7:08 AM 3/31/2018 – The art of brinkmanship: The Gobernador vs. The Board – By Michael Novakhov

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Image result for brinkmanship

Image result for brinkmanship

The art of brinkmanship:

The Gobernador vs. The Board 

What are the public and social policies, who can and who cannot dictate them, should they be dictated at all and in principle, and what is the best way to formulate and to implement the good, sound, healthy social policies; as the essential part of the “good governance“, which is the leading concept in political science? 

This past week Gov. Rosello’ accused the PR Financial Oversight Board of meddling into “public policies” and the intentions to dictate them. This evokes the whole array of questions mentioned above. They deserve the competent public discussions. The political and the financial necessities can be combined if the big picture is viewed and taken into account. 

“The beggers cannot be choosers”, someone might comment smugly. The bondholders’ demands should be met, to maintain the financial credibility. But, it seems to me, this has to be done with the minimum sacrifices for pension plans and workers. The issue of the “adequate funding for public pension systems” was mentioned specifically in this most recent Congressional Letter to The Board

These projected hypothetical savings at the expense of the workers might make the relatively insignificant contribution to the overall economic picture, and these “corrective measures” might only add to the further demoralization of the workforce. More expert information, estimates, and opinions are needed on this subject. 

However, it is not bad that this conflict came into the open, and was not swept under the rug. Maybe, something good indeed will come out of this public discussion. 

The political brinkmanship is an art and quite often it is used as a tool, and more so in this age of the political chutzpah unbound, the age of Trumpismo-Putinismo (cum Cretinismo, quite sometimes). The creation of good and efficient social policies is the higher art, it should be free from these passing complications, and it should also be more of a fundamental and longer term enterprise. 

Image result for squeaky wheel gets more grease

The squeaky wheel gets more grease sometimes but the excess grease, and of various sorts, would never turn it into a horse, much less into the some fantasized engine of the economic development and progress. And someone or something, including the broad and deep reforms, is needed to drive this disabled carriage called “Puerto Rico”, not just to circle around it, rattle the rhetorical sabers, and to demand more, and more, and more, ad infinitum. If the squeaky wheels could fly, beggars would the supersonic jets, at least in the crypto-currencies field. No such luck. It is easy and the tried trick, to squeak. It is much harder to create, including the creation of the good policies, and the good economic policies, tailored to the times, the circumstances, and the situation.  

Puerto Rico on the Cross 

______________________________________

And all these incessant complaints and excuses about “Maria” start to look like a habitual, tried-and-true, artistic make-up sometimes, just like this picture imitating Jesus Christ on the Cross with the impressive red silk ribbons tied around his wrists, imitating blood. And these complaints and excuses are so and always convenient. 

Goodbye “Maria“, hello normalcy! It is about time. 

Michael Novakhov

3.31.18 

_________________________

Links 

7:08 AM 3/31/2018 – The art of brinkmanship: Gobernador vs. The Board | The Puerto Rico News & Times

7:08 AM 3/31/2018 – The art of brinkmanship: Gobernador vs. The Board | The Puerto Rico News & Times

7:08 AM 3/31/2018 – The art of brinkmanship: Gobernador vs. The Board | The Puerto Rico News & Times

_______________________________

Image result for puerto rico

Quote: 

‘They intend to dictate public policy’: Puerto Rico’s governor spars with federal oversight board

  • Puerto Rico Governor Ricardo Rossello gave an impassioned televised address to publicly deny many of the requirements from an oversight board federally appointed to oversee the island’s new fiscal plan.
  • “They intend to dictate public policy, reducing health benefits while striking public employees and the economy of the Island,” he said.
  • Earlier on Wednesday, the oversight board sent several letters to Rossello, saying that changes to the proposed fiscal plan are required.

