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.
And with our Trillion dollar deficiet
and not a single cent increase for the senior citizens come 2016, no cost of living increase, nothing for our vets, if you put a liberal or dem in the white house, that’s what you are gonna get. they want even bigger government, my first vote was 1980, Reagan it was for me and i never voted for a single dem or liberal, so i can say, i had nothing to do with it, though many of my loved ones feel the pain
TYTYTYVM. Merry Christmas and God bless you ALL WAYS !!
Are all of them Christian?
My husband got no raise and $ 50 bonus for xmas
Veterans and legal citizens first
All of them!
Bribery for traitorship
I’m a federal employee and I haven’t seen a raise in almost 6 years!! So I’m not sure who’s getting them but it ain’t us little guys doing all the real work!!!
OMG!