Archive for the ‘politics’ Category

Puerto Rico: A few thoughts on the economic crisis

Wednesday, July 1st, 2015

As you already know, Puerto Rico has run up enough debt to become the Greecespot of the Caribbean, which could have been averted, as former governor Luis Fortuño explained yesterday,

Fortuño was governor from 2008 to 2012, and lost since he insisted on doing what needed to be done. Listen to this 2011 interview with John Stossel,

The debt is only part of the problem,

and includes the staggering failure to adequately account for revenues and expenditures

which points to serious structural problems the current governor, Alejandro García Padilla, is not addressing, asking instead bondholders to “share the sacrifices.”

Here’s the situation as I see it:

It is not in García Padilla’s interest to improve the economy

García Padilla’s administration relies heavily on a large bureaucracy, and he knows his predecessor was voted out of office for trying to reduce it. Estimates show that the government of Puerto Rico has 160,000 employees too many. That’s enough of a voter base to keep him in office.

If the U.S. refills the ATM, García Padilla will claim credit for it; if the U.S. doesn’t, he has someone to blame.

And don’t forget that García Padilla and other commonwealth supporters lost miserably during the last plebiscite, when statehood won by approx. 60%. For as long as Puerto Rico remains in a financial swamp, García Padilla knows the question of statehood will be dismissed with “And They Want to Be a State?”
(Or as Ed Koch put it, “The People have spoken … and they must be punished.”)

Again, it is not in García Padilla’s interest to improve the economy.

SCOTUS upholds Obamacare subsidies

Thursday, June 25th, 2015

Hardly surprising,

Add one to the Capt. Louis Renault file:

My out of pocket under Obamacare is close to $10,000. Anyone supporting this can all go to h*** as far as I’m concerned.

In another decision, lawyers stand to make a bundle, Supreme Court Upholds Tool for Fighting Housing BiasOutcome means fair-housing lawsuits can proceed without proof of intentional discrimination

UPDATE
Allahpundit expected the Obamacare decision, too: “It was already here to stay no matter how the Court ruled today.

The other flag controversy: US Embassy in London flies the rainbow flag

Wednesday, June 24th, 2015

This morning’s news from London:

Read all about The other flag controversy: US Embassy in London flies the rainbow flag

Tonight’s podcast

Wednesday, June 17th, 2015

live at 8PM Eastern,

Elections in Mexico plus a look at other US-Latin America stories in Silvio Canto’s podcast with Allan Wall, columnist and contributor to Mexidata.

Archived for your listening convenience.



Two on Trump:

Wednesday, June 17th, 2015

One:
The Trump conglomerate is the Argentina of limited-liability companies, having been in bankruptcy as recently as 2009.”

Two:

Related:
And then there were 12…

Rubio Vice

Wednesday, June 10th, 2015

Having lived in the resort areas of the tropics for years, I actually laughed when the NYT described Marco Rubio’s modest fishing boat as a “luxury speedboat”. Viking Pundit’s uncle from New Jersey had one like that.


Rubio Vice by trueholygoat

Side-by-side: Marco Rubio’s Boat vs. John Kerry’s Boat.

More, much more at Twitchy.

The Rubio campaign ought to send a thank you note to the NY Times and a dozen roses by now.

Now I want the NYT to try Ted Cruz next!

UPDATE

The NYT has accomplished what I believed impossible, up to now: To show a regular guy in Washington politics.

Favorable publicity money didn’t buy,

Identity politics: Halperin interviews Ted Cruz, expects Ricky Ricardo

Saturday, May 9th, 2015

WARNING: The following is a rant.

I was born and raised in Puerto Rico, and, if I had $5 for every liberal idiot who looks at me and says “You don’t look Puerto Rican”, etc., because I don’t fit the Liberal template of what a Lateeeno/Lateeena should be like, this blog wouldn’t need to carry ads.

Frankly, by now I expect to consistently encounter discrimination and bigotry from Liberals. It’s in their mindset – identity politics is their lifeblood.

Ruben Navarrete describes one instance:
Ruben Navarrette: Halperin interview of Ted Cruz was painful

. . . Halperin made it personal, and the interview careened into a ditch. He told Cruz that people are curious about his “identity.” Then, the host asked a series of questions intended to establish his guest’s Hispanic bona fides. What kind of Cuban food did Cruz like to eat growing up? And what sort of Cuban music does Cruz listen to even now?

The interview starts at the 9:00 point in this video,

Update: Louder With Crowder has the clip of the interview by itself:

Halperin was likely expecting Desi Arnaz as Ricky Ricardo singing Texas Pete,

Or perhaps Halperin was disappointed Ted didn’t invite him over for cortadito and pastelitos de guayaba. Halperin capped it all off by asking Cruz to “say something in Spanish.”

Cruz is much too polite, but I’m not. Here’s something in Spanish, Halperin,
(more…)

Haiti: Clinton’s crony gets the contract

Saturday, May 9th, 2015

Andrew Stiles reports:
Oh, Denny Boy: How The Clintons Helped an Irish Telecom Tycoon Makes Millions in Earthquake Ravaged Haiti

On February 24, former President Bill Clinton was in Haiti to celebrate the opening of a luxury Marriott Hotel in Port-au-Prince. Like most foreign-backed projects in Haiti, the Clinton Foundation was a key player in its development. And like most projects involving the Clinton Foundation, a shady Clinton crony is running the show.

The 175-room hotel is owned by Digicel Group, the Caribbean and Central American telecom empire run by Denis O’Brien, an Irish billionaire who officially resides in Malta to avoid taxes and serves chairman of the Clinton Global Initiative’s Haiti Action Network. Digicel, the largest mobile provider in Haiti, invested $45 million in the project, which also benefited from $26.5 million in financing from the World Bank-affiliated International Finance Corporation. But it was Bill Clinton who made it all happen.

Read the whole thing.

Of course, Bill claims “he only works there,”

Further obfuscation to follow, in the form of aging point men declaring,

  1. That the accusations are “old news.”
  2. That the accusers are funded by right-wing conspiracists.
  3. That everyone does what the Clintons did.
  4. That the media pick on the Clintons.
  5. That there is no hard evidence (because they have destroyed documents) that would ever lead to a criminal case. And:
  6. That they are moving on, to work on behalf of the folks.

No way I want the Clintons back in office.

Today’s “WTH Moment” brought to you by Jorge Ramos

Friday, May 8th, 2015

Jorge Ramos, amnesty activist and Univision anchorman, is on a mission: convincing his audience that Jeb Bush is “Latino”,

On Univision’s “Al Punto” in January, Jorge Ramos, the most high-profile Spanish-speaking news anchor in the U.S., declared the 2016 GOP primary “historic” because Sen. Marco Rubio and Sen. Ted Cruz, both of Latino decent, are in the running. “And Jeb, if we want to turn him into a Latino, too,” Ramos added.

Jorge’s not alone. The Washington Examiner article shows a trend, perhaps initiated from the Bush campaign, to pander.

I oppose on principle the campaign of any member of any political dynasty, now I have one more reason to not support Bush.

Book review: Carly Fiorina’s Rising to the Challenge

Friday, May 8th, 2015

Please read my Book review: Carly Fiorina’s Rising to the Challenge