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Pay to the Order of Puerto Rico: The Cost of Dependence [Hardcover]

Our Price $ 21.24  
Retail Value $ 24.99  
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Item Number 110171  
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Item Specifications...

Pages   471
Est. Packaging Dimensions:   Length: 1.75" Width: 6.5" Height: 10.5"
Weight:   1.86 lbs.
Binding  Hardcover
Release Date   Jun 30, 2004
Publisher   Allegiance Press
ISBN  159467289X  
EAN  9781594672897  

Availability  0 units.

Item Description...
Current policy toward Puerto Rico is costing each American taxpayer $400 a year-a total of $22 billion. This book gives the scandalous history behind one of America's biggest and most expensive tax shelters, the "commonwealth" of Puerto Rico. The authors share the shocking truth about how the American taxpayer is footing a bill for antiquated policy toward this island. Puerto Rican businessman Alexander Odishelidze shares a revealing story of how bad policy is wasting taxpayer dollars and destabilizing the people and region of Puerto Rico, while renowned conservative economist Arthur Laffer bolsters the claims with his undeniable facts and figures. Together they build a convincing case that Puerto Rico must dispense with the chimera of commonwealth and become an independent nation or the 51st state of the United States of America.

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Reviews - What do our customers think?
Book  May 7, 2007
Although it is a used book, received like new. Good price, fast shipment, It was a good deal.
Excellent expose of Puerto Rico!  Mar 21, 2007
I am from Puerto Rico and had the opportunity to meet Mr.Odishelidze way before the publication of the book. We did not talked about the book but he impreesed me. With the book I learned a lot that I did not know about the Island.
Amazing Facts!  Feb 5, 2006
This book provides a point of view from an outsider who has more interest in solving our case than our own people do. This book is a must read for all puertoricans and for the US taxpayer. It is not perfect, but it's an eye opener. Myself being a former statehood supporter that now favors independence, recommend this book to anyone interested in how the last colony in the world is still surviving.
Follow the facts  Sep 24, 2005
Taxpayer subsidies to Puerto Rico are costing every American taxpayer $400 per person, per year. The United States is not subsidizing the government of Puerto Rico or its population, but rather it is providing tax breaks for many of the USA's leading corporations-including drug companies-that have established operations in the Territory. Despite the subsidies, the percentage of the Puerto Rican population below the poverty level is a shade under 50%, a figure in sharp contrast to the poorest of mainland USA, and Puerto Ricans remain subjects, not full participants in the American democratic process.
Alexander Odishelidze's and Arthur Laffer's book, Pay to the Order of Puerto Rico, is a cry for freedom for the Territory of Puerto Rico and its people. The authors, well-known in their fields, offer a viewpoint that does not require a degree in economics to understand it.
Whether one agrees with Laffer's conservative politics or Odeshelidze's prescription does not challenge the facts of the situation. The book is clearly written, wastes no time on trivia and its length belies the quick read that it is.
Pay to the Order of Puerto Rico is valuable for putting the facts in front of the American public. While the USA is messing around in the Middle East, the theme of this book is a plea to right the wrongs far closer to home.
Review written by
Florence Hackman, CFA
Frank Cullen
More foreign amateurs meddling with the enchanted island  Sep 11, 2005
Dear prospective reader, do not waste your time and money with this book. Notwithstanding the disrespect to Puerto Ricans and the lack of professionalism this book exerts, its main arguments stumble on their own feet.

The principal author is an individual bought entirely into the idea that the exact opposite of the socialism that he lived under the Soviets should be the solution to all the world's problems is trying to scare North Americans by telling them that they are losing money with Puerto Rico not paying federal taxes. The money he is talking about is the money that would have arrived to the federal coffers, which is the same money that Reganonmics are saying the government does not need. Pay attention to one of the many contradictions: if Laffer has made a career arguing that the federal government does not need that much taxes (he has argued for the relieving of the tax burden for the rich), why would this book complain that Puerto Rico is not paying federal taxes? Would not this be the ideal state? Yet, sarcasm aside, the book dwells excessively on the fact that PR is not contributing to the federal coffers without explaining the reasons why this is so. The fact that the Odishelidze neither knows the history nor he understands the economic, politics and social conditions of the Estado Libre Asociado (the title in Spanish captures the reality better than the English name), and Laffer chooses to ignore it, preordained the complete failure of this book's logic.

This book, in brief, is a product of the right wing machinery that has assaulted the world so effectively (with numerous Think-Tanks, Blogs, and preposterous publishing houses funded with the inexhaustible source of Republican money) with blatant distortions of the truth. Yes, the pharmaceuticals are making tons of money on the island-money that otherwise would have ended up as taxes for the federal government. Yet, the main argument of the book (that it is better for the US to incorporate the island, and that Puerto Ricans would get out of their slumber only with a rude statehood awakening) neglects to consider that the main purpose of the federal government with its current neoliberal ideology is simply to protect the profit of big business and not to debilitate them. So, with the usual stupidity of books written by people who do not know what (carajo) they are writing about, this book is just a soft (plasta) statement in the middle of the way. Please, ignore it unless you want to be part of the large mass of people blindly marching at the rhythm of this current imperial regime.

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