new york city councilman ritchie torres of the bronx joins us this morning to talk about the recently passed resolutions in the city council, designed to help puerto rico out of a huge financial hole. and we welcome back, once again, nelson denis, author of the book "war against all puerto ricans." great historical perspective there. let me start with you because there are some major deadlines facing the island in the next two months or so. walk me through those and why they're so crucial. >> there's four specific programmatic solutions, as well, and i want to touch on those. >> we'll get to that, but lay the foundation of what's gonna happen in december. >> in december, the gdb, the government development bank -- fomento -- runs out of cash reserves -- essentially insolvent. december. puerto rico owes a $945 million bond payment -- nearly $1 billion. without anything on the table, what's being geared up here is the governor is looking to do what's called "p3." it's public-private partnerships, which are basically turning the public infrastructure of puerto rico into cash-generating,