Puerto Rico Debt Crisis: Commonwealth Should Work With Stakeholders to Reach Consensual Solution
At today’s hearing, Richard Carrion testified that as a professional banker, he was “extremely reluctant” to testify in favor of debt restructuring. Yet Carrion has given no weight to promising proposals put forth by the private sector, preferring instead to trumpet the agenda of his friend Governor Garcia Padilla. As demonstrated by today’s bond payment, the Puerto Rican government has the means to meet its obligations, and should work with stakeholders to reach a consensual solution.…[more]
George Will remains the dean of contemporary conservative thought, an intellectual beacon who elevates public discourse in applying changeless principles to changing times.
On a more personal note, Mr. Will may be the foremost political influence on my own life. It was therefore profoundly disappointing to digest his column this week entitled "The 110-Year-Old Case that Still Inspires Supreme Court Debates."
The case to which Will refers in his title, attempting to defend the indefensible, is the rightfully discredited 1905 Supreme Court decision in Lochner v. New…
"Congress recently forbade President Obama from bringing Guantanamo inmates to the United States, or even preparing a place in the U.S. to which the terrorist prisoners might someday be transferred. The specific action Congress took was to renew earlier bans on the president spending any appropriated funds for those purposes. Republicans and Democrats spoke in a strong and unified voice; 370 members…[more]