09/12/2011
https://congress.gov...
"Granting Puerto Rico such unprecedented bankruptcy authority would likely raise the borrowing costs of our states."
"The same principle applies to rewriting the rules after they have been agreed to and loans have been made under those rules."
"The only thing they lack is wise public policy."
"we cannot do that because of environmental regulations that are not only outdated, but, in many cases, have been found to be either defective or actually fraudulent."