"Many activists in Puerto Rico are calling for debt forgiveness. Others are more visceral, saying the hedge fund millionaires who caused so much of the mess can shove it.
Martha Quiñones Dominguez, an economics professor at the University of Puerto Rico, says what's needed is an independent audit to see which creditors' claims are valid and which aren't. The island needs to raise taxes on corporations and the rich, she said, as well as invest in sustainable development to cut down on dependency and imports.
While corporate powers are pursuing another mammoth trade deal in the Pacific, similar trade regimes have bankrupted another economy in the Caribbean.
As for the hedge funds plotting against Puerto Rican workers and families, these are the same forces pushing austerity and privatization on the U.S. mainland. If they succeed in Puerto Rico, they will be more powerful than they already are — and more dangerous."
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Gentle People:
Place your money on life sustaining and nature enhancing systems and remove your money from polluting non sustainable industrial economic systems. It won't be long before you are living in a Green paradise. Even giant Box stores can be life sustaining during Winter months when they provide shelter for thousands of people. These buildings can greatly improve their value by creating Greenhouse gardens on their roofs and sound-free quiet spaces that allow shoppers a few minutes to relax away from the incessant and horrible mind numbing noise currently infecting these buildings. Joseph Raglione.
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