Pete Dolack – Speculators Circling Puerto Rico Latest Mode of Colonialism

Puerto Rico’s governor may have said the commonwealth’s debt is unpayable, but that doesn’t mean Puerto Ricans aren’t going to pay for it. Vulture capitalists are circling the island, ready to extract still more wealth from the impoverished island. You already know the drill: Capital is sucked out by corporate interests that pay little in taxes, budget deficits grow and …