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.
Ah and they work their fingers to the bone watching porn.
Yeah while taken all that money from programs and social security,people living on less then $750 a month some veterans on less then that,while Americans suffer they live it up, and hardly work for it,
No flipping way! The same that want to ban Christmas and Christianity?!?
And why can our seniors and disabled not get ANY cost of living increase, and how do they sleep at night with military being cut of what they have worked for and deserve?
Most are jews and socialist smh.
What????
Criminal!
Pay bills first we still owe China lol
Since when do government workers get bonuses?! My dad never got bonuses! What bull!
Give them to vets, homeless, military and the seniors too. some of our seniors are almost homeless and some are hungry, but no COLA this yr.