sanders

Bernie Sanders to break a white house deal regarding Puerto Rico’s debt

Bernie Sanders is taking charge in the white house regarding the economical crisis of Puerto Rico. Puert Rico’s debt is currently in the $70 billions and will not decrease as long as the White House doesn’t take any action to resolve the country’s financial debt.

Sanders is sympathic towards the Puerto Rico inhabitants and he states that America must stop treating Puerto Rico as a colony and start treating them as citizens of america and with the respect and dignitity that they deserve.

Sanders seem to want to take control of the crisis and do something about it.

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Puerto Rico flight suffered from turbulence – hurting 8 people

On a flight from Puerto Rico, Hernandes Torrez with her five year old daughter and her 53 year old mother experienced a terrifying turbulence during their flight home from spending Mother’s day in Puerto Rico.

The turbulence came unexpectedly since Hernandes mentions that the flight attendants were serving snacks and beverages during the moment of surprise. She describes the moment as a moment of terror as the plane started to shake violently. The jet then took a sharp drop and passengers who were not wearing the seatbelts were falling up and hurting themselves in the upper compartments of the plane.

Eight people were hurt and taken care of when medical reinforcements stood ready when the plane landed in Florida at 9 PM on Monday.

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Puerto Rico’s Debt: A dead end

Puerto Rico’s debt is just over $70 billion . It’s comparable with Argentina’s previous debt in 2001 of $93 billion. The debt-to-GDP, GDP which is the ratio between a country’s government debt and its gross domestic product, is a way to understand how overwhelmed Puerto Rico is of its debt.

Usually, when a state is at debt, the government raises its taxes and fees and Puerto Rico’s government has already done so. They have managed to increase the tax income from businesses from 4% to 10.5%. Puerto Rico now has the highest sales taxes of any U.S. state or terrority.

Looking at the pattern of Puerto Rico’s population, many are moving from the state while many are pondering whether they can survive this crisis or not.

The state’s political situation is not helping them in their crisis. Puerto Rico has no representant in the white house and can there fore not influence the situation of the crisis by legislation or reforms.

There is a high probability that Congress will not act until this crisis worsens significantly, and even then it might try to pass the responsibility away.

At this point in time, there’s no expectation of a bright future for the Puerto Rico fincancial crisis.

Tornado Oklahoma Report

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Reports say at least two people were killed as tornadoes swept through Oklahoma on Monday morning. As they swept across the state the completely demolished everything in their way, homes, vehicles and stripping bark from the trees.

Officers in Garvin Country, believe a man in his 70’s died when the tornado hit his home.  Another report said a man was killed by another tornado near Connerville.

Not only that, but according to reports from the Oklahoma Office of Emergency Management, the storms destroyed a radio station building and an undetermined number of homes.

The forecasters had declared a tornado emergency for several communities of Oklahoma, although many were spared from major damage.

Dana Lance, a hardworking woman, was on her way home from work when she heard the sirens kick and forecasters on the radio told people to hide. Luckily she found a school with a safe room. She said: ”There were kids and elderly people, dogs and cats, babies. It was like the whole town was there.”

Charles Webb, a citizen of the town Hugo, said he piled his dogs and cats in the laundry room while he crouched down and took cover. The storm drew in over his house and clipped trees, taking several homes with it. Just minutes after it had passed, Webb said he saw blue skies to internet magazine Inflatables Guide.

”We’re real lucky, but we’ve been lucky for a lot of years fortunately.”

In the hills between Oklahoma City and Dallas, the Highway Patrol closed down I-35 for 15 minutes as the storm passed by.

Jessica Randolph works as a cashier at the Love’s Travel Stop in Paul’s valley in Oklahoma. She said the tornado came so close to the shop that the people inside were ordered to seek cover.

”They put people in the showers. I was driving into town while it all happened and all I saw was just pea-sized hail” she said.

Luckily for Randolph, she’s used to having storms come by once in a while and wasn’t frightened by the experience.

Sandy Weyers, director at the Emergency Management Office said a homeowner didn’t make it in time back to his house. Which turned out to be a blessing, as he instead held onto a tree while his home was completely destroyed by the tornado.

There might come more storms this week the forecasters have reported, but it’s unlikely they will be life-threating. At best there will heavy rain and maybe some hail.

 

Trump has an unexpected supporter – Azealia Banks

Azealia Banks is known to say whatever she likes when she’s on twitter. In her long list of tweets there’s tons of them with some pretty harsh and gruesome statements. Azealia once tweeted that the Sarah Palin should be gangraped.

