Report: Biden, Gillibrand Benefit From Puerto Rico’s Economic Instability - FbiCables Network | The News that Shapes World Opinion

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Thursday, August 29, 2019

Report: Biden, Gillibrand Benefit From Puerto Rico’s Economic Instability

2020 Democrat presidential hopefuls appear to be benefiting from Puerto Rico’s financial instability. An analysis of Federal Election Commission records made by the Daily Caller revealed Democrat candidates received over $230,000 from donors working at firms responsible for the island’s crippling debt.
The records revealed an open letter to Democrat candidates, urging them to return their donations to those who had a hand in allegedly exploiting the island. The letter also pointed out the hypocrisy of the Democrat candidates who promise to stand with Puerto Rico, but who’s fundraising activities “don’t show real solidarity with the Puerto Rican people.”
According to the letter, former Vice President Joe Biden accepted over $25,000 from corporate interests, while Senator Kirsten Gillibrand took over $11,000. This comes after both Biden and Gillibrand criticized President Trump for holding aid packages for Puerto Rico.
Democratic presidential candidate Sen. Kirsten Gillibrand, D-N.Y., listens during a mental health roundtable discussion, Tuesday, Aug. 20, 2019, in Manchester, N.H. (AP Photo/Elise Amendola)
In a 2018 speech, Biden made sarcastic quips at the president while callously joking about Hurricane Maria’s death toll, which devastated the U.S. territory in 2017.
“By the way there are no problems in America, everybody’s doing well,” he mocked. “Things are fair and decent, and no one died in Puerto Rico, I mean.”
Last year, Gillibrand reportedly played a role in pushing for an investigation into the president’s response to the disaster.
“After Hurricane Maria and Irma, we had a chance to rebuild Puerto Rico and make the islands more resistant than ever before, but the Trump administration failed to get that job done,” she claimed, “Congress should do it’s job and create a bipartisan commission to get to the bottom of what actually happened, so it never happens again.”
President Trump has defended his reluctance and cited his concern about handing billions of dollars to then-Governor Ricardo Rossello.
“The Congress of the United States handed them $92 billion, and that $92 billion is in the hands of incompetent people and very corrupt people,” said the president. “But the governor has done a terrible job.”
The president eventually signed a bill in June, which gave the island $19.1 billion in disaster relief.
The FEC records also indicate other Democrat candidates, including Senator Kamala Harris, Representative Beto O’Rourke and mayor Pete Buttigieg have accepted contributions made by individuals connected to these hedge funds.
This comes in the wake of Hurricane Doriane, which is expected to make landfall in the island territory.

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