By José Nicolás Medina Fuentes
Trump says: “Puerto Rico is one of the most corrupt places on earth”
The Yankees take $ 70 billion annually from Puerto Rico, broken down: $ 35 billion of net income return from foreign capital that pays no taxes on the island and pays $ 12 billion of taxes to the Federal Treasury, (we finance your government), $ 22 billion that are taken for the goods that your capital sells to the island population, $ 3 billion for odious public debt service, $ 8.5 billion that we pay for rights acquired from social security pensions, veterans (war service), contributions for unemployment compensation and our contributions are not fully returned; $ 1.5 billion we pay for the cost of and subsidy to your merchant marine. Puerto Ricans receives $ 4.5 billion in coupons, Plan 8, Pell scholarships, pensions for which we have paid. Any special contribution is to fix the roads and infrastructure of your little fabric of colonial exploitation. FEMA funds are paid by Puerto Ricans in mortgage insurance with our property banks.
As if Puerto Rico were sovereign. We have no powers of sovereignty, the only power is that of anemic borrowing and forceed payment of an odious colonial debt that is federal responsibility.
Corrupt bipartisanship is a product and part of the colonial scaffolding. Trump is president of the most immoral and corrupt imperial government in history, which destroys with war and steals resources from the people of the third world and sucks the wealth of Puerto Ricans through colonial scaffolding. If the Yankees take $ 70 billion and only return $ 4.5 billion *, what name does that have: looting, robbery, imperial corruption, colonial exploitation.
- Data from studies of political economists based on official statistics from the Planning Board
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Translated by JRE/EF
José Nicolás Medina Fuentes
José Nicolás Medina Fuentes is a leading Puerto Rican lawyer, who has been a public servant, law professor and writer on various topics. He has lectured and researched extensively in various areas of civil, administrative and constitutional law in the cases before his attention, and published in magazines and newspapers about the public debt of Puerto Rico, the diaspora, the decolonization process, clinical legal education, the university mission, drug regulation, leadership theory, morality, negotiation theory and process, political process and others.