"But the Puerto Rican economy does matter for the United States—and particularly for
U.S. security. Given the island’s proximity and ties to the United States—not to mention
the perennial (and highly controversial) debate over Puerto Rico’s status as a U.S.
commonwealth and the ease of entering the United States once on the island—drug
trafficking and violent crime in Puerto Rico have direct implications for U.S. security
policy in the region. In the absence of a healthy economy and given the shrinking private
sector in Puerto Rico, the growth of informal activities—drug trafficking and organized
crime chief among them—is the unfortunate consequence."
That little fillip comes from a recent publication titled "Shit! The 'Ricans Are Comin'!" The actual title of the butt-wiper is "Why Puerto Rico's Economy Matters for U.S. Security," written by local economist José Villamil and with a forward by the above-quoted Carl Meacham.
The report was issued in last week just as the junk-bond bomb of Our overwhelming debt was starting to become a palpable reality to folks who are too dense to absorb news other than from Our gossip-rag media, lamebrain talk radio or the corner bar.
The report itself is a typical Villamil production: up-to-date with data, leaning more on style than substance and the finest expression of the economist-as-whore. When you pay Villamil to write a report for you, he writes the report you want. Satisfying clients is very high on the Villamil short-list of priorities.
As an example of his sloppiness as window tint, here's this quote, from page 5: "Even this complacency came to an abrupt end in 2005, when rating agencies raised an alarm concerning the high level of appropriations debt with no source of repayment. And in May of the following year, the Puerto Rican government had to close for two weeks because of budgetary difficulties."
Notice how the bond debt crisis is juxtaposed directly with the government shutdown, a gross over-simplification of what was undeniably a party politics shitfest between a dickhead governor and a dickhead senate president. (No. No capital letters for these assholes.) Was the debt part of the problem? Yes. But the shutdown was totally unnecessary and caused mainly by an infantile bout of dick-swinging between guys with microcephaly and micropenises.
But of course, what Carl pays for, Carl gets. He wants to paint a picture of Puerto Rico as a rogue narco-estadolibreasociado whose millions of cocaine-infested criminals are poised to swarm the pristine shores of the U.S. of part of A. in a mindless rampage of raping and pillaging. It will come as no surprise to smart folks that Carl is a true-blue Republican. Or as their ilk is known in Jeniusville, a dickwad.
Carlitos, whose mom is Chilean, speaks fluent Spanish, so I can make My point to him in a language We both can enjoy: Cágate en tu madre, cabrón.
Google Translate for the rest of you.
The Jenius Has Spoken.
The report was issued in last week just as the junk-bond bomb of Our overwhelming debt was starting to become a palpable reality to folks who are too dense to absorb news other than from Our gossip-rag media, lamebrain talk radio or the corner bar.
The report itself is a typical Villamil production: up-to-date with data, leaning more on style than substance and the finest expression of the economist-as-whore. When you pay Villamil to write a report for you, he writes the report you want. Satisfying clients is very high on the Villamil short-list of priorities.
As an example of his sloppiness as window tint, here's this quote, from page 5: "Even this complacency came to an abrupt end in 2005, when rating agencies raised an alarm concerning the high level of appropriations debt with no source of repayment. And in May of the following year, the Puerto Rican government had to close for two weeks because of budgetary difficulties."
Notice how the bond debt crisis is juxtaposed directly with the government shutdown, a gross over-simplification of what was undeniably a party politics shitfest between a dickhead governor and a dickhead senate president. (No. No capital letters for these assholes.) Was the debt part of the problem? Yes. But the shutdown was totally unnecessary and caused mainly by an infantile bout of dick-swinging between guys with microcephaly and micropenises.
But of course, what Carl pays for, Carl gets. He wants to paint a picture of Puerto Rico as a rogue narco-estadolibreasociado whose millions of cocaine-infested criminals are poised to swarm the pristine shores of the U.S. of part of A. in a mindless rampage of raping and pillaging. It will come as no surprise to smart folks that Carl is a true-blue Republican. Or as their ilk is known in Jeniusville, a dickwad.
Carlitos, whose mom is Chilean, speaks fluent Spanish, so I can make My point to him in a language We both can enjoy: Cágate en tu madre, cabrón.
Google Translate for the rest of you.
The Jenius Has Spoken.
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