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.
Obscene & disgusting. No wonder we have no money.
For what, they haven’t done anything
I Don’t Trust No Man/ Woman! Unless they have a sincere caring heart & attitude toward each other. I TRUST in my HEAVENLY HEAVENLY , HIS SON, JESUS, my SAVIOR & REDEEMER, Abd GE’S GIVEN Me HIS HOLY SPIRIT to Speak HIS TRUTH & SHARE HIS LOVE…
This money should be going to the veterans.
black democrat buying votes
I hope you give crybaby Paul Ryan a bunch of it he needs it for all he’s doing for the GOP
Haha thats just the 20%! They dont tell you about the other 80% lol
Nope…THAT needs to go to our Veterans who are homeless.
That is messed up!
Like they really need more money