“The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.” — John Maynard Keynes
FOR decades, many of us have proudly called the CNMI home. Today, the quiet in our tourist districts echoes a time when tourism wasn’t our only economic engine. We remember the garment factory era — when jobs were abundant, capital flowed, and our islands thrived.
Those factories are gone, but the lesson endures: economic diversity is the cornerstone of resilience. Back then, we had a “second engine” that kept us moving even when tourism slowed. Today, our economy is idling — but a new engine is surfacing from the ocean floor.
Responsible deep-sea mining — specifically the collection of mineral-rich polymetallic nodules — offers a bold path forward. These nodules rest atop the seabed, allowing for collection without invasive drilling. With the right safeguards, this emerging industry can:
– Generate high-paying, high-tech jobs
– Fund critical infrastructure upgrades
– Stabilize tourism through broader economic strength
The garment era taught us a vital truth: we must be at the table — not just on the menu. This time, we must lead with intention and demand:
– Direct Royalties: A fair share of mineral wealth must remain in the CNMI Treasury.
– Modernized Ports: Let’s use this moment to upgrade our ports and expand “Blue Economy” careers.
– Environmental Stewardship: We must set the global standard for protecting our sacred ocean.
This is about more than money. The U.S. currently relies on foreign sources for minerals critical to defense and clean energy. By responsibly developing our own resources, the CNMI becomes not just a territory, but a strategic partner — an essential shield in the Pacific.
Yes, change brings uncertainty. But we’ve been a powerhouse before — and we can be again. Let’s honor the spirit of the garment era by embracing a cleaner, stronger, and more self-reliant future. The federal government has framed this initiative as a strategic opportunity — one that, while complex, aligns with national security and the global shift toward sustainability.
After reviewing the 896 pages of Public Law 119-21 and the $7.5 billion it commits to our waters, my position is clear: the OBBBA has provided the capital — now the Marianas must provide the conscience. We cannot afford to be passive observers of a federal project of this scale. We must insist that:
– Data Safeguards are transparent
– Seed Money empowers local entrepreneurs
– Financial Bridges build refineries on our shores
The budget exists. Now, our collective voice must ensure it serves the people who call these islands home.
Thank you for reading — and may this be the beginning of a thoughtful, inclusive conversation about our shared future.
Happy New Year, CNMI!
NOEL SORIA
Long-Term Resident
•Audio Overview
https://drive.google.com/file/d/1EZvglESJRqGOOwdU8gBJGfhLD13G1Wtn/view?usp=sharing
• Infographics
https://drive.google.com/file/d/1Y1BmW4iKknmERtxhrnXhXE22DmbaVtqZ/view?usp=sharing
https://drive.google.com/file/d/1LLBTsuYKN1ADWrLlx6DqXsDHr_HlrIN3/view?usp=sharing
