Working on this new server in php7...
imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
Features
latest news
best of news
syndication
commentary


KILLRADIO

VozMob

ABCF LA

A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List

LAAMN List




IMC Network:

Original Cities

www.indymedia.org africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities

www.indymedia.org africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

Trump Calls for Puerto Rico's Debt to be "Wiped Out"

by Abby Wilhelm Wednesday, Oct. 04, 2017 at 3:22 PM

In an interview with Fox News on Tuesday, President Trump called for Puerto Rico's debt to be wiped out.

In an interview with Fox News on Tuesday, President Trump called for Puerto Rico's debt to be wiped out. "They owe a lot of money to your friends on Wall Street and we're going to have to wipe that out. You're going to say goodbye to that, I don't know if it's Goldman Sachs, but whoever it is you can wave goodbye to that," Trump said.‎

"Puerto Rico can't recover with the debt it has," said Eric LeCompte, Executive Director of the religious development organization Jubilee USA. LeCompte worked on emergency Puerto Rico debt crisis legislation that Congress passed last year. "Puerto Rico was already undergoing a bankruptcy process that was going to substantially cut the island's debt. Now that bankruptcy process needs to access the hurricane damage and cancel even more of the debt."

Just yesterday, religious leaders from Puerto Rico and the US Virgin islands issued a statement calling for aid, debt relief and measures to end child poverty. The statement was signed by San Juan's Catholic Archbishop, Roberto González Nieves, St. Thomas' Catholic Bishop Herbert A. Bevard and Evangelical Bible Society Head Reverend Heriberto Martínez. Puerto Rico and the US Virgin Islands, both US territories, were wrestling with financial crisis and high child poverty rates before the Hurricanes Irma and Maria struck.

"The US Virgin islands were also severely damaged from the hurricanes," continued LeCompte. "They too need debt forgiveness and aid to help recover. Unfortunately, unlike Puerto Rico, the Virgin Islands doesn't have a bankruptcy process to cut the debt."

Read the religious leaders' statement in English:

http://www.jubileeusa.org/english_pr_usvi_relleadappeal4aid_debt_endchildpov?e=69bb6e5057e9a4c3c47c7b96afeccf73&utm_source=jubileeusa&utm_medium=email&utm_campaign=pr_prusvirelstm&n=2&e=20adce6d9a6468a74eeb892d27ffa3aa&utm_source=jubileeusa&utm_medium=email&utm_campaign=pr_prdebtwiped&n=2&test_email=1&e=8b00e43896d31f54500f244f987910e7&utm_source=jubileeusa&utm_medium=email&utm_campaign=pr_prdebtwiped&n=1

En español:

http://www.jubileeusa.org/spanish_pr_usvi_relleadappeal4aid_debt_endchildpov?e=69bb6e5057e9a4c3c47c7b96afeccf73&utm_source=jubileeusa&utm_medium=email&utm_campaign=pr_prusvirelstm&n=3&e=20adce6d9a6468a74eeb892d27ffa3aa&utm_source=jubileeusa&utm_medium=email&utm_campaign=pr_prdebtwiped&n=3&test_email=1&e=8b00e43896d31f54500f244f987910e7&utm_source=jubileeusa&utm_medium=email&utm_campaign=pr_prdebtwiped&n=2



Read Eric LeCompte's statement on the crisis:

http://www.jubileeusa.org/religious_development_group_releases_statement_on_debt_relief_for_devastated_islands?e=69bb6e5057e9a4c3c47c7b96afeccf73&utm_source=jubileeusa&utm_medium=email&utm_campaign=pr_prusvirelstm&n=1&e=20adce6d9a6468a74eeb892d27ffa3aa&utm_source=jubileeusa&utm_medium=email&utm_campaign=pr_prdebtwiped&n=1&test_email=1&e=8b00e43896d31f54500f244f987910e7&utm_source=jubileeusa&utm_medium=email&utm_campaign=pr_prdebtwiped&n=3

Report this post as:

© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy