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.
For what? They haven’t been doing their jobs. They suck at it majorly
Give to our VETS instead .
WHY do you CONTINUE to ask me to trust you fool? Whether you have BRAGGING RIGHTS is unimportant to me, you DO NOT IMPRESS ME MINONE!
Yeah let the tax payers take the bill while we give them all of our money that we never see cause we’re too busy paying for their lavish life style.
Tax payers
Executive order, lol
When did we start giving bonuses to Govt employees???
Why
Wtf is a “minone”? Trust, that’s not the word you were looking for.
You curse/text like a ‘sailor’ little man!