Amidst Puerto Rico Financial Crisis, Island Religious Leaders Call for Global Debt and Tra (tags)
San Juan, Puerto Rico - Last week, Archbishop Roberto González—the leader of the Archdiocese of San Juan, the Secretary General of the Puerto Rico Bible Society—Reverend Heriberto Martínez and the island's Catholic Charities head, Reverend Enrique Camacho released a statement urging solidarity with countries wrestling with debt crisis and economic challenges.
Puerto Rico Oversight Board Mediates Last Ditch Debt Negotiations (tags)
Within weeks, Puerto Rico will likely enter bankruptcy proceedings tailored by Congress specifically for the US territory.
Puerto Rico Archbishop Urges Congress, Governor and Creditors to Solve Debt Crisis (tags)
Ahead of a likely House vote this week, San Juan's Roman Catholic Archbishop, Roberto González Nieves OFM, announced his support for Puerto Rico debt crisis legislation in an op-ed to The Hill.
At UN, Archbishop Calls for Puerto Rico Negotiations (tags)
Puerto Rico Archbishop Calls for Negotiated Settlement to Island Debt Crisis. Catholic Leader Asks "Vulture" Funds to Stop Lobbying Congress.
Crisis, Debt and the Development Perspective, 123 pp (tags)
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Puerto Rico's Debt Crisis (tags)
Puerto Rico
When The Shop Keepers Join The Revolt! (tags)
When the shop keepers join the revolt things must be very bad indeed.
So much crisis was never analyzed with a crisis-conditioned satisfaction guarantee! Instead of seeking culprits, we must seek the systemic causes of the indebtedness dynamic. These gigantic debt mountains were necessary to keep capitalism functioning. Fewer and fewer workers can producer more and more goods in an ever-shorter time.
The Crisis, Trust and Homeowners (tags)
Capitalism cannot function any more without credit-financed debt on account of its increasing productivity. The recession will come because the indebtedness-dynamic can hardly be maintained with which the capitalist zombie-economy is kept alive in its pseudo-life.
Critical thinking and cultural shock have the power to turn the world upside down (like Jesus' parables and zen koans). Trivializing structural/systemic economic problems as motivational, psychological, bumps in the road or industrial accidents is a perversion.
As long as the policies of the rich North represent a mixture of cruel carrot-and-stick maneuvers, coupled with basic contempt for the South, we can expect more lethal North-South tensions, more powerful boomerangs hurled back at us.
The Republican Candidate (4 and 5) (tags)
If this is a subject of interest to you, in the United States today there are five Cuban prisoners, separated one from the other by thousands of miles. They have no area that can be sarcastically called the “Hanoi Hilton”. Their suffering and the injustice of which they are victims will be known the world over; don't doubt it for a minute