Now she’s back at it again, but this time she claims that Hillary Clinton is talking back to Afro-American people like they were pets.

Banks expressed her support for Trump during the weekend with a multitude of tweets, both in favor of Trump and trashtalking other nominees

”I REALLY want Donald Trump to win the election.”

”Everything i predicted is Happening. I told you guys Bernie Sanders didn’t have the clout. i told you all he wasn’t going to be the nominee”

Last month, Banks went back to lash at former Alaskan governor, Sarah Palin, after Palin wrongly quoted a satire, saying : ”Slavery wasn’t forced onto African-Americans, they accepted it willingly.”

Sarah Palin didn’t take Bank’s threats lightly and has then threatened to sue her.

People Planning Traveling To Puerto Rico Might Have To Rethink Their Decision

As the summer is approaching and millions of people in the U.S. start to plan their holidays, the Puerto RIcan Tourism company is urging travelers to make ‘educated’ choices when it comes to choosing their destinations.

As the word ”Zika” becomes more mainstream, the executive director of the Puerto Rico Tourism Company (PRTC),  Ingrid L, underscores just how important it is to making smart travel choices. She says ”While we celebrate the ease and accessibility of global travel, it requires some common sense precaution, no matter where in the world one goes. Education is the key to relishing new adventures without the risk of fear, real and perceived. Accurate information is fears’ best antidote.”

For travelers that are interested in visiting Puerto Rico, the PRTC urges them to read up on the differences between the perceptions about the Zika virus and the realities. Being well informed and knowing the real facts can make the difference between having the time of your life and regretting the trip for the rest of their lives.

First perception is that Puerto Rico is the epicenter of the Zika virus, which is wrong. The first alert was issued by Brazil back in 2015 and the first Zika virus case in Puerto Rico happened in 2015.

Another perception is that everyone who goes to Puerto Rico will get infected with the Zika virus and die. If travelers take some simple and common-sense steps, they can avoid the Zika virus completely. This includes wearing proper clothing while being outside and use insect repellent.

The third perception is that the Zika virus will kill you. The general population have little to fear when it comes to the virus. 80% that are infected with the virus never even show symptoms, even if they do, they last for no more than 7 days.

The fourth perception is that everyone in Puerto Rico has the Zika virus. At the time of this article, there’s less than one percent of the 3.5 million residents have the actual virus.

With that said, if you have common sense, read warnings and speak with the local people about where you can go, you will be safe. Even if you do get the virus, you have little to worry about unless you’re pregnant.

Trump won’t help Puerto Rico with its crazy high debt

Donald Trump have just told Puerto Rico he won’t be helping them because they have ”far far too much debt” and the U.S. shouldn’t bail them out.

Trump is no stranger to debt, in fact this Republican nominee calls himself ”The king of debt”. And rightfully so, he has filed four bankruptcy filings for his companies in his long business career. But even though he knows what it’s like to be at the bottom, he consider that Puerto Rico has gone way too far and there’s only one way out for the small island: to stop spending so much money.

When interviewed on Wednesday, Trump said ”I wouldn’t bail them out” to CNN’s Wolf Blitzer.

Right now, Puerto Rico is a state of crisis. The debts have run up to over $70 millions. Which is a shocking amount considering there’s only living 3.5 million people on the island.

The island’s governor, Alejandro Garcia Padilla, claims that there’s simply no money to pay back the creditors. The island defaulted for the third time on Monday and there’s another big debt payment due July 1st.

When Alejandro was interviewed on Thursday by CNN, he told them that Puerto Rico is not asking for bailout but rather a change in the legal system. He wants the island to restructure its debts in order to delay or reduce the payments to creditors. Alejandro means this will give the island some more time to get back on it’s feet again.

What Puerto Rico really wants is the ability to do what  Trump did with his companies when he filed for bankruptcy.

Sadly the island’s economy in such a state it will be hard to do anything in such short period of time. Puerto Rico’s economy has never been worse than it is today, keep in mind that the island has been in a recession for almost a decade now. The people of Puerto Rico are literally fleeing the island and moving to the USA because the recession have hit them so  hard.

The administration of Obama have been pushing for Puerto Rico to get the ability to change their legal system and restructure it through Chapter 9 bankruptcy.

But not everyone is on Obama’s side, the Republican-led Congress means that it’s rather unclear how much Puerto Rico can actually pay.  They mean they cannot trust the island’s financial records, Puerto Rico still haven’t finished their 2014 audit.

The Congress have drafted a bill to help Puerto Rico with their financial state and figure out a way to help them out of their debt. It might very well include a restructure, but that will be far from the first step.

 

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