By Luis Torres
The reason for this blog, is only to present you a reality that you may not knew before and perhaps make you do your own research and find out the truth for yourself and not just believe in things just because its what you’ve been taught.
I always laugh when I see how passionate Puerto Ricans are when it comes to politics, like we
said in the island, politics is our favorite sport. Unfortunately like many sports fans, we are
experts about statistics, rules and everything regarding the sport per se, but we don’t know squad
on how to play it, we’re only spectators. Case in point, there are does who want Puerto Rico to
become the 51 State of the USA and they go to whatever lengths to pitch the Puerto Ricans
that once we are part of it, all our problems will vanish. Either they are also one of this so
call experts on the matter that don’t know how to play the game, or they just don’t want to see
the reality of things and are just plane deceivers or puppets of a greater scheme.
Puerto Rico is a Commonwealth of the USA but a special one (Estado Libre Asociado) Free
Associate State, yeah I know, it makes no sense. But like they say on the mainland, “It is what it
is”. The truth is that we’re not Free, we’re certainly not a State, but we have a kind of an
association (they tell us what to do and we do it or else). So, to those that love to see Puerto Rico
becoming a part of the USA, here is the reality.
Brief history of the relationship of Puerto Rico and the USA
The U.S. House of Representatives, and the Jones Act of 1917, established all Puerto Ricans are
born citizens of the United States with the identical citizenship of any US Citizen (lie). You do
not need a passport to visit Puerto Rico from anywhere in the 50 states.
Residency of Puerto Rico, however, is a little different than amongst the 50 states. No residents
of Puerto Rico pay federal income tax ( unless you are a Federal Employee or derive income
from the US mainland some people pay both federal and local tax but are not taxed twice on any
income) nor vote in presidential elections, but pay most other federal taxes, including Social
Security, Medicare, Medicaid, etc., and many commerce-related taxes like the alcohol tariffs.
When any resident of Puerto Rico moves and changes residency to one of the 50 states, then
they must commence paying federal income tax and can vote in presidential elections .
Our currency is the U.S.dollar, our mail system is the U.S. Mail, we have Federal Courts, the
U.S. Coast Guard, the U.S. National and Air Guards, and even the F.B.I.
Puerto Ricans have spilled their blood in every war and conflict in which the US has entered
since World War One.
The United State can’t afford us, Puerto Rico (as it is) is a nanny state.More than one-
third of the population in Pueto Rico is now on food stamps. American taxpayers are
now handing out more than $2 billion each year to residents of Puerto Rico – most of it
in cash. Since the food stamps are forked over in cash form, it is impossible to know if
the hard-earned taxpayer funds are actually even being used to provide food for the
poor. The US Department of Agriculture (USDA) recently admitted that the federal
agency cannot verify how the Puerto Rico food stamps funds are being spent, but don’t
appear to have a plan to correct the possible taxpayer abuse. Most of the American
money is distributed through the Nutrition Assistant Program, also known as NAP.
Another portion of the funding stems from the 2009 stimulus package. In Puerto Rico,
approximately 1.37 million residents were handed food stamps during 2012. The
average unemployment rate in the Island is 14.2 percent and the median annual
household income is about $26,000. And this numbers are for a Commonwealth,
imagine how high they’re going to go if Pto. Rico becomes a State. Now lets see how the
USA economy its doing :
Daily Treasury Statement for July 12th 2013, which the U.S. Treasury released on July
16th 2013, the federal debt that is currently subject to a legal limit of
$16,699,421,095,673.60 its now at exactly $16,699,396,000,000.00 (it is impossible to pay this debt)
There are 32 States that are now officially bankrupt including the Virgin Islands this
means that they run out funds to make unemployment benefit payments and that the
federal government has been supplying these states with funds so that they can make
their payments to the unemployed. In some cases, states have borrowed billions. As of
May 20, the total balance outstanding by 32 states (and the Virgin Islands) is $37.8
On top of this, we have to add the endless wars (which cant be afford), more than 900
bases around the world that are not need it. Another problem that the US
have is the aid they provide to other countries for example, Egypt $1.5 billions, Iraq $1.6 billions,
Pakistan $2.1 billions, Afghanistan $2.3 billions and the top aid receiver goes to Israel with $3.07 billions ( just for 2012)
The new rising economies
like Russia, China, India, Brazil (to mention a few) and establish economies like Japan,
has stop using the Dollar as the World Reserve Currency when doing transaction among
The US will tell you hundreds of reasons way the economy isn’t growing like its suppose
to, experts will tell you that everything is fine and Ben Bernanke will tell you that the
interest rates will stay at near 0% and that his QE3 (bond-buying program) its till going
to be in effect indefinitely. But they will NEVER tell you what is the root of all this mess
and why for Puerto Ricans will be the biggest mistake ever if they decided to join the 50
The root of the US economic problems is The Federal Reserve Bank
Here are some things that you need to know about the Fed.
