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Puerto Rico death spiral: Governor says debts not payable

It’s not just Greece that’s in deep shit this week. Puerto Rico is also in a death spiral and now the far-left Governor Alejandro García Padilla says Puerto Rico’s debts are not payable. In America, Puerto Rico’s Governor Alejandro García Padilla is considered a Democrat. In Puerto Rico, Garcia-Padilla is a member of the Popular Democratic Party. Puetro Rico’s debt is about $72 billion. Small by our standards with our $18+ trillion debt. But the Puetro Rico far left governor says that these debts are ‘not payable.’

Puerto Rico death spiral: Governor says debts not payable
Puerto Rico death spiral: Governor says debts not payable

You may remember that after the 2012 election. Puetro Rico voted to become a state. Far left Democrats here want Puetro Rico to become the 51st state because it would guarantee them two Democrats in the Senate, and Democrat Reps in the house. Of course it would take two-thirds vote in the Senate and House to grant Puetro Rico statehood, so that will never happen, at least for the foreseeable future.

But hey, keep letting the corrupt liberal media distract everyone with gay marriage and other stupid issues. Of course who do you think will end up paying Puetro Rico’s debt? Since it’s a US territory, I think that’s a pretty obvious answer.