2016 Postmortem
Related: About this forumHow 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.

cali
(114,904 posts)One can oppose austerity for Puerto Rico without putting personal funds into bonds.
hill2016
(1,772 posts)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?
KingFlorez
(12,689 posts)And the answer is definitely no. This whole idea of giving is a farce.
oasis
(48,922 posts)VulgarPoet
(2,872 posts)I dunno if you noticed, but a lot of us have been getting screwed in terms of our payrolls?
Autumn
(43,936 posts)Even for you, a "free stuff" objector this is fucking strange.
hill2016
(1,772 posts)so I'm just wondering where the money is going to come from to fund public services
Autumn
(43,936 posts)What the fuck.
beardown
(363 posts)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.