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.
Merry Christmas! —– Vote for a Strong President & Commander in Chief is what America, her Allies, and our Vet’s want & need a Trump landslide right into the White House 2016! Make America Great Again!!!
Are you an expert on Islam too? The col increases are done by statistics. The president doesn’t do anything with them. You don’t know what you are talking about yet again.
*cough* communism!
fraud democrats
There you go again, Angel…Unbeliever, still enjoying your Egotistical Attitude! You speak with: Forked-Tongue! As the American Indians say!
I speak with knowledge and experience in govt. You are a strange person.
That’s what CHRISTIANS are: Strange and Peculiar People…set apart from the world’s views/opinions. You are STILL BRAGGING, PRIDE Brings the downfall of men!
And your an expert on Islam too. Don’t forget that.
Never claimed to be an expert in everything, just a few! You REALLY DO NOT Understand Women at all, Do you!
WTH? The USA is $20 TRILLION In DEBT!! NO Pay Increase for OUR MILITARY Or SOCIAL SECURITY=Yet these A$$’$ get a “Bonus”! THIS Is HORSE SH*T!