PROMESA is all but that the name implies (which is Promise) and has crippled any slight chance of…

Congress had a chance to break the grip that Wall Street has over Puerto Rico’s future. It could have given Puerto Rico the right to declare bankruptcy just like any American city. Instead, in the PROMESA legislation, Congress imposed an oversight board on the island. That board of seven political appointees has the power to oversee Puerto Rico’s budget and force it…
My plan to provide comprehensive debt relief to Puerto Rico
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Esteban Pérez-Hemminger
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May 2, 2019
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PROMESA is all but that the name implies (which is Promise) and has crippled any slight chance of the island resurging back to life from the limitations that financial scavengers and political status have over the island.
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Written by Esteban Pérez-Hemminger368 Followers
·317 Following
Puerto Rican, avid collaborator, pun aficionado, and designer. Currently: Staff Designer + UX Manager @ Google
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