Tuesday, July 28, 2015

Hedge Fund Vulture Get out of Puerto Rico


My name is Maria Maisonette. I was born in Manatí, Puerto Rico. When I was 9 years old my family moved to New York in search of a better life. Now, I live in East New York, Brooklyn.

When I heard that billionaire hedge fund managers have bought up large chunks of Puerto Rican debt at discounts, pushed the island to borrow more and are now pushing for devastating austerity measures, I was furious.

These Hedge Fund "vultures" are knowingly pushing Puerto Rico off a cliff into economic despair.  But we can stop them.  Click here to tell greedy hedge funds to stop pushing austerity measures in Puerto Rico.

While people face despairing levels of poverty, Hedge Funds are swooping in to exploit this crisis for a profit. Instead of letting Puerto Rico restructure its debt, hedge funds called Puerto Rico to lay-off teachers and close schools. [1]

Today, NYCC members stood alongside our City Council Speaker Melissa Mark-Viverito and dozens of concerned citizens to call on our Federal Government to save the people of Puerto Rico, not hedge fund managers. [2]

Click here to stand against austerity measures Hedge Funds are pushing in Puerto Rico.

Austerity measures and budget cuts hurt real people. People like my cousin who had to wait 14 hours to see a doctor because of cuts to Medicaid. Puerto Ricans are already facing depression-levels of unemployment, mass emigration and sky-rocketing food and electricity prices.

We cannot let opportunistic speculative investors like hedge funds push the island into an economic catastrophe. After decades of suffering through economic hardship, the last thing Puerto Ricans need is more austerity. You can keep up the pressure by letting them know that New Yorkers are watching their every move. 

Puerto Rico needs you more than ever. Sign the petition to tell New York's billionaire hedge funders:  No austerity for Puerto Rico!

In solidarity,

Maria Maisonette,
Member of New York Communities for Change
East NY Chapter

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