Let’s see if Yu can see this!
Esperanza Martel
OK Gente,
A key part of the future of Puerto Rico is certainly getting out of debt. Like it or not, that has to be done w/in US economic system. Getting legislative change seems key.
I would contend that if restructuring can happen, one crucial item in the post restructuring phase is renewable energy. They have to replace the dinosaur electrical utility they have…The Puerto Rico Electric Power Authority (PREPA).
Decentralized renewable energy would be a big help! If I did a plan, it would include no taxes for renewable energy companies for x years …tax breaks for those consumers who use it. USA govt. could subsidizing implementation through the Energy Department.
Let PR be laboratory for renewable energy instead of other crap. Lots of engineering strength in PR. Build on that! Could be important.
I would organize island wide folks from engineering departments and ex-NASA folks. They should be encouraged to start a bunch of renewable energy companies. These companies could get US govt and external funding (eg. Solera?) to set up a new grid for PR and then expand the Caribbean and then Florida. Further, PR could make deals to sell some of the electricity generated to northern US states in the winter.
Just a thought.
Sun, wind and engineering! The island has all three!
While this may not work, let’s consider the following natural experiments…
Here are the French departments in the Caribbean…
ST. BARTHELEMY. (St. Barts, St. Barth)
MARTINIQUE
ST. MARTIN (St. Martin/St. Maarten)
GUADELOUPE
LES SAINTES (Iles des Saintes)
MARIE-GALANTE
If we were to compare the standard of living, trade, GDP, cultural life between these French Departments (States) and the independent nations of the Caribbean of the same size (Barbuda, Antigua, Dominica, Greneda), what would be the difference if any?
A similar experiment can be conducted in he Pacific. We could compare Fiji, Samoa, Tonga and Tahiti with Hawaii. Where is the standard of living better? Trade? GDP?Where is the cultural life more flourishing?
That would be illuminating. I suspect that independentistas would like to see the nations doing better than the “states” as it would support their case.
i think that colonialism and independence is a little like slavery and Jim Crow. When the white man had slaves, he had to feed them, house them, cloth them in order to extract the labor. Then emancipation came and he didn’t have to do any of those things, just pay a wage to extract the value from the “free” worker. There is a reason why it was called by the Wobblies “wage slavery”.
Nation state status is a bit like that. Under colonialism you have to maintain police, government, economy to extract value from the colony. When the attain independence, you don’t have to pay for any of those things anymore, yet through a variety of mechanisms (eg. Debt.) you still extract the value you want. Is this “freedom”?
OK, modified protest suggestion number 1…
Shouldn’t all the people that protested the god damn fracking butts be out there protesting Fir Tree partners and company, the New York firm that heads a group of 35 hedge funds with a combined ownership of $4.5 billion in Puerto Rican debt?
• Appaloosa Management
• Paulson & Company
• Blue Mountain Capital
• Fundamental Advisors.
• Whoever Paulson sold to
• Charles Blitzer a former IMF official is advising the hedge funds
Since it might take more butts to get folks attention, here ya go!

They will determine the fate of Puerto Rico like few other human organizations will in the foreseeable future. THEY ARE IN FRACKING NYC!!! How about we crowdsource the investigation of these 1% Mother frackers and start showing up on their door step????
Occupy Fir Tree Partners!!
Hello folks,
Here I am commenting on future choices for Puerto Rico. I will start with the contention that in considering one possible future for PR, that of becoming a nation state, I think that the sector of the independence movement I’ve been exposed to here in NY has confused the ends and the means.
To me, political sovereignty has always been means to an end. The end itself has been to have a sustainable, high standard of living for the people of PR based on a thriving economy with justice and equality. I will refer to that end as PR Future 1. Further, in my view, Independence is a means to that end, not an end in an of itself.
