Puerto Rico Says It Cannot Pay Back Its Bond Debt – “Our debts are non-payable”…

The reoccurring problem with socialism is eventually you run out of other people’s money !!

I’m not quite sure what the exact percentage is currently, but it was previously estimated more than 50% of all Puerto Ricans receive federal government subsidy (welfare) benefits of some form.  It is an unsustainable socio-economic system based on massive federal expenditures to subsidize their residents. 

Puerto Rico now saying “repayment is impossible”.  Here come the cries for bailouts from the Democrats.

padilla(Via New York Times) Puerto Rico’s governor, saying he needs to pull the island out of a “death spiral,” has concluded that the commonwealth cannot pay its roughly $72 billion in debts, an admission that will probably have wide-reaching financial repercussions.

The governor, Alejandro García Padilla, and senior members of his staff said in an interview last week that they would probably seek significant concessions from as many as all of the island’s creditors, which could include deferring some debt payments for as long as five years or extending the timetable for repayment.

“The debt is not payable,” Mr. García Padilla said. “There is no other option. I would love to have an easier option. This is not politics, this is math.” (more…)

Fox Affirms The Benghazi Brief – “The Arming Of Benghazi”…

It has been a year since we first posted the full 11,000 word Benghazi Brief, explaining the soup to nuts events of what happened from February 2011 up to September 11th 2012.   Many people have wondered why the Mainstream Media have not picked up the story.

It has been a slow process of sunlight crossing the treetops, but Fox News has just affirmed the content with their new story:  “The Arming of Benghazi” – excerpts below.

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(Via Fox Business)  The United States supported the secret supply of weapons to Libyan rebels while Hillary Clinton was Secretary of State according to federal court documents obtained by Fox News.

In a sworn declaration to the District Court of Arizona May 5th 2015, a career CIA officer David Manners said, “It was then, and remains now, my opinion that the United States did participate, directly or indirectly, in the supply of weapons to the Libyan Transitional National Council.”   The timing matters because in the Spring of 2011 the Libyan opposition was not formally recognized, and the direct supply of arms was not authorized. At that time, the CIA Director was David Petraeus. (DAVID MANNERS DOCUMENT HERE)

Manners testified before a grand jury investigating American defense contractor Marc Turi who faces trial this September on two counts that he allegedly violated the arms control export act by making false statements. (more…)

Fox News Parts Ways With Bob Beckel…

bob beckelNEW YORK — Bob Beckel, most recently a co-host on ‘The Five’ was let-go by Fox News over ‘personal issues.’

In March, Fox News said the Liberal host was recovering from back surgery.  Weeks later, Fox said Beckel had checked into a rehabilitation facility to receive treatment for a prescription drug addiction, Mediaite reported.

Fox News Executive VP of programming Bill Shine issued a short statement: “We tried to work with Bob for months, but we couldn’t hold The Five hostage to one man’s personal issues. He took tremendous advantage of our generosity, empathy and goodwill and we simply came to the end of the road with him.” (more…)

Hiding The Weaponization Of The IRS – Lois Lerner’s Hard Drive Appeared Intentionally “Crashed”…

lois lerner 3(Via Daily Caller) Former Internal Revenue Service official Lois Lerner’s hard drive most likely crashed due to “an impact of some sort,” like somebody hitting it or smashing it, according to new congressional testimony.

Then the hard drive was shredded and its pieces were sold for scrap.

Lerner’s laptop, which crashed on June 11, 2011 between 5 and 7 PM, was sent to an IT technician two days later. The Hewlett-Packard technician looking at her laptop determined that the hard drive failed because of an impact of some sort. (more…)

SCOTUS Protects ObamaCare (6-3) – Ruling: The Words “Established By The State” Do NOT Mean “Established By The State”…

SCOTUS did what many people figured they would do; with Chief Justice Roberts, yet again, joining the bench legislatures in a veiled effort to avoid the impression of a 5-4 ideological court.

Obamacare broken window theory Bastiat

SCOTUS – Today, by a vote of six to three, the Court agreed with the Obama administration that the subsidies are available for everyone who bought health insurance through an exchange, no matter whether that exchange was created by a state or the federal government.

Chief Justice John Roberts wrote the Court’s opinion, which Justices Anthony Kennedy, Ruth Bader Ginsburg, Stephen Breyer, Sonia Sotomayor, and Elena Kagan all joined.

The Court acknowledged that, at first blush, the phrase “established by the State” does not appear to include the federal government. After all, the ACA specifically defines “State” as “each of the 50 States and the District of Columbia.” But other parts of the law, the Court explained, suggest that the “meaning of the phrase ‘established by the State’ is not so clear.” (more…)

New School Smuggling Problem – Kids Selling Salt and Pepper Because Mooch Lunch is So Bland….

The latest exploits of the Rebel Alliance (school capitalists/wolverines) finds them crouched behind the lockers selling restaurant style packets of salt, pepper and sugar to their classmates.

