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A law written by Republicans and signed today by President Obama will allow the federal government to restructure Puerto Rico’s debt and freeze bonds owned by American citizens.
The article notes correctly that the restructuring of those bonds is essentially in direct violation of the fifth amendment, which states that no American can “be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.” The article also notes that the law includes provisions that nullify the right of those citizens to go to court to challenge it.
The webpage that published the article is a big Trump supporter. And who can blame them when the Republican party works hand-in-glove with the Democrats to nullify the Bill of Rights. As they note, “Not hearing any shouts or screams from Mark Levin, Ted Cruz or Mike Lee are you? Yeah, funny that… Remind me what ‘conservative’ means again?”
As my readers know, I am not a fan of Donald Trump, and do not expect him to do anything different than the Republicans and Democrats who passed this unconstitutional law. Yet, I also understand why he is doing as well as he is. The American public is not being represented in any way by those in power, and thus the public wants someone outside that cartel to shake things up.