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	<title>Comments on: MuniLand Snaps: March 8, 2012</title>
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	<link>http://blogs.reuters.com/muniland/2012/03/08/muniland-snaps-march-8-2012/</link>
	<description>Bridges, budgets, bonds</description>
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		<title>By: lordatwar</title>
		<link>http://blogs.reuters.com/muniland/2012/03/08/muniland-snaps-march-8-2012/comment-page-1/#comment-807</link>
		<dc:creator>lordatwar</dc:creator>
		<pubDate>Wed, 14 Mar 2012 00:18:53 +0000</pubDate>
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		<description>Ms Lang describes very clearly the present situation in Puerto Rico. As a resident, tax payer and business owner I can confirm that this island is going down the drain because of the irresponsible behavior of elected officials. The demagoguery has reach the extremes of a banana republic. In a country where the average salary is about $15,000/yr, it is not a travesty for legislators to vote themselves a $46,000 yearly allowance for perdiem. &quot;La dieta&quot; is tax free and only for eating out; the congressional cafeteria is not good enough for the legislators. Additional stipends include car, driver, gas, etc etc etc. With this kind of management can the island avoid going broke?</description>
		<content:encoded><![CDATA[<p>Ms Lang describes very clearly the present situation in Puerto Rico. As a resident, tax payer and business owner I can confirm that this island is going down the drain because of the irresponsible behavior of elected officials. The demagoguery has reach the extremes of a banana republic. In a country where the average salary is about $15,000/yr, it is not a travesty for legislators to vote themselves a $46,000 yearly allowance for perdiem. &#8220;La dieta&#8221; is tax free and only for eating out; the congressional cafeteria is not good enough for the legislators. Additional stipends include car, driver, gas, etc etc etc. With this kind of management can the island avoid going broke?</p>
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