I voted for president Obama. He said the right things, and said them brilliantly. He promised to restore integrity and intelligence to the White House. After seven years his intelligence is a matter of record…and so is his lack of integrity.
I am speaking as a Puerto Rican. He has served Wall Street and corporate America well, but not us. Here are a few reasons:
U.S. CENSUS UNDERCOUNT
On Tuesday May 26, 2009, he nominated Sonia Sotomayor for the US Supreme Court. On Friday of that same week, the US Census announced that it would favor a strict headcount over statistical sampling, as the 2010 census methodology.
While Latinos were busy celebrating the rise of Sonia, the US government quietly ensured that they would all be undercounted, throughout the entire nation. Obama thus saved billions of dollars in health, education, and job training expenses – because Latinos would be undercounted, and underserved, for the next ten years.
In this manner, Obama used the appointment of Sonia Sotomayor, as a sleight-of-hand magician’s trick on the entire Latino population.
OSCAR LÓPEZ RIVERA
On July 13, 2015, Obama commuted the sentences of 46 drug felons. It was the most commutations in a single day, since the administration of President Lyndon Johnson.
28 of these felons were jailed for selling crack cocaine, 6 for cocaine powder, 4 for marijuana, and 2 for amphetamine.
In March 2015, Obama pardoned 22 more drug offenders. In December 2014, he pardoned 8 more.
In this wave of drug pardons, Obama has not found any space for Oscar López Rivera, the longest-serving political prisoner on the planet. Even though the US constitution gives the president the “power to grant reprieves and pardons for offenses against the United States,” Obama apparently feels that 76 drug felons are less “offensive” than Oscar López Rivera – who is in jail for insisting on the independence of Puerto Rico.
Less offensive than Oscar López Rivera
PUERTO RICO’S DEBT CRISIS
Within two months of taking office, in March 2009, Obama approved and presided over the $182 billion bailout of AIG, even though AIG had already been fined $1.6 billion for securities fraud, and criminal charges had been filed by the SEC against several AIG executives.
AIG used “credit default swaps” and other fraudulent financial instruments, to engineer and profit from foreclosures on over 4 million homes – but this didn’t stop Obama from bailing them out. Everyone, including the top CEOs, received their Christmas bonuses at AIG – even as millions of people lost their homes.
But the bailouts didn’t stop there. Obama bailed out nearly every investment bank on Wall Street – even though all of them had trafficked in subprime mortgages, and had knowingly created the mortgage crisis of 2007.
But everything changes, when Puerto Rico needs some help.
After doling out nearly one trillion dollars in bailout funds to white collar criminals on Wall Street, the Obama White House announced on June 29, 2015, that “There’s no one in the administration or in D.C. that’s contemplating a federal bailout of Puerto Rico.”
After making this announcement, for the past month, Obama has avoided the issue altogether. His only advice is “talk to Congress.” The president wants to take no action, and accept no responsibility, for what happens to Puerto Rico.
He is perfectly willing to let Puerto Rico fall into a death spiral…with no bankruptcy protection, no access to credit markets, and no immediate ability to repay $73 billion.
Instead, Obama is resorting to his old magician’s trick. The old sleight-of-hand.
In order to distract Puerto Ricans from his callous disregard for what happens to our island, he proudly signed H.R. 1350 last week, on July 28, 2015.
It is a landmark piece of legislation, renaming a post office in the Bronx as the Herman Badillo Post Office.
PROFITING FROM THE MISERY OF PUERTO RICO
A serious rumor is beginning to circulate, that Obama wants Puerto Rico to fail.
For a very cynical reason.
If Puerto Rico fails, this will force more Puerto Ricans to move to Florida, and North Carolina, and Arizona and Texas, where they will become Democratic voters in the 2016 presidential election.
In other words…Obama and the Democratic Party will actually benefit, if the Puerto Rican economy sinks into the Caribbean.
This is a brutal, inhuman calculus…the type that has been used in Puerto Rico since 1898. But this time, Puerto Ricans are aware of the game that is being played.
President Obama thinks that Puerto Ricans are suckers.
But he is wrong.