Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

hill2016

(1,772 posts)
Mon May 23, 2016, 01:04 PM May 2016

How many Sanders supporters are willing to buy Puerto Rico municipal bonds? What PR needs is money.

I'm just wondering if Sanders supporters will put their money where their mouth is and buy up these bonds?

If Sanders supporters truly believe in socialism, they would be happy to invest their own wealth (401k, pension plans, etc.) in Puerto Rick bonds.

9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
How many Sanders supporters are willing to buy Puerto Rico municipal bonds? What PR needs is money. (Original Post) hill2016 May 2016 OP
Logic is not your strong suit. cali May 2016 #1
Well who do you think is going to lend to Puerto Rico? hill2016 May 2016 #4
Good question KingFlorez May 2016 #2
Paging Susan Sarandon. oasis May 2016 #3
Your traitorous offshoring corporations can help with that. VulgarPoet May 2016 #5
Why the fuck do you even connect Puerto Rico municipal bonds & Sanders supporters? Autumn May 2016 #6
Sander supporters hate hedge funds and other creditors of Puerto Rico hill2016 May 2016 #8
How did they fund it in the past? Before you decided it's the responsibility of Bernie supporters? Autumn May 2016 #9
The same as the number of Hillary supporters... beardown May 2016 #7
 

cali

(114,904 posts)
1. Logic is not your strong suit.
Mon May 23, 2016, 01:08 PM
May 2016

One can oppose austerity for Puerto Rico without putting personal funds into bonds.

 

hill2016

(1,772 posts)
4. Well who do you think is going to lend to Puerto Rico?
Mon May 23, 2016, 01:11 PM
May 2016

Puerto Rico needs outside money since it's running a budget deficit.

Clearly hedge funds are evil for wanting their money back so Puerto Rico should not borrow from them.

That leaves retail investors and institutional investors (pension plans) who are not as evil left to lend to Puerto Rico.

Clearly Sanders supporters don't care about things like "fair rate of return relative to the risk" or even "getting my money back".

So what's stopping Sanders supporters from lending money to Puerto Rico and investing in their bonds since they oppose austerity for Puerto Rico?

VulgarPoet

(2,872 posts)
5. Your traitorous offshoring corporations can help with that.
Mon May 23, 2016, 01:28 PM
May 2016

I dunno if you noticed, but a lot of us have been getting screwed in terms of our payrolls?

Autumn

(44,997 posts)
6. Why the fuck do you even connect Puerto Rico municipal bonds & Sanders supporters?
Mon May 23, 2016, 01:33 PM
May 2016

Even for you, a "free stuff" objector this is fucking strange.

 

hill2016

(1,772 posts)
8. Sander supporters hate hedge funds and other creditors of Puerto Rico
Mon May 23, 2016, 03:46 PM
May 2016

so I'm just wondering where the money is going to come from to fund public services

Autumn

(44,997 posts)
9. How did they fund it in the past? Before you decided it's the responsibility of Bernie supporters?
Mon May 23, 2016, 04:02 PM
May 2016

What the fuck.

beardown

(363 posts)
7. The same as the number of Hillary supporters...
Mon May 23, 2016, 01:40 PM
May 2016

that are willing to have their legs blown off in Iraq and then come home to find their civilian job has been outsourced and their pension robbed by Wall Street.

Sheesh. So many real issues to discuss and compare the two candidates that can lead to better understanding and a more unified Democratic party and you go with this drivel.

Latest Discussions»Retired Forums»2016 Postmortem»How many Sanders supporte...