I find the title of the article ridiculously funny. All Wall Street cares
about is money. Duh. Why would anyone expect anything else and to make a point
of it sounds so naïve. I read this morning that it is now expected that
millions will leave PR for the states and several heavily PR populated cities
are already prepping for an influx of students. You can't wait around for a
year for infrastructure to be built, even if Wall Street were run by Mother
Theresa. Even in New Orleans. which is not in the middle of a big, big ocean,
many of the poor areas remain empty and schools were not rebuilt. Those who
relocated stayed where they went.
________________________________
From: blind-democracy-bounce@xxxxxxxxxxxxx
<blind-democracy-bounce@xxxxxxxxxxxxx> on behalf of Roger Loran Bailey
<dmarc-noreply@xxxxxxxxxxxxx>
Sent: Thursday, October 19, 2017 11:12 AM
To: blind-democracy
Subject: [blind-democracy] Rebuilding Puerto Rico after the hurricane: ‘All
Wall Street cares about is their money’
https://socialistaction.org/2017/10/17/rebuilding-puerto-rico-after-the-hurricane-all-wall-street-cares-about-is-their-money/
[https://socialistactionusa.files.wordpress.com/2017/10/oct-2017-puerto-rico-2.jpg?w=1200]<https://socialistaction.org/2017/10/17/rebuilding-puerto-rico-after-the-hurricane-all-wall-street-cares-about-is-their-money/>
Rebuilding Puerto Rico after the hurricane: ‘All Wall Street cares about is
their
money’<https://socialistaction.org/2017/10/17/rebuilding-puerto-rico-after-the-hurricane-all-wall-street-cares-about-is-their-money/>
socialistaction.org
Trump’s recent visit to Puerto Rico illustrated an arrogant attitude toward a
dire situation. At least 30 percent of Puerto Rican’s have no electricity, and
electric power is not likely to re…
Rebuilding Puerto Rico after the hurricane: ‘All Wall Street cares about
is their money’
/ 2 days ago
Oct. 2017 Puerto Rico 2Trump’s recent visit to Puerto Rico illustrated
an arrogant attitude toward a dire situation. At least 30 percent of
Puerto Rican’s have no electricity, and electric power is not likely to
return until the end of October. The president’s threats to cut off aid
expose the real intentions of the U.S. ruling class.
Prior to the hurricanes a U.S. puppet regime called the “fiscal control
board” was put in place, and it continues to funnel big money to Wall
Street. Former Ukrainian finance minister and U.S. State Department hack
Natalie Jaresko was hand picked for her ability to implement a massive
austerity program for the island. Her belief is that Puerto Ricans
created the problem, and the only solution is to deepen the island’s
dependency on creditors. The same creditors and banks that have kept
Puerto Rico underdeveloped for generations now propose to solve the problem
Socialist Action reporter Ernie Gotta connected with Mikael Rosa of
the Movimiento Independentista Nacional Hostosiano to see what the
political situation is like following the devastating hurricanes. Mikael
will speak in New Britain, Conn., on Nov. 4 during the 2nd annual “The
Solution is Socialism” conference. Go to Facebook.com/SocialistActionCT
for more details.
Socialist Action: What is the situation on the ground? Can you explain
how relief efforts are progressing?
Mikael Rosa: Is very important to make a distinction between what is
happening in the metropolitan area of San Juan, and the rest of the
island. The reality is that there are areas that the local and imperial
authorities have not even looked at. We still have people without basic
supplies like water and food. People have lost their entire houses, and
others are facing the challenge of acquiring medicines and treatment for
serious diseases like diabetes and cancer. While this happens, our
hospitals are having energy problems, and their generators are not working.
SA: FEMA had this to say about the crisis in Puerto Rico: “Not our job
to deliver water and food.” President Trump echoed that sentiment when
he made a statement about pulling back federal relief. What is your
response to the U.S. government?
MR: Those statements are just part of their public policy as colonizers.
Colonies are a business, and all they care about is profit. If this
situation related to Hurricane Maria endangers their interests, they
prefer to let the Puerto Rican population suffer, instead of providing
the humanitarian aid required.
SA: Trump took to Twitter and made the following remarks: “‘Puerto Rico
survived the hurricanes, now a financial crisis looms largely of their
own making,” says Sharyl Attkisson. A total lack of accountability, says
the Governor. Electric and all infrastructure was disaster before
hurricanes.” In reality, it is not hard for one to imagine that the
legacy of colonialism alongside the forced placement of the fiscal
control board has had a major impact. Can you explain the real root
causes of the disastrous infrastructure and financial crisis?
MR: The economy of a colony functions for the colonizers’ interests. For
decades, U.S. corporations have taken large amounts of profit from us,
thanks to tax exemptions. We don’t have the tools to create our own
economic project, nor to protect our national production.
Federal-imposed laws do not let us develop local industries. So, as time
passed, the Puerto Rican economy was based on speculation—and now we all
know the consequences of that. Actually, I think President Trump knows
very well the roots from our crisis, since he was one of those who took
advantage from the economic speculation here in Puerto Rico.
SA: How does Wall Street view the situation? Do they stand to benefit?
Is there a real possibility of developers and banks taking over large
sections of land?
MR: All Wall Street cares about is profit. I don’t want it to sound like
a dogma or a mantra, but it is proven that all they care about is their
money. Before hurricane Maria it was extremely difficult to pay our
debt, but now it is impossible to pay it. If they insist in making us
pay an illegal debt, they will make even worse the humanitarian crisis
in Puerto Rico.
SA: Can you explain role of the governor and local politicians in Puerto
Rico in relation to the exploitation by the U.S.?
MR: The best answer to this question is to take a quick look at the
visit by President Trump to Puerto Rico. Our local politicians are
allies of U.S. interests. They were smiling while Mr. Trump was making
fun of our situation. They thought that the federal government would
quickly solve our situation. Instead, what we are facing is humiliation,
with the consent of our local politicians.
SA: Please explain for our readers the meaning of the struggle for
independence in the wake of the current crisis.
MR: A basic requirement for the development of a country is the capacity
to have open and free negotiations with the whole world. In this
context, it is essential to receive aid and relief from every part of
the world. Our political situation does not even let us have direct
contact with other countries in order to move forward in our
recuperations. The fact that we are not an independent country means
that we won’t be able to build a new country under our terms. Instead,
the recuperations will be in function of U.S. interests. As a
consequence, we will go back to the same problems and crisis.
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October 17, 2017 in Uncategorized, Latin America, Environment,
Caribbean. Tags: hurricane, Puerto Rico
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