Congress Wrestles with Puerto Rican Debt | National Catholic Reporter

Congress Wrestles with Puerto Rican Debt | National Catholic Reporter by MSW. MGB: Bernie Sanders would certainly beat Donald Trump, Ted Cruz or Marco Rubio - and the capacity for Hillary Clinton to blow a lead has already been demonstrated, so a Sanders victory is not impossible.  Sadly, Puerto Rico needs help today - but so do under-water borrowers in the U.S. whose mortgages exceed the value of their homes.  Both deserve relief - which makes it hard for P.R. because the bill suddenly becomes very controversial.  The best thing P.R. can do is not pay the debt, which invites a control board to be set up.  Control Boards can be manipulated to solve the basic problems of a political economy.  Marion Barry played the Control Board over Washington like a violin (I know, I was part of the government).  The President will likely put someone on the board who will be sensative to the human concerns.  Whether that person is more than a token voice depends on how they view their job.  Hopefully President Obama can find someone with the courage to push back, but default is the only way to get things moving.