Governor Pataki Op-Ed in The Hill

Alexander Hamilton was the founding father that perhaps most influenced the tenets of the American economy. Hamilton’s brilliance is that he realized the economic success of any government depended upon its ability to access capital markets and respect for the rule of law. The framers of the Commonwealth’s Constitution understood this as well, and provided that payment of general obligation debt receive priority over any other debt incurred by the Commonwealth. Yet today, neither the Commonwealth nor the Oversight Control Board appear to be heeding Hamilton’s wisdom nor its Constitution, much to the detriment of the people of Puerto Rico.