jones act

This Is Getting Ridiculous

When I look back over the majority of my articles written since January, I find a single recurring phrase:  “Look, I don’t like Trump either, but…”

And I’ll tell ya what:  I’m getting sick of writing it.  I’m coming to the conclusion that the average Democrat on social media is whiny, petty, and incapable of seeing any good at all in the opposition.  Don’t get me wrong, mind; we already knew that about most of the Tea Party.  But I thought there was supposed to be a difference.

Seriously, now — What is it we all, even the Tea Party members among us, detest about the Tea Party?  It seems to attract people incapable of real thought.  I’m all about disputing (more…)

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Trump Caves Pointlessly

I’ve argued it before, and I’ll argue it again; I’d shout it from the rooftops if I thought it would help:  We need to do something about the damned Jones Act before we strangle Puerto Rico’s economy for good.

Just… not today. (more…)

Puerto Rico In Distress

Puerto Rico is facing a catastrophic financial crisis similar to that of Greece.  In a few minutes, the island government will default on a bond payment, which will generate an automatic sequence of events similar to a run on the banks.

This is all our fault.  And we’re not helping. (more…)

Is Puerto Rico Getting Screwed — Again?

You may not realize this — a surprising number of Americans don’t — but Puerto Rico is a part of the United States.  During the 1898 war with Spain, it was one of several territories conquered in an overt land-grab designed to promote American sea power throughout the Caribbean and Pacific Ocean.  It currently has a population of well over 3 million, all American citizens.  They have no right to elect the President; they have no representation in Congress.

At present, the territory is experiencing a public debt crisis that is out of control.  The opinion of the present territorial administration is that it cannot be solved without the assistance of the central government of the United States.  The Senate proposed an economic aid bill with $3 billion in aid; the House version, which has just been approved by committee, has expanded the bureaucracy but removed the aid.  (Update:  This version is the one that finally passed.) (more…)