My concern is that I have serious doubts about that means. I have serious doubts that independence can deliver on the promise of PR Future 1. Why do I say that? Well because of the fate of former colonies around the world and even in the Caribbean. They all become subject to the world economic order and usually don’t have the economic vitality, because of years of colonial arrangements, to maintain the needs of the country. Because of that, these countries usually ask for international loans to the various agencies that provide them. These include the world bank, the IMF and USAID. Essentially the worlds powers Europe, USA, Japan etc. contribute funds to these agencies that then lend them to the third world for a variety of purposes with varying degrees of dubiousness.
Lets see what the current climate of foreign debt is in the Caribbean. I must say, I’m not an expert in this, so some of my info may be shoddy. However, here goes….






As I think you can see from the maps, many nations in the Caribbean have foreign debt. Their economies are shaped often by the need to service those debts. Puerto Rico is suffering from debt as well, but from within the US economic system.
So the question is…if PR was to become a nation in the near future, what reason do we have to believe that starting from its current state, that it would somehow escape needing foreign loans to finance many aspects of its national economy? Why would it not need to incur foreign debt when so many of its neighbors have debt?
I don’t see a good reason. Further, no Independentista I’ve ever known has been able to tell me why this would be so.
What is significant about this for Puerto Rico in evaluating independence as a means to PR Future 1 can be seen in the quote from Thomas Sankara, former leader of Burkina Faso. In speaking about Africa that has many former colonies, he says….
“We think that debt has to be seen from the standpoint of its origins. Debt’s origins come from colonialism’s origins. Those who lend us money are those who had colonized us before,” he declared. “Under its current form, that is imperialism-controlled, debt is a cleverly managed re-conquest of Africa, aiming at subjugating its growth and development through foreign rules. Thus, each one of us becomes the financial slave, which is to say a true slave…”
This is a warning to many anti-colonialists. One we would do well to heed. The situation in for Puerto Rico would likely be very similar. The nation with big influence in the world bank and IMF is the good old USA. In many ways, we’d be going back to the US to help us leave the US. How different would that be in how the nation gets terms in agreements? Probably worse.
Consequently my point is that Independence is not a guarantee to PR Future 1. In fact, likely to be far from it. Thus, in my view, Independentistas have been writing checks that they probably can’t cash. This promise of better will in all likelihood not be true. Rather, I have not heard a reasoned argument to explain why the economic political situation would be better for Puerto Rico as opposed to lots of other places.
This vacuum of reasoned, evidence based positions in the independence movement may have a tiny bit to do with the fact that the movement is very weak on the island. Independentistas could create a case for their position. They are not prevented access to the information needed to make that case. Folks can do this on their own. Trouble is its probably not done and if it is, its locked up in closet somewhere. What I have observed is that Independence relies mostly on romance and emotion. However, romance and emotion doesn’t pay the bills.
Consequently, those that advocate independence have to grapple with this vacuum. Is it theoretically possible to come up with something? Maybe. Have they? Nope. Deal with the vacuum or it would not be wrong to say that independence advocates are essentially lying to the very people that they would like to advocate for. Not cool.
In sum, is there a good alternative means for PR to arrive at PR Future 1. Not that I can see. Its all very flawed with some pluses and many minuses. I say Boricuas have to coldly examine the options that have the most pluses and the least minuses. That includes inventing options not on the table right now. That requires creativity in this realm that seems sorely lacking in the progressive Puerto Rican community.
Onwards to PR Future 1!
Just a bit of symbolism that I came up with in the 90’s. Its my fist!

RMC: “Global gangster economics. We cannot fight it, but we should at least have a piece of the pie, and be allowed to become good earners for the house masters.”
To that I present the famous poem Ozymandias by Percy Shelley
“I met a traveller from an antique land
Who said: “Two vast and trunkless legs of stone
Stand in the desert. Near them, on the sand,
Half sunk, a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them and the heart that fed:
And on the pedestal these words appear:
‘My name is Ozymandias, king of kings:
Look on my works, ye Mighty, and despair!’
Nothing beside remains. Round the decay
Of that colossal wreck, boundless and bare
The lone and level sands stretch far away.”
