After years of wild overspending, Puerto Rico is out of money. Who will bail out Puerto Rico? Washington says you will. Congress wants to change the rules to grant Puerto Rico unprecedented bankruptcy protection called Super Chapter 9. If Puerto Rico is allowed to declare bankruptcy, high-spending states like Illinois will also want to declare bankruptcy. Retirement accounts crushed. A bailout on the backs of savers and seniors. Tell Congress stop the Washington bailout of Porto Rico.
Topics: Bankruptcy, Retirement, Center for Individual Freedom, PUERTO RICO, WASHINGTON, PORTO RICO, TELL...
Source: https://archive.org/details/WRC_20160405_220000_News4_at_6#start/2575.5/end/2605.7
After years of reckless spending Puerto Rico is out of money. Now savers and seniors could pay the price. Why should you care? Because Puerto Rico is just the start. The Obama administration wants to set a precedent. High-spending states like Illinois, New Jersey, California owe trillions in debt. When these states can't afford to pay you could be stuck with the bill. Puerto Rico is just the first domino to fall. Tell Congress no Super Chapter 9 bankruptcy for Puerto Rico.
Topics: Bankruptcy, Retirement, Center for Individual Freedom, PUERTO RICO, TELL CONGRESS, CALIFORNIA,...
Source: https://www.youtube.com/watch?v=VNDVroDb0GY
I bought Puerto Rican bonds for my retirement. Small investors like Teresa own eighty percent of Puerto Rico's debt. We believed these investments were safe. But leaders in Washington want to grant Puerto Rico Super Chapter 9 bankruptcy. This is a bailout of Puerto Rico on the backs of savers like Teresa. Congress wants to bail out of Puerto Rico with Teresa's retirement savings. My life savings will be crushed. Tell Washington no Super Chapter 9 bankruptcy for Puerto Rico.
Topics: Bankruptcy, Retirement, Center for Individual Freedom, PUERTO RICO, TERESA, TELL WASHINGTON,...
Source: https://archive.org/details/WUSA_20160422_220000_wusa_9_News_at_6pm#start/1318.2/end/1348.3
Washington is trying to pull a fast one. The Obama administration and leaders in Congress want to bail out Puerto Rico. It's called Super Chapter 9 and it grants Puerto Rico unprecedented bankruptcy protections. You pay for it. Retirement accounts crushed. A bailout on the backs of savers and seniors. Washington politicians try to claim otherwise, but we know a bad bailout when we see one. Don't be fooled. No Super Chapter 9 bailout of Puerto Rico.
Topics: Bankruptcy, Retirement, Center for Individual Freedom, PUERTO RICO, WASHINGTON, OBAMA, CONGRESS,...
Source: https://archive.org/details/WRC_20160413_220000_News4_at_6#start/2646.9/end/2676.7