‘They intend to dictate public policy’: Puerto Rico’s governor spars … 

_____________________________________

PR – 3.31.18 – The art of brinkmanship

art of brinkmanship – Google Search
public and social policies – Google Search
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Gov. Rosello’ – Google Search
PR Financial Oversight Board – Google Search
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3.30.18

Mueller wanted Rick Gates’ cooperation on Russia collusion, not Manafort – Business Insider

PR – 3.30.18

Outraged Puerto Rico Gov. Clashes with Oversight Board, Yanks His Plan | Chief Investment Officer
Comisionada residente cuestiona propuestas de la junta | Gobierno | elvocero.com
Puerto Rico Travel: Your Puerto Rican Guide for Things to Do, Hotels, Dining, Shopping, Events & more. | By Puerto Rico Channel
Puerto-Rico.com –
PRLinks.com
PR.com: Directory of Businesses Jobs Press Releases Products Services Articles – Find Companies
10:32 AM 3/30/2018 – Outraged Puerto Rico Gov. Clashes with Oversight Board, Yanks His Plan | The Puerto Rico News & Times
March 30, 2018 | The Puerto Rico News & Times
Google Translate

PR – 3.29.18

Puerto Rico, FOMB face off over fiscal plan | Seeking Alpha
Tele Noticias-P.R-Edicion Miercoles-5 pm.{3-28-2018.}-{Completo}-(:Tv News Boricua 2018:) – YouTube
The San Juan Daily Star – 3.28.18 – local.pdf
The San Juan Daily Star – Google Search
Tele Noticias-P.R-Edicion Jueves-5 pm.{3-29-2018.}-{Completo}-(:Tv News Boricua 2018:) – YouTube
local.pdf

PR – 3.28.18

Tele Noticias-P.R-Edicion Martes-5 pm.{3-28-2018.}-{Completo}-(:Tv News Boricua 2018:) – YouTube
appeal court catholic church teachers puerto rico – Google Search
appeals court catholic church teachers puerto rico – Google Search
SJDS – 3.28.18 – local.pdf

3.29.18

FISA abuses – Google Search
Department of Justice inspector general investigating alleged FISA abuses – CBS News
Russian ex-spy, daughter may have come into contact with nerve agent at their front door, investigators say – The Washington Post
Theresa May: we need long-term strategy to deal with Russia – Google Search
News – Theresa May: we need long-term strategy to deal with Russia – Google Search
long-term strategy to deal with Russia – Google Search
Cyberattacks Put Russian Fingers on the Switch at Power Plants, U.S. Says – The New York Times
Russia’s been waging war on the West for years. We just haven’t noticed. – The Washington Post

______________________________

Mike Nova’s Shared NewsLinks 

Mike Nova’s Shared NewsLinks
Gov. Rossello – Google Search
WIPR | Animaleando – Nueva temporada
“Reality Check http://bit.ly/2GGdM8o pic.twitter.com/lhvZBTfChN
11:59 AM 3/30/2018 Latigazo en viacrucis: Congreso ordena a Junta a tomar control (documento) | (vía El Calce) El Comité de Recursos Naturales | Im from Texas and this ticks me off. Puerto Rico still needs help with a lot of their electrical issues I doubt Puerto Rico becoming a state will solve the “white identity” prism in which Trump views America. Case in point: Charlottesville Agregó que Puerto Rico se encuentra ante la imposición de una junta que a nadie le agrada” | The Puerto Rico News & Times
Comisionada residente cuestiona propuestas de la junta | Gobierno
Latigazo en viacrucis: Congreso ordena a Junta a tomar control (documento)
Outraged Puerto Rico Gov. Clashes with Oversight Board, Yanks His Plan
puerto rico governor – Google News: Outraged Puerto Rico Gov. Clashes with Oversight Board, Yanks His Plan – Chief Investment Officer
counterespionage – Google News: Spies Spying on Spies: Germany Sets Up New Counterespionage Unit – theTrumpet.com
Mueller signals he is going after bigger fish as he drills down on the central thread of the Russia investigation – Business Insider
Mueller wanted Rick Gates’ cooperation on Russia collusion, not Manafort
A Bittersweet Journey Back to Puerto Rico After Maria
A Bittersweet Journey Back to Puerto Rico After Maria – New York Times
Rosselló Nevares no ejecutará el plan propuesto por la Junta Fiscal http://bit.ly/2uAD3fo pic.twitter.com/etAMULZ8wP
Tele Noticias-P.R-Edicion Jueves-5 pm.{3-29-2018.}-{Completo}-(:Tv News Boricua 2018:) – YouTube
Sergei Skripal – Google Search
Las playas del norte están peligrosas http://bit.ly/2GicDVd pic.twitter.com/bwU5JQOfXU
Crucifixión de Cristo: 4 misterios que la ciencia no ha podido resolver http://bit.ly/2GEk7B3 pic.twitter.com/k0BSBQz8Cs
Puerto Rico governor withdraws labor reform proposal – Reuters – Reuters
Tele Noticias-P.R-Edicion Miercoles-5 pm.{3-28-2018.}-{Completo}-(:Tv News Boricua 2018:)
Puerto Rico, FOMB face off over fiscal plan
Cyberattacks Put Russian Fingers on the Switch at Power Plants, U.S. Says
long-term strategy to deal with Russia – Google Search
Theresa May: we need long-term strategy to deal with Russia – Google Search
Russian ex-spy, daughter may have come into contact with nerve agent at their front door, investigators say – The Washington Post

