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Author: Drew Liquerman

These are the members of Puerto Rico’s new Oversight Board

Late August, President Barack Obama announced the appointment of seven members who will serve on the Financial Oversight and Management Board for Puerto Rico. The Bi-partisan board, which gains legitimacy under the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) will be composed of Andrews Briggs, Jose Carrion 3rd, Carlos Garcia, Arthur Gonzalez, Jose Gonzalez, Ana Matosanto and David Skeel Jr. The goal of this board is to oversee and work with Puerto Rican Governor Alejandro Garcia Padilla on the restructuring of Puerto Rico’s $70 billion plus debt. The Board has already had its first meeting, and expects...

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DC moves on with proposal to implement Tennessee Plan

On May 6 2016, the New Columbia Statehood Commission released a draft constitution for the District of Columbia. The releasing of the Constitution follows in the leadership of mayor Muriel Bowser, a strong proponent of statehood for DC. Since taking office. Bowser has fought hard for the US territory to become the 51st state as she plans for DC to take the necessary steps to become the next state in the upcoming years. Today the New Columbia Statehood Comm. will vote to approve draft constitution for the State of the New Columbia. — Mayor Muriel Bowser (@MayorBowser) May...

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Online predictors say SCOTUS will affirm on Puerto Rico v. Franklin CA Tax-Free Trust

In response to the current financial crisis and Puerto Rico’s inability to restructure debts of municipalities and utilities to seek debt relief with Chapter 9 bankruptcy, Puerto Rico put into place the “Puerto Rico Public Corporation Debt Enforcement and Recovery Act” also referred to as the Recovery act in 2014. Current investors hold around $2 billion worth of bonds in Puerto Rican companies who are eligible to file for bankruptcy under the Recovery Act. In response to the Recovery Act, these investors have sued Puerto Rico in a federal district court citing they are not eligible for Chapter 9...

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Puerto Ricans in Florida are probably going to vote for the Democrat in November, and that is a big problem for Republicans

In the 2016 Florida primary, voters of Puerto Rican heritage turned out to the polls in greater numbers than ever before, playing their most significant role ever in the electoral process. The state of Florida presently has over one million Puerto Rican residents, and immigration from the territory to Florida is only continuing to increase as the economic crisis of the territory deepens. Puerto Ricans have historically been one of the most independent voter blocks, switching back and forth between Democrat to Republican each election. In 2016, it appears the overwhelming majority of Puerto Ricans will be voting for...

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Will the Hispanic vote be the deciding factor in Florida?

With its 29 delegates up for grabs, Florida has more delegates than any other swing state. Florida and its 29 delegates, is tied for the third largest state with New York and carries 11 more delegates than Ohio, often regarded as the most important swing state. 2016 is set to be a landmark year in Florida as the percentage of Hispanic voters in the state makes up just under 25% of the total voting population (1.8 million registered). This represents a 7% growth as a percentage of the population over the last 16 years. Winning over this large population...

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