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Post by Deleted on Sept 24, 2017 22:07:05 GMT -5
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Post by Don on Sept 25, 2017 6:17:17 GMT -5
I guess I should preface this by saying I feel really sorry for the average person in Puerto Rico so I'm not perceived as a heartless bastard.
Now that that's out of the way, let's talk economics.
The article left out the $50 billion in unfunded pension obligations. Maybe congress can toss them an extra $123 billion in the relief package. I'm guessing there's a huge portion of the political class looking forward to blaming the state of their economy on the hurricane. They've been needing a scapegoat for fiscal insanity for a while now.
The hurricane just finished the job the political class started. The storm just leapfrogged them past Venezuela.
I'm taking bets that price controls and "anti-price-gouging" are on the horizon, discouraging private parties from risking capital desperately needed for the recovery.
That'll protect FedGov's role as savior, since nobody smart enough to rub two nickels together would be foolish enough to loan the PR government even one of those nickels.
The current damage is on the hurricanes. The next several years of painfully slow recovery are all on the shoulders of a profligate, controlling political class.
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Post by robeiae on Sept 25, 2017 9:15:57 GMT -5
Disasters like this tend to expose other problems, for sure.
But in the moment there's little choice. Puerto Rico is a US territory and it's our government's duty (imo) to help and protect the people of Puerto Rico, regardless of cost.
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Post by Deleted on Sept 25, 2017 9:24:16 GMT -5
Disasters like this tend to expose other problems, for sure. But in the moment there's little choice. Puerto Rico is a US territory and it's our government's duty (imo) to help and protect the people of Puerto Rico, regardless of cost. yep. I know several people in New York, including one ex-flame, with family there. They are not some foreign country we can just ignore. They voted to become a state not long ago. I wonder if this disaster will have any effect on that. Probably not while Trump is president, of course (I'm not so sure he understands that PR is a US territory -- "a lot of people don't know that"), but perhaps in 2020 |
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Post by robeiae on Sept 25, 2017 9:29:29 GMT -5
Imo, "territories" are bs. US territories should either move towards statehood or be cut loose to go their own way.
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Post by michaelw on Sept 25, 2017 19:59:55 GMT -5
Puerto Rico is a US territory and it's our government's duty (imo) to help and protect the people of Puerto Rico, regardless of cost. Agreed. Just not when the president has more important things to do, like feuding with professional athletes on Twitter. |
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Post by Deleted on Sept 25, 2017 20:18:19 GMT -5
Puerto Rico is a US territory and it's our government's duty (imo) to help and protect the people of Puerto Rico, regardless of cost. Agreed. Just not when the president has more important things to do, like feuding with professional athletes on Twitter. To be fair, Michael, he's also tweeting blustering threats of total destruction to North Korea. |
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Post by Don on Sept 27, 2017 5:05:30 GMT -5
To follow up on my earlier predictions, it's worth noting that the DHS will NOT be suspending the Jones Act. Oh, well, at least American shipbuilders, shipping magnates and hooked-up unionists profits are protected from dastardly foreign devils who might otherwise deliver life-saving supplies faster and cheaper to people in dire need. The Jones Act - bringing the humanitarian sensibilities of Madeline Albright to US shores. At least those 1400 crony-connected jobs are well-protected. They've paid the right people. Fuck the 3.4 million Peurto Ricans in need. reason.com/blog/2017/09/26/federal-relief-to-puerto-rico-wont-incluKeywords: cronyism, regulatory capture, dispersed costs and concentrated benefits, free government crutches, ruling class fuckwads. |
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Post by robeiae on Sept 28, 2017 7:40:10 GMT -5
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Post by Don on Sept 28, 2017 7:42:45 GMT -5
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Post by robeiae on Sept 28, 2017 7:58:06 GMT -5
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Post by Don on Sept 29, 2017 16:04:53 GMT -5
Look at these numbers, courtesy of Andy Craig. That's a textbook example of the reality behind the curtain of our "benevolent" ruling class, and, yes, I consider such legalized theft evil. I'd say that whole list of keywords applies. Keywords: cronyism, regulatory capture, dispersed costs and concentrated benefits, free government crutches, ruling class fuckwads. #RepealJonesAct |
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Post by robeiae on Sept 29, 2017 16:54:55 GMT -5
Allowing that it's "wrong," it doesn't follow that it has prevented life-saving supplies faster and cheaper to Puerto Rico, which is what you were claiming. Indeed, evidence indicates that the problem is a localized one: no way to effectively distribute the supplies that have been steadily arriving.
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Post by Deleted on Sept 30, 2017 8:49:34 GMT -5
I wanted to vomit this morning when I saw Trump's tweets. It's bad enough that he is enjoying a golf weekend while the situation in Puerto gets increasingly dire. But then he tweets this shit:
He gets criticized for his late reaction to the Puerto Rico disaster (I am convinced the man did not know Puerto Ricans are Americans), and he attacks the desperate mayor of a city going through a major disaster.
He is unfit for office and for humanity.
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Post by Deleted on Sept 30, 2017 8:54:34 GMT -5
oh, and here's how San Juan's mayor responded to Trump's attacks on her:
One of these two people is a hero and a patriot. The other is a despicable whining lazy swine. Unfortunately, the latter one sits in the oval office.
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