Community Chat

[Noel7]

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@ms traditional wrote:

Puerto Rico has been losing population since 2000 because of lack of economic opportunity and fiscal problems.  i really wonder how many of the evacuees will end up returning once they leave.  perhaps we should make PR an enterprise zone -  rebuilding is no good if there is no economy ultimately. 

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Good question @ms traditional  I was thinking along that line, also.  I wonder why there hasn't been some investment there.  Maybe the people don't want it, I don't know.

[ms traditional]

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@Noel7 wrote:

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@ms traditional wrote:

Puerto Rico has been losing population since 2000 because of lack of economic opportunity and fiscal problems.  i really wonder how many of the evacuees will end up returning once they leave.  perhaps we should make PR an enterprise zone -  rebuilding is no good if there is no economy ultimately. 

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Good question @ms traditional  I was thinking along that line, also.  I wonder why there hasn't been some investment there.  Maybe the people don't want it, I don't know.

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@Noel7  i think there have to be incentives given to businesses now. but if a real economy, larger than tourism, can be built then bondholders owed $ can get some money back, fed gov't can be repaid if it ends up guaranteeing some debt, people will have jobs, etc.  that to me makes sense if DC is going to sink money into the island. if it is going to become a ghost island, not so much.......

[Noel7]

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@ms traditional wrote:

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@Noel7 wrote:

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@ms traditional wrote:

Puerto Rico has been losing population since 2000 because of lack of economic opportunity and fiscal problems.  i really wonder how many of the evacuees will end up returning once they leave.  perhaps we should make PR an enterprise zone -  rebuilding is no good if there is no economy ultimately. 

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Good question @ms traditional  I was thinking along that line, also.  I wonder why there hasn't been some investment there.  Maybe the people don't want it, I don't know.

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@Noel7  i think there have to be incentives given to businesses now. but if a real economy, larger than tourism, can be built then bondholders owed $ can get some money back, fed gov't can be repaid if it ends up guaranteeing some debt, people will have jobs, etc.  that to me makes sense if DC is going to sink money into the island. if it is going to become a ghost island, not so much.......

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@ms traditional

Yes, incentives for sure.  Often with reduced taxes and other perks.  I hope they get help with financial planning.

[sunshine45]

Carnival Corp. (NYSE:CCL), the world’s largest cruise line, told FOX Business that some of its Carnival Cruise line ships “are currently traveling to destinations in the Caribbean and donating and delivering supplies, water and food to the Caribbean, which will include San Juan as well.”

“We are currently in discussions with authorities there [in Puerto Rico] to help determine other ways to help and have an impact,” Roger Frizzell, SVP & chief communications officer for Carnival Corp. said.

Additionally, the company recently announced a $10 million donation pledge to hurricane relief victims in the Caribbean and Florida, which now includes San Juan.

[Noel7]

GOOD NEWS:

The shipping restrictions on delivering life-saving supplies to Puerto Rico have been waived!  Finally.

[sunshine45]

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@Noel7 wrote:

GOOD NEWS:

The shipping restrictions on delivering life-saving supplies to Puerto Rico have been waived!  Finally.

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thank goodness......it should never have taken that long.....

the waiver is only in effect for ten days though?

[Noel7]

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@sunshine45 wrote:

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@Noel7 wrote:

GOOD NEWS:

The shipping restrictions on delivering life-saving supplies to Puerto Rico have been waived!  Finally.

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thank goodness......it should never have taken that long.....

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You're right @sunshine45

It should have been done a week ago.  A report this morning said people are starting to die because they have nothing.  Hospitals have been turning people away because they have no supplies.

We are better than that.

[sunshine45]

@Noel7

i also just read that the waiver is only good for ten days?

[Noel7]

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@sunshine45 wrote:

@Noel7

i also just read that the waiver is only good for ten days?

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@sunshine45

Oh, no 😟  A report on a few minutes ago had an American administrator say they weren't ready to move supplies, but he could not say why.

Families are dragging diabetics across a river to find insulin.  This is heartbreaking.  Insulin needs to be refrigerated.

[Isobel Archer]

What about the Clinton Foundation?  I'm sure they are helping.