Beautiful Virgin Islands

Monday, Jul 13, 2026

Should gov’t dip into Social Security fund to secure re-election?

Should gov’t dip into Social Security fund to secure re-election?

Opposition Leader Julian Fraser has pleaded with the government to be creative, make bold moves, and adopt a different approach if it wants to win re-election in the territory. 
While speaking in the House of Assembly (HOA) recently, Fraser said the government was able to construct an entire complex to repair the Elmore Stoutt High School (ESHS), even as the HOA was ‘playing around’ with renovations for its original location. Fraser said this is an indication that the government — led by Virgin Islands Party (VIP) Chairman Premier Dr Natalio Wheatley — could get things done.

He said government should borrow money to complete other important projects in the territory and not allow themselves to ‘sit there’ and ‘sink’ because of inaction amid fears about the likely impact on the upcoming general elections. 

“Government has the ability to borrow up to 30 percent of the Social Security pension fund; irregardless of where the standing is in the borrowing guidelines. Be creative, do things, step out of the box,” Fraser urged.

Mistakes can be corrected

The Third District Representative pointed out that Premier Wheatley and his Cabinet members have youth on their side, offering an opportunity to correct any potential mistakes that might be made.

“If you make a mistake, you still got life to correct it. It ain’t exactly like stepping on a banana peel where you could hurt yourself. It’s a simple mistake. Go borrow money, challenge yourself, fix the country. It’s been wallowing in the slumber for too long,” Fraser said.

The veteran lawmaker questioned what the government was afraid of and pondered what was the worst that could happen if it borrows money to fix the country. 

He insisted that the government should move into action and not wait for another administration to make these much-needed fixes.

“You still got a few months left. Go to work, get some documents drawn up for the Ellis Thomas Downs. Have it there ready going into the election. You could just tell them, this is what we going to do. That’s how you win elections,” Fraser advised. 

VIP slammed the brakes in 2011

Offering his own personal reflection, Fraser recalled that the same thing happened to a previous incarnation of a Virgin Islands Party (VIP) administration of which he was a member.

“That Cyril B Romney Tortola Pier Park, we could have done it in the 2007-2011 administration. But for some reason, our leadership just felt, you know, ‘hold the brakes, slam the brakes’,” Fraser stated.

He continued: “We had a contractor already selected to extend the cruise ship pier. He came [and] he just slammed the brakes, and in came the NDP and they looked like messiahs. Don’t allow another administration to do that with you,” Fraser pleaded.

The NDP won re-election for a second consecutive term in office under former Premier Dr Orlando Smith after calling for snap general elections in June of 2015. The pier park was officially opened months later in February of 2016 after a brief delay.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
Passenger Is Pulled Partly Outside Ryanair Jet After Window Fails Mid-Flight
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Following Massive Investor Demand: SK Hynix Raises 26.5 Billion Dollars on Nasdaq
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
After Four Years, and Under a Heavy Veil of Secrecy: King Charles Meets His Grandchildren, Harry and Meghan's Children
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
Westminster in Freefall as Farage's By-Election Gamble Triggers Broader Systemic Crises
Institutional Fractures and Political Volatility Reshape Britain's Domestic Landscape
Deadly Fire, Health Emergencies and Political Upheaval Shape a Volatile Global News Cycle
Flight Instructor Jumped to His Death — Student Landed the Plane: "You Know What You Need to Do"
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Prince Harry Suffers Major Court Defeat in Legal Battle Against Daily Mail Publisher
Bonnie Tyler, Welsh Singer Behind Total Eclipse of the Heart, Dies at 75
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
Global News Brief: Escalating Conflicts, Public Health Crises, and World Cup Drama
Federal Financial Framework Shifts as Treasury Launches Universal Savings Program for Minors
French Court Allows Le Pen to Run for Presidency, but with an Electronic Tag: "I Will Appeal, and I Will Run"
$1.4 Trillion: The Lawsuit That Could Crush Meta
Europe's Growing Struggle with Extreme Heat and Air Conditioning
UK Daily Briefing: Legal Developments and Social Issues
Political Turmoil and Rising Costs
Anthropic Reengineers Agentic Architecture to Shift Autonomous Workplace Automation to the Cloud
Logic Flaw in Windows 11 Permission Architecture Silently Consumes Hundreds of Gigabytes of Local Storage
Apple Advances Late-Stage Operating Systems with Fourth Beta Deployments
Global Crisis Alert: Escalating Middle East Tensions and UK Political Upheaval
Deep Purple Has Released Its Best Album in Decades
Microsoft Lays Off 4,800 Employees and Xbox Suffers the Hardest Blow
Morocco and France Advance as 2026 FIFA World Cup Enters Quarterfinals.
Historic 2026 Tour de France Opens in Barcelona With Revamped Team Time Trial.
Global Mergers and Acquisitions Approach $4 Trillion Defying Geopolitical Tumult.
Negotiators Advance 20-Point Framework for Gaza Ceasefire and Demilitarization.
OECD Warns Middle East Conflict Will Depress Global Economic Growth.
Ukrainian Drones Strike Major Oil Terminal in St. Petersburg.
World Meteorological Organization Issues Urgent Alert Over Rapidly Intensifying El Niño.
United States Commemorates 250th Anniversary With Diplomatic Summits and Global Flotilla.
Iran Begins Days-Long Funeral for Supreme Leader Khamenei Amid Strait of Hormuz Standoff.
Technology giant reports surging carbon emissions driven by artificial intelligence infrastructure demands.
Artificial intelligence adoption accelerates workforce reductions across the technology and financial sectors.
Global technology and financial conglomerates collaborate to launch a new stablecoin standard.
United States regulators lift export restrictions on a major frontier artificial intelligence model.
Luxury bags take over the World Cup: style, status symbol, or just showing off?
×