Latest News

Recent Posts

Hardball: McConnell Changes Rule to Overcome Obstruction of Trump's Judicial Picks, Dems Fume

By Guy Benson at Townhall | This may seem like an abstruse parliamentary maneuver -- and it is -- but Mitch McConnell just escalated ...

Read More

National Sheriffs’ Association: ‘They Just Outlawed Crime Fighting in California’

By Craig Bannister |CNSNews.com "They just outlawed crime fighting in California." (Screenshot) “Someone is about to be harmed” because California lawmakers have put the ...

Read More

Californication Reaches New Lows

While reducing penalties for knowingly infecting someone with HIV, the state punishes anyone using "wrong" pronouns. By Lewis Morris · at ...

Read More

Pennsylvania Family Council --2017 Judicial Voter's Guide

 From The Pennsylvania Family Council PaFamilyVoter.com - 2017 Judicial Voter's Guide Non-partisan and church-friendly.  Printable guide for statewide judicial candidates. Questionnaire responses ...

Read More

Bannon: GOP's Entire ‘Establishment Globalist Clique' Must Go

Steve Bannon, former chief strategist for President Trump, is putting together a coalition to challenge all establishment Republicans. (Photo: Screen ...

Read More

Squishy Republicans are Calling it Quits

   THE COMMON CONSTITUTIONALIST — Freedom Outpost In early September, Charlie Dent, Republican Congressman from Pennsylvania and co-chair of the moderate Tuesday Group, ...

Read More

Cliven Bundy: Feds don't own Western states

Larry Klayman shares news in battle over land seized illegally by U.S. government   By Larry Klayman at Renew America Events important ...

Read More

Trump’s Strategy Is Clearly Working As 20 Other Nations Take Action Against North Korea

"Other nations are responding ..." By Ellysa Chenery/Western Journalism President Donald Trump’s controversial handling of North Korea has reportedly led to international action, ...

Read More

If you want to get Iran to the negotiating table, declare the Iranian Revolutionary Guard a terrorist organization

    By Printus LeBlanc at NetRight Daily and Americans for Limited Government As Oct. 15 approaches President Donald Trump must decide whether ...

Read More

Iran on Pathway to Fully Restart Nuclear Weapons Program

Top lawmakers urge Trump not to leave deal Iranian President Hassan Rouhani sits among senior army staff / Getty Images BY: Adam Kredo  ...

Read More

Why Trump may be right about Puerto Rico’s $72 billion debt

Share

By Robert Romano at NetRight Daily and Americans for Limited Government

“We are going to work something out. We have to look at their whole debt structure. They owe a lot of money to your friends on Wall Street. We’re going to have to wipe that out. That’s going to have to be — you know, you can say goodbye to that. I don’t know if it’s Goldman Sachs, but whoever it is, you can wave good-bye to that.”

That was President Donald Trump in an interview with Fox News, noting the obvious. Puerto Rico has been devastated by Hurricane Maria, and it is going to be extremely difficult for the U.S. territory to get on its feet financially to service its $72 billion of debt obligations.

While a full default remains unlikely, as for the debt restructuring, that is already provided for

Read more

Featured Video

Local Issues

Voices of the People

Your Schools

Issues

Letters to the Editor

More from our archives