BREAKING: The CEO of @Hertz wrote a letter to Puerto Rico‘s representative in Congress stating that Hertz has rewritten its policy to make it abundantly clear that Puerto Rico is a U.S. territory - not a foreign country - & because of that Puerto Rico driver’s licenses are not international IDs they are just as valid as any ID from any state in this union. This news follows the story I first reported last week, where a Puerto Rican man at the New Orleans international airport was denied a rental car because at least two Hertz workers said his license was international. On top of that, the man who recorded the incident, had the police called on him by a Hertz employee who said he can never rent from Hertz again because he recorded the incident. *She was wrong; he can rent from Hertz again*. The police officer who responded to the call was dismissive and rude and is now the subject of an internal investigation by his police department because the customer, Mr. Humberto Marchand, filed a complaint with the @KennerPolice. Following our report, Representative @Jenniffer wrote a letter to Hertz asking for a companywide educational campaign, and she got it.
Lastly: Puerto Ricans are United States citizens. Please share.
The U.S. Now Has:
1. Record $16.5 trillion in household debt
2. Record $11.9 trillion in mortgages
3. Record $1.6 trillion in auto loans
4. Record $986 billion in credit card debt
Total mortgage debt is now more than double the 2006 peak.
Meanwhile, 36% of Americans have more credit card debt than savings with balances rising at the fastest pace since 1999.
This is all while mortgage rates just hit 7.1% and credit card debt rates hit a record 24.9%.
We are "fighting" inflation with debt.
This can't end well.
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