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RE: So, Umm...36% of Puerto Rico Still Doesn't Have Power
This is precisely why some people blindly say capitalism is evil. It doesn't have to be this way to rationally budget for the nation, we just need a priority check as a country.
Exactly... Capitalism can be the engine that propels us into a green-tech economy at breakneck speeds.
RIght but why have people pay for it again? Like John Perkins? Know of him?
No, I havent heard of him.
Here let me help with that. He is essentially a Wall Street sponsored thief.
He worked to bankrupt other nations and succeeded and now feels he is a social activist and charity monger and he explains how you can all pitch in and help and donate money to fix his mess ! ! !
https://www.facebook.com/johnperkinsauthor
From his resume and website:
http://johnperkins.org/about
" 1971-80. Became an economic hit man, official title was Chief Economist at major international consulting firm. His job was to identify countries with resources corporations covet, like oil and arrange huge loans to those countries that were used to hire US companies to built big infrastructure projects that benefit a few wealthy people (as well as US companies) and leave the rest of the people (who do not benefit) in deep debt. When the loans defaulted he and other EHMs would go back and 'asset strip' the country. "
I take him at his word.
How an entire municipality in Norway was bankrupt by Wall St and their junk paper rated AAA or Treasury grade...
http://www.reuters.com/article/2009/08/10/us-citigroup-norwegiantowns-idUSTRE5795NH20090810
It is not capitalism that is the problem per se, it is the non foundation of law that USA offers. You can't judge an economic model in USA since you have no courts or law. Police ruined that.