 

Mike Nova’s Shared NewsLinks
Gov. Rossello – Google Search
 

mikenova shared this story .

Story image for Gov. Rossello from CNBC

‘They intend to dictate public policy’: Puerto Rico’s governor spars …

CNBCMar 28, 2018
Puerto Rico Governor Ricardo Rossello gave an impassioned televised address to publicly deny many of the requirements from an oversight board federally appointed to oversee the island’s new fiscal plan. “They intend to dictate public policy, reducing health benefits while striking public employees and …
Puerto Rico governor withdraws labor reform proposal
InternationalNasdaqMar 28, 2018

Story image for Gov. Rossello from ABC News

Board orders pension cuts, studies Puerto Rico wage increase

ABC NewsMar 28, 2018
A federal control board overseeing the finances of Puerto Rico’s government demanded cuts to the island’s shaky public pension system Wednesday and said it will consider raising the minimum wage only if certain conditions are met. The demands were outlined in various letters to Gov. Ricardo Rossello …

Story image for Gov. Rossello from Fox News

Puerto Rico governor blasts Congress over ‘slow’ pace of relief efforts

Fox NewsMar 22, 2018
“We are being treated as second-class citizens,” Gov. Ricardo Rossello told Fox News. “Why is it the same process in Florida or in Texas takes a week – and in Puerto Rico it takes four months?” He said hurricane relief efforts in Texas after Hurricane Harvey and Florida after Hurricane Irma were vast and …

WIPR | Animaleando – Nueva temporada

 

mikenova shared this story from WIPR’s YouTube Videos.

From: WIPR
Duration: 00:31

WIPR | Somos las emisoras del pueblo de Puerto Rico. Disfruta todos los días de nuestra programación, música y videos a la carta en: http://www.wipr.pr/

Suscríbete a WIPR TV en YouTube:
https://www.youtube.com/channel/UCRcTzinbgC7Tlj-pLIR21Yg?sub_confirmation=1

“Reality Check http://bit.ly/2GGdM8o pic.twitter.com/lhvZBTfChN

 

mikenova shared this story from Twitter Search / ElNuevoDia.

“Reality Check” http://bit.ly/2GGdM8o  

11:59 AM 3/30/2018 Latigazo en viacrucis: Congreso ordena a Junta a tomar control (documento) | (vía El Calce) El Comité de Recursos Naturales | Im from Texas and this ticks me off. Puerto Rico still needs help with a lot of their electrical issues I doubt Puerto Rico becoming a state will solve the “white identity” prism in which Trump views America. Case in point: Charlottesville Agregó que Puerto Rico se encuentra ante la imposición de una junta que a nadie le agrada” | The Puerto Rico News & Times

 

mikenova shared this story from The Puerto Rico News & Times.

PUERTO RICO on the Cross

Comisionada residente cuestiona propuestas de la junta | Gobierno

 

mikenova shared this story from www.elvocero.com – RSS Results in gobierno of type article.

La comisionada residente en Washington, Jenniffer González Colón, cuestionó las propuestas emitidas en los últimos días por la Junta Federal de Control Fiscal y aseguró que “las medidas de austeridad y control de gastos por sí solas no son la solución”.

“Reitero mi llamado a dialogar, a sentarnos a buscar soluciones razonables que ayuden a atajar la crisis sin menoscabar el bienestar del pueblo, porque el pueblo va primero. Basta de tanto menoscabo sin acciones a favor del desarrollo económico y protegiendo servicios esenciales, como las pensiones”, señaló la política del Partido Nuevo Progresista.

Agregó que Puerto Rico se encuentra “ante la imposición de una junta que a nadie le agrada, y vemos como congresistas, bonistas, el gobierno y especialmente el pueblo repudian muchas de sus acciones”.

