The answer finally exploded – like a bomb – on April 20 in Fox News. The entire island is about to be sold off, immediately after May 1, with Ricky Roselló as the auctioneer.
Here is how he will do it…
The Fox article reports, in perfect sociopathic detail, how the governor will distract the entire island with a phony “statehood” referendum…at the same time that he sells the island to Wall Street.
It will all be accomplished with lies.
Here are those lies: THE LYING FOX NEWS ARTICLE
THE FOX HEADLINE
Let’s start with the headline: “Puerto Rico pushes to privatize operation of public services”
This headline is packed with lies…THREE of them!
“Puerto Rico” is not pushing for anything.
The ruling class of Puerto Rico is pushing.
Gov. Roselló, ex-governor Fortuño, the Financial Control Board, and two dozen vulture funds are the ones pushing for “privatization. They can’t WAIT to turn a false $72 billion “debt” into an empire of P3s (public-private partnerships) that will convert the island into one giant ATM for Wall Street…for the next 40 years.
This is not about “operating.”
It is about owning.
Under the guise of “management efficiency” and payment of a false “debt,” these “P3s” will place roads, bridges, airports, schools, hospitals…and the electrical power and the water supply of Puerto Rico…under the ownership of Wall Street hustlers such as these.
This is not about public “services.”
It is about public assets . . . such as these.
It is about owning and controlling these assets. Goldman Sachs already has a 40-year lease on PR-5 and PR-22, the most profitable highway in Puerto Rico. Now all the other vulture funds want the same.
They all want – and will grab – the public assets.
THE FOX ARTICLE
The lies in the article itself, are remarkably bold:
“Puerto Rico is ready to sign dozens of new deals to privatize the operation of public services.”
“Gov. Roselló said public-private partnerships could create up to 100,000 new jobs and generate some $5 billion in the next three years.”
“25 percent of the revenues from these deals will go to the island’s crumbling public pension system.”
“Officials have identified at least 30 projects that would benefit from being run by a private company.”
THE FIRST LIE has already been discussed. It was embedded in the Fox headline.
THE SECOND LIE is simple arithmetic: 100,000 “new” jobs will be created…but only after 100,000 “old” workers are terminated, along with their pension and health benefits, and some of those “new” jobs might pay only $5 per hour.
75 percent of all state agencies will all be closed.
After that, $5 billion will be generated not “for Puerto Rico”…but for the vulture funds that are demanding immediate and full repayment, of a fraudulent $72 billion “debt.”
THE THIRD LIE is also arithmetic: without the vulture funds and their “P3s,” 100% of the revenue would go to Puerto Rico. But Puerto Rico will receive very little of the revenue – nowhere near 25% – until the vulture funds are repaid the so-called “debt.”
In other words, this “25% of revenue” means 25% of what the Commonwealth gets, AFTER the vulture funds have taken their cut. This is 25% of nearly nothing.
THE FOURTH LIE treats Puerto Ricans like infants, incapable of managing their own island. Then it turns 30 sectors of infrastructure into targets for “privatization,” for the alleged “benefit” of Puerto Rico.
But privatization will not benefit those 30 sectors. It will not “benefit” Puerto Rico.
It will benefit the Wall Street hustlers: salivating over Puerto Rico, eager to turn a false “debt” into 40-year “public-private partnerships.”
ON MAY 1, 2017…THE SALE OF PUERTO RICO WILL BEGIN
Just a few days from now (May 1, 2017) Puerto Rico will be in a complete default, the creditor lawsuits will be un-frozen, and all these creditors will be free to sue the island…for immediate re-payment of the alleged $72 billion “debt.”
Since Puerto Rico is financially bankrupt, but not allowed to declare bankruptcy, the creditors will demand immediate collateral… they will pressure the Financial Control Board to mortgage the island’s entire infrastructure, through “public-private partnerships.”
P5s…Public Private Partnerships for the Plunder of Puerto Rico
Over the past two years, this website has repeatedly warned about the “P3s” and “public-private partnerships” that are preparing to invade Puerto Rico.
Here are some of those articles:
These are not mere P3s – public private partnerships.
They are P5s – public private partnerships for the PLUNDER OF PUERTO RICO.
But this plunder…this invasion…is being cleverly disguised.
They already have Gov. Roselló falsely claiming 100,000 “new” jobs and distracting the entire island with a FAKE statehood referendum…even as these P5 deals are being cut.
They have Luis Fortuño, a corrupt ex-governor of Puerto Rico, making P5 deals behind the scenes.
They have Fox News lying about the P5 “benefits to Puerto Rico.”
They have a US-appointed Financial Control Board authorized to “accept gifts” and dripping with conflicts of interest, already pushing “a dozen” P5 projects throughout the island and demanding more of them.
They have vulture funds buying politicians in Washington and Puerto Rico.
They are a modern Mafia.
On May 1, 2017, this Mafia will hold a private party, and begin to slice Puerto Rico as their own personal cake.
The Governor of Puerto Rico will smile at this party.
He will even warm the knife…
So long as he gets his cut.
For a history of the War Against All Puerto Ricans, read the book…
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