Someone forgot to tell Puerto Rico the wise adage: “If you don’t have the cash, then don’t buy it!” The island territory has a debt of $70 billion dollars, is at risk to default come January, 2016, on $900 million and decided to “charge” Christmas bonuses for government employees, to the tune of $120 million.
Someone needs to cut off the allowance, take away the credit cards and require a Dave Ramsey course for imprudent squandering territory.
One-hundred-thirty-six years ago, Puerto Rico enacted a law that requires Christmas bonuses to be paid to government workers. No thought was apparently given to the economic ups and downs that would absolutely occur in this territory. No one took into account that perhaps a LAW was too binding and therefore should not create a promise that was not good for the country and would never be revoked.
But in 1969, Puerto Rico must have been feeling generous when they included mandatory Christmas bonuses. In 2015, Puerto Rico is standing with its tin cup, at the White House door, begging alms for the poor.
On the next page, read how we are enabling Puerto Rico, instead of cutting off the slush fund.
will i get a thank u note ?
Wow about making all those gov workers who owe Millions in back taxes pay up
Why are we not getting cost of living increase?
WTF, THEY SHOULDNT EVEN GET PAID, NOT BONUSES
Government run amok
So now it’s obama’s fault that that social security didn’t revive a col increase? He doesn’t control that. Where do you get this stuff? It’s not based in reality.
I hope that includes the Military!!
Yes, Angel, HE and his Radical Jihadist, Islamic Muslim/Moshem ISIS/ISIL Administration, Congress, Senate,etc. ARE ALL PAWNS in his Crazy Chess Game…you Still NEVER Identified your Faith/Belief: Child of LIGHT or DARKNESS…You Do seem to have an Ego Issue,Sounds Frustrated with Women Especially Enjoying
Putting them down because you think your intelligence is Far more better, sounds like a Muslim!
Government worker get Christmas bonuses? Wow, what special fund does that come from?
MOST DON’T EVEN DESERVE THEIR SALARY!