“Debemos trabajar todos unidos para sacar a Puerto Rico del marasmo económico en que nos encontramos. Las medidas de austeridad y control de gastos por sí solas no son la solución, y especialmente inaceptable es la reducción de las pensiones de nuestros retirados”, apuntó.

Por último, hizo un llamado a la junta “a que se una a mi esfuerzo para continuar logrando la aprobación de medidas congresionales de desarrollo económico necesarias para reactivar nuestra economía”.

Latigazo en viacrucis: Congreso ordena a Junta a tomar control (documento)

 

mikenova shared this story from ElCalce.

En una carta digna de la muerte y pasión de Jesucristo en Semana Santa, el congresista Rob Bishop – hijo de Utah – le dio varios latigazos al pueblo boricua que carga la cruz y le ordenó a José Carrión III ‘Tres Palitos’ a que pusiera en cintura al Gobierno de Puerto Rico.

Según dijo Bishop en la carta dirigida al presidente de la Junta de Contol Fiscal, “mediante PROMESA” la Junta de Control Fiscal que dirige Carrión “deber de mandar cualquier reforma – sea fiscal o estructural – en el Gobierno de Puerto Rico para asegurar la realización del propósito de PROMESA”, lo que incluye, por supuesto, pagarle a los bonistas a como de lugar.

La misiva fue primero publicada por el periodista Andrew Scurria, del Wall Street Journal, quien dio un resumen en Twitter de los puntos que Bishop enfatizó en la misma.

IMG_1681IMG_1682IMG_1683

PULSE AQUÍ PARA VER LA CARTA PUBLICADA POR ANDREW SCURRIA, DEL WALL STREET JOURNAL, PULSE AQUÍ.

Outraged Puerto Rico Gov. Clashes with Oversight Board, Yanks His Plan

 

mikenova shared this story from News Chief Investment Officer.

The federally appointed oversight board for bankrupt, storm-damaged Puerto Rico, at loggerheads with the island’s governor over a new fiscal plan, has hit a new low point.

This week, Gov. Ricardo Rosello withdrew his proposal after the board called for cutting public pensions by 10% and implementing other austerity measures. Many in Puerto Rico believe the panel infringes on the territory’s sovereignty. It has the authority to impose its own plan if it doesn’t like what the governor proposes.

“The Oversight Board pretends to dictate the [government’s] public policy. This is not only illegal but is unacceptable,” Rosello said in a statement declaring his reasons for rescinding the labor proposal. He called the board’s actions an “unfair and abusive measure.”

Rosello’s plan featured several employer-friendly provisions, such as eliminating required Christmas bonuses for private-sector employees, as well as cutting mandatory back vacation and sick days, and allowing businesses to fire workers as they saw fit. On the other hand, he also advocated raising the minimum wage.

The board has given the governor until April 5 to come up with his own plan, which includes the labor law changes—and how to deal with the commonwealth’s underfunded pension system.

The dispute stems from Puerto Rico’s tremendous debt crisis, a $120 billion bond and pension debt coupled with the aftermath of September’s Hurricane Maria, which caused widespread devastation. Today, some 16% of the population still lacks power.

At present, Puerto Rico’s general budget makes the payments to its $50 billion underfunded public pension system, which now has no assets. Reuters reports that this is one of few occasions where a large-scale US plan has been left to a “pay-as-you-go” basis.

The island’s huge debt has led to the biggest bankruptcy in US history. If Rosello continues to be at odds with the congressionally appointed oversight board, he risks the panel imposing a fiscal turnaround plan unilaterally if it wishes.

Tags: pensionPuerto RicoRicardo Rosello

puerto rico governor – Google News: Outraged Puerto Rico Gov. Clashes with Oversight Board, Yanks His Plan – Chief Investment Officer

 

mikenova shared this story from PRN-SLE-PR Security and Law Enforcement News from mikenova (23 sites).


Chief Investment Officer
Outraged Puerto Rico Gov. Clashes with Oversight Board, Yanks His Plan
Chief Investment Officer
The federally appointed oversight board for bankrupt, storm-damaged Puerto Rico, at loggerheads with the island’s governorover a new fiscal plan, has hit a new low point. This week, Gov. Ricardo Rosello withdrew his proposal after the board called for 

 puerto rico governor – Google News


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