrath of government if they try and coerce their religious employees to act in contravention of their faith. We now live in a society in.

Sep 22, 2017. SAN JUAN, Puerto Rico (AP) — The sky was darkening Thursday afternoon as 10-year-old Sarah Jimenez laid out three plastic buckets on her grandmother's. In Puerto Rico, the government said at least two were killed but media on the island were reporting additional deaths and the actual toll appeared.

WASHINGTON — The U.S. ramped up its response Monday to the humanitarian crisis in Puerto Rico, even as President Donald Trump brought up the island’s struggles before Hurricane Maria struck — including "billions of dollars" in debt to.

Mar 8, 2016. I'm a reporter at The Wall Street Journal, where I've been covering this for going on three years now. I'd like to introduce the. LONG: I'd just like to mention that three bond insurers are already suing Puerto Rico in the federal court in San Juan in a case that was filed in early January. And no government.

Supermodel Joan Smalls Calls Out Puerto Rico's First Lady for Mismanaging Hurricane Donations – People, January 2, 2018 · Here's how clean energy could help Puerto Rico navigate out of the dark – Green Biz, January 2, 2018 · U.S. companies see opportunity in exodus from storm-ravaged Puerto Rico – Associated.

Oct 15, 2017. Meanwhile, the hedge fund managers have paid themselves handsomely out of the borrowed money which again is money owed to Wall Street banks by. Yes, Hostess was returned to profitability by laying off 18,000 workers, destroying their union and raiding their pension fund – all so a few billionaires.

even as President Donald Trump brought up the island’s struggles before Hurricane Maria struck — including “billions of dollars” in debt to “Wall Street and the banks which, sadly, must be dealt with.” The Trump administration has tried to.

The U.S. government has stolen $15,876,457,645,132.66 from future generations of Americans, and we continue to add well over a hundred million dollars to that

WASHINGTON (AP) — The U.S. ramped up its response Monday to the humanitarian crisis in Puerto Rico, even as President Donald Trump brought up the island’s struggles before Hurricane Maria struck — including "billions of dollars".

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A hat rests on a bed surrounded by debris after Hurricane Maria, in San Juan, Puerto Rico. from broken infrastructure & massive debt." Trump also noted that the island owes billions of dollars to "Wall Street and the banks which, sadly,

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even as President Donald Trump brought up the island’s struggles before Hurricane Maria struck — including “billions of dollars” in debt to “Wall Street and the banks which, sadly, must be dealt with.” The Trump administration has tried to.

Nov 28, 2017. and instructs Congress to address Puerto Rico's debt – a major impediment to a just and full recovery. And, it ensures that any federal disaster funding provided to the islands is protected from Wall Street vulture funds and acted upon with local input and local workers. San Juan Mayor Carmen Yulín Cruz.

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Inside a courtroom in San Juan, Puerto Rico, today, the largest government. of the territory’s debt. "We don’t have confidence in what is going to happen, because this is a judge from New York that might represent Wall Street and not.

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It has actually been an annual tradition; a US territory sunk deep in a debt crisis doles out bonuses to federal employees at Christmastime, coming due in the coming. People familiar with the matter told The Wall Street Journal that FBI agents from the San Juan field office are examining the deal and how Whitefish and the.

Jun 9, 2016. Wall Street Journal Vs. Wall Street Journal: Puerto Rican Citizenship Edition. Perhaps the respondents had been reading The Wall Street Journal's editorials, which on May 2 warned that the island's debt crisis could create an. We've got a really nice wall around San Juan already, to keep Trump out.

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Federal officials placed Puerto Rico under bankruptcy protection, setting up a showdown with Wall Street. time to stave off deeper economic overhauls. With government payrolls down over the past decade, pension funds have fewer.

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May 1, 2017. Garment workers in Cambodia defied a government ban to demand higher wages, and businesses in Puerto Rico were boarded up as the U.S. territory braced for a huge strike over austerity measures. In Paris, police fired tear gas and used clubs on rowdy protesters at a march that included calls to defeat.

AUSTIN — Hundreds of protesters took to the streets in Dallas, Houston, Austin and San Antonio on Thursday as cities across Texas joined the Occupy Wall Street demonstrations. from college and all I got is debt" and "Greed is evil.

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Faced with a chronically slow-growth economy, expanding deficits, mounting federal debt, and a looming funding crisis for the U.S. welfare state, Republican congressmen are, to borrow a football metaphor, throwing a hail. Posted in Economic development, Government workers and pensions. Lights out in San Juan.

Nov 15, 2017. One exception: a children's hospital in San Juan that was brought back online in October with solar panels and batteries manufactured by Tesla. The utility spiraled in debt and barely kept up with maintaining the power grid, let alone modernizing Puerto Rico's energy system, as outlined in a 2016.

10,000 federal workers are now on the island doing a fantastic job. The mayor of San Juan. selling off all of our public assets and gutting all of our government services in order to pay a fraudulent debt to predatory lenders on Wall Street.

Mar 29, 2012. Some comrades attempted an indefinite Fare Strike in San Francisco in 2005 with mixed results, although revenues went down in the tens of. This morning before rush hour, teams of activists, many from Occupy Wall Street, in conjunction with rank and file workers from the Transport Workers Union Local.

The U.S. ramped up its response Monday to the humanitarian crisis in Puerto Rico, even as President Donald Trump brought up the island’s struggles before Hurricane Maria struck — including "billions of dollars" in debt to "Wall Street.

San Juan. laid bare for all the world to see. The Puerto Rico Electric Power Authority (PREPA) is an unregulated utility monopoly that over the years has taken advantage of Wall Street tax breaks while driving itself deeper and deeper into.

This hurricane season and the name Maria will be remembered for a long time in Puerto Rico. We are progressing daily, but there is still so much work to be done.

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even as President Donald Trump brought up the island’s struggles before Hurricane Maria struck – including “billions of dollars” in debt to “Wall Street and the banks which, sadly, must be dealt with.” The Trump administration has tried to.

None of us on this state are under investigation by the FBI because we destroyed government records, or because we leaked secrets. I know that there are some in the Wall-Street-to-Washington. into the ground,” you laid off tens of.

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Care and other energy sectors. Grant funds are also utilized to promote economic revitalization through the development of partnerships and economic strategies at the local and regional levels. POWERing up for economic development. 7. San Juan College I 2016 Annual Report. “Being laid off was definitely a hit to my ego.