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fr. james touched boys
Please don't listen to @johnny a . Listening to him will make you bankrupt financially and emotionally . Lol .. Borrow till your bankrupt right Johnny ? Forget recinding the PAYRAISE , forget grossly overpaying for the Tiyan barracks "school" , forget Gov Guam's personal pocket stuffing campaign just borrow without finding any solutions to paying off the current debt and when GMH gets renovated then borrow again to keep it operating , borrow to keep Gov Guam operating until you can't borrow anymore then declare bankruptcy . Johnny a's financial plan for idiots !
Lol ! Thanks Gov Guam .
If the government of Guam can't handle one of it's agencies finances then they should privatize it. Give it to others that have the knowledge and finances available. Like the auditors said Government of Guam needs to down size and stop its habits of borrowing and then borrow again to get out of debt.
For the people of Guam, swallow your pride, and greed. Give up what you can't handle.
A second private hospital would give competition to each other and give better service and better prices for us here in Guam.
Borrowing to pay for capital improvements is a good debt, but borrowing to pay for years of operational costs due to over-expenditure is nothing but a bailout to continue GovGuam's refusal to slim down its growing budget. This is Not a good debt, but a poor budget execution. GovGuam officials need to reduce the size of its government to offset its funding needs, and not ask all to solely sacrifice in footing its bill.
We can be underfunded and underimproved to the point that the service and facilities deteriorate to the point that it is third rated and worthless. If you want to see the hospital in a state of disarray and downgraded to the point that it jeopardizes the overall health of the island of Guam, go ahead and commit suicide by denying this loan.
Borrowing money is what built America. Corporations borrow money to improve the overall health of the company in a manner of speaking. But the way they catch up or alleviate debt is by paying it off.
If the Government is permitted to borrow money, it profits by paying off its debt. This is only obtained by continously current with the debt service.
Don't be discouraged with these statements, ok.