DR. WILLIAM SANTIAGO ADDRESSES APRIL PUERTO RICAN AGENDA ON FISCAL CRISIS

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by Puerto Rican Agenda

On Saturday, April 2, 2016, Dr. William Santiago, Visiting Professor: University Michigan-Dearborn (African & African American Studies) & National University of Senegal, West Africa (African Studies Laboratory) presented an excellently researched speech on the fiscal crisis of Puerto Rico. It focused on the players on the hedge funds in Puerto Rico and the connections to then local political elite on the island. He referred to the US Congress proposal to create an oversight board, as a coup d’etat. He outlined four mayor premises for his presentation: 1) The majority of those who are here (as emigres or exiles) were expelled from Puerto Rico against our wishes; 2) The socioeconomic crisis in Puerto Rico cannot be understood without explaining it as a colonial (situation) enterprise which annually invests/circulates $17 and profits $35 from these 3) The decision-making process, here and there, are controlled by the same military/economic monies who don’t respond to elections. These monopolies and their caste are two wings of the same vulture, as evidenced in the tables in appendix. (See reproduction of this speech in the March- April 2016 issue of QOS). 4) That collective problems don’t have individual solutions. A lively question and answer session followed the presentation

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