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 $120 million.
Someone needs to cut off the allowance, take away the credit cards and require a Dave Ramsey course for imprudent squandering territory.
One-hundred-thirty-six years ago, Puerto Rico enacted a law that requires Christmas bonuses to be paid to government workers. No thought was apparently given to the economic ups and downs that would absolutely occur in this territory. No one took into account that perhaps a LAW was too binding and therefore should not create a promise that was not good for the country and would never be revoked.
But in 1969, Puerto Rico must have been feeling generous when they included mandatory Christmas bonuses. In 2015, Puerto Rico is standing with its tin cup, at the White House door, begging alms for the poor.
On the next page, read how we are enabling Puerto Rico, instead of cutting off the slush fund.
Government workers get paid out ragous salaries the ones that are getting these bonuses do any way while our military get pennies and no bonus.
You like the idea of a military that received bonuses and perks? That goes against everything this country stands for. Maybe Ancient Rome,$#%&!@*Germany’ and the British empire are not good examples to follow ?
OmniBus pay off
For what?
What about Social Security COLA?????
Where’s my bonus?!?
They should be ashamed
UNDESERVED. Senior citizens didnt receive a raise. Give back the $150,000,000,000 the senate voted to steal on October 31, 2016!. Then give us our raise.
Shocked !!!
Of Course, too big, and tooo corrupt!!!