Tag Archives: Oligarchy

John Oliver on Puerto Rico

In case you missed it, John Oliver and Lin-Manuel Miranda break down the real reasons Puerto Rico is struggling so much economically: a long history of different, preferential rules and programs for the rich from the states that economically has handicapped the larger community AKA modern colonialism. There are special tax breaks, loop holes and unequal voting, shipping and bankruptcy laws that benefit vultures who feed off of decay, chaos, vulnerability, desperation and collapse. Even the toll roads on the island are owned by Wall Street! If we think there is legalized corruption through an oligarchy in the U.S. proper (which there most certainly is!), Puerto Rico is this on steroids.

What a powerful piece. Now we the people need to stand up and take the power back!

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