Being in a position of helping people in debt with their homes it has been fulfilling for me but a serious fight and sometimes even dangerous. Financial institutions as you know have a monopoly on everything and can do what they want with individual’s accounts, homes, possession and lives. Recently I was conducting research on Puerto Rico and reviewing the state that it is currently in which is sad but at the same time brings opportunity not only for on self but for others also. In my younger days my father was stationed in Ceiba as I remember he had a conversation with another high ranking armed forces member about that will happen to the Island once the military shuts down Roosevelt Roads and how it would be payback to the pro-independence forces that wanted it removed, now 25 years later I can say Pop’s was right.
2004 Article
“The end of Puerto Rican municipalities used for target practice is positive because of the dangers it poses, but there is also concern that the closing of Roosevelt Roads may lead to greater economic hardship because of Puerto Rico’s colonial dependency on the United States. According to the Navy, the base poured about $300 million into the local economy. The base was staffed by 5,500 people and provided jobs for 2,000 local civilians.”
“Some view the closing of the Roosevelt Road base in a different light. U.S. Rep. José Serrano (D-N.Y.) said the closing of Roosevelt Roads was in retaliation for the struggle to end the bombing of Vieques. “I see this closure as a punishment,” he said, because the “withdrawal of the U.S. Navy from Vieques was a victory for the Puerto Rican community.”
2016 -12 YEARS LATER - Article
“The Puerto Rican government failed to pay almost half of $2 billion in bond payments due Friday, marking the commonwealth’s first-ever default on its constitutionally guaranteed debt.
Gov. Alejandro García Padilla defended the historic decision by highlighting the island’s tense relationship with Wall Street firms that own its debt.
Some of these firms stand to lose money as a result of Friday’s nonpayment. Major insurers backing Puerto Rico’s debt could also be forced to pay out as much as hundreds of millions of dollars to bondholders.
Puerto Rico’s nearly decade-long economic recession has led to people leaving the island for the mainland in numbers not seen in more than 50 years, new Pew Research Center analysis of Census Bureau data has found.”
A coincidence you say??
Now let’s look at the big funds----
Hedge fund billionaire ---- -------- has been buying a lot of sand lately -- specifically, Puerto Rican sand.
Despite Puerto Rico's massive debt crisis, Paulson sees big profits ahead. He has plowed "quite a bit" -- an estimated $1.5 billion -- of his personal wealth into buying hotels, a resort and office buildings on the island.
------- compares Puerto Rico today to Miami in the 1980s.
Help yourself while helping others introducing the “BTC” a coin that will be backed by mortgage notes, solar leases and real-estate in Puerto Rico. There are certain strategies that can be utilize to acquire mortgage notes and REO’s on the island at a significant discount as well as sourcing discounted solar equipment I am looking for any innovative investors who are willing to entertain ideas and potentially a crowd share for launch as well as any developers who would like to take part in this!
I have more information I am willing to share if messaged with an interest so don’t hesitate lets discus.
Best…AZ
Interested in hearing but you're in a tough position here. You're a newer user, asking for funds, for a system you want to employ in a country that is far away from where most live (i.e., harder to pursue). That said, always willing to entertain ideas and see where it goes.