Wednesday, July 16, 2014

PR governor says status vote by 2016 - Caribbean Business

PR governor says status vote by 2016 - Caribbean Business www.caribbeanbusinessp... 

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PR governor says status vote by 2016 - Caribbean Business
www.caribbeanbusinesspr.com
puerto rico gov. alejandro garcía padilla said wednesday his aim is to hold another status plebiscite by the end if the current political term that runs through …


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Puerto Rico gov pledges new plebiscite on status - MiamiHerald.com

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Puerto Rico gov pledges new plebiscite on status
MiamiHerald.com
Meanwhile, Resident Commissioner Pedro Pierluisi, the island's representative in Congress whose party supports seeking statehood for Puerto Rico, said he favors a referendum that simply asks voters if they want Puerto Rico to become a U.S. state. "That ...

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Puerto Rico gov pledges new plebiscite on status - KFOX El Paso

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Puerto Rico gov pledges new plebiscite on status
KFOX El Paso
... before going to voters. Puerto Rico held a nonbinding, two-part referendum in November 2012 whose results have been disputed. Nonbinding referendums also were held in 1967, 1993 and 1998. Seeking statehood has never garnered a clear majority.

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Puerto Rico's governor pledges new plebiscite by 2016 to decide US island's ... - Fox News

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Puerto Rico's governor pledges new plebiscite by 2016 to decide US island's ...
Fox News
SAN JUAN, Puerto Rico – Puerto Rico's governor says he will hold a new plebiscite by 2016 to decide the future of the island's political status. Gov. Alejandro Garcia Padilla said Wednesday that his Popular Democratic Party is working on a definition ...

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Puerto Rico gov pledges new plebiscite on status - SFGate

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Puerto Rico gov pledges new plebiscite on status
SFGate
Meanwhile, Resident Commissioner Pedro Pierluisi, the island's representative in Congress whose party supports seeking statehood for Puerto Rico, said he favors a referendum that simply asks voters if they want Puerto Rico to become a U.S. state. "That ...

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Puerto Rico gov pledges new plebiscite on status - WPEC

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Puerto Rico gov pledges new plebiscite on status
WPEC
SAN JUAN, Puerto Rico (AP) -- Puerto Rico's governor says he will hold a new plebiscite by 2016 to decide the future of the island's political status. Gov. Alejandro Garcia Padilla said Wednesday that his Popular Democratic Party is working on a ...

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Governor Calls for Status Vote by 2016 - Puerto Rico Report

Governor Calls for Status Vote by 2016 

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In a change of strategy, Puerto Rico Governor Alejandro Garcia Padilla has announced plans to hold a status plebiscite before the end of his current political term in 2016.
The plebiscite will be Puerto Rico’s fifth vote to consider alternatives to its current territorial status.
In the most recent plebiscite, held in November 2012, 54% of voters rejected Puerto Rico’s territorial status and a majority selected statehood from among the alternatives.  Governor Padilla has disputed the vote on the basis that the ballot did not include all the “adequate alternatives to statehood – such as remaining a commonwealth.”
The governor’s Popular Democratic Party’s (PDP) platform calls for an “developed” or “enhanced”commonwealth, in which Puerto Rico would remain within the United States but have authority to reject Federal laws of its choosing and enjoy sovereign powers such as international trade and treaty authority, while also maintaining a common market and national security measures with the U.S., keeping U.S. citizenship and receiving Federal funding.  The relationship would be guided by a “mutual consent” arrangement, the terms of which neither Puerto Rico nor the Federal government could change  without the other’s agreement.  There is a long history of  Congress and Presidents of both major political parties determining that the arrangement impossible for both Constitutional andother legal and practical reasons.
Funding for the vote announced today was included in federal legislation enacted in January of 2014, which granted the territory $2.5 million for a plebiscite vote that includes status options to resolve the question of Puerto Rico’s ultimate status.  Each option on the ballot, however, must first be determined by the U.S. Department of Justice to not be in conflict with the Constitution, law and policies of the U.S.
Under the parameters of the 2014 law, the next challenge for the governor and PDP will be in creating an option for the ballot that will meet with the approval of the U.S. Justice Department.



Puerto Rico gov pledges new plebiscite on status - SunHerald.com

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Puerto Rico gov pledges new plebiscite on status
SunHerald.com
SAN JUAN, Puerto Rico — Puerto Rico's governor says he will hold a new plebiscite by 2016 to decide the future of the island's political status. Gov. Alejandro Garcia Padilla ... in 1967, 1993 and 1998. Seeking statehood has never garnered a clear ...

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Without a net: Oppenheimer has $4 billion in uninsured Puerto Rico debt - Reuters

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Without a net: Oppenheimer has $4 billion in uninsured Puerto Rico debt
Reuters
Rival U.S. municipal fund managers began selling uninsured Puerto Rico debt several months ago, at prices not far below insurance-backed bonds. But OppenheimerFunds' management team has kept in place one of the mutual fund industry's biggest bets, ...