puerto rico get huge bailout us government back american taxpayers believe total bs bailout everyone obama administration keep say bailout nancy pelosi one many recall promise would back taxpayers .she lie anyone surprise jack lew sylvia burwell go full force give 54,000 earn income tax credit basically handout unreal free market everyone would take serious hit bondholders mostly municipal bond fund unite state would force write puerto rico bond pensioners would expectations cut drastically government spend would severely cut back.but neither puerto rico board likely thing simply various political financial interest involve example investment fund insider john paulson paulson company david tepper appaloosa management marathon asset management blue mountain capital monarch alternative capital swoop take substantial position puerto rico debt days rat agencies drop rat junk hold hundreds millions bond sell massive discount face value little interest negotiate anything.what likely bring pressure board members go investors last resort american taxpayer island pensioners already poor force pay ever high tax government try right government reorganization eliminate overpay bureaucrats set badly need system meritocracy weed incompetents simply go happen pressure pass buck american taxpayer already begin obama officials jack lew secretary treasury sylvia burwell secretary health human service send letter oversight board last week suggestions reform include remove cap puerto rico medicaid program gradually increase federal support puerto rico receive federal medicaid match letter also include adopt earn income tax credit essentially welfare check poor order pull 54,000 puerto ricans poverty much easy pass buck place still capacity bail island u.s. taxpayer follow bailout vulture fund see bond return face value sell reap enormous profit misery inflict residents unite state island territory.read new american obama bailout puerto rico taxpayers take big hit reward go political financial players