WASHINGTON, Sept. 29, 2015 /PRNewswire-HISPANIC PR WIRE/ — Main Street Bondholders Coalition, a project of the 60 Plus Association, America’s largest center-right seniors organization representing more than 7.2 million older Americans, today launches a new print advertising campaign in Washington and Puerto Rico. The ad, which coincides with the U.S. Senate Finance Committee hearing looking into Puerto Rico, asks Governor Alejandro Garcia Padilla to stop the attacks against Puerto Rican bondholders.
“Governor Alejandro Garcia Padilla has reached a new low is his campaign to stiff retirees and pensioners; he’s attacking his fellow Puerto Ricans, and blaming them for his failed policies. What’s worse, he’s even called them ‘vultures.’ They’re not vultures, they’re American citizens who placed their trust and life savings in Puerto Rico,” said Matthew Kandrach, Vice-President for 60 Plus.
The newspaper ad features Dr. Elias Gutierrez, a renowned Puerto Rican economist, and George Mark, a retired architect – both Puerto Rican bondholders – who have seen their retirement savings shattered by the Governor’s actions.
Main Street Bondholders Coalition is a project of the 60 Plus Association, and is comprised of small bondholders from across America who are committed to a policy process that returns Puerto Rico to sound financial management, respect for the rule of law, and the protection of their retirement savings.
Contact: Gerry Scimeca