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.
yes cant give to the social s an our vets what a shame
THAT BUILDING LOOKS LIKE A MOSQUE TO ME. No?
School attendants fired for giving a hot lunch to a child, after they are told to toss the food in the trash, if the child is unable to pay??? Is this what this country has come too??
We have millions to help the other nations, but NOTHING to feed out own???
School lunches should be FREE for ALL kids in this nation!!
Is this a effing joke??????????????????
Probably not……
and they do not give our raise that we work for all of our life/s for
No let’s get a job in the government I know people that they have so much vac that they can retired early as 2 to 3 years before
Very good !
ridiculous.
Wtf!!!
This is so crazy