by Tom Rogers During last night’s episode of the Remso Martinez Experience, the host discussed various policy stances and listener questions with candidate for the Libertarian Party nomination for President, Kimberly Ruff, an Arizona resident advocating for the radical wing of the Libertarian Party. During the show, Martinez picked several questions submitted to him on…
LISTEN TO TLR’S LATEST PODCAST: By Robert Donachie Puerto Rican voters made their way to the polling centers Sunday to vote on whether or not they want to become the 51st U.S. state. “I voted for statehood,” 74-year-old retiree Armando Abreu told reporters outside a polling center at the Escuela Gabriela Mistral. “Even if it’s…
LISTEN TO TLR’S LATEST PODCAST: By Kody Fairfield On Sunday, Puerto Ricans will head to the polls to decide whether or not the US territory should back and effort to become the 51st state within the United States of America. The vote, though non-binding, will present the nation of 3.4 million with three options, reports the…
LISTEN TO TLR’S LATEST PODCAST: By Eric Lieberman A dozen airport and Transportation Security Administration (TSA) employees were arrested in February for allegedly operating a massive cocaine smuggling ring. “During the course of the conspiracy, the defendants smuggled suitcases, each containing at least 8 to 15 kilograms of cocaine, through the TSA security system at the…
By Connor D. Wolf White House Principal Deputy Press Secretary Eric Schultz denounced a plan Friday to let Puerto Rico set a minimum wage for younger works below federal standards. Puerto Rico faces profound fiscal problems over its growing $70 billion in debt. Congressional lawmakers introduced a measure Wednesday aimed at getting the region out of financial…
By Juliegrace Brufke Democratic presidential candidate Sen. Bernie Sanders said the Federal Reserve should bail out Puerto Rico in the way it bailed out major banks during the financial crisis at a town hall hosted in San Juan Monday. “If the Federal Reserve could bail out Wall Street, it can help the 3.5 million American citizens…
By Juliegrace Brufke Puerto Rico defaulted on most of its $422 million debt payment Monday, but will continue its negotiations in an attempt to try and work out a deal. The Government Development Bank (GDB) reached an agreement with several of its creditors just prior to its announcement it wouldn’t pay the majority of what it owes, according…
Juliegrace Brufke Eight Puerto Rico residents were arrested Thursday in connection to a $10 million health care fraud case, according to the Department of Justice. U.S. Attorney for the District of Puerto Rico Rosa Emilia Rodríguez-Vélez announced the charges of “bribery, conspiracy to commit health care fraud, conspiracy to commit an offense against the United States,…
Blake Neff Chicago’s public schools, already deep in the red, are poised to descend even further after the district solved its immediate financial woes by borrowing over $700 million at ruinously high interest rates. The fiscal calamity is so vast that Chicago’s public schools (CPS) are even more distressed than Puerto Rico’s failing government….
Juliegrace Brufke Former Chief Restructuring Officer for the Department of Treasury Jim Millstein’s restructuring-advisory firm, MillCo Advisors, is reportedly raking in millions off of Puerto Rico’s debt crisis. According to The New York Post, the former Obama official – who left the government agency in 2011 – could make as much as $52.4 million off…