Secret handshakes and spy-like slight of hand exchanges in the hallways help the rebellious crew execute their scurrilous deeds while remaining undetected.

(Washington Examiner) School lunches are so bland that kids are selling salt and pepper to spice them up, a school official told lawmakers Wednesday.

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This “contraband economy” is result of the Healthy, Hunger-Free Kids Act Of 2010, said John Payne, a school board president in Indiana.

The 2010 bill directed the U.S. Department of Agriculture to create national standards for food served and sold in schools, which included limits on what could be served and how much, as well as a maximum amount of calories that can be included in school meals.

Payne, president of the Blackford County School Board in Hartford City, Ind., told House lawmakers that students in his school district have been “caught bringing in — and even selling — salt, pepper and sugar in school to add taste to perceived bland and tasteless cafeteria food.” (more…)

Marilyn Mosby: ‘I arrested the cops for political reasons’ – Tells Judge It Was Her Brilliance, Excellence and Magnanimous Superiority That Saved Baltimore From Itself….

This is rich. While simultaneously saying the people of Baltimore are too stupid a mob to stop destroying their city, Mosby claims that it was imperative she remove the constitutional protections of the police department in order to save Baltimore; and people should be thanking her for sacrificing the police for the greater good of society.

marilyn mosby 7(Baltimore Sun) State’s Attorney Marilyn Mosby’s announcement of charges against six officers in connection with the arrest and death of Freddie Gray restored order to Baltimore “before the entire city became an armed camp or was burned to the ground,” her office argued in a new court filing.

Michael Schatzow, Mosby’s top deputy, asked a judge this week to deny a motion by attorneys for the officers asking that the charges against their clients be thrown out because of missteps they say Mosby made.

The defense lawyers argued that by publicly announcing the charges against the six officers involved in Gray’s April 12 arrest, Mosby unforgivably biased potential jurors against their clients.

But Schatzow said seeking to restore calm was a legitimate move.

Speaking in the middle of an ongoing riot, Mrs. Mosby was trying to calm the crowd, not incite it,” Schatzow wrote. “Her repeated pleas for peace while the criminal justice system does its work served a legitimate law enforcement function.” (link)

Manhunt Underway For East Saint Louis Cop Shooter – Gregory Nelson, 52, Armed And Dangerous…

Gregory K Nelson wanted for spontaneous act of confederacy. BOLO !!

EAST ST. LOUIS, Ill. (KMOV.com) – Police have identified a suspect in the Tuesday night attempted murder of a trooper in East St. Louis, according to the Illinois State Police. Charges and warrants were issued Wednesday for 52-year-old Gregory K. Nelson of East St. Louis.

gregory nelson - st louis cop shooter

The St. Clair County EMA tweeted that police were fired at while on Interstate 255 near State Street around 11:30 Tuesday night.

According to officers at the shooting scene, the incident began when a trooper with the Illinois State Police pulled over Nelson for a suspected DUI. Nelson then reportedly exited his vehicle and had a conversation with the trooper before firing his weapon. (more…)

A Key Aspect Of The Freddie Gray Autopsy Report – and Narrative Text From The Autopsy Analysis….

There’s something quite interesting in the Freddie Gray autopsy story that is seemingly overlooked by those who are discussing the controversial content.

It’s The Narrative That Makes The Difference !

When you go deep into the autopsy report, it is important to remember the sequence of events that facilitates the review; because, as many have mentioned, the ME analysis relies heavily on “an investigative narrative” to connect the fatal injury to the events of his arrest.

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The autopsy report, as you will see, is roughly 90% dependent on the narrative delivered to the medical examiner, and only 10% constructed with the forensic evidence contained on the body of Freddie Gray.

To begin, note the medical examiner’s report is dated April 30th, 2015.

This is the day BEFORE the Baltimore Police rushed their partially complete report to Marilyn Mosby in anticipation of her direct action charges on May 1st. This means the narrative used within the ME report was not from the completed Baltimore Police investigation/report, but rather from Marilyn Mosby’s own investigative team to the ME. (more…)

What Does The Media Do When Catching White House Lying – Why, Hide It and Blow It Off, of Course…

20,000 emails between Gruber and the White House prove the Obama administration was massively lying about Jonathan Gruber’s involvement with their construction of the ObamaCare fraud. And what happens when the emails are exposed?….

jonathangruber(Via Real Clear Politics) What happens when the news media catch the White House in a demonstrable lie? That depends entirely on whether they like the administration. If they loathe the administration, it’s front-page news. If they like it, they spike the story. As Momma used to remind us, if you can’t say something nice, don’t say anything at all. What a great motto for reporters.

That is exactly what the national media have done to an important story about the White House’s intimate working relationship with MIT professor Jonathan Gruber, who helped craft the Affordable Care Act. You may remember Gruber from his infamous videotapes, the ones in which he called the American public too stupid to understand the law. He added their stupidity was helpful to Obama, Pelosi, and Reid in passing the law. (more…)