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.
Where did this money come from? Social Security again???? Need to clean House, Senate and administration!!!!!
A Christmas bonus paid by an organization hell bent on removing EVERYTHING related to CHRIST and CHRISTMAS! !!????
Give it to Seniors CITIZENS and Vets
Government workers already get paid good money.
The government is out of control. People are homeless, malnourished, and being taxed to death for what??? BONUSES for lazy people???? Stop this runaway government NOW!!!
And us disabled vets and seniors can’t get COLA huh?? WTF???? Thanks Barry
Democrats never get enough………….
by goverment workers you must mean congress and the senate and all those that work in washington
They drive us farther in debt and get a raise for it?
They deserve nothing.
Seriously?