Puerto Rico and Virgin Islands Hurricane Recovery

User avatar
Lani
Posts: 2818
Joined: Fri Nov 16, 2012 4:01 pm
Location: Some island in the Pacific

Re: Puerto Rico and Virgin Islands Hurricane Recovery

#501

Post by Lani » Fri Jan 05, 2018 4:46 am

I've been following this closely as I think it demonstrates what will happen when Hawaii's next disaster hits. We are overdue for a tsunami or direct hurricane hit. If Puerto Rico can't get relief so close to mainland, I think we are truly fucked when disaster reaches us.


Insert signature here: ____________________________________________________

User avatar
Orlylicious
Posts: 6704
Joined: Mon Apr 23, 2012 4:02 pm

Re: Puerto Rico and Virgin Islands Hurricane Recovery

#502

Post by Orlylicious » Tue Jan 09, 2018 10:56 pm

Pray for our friends who can't catch a break!!



Avatar: Toni Holt Kramer, founder of a Trump fan club called The Trumpettes, taken New Years Eve at Mar-A-Lago.

User avatar
Tiredretiredlawyer
Posts: 4121
Joined: Tue May 10, 2016 2:56 pm
Location: Animal Planet
Occupation: Permanent probationary slave to 2 dogs, 1 cat, the neighbor's cat, and 1 horse

Re: Puerto Rico and Virgin Islands Hurricane Recovery

#503

Post by Tiredretiredlawyer » Tue Jan 09, 2018 11:03 pm

OMg! Puerto Rico can't get a break! There are articles today about IV bag anticipated shortages.


“I’ve been hooked since my first smell of C-4.” Linda Cox, first female Air Force Explosive Ordnance Disposal Technician, first to lead her own unit, go to war, be awarded a Bronze Star, and hold the highest enlisted rank of chief master sergeant.

User avatar
RTH10260
Posts: 13849
Joined: Tue Mar 02, 2010 8:52 am
Location: Near the Swiss Alps

Re: Puerto Rico and Virgin Islands Hurricane Recovery

#504

Post by RTH10260 » Wed Jan 10, 2018 5:51 am

Orlylicious wrote:
Tue Jan 09, 2018 10:56 pm
Pray for our friends who can't catch a break!!

https:// twitter.com/CNBCnow/status/950929345928990721
Fake News !

actually: no effects from the shake, no tsunami, no damages.

https://www.accuweather.com/en/weather- ... s/70003790



User avatar
RTH10260
Posts: 13849
Joined: Tue Mar 02, 2010 8:52 am
Location: Near the Swiss Alps

Re: Puerto Rico and Virgin Islands Hurricane Recovery

#505

Post by RTH10260 » Wed Jan 10, 2018 5:56 am

Tiredretiredlawyer wrote:
Tue Jan 09, 2018 11:03 pm
OMg! Puerto Rico can't get a break! There are articles today about IV bag anticipated shortages.
Already reported shortly after the hurrican leveled the island. They have the only factory that produces the filled bags for the whole of the US.



User avatar
Volkonski
Posts: 13979
Joined: Sat Mar 02, 2013 4:44 pm
Location: Texas Gulf Coast and North Fork of Long Island
Occupation: Retired Mechanical Engineer

Re: Puerto Rico and Virgin Islands Hurricane Recovery

#506

Post by Volkonski » Fri Jan 12, 2018 8:27 pm


Gov. Ricardo Rosselló urged Puerto Ricans in Central Florida to use the 2018 midterm elections to vote against those who have not been “friends of Puerto Rico."
This could get interesting.


Image“If everyone fought for their own convictions there would be no war.”
― Leo Tolstoy, War and Peace

User avatar
RTH10260
Posts: 13849
Joined: Tue Mar 02, 2010 8:52 am
Location: Near the Swiss Alps

Re: Puerto Rico and Virgin Islands Hurricane Recovery

#507

Post by RTH10260 » Wed Jan 17, 2018 5:53 pm




User avatar
RTH10260
Posts: 13849
Joined: Tue Mar 02, 2010 8:52 am
Location: Near the Swiss Alps

Re: Puerto Rico and Virgin Islands Hurricane Recovery

#508

Post by RTH10260 » Wed Jan 17, 2018 5:55 pm

from a month ago
How the GOP tax bill will wreck what’s left of Puerto Rico’s economy

By Armando Valdés Prieto December 20, 2017

The tax bill due for final passage Wednesday could be as damaging to Puerto Rico’s economy as Hurricane Maria was.

Provisions of the legislation aimed at bringing operations and jobs back to the United States from overseas would apply to Puerto Rico just as they would to India, Ireland or any other foreign jurisdiction. The result will be the loss of American jobs and investment on the U.S. commonwealth. If President Trump signs it into law, it will be a hard blow at the worst possible time.

That Congress would pass such a measure with blithe disregard for its effects on Puerto Rico is no surprise. It is yet another example of the federal government’s lack of coherent policies regarding the commonwealth since at least the early 1990s, whether controlled by Democrats or Republicans. The result has been that much of the economic ground that had been gained since World War II has been lost, with growing dependence on either federal aid or stateside emigration as the solution to the island’s problems. That’s not sustainable, and it’s about to get far worse.

A 12.5 percent tax on profits derived from intellectual property held in foreign jurisdictions, included in the final version of the tax legislation, would be the latest setback. Puerto Rico is a domestic jurisdiction in U.S. law — except for tax purposes. For decades, this arrangement has exempted Puerto Rico residents from paying federal income taxes, although individuals do pay into Social Security through withholdings. It also has allowed for the attraction of needed investment and high-paying jobs in manufacturing, which now accounts for 47 percent of the island’s gross domestic product, or more than $48 billion. Much of that sector is composed of pharmaceuticals and medical devices that generate revenue from patented drugs and technologies.

This new tax is designed to make offshore operations less profitable, thereby putting pressure on companies to relocate back to the United States. Because Puerto Rico is considered foreign by the Internal Revenue Service, and the most significant manufacturing outfits on the island are organized as controlled foreign corporations, the tax would be levied on these operations, potentially costing thousands of American citizens their jobs. Leaders from both of the island’s major political parties joined with a broad private-sector coalition to request an exception, but Congress didn’t listen.


https://www.washingtonpost.com/news/pos ... s-economy/



Post Reply

Return to “Current Events”