Authord by Ryan McMaken via The Mises Institute,
There is a lot to learn from the slow and painful post-hurricane recovery that is going on in Puerto Rico right now.
One of Puerto Rico's biggest problems is that it is by far, one of poorest areas of the United States. The median household income in Puerto Rico is approximately $18,600. The median household income in the United States, by contrast, is around $57,000.
As we previously warned, the latest McCarthyite scam called "Hamilton 68" is increasingly serving as a go-to source for major media outlets and more disturbingly, now even members of Congress. This week Republican Senator James Lankford (Oklahoma) added another layer to the seemingly endless 'Russiagate' conspiracies - he claimed Wednesday during a hearing on threats faced by the US that Russia is using the NFL anthem kneeling controversy to drive a wedge through the American populace.
Based on what we already know about the proposed Trump tax reform, which can be summarized as follows:
As the disaster-relief effort enters its second week, air traffic is slowly resuming, which means hundreds of thousands of Puerto Ricans will likely flee the devastated island to stay with friends and relatives in the continental US as they wait for FEMA to rebuild roads, repair power grids and and revive the island's communications infrastructure – a process that could take months, if not longer.
The lack of prosecution of US bankers responsible for the great financial crisis has been a much debated topic over the years, leading to the coinage of such terms as "Too Big To Prosecute", the termination of at least one corrupt DOJ official, the revelation that Eric Holder is the most useless Attorney General in history, and of course billions in cash kickbacks between Wall Street and D.C.