The author of War Against All Puerto Ricans, Nelson Denis, appeared on ABC TV this past Sunday, as a political commentator on TIEMPO.
Hosted by award-winning journalist Joe Torres, TIEMPO is the longest-running Latino-themed talk show on ABC TV.
Denis discussed the economic crisis in Puerto Rico, and the possibility (if any) of Chapter 9 bankruptcy protection for the island’s government.
Denis predicted that next month, in December 2015, the Government Development Bank (GDB) of Puerto Rico will run out of cash reserves…and the very next month, Puerto Rico will face a $945 million dollar bond payment: nearly one billion dollars.
Denis warned that the governor of Puerto Rico is preparing to turn over major areas of Puerto Rico’s public infrastructure – water, electricity, schools, prisons and highways – into “public-private partnerships” that will be owned and operated, on a for-profit basis, by US hedge funds and billionaires.