Puerto Rico hits Fox News!

Obama’s Secret $6 Billion Bailout for Puerto Rico?

The Obama administration is eying a secretive tax deal critics charge is an indirect bailout for Puerto Rico to the tune of billions of taxpayer dollars.

The U.S. territory, desperate for revenues in the midst of the recession, surprised industry with a $6 billion tax on foreign firms - including a significant bloc of U.S. pharmaceutical firms - Oct. 22 in a rare weekend legislative session without any public debate in advance.

But now U.S. taxpayers, not the firms, could end up footing at least a significant chunk of the bill.

from Fox Nation.

Don Dees asks:

"What? Why is this the first I've heard of this? And why can't find out a damn thing about this law coming out of La Forteleza?"
Oh I'm sure with FoxNews this will get totally fair and balanced coverage ensuring it to be popular with most mainlanders. Not! But if Fortuño can pull this off, expect a second term from Milhouse!


Marcos Polanco

15 de enero de 2011, 02:11
Permalink this comment



So let me get this straight...the REPUBLICAN governor of Puerto Rico shares a LEGAL OPINION with the IRS that it wishes become validated, and now it is construed as a SECRET DEAL Obama is negotiating on behalf of the 2 million NON VOTERS residing in Puerto Rico? OK!

MC Don Dees

15 de enero de 2011, 06:59
Permalink this comment



That's the way FoxNews rolls baby! Facts, smacts! They spin anything into a few talking points and then order all of their analysts and reporters to hammer on it till it gets drilled into their base. It's all in the documentary: "Outfoxed - Rupert Murdoch's War on Journalism"

But I am still curious, why can't I find any corroborating evidence on this coming out Puerto Rico?