The Federal Reserve is not a government agency.
The truth is that it is a privately owned central bank. It is owned by the banks that are
members of the Federal Reserve system (in the states and abroad) . We do not know
how much of the system each bank owns, because that has never been disclosed to the
The Federal Reserve System Is A Perpetual Debt Machine
As long as the Federal Reserve System exists, U.S. government debt will continue to go
up and up.
This runs contrary to the conventional wisdom that Democrats and Republicans would
have us believe, but unfortunately it is true.
The way our system works, whenever more money is created more debt is created as
The Federal Reserve Has Destroyed More Than 96% Of The Value Of The U.S. Dollar
Did you know that the U.S. dollar has lost 96.2 % of its value since 1900? Of course
almost all of that decline has happened since the Federal Reserve was created in 1913.
Because the money supply is designed to expand constantly, it is guaranteed that all of
our dollars will constantly lose value.
The Federal Reserve Can Bail Out Whoever It Wants To With No
The American people got so upset about the bailouts that Congress gave to the Wall
Street banks and to the big automakers, but did you know that the biggest bailouts of all
were given out by the Federal Reserve?
Thanks to a very limited audit of the Federal Reserve that Congress approved a while
back, we learned that the Fed made trillions of dollars in secret bailout loans to the big
Wall Street banks during the last financial crisis. They even secretly loaned out
hundreds of billions of dollars to foreign banks.
The Federal Reserve Is Paying Banks Not To Lend Money
Did you know that the Federal Reserve is actually paying banks not to make loans?
It is true.
Section 128 of the Emergency Economic Stabilization Act of 2008 allows the Federal
Reserve to pay interest on “excess reserves” that U.S. banks park at the Fed.
So the banks can just send their cash to the Fed and watch the money comes rolling in
It Is Not An Accident That We Saw The Personal Income Tax And The
Federal Reserve System Both Come Into Existence In 1913
On February 3rd, 1913 the 16th Amendment to the U.S. Constitution was ratified. Later
that year, the United States Revenue Act of 1913 imposed a personal income tax on the
American people and we have had one ever since.
Without a personal income tax, it is hard to have a central bank. It takes a lot of money
to finance all of the government debt that a central banking system creates.
It is no accident that the 16th Amendment was ratified in 1913 and the Federal Reserve
system was also created in 1913.
They have a symbiotic relationship and they are designed to work together.
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial
nation is controlled by its system of credit. Our system of credit is concentrated. The
growth of the nation, therefore, and all our activities are in the hands of a few men. We
have come to be one of the worst ruled, one of the most completely controlled and
dominated Governments in the civilized world no longer a Government by free opinion,
no longer a Government by conviction and the vote of the majority, but a Government
by the opinion and duress of a small group of dominant men.”
-Woodrow Wilson, President of the United States after signing the Federal Reserve into
“Give me control of a nation’s money
and I care not who makes the laws.”
Mayer Amschel Rothschild (The Rothschilds are one of the families that controls the
Fed since the beginning)
For this reason (there are a few more) the only way that Puerto Rico can achieve a grade
of self respect and try not to go down with the ship (USA) it’s to stay away from its
economic system (paper money backed by nothing) and start develop a sound money
system (Money based on commodities) Removing the Central Bank power to
manipulate money, removes the temptation for government to spend, print and cheat.
Sound money ensures that our government’s spending priorities would be brought into
sharp focus and reduced to only what we can afford.
There are more than 195 other Nations in the world that Puerto Rico can have a
commercial relationship with, we cant depend on only one nation that its collapse its
eminent do to his economic system, its time to Wake Up!.
Understanding this, will help you make a wiser decision
Secrets of the Federal Reserve by Eustace Mullins