Puerto Rico Terminates Contract With Whitefish Energy Holdings | Soshal Network, Social Circle Connection

Puerto Rico Terminates Contract With Whitefish Energy Holdings

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Puerto Rico has made a decision not to seek a $300 million agreement with a Montana based energy company that just had 2 employees before they signed the offer. Cenk Uygur and Ana Kasparian, hosts of The Young Turks, review. Register for our channel:

" The head of Puerto Rico's power firm said Sunday the agency will certainly terminate its $300-million contract with Whitefish Power Holdings amidst enhanced examination of the little Montana firm's function in recovering the island's power system following Storm Maria.

The statement by Ricardo Ramos came hours after Gov. Ricardo Rossello advised the firm to scrap the offer.

Ramos stated that Whitefish will certainly proceed with existing work, but the agreement would then be ditched– leading to delay of 10 to 12 weeks in completing the job.

It's a huge disturbance," he said on why he terminated the contract. "This was adversely affecting the job we're currently doing."

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38 comments

  1. Posted by OutlawRebel117, at Reply

    Well done, Puerto Rico!

    • Posted by Alexander Jones, at Reply

      Well done! They just delayed power being restored to the island clap clap!
      The corrupt Puerto Rican government strikes again.

    • Posted by Joe Smith, at Reply

      +Alexander Jones what makes you think there aren’t electricians on Puerto Rico dumbass

    • Posted by Joe Smith, at Reply

      +Alexander Jones what makes you think there aren’t electricians in Puerto Rico dumbass

  2. Posted by Hal Jordan, at Reply

    The contract included a section where White Fish could slack off, and take their sweet time in completing tasks, and the Puerto Ricans wouldn’t be able to do a thing about it. These White FIsh cretins are extremely corrupt.

    • Posted by Done Lostme, at Reply

      Which is probably why Peurto Rico hired them, there are numerous pre-hurricane stories about the Corruption in Peurto Rico and their utilities were absolutely legendary in it!

    • Posted by Sandra Snow-Balvert, at Reply

      There was also a clause in the contract that no one could ever audit WF’s books. Meaning they could cut all the corners they wanted and pocket pretty much every penny and no one would be allowed to investigate it.

  3. Posted by C C, at Reply

    Now get TESLA in there to do the job right and environmentally friendly.

    • Posted by Done Lostme, at Reply

      BigBotz One – And there were numerous articles in respected Financial Publications saying if his word meant anything he could end the majority of the subsidies his companies receive without Government say so. Subsidies does not always mean the feds, did you actually read the linked LA Times article about this day and ages PT Barnum? It seems like you are the one spouting propaganda, as an active investor I have read and know a little about Tesla, the stock performs well……….the business model sucks! But please enlighten me on his business, I am sure you are much better at it than Forbes or the Wall Street Journal!

    • Posted by BigBotz One, at Reply

      Done Lostme He needs the subsidies to end for all electric cars, not just Tesla. He cannot just end other companies receipt of these subsidies. The point being that Tesla isn’t just some company that would fold without government assistance like you stated. Subsidies are a disaster in this country, we have some of the world’s most profitable companies collecting subsidies and other tax breaks and we should do away with most of them but for the most part Tesla isn’t one of the companies that lives off of government subsidies. By the way I am also an investor but I only deal in shorts and I’ve made a nice amount shorting Tesla over the years based on Forbes, The Wall Street Journal and others attacks on them.

    • Posted by C C, at Reply

      Done Lostme I’d reply but others have done it far more eloquently here than I could.

    • Posted by Done Lostme, at Reply

      C C – Okay, but nobody has explained how Tesla would survive without turning a profit or Government subsidies! I think we have a different idea about what eloquent means!

  4. Posted by senta ukrai, at Reply

    That didnt last long…like most things Trump touches.

  5. Posted by Hungarian Paragon, at Reply

    Puerto Rico is draining Trump’s swamp.

  6. Posted by XwX, at Reply

    The biggest criminals in the country wear suits and ties not on the corner smoking weed them are petty crimes 🤔🤔🤔…

  7. Posted by Daniel Yahzeer, at Reply

    NOW PR INSTALL RENEWABLE ENERGY AND SEPERATE FROM AMERICA

  8. Posted by Croz Raven, at Reply

    LOL, this is basically a big big F to Trump and his corrupt ways. Already corrupt and still failed bigly! such a Trump 101.

  9. Posted by P1ranh4, at Reply

    That’s awesome. Millions of dollars for no work at all. I want to have friends in the Trump cabinet as well

    • Posted by Renarldo Stokes, at Reply

      P1ranh4 No they are doing the work but they don’t belong doing it. It’s like you for instance maybe you help fix your moms computer every once in a while and because you donated money to your local mayor, he gives you a $300 million dollar contract to fix all the computers in the school district. It just doesn’t have any logic to it.

    • Posted by waterandafter, at Reply

      No. For the next 30 days they will get paid and do no work. And for the next 30 days puerto rico won’t have power.

    • Posted by P1ranh4, at Reply

      It’s not about the 300 million anymore. The contract is cancelled. There’s still costs involved with this and what did Puerto Rico get in return?
      This is awesome for Whitefish. They get some cash for 30 days without any obligations whatsoever. It’s disgusting what kind of shitty contracts the government is signing with private enterprise.

  10. Posted by Zappa Woman, at Reply

    I hope that Puerto Rico gets their power restored by a reputable, competent company really soon. Well done to that plucky island for having the guts to stand up to Trump!

  11. Posted by The Diesel, at Reply

    Way to go Puerto Rico! Yall are not pawns on a chess board.

    • Posted by bill spiva, at Reply

      Yes they are.  The contractor would have hired employees to do the work.  Now, you liberal idiots have wasted taxpayer money and are forcing the people of Puerto Rico to find a new contractor.

    • Posted by Clint Holmes, at Reply

      bill spiva please do not reproduce.

    • Posted by ROBERT KELLY, at Reply

      Clint Holmes
      If it looks like an idiot, thinks like an idiot and comments like an idiot, it must be….bill spiva.

    • Posted by Dan Szekeres, at Reply

      bill spiva We’re forcing them to find a new contractor? Puerto Rico has demanded a new contractor!

  12. Posted by jaydeeh77, at Reply

    Then we wonder why there’s so much income inequality among races, especially for black folks… black folks don’t have access to power to steal this much money and be this damn corrupt!

    • Posted by bill spiva, at Reply

      You’re an idiot.  The contractor would have hired employees to do the work.  Liberal idiots.

  13. Posted by bryan gomez, at Reply

    This is a perfect example of the media doing its job and shining a light on corruption. Awesome work.

  14. Posted by Dave Mills, at Reply

    Vice News reported last night that the FBI is now investigating this contract. Chump’s pardoning pen is going to run out of ink before this is over

  15. Posted by waterandafter, at Reply

    Puerto rico needs to go green.

  16. Posted by Lea Jones, at Reply

    I guess bullying through Twitter doesn’t work for everyone.

  17. Posted by Kevin Blah, at Reply

    Seriously wtf has this nation become?

    • Posted by J H, at Reply

      Kevin Blah a giant business

  18. Posted by Steve McCormack, at Reply

    Well done to TYT and others for highlighting this issue. Meanwhile, Tesla take time and money (not like they are not otherwise engaged these days) to contribute to the electric grid recovery in Puerto Rico FOR FREE. Proving yet again that actions speak infinitely louder than words.

  19. Posted by Mariza B., at Reply

    Yes, excellent reporting like this shed light on that contract leading it to get cancelled. THANK YOU YOUNG TURKS!

  20. Posted by Mr E, at Reply

    Keep the investigations going.