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"Puerto Rico’s $70 billion debt is unsustainable and it is unpayable. And the reason why it is unsustainable has everything to do with the greed of Wall Street vulture funds."
Medicare "only has about 50 percent of it paid for by either premiums or payroll taxes, and the rest is deficit spending ... or debt spending."
"We've seen local union after local union rush to their school boards, their city councils, their technical school boards and rush through contracts in the past two weeks that had no contributions to the pension and no contribution to health care."
"From 1980 to 1990, the top 1 percent saw their income go up by roughly 80 percent" while "the median wage in the country over (the same) 10 years went up 3 percent."