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At least Puerto Rico has a plan, why not us?

A recent conversation on our coming 2018 election raised the question of whether the candidates (incumbents and challengers) truly understand the breadth of the problem facing the Virgin Islands and are thinking beyond winning to the issues of governance. Tangentially related, a recent published critique of Puerto Rico’s new fiscal plan of recovery, conflated my…

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There is No Free Lunch

The decision to accept disaster recovery funding from FEMA in the form of senior lien pari passu debt is the tip of the iceberg of problems to come. Over the past weeks and months we willingly deluded ourselves that the federal government will see the Territory through to full recovery, regardless of our ability to…

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