Comments on: Puerto Rico debt restructuring signed into law https://behindtheblack.com/behind-the-black/points-of-information/puerto-rico-debt-restructuring-signed-into-law/ Sun, 03 Jul 2016 19:14:07 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Nick P https://behindtheblack.com/behind-the-black/points-of-information/puerto-rico-debt-restructuring-signed-into-law/#comment-909304 Sun, 03 Jul 2016 19:14:07 +0000 http://behindtheblack.com/?p=40130#comment-909304 This will have to face a Court test on Constitutional grounds.

]]> By: wayne https://behindtheblack.com/behind-the-black/points-of-information/puerto-rico-debt-restructuring-signed-into-law/#comment-908537 Sat, 02 Jul 2016 02:31:57 +0000 http://behindtheblack.com/?p=40130#comment-908537 WSJ has a lengthy article on Puerto Rico in todays issue (7-1-16) & they have been following the whole situation right along.
Republican & Democrat leadership worked hand-in-glove on this deal, and pushed it through in record-time.
Puerto Rico is not covered under Federal Bankruptcy laws like regular Municipalities (think Detroit, among scores of others) & now PR Creditors have very little, if any, recourse. They will have to accept whatever deal is dictated to them.

Wodun: They (democrat media) don’t care. Some of us, like you, will note the grim irony, but most will not.

]]> By: Wodun https://behindtheblack.com/behind-the-black/points-of-information/puerto-rico-debt-restructuring-signed-into-law/#comment-908399 Fri, 01 Jul 2016 19:47:43 +0000 http://behindtheblack.com/?p=40130#comment-908399 The other day, Hillary knocked Trump on stiffing bond holders. Wonder if if the Democrat media will be as upset when the government does it?

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