ISLAND NEWS / VIPA

He rants about the wasteful VI government spending and huge debt load per capita and he backs it up with statistics. When you compare the problems that CA has to the VI's fiscal condition he has a point.

Donna Christensen also must agree with him, because she is pushing in congress to get a CFO appointed to oversee the VI finances. She ran on this and even though the Governor opposed her she won handily.

In addition to his editorials regarding VI finances he does provide factual information regarding real estate trends in the VI.

Jim

You are talking about the newsletter referenced in the thread on Condo Owners? I don't know anything about his politics, and I should not have used the word "radical" to describe him. Sorry.

His newsletter gives an address in Minnesota, and I gather that he owns property either as a vacation place or investment or both. The newsletter has been published for a good long time.

My editorial view is that he has a stateside mentality about the government and institutions of the VI. Yes, he does have interesting charts and graphs, but much of his news is rather dated. For example, I looked at Jim's link (under "Condo Owner") and the guy has info about property sales that is dated 2000. Well, the EDC program has changed all of what he said, and continues to change the equation as we speak. He says that you can't get this information anywhere else, and I would beg to differ. I think you can get more updated information (if you are off island) here and in the on-line papers. 😉

In the news letter he sends out the real estate sales information usually lags by no more than one to two quarters which is about as soon as you can get the information in any jurisdiction.

It is broken down by island.

He does not give his information away for free on his web site.

Jim