Tag Archives: proposal

Puerto Rico gov unveils budget critics say is unrealistic. Some claim her free stuff giveaways are a scheme to attempt to win the election for governor.

Wow!   What an incredible vote-buying proposal.  Announce you will give many different groups free money and free stuff in order to help your chances of winning the election, even though you don’t have the money to fund all the proposals. … Continue reading

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IEEFA Puerto Rico: Utility PREPA gave unfair advantage to NFE in awarding $1.5-billion power plant contract

  IEEFA Puerto Rico: Utility PREPA gave unfair advantage to NFE in awarding $1.5-billion power plant contract Press Release, Tom Sanzillo and Ingrid Vila Biaggi June 10, 2020 Read More → IEEFA Puerto Rico: Utility PREPA gave unfair advantage to … Continue reading

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Oversight board gives Puerto Rico gov until Feb. 12 to make changes to fiscal plans

Many good ideas in the recommendations. http://caribbeanbusiness.com/oversight-board-gives-puerto-rico-gov-until-feb-12-to-make-changes-to-fiscal-plans Oversight board gives Puerto Rico gov until Feb. 12 to make changes to fiscal plans By Eva Lloréns Vélez on February 5, 2018 SAN JUAN – Puerto Rico Financial Oversight and Management Board … Continue reading

Posted in culture and cycle of dependency, economic crisis, Hurricane Maria and aftermath, Puerto Rico economic crisis, Puerto Rico necessary improvements | Tagged , , , , , , , , , , | Leave a comment

Puerto Rico Senate Rejects Federal Plan that Excludes Debt Restructuring

Bhahia says that if a Federal Oversight Board over Puerto Rico is adopted, that Puerto Rico will lose economic security.  It seems that Puerto Rico has ALREADY lost economic security with over $72 billion in debt and the situation worsening.  … Continue reading

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