Archive for December 2013

Wall Street Pirates of the Caribbean: Puerto Rico’s Public Pension System Teetering on Collapse as Retired School Teacher’s Face Cuts

Timothy Alexander Guzman, Silent Crow News – Protests erupted this past Thursday in San Juan, Puerto Rico’s capitol building. The ongoing economic stagnation of Puerto Rico continues with proposed pension cuts for retired public school teachers according to the Associated Press: The protest interrupted a special legislative session that Gov. Alejandro Garcia Padilla had called… (read more)

US Hegemony and Puerto Rico’s Economic Crisis

Timothy Alexander Guzman, Silent Crow News – A major economic crisis is looming in the Caribbean.  Puerto Rico, a US Commonwealth will be the center of attention in the world of finance in the coming months ahead.  Puerto Rico’s economy has been in a recession since 2006 and its bonds are close to junk status. … (read more)