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The problem with Puerto Rico
Even before being wrecked by hurricane damage, Puerto Rico was a mess.
Things were so out of control Congress and President Barack Obama took the extraordinary step of appointing an oversight board to take charge, hoping it would act decisively and prevent the Puerto Rican government from going broke.
They’ve failed.
What else is one to conclude now that a secret stash of money totaling almost $7 billion has been found, hidden away in private bank accounts by various public agencies — and just a week after Republican Gov. Ricardo Rossello asked American taxpayers to pay for the estimated $94 billion it…