Behemoths of one era bestride the land and the furry rodents scurry away, avoiding their crushing steps. However, in later era, the bones of those fearful monsters stand silent in the museum’s of the descendants of those tiny mammals as lessons of the passage of time.
OK mi gente,
Here is my strategic suggestion… Boricua activists out there have their hedge fund hit list….
• Fir Tree partners
• Appaloosa Management
• Paulson & Company
• Blue Mountain Capital
• Fundamental Advisors.
• Whoever Paulson sold to
• Charles Blitzer a former IMF official is advising the hedge funds
We find out all we can about them. Find out if there are Boricuas/Latinos,as in every level from partner to janitor. See if we can get intelligence about them. We can reach out to our Occupy Wall Street friends to get intel on how to do the corporate protests.
Then we have Teach ins about the Puerto Rican situation and about debt, municipal, state and national in general. There is the Greece, Argentina, Detroit, Naomi Klein forum.
Get our congressmen and women to hold hearings on these guys to get them into the light of day. Get our city council representatives to hold hearings on them to get them into the light of day.
Same time, start fleshing out the future. For example, get a congressional agenda together of all the measures that would benefit Puerto Rico in dealing with the crisis.
Then you get the presidential candidates starting with the Dems to come out publicly with their positions re the congressional actions and what they would do vis a vis executive orders.
Remember, this is really about the 1%!!
Then the butt activists target each of these Hedge Fund villains and hold demonstrations against them. Protest them in the hearings as well.
Then we get our sustainability friends & allies (WEACT, Rocky Mountain Institute etc.) to come up with alternative energy plans for Puerto Rico to replace in the market place the fucked up power authority with distributed wind and solar alternatives.
What do ya’ll think?
J
Hello all,
I have didn’t write new posts for my blog for some time. I haven’t gotten back to flowers in a while due to the exigencies of my work life. HOWEVER, I feel compelled to put out some thinking on what I am calling Boricua Futuristics or how to think about the future of Puerto Rico and Puerto Ricans. I am compelled because of the dire situation that Puerto Rico is in.
In a “Back to the Future” kind of way, I reflect upon this, thinking of some young man and some woman who, because of economic hardship, are or are planning to leave Borinquen. They may come to meet here in the USA and they may have children. Those children may come to have children. Amongst those children of children, there may be a boy who grows up and dreams.
I am speaking as that boy. A person that is the child of a child of a migrant. My abuelos came to this country 91 years ago because of an economic crisis in those days. An economic crisis that happened 26 years after the invasion of Puerto Rico by the United States in 1898 and 8 years after the USA legislated that all Puerto Ricans were US citizens. A child that was born in the year 1898 and a citizen in 1917 could have been the parent of my grand parents and probably were. There was very few opportunities for them in those days because of a vast economic transformation grinding poverty was rampant and they came to NYC to make a better life. Their child was born about 17 years before another upheaval caused the big wave of Boricuas to come to NYC and other destinations.
91 years later I am observing a similar situation. A vast economic transformation is causing migration. People are leaving in droves. The economics calls upon us to contemplate the politics and sociology and indeed the future. This is what I’m going to do.
One future I can imagine is a Puerto Rican dystopia where the island is depopulated and non-Puerto Ricans become the majority. You might see it as transnational gentrification, the whites move in to the neighborhood the original residents can’t afford anymore.
This would be the beginning of the end of Puerto Ricans…with no cultural anchor…the culture will disintegrate and pass into the dustbin of history. Kind of a cultural extinction event. Cultures, like species can become extinct.
There are other peoples that have been driven off their land. Just ask Palestinians and Native folks. The continuance of their cultures is a real issue. We are talking about glacially slow, but inexorable processes.
This is all happening in the era of the meteoric rise of the 1%…the “Masters of the Universe” that are in control of many more planetary resources than ever before. The city, state and national bankruptcies are just the footprints of the behemoths striding across the globe. The various cities in the USA (in Detroit and other small municipalities, Stockton CA) States such as Illinois and nations such as Puerto Rico and Greece. We have to think, not just about how we got here, but where are we going.
I’m going to try to do a little bit of that.