The 2015 “Puerto Rico Investment Summit” was a luxury event. Foreigners paid $1,500 to attend the two-day conference. Puerto Ricans had to pay $2,500. That’s how luxurious it was.
It was held in the spectacular Condado Vanderbilt Hotel, which is owned by billionaire hedge funder John Paulson.
The Condado Vanderbilt Hotel
In fact, John Paulson hosted and catered the entire affair. The majority of the 400 attendees could barely speak any Spanish, so the conference was conducted in English. Here are some key moments:
It is clear from statements like these, that Paulson’s people live in a different world:
A world where destroying the island’s coastline is “good business.”
Where privatizing the island infrastructure – airports, schools, highways, water supply, electrical grid – is “smart management.”
Where people live in $12 million mansions because they’ve “earned” them.
Where jobs are available “for everyone who wants one.”
Where getting those jobs for your children, and your friends’ children, is not corruption or nepotism but “economic development.”
The real message of this conference is that Puerto Rico has become the Wild Wild West…where you can grab property for pennies on the dollar, pay no taxes, keep three sets of books, and hide money in one corporation after another.
In other words, like Cuba in the film Godfather II, Puerto Rico is up for sale.
Never mind that the MacQuarie Group has been an economic disaster in three separate continents:
That the privatized Luis Muñoz Marín airport has not paid its electric bills for three years, and owes the people of Puerto Rico 25 million dollars.
That “P3s” (Public Private Partnerships) are really P5s…Public Private Partnerships for the Plunder of Puerto Rico.
That millionaires buy their mansions with “Jumbo Loans” that require No Money Down, while Puerto Ricans are losing their own homes and moving to Florida.
For a closer look at the Paulson “Puerto Rico Investment Summit,” read this detailed report:
And then ask yourself…what can you do…to stop this.
What can we all do…to make sure that Puerto Rico…is not up for sale.
For a history of the War Against All Puerto Ricans, read the book…
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